Online gaming, often known as iGaming, has risen rapidly in recent years, and it is one of the few industries that has thrived in the previous two years despite the COVID-19 outbreak.
Following the global closure of land-based gambling facilities, iGaming platforms have drawn a large number of new users, with the industry expected to generate more than $70 billion by 2021. Furthermore, as a result of the legalization and regulation of online gambling in several jurisdictions around the country, the business is undergoing a dramatic shift, with revenue forecasts approaching $100 billion by 2023.
With rising demand and more Indian players obtaining access to online gambling, the number of online sportsbooks and online casinos has reached an all-time high. As a result, many industry software developers have focused on casino games like slots, roulette, and poker, which are among the most popular iGaming activities.
The following companies have been recognized as the market's leading suppliers in recent years for their ongoing pursuit of innovation, more authentic gaming experiences, and mobile responsiveness.
One of these pioneers is Microgaming, a powerhouse in the iGaming industry and one of its oldest firms. The company was created in 1994 and is credited with developing the first online casino in the world.
Microgaming has received several awards over the years, and its jackpot network is often regarded as the industry's greatest, with more than $1 billion in payouts from the company's slots. Mega Moolah and Thunderstruck are two of the most popular titles in its repertoire, with over 800 titles total.
With almost 20 years in the industry, Playtech is another iGaming industry pioneer. The company possesses over 140 licenses globally and operates in over 19 countries, in addition to being one of the major providers in the industry.
It has approximately 700 games in its library, including well-known franchises like The Matrix and Robocop. The company also provides a number of online gambling services in addition to slots and other casino games.
Evolution Gaming, which is now the top supplier in the online gaming market, has taken the iGaming world by storm during the last decade.
Not only does the firm possess some of the top slot creators in the world, including NetEnt and Red Tiger (the studio behind Starburst, the world's most popular online slot), but it also boasts the industry's biggest live casino gaming inventory.
Apart from live versions of classic card games like as blackjack and baccarat, Evolution has launched Super Andar Bahar, a live dealer version of India's most popular card game.
Pragmatic Play, which was formed in 2015, is one of the fastest-growing online casino game producers, with a varied assortment of HTML5 games to satisfy all types of gamers, from beginners to big rollers.
Several big iGaming suppliers, including large Indian platforms, have high regard for the company. Pragmatic Play is a multi-award-winning gaming firm, with Hot Safari and Queen of Gold, two of its most popular slots, nominated for Game of the Year at the EGR Awards in consecutive years. However, the company's most popular game is still Empty The Bank.
ELK Studios is a mobile casino gaming startup based out of Sweden. Since its beginning in 2012, the company has developed a diverse range of mobile-first games using proprietary math models and algorithms.
In its limited history, ELK has received several awards, including Game of the Year at the 2017 eGaming Review Awards for its Wild Toro slot. Among their most popular titles are Platooners, Poltava, and the Electric Sam series.
Despite its foundation in the 2010s, iSoftBet has quickly become one of the industry’s top game developers, having established a significant game catalog with hundreds of titles in considerably less time than industry titans like Microgaming and Playtech.
With several highly praised games in its portfolio, iSoftBet’s most popular titles include Chilli Chilli Bang Bang and even branded games from popular media franchises like Rambo and Paranormal Activity.
These are the top 6 developers in the online gambling market right now. So, if you're searching for a developer to help you get your game off the ground, these firms are a terrific place to start. These businesses have decades of expertise and will deliver a fantastic final result.