All sectors of the global economy have significantly been revolutionized by technological advancements. The gambling industry hasn’t been spared. The industry has significantly grown in popularity over the past few years. As more people adopt this activity as a pastime and a way to make an occasional good return, gambling operators are coming up with innovative ways to corner the market.
In 2019, gambling operators took in $495 billion. The figure is expected to reach US$ 500 billion by 2022. 2020 may be coming to an end, but it’s not too late to see some disruptive changes to how people gamble. In this article, we’ll look at some technological trends that are making waves at the moment.
Growth of online gambling
The internet has stopped being just a medium where people communicate and share information. We are slowly moving towards an era where the majority of the world’s population will place their bet online more than they do at land-based establishments. Bettors don’t have to suit up and take a long drive to the racetrack or brick-and-mortar casino anymore.
Instead, you can fire up your internet browser and choose between a myriad of online casinos and games. To the new and uninitiated, the prospect of placing bets online may sound a bit dodgy. True, some punters fall prey to rogue operators and lose some money. However, with the help of guides and reviews from professional sites that include ukcasino.xyz, every gambler can start on the right foot.
Pay N Play casinos
Before you start playing at an online gambling site, you typically have to sign up and make a deposit. You also have to verify your identity and banking details. For some players, this process can be too cumbersome. If going through such a process sounds like something you’d probably want to skip, then Pay ‘N Play casinos are your best bet. These new casinos that are taking the gambling industry by storm allow players to enjoy their favourite real money games without registering. You just need to create a Trustly account to deposit and make withdrawals. What’s even better, both deposits and payouts are processed near-instantly. If you need to take a break before your bankroll is exhausted, you can still log in at a later time using your bank account.
Virtual Reality is yet another one of 2020’s hottest online gambling trends. The technology has been particularly successful in other forms of gambling and has now crept into gambling. VR technology is getting better and now allows players to play more realistic and immersive live dealer games. Players can virtually sit around a casino table as if they were in a real land-based casino. Since VR technology is still in its infancy, online casino players wait with bated breath to witness other possibilities from this amazing technology.
Artificial intelligence and machine learning
Artificial intelligence has been an integral part of the gambling industry for quite a while now. Online betting sites have mostly used AI and machine learning to refine their bonuses and promotions. Instead of offering fixed rewards, advanced technology is now being used to tailor promotions according to each players gambling profile. AI is also being used to recommend games that players will most likely enjoy based on their gambling history. To keep security as tight as can be ML and AI also come in handy in fraud detection and prevention.
Increase in live dealer games
Before online gambling became a thing, gamblers used to throng land-based casinos to play their favourite games. In the beginning, online casinos only featured RNG games that were a far cry from what you can get at brick-and-mortar establishments. This situation didn’t sit well with a lot of the more traditional players, as they were a bit suspicious of the random number generators. Casinos responded with live casinos, where players could watch in real-time as cards were dealt and roulette wheels spun. Live casino technology is only getting better, with the introduction of 4k cameras, faster internet, and OCR technology.
A casino whenever, wherever
By far, the most significant development in online casino gaming is the introduction of mobile casino games. The beauty of these native apps and mobile websites is that players can enjoy the best games from any location, as long as they have an internet connection. Casino operators are making apps more responsive and easier to navigate. They are also enhancing the gambling experience across different devices.