The online gambling industry is booming in the United States with New York, Iowa, Illinois, and Indiana potentially now set to enter the market, ABC News reports (gambling is just currently legal in only six other states). As online gambling becomes increasingly accessible, technological innovations are also developing to improve the player experience. Blockchain, augmented reality, virtual reality, and artificial intelligence are just some of the latest tech trends to look out for.
Blockchain tech
Blockchian is revolutionizing the gambling industry. Blockchain is essentially shared, decentralized tech that facilitates cryptocurrency transactions. It’s fast (even cross-border transactions are made without delay), secure, and virtually impossible to hack. Crypto gambling involves gamblers depositing digital currency like bitcoin into their gambling accounts and withdrawing any winnings the same way. Anonymity is also guaranteed with crypto gambling — all that’s needed is your wallet address and key and there’s no need to give over any personal details. Players can even look forward to zero transaction fees, too. Moreover, blockchain also ensures a record of all transactions is made in a public ledger in real-time, resulting in a safe and fair online gambling experience for all.
AR and VR gambling
Augmented reality (AR) and virtual reality (VR) are innovative technologies able to give online gamblers more immersive, realistic experiences — similar to being in a traditional, in-person casino. AR, in particular, overlays interactive visuals and sounds onto the real world around you via smart devices like tablets, smartphones, or smart glasses, while VR uses VR headsets, so you can immerse yourself completely in a digital world complete with other online players represented by avatars. So, for example, when players use the slot machines in a virtual casino, they get to experience a 3D, interactive slot machine. Playing online slots can also be even more enjoyable when you play at the right time of day. For example, a time-limited must-drop jackpot is typically guaranteed to drop by a certain deadline — usually by the end of the day or sometimes within a set hour. Players can increase their chances of winning by playing before the deadline hits.
Artificial intelligence
Artificial Intelligence (AI) is another tech trend revolutionizing the online gambling experience. For example, most online casinos now have an AI assistant designed to help players and improve overall customer service. AI assistants can provide gambling advice tailored to the needs of each individual player and recommend new games, as well as remind players about upcoming major tournaments and promotions. Additionally, AI can also help fight against fraud in both online and brick-and-mortar casinos. It does this simply by being able to recognize irregular or potentially fraudulent activities. In fact, AI can also use numerous sensors to monitor a player’s appearance, detect any changes, and immediately notify the business owners.
Technology is continually developing to enhance the world of online gambling. Blockchain, AR and VR, and artificial intelligence are just some of the latest tech trends to look out for.