Image Courtesy: Chris Liverani
Crypto Rules
At this point, it’s safe to say that crypto is not a fad and the gaming industry has considered that. Many online gaming platforms already accept cryptocurrency for gambling and payments, and we believe that many new gaming platforms will come on board in the coming months.
For many players, simplicity, enhanced security and anonymity make crypto their favourite way to deposit, withdraw and play. While traditional payments remain in the game, for many operators crypto may slowly replace these old methods in both land-based and online casinos.
Bigger and Better Slot Machines
In most brick-and-mortar casinos, slot machines were the bread and butter, sometimes taking up more than 80 per cent of the floor space. And while many operators need to add gameplay and VR-inspired hobbies (more on that later), slots can still engage players and keep them interested. But they need an update. The Foundation platform makes slot levelling easy – for gamers and gamblers alike.
The foundation (a platform) enables any gaming machine to connect to any application, providing casino operators with critical real-time data, while players can use loyalty and cashless transactions in a single mobile interface. Improving and adding to the old guard of slot machines can ensure that 80 percent of the floor space pays off.
More Live Traders
Just as many players have switched from in-person gambling to online gambling, so have casino standard features, including live dealers. Many online players prefer platforms where they can play games with a real live dealer – just like in a casino. In response, more and more online casinos are using technology to bring in real tables and dealers to enhance their online gaming offerings.
For example, the use of fun and exciting live dealers in games like Blackjack and Baccarat has become increasingly popular. And for land-based casinos, focus more sharply on making sure they have the most dynamic and charismatic dealers to entertain and engage players.
The Rise of VR-based Gaming
Virtual reality has taken video games by storm, and the wave is also sweeping the gaming industry. As VR accessories become cheaper and more accessible to the general public, more and more players expect VR-based games and casinos to offer them a truly immersive experience in the comfort of their own homes.
In addition, quarantines and closures due to the pandemic have only increased the public’s desire for more interesting and dynamic gaming experiences that can safely reflect the glitz, glamour and fun of land-based casinos.
Smartwatches = New Gaming Experiences
For years, players have used their mobile devices to bet and play, and now they can add their smartwatches to their arsenal. Look at someone’s wrist and chances are you’ll notice a smartwatch.
And it’s no surprise, as the industry is projected to reach $690 billion by 2028. With more and more game developers developing new games that can be integrated into all types of devices – including smartwatches – we believe this is the new limit for gaming in the industry and which enables the optimal combination of online gaming technology and personal experience.
Conclusion
Just like other industries, the future of the casino business is influenced and shaped by technology and trends. Whether it’s better gaming machines, VR-based gaming or the use of crypto, exciting and innovative times are ahead for the gaming industry.
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