New ways to play at online casinos Australia
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With a population of around 24 million, Australia has one of the most developed gambling scenes in the world. Western Australia, New South Wales, Queensland, and South Australia are the most popular gambling regions in the country.
Gambling in Australia is legal, with most games and facilities available at every level of government. There is some under-the-counter gambling and a lively online sports gambling scene, but overall it’s a largely legal industry.
Gaming is a very big industry in Australia, with over AUD 39 billion (US$27 billion) worth of gambling activities in 2016. This is the highest amount of Fair Go real online casino Australia gambling revenue ever recorded in the country and the equivalent of almost three times the average gross domestic product.
Online and mobile gambling as today’s peak in AU
As of May 2017, there were an estimated 91,000 active players per day in Australia’s online casinos. This is a dramatic increase from the 56,000 active players per day in May 2016, and almost three times the total number of players in May 2015.
The growth in online gaming can be attributed to two factors: significant increases in smartphone ownership and growth in the number of high-speed Internet users. And while online gambling has clearly been a major hit in Australia, online poker is also booming in the country, with projections suggesting that the sport will be one of the fastest-growing games in the U.S. in the next two years.
New technologies in online casinos Australia
The rise of online casinos has created a demand for bespoke technological solutions to facilitate this ever-increasing activity. Many online casinos now operate on blockchain technology, making them virtually uncrackable and providing a level of security that is practically impenetrable.
Newer technologies such as Artificial Intelligence (AI) have been used to automate a number of tasks previously handled by highly skilled personnel. In certain instances, AI-enhanced algorithms have been used to replace human beings entirely, reducing the number of staff needed to manage operations by up to two-thirds.
AI
Artificial Intelligence (AI) is a branch of computer science that deals with the design and implementation of algorithms that can learn from data and make decisions based on observed data instead of being programmed to do so.
Sometimes AI is described as “artificial general intelligence,” as it is an approach to the “art” of artificial intelligence. The ability of AI to “learn” from experience and make informed decisions has been the subject of much excitement and promise in the field of gambling. In order for AI to be useful in the casino industry, it will need access to large amounts of data with which to make decisions.
This data could be anything from the way that a player interacts with a casino floor to the patterns that emerge in tournaments and comps. AI can only make sense of data if it has access to large amounts of data. This means that, ideally, players should be offered incentives to provide this data—for example, by offering cashback on top of progressive jackpots.
Crypto
Crypto is a form of encryption that uses mathematics and computer algorithms to disguise the underlying data. Although the term “crypto” can often be used synonymously with “AI,” the two fields have different goals. AI aims to “read” data, while crypto represents a “write” decision. AI has a long history in the financial industry and is often used as a term to describe pattern-recognition technologies that can identify patterns in financial data and make “good” decisions based on that data. In the gaming realm, crypto can take several forms. One approach is to use blockchain technology to “read” player data but to “write” decisions that are immune to tampering.
VR and AR
Virtual reality (VR) and augmented reality (AR) are technologies that allow you to “see” data that is not available to the naked eye. VR solves the “seeing is believing” problem that has always held back the acceptance of new technologies in the gaming industry—that is, you can’t see the pistons in a steam engine machine because you can’t see them behind the engine.
With VR and AR, however, you can actually see the pistons, so to speak, as they rotate behind the engine to power the machine. Racing and gambling VR has been around for a while, with high-quality headsets available for Las Vegas casinos and horse racing tracks. AR, on the other hand, is still in its infancy, with most AR systems being low-res, head-mounted displays (HMDs).
While both technologies have had some success in certain contexts, it’s important to note that AR has not been given the same level of consideration as VR in the realm of gambling.
Conclusions
After a decade of relatively stable expansion, the growth in gambling in Australia has accelerated in the year ahead. This is set to continue with the roll-out of new technologies in the gambling industry. New ways to play at online casinos in Australia will be explored in this article, including AI, crypto, VR, and AR. The way that these technologies are implemented in online casinos will determine how successful they are in Australia.
