Blogs & News

How Do Gaming and iGaming Differ

How Do Gaming and iGaming Differ

August 28, 2023

The phrases “gaming” and “iGaming” have grown in popularity over the past few years and are sometimes used interchangeably. Both names are commonly used to refer to the entertainment and digital technology industries, but it’s important to note that both these terms differ in a few ways.

Gaming vs iGaming

Gaming, as a broader notion, includes interactive entertainment that involves using computers or playing video games. It covers a wide range of devices, including consoles, smartphones, and even conventional board games. Gaming offers experiences for gamers of all ages and interests, whether they choose to play online against their friends or go on solo quests.

iGaming refers exclusively to the segment of gaming that entails gambling or wagering on games of chance via the internet. It includes online gambling activities, such as poker, sports betting, online lotteries, and casino games. Due to its accessibility and capability to be played and wagered with real money from the comfort of one’s home, iGaming has experienced substantial growth.

Transaction Methods

The involvement of financial transactions is one important distinction between gaming and iGaming. iGaming incorporates the aspect of gambling, where players may win or lose money, whereas gaming concentrates on entertainment and immersive experiences. Live22 maintains its reputation as an industry leader in iGaming because of its dedication to innovation and consumer satisfaction.

Fair Play Rules

Compared to iGaming, gaming is subject to less strict rules, particularly when it comes to non-gambling video games. To ensure fair play, responsible gaming and the security of player data, iGaming providers must abide by licensing standards. Live22 prioritizes players’ security and fair play using tight regulatory guidelines.

Social Gaming

Additionally, iGaming and gaming have different social aspects. Multiplayer interactions are frequently emphasized in games, whether they are played locally or all over the world. In contrast, iGaming is more likely to centre around personalized experiences. Live22 is a leading iGaming provider that provides services to meet players’ demands. Live22 offers top-notch games, including slots, table games, and mini games, with a strong focus on creating an immersive gaming experience.

Key Takeaways

Gaming and iGaming differ in terms of their purpose, financial ramifications, regulatory frameworks, and social factors. For business owners who are interested in participating in gaming or iGaming, understanding these distinctions is crucial because it will influence their expectations and experiences within each industry.