Let’s discover, in this dedicated article, the world of iGaming with all the innovations associated with the technological evolution in this sector
In 2020, the iGaming sector reached an overall value of $64.13 billionwith growth that will, according to forecasts, reach i $125 billion in 2025. Thanks to the boost of cutting-edge technologies and rich bonuses, sports betting in Switzerland and other countries continues to evolve. This is one of the factors that have contributed to this boom, in addition to the clarity of the regulations, the interest of many operators in enriching the offer and the arrival of millions of users.
iGaming technology has grown in an unpredictable way until a few decades ago. In the lasts 10 years it has reached such a point that it can be accessed anywhere in the world. Today, it is in fact sufficient to have a smartphone and an internet connection to start playing and betting safely. In this article we will see together the technological innovations that have had the strongest impact. We will also try to take a look at the future, trying to imagine the main innovations in the years to come, such as:
- Artificial intelligence
- Payment methods
- Compatibility on mobile devices
- Virtual and augmented reality
The iGaming industry uses artificial intelligence to deliver a more immersive and transparent gaming experience to its tech-savvy users. In fact, the AI itself allows for a more precise profiling of the different players. Thus, it is possible to personalize the proposal and develop new games capable of satisfying their curiosity.
Today, thanks to Artificial Intelligence, preferences are monitored when a user visits a betting site. Thus, ad hoc bonuses and tailor-made services can also be created, almost in a sartorial way. All in an economic and efficient way, without having to deploy an enormous amount of human resources.
Technological advances have also influenced the methods of payment. The iGaming industry has become so more welcoming and practical to be used for a larger number of users. External third-party payment systems have eliminated any interoperability issues between iGaming platforms and individual user payment providers. In the future, we shouldn’t be surprised if the world’s leading bookmakers will also open up to modern payment methods.
Let’s talk about cryptocurrencies such as Bitcoin and Ethereum, already available on most advanced bookmaker. With tools of this type, the protection of user privacy is maximum. You will no longer need to share personal and sensitive information. With everything that follows from the side of security and protection against digital fraud.
Compatibility on mobile devices
Mobile technology has had a significant influence on the world of iGaming in recent years. The increase of bookmakers and online casinos that offer app per smartphone e tablet clearly demonstrates this. Today, more and more users prefer to use mobile-optimized applications or website versions. This is because, in any moment of waiting, for example while waiting for the bus or a taxi, it is possible to play and have fun.
Recreation has a powerful ability to stimulate the mind and reduce the negative effects of stress. Such convenience has made the mobile world an essential part of the iGaming gaming experience. Regardless of where we are, we can connect to a site and select the title we prefer to start playing.
Virtual reality (VR) and augmented reality (AR) represent the more interesting innovations for online gaming. It is worth distinguishing the two concepts, especially for those hearing them for the first time. VR creates an environment through graphical computation. The goal is to simulate a real gaming experience. AR, on the other hand, superimposes virtual images on the real world in which the user is.
These technologies can make the breakthrough, immersing users in virtual casinos that look real. Or make, for example, a slot machine or the streaming vision of a football match we have bet on more engaging and immersive.
We took a look at the present and the future, to see the most exciting innovations in the iGaming industry. The pace of evolution seems ever faster in this digital age. We can’t wait to find out what the future holds! For more news and updates, keep tuning in to the TechGameWorld.com pages.