26th January, 2022
The new advancements in technology have affected most industries to a great extent, including the online casino industry as well. Due to the plenty of amazing innovations, playing online casino games has become more enjoyable nowadays than ever before. Hence, it comes as no surprise that online casinos attract more and more players year by year all over the world.
Today we will review the 11 most significant effects of technology on the ever-growing online gambling industry in detail. Thus, you will understand how the latest technological advancements have influenced the functioning of online casinos.
1. A Wider Target Market
One of the most important impacts technology has had on the online casino industry is a wider target market. Several years ago, the online gambling market was very limited since there were only a handful of operators out there who offered these types of services. However, due to the new technological developments, it has all changed.
Nowadays, tons of new gambling sites are appearing on the market while more and more people are gaining access to a high-speed internet connection in their homes. The result? Online gambling reaches more and more people each year and the demand for online casino games is continuously increasing. And this is true for Nigeria as well!
If you have ever thought about gambling online but don’t know where to play, don’t worry. You can easily choose an online casino that meets all your needs as there are many great and trustworthy gambling sites available for Nigerian players. According to this guide, these are the best Nigerian online casinos.
2. A Larger Variety of Online Casino Games
Technology has also brought a larger variety of games for gamblers. The first online casino sites on the market offered only a few options for their players, mainly including the online versions of classic casino games. But very soon the operators of these casinos realized that to be able to fulfill the needs of all types of players, they need to keep up with the latest advancements. This is why nowadays several software development companies focus on developing newer and newer types of casino games, using modern solutions.
Recently, most online casinos provide a huge selection of games. This means that players can choose from hundreds or even thousands of different thrilling games when gambling in these casinos. The most common types of games available on the market include the following:
•Online slots (3,5,7-reel slot machines)
•Table games (baccarat, blackjack, roulette, craps, etc.)
•Live dealer games
•Lotteries (such as Bingo, Keno)
Regardless of which types of games you prefer, you will certainly find something you would enjoy playing!
3. Better Chances of Winning
Players have much better chances of winning now than they had before. If you are wondering why the answer is quite simple. Thanks to the large game selection, people can more easily find a game that suits all their needs and skills. For example, if they want to play games that offer boosted odds, they can choose from numerous games that have this feature.
Also, there is an increasing number of progressive jackpot games that increase the amount of jackpot each time it’s not won. This provides a great opportunity for players to win big!
4. More Banking Options
Similar to other industries, online casinos offer now a wide range of banking options as well. This means that gamblers can both deposit money and withdraw their winnings using numerous different methods. The most commonly used payment methods you can find listed below:
1.Debit and credit cards (most often, Visa and Mastercard)
2. Prepaid cards
3. E-wallets (for example, Neteller and Skrill)
4.Cryptocurrencies (such as Bitcoin, Ethereum, Litecoin, Ripple, Dogecoin, and many more)
When it comes to these payment options, without a doubt, cryptocurrencies had the biggest impact on the sector. Many gamblers prefer using cryptocurrency over other methods because they allow them for a significantly higher level of anonymity during deposits and withdrawals. Plus, cryptocurrency transactions are also faster and more secure than the other payment methods mentioned above.
5. Live Dealer Games
Live streaming is another technological development that conquered the entire online casino and sports betting industry. Besides the classic types of casino games, now gamblers can choose from various live dealer games as well. These games have gained huge popularity in the last few years because they provide a similar gaming experience to playing in a land-based casino. When playing live dealer games, such as live roulette, blackjack, or baccarat, you can encounter the following advantages:
•The ability to interact with and observe each move of the croupier.
•There is no Random Number Generator (RNG) involved as there is a live croupier.
•The modern, top-notch graphics and sound effects make the player feel like being in a brick-and-mortar casino.
6. Playing on the Go
In our technology-driven world, people spend a lot of time using their smartphones. They scroll through social media, watch videos, check their emails, and many more. Of course, online casinos have also realized that it’s not enough to focus on regular games if they want to attract this type of user. They need to create games that are compatible with smartphones and tablets to meet their needs.
Due to the efforts of game developers, now people can enjoy playing their favorite online casino games on the go, regardless of where they are. They can choose from a wide variety of exciting, mobile-compatible games and mobile apps that are very easy to use. All they need is a smartphone and a good internet connection!
7. Top-Notch Graphics and Audio
Online casinos and their games have evolved a lot in terms of graphics and audio in the last decades. Nowadays, most online casinos have a modern, well-designed website that gives a pleasing experience to the users. The games feature enhanced soundtracks and sound effects that match the theme of the game.
Regarding the graphics, the games are much more realistic now than before thanks to the technological advancements in this field. Most games have special animations and beautifully designed symbols and characters that make these games visually unique and original. Therefore, playing these games could not be even more fun!
8. A Higher Level of Security
Security is crucial when it comes to playing at online casino sites. This is because players are sharing sensitive data (such as banking information) and risking real money when gambling online (except in the case of demo mode). Fortunately, online casinos use more and more security features that ensure a higher level of safety for the users. These include, for example, encryption, safe and secure banking options, and RNG.
All these additional features help prevent hackers from gaining access to your personal information. Thus, both your data and funds are secure during the game and afterward as well.
9. The Use of Artificial Intelligence
The presence of artificial intelligence is one of the most interesting effects of technology on the online casino industry. This modern, enhanced technology is more widely used in casinos than you would think at first. Very often, when you have an issue on a site and you decide to get in touch with the customer support team, not a real person but a chatbot is trying to help you solve the problem. Since these chatbots do a great job providing excellent customer service, chances are that you won’t even realize the difference.
But customer service is not the only way to use artificial intelligence in the industry. This technology is also commonly employed in various games to boost the gaming experience, particularly when players play against the computer.
10. Games Based on Virtual Reality and Augmented Reality
Virtual reality (VR) and augmented reality (AR) take casino games to a whole new level. The 3D environments created by these innovative technologies allow players to interact with the different characters and objects displayed in the game. However, to get complete access to this amazing virtual world, they need to wear special VR headsets and use other VR gears.
Undoubtedly, VR and AR games are in high demand in the casino industry. Although the number of VR casino games is still low, game developers are continuously working on creating new games that are based on these technologies. If you would like to give a shot at VR casino games, don’t hesitate to check out some of the best VR games on the market, including Casino VR Poker, VR Blackjack, Apollo Slots VR, and Bullet VR Roulette.
11. Shorter Loading Times
A few decades ago it was completely normal that people had to wait long minutes for a game to load. However, in these modern times, it is unacceptable. Speed is very important as users don’t want to spend a lot of time waiting for a website or game to load. Even if we are talking about their favorite games!
Luckily, by now most casino operators have switched to advanced technologies that significantly decrease loading times. Thus, players can easily navigate the sites and access their preferred games within a few seconds.
The Bottom Line
As you can see from the above-mentioned list, the online casino industry has been influenced by the latest technological advancements in numerous aspects. Thanks to the developments, millions of people gained access to online gambling via modern, user-friendly, and secure websites. Also, gamblers can enjoy now thousands of different games that load fast and feature the newest technologies, including excellent graphics and sound effects, artificial intelligence, VR, and AR.
After seeing how these advancements have affected the industry, it’s not surprising that online casinos are becoming more and more popular all over the world. By 2023, the market size of the online gambling industry is expected to reach 92.9 billion US dollars. This indicates a shockingly high, 57% growth compared to 2019.