iGaming will be built around digital currency and AI solutions
As time passes and emerging technologies like artificial intelligence (AI) continue to develop, more parts of society are being connected thanks to these innovations. AI has found a stable home in the online gambling industry, which has been open, since its beginnings, to embracing new technologies. And technology has only helped the industry become stronger; some experts believe that over the next four years, online gaming revenues could be increasing by 11% annually. Those future years certainly count on the presence of many AI products that are set to improve online casino operations.
Some studies have been analyzing how the future will be when it comes to online gaming, and most of them concluded that mobile gaming will take over the course of the next five years. Mobile gaming seems to be destined to generate more profit than any other sector, mainly due to two main factors: the addition of virtual reality (VR) features that are getting more development each day and the blockchain technology. VR is no longer a topic for sci-fi books and films; it is already being tested in some online gambling venues are starting to offer VR slot machines and table games to their customers.
These VR features that will be added to mobile gaming also have an important AI component, which is necessary to develop virtual words with smart interactions and responses besides just providing an exciting virtual scene. Users could be experiencing new technologies never seen anywhere, but in video games, through the development of sounds, actions of partners and every other perk offered in a real casino to be as close as possible to the real experience. This will help attract new and more audiences to the industry.
Finally, electronic currencies will most likely take over the entire online gaming market. With current restrictions on deposits and pricey costs for operators working through third party processors, utilizing cryptocurrencies as the main payment method could also boost the operators’ revenue, which could help companies to bypass the need of a third-party assistant for depositing and withdrawing funds.