<p><span data-contrast="none">From online dating to ordering our groceries, technology has transformed almost every aspect of our lives. This is certainly true when it comes to gambling. Whether you’re a regular player at </span><a href="https://spcasinos.com/"><span data-contrast="none">SP Casinos</span></a><span data-contrast="none"> or prefer to visit a land-based casino, it’s clear that the online casino industry is going from strength to strength. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<p><span data-contrast="none">According to information from Statista, the online gambling sector will be worth over $90 billion by 2023 – which is around $40 billion more than its current valuation. This growth will be driven by a variety of factors, the most important of which are tech developments. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<p><span data-contrast="none">From VR to cryptocurrency, read on to discover three technologies that are on the horizon for the online casino industry. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<h3 style="text-align: center;"><b><span data-contrast="none">Cryptocurrency</span></b></h3>
<p><span data-contrast="auto">When </span><a href="https://www.bbc.co.uk/news/business-42150512"><span data-contrast="none">Bitcoin (BTC)</span></a><span data-contrast="auto"> came to the market in 2009, it kickstarted one of the most controversial developments of the 21</span><span data-contrast="auto">st</span><span data-contrast="auto"> century. Love it or loathe it, this virtual currency has disrupted the world of online payments, spawning more than 6,000 different cryptocurrencies (known as altcoins) over the last decade. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<p><span data-contrast="auto">Cryptocurrency casinos are rapidly embracing the growing demand for digital assets. Considering investing in cryptocurrency is a bit of a gamble itself, it’s unsurprising that the two industries have started to overlap. These casinos accept payments in a variety of cryptocurrencies, although Bitcoin is still the most popular. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<p><span data-contrast="auto">Following the massive bull run that began in November 2020, we should definitely expect to see more of these specialist casinos launching online in the next few years. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<h3 style="text-align: center;"><b><span data-contrast="none">Virtual Reality</span></b></h3>
<p><span data-contrast="auto">From real estate to beauty, all kinds of industries are embracing the power of virtual reality (VR) to provide a digital-first customer experience. The online casino industry wasn’t quick to integate this technology into its games, but now that a few websites have paved the way, it’s likely that VR gambling games will become more mainstream.</span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<p><span data-contrast="auto">VR is a computer-generated simulation that enables us to ‘experience’ artifical environments. Want to get the Las Vegas experience without leaving your living room? Through the power of VR, new casino games will be able to transport you to world-famous casinos – and instead of a plane ticket and limitless funds, all you’ll need is an internet connection and headset. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<h3 style="text-align: center;"><b><span data-contrast="none">Chatbot Support</span></b></h3>
<p><span data-contrast="auto">Customer support might not be the most glamorous aspect of the online casino industry, but it is one of the most crucial. Gambling online is inherently a risky business – so who do you turn to if the worst happens and something goes wrong?</span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<p><span data-contrast="auto">Confidence in online casinos might be increasing, thanks to secure encryption, better government regulation, and tech such as random number generators (RNGs). But for complete peace of mind, you should always research your chosen casino’s customer service policy before entering your card details. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>
<p><span data-contrast="auto">The good news is that the rise of </span><a href="https://www.ibm.com/cloud/learn/chatbots-explained"><span data-contrast="none">AI chatbots</span></a><span data-contrast="auto"> could soon infiltrate the online casino sector. The demand for instant messaging services is growing – and with the news that the luxury Las Vegas casino The Cosmpolitan has unveiled a resident chatbot named Rose, we could see more establishments follow suit. </span><span data-ccp-props="{";201341983";:0,";335551550";:6,";335551620";:6,";335559739";:160,";335559740";:259}"> </span></p>

3 Tech Developments on the Horizon for the Online Casino Industry
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By Chris Newton
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