Independent Casino Technologies Changing The Market
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The first standalone online gambling site was developed in 1994 by Microgaming. Since then, the online gaming industry has generated over 2 trillion US dollars. Live casinos, AR, VR and mobile technology are constantly developing. Cyber security and GPS tracking technology play a vital role in the iGaming industry’s growth.
Virtual Reality is the most happening technology used in the iGaming industry. Augmented Reality has more demand than VR. According to one estimate, extended reality technologies could boost the global online gambling market significantly. It could generate 125 billion US dollars per year by 2027 and 127 billion by 2028. Social Club VR by Perilous Orbit, Poker Star VR, Blackjack Bailey VR and Hologram Softwares LTD are some of the VR casino games available in different markets.
Independent Casino Technologies is changing the market with mobile technology. Playtech was one of the first mobile-based gambling software launched in 2005. Today, all the major casinos offer mobile applications and use software that runs seamlessly on mobile.
Live casinos provide a setup for a player to experience a real casino ambience without visiting a casino. Players get a chance to gamble with real users logged in from around the world and deal with a live dealer in areal-time game.
Data modelling is a software engineering technique that analyses the data and its relationship with others. Data mining and predictive analytics are used to design models that improve the players’ game experience.
GTT or geolocation tracking technology allows casinos to block access to players outside the defined borders. Cyber security takes up a significant portion of the casino budget. The casinos collaborate with payment methods that use a well-encrypted payment gateway system. The payment method is used to avoid any “middle-man” sniffing attacks.
Online gambling is an ever-growing industry. The latest technologies like AR, VR and live casinos make it exciting.
