Foreword｜PHL63
Did you know that 17% of the world’s population enjoys online gambling? This industry is changing and evolving rapidly. With fierce competition, it is also necessary for enterprises in this industry to continue to develop. Therefore, it is important to understand the changes that are taking place and the current trends.
Technology has driven many changes in this industry, some of which may surprise you. Are you ready to learn more? Read on as we explore how technology is changing the online gambling industry.
Connection Speed｜PHL63
In the mid-1990s, online gaming sites began to appear on the Internet. For those of you who aren’t alive or are too young to remember this, online gaming wasn’t always easy during this time.
You have to wait for your internet connection, high speed wifi is not a problem. Phones aren’t smart, and the Internet doesn’t follow you everywhere. However, people prevailed, and despite connectivity issues, online gaming sites continued to grow. In 1998 and 1999, two popular online poker game sites were launched.
These spots are the granddaddy of the so-called “poker boom” from 2003 to 2006, when player numbers doubled every year. It is important to note the year in which the poker boom occurred.
For a little history, in 1999, wifi was introduced for home use. From here, the Internet prospered as people were able to connect easily. Gone are the days of hearing dial-up internet screaming while trying to connect (now only TikTok videos remind us of those days).
This is an example of how technology affected early online gambling sites. However, it’s important to understand history so you can better understand modern changes.
Enter the mobile app｜PHL63
The changing face of the internet fueling the growth of the online gaming industry. However, while expanding online capabilities and what the Internet made possible, the mobile phone completely changed the game.
As mobile phones have gotten smarter, the biggest names in online casino gaming have quickly realized they have a new market. As a result, they focused on rapidly developing and releasing an early mobile casino game in 2008.
Today, you can find a variety of online casinos that also offer mobile games. For example, Jackpot City, the best online casino in Canada, offers mobile games as well as online games. If you want to stay ahead in this industry, you have to meet your customers where they are.
With 2.7 billion mobile gamers worldwide, the mobile app industry is critical to online gambling. Gone are the days of people hiding in their basements and not wanting anyone to know they gambled online. Today, as long as there is a mobile phone, people can play in any convenient place.
Blockchain Technology｜PHL63
Another important technological advancement that needs to be addressed is blockchain technology. Currently, fiat currency remains the most popular currency at online and brick-and-mortar casinos. However, this situation is changing.
Cryptocurrencies offer a level of security not available when using fiat currencies. Hacking this currency is much more difficult. However, casinos also have benefits when it comes to cryptocurrencies. Research supports the fact that cryptocurrencies are more secure and less likely to be scammed.
Because of this, many casinos have begun to accept and even encourage the use of digital currencies.
Virtual Reality｜PHL63
Another up-and-coming technology is virtual reality. Virtual reality games are becoming more and more popular because they provide an immersive experience. They let people “escape” from the real world.
This escape is sorely needed at times, especially in the days when everyone is stuck at home during a pandemic. However, this space also has the potential to take online gambling to the next level.
If you’ve ever been to a casino, you’ve probably experienced the fun and excitement. The bustling crowd around, what they saw and heard, what they saw and heard, what they saw and heard, what they saw and heard, was so beautiful.
When you’re gaming on your phone or computer, you lose a little bit of the luster. However, virtual reality can bring back some experiences. From the rolls of the dice to the surroundings, you can immerse yourself in a new world and feel like you are in a luxurious casino without leaving the comfort of your home.
Artificial Intelligence (AI)｜PHL63
Artificial intelligence plays a few roles in the world of online gambling. It can help create better algorithms and improve customer experience. It can also help identify problem players. Overall, the right use of AI can help improve the customer experience in games.
However, while it’s easy to think of how artificial intelligence can help in gaming, it’s important not to forget that it can also be used to help other aspects of an online casino.
For example, AI can be used to help provide customer support or detect and prevent fraud. Those in the online casino industry need to understand these trends and be open to continuing to expand and evolve using AI.
Cyber Security｜PHL63
It is no secret that cyber-attacks have increased over the past few years. Sharing your information online can be intimidating when you have to worry about someone turning around and stealing it.
Fortunately, there are a growing number of solutions to keep you and others safe. Cyber attacks are increasing, but so are the solutions to stop them.
This is changing the tide as gamers want to know that the sites they choose are safe. Therefore, it is important for online casinos to inform consumers of the steps they are taking to protect their information.
Stay on top of technology trends｜PHL63
Technological changes are driving the online gambling industry, but it should come as no surprise. This industry was born because of the development of technology and will continue to grow because of it. Get on top of these growing trends and make them work for you.
