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What Technology Will Have an Impact on Online Casinos in 2022
Despite the fact that it’s nearly time for Christmas, there are a few technological advancements on their way to revolutionise the online gambling industry and alter how we play games in 2022. It follows that, throughout at least the previous decade, there has been an increase in the number of innovative technologies introduced annually. Keep reading to learn more about the technologies that will have the most impact on internet casinos in 2022 if you’re a geek.
If you work in the online casino business on a daily basis, are a tech enthusiast, or simply want to stay ahead of the curve, keep reading to discover which technologies will have the greatest influence in 2022 if you’re a geek.
AI Artificial intelligence
Artificial intelligence has lately gotten a lot of attention. It might be time-consuming to create, but it’s now in the form of smart assistants, self-driving vehicles, social media feeds video games and internet casinos. An analysis by casino USA predicts that artificial intelligence technologies will become more widespread in 2022.
With so many applications now only possible as a result of artificial intelligence, it’s easy to overlook it, but it’ll be in 2022 when cutting-edge technology will be more readily accepted. This is due to the fact that it has already demonstrated the capacity to assist us to improve our lives by streamlining routine activities and automating manual chores at home and at work using a variety of approaches.
Working styles that are both conventional and innovative
Hybrid working habits debuted in 2020, forcing the online gambling industry and society as a whole to adapt to a new way of life and work. It may have been welcome music for employees weary of their normal 9-to-5 job with an exhausting commute, but it also prompted several long-term modifications when it came to how technology and internet casinos coexist. Hybrid working methods will continue to spread throughout the world in 2022 as traditional office arrangements give way to them and influence a wider range of industries and sectors.
Cloud computing rapidly became apparent as an outstanding technique for providing continual access to essential papers and documents, data storage, performance monitoring, and monitoring without requiring human interaction. Hybrid work methods will increase in popularity in 2022 as conventional workplace facilities are replaced them, affecting a broader range of industries and sectors across the globe.
5G
The fifth generation of wireless networks, also known as 5G, is the newest and most advanced mobile network available. 5G is not only much faster than 4G but also has extremely low latency rates, making it ideal for activities that require real-time response times such as online gaming or live streaming. 5G will have a profound impact on many different aspects of our lives in 2022, including online casinos. As more and more people gain access to 5G networks, we can expect to see an influx of new players trying their luck at online gambling for the first time. In addition, existing players will be able to enjoy a smoother and more immersive gaming experience thanks to the increased bandwidth and lower latency offered by 5G.
Virtual Reality
Virtual reality (VR) is a method of simulating presence in another place. Virtual reality has been around for some time, but it gained popularity following the release of low-cost VR headsets such as the Oculus Rift and HTC Vive. Despite the fact that virtual reality is still in its early stages, it has a lot of promise for the future of online gambling. Virtual reality has a lot of potential for the future, and we can anticipate seeing more casinos providing VR games and experiences in 2022 as they try to stay ahead of the competition and attract new clients.
CEO of Expanse Studios
Expanse Studios (GMGI) Enters the U.S. Sweepstakes Market
North American Expansion Kicks Off Through Strategic Partnership with Moozi
Golden Matrix Group’s game development division, Expanse Studios, has officially entered the U.S. sweepstakes market, marking a significant milestone in its North American growth strategy. This move is powered by a strategic content partnership with Moozi, one of the most dynamic sweepstakes social casino platforms in the region.
With Moozi now featuring over 50 of Expanse Studios’ top-performing games—including immersive slots, crash games, and table games—this partnership positions GMGI to capture a share of the $5.6 billion U.S. sweepstakes market, projected to more than double to $11 billion by 2025 (Eilers).
Damjan Stamenkovic, CEO of Expanse Studios, commented:
“This partnership signifies our formal entry into the U.S. market, showcasing the innovation and player-first experiences that define Expanse Studios. Collaborating with Moozi enables us to deliver advanced gaming content to a growing audience in North America, a key region for our global growth.”
