Gambling TechZone

GamblingTechZone News

GamblingTechZone Home

How Technology is Changing the Gaming Industry

By Andre Katz
July 30, 2018


The mobile gambling industry is said to be worth over $100 billion dollars and it continues to grow, with projections in excess of $1 trillion by 2022. 

Technology is playing a large role in the market’s development, and mobile gaming specifically, which accounts for almost half of the total online gambling market.  This growth has proven the vitality of mobile apps for the betting industry because those apps allow so many customers to bet from the comfort of their own homes.

Gambling requires both strategy and skill (along with a little luck), and several software improvements have made it possible for these factors to be captured effectively in online gambling – from spinning, rolling, or dealing to the final payoffs.  All of it is controlled by highly advanced software developed to deliver the same level of excitement as in a physical casino, for players of all levels and experience.

Factors driven by technology that have helped drive the online gaming market include:

  • Accessibility/availability of gambling sites,
  • Convenience/usability of  games,
    Greater variety of games,
  • Increased multiplayer live gaming,
  • High-speed broadband (especially mobile networks)
  • Security

Of course, licensing by appropriate authorities to ensure ensuring safety in the operations of the industry. Software is developed to help operators detect scams or illegal activities that many associate with online gaming.

Blockchain is another recent technology driving growth because of its ability to ensure security ans transparency.  Indeed, countless new online casinos have popped up this year alone promoting blockchain-based games that offer new levels of verifiably fair gambling – one of the key benefits of this new technology.  It means gamblers can be 100% certain that the odds on offer are set in stone, with no risk or outside manipulation.  The systems are automated on the blockchain ensuring that all transactions can be inspected and verified, regardless of there players choose to participate from – one of the huge benefits of online gaming.


 
SHARE THIS ARTICLE
Related Articles

Is virtual reality the next step in the evolution of online casinos?

By: Special Guest    8/5/2019

With the widespread introduction of live casino games, the online casino industry has been able to provide a gaming experience more immersive than pre…

Read More

How to Find the Right Online Casino | 3 Tips to Help Find Your Fun

By: Special Guest    6/13/2019

Online casino players should do 3 things before picking their site. Find out what type of games you like, read the reviews & consider the deposit opti…

Read More

What the End of Tennis' Golden Era Means for Betting

By: Special Guest    3/19/2019

In sports, as with Hollywood, television and everything else in culture, it's difficult to fully appreciate that we are witnessing a 'golden era'. Mai…

Read More

How the Gaming Industry has Increased the Brain's Ability to Focus

By: Special Guest    3/1/2019

It's been a long-held belief by parents that video games turn your brain to mush and increase violent tendencies. Actually, it's quite the contrary. …

Read More

What Can We Expect from the Future of Casino Games

By: Special Guest    3/1/2019

The gambling industry has undergone an amazing transformation over the past 20 years. The emergence of web and mobile technology has made casinos more…

Read More