While the music and iGaming industries may seem worlds apart, they actually have more in common than you might think. In one corner, the music industry continues to make a huge profit, even in today's avid music-subscription climate with some artists experiencing quite a big drop in revenue. An article by Digital Music News reveals that major labels made $43 billion in 2018 from music sales, as well as concert tickets, music streams, and YouTube ads. Meanwhile, in the other corner, the online iGaming industry also makes an incredible amount, skyrocketing with an estimated $50 billion annual profit.

However, making this much money hasn't been so easy for the two industries. Physical music sales dropped and competition from other forms of gaming may make it difficult for online casinos to attract new players and retain existing consumers.

Entertainment fans today are spoilt for choice

It's incredible to think that even a decade ago, the main way that people accessed music was by downloading an MP3 or by buying an album or single on a disc. A CNET article about the best music streaming services explains that music fans can now choose between a huge variety of sources, including Tidal, Spotify, Apple Music, and more. Each service offers something a little bit different, with Apple Music providing access to internal and external radio stations and Spotify showcasing innovative song curation and lyric capture software.

Online casinos have also found success by offering players more choice. The most popular casino sites operate as review pages, highlighting and suggesting the best tried and tested games and companies, so consumers can instantly direct themselves to the site most relevant to them. There are modern online slot games, innovative 'live casinos' and also traditional table games, like blackjack and roulette.

How accessibility has improved the industries

Online casinos and the music industry benefit from the accessibility of online resources. Customers no longer have to wait in line at a theatre to get their hands on the latest concert tickets, just a few clicks and they are delivered to your door or via an email barcode. Live streaming also means you can watch your favourite artists perform from home, or take part in real-time card games dealt by real suited-up dealers in Vegas, from your kitchen table.

Music streaming services offer free trials, though premium subscriptions are often inexpensive too. With casinos, offers make it easy for players to try out games before they spend. The online casino review site, Casino Wings, provides curated offers for current and prospective players, as well as bonuses and free spins for reviewed sites.

The future of the entertainment industry

These two industries will undoubtedly continue to grow as they incorporate more accessible ways for customers to enjoy entertainment. With rumours floating around that both virtual reality gigs and casinos are currently being developed, music and iGaming fans can only watch this space and prepare for where the future of the entertainment industry is heading. Fans can only offer excited speculations of how the individual consumer experience will change over the coming years.