Paid Competitive Gaming Segment Is A Faster-growing Segment Of The Online Gaming Industry

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Global paid competitive gaming report revealed that paid competitive gaming industry is one of the fastest growing industries in the world. The overall gaming industry is growing at the rate of 4.9 per cent per annum. All platforms that offer competitive games like lotus book 247 games are growing in popularity. The growth rate of paid competitive games is around 31 per cent which is six times the rate of industry.

Consumer spending on games by gamers has also gone up in the last few years. The pandemic and the lockdown enforced by it accelerated the adoption of games by youngsters. It would have been the case without the pandemic and its forced lockdown. However, the situation of ample free time and nowhere to go led to massive interest in games. Today gamers are not only for killing time with a game. They want to develop skills to play the games and earn handsome rewards after every win.

In the years to come the paid competitive gaming segment is expected to grow up to 16 billion. The overall gaming industry is expected to see US $ 223 billion market. The report further revealed that gamers who play skill-based ...
... games are more likely to come to play paid competitive games. Gamers who come to lotusbook247 live for live poker engage themselves in paid competitive games. Live gaming is one of the attractions of live casinos which is part of the leading gaming platforms. The live casino ensures the same thrill and excitement that a brick-and-mortar casino provides to its patrons.

The duration of hours spent by gamers also differs. The Gamers who play skill-based games spend at least one hour more than traditional gamers who do not play games based on skill. Skill gamers spend 5. 4 hours, while traditional gamers spend 4 hours on games of chance. Both types of games are available on leading gaming platforms. Often skill-based games are preferred due to the opportunity of earning rewards. Gamers consider Lotus Book 247 games for entertainment, skill and earning opportunities. That is probably the reason for their long stay on games for skill.

The percentage of gamers playing skill-based games is around 40 per cent in the country. The consumer base is growing every day. The penetration of the net, cheap data traffic and availability of smooth net connection offers a base for the online gaming industry.

Mobile phone is the first preference for gamers as it allows comfort and privacy during playtime. Last year, half of the revenue of the global online gaming companies came from gamers on mobile phones. Its percentage is expected to grow in the coming years.

Personal computer gamers are close to 1 billion in the world in the last year. Console gaming has 900 million players. No doubt the number is set to increase in the next few years. This makes it easy for gamers to choose the platform they prefer to play their favourite games on the big screen for considered the best for fantasy sports, races and casinos. Online gaming platforms allow gamers to come to gaming sites Lotus book 247 Live for the real-life thrill and excitement a mobile cannot provide.

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