Latest Trends That Will Shape Online Gambling In 2020
By Space Coast Daily // July 23, 2020
Online gambling has become even more prominent in recent years due to the numerous technological advancements and the rise of the internet.
This year, it’s one of the industries seen to be more successful because of the pandemic that caused the sudden change of lifestyle to a majority of the world’s population. With most land-based casinos closed, online gambling trends are all set for a takeover.
The online gambling industry is on track to increase its worth to over $94 billion by 2024. As the water tank fills, the pool of players also becomes deeper.
Thus, various online gambling operators will want to watch out for trends that will affect online gambling as a whole.
The competition will be stiff from this year moving forward. As to what to expect, read on to find out the latest trends that will shape online gambling in 2020.
Increased cryptocurrency transactions
Many online casinos have adopted cryptocurrency use for transactions due to the increase in people investing in Bitcoin. This year and in the near future, many more online gambling operators will follow suit.
Bitcoin and blockchain technology became popular in the online gambling community because it’s unregulated. This gives online gamblers and bettors that are in countries where banks are not allowed to process gambling transactions play freely.
More people all over the world can enjoy playing PNXBET online casino games and in other top online casinos using cryptocurrency. This is a huge advantage, that’s why many are shifting to use it even though its rates are volatile.
AI and machine learning will be used to enhance player experience
Artificial intelligence (AI) and machine learning are two interchangeable concepts that have impacted many sectors in business.
Now, the online gambling industry is included in that list. Since online gambling relies on technology, it won’t be a surprise that such automation will be used to improve user experience.
Areas such as customer suggestions in online casinos already feature these kinds of technologies. Players now get suggestions on which games to play based on the data that the website is getting from the previous games that they played. This way, you won’t need to answer surveys or search manually as often.
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Virtual and augmented reality in online casinos
Virtual reality (VR) and augmented reality (AR) is already being used in mobile and console gaming. In 2020 and in the coming years, you’ll see these concepts make its way to online gambling.
Several casinos are in fact already incorporating either one in their gaming system. It’s only a matter of time until online gamblers will be much more realistic. In VR, players will be able to see each other and share an environment, while AR will make online casino games more captivating by augmenting the player’s surroundings.
More live dealer games will be accessible
In relation to the integration of VR and AR in online casino games, more live dealer games will also be available for playing.
As online casinos continue their efforts to try and bring the environment of a land-based casino online, you’ll be able to play more games with a human dealer via livestream. This is aimed to bring in more regular casino customers to play their favorite casino games online.
Many online casinos and other gambling operators will emulate the environment and the ambiance of a land-based casino to attract more new players. This also means that job opportunities will increase for those who are in the casino and gaming industry.
This year, we’ll see online gambling evolve to adapt in these more advanced times. Gambling online will be able to give many gamblers a whole new experience. More fun and variety through the use of technology, digital assets, and the internet is coming our way.
ABOUT THE AUTHOR:
Luther Abrams is an online game and sports enthusiast who spent his younger years playing and watching basketball, baseball, soccer, tennis, and badminton games, among the many others.
Today, as an early retiree, he continues to write about his love and passion for sports. On most days, he also loves to play ball with his two kids.
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