The online gambling and gaming sector is growing at an impressive pace. In 2021, we could witness about $12.1 billion being added to the online gaming industry.
Online casino and betting companies are investing a lot of resources to promote the growth of their businesses in this promising market.
Thus, you can play real money casino games online and enjoy a high-end user experience. Let’s look into 7 top new technologies that will drive the casino world in the near future.
Technologies Influencing the Online Casino World
1. Augmented Reality
Augmented Reality (AR) technology is going to play a major role in the future of online casinos and betting. You can already see Augmented Reality video games in the Google play store.
But, what makes AR solutions useful in the online betting and gaming sector is that you get a real gaming experience rather than just looking at virtual images on a phone screen.
Augmented Reality (AR) apps like Pokémon Go and Google Maps are already available in the market. They let you explore the world with augmented virtual images.
For instance, you get to see images of attractions or museums even if they are not in your area. In the online casino and betting sector. Augmented Reality will make it easier to dive deep into the game and win.
Players will have access to live sports or game footage; they can also be introduced to new gaming experiences and make the maximum out of them.
2. Virtual Reality
Virtual Reality (VR) was introduced in the 80s. At that time, the computer systems were so weak that they did not even allow you to experience anything realistic. What is more, the cost of a virtual reality system was so high that only a few companies could afford them.
As the years passed, technology has come a long way. Today, you can get VR headsets that provide a much better virtual gaming experience. In the online casino and betting world, virtual reality will provide a real-life betting experience to players.
Imagine playing with real online bookmakers while staying at home. You can go to any casino and experience real-time betting options. The same will be the case with the betting markets. You can also check out and experience the live casino games on your VR goggles.
Blockchain is a distributed ledger technology that facilitates the transfer of value. It was introduced in the 1990s. Initially, the solution was used to store medical records. However, today, we are seeing more and more companies adopting Blockchain technology for numerous purposes.
In the online betting and gambling industry, Blockchain technology is used for tracking transactions. It lets companies track the movement of money and prevents the possibility of fraud.
Once a transaction is initiated, all the details about the funds are encrypted. At present, most online casinos are using Blockchain technology to track bets and payouts.
Each week, almost 30,000 keen gamblers are using cryptocurrencies to play at blockchain casinos. In 2021, the number of people who were betting with digital money from the beginning to the end of the year has almost doubled and reached 40.1%.
4. Artificial Intelligence
Artificial Intelligence (AI) is known for making smart machines that use algorithms to automate their activities. In the future, AI-powered robots are expected to assist people in a wide range of activities like cooking, cleaning, and other household chores.
Similarly, in an online casino and betting world, AI is expected to make your gameplay more exciting. The AI technology will help you find better match-making solutions and boost your winning odds.
5. Machine Learning
Machine Learning (ML) is another important technology that will have a major impact on online casinos and betting in the future.
ML is one of the key concepts of artificial intelligence that uses data to analyze behavioural patterns and come up with a solution that is most appropriate for the situation.
It is the same way online casinos and betting websites use data to analyze the bets and odds offered by a bookmaker. If a player is winning and losing money at the same time, the AI uses this information to identify the problem and then suggests changes in the payouts and odds.
6. 3D Printing
3D printing is another technology that will change the face of online casinos and betting. Today, the use of 3D printers is mostly limited to the lab and construction industries. But, in the near future, 3D printing solutions will be used widely.
3D printers are capable of creating physical objects based on digital files. They can also simulate mechanical components. For instance, 3D printers can be used to build different kinds of electronic components. They can also be applied to create components used in cars and airplanes.
Since 3D printers have a wide range of applications, it is likely to be used widely in the future. The 3D printers will be used to print out cards for poker or casino games. If you can play casino games with real casino chips, then why not the games with 3D-printed chips?
Are you interested in knowing more about what’s going to drive the online gambling industry? Then feel free to explore some other high-tech online gambling trends.
7. The Internet of Things (IoT)
The Internet of Things (IoT) is the combination of digital with physical objects. This is a major technology that is going to be used widely in the future. The Internet of Things has already changed our lives by allowing us to control things just by using the Internet.
This technology is also being used for the development of online casino and betting companies. It allows you to automate tasks and make it easier for you to manage the operations of an online casino or a betting company.