Where the Online Casino Industry is Heading: Current Trends and the Future

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(Newswire.net — April 16, 2020) — The online casino industry has been around since the 1990s. It was in 1996 when the first online casino called InterCasino was launched. Since then, online casinos have continued to grow. The industry to improve to be able to cater to the needs of casino gamers worldwide.

Technology is what really helps improve the gaming quality of online gamblers worldwide. There are a few technological advancements that made online casino games like the ones on 24K Casino to be better in terms of graphics and overall quality.

It’s always exciting to know what’s next for the online casino industry but right now, here are the current trends that may be the future of online casino gaming. 

  • Augmented Reality

This is a technology that lets people experience an interactive real-world environment wherein objects that are not from the real world are combined with what’s real. Usually, this makes use of a camera that would help a person see the real world and virtual objects together.

An example of this is the AR objects that you can use as a filter on your phone. Android and Apple devices have these characters that you can include in your photos as you take them.

When it comes to games, Pokemon Go an example that uses AR technology. To interact with the game characters, players will need to visit real places or summon their Pokemons in from of them through their phones.

  • Virtual Reality

Virtual Reality is different from what augment reality. With VR tech, players get to experience a virtual world without actually going anywhere. The demand for VR games mainly started when Oculus Rift was released in 2016. Since then, other brands like HTC, Lenovo, and Google released their own VR devices.

Currently, this is quite a trend in the gaming industry and the casino industry is also adapting this. There are now US online casinos where players can experience walking around as if they are in an actual casino. Players can now enjoy slot machine games too as if they are in front of it. They just really need to wear a VR device to make this happen.

  • Live Casino Gaming

Right now, this is what many online gamblers are looking for. Live casino gaming is when players get to play table games like Poker, Blackjack, Baccarat, and Roulette with a real or live dealer. Playing live casino games can also let players interact with each other.

Playing in land casinos is a social experience and back then, this is something that online casinos can’t really give its players. However, with live casino games, playing online casino games has no become social and interactive.

  • In-Play Betting

In-play betting is something for the sports betting fanatics. In-play betting happens as soon as a game begins and before its conclusion. This means that odds are updated as the game commences and the players need to be able to place their wagers before the odds are gone.

This used to be impossible as in-play betting odds sometimes only last for at least two minutes. However, since technology has made real-time transactions possible, this too can now easily happen. This is likely to be a big thing for the betting industry in the near future. Currently, there are still places that don’t allow this.

  • Cryptocurrencies

The use of cryptocurrencies like Bitcoin, Ethereum, Litecoin, and many other more has become popular in the online casino setting. There are now many online casinos that accept cryptocurrency payments and there are even casinos that only offer their services to crypto-users.

The year 2017 was when Bitcoin peaked and it was also when many online casinos started to adapt the use of cryptos on their websites. It has been a while since the value of Bitcoin blew up that big but experts still see that its use Is the future of online transactions.

It is likely that many more online casinos will accept this as a form of payment in the future. We can also expect more Bitcoin casinos to continuously pop up as more and more people are beginning to use different cryptos. Paying goods, online or not, through cryptos is still not considered mainstream but it could happen a few years from now.

Bitcoin may be a digital currency that people see as unstable but since its existence, it generally grew. It may not have peaked for over two years now but there is still a chance that it would in the next few years. A Bitcoin right now is valued at over 6,600 US dollars.