Seven ways technology will power the casino industry in 2022
How will technologies like cryptocurrencies and virtual reality gaming power the casino industry in 2022? Get more insights in our guide.
The global gambling market will grow at a steady rate of 5.9% through 2022 to reach $564.5 billion in value. The penetration of online digital technologies enables the iGambling industry to spread its customer base.
Seven ways technology will power the casino industry in 2022.
Online casinos are using crypto-payment processors to make payments. The best part about using cryptos is that you don't have to give up any personal details. Unlike other online casino banking methods, iCasinos usually have no deposit limits when you are depositing using cryptocurrency.
Virtual reality and augmented reality are being used to create new types of online casinos. They use VR and AR tools such as headsets, joysticks and wearables. They are already used in the industry by Oculus Rift, Samsung Gear VR, Sony PlayStation VR.
Cloud providers are fast becoming the new game console. More online casinos are adopting a cloud-based approach to delivering their gambling products and services. Cloud- based online casino gaming platforms reduce the time it takes for you to launch and play games.
5G internet speeds are a significant growth from the predecessor 4G. The latency on 5G is considerably lower at a speed of sub-10 milliseconds. Online casino sites can now be checked for seamless gameplay and premium graphics.
There's a huge demand for live casino games. Online casinos today have the capacity to stream multiple live casinos simultaneously. Live casino technology gives you the unique opportunity to stake your money on different live dealer games from virtually anywhere on the globe.
GTT allows online casinos to restrict access to gaming services by players outside of the casinos’ operational jurisdiction. Virtual private networks and cryptocurrency banking options can also be used to hide your location and gain access.
Gambling operators install secure socket layer (SSL) online security cautions to protect data and transaction information.
Online casinos need to be protected from cyber attacks. Technology is here to stay and will change the way you access and play online casino games.