Gaming Corps closes significant deal with – European Gaming Industry News

Reading time: 4 protocol

Norway’s vibrant gaming community has experienced rapid growth in recent years. Gamers of all ages are indulging in gaming as a pastime, with many migrating to the online landscape and joining the growing ranks of live gaming streamers. Streaming is emerging as a new gaming trend, adding more entertainment value through competitive events and creating a stage for engagement with the wider community in the Nordic region and internationally.

Live Casino Performance

The best live casino Websites and apps alike use streaming technology to enhance the gaming experience through live casino games on, allowing them to appeal to an already eager player pool. Forecasts show that the live gaming market will grow by 7.26% over the next four years. Several factors influence the dynamics of the Norwegian live gaming landscape.

The statistics reflect a booming live gaming scene

The data shows the increasing popularity of games. Credible statistics show that live streaming will generate $76.08 million in 2024, while the overall video gaming market will generate $1,197 billion in revenue by 2024 and will continue to do so at a rate of 8,000 in the following four years. will grow by 52%. Norway’s live gaming market forecasts suggest that the user base will reach 1.9 million players in 2028. On the financial side, the live streaming market size will reach $100 million by 2028.

Although streaming on Twitch fell by 10% last year, a closer look at the available metrics for the Nordic countries shows that streaming hours in Nordic languages ​​on Twitch increased by 36% compared to the previous year.

The popularity of Twitch streamers isn’t just limited to video games – casino games are also receiving attention on the platform, so much so that the Norwegian government filed a protest with Twitch in 2022, asking the platform to block the marketing of gambling activities without authorization License in Norway.

Large player pool

The demographic data shows that the entire Norwegian population is active gamers. Not surprisingly, the majority of players come from the youth population. Approximately 71% of teenagers play video games daily, and the second most active group is people ages 16 to 24, 48% of whom reported playing video games daily.

Adults have busier lives, but 29% of Norwegians between the ages of 25 and 44 still find the time to play video games every day. Even seniors are playing video games, with 22% in the 45-65 age group playing games, and retirees also appear in the statistics, with 14% of 65-79 year old Norwegians actively contributing to the booming industry.

Esports is big business in Norway, and in 2016 high schools jumped on the bandwagon and introduced esports as part of the curriculum. Schools are working to prepare the new generation of players by improving their decision-making and collaboration skills.

Live casino games are driving the trend

There is another side to gaming, better known as interactive gaming or online gambling. Casino sites are heavily regulated in Norway, but streaming is also making inroads into this industry, with bettors sharing their gaming activities and adding a social component. Although most online casino games offer a single-player experience, live dealer games offer the opportunity to interact with real croupiers. Players can connect with live dealers and other gambling enthusiasts in Norway by participating in live streaming gaming sessions at the Roulette, Blackjack or Baccarat live casino tables.

Operators with live casino sections are not in short supply, so many are accessible to Nordic players. The Norwegian Gambling and Endowment Authority has reported that around 2.5 million Norwegians placed an online bet over the course of a year, a larger number than the active user base for video games.

Migrations between the two types of games often occur, and live streams familiarize players with both types of games. Due to the government’s monopoly of online gambling, which results in a limited range of casino games, most players venture to international casino sites, resulting in offshore operators having a market share of 15, according to Norsk Tipping, one of the licensed operators in Norway % conquer.

Mobile dominates live casino and video games

Gaming consoles were an important tool for playing video games, but are being replaced by smartphones. Mobile devices have become the primary gaming option for Norwegians. According to a 2023 survey of 1,032 respondents aged 18 to 64, smartphones were the preferred device for playing video games, with 45% saying they use a smartphone to play games.

Laptops and PCs account for 31% of usage, while gaming consoles come in third. 27% of respondents said they use consoles to play games. Mobile gaming is preferred due to its convenience and Norway’s cheap infrastructure. The country has one of the highest mobile adoption rates in the world, with 1.1 smartphones per person in 2023. Available bandwidth ranks 6th in the world and high internet speeds enable more reliable streaming and online gaming.

Mobile technology is not only driving the expansion of video games and live streaming in Norway, it is also driving the development of the iGaming scene. The limited access to land-based casinos in this Nordic country is motivating players to switch to online casinos, especially operators with live dealer games. Market forecasts show that the number of active players will increase to 301,000 by 2028.

It is logical to expect a crossover between players and players, especially with live casino games, which offer a similar level of entertainment and interaction as streaming video games, not forgetting the competitive aspect. There are dozens of video game tournaments and events in Norway, and online casinos also allow players to compete against other platform members for tempting rewards. If the Norwegian legal framework is liberalized, this gaming segment can keep up with the growth of video gaming.

Final thoughts

Gaming is a global phenomenon that generates revenue that dwarfs the box office numbers of films, and with the advent of live streaming, the entire industry is on a roll. Norway is a part of the world that is doing its part to grow the industry through legions of eager gamers and game studios developing immersive gaming products.

There are dozens of competitions and gaming events taking place in Norway, and most players also engage in live casino games. The most important elements for further growth are in place, such as: Such as sophisticated mobile infrastructures, a vibrant gaming culture and live streaming, creating a new method of engagement and advertising that will lead to 7.26% growth by 2028. Overall, live streaming can promote the next level of video gaming and live casino gaming development in Norway.

Source link