What will be the next big industry move? - page 29.

mindrust

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Quote from: OgNasty on February 04, 2022, 12:56:49 AM

The next big thing for the industry has to be casinos in the metaverse right? I’m sure every casino on the Vegas strip has a room full of coders slapping together the framework for their own metaverses. Virtual reality tech has gotten to the point where things like Walmart’s demonstration of their metaverse will be a reality for every big company. Gambling seems like one of the more obvious beneficiaries of this move and I think it will become a major use case for crypto in 5-10 years.

What is the difference between a common online-casino and a metaverse casino? Both are virtual anyway. To me they are the same thing. Would it make a difference if you see 3-d modeled people around while you are gambling? I don't understand what is the big fuss about metaverse. FB collapsed big time in the stock market yesterday too. I guess people realized meta is a nothingburger.

madnessteat

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Quote from: KTChampions on February 04, 2022, 11:39:00 AM

^

Haha. I think that most of today's gamblers will remain to play in our usual online and land-based casinos because we are already used to it. Of course we want a new experience but I don't think many of us will be able to spend time in the metaverse on a daily basis. In my opinion it is similar to the way they once released TVs with 3D that almost no one watches at home now.

KTChampions

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Quote from: Renampun on February 04, 2022, 10:43:45 AM

For those who don't like crowds and are busy at home like me, gambling with the metaverse is a great thing...

taking care of the house, husband and children I will not be able to do if I have to go to an offline casino but if I can do it with metaverse then I will be greatly helped, metaverse is a great thing that if used by casino business people, the profit opportunities they can generate very large.

What is stopping you from playing online casinos now? Do you want to feel the chips with your fingers or follow with your eyes as the ball moves around the roulette wheel? I just don't understand why the metaverse is in gambling - all the possibilities for playing online already exist. For me it sounds like "I so want them to make the Metaverse faster - I so want to play poker."

Renampun

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Quote from: judeafante on February 03, 2022, 11:18:13 PM

Quote from: paxmao on December 29, 2021, 08:27:08 AM

...

Adoption will continue Crypto casinos will eclipse fiat-based and physical casinos and metaverse will be integrated into the gambling casinos, we have seen it happening right now and the gambling industry revenue will double because gamblers will prefer playing in Cryptocurrency based casinos because of its anonymity and transparency in the blockchain, there will be more partnership and top casino cities will embrace and set up online Cryptocurrency casinos and will forge partnerships.

For those who don't like crowds and are busy at home like me, gambling with the metaverse is a great thing...

taking care of the house, husband and children I will not be able to do if I have to go to an offline casino but if I can do it with metaverse then I will be greatly helped, metaverse is a great thing that if used by casino business people, the profit opportunities they can generate very large.

Lucasgabd

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Quote from: OgNasty on February 04, 2022, 12:56:49 AM

The next big thing for the industry has to be casinos in the metaverse right? I’m sure every casino on the Vegas strip has a room full of coders slapping together the framework for their own metaverses. Virtual reality tech has gotten to the point where things like Walmart’s demonstration of their metaverse will be a reality for every big company. Gambling seems like one of the more obvious beneficiaries of this move and I think it will become a major use case for crypto in 5-10 years.

probably when we have good metaverse tech in place we'll see casinos developing but not only that
lots of things
from all kinds of games to watching sports tournaments and more!

Lordshiva

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Welcome back 🙏

Quote from: paxmao on December 29, 2021, 08:27:08 AM

Let's dedicate a little time to see the last decade headlines on gambling and business (or rather the business of gambling):

https://medium.com/@visualmodo/online-gambling-history-18caa7ec7758

Some headlines:

- Online sports betting sites come to live in the middle of 90s. These have evolved massively (online poker did not even have graphics at first).

- Regulations on gambling are clarified and old laws reinterpreted

Quote

The Wire Act prohibits the electronic transmission of information for sports betting, but a 2002 ruling crucially ruled that “in plain language” it does not prohibit internet gambling on a game of chance

- In 2019, Disney generated around 55B. The gambling industry 59B.

Gambling industry is on the move in the last years. Legalisation across Europe and USA has forged new empires, online gaming has received all the positive impacts from COVID confinements and it seems that is going to be plenty of consolidation in the future. What is your personal bet on the next big events in the betting industry?

