How Technology has Changed the Face of Gambling
By the end of 2017, the mobile gambling industry was said to be worth a whopping $100bn.
11:12 09 October 2019
This has kept on growing, and since the online gambling industry keeps on expanding, technology has played a pivotal role in the overall development of the betting industry.
Online gambling is the process of playing games online by placing bets or odds in the hope of winning. Gambling has been rising through the ranks in recent years since it boosts positive feelings as well as giving you an adrenaline rush. This, of course, is all based on taking a risk, an appeal that has been popular since its inception.
Despite undergoing numerous changes over the years, the emergence of technology has helped turn gambling into a popular pastime. From dice rolling to placing cards and betting shops with touch screen kiosks, it is, without a doubt, that technology has boosted the way people gamble.
How mobile casinos & apps are changing gambling
Without a doubt, one of the most contributing factors to online gambling is the technological advances in mobile technology. You can shop online, book a restaurant and even book a taxi from your smartphone if you want. There isn’t a business that does not have a digital footprint. The same goes for the online gambling industry.
Mobile gaming has risen from75% in 2023 to 84% between 2013 and 2015. Mobile gambling has in 2014 doubled.
Since betting on mobile devices and tablets has hit the $100bn, it also means that 164 million persons have used their smartphones to visit a mobile casino. They further placed bets or purchased lottery tickets. That is a rather impressive number.
Mobile gambling anytime, anywhere
The fact that persons can now gamble on the go from their smartphones and tablets, has changed dramatically the way gamblers gamble and play. Since websites and mobile apps are accessible, you can now gain access to online gambling 24.7. There are no restrictions based on time zones either, which means that players can play around their busy schedule.
Smartphones and interactivity
Many players crave the interaction they might get at a brick and mortar casino. It has also been taken care off. It is now easier than ever to chat with other players as well as croupiers. The best UK live casinos all have a chat function, where players can chat with others at the click of a button.
Since UK live casinos use live streaming, you can see the dealer spin the roulette wheel or dealing out cards; just as you would if you were at a land-based casino. This also applies to sports betting. If you are unable to watch live sports events, you can now live stream games straight from your smartphone or tablet. There has been a surge in online betting, due to its ease of accessibility.
Payment methods and online gambling
Although all big online casinos in the UK have decided to steer clear of cryptocurrency, some smaller casinos have made cryptocurrency deposits their main priority. They even use it as their USP. Some indeed online accept cryptocurrencies, since there are less legal restrictions, fewer fees and a lot more anonymity.
Blockchain technology is one of the most talked-about topics in recent years. When cryptocurrencies took off, Blockchain became a household name instantly. Everyone seems to jump on the bandwagon.
The online casino industry has been working steadily at comprehending the technology behind it and how it can be implemented to their platforms. Although some casinos accept Bitcoin and other cryptocurrencies as payments, many more are expected to add them in the not so distant future. Since cryptocurrencies are expected to stabilise in the future, more focus on Blockchain leading technology is expected soon.
Blockchain technology offers plenty of benefits, including top-notch security, instant transactions as well as ease of use. You can easily see why this technology could be easily applied to every aspect of casino games and online casinos.
It can further help software providers on cutting down on costs and enhance security for their game portals. It’s a win-win situation.