The gaming industry is constantly evolving as technology advances. This change will undoubtedly have a large impact on the way gambling is conducted around the world. Gambling has now become more accessible than ever as online casinos continue to proliferate and provide players with a level of convenience that was unheard of even 10 years ago.
In this article, we explore some of the unfolding developments in the gambling and online casino trends through 2021, which will undeniably affect how the industry operates globally. We explore topics such as 5G networks, artificial intelligence, live casino games, and VR casinos.
1. 5G Network
5G networks, which are expected to come online later in 2019, will deliver a massive bandwidth that can support all existing wireless technologies and accommodate new ones that are still being developed. The increased capacity of 5G networks will allow for the development of self-driving cars, low latency augmented/virtual reality gaming applications, along with new applications for smart cities and drones.
2. Artificial Intelligence
Artificial intelligence is the cutting edge of technological innovation in the world of gambling. It is enabled by artificial neural networks and deep learning algorithms, which have taken the industry by storm in recent years. AI has enabled self-learning machines that are much more than just bots that play games; they are actually able to think and strategize like an actual human player.
These machines are the future of gaming, and they will likely become part of every online casino experience in the future.
3. Online Casino Slots And Table Games
The growth of online casino games has been nothing short of remarkable as new platforms continue to attract customers with their competitive offerings. Slot and table games will dominate all aspects of online gambling, accounting for nearly 65% of all revenue by 2021.
Online gambling is expected to take on an even more intimate form over the next year or so with the growth of VR casinos and the advent of e-sports. Current VR headsets are small and practically comfortable for the user’s eyes, but they cannot provide a satisfactory experience for gaming.
The introduction of wireless headsets will change these perspectives dramatically, likely increasing the popularity of all types of online casinos and table games.
4. Online Gambling And Casino Bonuses
These days, it seems like every online casino offers lucrative bonuses to encourage users to register an account. The introduction of “no deposit” bonuses has made it even easier for new players to get started quickly and with minimal risk. At this time, there is no sign that the popularity of these promotions will decline over the next few years.
5. Live Casino Games
It’s no secret that live casino games are the future of gambling. Casino operators have begun to realize this, and many have already started integrating virtual reality into their websites.
Some casinos, like for example oppa888, use top-notch softwares from Evolution Gaming, Ezugi, Vivo Gaming, and others, in order to offer their customers perfect quality videos and graphics that leave a thrilling experience.
The potential for monetization in this area is enormous. It will be interesting to see how well casinos adapt to the demand for a live online experience.
6. VR Casinos
Gambling has opened up new avenues for entertainment over the years, and technology has made things much more accessible for everyone. Virtual reality gaming is taking this to the next level by allowing players to become a part of their favorite games.
At this time, casinos are still trying to figure out new ways to monetize VR gameplay, but the opportunity is incredible.
Some online casinos are betting on VR versions of their old table games, whereas others focus on completely new ways of playing that only exist in the virtual world. To be successful, casinos will have to make sacrifices for VR games to be profitable.
7. The Crypto Is Anticipated To Rule the Fields of Gambling
No doubt that the gambling businesses are getting ready for a change by adopting crypto coins to make the betting transactions as seamless as possible. This technology is predicted to turn massive in the coming years. The gambling industry embraces this technology by accepting Bitcoin, Ethereum, Litecoin and Bitcoin Cash as payment methods.
As much as this sounds like a great idea, there have been incidents where users got payouts in Bitcoin Cash instead of cryptocurrency, which they wanted to receive. Besides, it is essential to know which site offers Bitcoin payouts for gambling.
At last, it is notable to mention that plenty of sites allow crypto coin payment, like Crypto-Games.net, that offer Bitcoin as a transaction medium.
And when you are ready to play your favorite online casino games with Bitcoins or any other cryptocurrency, feel free to visit this website and enjoy hassle-free gambling without having to go through the hassles of logging into your account to check your balance.
8. Consumer Habits are Changing Quickly
Gambling is no longer considered a “vice” for the older generation. It’s no longer frowned upon; it’s expected. Even casual gamblers now have disposable income and are willing to spend it on random events with a slight possibility of winning – like an online slot machine or a card game.
If you’re not familiar with gambling, you might be surprised to know that in the U.S., the younger generation is now more likely to gamble than older adults. And this trend is also reflected in the UK and around the world.
In a survey conducted by LendEDU, gambling was the fourth most common monthly expense behind food, entertainment, and gas. This same survey showed that 60% of millennials had gambled at least once in the last year.
It’s not a “vice” anymore; it’s an occasional recreational activity that people don’t think twice about spending money on.
9. Brick and Mortar Casinos are Declining
The past few years have been difficult for brick-and-mortar casinos. In fact, the industry has been slowly declining since the 1990s. Even though most people don’t gamble at casinos, these locations are still commercially successful. In some cases, they’re even much more profitable than online gambling sites.
As the trend continues, brick-and-mortar casinos will decline even more over time as more people choose to play online or in person instead of on a casino floor.
10. Smartwatches are Adding a New Edge to the Online Gambling Industry
The gambling industry is becoming a market of its own. It’s not just an entertainment thing anymore. There are plenty of online platforms that require a smartwatch to access them.
Smartwatches have created a new platform for mobile gambling. Several apps are being introduced to attract this sector of users. These watches not only make it possible to place bets on your phone or online, but they also make it possible for you to move money between the platforms you’re already using.
The future of online gambling is bright. There are new technologies being released all the time that will alter the industry for years to come. Online casino companies are starting to use these technologies and adapt their businesses to fit on this new platform, in turn attracting more users and enticing them to gamble more frequently.
The only downside to this new trend is that it attracts younger users more than older adults who would have been frequent gamblers twenty years ago. This leaves a huge gap in the market and people who are dependent on the profits made from these losses. As a result, players are forced to pick up their gambling addiction at a later age.