Gambling Industry – The future that is ahead

The fact that gambling is a highly competitive industry means that there is an enormous amount of money to be made within it. This is one reason why a lot of tech-related features are such a promising investment for the entire gambling industry.

From augmented reality and virtual reality that can allow yourself to be inside a world full of ones and zeroes, to a more flexible and more accessible form of betting. This allows you to have the future in your pocket and not just a present.

There are lots of ongoing innovations coming from every corner of the planet. With our current technology and what the industry has managed to accomplish over the recent years, all points to a positive and bright future.

While it’s completely hard to say for sure, imagine if you were to walk into a virtual replica of a Las Vegas casino from the comfort of your home.

You’d be able to sit down at one of the gambling tables for casino games, hear the subtle hustle and bustle of people, and even the taunts and jokesters that are a part of the whole gambling experience. The future of gambling is indeed something that we can all look forward to.

The next time you find yourself sitting in front of the computer, you can rest assured that online gambling is not going anywhere for the next few years ahead. There are lots of hints pointing towards an exciting future.

VR and AR technology

It’s safe to say that everyone knows about augmented reality, or the augmented real-world technology, which is utilized by tech giants like Google, Apple, Microsoft, and others. One thing many people don’t know about AR and VR however is that the two can actually work together for the greater good.

The main argument against this is simply a matter of money. By utilizing these technologies with existing casino games, virtual reality will be sure to appeal to more people. This can only mean good things for the future of gambling.

So, what can we expect in the future when you play at an online casino or poker room? By utilizing virtual reality headsets, the player is able to escape into a completely different world. They are placed inside of a game scenario complete with all the sounds and sights associated with that particular casino location.

However, although the augmented reality may pave the way for the future of gambling it may also have some drawbacks for the future. Perhaps the most obvious one is going to be the cost. Manufacturing the devices necessary for both AR and VR are still relatively expensive even to this day.

AR is somewhat affordable due to its integration with the majority of phones nowadays. This feature is already built-in in most phones and all that’s left to do is to develop gambling apps and the best casino games for it.

Creative background, online casino, smartphone with playing cards roulette and chips, black gold background. Internet gambling concept. Copy space. 3D illustration, 3D render

Smartphone Gambling Apps

Speaking of gaming apps, there seems to be a significant number of gambling apps becoming more mainstream.

While it is technically feasible at the moment to simply port in every single casino game on smartphones due to some restrictions of apps involving any form of gambling across application stores, there could be smart alternatives that would pave the way for a much more convenient betting on-the-go.

Gambling apps may allow both online and offline gaming. Admittedly, this feature is not something new, it is predicted that it will become more and more common. It only allows the one-time download and will ensure that only the best casino games can run smoother and quicker.

Cryptocurrency betting

A cryptocurrency is a new form of currency that has seen a surge of popularity for its secured cryptography which makes it next to impossible to counterfeit or exploit. This type of currency has provided many opportunities for a powerful and efficient way for businesses to make online transactions.

Many betting companies in particular have started embracing the technology even to this day. Each year there is a constant increase in cryptocurrency usage which makes this an absolute staple across many e-commerce markets.

The future is set to involve cryptocurrency across all forms of online betting. It is clear that this will create an impact, one that would benefit everyone.

The global effect of Coronavirus on the gambling industries

The 2020 global pandemic that is COVID-19 has left the world with such a great impact. Whether it’d be positive or the opposite, it is certainly a year that most of us will never forget. The betting industry in particular has been greatly affected, just like the rest of other forms of businesses.

The pros

With such a horrible state, who would have thought that the gambling industry has benefited from the coronavirus? You have read it correctly, it did! The pandemic has forced many gambling facilities to shut down and any gambling operations across land-based casinos are put to a halt.

Casino owners have started investing in the online space and they were forced to become more diverse and flexible with their gambling services. Alternatives needed to be created and this is probably why many online casinos have taken huge traffic because of all these left and right lockdowns.

In summary, there was an increase in the demand for online casino sites because of coronavirus.

The cons

The big elephant in the room is the risk of getting infected. This is why pretty much every single public place and establishment are all forced to close down, not only gambling facilities and brick and mortar casinos.

Sadly, smaller casinos have been significantly affected, to the point of almost filing for bankruptcy.

List of the best casinos worldwide

Let us take a trip and check the best of the best! Here are some of the best casinos you’ll find on the planet.

Marina Bay Sands

Marina Bay Sands sits in one of the world’s most luxurious places to gamble, Singapore. It is the second most expensive casino property costing over $5.5 billion to be built. It boasts multiple recreational spaces including hotels, theme parks, and of course, world-class casino facilities.

Resorts World Sentosa

Resorts World Sentosa is yet another popular tourist destination. It’s hard not to talk about Singapore casinos without ever mentioning RWS. Like the Marina Bay Sands, it also costs roughly $5 billion to make. It is considered one of the most luxurious hotel-casinos in the world.

The Venetian Macao

Also known as the “Monte Carlo of the Orient”, The Venetian Macao is the world’s largest casino on the planet. It is also the 6th largest structure on Earth inspired and modeled after the Venetian style resort located in Las Vegas, Nevada.

City of Dreams

Another popular casino, not only in Macao but also across the globe. With over 420,000 square feet of gaming floors, it is one of the most visited casinos because of its capacity and multiple recreational areas such as restaurants, water fountain shows, and more.

Caesars Palace

Caesars Palace is already a household name when it comes to casinos. It is a luxurious casino icon complete with grandiose hotel rooms and gigantic gaming facilities that sits at around 166,000 square feet. The main aesthetic of the hotel-casino is inspired by Ancient Rome.

MGM Grand Casino

MGM Grand Casino is also one of the largest hotel-casinos in the world with 171,500 square feet of gambling floors. The casino is conveniently located at the heart of Las Vegas with full access to the stadium, resort, hotel, and of course, its own casino.

Sun City Casino Resort

Sun City Casino Resort is south Africa’s pride when it comes to casinos. It opened in 1979 and it has become a popular spot for gamblers in the continent. The casino resort is unique for its safari-like game reserve.

Atlantis Resort & Casino

Atlantis Resort & Casino is the largest casino in the Caribbean with over a thousand slot machines and nearly a hundred gambling tables. It is located in Paradise Island in the Bahamas so you can expect a dramatic view of the mesmerizing and scenic turquoise sea.

Top online casinos worldwide

Moving over to the top online casino websites in the world, here are the best that we can find online. In no particular order, enjoy checking each of them as you please.

888 Casino

888 Casino is no stranger to many experienced bettors and gamblers. It rightly earned the reputation of being called the “top dog” online casino amongst its competition.

Jackpot City

Jackpot City stands as one of the most visited online casinos on the planet. As the name implies, Jackpot City is a place for all things casino, and high-paying jackpots!

Betway

Betway is yet another popular online casino website that is known to have dominated the gambling market ever since. Its logo is one of the most recognizable brands in the industry to date.

Solarbet

Solarbet is the best online casino in Singapore that is relatively new to the gambling market. It had built a reputation for itself for being a trusted source of entertainment across Asia, and around the world.

Mansion Casino

Mansion Casino is the UK’s best online casino website with a wide assortment of casino games and promos. The casino also offers one of the highest RTPs in the world.

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