The iGaming industry is constantly on the cutting edge of new technology. In terms of technology, we are currently witnessing a shift toward virtual reality and augmented reality for an enhanced experience, as well as blockchain developments for increased security.
In the near future, we can expect to see more and more casinos incorporating these technologies. This will provide players with a more immersive gaming experience and allow them to interact with the games in novel ways.
iGaming Tech Development With Focus On 3 Main Areas
There are a few new technologies that the iGaming industry is looking to develop; Virtual Reality, Augmented Reality and Blockchain.
1. Virtual Reality and Augmented Reality Technology For Improved Player Experience
The iGaming industry is moving towards more use of VR and Augmented Reality. For example, VR roulette will be the next big thing in casinos. It gives players the feeling of being in a real casino, with all the sights and sounds. There is also potential for AR to be used in games such as poker, where players can see their opponents’ cards superimposed on top of the real world. This would give them a huge advantage over those playing without AR!
VR headsets are completely immersive, allowing players to feel like they’re really in the game. This is great for casino games, where players can spin the roulette wheel or deal cards at the blackjack table. AR is also being used more and more in iGaming. With AR, players can see real-world objects overlaid with digital information. For example, you could see an opponent’s poker hand superimposed over their head. This allows for a more interactive gameplay experience that is more engaging for the player.
Augmented Reality has a wide range of uses. The technology can be used for education and teaching, entertainment, marketing, gaming and even surgery. For example, it can be used in the medical field to train doctors before surgery by showing them the correct procedure without having to use costly equipment and expensive training rooms.
2. Blockchain for improved iGaming security
Blockchain is more than a safe casino wallet. By bringing transparency and trust to the industry, blockchain technology has the potential to revolutionize iGaming. The advantages of blockchain technology for iGaming can be classified into three categories:
First and foremost, blockchain technology can provide a much-needed layer of trust and security for players. By creating an immutable public ledger of all transactions, blockchain technology can help to prevent cheating and ensure the fairness of games.
Second, blockchain technology can help to reduce costs and save time for iGaming operators. By automating administrative tasks such as payments and contract execution, blockchain technology can streamline the back-end operations of casinos and other gaming sites.
And finally, through the use of smart contracts, blockchain technology can enable new types of interactions between players and operators that were not possible before. For example, players could use smart contracts to bet on the outcomes of games
3. Improved Analytics And More Robust iGaming Platforms For Operators
While the preceding areas are concerned with improving the player experience, improved platforms and analytic tools are intended to assist operators in adapting to rapidly changing markets. Gia Janashvili of Veli. Services told Todayville that operators today must be able to quickly and accurately identify what works and what doesn’t.
To adapt and capitalize in a changing gaming landscape, operators must have access to reliable and accurate data as well as more advanced analytics to meet the unique demands of their markets. This necessitates more robust gaming platforms that are built on a solid foundation of anti-fraud and data security solutions.
The iGaming industry is always innovating and incorporating new technologies. Only a few years ago, the industry was in its infancy when it came to developing mobile apps. Now, thanks to blockchain and better analytics, we’re seeing a trend toward virtual reality (VR) and augmented reality (AR) in a safer gambling environment.
Blockchain could help to eliminate fraudulent behaviour and ensure fair play by creating a publicly accessible ledger of all transactions. It can also reduce transaction processing time, making it easier for players to move money around and enjoy their favourite games when combined with better analytic data available to the operator.