You may have noticed, but the non GamStop casino industry is doing very well. Never before has the front page of YouTube been so full of videos of online games. The reason behind this is that there is a lot of money to be made playing and broadcasting games.
This is made possible in part by new innovative techniques and new revenue models for these ‘streamers’. In fact, some streamers do so well that they actually get rich from their hobby. The games industry does not sit still and this applies to both the developers and the gamers themselves.
The Different Revenue Models for Developers Are Increasing
The time when developers of major games put thousands of CDs in the shops are long gone. Of course there are still many large companies that do this, but a lot of new sources of income are added. A well-known example of this is the well-known football game FIFA. The publisher of FIFA releases a new edition every year that ends up in the store.
For a few years FIFA has added a new option to this, because players of the game can also make in-game purchases. For example, it is possible to buy points, these points can be used in the game to buy packs with football players. So by adding this revenue model, the game has become much more profitable for the developers of FIFA.
Another example is the huge trend of Fortnite. This game has become a huge success due to the concept and the revenue model behind it. Fortnite’s developers have used a completely different revenue model than what was previously common. By releasing the game for free, it has gained market share very quickly.
Fortnite’s revenue model rests in the purchases that the players make in-game. By offering a wide range of in-game items, Fortnite players spend on average a few tens per year. Partly due to this revenue model, Fortnite has become one of the largest games at the moment.
The same applies to casinos outside GamStop, which give players the ability to play anytime and anywhere. The year 2020 was the real birth of the trend of gambling sites, in this year these sites gained more popularity than ever and managed to build a huge base of loyal players. Besides offering an impressive range of bonuses and promotions, these sites also support cryptocurrencies such as Bitcoin, Tether and Litecoin.
The Origin of the First Generation of Bread Gamers
Not only do the developers behind the games improve, but various developments also create the first generation of bread gamers. These are the gamers who earn some pocket money simply by carrying out their hobby.
With the advent of well-known platforms such as Twitch and YouTube, it is possible for gamers to earn money by broadcasting how they play a game. At Twitch, the aim is for streamers to broadcast their game live. People can watch for free, but they can also donate money to the player. In some cases, this is done so massively that the streamer can actually save a lot of money.
At YouTube, gamers can earn money by putting a video of their casino online. When viewers want to watch this video, they will also see advertisements. The advertiser pays money to YouTube for this and part of this money goes to the gamer who uploaded his video to YouTube.
In addition, streamers can make more money through subscriptions, support and donations.
Virtual Reality & Augmented Reality
Two developments that further develop the iGaming industry are VR and AR. Virtual Reality because it can create completely new environments or make dream scenarios come true. Augmented Reality because, just like Pokemon Go, it can add a playful aspect to reality.
No wonder, then, that these two phenomena are becoming increasingly important. Not only in the gaming industry, but also in the iGaming industry. This is also an industry where there is great competition and therefore requires constant innovation.
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