Technology has transformed almost every sector across the globe, and the casino industry is no exception to it. With the rapid growth of the internet and the advent of modern portable devices, casino games are more accessible than ever before. Keep reading to know how technology has changed the casino industry.
Timeline of the casino industry
Back in 1790, Hardy Ogden was the first person who managed to make a profit from book making activity. He was operating at the Newmarket racecourse and provided laying odds on every horse after studying the field.
Until 1961 betting was confined to the racetrack due to law. All of this changed in May 1961 when betting shops were finally legalized. At that time, the technology was nearly not existent and odds were transmitted through a wire service.
Around 1986, the technology in betting stores improved and the gambling laws also changed.
In 1988 the internet started to storm the industry with gambling companies that began to realize the immense opportunities that this new technology had to offer.
The advent of mobile gambling contributed to the growth of the casino industry, and the global online gambling industry was valued at $53.7 billion in 2019.
The online experience
The casino industry has shifted much of the focus to the online platform, which is quite a big achievement. With the advancement in technology, online casinos have seen massive improvements. Today, online casino games like Slots, Blackjack, and Teen Patti boast improved graphics and offer highly engaging gaming experience. Also, novice players can learn Teen Patti rules and take advantage of other online resources to improve their odds of winning.
What’s more, casino gaming is not limited to websites alone. With the majority of people now owning a smartphone, all that is needed is a good internet connection, and several casino games can be played anywhere, anytime.
AR/VR casino gaming
Over the same period, technologies like Augmented Reality (AR) and Virtual Reality (VR) have grown immensely. These technologies that are used to create artificial worlds provide casino game developers with great opportunities in achieving the effect of presence for players.
AR and VR guarantee complete immersion in the gameplay. In fact, players can visit a casino, play their favourite casino games from the comfort of their home, but experience a reality of what is happening.
It’s no secret that Artificial Intelligence (AI) is casting waves of disruption through a variety of sectors, and over the last few years, it has shown a lot of potential in the casino industry.
Many casinos collect player data and use it to offer personalized gaming experience and special offers. Data is an invaluable resource in the casino industry, so many operators are investing in specialized AI to analyze information and playing habits.
Through AI, chatbots are employed by casinos to respond to customer care concerns. In the coming years, chatbots will have access to player data, which means they’ll be able to give more personalized answers.