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Canada boasts is a thriving gambling industry. Its annual worth is estimated to be around $13 billion. It has grown by leaps and bounds in recent years, fuelling the country’s economy in the process. The growth is solidly based on the ever-increasing popularity of its online casinos. The industry is set for further, turbo-charged growth, as artificial intelligence (AI) is all set to transform the country’s online gambling industry.
In spite of the phenomenal growth in recent years, the gambling industry is plagued by some underlying issues. This is where AI technology is going to step in and resolve the issues. The technology could spark a revolution in the online gambling world, which will create a more sophisticated and appealing experience for all.
Although AI technology has grown quickly in recent years, the association between AI and the gambling industry is not a novel one. It started at least two decades back. One notable instance is when IBM created a computer called the Deep Blue computer, which defeated chess maestro and then world champion Garry Kasparov 3.5-2.5 in a six-match series. More recent developments have continued this trend: take, for instance, the use of AI in gambling in January 2017, when Carnegie Mellon’s Libratus AI won thousands of poker hands over many top-rated players.
Reporting the trends, Dailybusinessbuzz.ca summed up: “Offering a world of possibilities to the online gambling sector, AI has the potential to transform the Canadian casino industry, making it a safer and more enjoyable place for each and every one of its players. Protecting against manipulation whilst at the same time allowing a more efficient and individual experience, this rapidly developing technology might just represent a true force for good in the ever-evolving world of internet gaming”
Source: European Gaming Media and Events