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Is Technology Really Influencing the Online Casino Industry?

Is Technology Really Influencing the Online Casino Industry?

The casino world has experienced drastic changes over the past few years. With the advancement in technology, casinos around the world have adopted different types of bots, random number generators, and automated programming algorithms.

Today, live dealer games come with real-time automated procedures that allow players to play from the comfort of their own home. Also, casino games have various amazing features that provide players with the best gaming experience possible.

Keep reading to know how technology is transforming the iGaming sector.

Interactive casino experience with Virtual Reality

Entertainment casinos and real money casinos are the two basic types of casinos in the online gambling world. Entertainment casino allows players to try casino games for free and with no opportunity of monetary rewards for winning. Real money casinos, on the other hand, offer casino games like Slots, Roulette, and other card games to gamblers who want to play for real money. The rise is technology has elevated both the platforms from 2D to 3D, but they still lack realism.

This is where Virtual Reality (VR) steps in.

With advanced graphics and software, VR casinos are able to take players right onto the casino floor. By using a VR headset, players can enjoy a lifelike and interactive gaming experience and interact with other players at the table in real-time. VR gambling platforms also offer detailed casino game rooms, which players can walk through and explore in fully-immersive 3D.

Artificial Intelligence

Artificial Intelligence (AI) has always inspired many sci-fi movies and books, and it has now become an important part of various industries. And the online gambling sector is no exception to it.

Online gambling platforms have always collected data to offer more personalized gaming experience to their players. Data is an invaluable resource in this sector, so it’s no surprise that the top online casinos are investing in special AI in order to analyze the information more effectively.

Gambling addicts are bad news for any reputable casino because they form a negative image of the operator. Gambling behaviors are difficult to monitor, but thanks to AI, early detection and prevention are possible. AI can easily spot addicted players by analyzing the data and notify online gambling operators. The identified account can be suspended for some time and the player is offered help before things get serious.

Anonymous gaming through cryptocurrency

Although cryptocurrency has been around for a while, it wasn’t until now that it started making changes in the online casino industry. Cryptocurrencies are very secure, and there is nothing hackers can do, even if they get hold of your information. In fact, even if they get your wallet ID, they can’t take the money from it.

Also, cryptocurrencies are totally anonymous – an advantage that no other payment method can offer. If you use wire transfer or web wallets to make transactions, the recipient gets to know your name, address, and account details. On the other hand, if you make payments using cryptocurrencies, they only have your wallet ID, which is a long string of numbers that don’t reveal any personal information about the user.

Is Technology Really Influencing the Online Casino Industry?

Casino games on the wrist

It’s fun to play mobile casino games as you can easily access them whenever and wherever you want. Recently, Microgaming unveiled its first smartwatch to play slot games online. With the smartwatch, it’s even easier to access online casino games than mobile phones. You can just roll the dice or spin the reels of your favorite slot titles while standing in the queue or having lunch. Some smartwatches from other manufacturers are also supporting various online casino games as well. So, when more casino operators start offering casino games on the smartwatches, we can expect to see tremendous growth in the business.

The Internet of Things

The Internet of Things (IoT) has the potential to revolutionize the online casino industry in two ways. First, it can bridge the gap between the platform and the player. By tracking and analyzing the correct data sets, online casinos can learn how players interact with each other and respond to online games.

The second way that IoT can impact online casino gaming is through integration with the physical gaming experience. Today, casinos can only really generate revenue if the player is physically present. To encourage this, marketing teams spend much of their time encouraging players to return to the platform through discount and reward programs.