Career Development in the iGaming Industry: Opportunities and Challenges in 2024

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A talented team of professionals collaborating on game development

It seems like only yesterday when the world was introduced to the wonders of the internet. In just three decades, so many new developments have occurred, one of which is the introduction and growth of the iGaming industry.

Today, iGaming has become one of the largest and most in-demand industries in the world. It has evolved from being a pastime for tech-savvy individuals to becoming a billion-dollar industry.

Just visit bet999 and you will see the massive progress that has been made in iGaming.

What Is iGaming?

iGaming is a very broad term that covers a wide range of online gaming activities, most of which involve monetary transactions and betting in some capacity. An online casino, such as bet999 is a great example of what iGaming is all about.

These online platforms provide various forms of live entertainment to players across the world without the need to visit brick-and-mortar casinos. With iGaming, you can access slot machines, table games, roulette, and other types of casino games from the comfort of your home.

iGaming is similar to a growing sector of online competitive games, called eSports. These online games are becoming very popular in many countries across the world.

If you take the time to understand how this massive industry operates, you will soon identify the many available career opportunities.

Benefits of Working in the iGaming Industry

Working in the iGaming Industry
Source: escapeartist.com

You may already be employed in another industry and wondering if there are any benefits to making the switch to iGaming.

Well, when it comes to great salaries, flexible working hours, and an easy approach to office life, it is one of the best in the world.

A career in iGaming offers the kind of job satisfaction and growth that most office workers can only dream of. Think along the lines of modern workplaces, casual dress codes, awesome team-building exercises, and plenty of opportunities for remote working.

This industry is also relatively new, with many years of excellent growth being forecast. This means the level of job security is greater than what most industries are offering these days.

Consider, for example, iGaming platforms that use Bitcoin as their currency. With the increase in the number of places where you can use Bitcoin, this industry is set to continue growing for a very long time.

Opportunities to Look Out For

If you are thinking of joining the iGaming industry, there are many opportunities to be had as long as you know what to look for. Consider the following great career opportunities:

  • Management and Leadership Roles

As with all growing industries, iGaming platforms are always on the lookout for talented individuals to assume leadership roles and drive the industry forward.

Do you have a lot of experience in management? Your skills would make you a valuable asset in an iGaming company that is trying to make a name for itself in this competitive industry.

If you are lucky enough to land a job in one of the fast-growing projects, you can expect lucrative salaries of up to $500k. With the right skill set, you can have your pick of the many awesome positions that are currently being advertised in the job market.

  • Political Change in America and Europe

North America on the Globe
Source: pixabay.com

Have you heard about how iGaming has been the talk of the town in North America and Europe?

This niche industry has always had a lot of potential in these countries. However, recent changes in various laws have made it easier for iGaming companies to legalize their activities and grow faster.

A good example is the changing of the Professional and Amateur Sports Protection Act (PASPA) in North America in 2018.

This was a very big deal for the industry. Many operators can now legalize sportsbooks across the country, which has resulted in a huge surge of players and an increase in career opportunities.

The following year, in 2019, European countries, such as Portugal, Spain, and Netherlands also followed in America’s footsteps. These countries have seen a lot of activity in iGaming and would be excellent places to look for jobs.

  • Design and Tech

With the increase in innovation in the iGaming industry, comes a huge demand for game designers and other technical roles. It is these games that form the foundation of this massive industry.

As such, there will always be a need for individuals who know how to use the latest software. Since the demand far exceeds the number of candidates, jobs are plentiful in this line of work.

  • Product Development

Source: ubslogic.com

iGaming companies are always competing with one another to release the next big online game on the market.

When an idea is approved, these companies need reliable teams to turn that idea into an actual product that can be sold to consumers.

If you have experience in product development, your skills are in huge demand in iGaming right now. As the competition intensifies, there has been a significant increase in the salary ranges that project developers can earn.

  • Sales, Marketing, and Finance

It is not enough to have a good product if you cannot sell it to consumers and use the proceeds to grow into a strong company. The companies in the iGaming industry know this very well, and as such, a lot of investment is being made in sales, marketing, and finance.

Common Challenges in iGaming

Even with so many opportunities available, the iGaming industry also has its fair share of challenges. Consider the following:

  • iGaming is not legal in many countries across the world.
  • Millennials are more interested in other types of games.
  • The level of competition in the industry is growing rapidly.
  • The cryptocurrency meltdown hurt the iGaming industry.
  • eSports is growing rapidly and commanding a huge portion of the online gaming industry.

Join the iGaming Industry Today

Challenges in iGaming
Source: linkedin.com

If you have been looking for an exciting challenge to take on, you should consider joining the iGaming industry.

There are many opportunities for individuals with a wide range of talents. You can get a good job even if you do not know how an online game is created. Take a look at the exciting opportunities in this article to make the switch to iGaming.