6 Technology Trends That Will Transform the Gambling and Casino Industry

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The way we lead our lives has changed because of technology. It made things easier and somewhat safer, and it’s not going to stop anywhere at this point. 

Many innovations are popping up, and businesses are taking advantage of this to change things for the better. And one particular industry that didn’t lose its chance to leverage these technological trends in the gambling industry. 

Right now, six technological advancements can potentially change how the industry currently works. Here are those: 

1. Artificial Intelligence (AI)

Artificial Intelligence (AI) is a technology that is already openly explored to this day. We now have chatbots, automated tools, Alexa, Siri, Echo, etc. We now even have robots that respond like real human beings. 

Now, as it turns out, artificial intelligence is also used in online casinos, like bestplay8.com, in many different ways: 

  • Data analysis to increase sales
  • Rise of online casinos
  • Better customer service
  • Detecting gambling addiction
  • Protect players and casino operators

In other words, AI makes the gaming industry safer and fairer. This is because there is an accurate analysis of data going on, which prevents cheating. Plus, casino operators are also able to improve their services for the enjoyment of many. 

2. Augmented Reality (AR)

Augmented Reality allows you to bring the virtual world into the real world. Remember how Pokemon Go was so popular, and people walk by the streets to catch a pokemon that they only see on their phone? That’s augmented reality. 

Now, think about what would happen if this technology is also used by the gambling and casino industries. There is no need to visit a real casino to gamble. You can have a real-life gambling experience in your own home. You get to have live dealers and probably live opponents, too. 

However, this doesn’t seem to happen any time soon, especially that it would cause a lot of money to develop a technology as big as this. 

3. RFID And GPS

With everyone now using smartphones, it’s finally easier to connect everything. Two particular built-in applications found in phones are the Global Positioning System (GPS) and the Radio Frequency Identification System (RFID). Let’s take a good look at what these two are: 

  • GPS is a system of several satellites outside the Earth, and they constantly send signals to us here. Smartphones always come with GPS receivers which, as the name implies, receive those signals. After just a few calculations, GPS satellites can already read where you are. 
  • RFID uses radio waves to identify objects, collect data, and transfer the data to your computer. This system is often used to identify and track inventory and assets. 

Casinos leverage these two by making it easier for them to locate big-time players and offer them personalized services. At the same time, it helps players find the nearest casinos in their area. 

4. Facial Recognition

Facial recognition is another impressive technology that is currently put to good use by the gaming industry. The aim is to keep both traditional and online casinos safer by: 

  • Detecting underage gamblers
  • Preventing fraud
  • Preventing banned players from entering

This technology is almost always accurate, so there’s less chance that these people can sneak through. 

It’s also easier for them to detect high-gamblers and VIPs. 

5. IoT (Internet of Things)

As the name implies, the Internet of Things is a digital network of things connected to the internet. 

One best example is a smart home where lights, appliances, sounds, and even TV are connected to one device. And all you need is that one device to control everything. It’s almost like how we try to sync in our smart devices so we can control them through our phones even if we’re at a distance. 

It’s a convenient technology that has finally made its way to the gambling industry. 

How? 

IoT allows players to play together in an online setting while connecting them via the internet. And with the help of several online apps, you can make real-time bets and deposits while at home and watching your favorite book. 

In other words, the technology allows you to play with real people and have genuine transactions even if you’re online. 

6. Cryptocurrencies

Last but not least, some casinos already use cryptocurrencies. Cryptocurrencies are digital currencies that you can use to buy goods online. However, data is traced and comes with strong cryptography, making transactions more secure. 

How does this technology benefit the industry? 

By using cryptocurrencies, the players’ safety is ensured because privacy is high. Moreover, all transactions are recorded and have their security codes, making it harder for anyone to cheat or create problems. 

Everything also works automatically. If you happen to win, you receive funds immediately. And if you need to withdraw the payment as cash, you don’t even have to pay hefty transaction fees. 

Conclusion

It’s truly amazing what changes technology can bring. And it’s impressive how the gambling industry is putting these advancements into good use. This in hopes of serving their customers better. 

Besides providing convenience by taking the gambling-experience at home, they also ensure that players are protected. After all, that’s really what technology should be made for.