James Anderson, Moozi’s CCO, added:
“Expanse Studios has set a high bar for engaging and innovative gaming experiences. Their addition to our platform elevates Moozi’s offerings and strengthens our mission to lead the U.S. sweepstakes social casino space.”
This launch underscores Expanse Studios’ commitment to innovation and its long-term growth trajectory in regulated markets. By entering the North American sweepstakes market, Expanse Studios takes a bold step in expanding its footprint while delivering cutting-edge gaming experiences.
Latest News
GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline
GamCare’s National Gambling Helpline received a record 55,228 calls and online chats from people experiencing gambling harm in 2023-24 – a 25% increase from the previous year – according to the charity’s Annual Report.
In a year marked by uncertainty over the future shape and structure of the gambling harms treatment sector following the previous government’s white paper on gambling reform, the charity continued to prioritise those at-risk of, or currently experiencing, gambling harm.
Of all calls and online chats that were responded to on GamCare’s Helpline in 2023/24, 41,070 (74%) were classed as supportive interventions. This includes supporting people with initial guidance and advice as well as delivering a seamless entry point into structured treatment services, with individuals completing treatment reporting a significant reduction in gambling-related distress and financial harm.
In March 2024, the Office for Health Improvement and Disparities published an assessment of the gambling treatment system, highlighting that 57% of individuals engaging in treatment were referred by the National Gambling Helpline. This underscores the Helpline’s critical role in connecting people to the support they need. Over 9,100 free treatment sessions were delivered in the year to April 2024, with an average of just 2.1 days’ wait from point of referral.
GamCare’s targeted programmes aimed at young people, women, and the criminal justice system provided training on how to spot the signs of harms and where to signpost into support for 10,344 professionals, and education for 53,324 young people, children and parents. The Women’s Programme, in partnership with organisations such as Refuge, trained 3,813 professionals to recognise and address gambling-related harm among women.
Margot Daly, Executive Chair of GamCare’s Board, says: “Throughout a challenging year and with heightened demand for our services, GamCare’s staff have got on with the job of preventing harm where possible and treating harm where necessary. While we expect important changes in the gambling harms landscape, we have been determined not to let this uncertainty affect our relentless focus on the people who really matter – those at-risk of or currently experiencing gambling harms.
“I would like to thank and pay tribute to our frontline staff who provide 24/7 support for all those at risk or in distress. I also want to thank GamCare’s senior executive team who have steered GamCare through a period of sustained change, and to my fellow trustees for their guidance, unwavering support and the time each has dedicated to ensuring that the charity stays on course and on mission.
“As we look ahead to how the future of the gambling harms sector is shaped, we are committed to working proactively with the NHS and other partners and commissioners to ensure that people are continually able to receive the right support at the right time.”
The post GamCare releases Annual Report following record breaking year of support on the National Gambling Helpline appeared first on European Gaming Industry News.
Latest News
Kambi Group plc repurchase of shares during 18 December – 23 December 2024
Kambi Group plc (“Kambi”) has during the period 18 December to 23 December 2024 (the “Buyback Period”) repurchased a total of 40,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).
The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.
During the Buyback Period, Kambi repurchased a total of 40,000 ordinary B shares at a volume-weighted average price of 99.13 SEK. From the beginning of the Programme, which started on 6 November, until and including 23 December 2024, Kambi has repurchased a total of 344,000 ordinary B shares at a volume-weighted average price of 104.94 SEK per share.
During the Buyback Period, Kambi has repurchased shares as follows:
Date | Aggregated daily volume (number of ordinary B shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
18 December 2024 | 10,000 | 100.00 | 999,967 |
19 December 2024 | 10,000 | 99.39 | 993,929 |
20 December 2024 | 10,000 | 98.86 | 988,588 |
23 December 2024 | 10,000 | 98.26 | 982,562 |
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 23 December 2024, Kambi’s holding of its own shares amounted to 344,000 and the total number of issued shares in Kambi is 29,903,619 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.
A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.
Information on the Programme is available on Kambi’s website, https://www.kambi.com/investors/share-information/
The post Kambi Group plc repurchase of shares during 18 December – 23 December 2024 appeared first on European Gaming Industry News.
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