With the skyrocketing demand for new online casinos, the global market value will rise to $92.9 billion by 2023. However, several governing factors have pushed this industry towards its zenith over the years, like the increasing number of mobile users, the legalization of online gambling, and more. As a result, online casino developers have been forced to incorporate next-gen technologies to keep up the hype.
For instance, gaming developers have used artificial intelligence and virtual reality to give players the same experience as a land-based casino. They have created a live dealer who acts just like a real-life dealer. With more users signing up for online casinos and looking forward to having an immersive experience, gaming providers have adopted various technologies.
If you aren’t aware of the revolutionary features of the online casinos and what changes they can bring in the coming years, continue reading below to clarify your doubts.
Introduction of Blockchain and Crypto
Casino gaming providers can revolutionize the industry with blockchain and crypto and introduce words like transparency, anonymity, and optimal security. But the question is how?
Cryptocurrencies are decentralized, and hence they won’t require any form of KYC verification. A player can sign up with any ID and play the games. Their identity will be anonymous so that no one can recognize the player or use personal data for hacking accounts. This offers a sense of security to all the players, ensuring they can continue to play and win fortunes with no restrictions.
Blockchain can also increase transaction speed and make them more transparent. There is no need to share your details during deposits and withdrawals. Blockchain technology can become a ledger for all online casino records in the upcoming years.
Whenever any transaction is initiated on a blockchain, it is first validated with a highly secured and encrypted hash program. If the results match the preset values, the transaction will become complete. So, the chances of fraudulent or scammed deposits and withdrawals will reduce considerably.
Integration of Virtual Reality for Next-gen Gaming
The concept of virtual reality is known to the world. From 3D movies to video games, VR plays a crucial role in offering users an immersive and interactive experience. Recently, online casino developers have tapped into the pool of VR to provide the same experience as that of real-life casinos, if not more.
Below we have explained a couple of ways VR can revolutionize online casinos for a better future:
- Increased interaction with other players as if you are sitting with them at the casino lounge
- Interaction with live dealers on table games
- Enjoying the feel of virtually sitting at the table for the upcoming live board game
Virtual reality isn’t limited to board games only. Instead, the technology has been integrated with slots, roulettes, dice games, etc. With a VR headset, a gamer can completely disconnect himself from the real world and delve deeper into the virtual casino world.
A Demand Surge for Live Casinos
Thanks to the integration of virtual reality in online casinos, one can now have an immersive experience through live casinos. Over the years, the demand for live casinos has surged several notches. As a result, more players are looking for more live games, be it the traditional Blackjack or the newest forms of poker and roulettes.
It is expected that live online casinos can quickly take over traditional land-based board games within a couple of years. If developers incorporate artificial intelligence into all these casino games, the gaming experience will become more immersive. It can easily cut the connection with the real world, ensuring the player can enjoy the same experience as land-based casinos but on a virtual platform.
Online casinos are becoming more and more popular. Gamblers are trying their luck on these platforms, while amateurs hope to develop their gaming skills. With thousands of games on the same platform, jackpots, wilds, spins, and other offers, new online casinos can easily keep the excitement level high. However, developers need to adopt new technologies like crypto and VR to ensure that players can enjoy the immersive feeling.
This is a paid guest post.