How 5G Internet Will Impact Online Gambling
The advent of 5G internet will enable huge innovations in a wide range of different online arenas.
14:16 26 March 2020
Online shopping, online entertainment (particularly live streaming TV and movies) and mobile technologies will all be revolutionised. But no industry is preparing for a boost thanks to 5G internet quite like the online casino and online gambling industries.
Here we assess why online gambling will benefit from 5G internet has well as how the industry is already preparing for the new network:
Faster Online Gambling Than Ever Before
For online gaming to attract and then keep the attention of its user, it has to be fast. Slow running or loading speeds is one of the main reasons for an online gambling fan to jump ship from one online casino to another. Generally, sites that run the fastest appear top in the list of best online casinos. Data transfer at 5G’s average speed of between 1GB/sec and 50GB/sec (eclipsing that of most 4G networks) is more likely to keep customers on the site. And with their average customers utilising higher speed internet, gaming companies will be more able to install console-style graphics and deliver a high level of casino-quality gaming on the go.
Service levels will be more consistent, and that in turn will increase brand reputation, what’s more brands will be in a better position to offer video slots and live versions of poker and roulette. No matter where they’re playing, online gambling fans will experience a much better gambling experience.
Mobile Boost, Mobile Gambling
It is widely accepted that the advent of 5G is largely for the benefit of mobile devices, and forecasters have suggested this will push internet users to their phone more than ever. This will, in turn force online casino companies to focus on and develop their mobile sites much more robustly than their desktop offerings. For example, land-based casinos may well use the arrival of 5G as an incentive to add an online gaming option to their existing offering. Immersive online casino experiences will be the norm, rather than the gold standard (as they currently are). The development of mobile online casino has already come further in 2019 than in any previous years: in terms of quality graphics, download speeds and experience, online gamblers are enjoying a better experience now than ever before. And progressive online casino companies are already planning to use 5G technology to expand this growth.
A Huge Opportunity
By 2021 it is estimated that the international online gambling industry will be worth an eye watering $525 billion and new players are turning to online casinos all the time. So, regardless of your private feelings about the benefits or otherwise of online gambling, it is important to understand how this big business will impact on the development of new technologies.
The challenges of 5G are unchartered territories for all sorts of business verticals, but the online casino industry in particular seems to be robustly preparing for its arrival and ready to reap the financial rewards of the faster internet that it brings.