iGaming Industry
The Top 5 Technological Advancements in the Gambling Industry
There are but only a handful of industries left that didn’t need to adopt technology and Internet, yet. In fact, you would need to think really hard to come up with the names of just 3. However, the Gambling industry clearly saw the benefits of using technology and the impact is clearly visible!
The following are the top 5 technological advancements that have taken the gambling industry to a whole new level:
1, Online Casinos
The Internet is flooded with a slew of gambling platforms that offer all your classic games such as blackjack, poker, slots, what have you. However, there is also no dearth of modern and themed-games that are more suited to the millennials. These include slots based on popular movies like Star Wars, Spiderman, etc.
Today, you can play all your favorite casino games on your laptops, tablets, and even smartphones. So, essentially, you can be anywhere in this world, as long as you have network connectivity nothing can stop you from gambling and having a great time.
Fun Trivia: According to Statista, online gambling market was worth $45.86 billion in 2016, and it’s projected to hit 56.05 billion by 2018 itself.
2, RFID Chips
In a bid to check fake casino chips and thefts, many top casinos have now started using RFID chips. While on the surface, these chips may look like any standard casino chip, inside they have microchips that emit radio frequencies that are recognized by compatible hardware installed at the casino tables. However, they are placed in a way that they are not in plain view so as to avoid drawing attention.
To give an example how big of a change the RFID technology has made in the industry, when a man robbed the Bellagio casino of $1.5 million worth of chips a few years back, they simply turned off the transmitters and made the chips useless.
3, Virtual Reality
No one saw it coming, but virtual reality (VR) turned out to be a game-changer in the gambling industry. Although the technology itself is yet to mature and the total number of VR casino games are limited today, the trend continues and is expected to boom soon.
There are several VR casino games such as poker that you can play with your Oculus Rift, or Slot Millions, which doesn’t even need any VR hardware and offers great casino space with plenty of fun games.
4, Biometric Face Recognition
We all know that most casinos use security cameras to keep an eye on any “fishy” business that may take place on the premises. However, for a long time, this was done in a manual manner by security personnel who would man the digital cameras to keep an eye on the “suspicious guests”.
However, this is now taken to the next level with biometric face recognition (BFR) technology.
Advanced BFR systems can now analyze the face of every guest that steps into a casino and compare it with the database to check if they had a history of unwanted behavior. If they do, the systems immediately alert the security.
5, Bitcoin Gambling
Bitcoin is the most popular cryptocurrency in the world which has now led to the rise of several bitcoin gambling platforms. One of the reasons why it’s loved by so many online gamblers is that it’s simple to use and widely accepted. However, the biggest reason, perhaps, has to do with the kind of anonymity it provides.
Since Bitcoin is not regulated by any central bank or government organization, no one can trace a gambler’s identity if they are using bitcoins.
Technology is continuing to improve the online gambling proposition- there are no two ways about it. In fact, we can certainly expect even more futuristic gambling environments in the near future!
…
The post The Top 5 Technological Advancements in the Gambling Industry appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Source: EEGaming.
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
SoftGamings, the market leader in iGaming solutions and services, announced the arrival of the Tobique Gaming License on the market. The move reflects the company’s commitment to enhancing regulatory compliance and expanding its footprint in the competitive iGaming industry.
Tobique Gaming, managed by the Tobique First Nation in western New Brunswick, Canada, oversees the issuance of online gambling licenses through the Tobique Gaming Commission (TGC) — a regulatory body established under the Tobique Gaming Act of 2023. This initiative is known for its stringent standards and emphasis on responsible gaming. Furthermore, it promotes economic development within the Tobique First Nation community.
The Tobique Gaming license provides operators an entry point into the online gaming and gambling industries. With it, businesses and iGaming operators can conduct operations in various global regions and offer multiple services, from betting to casino games and lottery promotions. The best of all is the streamlined application process, which lasts only 4 to 6 weeks.
SoftGamings is fully prepared to support clients and those interested in obtaining this license. Leveraging its innovative technology and diverse game portfolio, SoftGamings is ready to support clients in navigating the application process and leveraging the benefits of the Tobique Gaming License. The company’s comprehensive services include game development, casino management systems, and payment integrations, making SoftGamings a preferred partner for numerous operators and developers worldwide.
Consequently, helping the clients obtain the Tobique Gaming license and being an entry point represents a significant milestone in SoftGamings’ ongoing efforts to refine its service offerings, maintain the highest standards of gaming integrity, and bolster its regulatory standing. As the company moves forward with this licensing process, it anticipates a positive impact on its operations and continued success in delivering exceptional gaming solutions to its global clientele.
Week 46/2024 slot games releases
AGREEMENT BETWEEN ZITRO AND GRUPO OSGA TO PROMOTE THE LABOT INTEGRATION OF PEOPLE WITH DISABILITIES
EGT Digital’s iGaming platform X-Nave and successful titles to deliver high-quality experience to BetHub’s customers
Bragg Gaming Group Announces Record Third Quarter 2024 Revenue of Eur 26.2 Million (USD 29.3 Million)
BetMGM and Vegas Golden Knights Announce Multi-Year Partnership Extension
Evoplay enters Czech market with exclusive Fortuna collaboration
Spinomenal celebrates Halloween with Book of the Cursed release
QiH Group completes C-suite hiring spree with new CFO appointment
Peter & Sons- Maths and Mechanics
MGM Resorts Teams with USO and American Airlines for 14th Annual Salute to the Troops at Mandalay Bay
-
gaming2 years agoODIN by 4Players: Immersive, state-of-the-art in-game audio launches into the next generation of gaming
-
EEG iGaming Directory8 years ago
iSoftBet continues to grow with new release Forest Mania
-
News7 years ago
Softbroke collaborates with Asia Live Tech for the expansion of the service line in the igaming market
-
News6 years ago
Super Bowl LIII: NFL Fans Can Bet on the #1 Sportsbook Review Site Betting-Super-Bowl.com, Providing Free Unbiased and Trusted News, Picks and Predictions
-
iGaming Industry7 years ago
Rick Meitzler appointed to the Indian Gaming Magazine Advisory Board for 2018
-
News6 years ago
REVEALED: Top eSports players set to earn $3.2 million in 2019
-
iGaming Industry7 years ago
French Senator raises Loot Boxes to France’s Gambling Regulator
-
News7 years ago
Exclusive Interview with Miklos Handa (Founder of the email marketing solutions, “MailMike.net”), speaker at Vienna International Gaming Expo 2018
