How Will Gambling Industry Change in the Next 3 Years?
The improvements in the gambling industry depend a lot on innovations in technologies. The rise and popularity of casino games should be attributed to the introduction of online gambling sites. The advent of the internet and the advancements made by technology have made it possible for all betting enthusiasts to place a bet on their favourite sports or play live dealer titles from the comforts of their home. The demand for online gambling is at its peak now, and this is why there are plenty of internet casinos mushrooming now. The improvement in the user’s gaming experience is possible only if the owners of the betting platforms are aware of the latest technological trends and apply new and improved solutions to their platforms.
The following are some of the new trends that the iGaming platforms need to use and implement to bring about new changes to the industry.
1. Use of Blockchain in the Industry
There are a lot of online gambling websites that have started to offer cryptocurrency option as a deposit and withdrawal method. The biggest advantage of the use of blockchain technology is that the transactions are fast and 100% safe. The payments are made anonymous on the internet. The casino benefits from using cryptocurrency as a payment option since it does not have to shell out any money to third parties. All transactions are transparent. The emergence of cryptocurrencies like Bitcoin, Dash, Litecoin, Ripple, etc., and its wide use over the internet has driven a lot of the operators to accept this payment option. By using this method, the gambler does not have to reveal any of the personal or financial details. The best part about using the blockchain technology is that the winnings can be quickly withdrawn and it cannot be confiscated by banks or blocked.
2. Use of Virtual Reality
The online gaming experience can increase a few notches and drive a lot more people to try them out if there is a strong merging of gambling and virtual reality technology. The use of VR technology can bring in a lot of innovative gaming products to the industry and offer great improvements in the gameplay. It will bring out a life-like playing experience to the bettors unfolding a complete new and digital world right in front of their eyes. It can transport the users to a unique and different dimension that has not been seen or experienced by them before.
The virtual reality has already proved its mettle in the internet gambling world. NetEnt, one of the leading software developers and suppliers for the industry has created virtual reality versions of some of its popular free slots no download no registration types and real money titles like Gonzo’s Quest. It offers the best immersive experience that is even better than the brick and mortar casino experience that bettors enjoy. The VR implementation can help the online gambling centres to replace the physical casinos as the player gets an immersive playing experience yet sitting in the comforts of their home.
3. Augmented Reality
The augmented reality technology has made some inroads into the online casino industry. It has added a new lease of life to the live games and has made it more appealing to the gamblers. It allows users to meet real people in virtual surroundings and also enjoy a better gambling experience. The players get to meet the live croupiers without moving from their homes. A real lie physical betting environment is brought right on to the computer or mobile screens by using this immersive technology. With the introduction of the 360-degree experience for the internet punters, the live dealer experience has improved by leaps and bounds. The users can now track what is happening on the other tables to help them in making the right decisions.
4. Improving the Player’s Personal Involvement
The operators are facing stiff competition in the online world, and they are always on the lookout to come out with a better playing environment to keep their users on their toes. They do everything possible to drive gamers to return to their site now and then. There is going to be better-personalised gaming offered to the members of the site in the near future. Already, many internet betting websites have taken the cue and have come out with a wide array of specified bonuses and promotions on the titles that every player plays the most. Some of the offers include free spins; reload bonuses, cashback bonuses, etc.
There is no doubt that the future looks bright for both the casino operators and the players. The owners of the sites make all efforts to communicate with their clients to find out what they enjoy and what they do not like on the site. This will help the players to enjoy a personalised online gambling experience like never before.
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[…] gradually and over time and not at a particular moment/short timeframe. Recently we did a piece on how the gambling industry will change in the next 3 years and while that is a prediction that we can make with a fair degree of accuracy, we can tell you […]