Technology Trends In Casino Industry
Industries had to implement tech trends to survive in the business world. The impact of technology has also been felt in the interactive gaming industry as well. It has been a long time since the casino industry has moved online and their land-based establishments serve as reminders of the past. Technological Trends in the Casino Industry Today we live the “technological era” in all its splendor, but we all know that we continue in constant evolution, allowing that day by day we encounter new advances that surprise for better or for worse. Technological Trends In the Casino Industry 2020 Technology has further impacted the online casino industry as well by incorporation of latest technologies into the business. The major technology trends that have impacted the online casino industry are listed below. Published on August 20th, 2020 Technology drives many industries as it changes and improves. The gambling industry is no exception. The casino industry has a history of embracing new technology to enhance gaming. Kevin Cochran explains seven exciting trends in technology shaping the gambling industry. You can pick up these trends in some casino online.
Technology has been a key driver in the transformation of the casino industry. Lucky Nugget Casino is one of the online casino that has harnessed technological innovations to offer its punters the best online gaming experience. Here are the top three tech trends that are driving the online casino industry transformation.
Virtual Reality and Augmented Reality
Virtual reality technology has improved the online gaming experience. Many game developers have incorporated this software to enhance player interactivity of the games. Players must wear a VR headset to enjoy the VR games. Once you put on the VR headset, you’ll walk into a virtual environment where you’ll find several slot machines and other casino games.
Virtual reality was able to sort out the issue of veteran gamers who were lamenting the lack of the real casino experience on the online platforms. With the technology, players can get the real fervors of table games like poker.
Augmented Reality (AR), on the other hand, enables the superimposition of the real and virtual casinos. As a result, players can interact with live dealers in the virtual reality environment. These two technologies have helped improve the online gaming experience making it more immersive.
Predictive Analytics
Nowadays, online casinos use several tools to compile a massive amount of data. This data analysis helps them to learn about the behavior of their players. This data also allows the casinos to improve the player experience.
Using data from predictive analytics, the casinos are able to predict accurately what their clients want. With this information, they tweak and adjust their games and online platforms to offer the gamers a better experience.
Furthermore, the online casinos are able to offer their clients personalized services. For example, you can get customized notifications and recommendations on new features you might enjoy based on your gaming behavior. You’ll also get information about bonuses and promotions available in the games you love to play.
Blockchain
The cryptocurrency technology is slowly making its way into the online casino industry. Initially, punters could only transact with the online platforms using credit cards or debit cards. Later, eWallets offered a more convenient way for punters to deposit and withdraw their money.
Lately, many online casinos are slowly integrating cryptocurrency technology because of its numerous benefits. Among the top benefits players get from online casinos that use Cryptocurrencies include anonymity, relatively higher deposit and withdrawal limits, and faster transactions.
Even though the technology is still inconsistent, studies have revealed that the future of Cryptocurrencies is bright. There are a lot of investments into the technology to ensure that it is fully implemented.
Bottom Line
The competition in the online casino business is stiff. Consequently, only those casino operators that can offer their players the best service will remain competitive. Embracing technological innovations is the only way top casinos can improve their services. Other technologies they can look at include graphics, easy integration, AI, among others. The future of online casinos depends hugely on technological developments.
Review 3 Of the Latest Tech Trends in the Online Casino Industry.
Just like any other business that strives to give customers a better service, online casino businesses are also becoming more competitive so that they have the edge on their competitors.
New online casinos need to keep abreast of the latest technology in order to not only attract new clientele but to keep the customer base they have. These days an online site needs to offer more than just a casino bonus, although this is still important. They need to adapt and keep up with trends.
More user encouragement
Online casino sites will need to be more attractive to new players. Sites will be re-designed to make players of all levels feel at home wherever they play in the casino. Leader boards will give weekly bonuses and have notice boards offering special deals where the players can keep up with what the site offers. Newsletters to all members will become a common event so that members are always up to date on deals and special offers. Sites will need to be more focused on keeping their players because there will be many more casino sites to play. They will need to offer something really special if they want to win new players and keep old ones.
Chang in live dealer games
While it is normal to see live dealers at games such as roulette, poker, and blackjack, there will be a move to see live dealers at other games. It is possible that you will start to see live dealers at board games such as Monopoly and even some skill-based games.
Higher jackpots
As anyone who plays progressive jackpots knows, the prizes are way up high. The trend is to go higher and payout more amounts. We should see several games which have interconnected jackpots possibly in some of the sports-themed games. Having more games connected means that more players will participate, and pay-outs will increase.
More skill games
Up to now, many online casino games are more luck than skill. That is set to change soon with games becoming increasing skill-based. As you enter the online casino you may find yourself pitted against the computer bot in your game. There will be many more games where analytical skill is needed. These are gaining in popularity very rapidly.
More multi-player games
There are some games where several players play together but not that many. In the future, there will be more games where players can play together either in teams or against each other. We predict that soon you will be able to play your favorite games with your friends.
Bitcoin currency
Some financial institutions are looking into the possibility of introducing ‘stablecoins’ which would be linked to all major national currencies. This they say would instill stability into markets. It would also mean that players do not have to do conversions between different currencies such as dollars and pounds.
Technology Trends In Casino Industry Entertainment
More virtual reality games
The next generation in online casino games is going to see the effects of improved virtual reality games. This is set to take the casino market by storm. Given that the age of players is lower now than it was some years ago, the trend will move towards a more virtual platform.
Improved 3D games
Obviously, this will be dependant on the device that you are using, but 3D graphics are set to improve beyond imagination. What makes 3D so attractive is that you do not have to wear any glasses to appreciate the effects.
The Casino Industry
Easy to navigate sites
Not only will sites become easier to get around, but they will also offer full lessons of all the games they offer. New players will never need to leave the site to learn how to play a game, all the instruction they need will be readily available in the casino, thus making sure that they stay on the site. A ‘sticky’ site will hold players far longer than a boring site.
Facial recognition
Casinos, both land-based and online may start to make a move towards facial recognition. No longer can a person who is on the ‘no playlist’ simply put on a fake beard and enter the site. Cameras will be able to recognize a cheat and flag him. In land-based casinos, this will increase the security of the casino, while in online casinos there will be less chance of an impersonator taking your winnings. Even if your laptop is stolen your winnings will be safe.
More online casinos
Simply because people would prefer to play games from the comfort of their own homes and at whatever times they like, there will be an increase in online casinos. Online casinos will make sure that their games can be enjoyed on all devices, whether they are static or portable. You should be able to get the same thrills when you play on your smartphone as to when you play in your living room.
To sum up
Because society is moving towards even greater improvements in technology, there is no reason why online casinos should not follow suit. It is very much a case of ‘adapt or die’ and any online casino who wants to stay in the business as well as attract more players will need to keep abreast of new trends.
Online casino sites will need to be more aware of attracting new players as well as holding on to older players. They will need to offer special deals to players of all levels and, with an easy to navigate the site, keep the players coming back for more.