Web3 Games Taking Center Stage in 2023 Could Lead to Token Growth

Discover the endless possibilities of the booming Gaming industry with “Monthly Snapshot,” your ultimate guide to the world of online gaming and gambling.

In 2022, Web3 gaming gained significant traction, captivating investors who poured in a remarkable $4.5 billion. This positive trend is set to continue throughout 2023, signaling a promising future for the sector.

Our monthly newsletter provides you with the latest advancements, industry trends, events, past-future statistics, and growth predictions for gaming, gambling, and sports betting sectors.

Read the latest from Slavna blogs

Cost of Developing an Online Slot Game
The Art of Game Design: Tips for Creating Engaging and Immersive Game Experiences

Gambling News

Casino gaming market size in the US to Grow by USD 13.26 billion from 2022 to 2027; Growth driven by increasing spending capability of customers
The casino gaming market size in US is estimated to grow by USD 13.26 billion between 2022 and 2027. The market’s growth momentum will be progressing at a CAGR of 4.53% during the forecast period. The market is driven by the growth in the spending capability of customers. The rising number of double-income households has increased the per capita income of customers in the US.

Tools to collect and analyze data are crucial to success in today’s casino operations
It’s the short word with mammoth, industry-wide implications. It’s the catalyst linking every casino department, from accounting and marketing to compliance and surveillance. This continually evolving asset tracks player spending, game performance, customer preference and time on device.

Trends shaping the industry of today and tomorrow
Here at The Innovation Group, we are fortunate to see the gaming industry from all sides. With that perspective, we have had the honor of organizing and moderating G2E’s “Crystal Ball” sessions for the past several years, which ask key industry leaders to take a step back and reflect on where the industry is, and where it is going.

Sports Betting News

The state of US sports betting: Where is it legal?
In 2018, the Federal Law that prohibited gambling on sporting events – called the Professional and Amateur Sports Protection Act of 1992 (PASPA) – across the United States was overturned by the Supreme Court, thus allowing each state to decide whether or not to legalise sports betting individually.

How broader sports gambling has fared in Ontario and how it may change next
Since the province launched its regulated online gaming market a year ago, you’ve likely seen the ads, heard the hype, and at this point, you know how to partake. Canada made single-event sports betting legal in 2021, but Ontario was first to move ahead with a regulated sports betting program — allowing multiple operators to provide legal, online sports gambling services

Mobile Sports Betting Pushes Massachusetts Gaming Revenue to over $152 Million in March
The Massachusetts Gaming Commission has released it latest monthly revenue report revealing that the state’s licensed casinos and mobile sportsbooks generated combined gross gaming revenues (GGR) of $152.6 million during March.

NFT News

Play-to-Earn NFT Games Market 2023: Exclusive Insights: Analyzing Future Demand and Growth Trends by 2030
Play-to-Earn NFT Games Market Growth and Industry Revenue Research Report 2023: provides all-inclusive update on growth segments, recent developments of top players with their revenue and CAGR status. It also covers various industry Segment by Type

Web3 gaming becoming the focus of 2023 could lead to a rise in these tokens – AXS, APE, FLOKI
Web3 gaming noted significant traction in 2022, with investors pouring in $4.5 billion, which is continuing in 2023 as well. The space is still facing challenges in terms of scalability and adoption, as only 3% of gamers held NFTs last year.

Ten Best Blockchains for Developing NFT
The building block of every NFT marketplace is a set of smart contracts that determine the transaction terms between a buyer and a seller. A unique gift of blockchain technology is NFTs.

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About Slavna Game Studio

For more than 15 years, Slavna has been providing professional and technical services for Online gaming, sports betting, and gambling companies. Our hassle-free, end-to-end game development services include 2D & 3D art design, game development, deployment, back-office customization, detailed financial and gaming statistics integration, and other related services. With our expertise and experience, we help our clients and partners gain a competitive edge and grow their businesses.