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iGaming is an industry that embraces and actively incorporates all new technologies. This is clearly seen in the example of mobile technologies. According to statistics, about 68% of the world’s population were smartphone users by the end of 2022, while their overall shipment was about 1.2 billion units. Mobile technologies can bring new opportunities for casino providers. For example, in Poland, the annual revenue from in-app casino purchases reached $14.39 million in 2022.
Also, reputable Polish gambling sites like GG BET PL use them to simplify the gameplay and increase accessibility for players. Smartphones develop every year, bringing new opportunities for casino operators. With constant boosts in processor power, increasing RAM, and creating better displays, smartphones already allow you to launch any casino game and enjoy it without lags and freezes. As for the latest trends in the mobile casino industry, blockchain, Metaverse, VR, and AI play the most significant role.
Blockchain
Blockchain (and NFT) technology became a game changer, allowing players to use virtual money to make deposits, withdraw winnings, and buy different items. This approach is based on a decentralized network without a third party to confirm transactions.
It significantly reduces their processing time (which can be a few minutes) and cost. If you decide to play your favorite game for real money, you may use one of the crypto banking options available on the site and do not be afraid of your sensitive data security thanks to the following:
- Key management;
- Deposit/withdrawal endorsement;
- Smart contracts, and more.
Plus, all transaction data is recorded on the blockchain, and you can check it anytime. Speaking about blockchain, many mobile casinos use NFTs to motivate players, boost their engagement, and personalize rewards. According to 2023 research, more than 50% of mobile casinos have already integrated blockchain technologies and are actively exploring the potential of DeFi and NFTs.
Artificial Intelligence
It is hard to deny that currently, it is an era of AI. According to statistics, the AI software market’s annual revenue (global) is over $50 billion. Statistics show that AI technologies will contribute over $15 trillion to the world economy by the end of 2030. So it is unsurprising that with the AI revolution, the iGaming industry incorporated this technology because of obvious advantages.
First of all, machine learning helps provide better security without extra pressure on customers by exploring new malicious practices and fraud prevention. The same is true for cheating by casino users. For example, AI tools can quickly analyze bet patterns that are made via automated systems. Along with detecting non-human inputs, it is possible to monitor red flags and identify vulnerable individuals.
Virtual Reality
Based on statistics, the VR gambling industry is set to grow from $0.4 billion in 2017 to $2.4 billion by 2024. Not all online casinos fully implement this approach, but it is a promising technology that can fully immerse into the gameplay and boost customer engagement. Gamblers get new playing opportunities, including the following:
- Dive into the game due to the 360° video technology;
- Travel along the virtual world;
- Communicate with other participants and more.
This already changed the perception of, for example, video slots. For example, you can already try to play the following slot titles with VR headsets or 3D goggles: Gonzo’s Quest VR, Jack and the Beanstalk, Twin Spin, Miss Midas, Thunderstruck II, and Starburst.
Metaverse
In fact, this approach is a combination of blockchain and VR technologies mentioned above. Thanks to this technology, you can fully plunge into the atmosphere of a land-based casino without leaving your home and enjoy your favorite slot, card, table, and other games.
One of the peculiarities is that such gaming sites cooperate with special platforms (for example, Metaverse Casino Management), which play the role of hosts for casinos. These platforms provide multiple opportunities to casino operators, including the usage of dApps and the ability to manage their domain autonomously.
Casino software developers are not limited to using advanced API and creating top games within the Metaverse casino framework. To get started, you should also use a VR headset or 3D goggles and, of course, a casino that supports this technology.
Although not many casinos offer this advanced approach, the Metaverse seems like a promising direction to develop. Based on recent research, the global Metaverse market will increase at a CAGR of 38.0% by 2027, from $36.81 billion in 2022 to $710.21 billion in 2027.
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