In industry after industry, technology serves as the catalyst to keep moving things forward. The online casino industry falls into this category. It’s amazing to note this industry got its start just before the turn of the century. Through the past 20 years, technology has brought online gamblers to the brink of being able to gamble in a virtual environment without having to leave their houses. Furthermore, players are being given access to new banking options that are more efficient and offer a high level of anonymity.
Virtual Gambling
In recent years, software companies like Evolution Gamin have innovated ways players can play online casino games with live dealers right on their computers and smart phones. The fun thing is this recent innovation has left a fickle online gaming market wanting more, and more they will get.
For years, we have seen major gaming companies like Xbox (Microsoft) and PlayStation (Sony) moving toward virtual gaming platforms. These gaming platforms allow players to literally step into a game and become a part of the gaming environment. Given the growing success of virtual gaming, several top online gambling software developers are embracing this same technology. It was only two years ago that industry leader Microgaming showed up at ICE and introduced a virtual roulette solution. Two years later, the company is ready to make this technology available to the end users, online gambling enthusiasts.
The possibilities of virtual gambling technology seem endless. It’s just a matter of time before players will be able to step into a virtual online slots game and become real participants in a bonus game. In 2019, we can expect to see great advancements in this area. It won’t be long before all of the top UK casinos sites are offering a full roster of virtual and live dealer games.
Cryptocurrency
Slowly but surely, the entire world is starting to embrace the concept of using cryptocurrency as a primary method for making financial transactions. Block chain technology is proving to be far more secure than traditional financial tracking methods, which holds a great deal of appeal for people who are tired of being accountable to banks and tax organizations.
For the online gambling industry, cryptocurrency would seem to be the answer to the industry’s prayers. Players have long been searching for ways to legally, securely and anonymously transfer money to online casinos and sports books without scrutiny.
In 2018, we have seen hundreds of online casinos start offering Bitcoin as a viable banking option. It comes with low to no service fees, immediate recording of both deposits and withdrawals, and that all-important anonymity. In 2019, we can expect to see this trend continue. As new technologies are put into place, we can also expect to see online casinos offering a wider range of crypto deposit services. With over 1,500 coins being offered throughout the world, it’s a good bet that as many as a dozen of other crypto options will garner consideration from the online gambling industry over the next 12 months.
