The online gambling sector has undergone some great changes in order to become one of the most profitable sectors in the world. The primary reason behind this growth is the successful implementation of the latest technological innovations. But, as we know, modern technology never stops evolving, and today, there are other exciting technological innovations that will change the face of the online gambling sector. So, without further ado, let’s take a look at some of the hottest tech innovations that are driving the popularity of this sector.
Blockchain Technology and Crypto:
Blockchain-based solutions are applied by many different companies today because they allow a safe record and transfer of information and funds online. Blockchain technology is also regarded as one of the best solutions for enhancing the security of the business. Moreover, cryptocurrencies are accepted widely by many famous businesses and smaller ones as it is a great way to attract crypto users to their platforms, and also most reputable casino sites are looking to add these payment options. It provides lots of benefits for the users, such as safe financial transactions, low or zero processing fees, and short processing time.
AI Technology:
Typically a modern online casino will implement AI technology as a way to improve customer service and have a better understanding of the behavior of the users on the casino sites. Otherwise, AI has been widely used, especially its subset of machine learning on social media platforms, e-commerce sites, and mobile apps. One example of AI technology is the chatbots on casino sites that are able to instantly provide information about specific topics. The data about the questions as well as the information about the customers helps the casino improve their casino experience. Also, machine learning technology allows casinos to cater specifically to their audience by creating personalized bonuses and promotions. It will also allow them to predict future behavior and create better offers.
Virtual Reality:
VR technology has become one of the best technological innovations for the gaming sector because it provides a unique and realistic gaming experience that isn’t possible with other technologies on the market. Online casinos have utilized this technology in their games in order to enhance the gambling experience of the players. The technology literally transports them in the game, and when it comes to table casino games, they get a seat at the virtual table and interact with other players. In other words, when the player uses a VR headset, it experiences gambling in a realistic environment, and it can feel like they are in land-based casinos even when they are playing from the comfort of their own home.
The Virtual Reality casino games have surged in popularity thanks to famous providers like NetEnt, Microgaming, Pragmatic Play, and others that have worked to create VR versions of their popular titles. Some VR casino games are Gonzo’s Quest, Starburst, VR roulette games, VR blackjack, and other games. Another proof of the popularity of VR technology is the profitability of VR gambling. Actually, it’s expected by 2021, the sector to expand and grow by 800%, with a worth of over $520 million.