In 2020, the global casino and online gambling industry were worth $227 billion. Online casinos have contributed an increasing share of this staggering amount over the past ten years. It’s evident that the sector is not slowing down.
The online casino industry has seen a dramatic transformation thanks to numerous technological advances.
This blog post will explore four changes technology has made to the online casino industry.
1. Live Streaming technology
The way we access entertainment, goods, and services has changed dramatically with live streaming. Live streaming technology allows us to stream content directly from our devices, instead of downloading it onto a device. It is used extensively in education and video games, but the most important use case is the online casino industry.
There are many live dealer games that can be played via live streaming. You can play poker in your living room without the need to travel to a live dealer game. You only need an internet connection.
Casinos host live dealer games that are streamed to players via the internet. This brings the excitement of roulette, blackjack, and poker to your computer. They feature live dealers and real equipment, which is a big difference from online games.
The outcome of your game will not be determined by an algorithm. Instead, the dealer will deal cards or spin the wheel in real life. These are a popular choice for people who want a real casino experience but don’t have to travel.
2. Mobile gambling
Mobile gaming has become one of the fastest-growing sectors in the world – and mobile casino games are perfectly positioned to take advantage of the demand.
Mobile new online casinos have gained traction even though they were slow to catch on due to differences in phone screen sizes that made it difficult for games to be optimized across different devices.
Gambling on the move is becoming more popular than ever. A report by the UK Gambling Commission shows that almost 45% gamble on their smartphones or tablets.
This is great news for the industry. The mobile phone allows us to gamble anywhere we are, regardless of whether we’re waiting in line, on our daily commute or just relaxing before bed. This increases the likelihood that we will gamble more frequently, which in turn boosts revenue for this booming industry.
3. Video slots
The most well-known casino game in the world is the slot machine. However, online video slots are better, more modern, and perhaps even more popular than traditional slot machines.
Video slots work in the same way as traditional slots but have some key differences. Instead of pulling a lever to spin the reels, players need to press a button. Video slots may have up to seven reels while traditional slots only have three.
These games are a popular choice among online casino players because they feature music, fun graphics, and themes from pop culture. This is a perfect example of the technology that makes games more fun, accessible, and attractive.