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Blockchain is not the only technology reshaping the online casino market but it is a significant change driver.
So, whether you are a player or an aspiring online casino owner, keep reading, as the following text covers dominant solutions and how blockchain works with them.
Technology We Already Use
One thing characterizing the online gambling industry is diversity. There's something for everyone's taste, and based on the company's size and maturity, you can find different offers and technology in use. However, the following solutions will likely be found in every online casino today.
Cloud gambling has risen in popularity due to the availability of services. Rather than needing hardware for downloading and storing games, a solid internet connection is everything a player needs, as accessing gambling platforms and engaging in games happens online.
Live Casino Games
Although online casinos provide convenience, allowing players to play their favorite games anytime, anywhere, many punters still look for a traditional casino atmosphere, even in the digital environment.
Live casino games are among the most attractive features of online casinos. The attractiveness of these options is the existence of real dealers and live chat, enabling players to communicate with each other and the croupier.
The dealer is in a remote studio with a table surrounded by cameras broadcasting the game to players' screens in real-time. The goal is to create a seamless experience – when a dealer pulls out a card from a physical deck, the same card appears on players' screens, allowing them to determine the next move.
Live casinos usually offer classic table games like poker, blackjack, and roulette.
In order to provide an exceptional user experience, more and more online casinos optimize their offers for mobile. Players can choose between accessing the games through the gambling platform's site or downloading the app.
As the popularity of mobile gambling increases, so do the game offerings. Also, many operators offer attractive bonuses to those opting for mobile games. Finally, online banking adds to the gambling experience, allowing players to deposit or withdraw the winnings on their smartphones.
Technology to Look Forward to
These are not a never-seen-before solutions. We are familiar with each, but the online casino space is still in the adoption phase when it comes to the following technology.
Virtual Reality and Metaverse
Virtual reality has entered the gambling market. Given what we already know and have seen in the realm of VR, it's safe to say that this technology will drastically change or, better said, enhance the gaming experience.
Special gear like glasses, headsets, or gloves with sensors allows players to access ''classic'' virtual casinos and virtual venues in space or underwater. What future virtual casinos will look like solely depends on developers' imagination.
But that's not the end. What once looked like a distant future is knocking at our doors. If VR is the next level of online gambling, Metaverse is the next level's next level. To access the Metaverse gambling, players would have to create their avatars not only to play the game but also to interact with other players.
Metaverse casinos employ blockchain technology and cryptocurrencies.
Blockchain and Crypto
Blockchain and cryptocurrencies are not a complete novelty but still not a standard in an online casino market.
Adaptability is key to long-term success in the gambling industry. Operators who accept the changes in the payments sector, acknowledging the potential of the blockchain, have already allowed their players to use digital currencies such as Bitcoin.
Blockchain is a decentralized system; all transactions are stored in a ledger linked to several computers but controlled by none. Such a system enables transparency and anonymity to players as they don't have to leave personal and financial information on a gambling site.
Blockchain is used for crypto transaction processing. Crypto helps players stay anonymous, while blockchains keep records of their score (wins and losses). Also, the overall playing statistic is available to the public, giving players a necessary confirmation regarding the system's reliability.
Gamification in Gambling
One way to differentiate itself from competitors for an online casino is to implement game-like elements into its offers. These can be leader and scoreboards, game stages and missions, challenges, and tournaments. Virtually anything found in a traditional video game could add to the punters' overall experience and engagement.
Artificial Intelligence (AI)
Although many still worry about AI taking over their jobs, experts see a brighter future and say AI will only replace those who don't use it. That's why some online casinos are more than open to making the most of AI.
AI helps companies collect data and analyze it to make a better-informed decision. AI enables online casinos to create more personalized offers as they will know their members' preferences and gambling habits and how and when these change to react accordingly.
Technology is fundamental to our personal, professional, physical, and virtual reality. Online casinos aiming for exponential growth will continue using it, creating a safe and engaging gambling environment.