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Advancements in technology have undoubtedly helped to drive massive financial growth in the online gambling industry over the past few years.

Experts in the sector have estimated that global gambling revenues could rise to more than $60 billion in 2020, highlighting just how lucrative it has become.

Slots have played a big role in this boom, with both land-based and online casinos offering players the opportunity to play hundreds of different games.

Many companies based in the United Kingdom have benefited from the rise of the gambling industry, using their extensive expertise to develop exciting new slots.

Read on as we look at some of the UK businesses currently driving innovations in the creation of modern slots games.

International Game Technology

International Game Technology (IGT) has its main headquarters in London, but it also has major offices in Las Vegas, Rhode Island, Providence and Rome.

First founded back in 1990, IGT has subsequently grown into one of the biggest developers of slot machines in the world.

The company currently employs around 12,000 people around the world and generates annual revenues of approximately $5bn.

IGT have been regular winners at the prestigious International Gaming Awards and are widely recognised as one of the biggest players in the sector.

JPM

JPM is one of the longest established firms in the slot machine industry, servicing numerous markets including the UK, Spain and Czech Republic.

The company specialises in top-class high-definition video slots, all of which feature state-of-the-art graphics, stunning audio capabilities and immersive gameplay.

JPM initially made its name back in the 1980s, supplying many iconic slots games to amusement arcades, pubs, bingo halls and many other entertainment venues.

Most of their slot titles feature immersive bonus skill elements, which elevate the gameplay experience to a completely different level.

Microgaming

Microgaming are viewed as pioneers in the casino world, having developed the world’s first true online casino software back in 1994.

Based in the Isle of Man, the company was also responsible for launching the first ever mobile casino software eight years later.

They continue to be a major innovator in the online casino sector, releasing new slots titles on a monthly basis across desktop and mobile devices.

Microgaming slots regularly feature huge progressive jackpots – a point perfectly highlighted by the $1bn that has been paid out to players on their games.

Bell-Fruit Games

First established in 1963, Bell-Fruit Games Ltd (BFG) has gained a strong reputation for designing and manufacturing gaming machines in the UK.

The company changed tack towards the end of the 20th century, concentrating its efforts wholly on the design and development of games.

The Nottingham-based firm continues to innovate today, regularly developing new slot games for both the European and worldwide markets.

Its iconic three bells logo is instantly recognisable on the slots scene and the company looks set to continue to thrive in the sector for the foreseeable future.

Barcrest Gaming

Another company that was formed back in the 1960s, Barcrest Gaming remains an instantly recognisable brand in the slots sector.

They were acquired by IGT towards the end of the last century, but were subsequently sold to Scientific Games in 2011.

However, both those gaming giants saw the sense in allowing Barcrest to continue to operate without changing its name.

Now driven by the might of SG Gaming, the business continues to use its expertise to deliver top notch slots to its customers across the world.