Reasons to Choose a Career in iGaming Sectors
The iGaming sector is growing fast. There are thousands of players visiting different online betting platforms, bringing a massive surge of revenues to the iGaming business. Since the market is still growing, there are many job opportunities in this area of expertise.
iGaming, or online gaming, is a $50 billion industry that generates billions in revenue. In the US alone, it employs more or less one million people. In fact, more people are working for iGaming development companies than there are people working for the three biggest tech companies combined: Microsoft, Google, and Apple.
The iGaming sector is becoming increasingly popular every day. It seems like everyone wants to get in on the action, but what makes this sector so special?
The iGaming industry is a rewarding one. It’s also a volatile and competitive market. There are plenty of opportunities for growth, but success requires more than just a desire to work hard.
Latest iGaming Developers
You will be working in an exciting environment. It offers a lucrative salary, and you can receive big tips in addition to it. You will meet and interact with new people every day, especially if you work as a live dealer or customer support.
But what exactly could such a job entail? You may be surprised at the diversity of positions on offer, and the advantages that iGaming careers can have over other office-based forms of employment.
iGaming is already one of the richest industries on the planet
Job security is a major concern for all of us all the times, so a rapidly expanding industry that is already pulling in billions of dollars per year in revenues is sure to catch the eye of those concerned about their future.
Latest estimates suggest that over $60 billion USD of GDP was created by the iGaming industry in 2020, and that number doesn’t include several questionable variables that aren’t yet ready to be included in official figures. More and more players are currently using Bitcoin and other crypto-currencies to place their bets, which makes it difficult to ascertain just how much is actually being gambled outside of the handful of currently legal states.
Besides, football excitement in sportsbook surges as 2022 World Cup is around the corner. Sports betting is worth up to £625 billion per year, with 70% of that trade reckoned to come from football.
Virtual sports is also expected to add billions more to the balance sheets of the largest sportsbooks over the next two to three years – and those kinds of numbers are sure to attract investors, who will demand further growth and innovation in order to see their investments grow. In short, iGaming could possibly be one of the safest fields to work in right now!
What compensations or salaries does the iGaming industry offer?
If you’ve been thinking about a career in the iGaming industry, it’s important to understand what compensation packages they are offering.
For instance, a typical salary for an entry-level employee in the European or American gambling market is between $20,000 and $25,000 per year plus benefits. Senior-level employees can earn anywhere between $250,000 and $400,000 annually, depending on their experience and expertise.
With the growing popularity of online gaming comes an additional demand for specialists to develop and maintain this very industry. A compensation package in the iGaming industry is a combination of monetary and non-monetary benefits. This includes your salary, bonus, stock options, profit sharing, etc.
You can have a successful career with an established company in this industry. Now is the perfect time to explore your options as an iGaming professional. In order to get your foot in the door of this extremely competitive field, you’ll need to know the right people. Or you must have relevant experience.
What are the entry points in the iGaming industry?
The iGaming industry employs hundreds of thousands of people worldwide. There are various job profiles available in the iGaming industry.
They range from casino managers to marketing and PR professionals to software developers and customer service agents. These jobs vary in terms of the skill set required, pay scale, and working conditions.
How do you get into iGaming industry?
The iGaming sector has a high demand for qualified professionals. The best way to get your foot in the door is to start by gaining experience. And gain more knowledge in the different segments of this industry, such as casino slots online.
As the iGaming sector continues to grow, new job opportunities are opening up every day. It offers chances for people looking to work in this fast-paced, exciting industry. If you’re interested in learning how you can get into gaming as an employee, it’s important to understand the different levels of employees available in the industry.
A strong sense of community
Some of us like to keep our work and social lives entirely separate – and this can be an extremely sensible decision given the strict nature of many larger corporate businesses.
The iGaming industry often works very differently – you won’t be disciplined should you choose not to engage with the frequent social occasions on offer, of course, but you will surely have plenty in common with the people you work with and spending time with them outside of work may well be extremely enjoyable, especially for younger members of staff.
Be warned though, you’ll still need to be sure to represent your company with professionalism and respect whenever posting on Facebook or attending any kind of function with a known attachment to your employer. Embrace the party culture and enjoy yourself, but be particularly careful of alcohol clouding your judgment.
Flexible working conditions have always been available in iGaming sector
Working from home has become much more common since 2020, but iGaming have long offered this benefit to their employees wherever possible.
Support based jobs can be done just as effectively using VoIP phones and a VPN connection into the company office, and developers will often find they work just as well if not better using their own workspace at home rather than being confined to the busy environment of an office.
Don’t be surprised if you are free to set your own working hours, too – you may have core hours of 11am-3pm each day, perhaps, or something similar, but may be permitted to start at 6am or finish at 8pm if those would better fit around your lifestyle.
In the middle of a global downturn, and a long and hard economic recovery yet to really begin, it would make a lot of sense for many people to take a look at their possible career prospects right now.
There are many more advantages to working in the iGaming sector that didn’t make the cut for this article too, so if these seven points have piqued your interest, be sure to go and do some further research. It could just be the smartest career decision you’ll ever make.