The standard slot machines you used to see at your local pub are quickly becoming vintage classics. Online slots have changed the experience from a linear and somewhat repetitive experience to immersive journeys with graphics that wouldn’t look out a place in a video game.
But those innovations are part of the past now. Online gaming innovations are coming in thick and fast, with some so impressive that you sometimes forget you’re gambling (not always a good thing!). And there’s more to come. These are the top changes we expect to see in the next couple of years.
VR has stuttered to have an effect on gaming, mainly due to clunky tech that promised a lot, but would always fail to deliver. No longer. VR has arrived and it’s here to stay. Platforms such as Oculus Rift and PlayStation VR have shown that this shiny new technology is finally growing out of the ‘gimmick’ phase and into widespread adoption.
The advances developers have made in virtual reality are already starting to make quite the impression on online casinos. VR games have been tentatively introduced to some casinos, but they can’t quite be considered the real thing… yet. We expect a full VR experience to be possible by 2020.
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Credit Card, Cash … or Crypto?
The gambling industry has always been a sucker for the latest in tech innovations. Let’s face it: it’s just good for business. In many cases, however, it’s also a positive tick for the consumer as well.
We expect the majority of online casinos to begin mass cryptocurrency adoption. We’re talking deposits and withdrawals in Bitcoin, Ethereum, and perhaps even your favourite altcoin. The main reason for this is the security offered by the blockchain. Anonymous and secure transactions, as well as low transfer fees when using a foreign site.
Another clear advantage is that users will have the freedom to gamble online, even if they live in jurisdictions that don’t allow it. You can imagine a situation in the future where players from China (where gambling is banned) sign up to a casino catering to South African gamblers, for example. It’ll open up the market completely and we’re all for consumer rights. Bring on the blockchain!
The Rise of eSports Gambling
The eSports market is booming like crazy. Just last week, Intel signed a $100 million deal to seal a partnership with an eSports company. It marks the latest in the stratospheric rise of the relatively new industry, with experts estimating that it will become a $1.4 billion (yes, billion!) market by 2020.
You don’t think the gambling industry will sit on the sidelines without getting a slice of the action, did you? If you think eSports is going to grow beyond even current expectations (and we happen to think so), you can put some serious money on it becoming the next big thing for online gamblers as well. If it’s a game that’s popular and there’s a clear winner or loser, someone is going to gamble on the result.