"XR technologies and metaverse represent the same opportunity for the casino industry as the Internet did in its time"

Author: Live Casino Direct
 
"XR technologies and metaverse represent the same opportunity for the casino industry as the Internet did in its time"
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XR Casino has completed the MVP versions of its initial games, Blackjack, Roulette, and Slot Machine in AR, MR, or VR. The beta version of the games is already available for iOS and Android. XR is on track to launch its social casino games in a free-to-play format and NFT store in Q2, 2022.

NFT will be used to personalize game avatars and game assets. NFT's games are immersive and fun to play. N FT's beta test games for smartphones are in augmented reality.

XR Casino's initial games will be available starting August 21st. They will develop other games and value-added services once they complete their equity capital raise. They have advanced in the development of their Fantasy Football XR Game.

Our goal is to provide XR casino and sports betting gaming solutions to both iGaming and land-based casino operators. These solutions will include Games-as-a-Service, Xr Game development, and Software- as- a-service.

"XR technologies and metaverse represent the same opportunity for the casino industry as the Internet did in its time". The company's specific markets of focus are Asia, North America and Europe.

BOTS has announced they will be launching a Las Vegas-themed Metaverse. BOTS is the first corporate investor of VR and AR technology.

The company has different business models for its B2C and B 2B segments. B&C segment generates revenues from monthly subscription fees, advertising sales, in-game play money sales and sales of NFTs to personalize avatars and game assets. The B-2-B segment will generate revenues for licensing fees and development fees.

BOTS started pre-orders to accelerate the development of its Metaverse. BOTS acquired the domain VEGAS.MV for this project, which it said it would launch in two weeks. The project is in development and Bots' initial contributions will be a Virtual Reality casino and virtual casino games.

Fast Offshore is working on a virtual reality platform that will allow users to gamble while exploring. The kit needed to access the metaverse is expensive, but costs are likely to reduce as demand increases. Fast Off offshore is at the forefront of bridging the gap between the technology that most people hold in their hands today (Augmented Reality capable smartphones) and the Metaverse (Virtual Reality).

The metaverse represents a tremendous opportunity for the gambling industry. It will be similar to the first 5 years of online gambling revenues adjusted for inflation in 5 to 10 years. Live dealer games and streaming will become a complement to augmented reality and virtual reality.

Unikrn co-founder Rahul Sood believes that traditional operators are unprepared for the paradigm shift in gaming. He attended G2E in Vegas and SiGMA conference in Malta. He thinks that as immersive technology games and market size continues to grow, traditional iGaming and land-based operators will try to keep up with their competition and stay relevant with the newer generations of players.

"XR technologies and metaverse represent the same opportunity for the casino industry as the Internet did in its time". "This is where we see a tremendous opportunity. for our B2B business model. We already have XR games and can enable them to launch their branded games very quickly".

Less than 25 years ago online gambling did not exist. Now it's a multi-billion dollar market. The launch of the internet and online casinos captured a new generation of players and increased revenues. In his opinion, XR technologies and the metaverse represent the same opportunity for the casino industry as the Internet did in its time.

XR products can incorporate Artificial Intelligence applications to improve the player experience and increase retention. XR Casino will be incorporating AI technology such as RPA, NLP and ML as a value-added-service in its SaaS model for B2B clients.

XR technologies and metaverse represent the same opportunity for the casino industry as the Internet did in its time. Current regulations for iGaming industry support the growth of XR gaming options both in the US and internationally.

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