United States - The gambling industry is a multi-billion-dollar industry. There is no question about that. And one of the biggest contributors to this industry is casino gambling. In the United States alone, there are millions of people who play the slots, test their luck at the roulette tables, and try their hand at poker every single day. There are millions more who spend their money at gambling institutions all over the world on a daily basis.
In recent years, we have seen the growth of another aspect of casino gaming. From the old brick-and-mortar gambling places of Las Vegas and other popular destinations, the casino industry expanded their operations to conquer the online world. There are now several online casinos offering practically all of the same games being offered in physical locations. And just like the physical casinos, the online casino industry has quickly grown into a billion-dollar industry.
The growth of the online gaming market is such that industry experts are forecasting that by the year 2024, it would most likely be worth as much as $94.4 billion. Industry experts are also predicting that within the next few years, more countries will start legalizing online gambling, which will boost the industry even more. But what has really been the catalyst for this amazing growth of online gaming is technology. The latest technological advancements have definitely impacted the industry in various ways.
Mobile Casino Gaming
Mobile apps have come a long way since they were first developed. Almost every business in various parts of the world now have a mobile version, and online casinos are no exception. Most of the games being offered in online casinos are now designed to be playable on both desktop and mobile devices. This kind of accessibility is very attractive to gamers, as it gives them the freedom to play whenever and wherever they choose.
Technology has also advanced so much that there are now apps that allow you to participate in casino games that are live-streamed from actual land-based casinos. Players can now interact with other casino players from all over the world with the help of this technology. This gives the term “accessibility” a whole new meaning for those who have a fondness for the casino experience.
Virtual Reality Gaming
Movies and TV shows have portrayed the concept of virtual reality (VR) for more than a decade. But it was only in recent years that this concept has actually started being experienced in real life. Today, VR is already part of a few puzzle games and FPS shooter games. Industry experts predict that it won’t be long before VR becomes a key aspect in the online casino gaming experience.
Aside from virtual reality, there is also a new technology known as Augmented Reality (AR). This technology takes things a bit further than VR, because it not only gives someone the illusion of reality, but it also influences an individual’s sensory inputs. It may take a few more years before AR becomes mainstream, but there’s no doubt that when it does, it will also provide a huge boost to the online casino industry.
Technology does have an impact on almost every aspect of our lives, but that impact is a lot more evident in industries such as online casinos. And the predictions about the industry’s growth may well come true, or the industry may surprise us all and grow even more than expected.