We have seen the latest breakthrough in gambling with the development of the Internet. Meta universes are a huge prospect to make a new breakthrough in the gambling industry. Have no doubt that the gambling industry giants as well as the technology giants will follow the trends that bring us new technologies. The gambling industry has a lot of money that will be used to attract new players and improve the experience of existing players.

Fundamentals Of

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Quote from: Smartprofit on February 03, 2022, 10:42:47 AM

Quote from: Fundamentals Of on February 03, 2022, 06:43:18 AM

Quote from: TheGreatPython on February 01, 2022, 12:58:03 PM

Quote from: Fundamentals Of on January 31, 2022, 11:23:05 PM

Gambling regulations are imposed on gambling in general. There is no distinction whether a gambler is poor or not. If a gambling jackpot is to be heavily taxed, there would be no special treatment if the winner is a poor man.

It is also probably not correct to say that gambling is mostly for the rich people. Rich people may gamble in huge amounts because they are rich, but in my observation the number of poor gamblers are much higher than the number of rich gamblers.

Because, poor people have a lesser money and they will try to gamble to increase their wealth. It is wrong to discriminate poor people and why will the gambling company do it when they can maximize their income when both rich and poor people are going to play with them instead of only one.

I think it is all right if a gambling company discriminates poor people from rich people. There are so many gambling casinos that are built with only the rich people in mind. In these casinos, the poor are not barred from entering but they wouldn't probably enter because they cannot afford. That's not the kind of discrimination I am against. How many resort and casinos that are actually operating exclusively for rich people? There are so many of them. But this does not mean the poor people are deprived of gambling. They also have their own ways of doing it.

And I like the concept of elite casinos.

Previously, the casino had a strict dress code. For ladies - evening dress. For men - a tuxedo and a bow tie. In the casino people smoked expensive Havana cigars and drank Veuve Clicquot champagne.

It created a festive atmosphere. You ended up in high society (the casino had the atmosphere of a movie about 007 James Bond). Over time, things got easier. The casino has become more democratic. Previously, the casino was not allowed in sportswear and sneakers.

As a result, the atmosphere of elitism disappeared. I think in the future we will see a resurgence of elite casinos.

I think casinos today could still be divided between the elite ones and those where ordinary gamblers could play. That's mostly prevalent among land-based casinos. There are casinos in my place where even those who are wearing slippers are allowed. There are even people inside the casinos who are not playing but they're regular visitors. They're simply watching games and even waiting for some tips from regular gamblers who have known them already.

OgNasty

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The next big thing for the industry has to be casinos in the metaverse right? I’m sure every casino on the Vegas strip has a room full of coders slapping together the framework for their own metaverses. Virtual reality tech has gotten to the point where things like Walmart’s demonstration of their metaverse will be a reality for every big company. Gambling seems like one of the more obvious beneficiaries of this move and I think it will become a major use case for crypto in 5-10 years.

magneto

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Quote from: xSkylarx on February 03, 2022, 02:58:17 PM

Quote from: Boristhecat on February 03, 2022, 11:17:12 AM

Quote from: Betwrong on February 03, 2022, 07:28:49 AM

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

Partially it will roll over (at least I hope so). I see a lot of downsides to NFT, but the situation in traditional games is even worse - I really don't like that when you buy a character/item you don't own it. According to any TOS, this character/item is fully owned by the developer, and you just bought a license to use it. It looks a lot like a scam, but that's the reality of things now. I hope the NFT fixes this.

What is the point of it? I have no idea, but if that is the case, then why are people buying it if you have only purchased it for licensing purposes? I believe you legitimately own it because you purchased it, but if the developer is a con artist, they could easily take it away from you. The way it usually works is if you read the Terms of Service, the dos and don'ts are usually listed there, and owning something is considered publicity because there is a transaction code as proof. Obviously, it isn't worth it if this is the situation.

There is really no point.

People hype up the NFT concept in the gambling space way too much, when in reality there is very little usage case for it outside of being a loyalty token.

Metaverse gaming right now is simply unattainable with the high gas fees that you'd have to pay. We need to be very realistic about this.

judeafante

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Quote from: paxmao on December 29, 2021, 08:27:08 AM

- In 2019, Disney generated around 55B. The gambling industry 59B.

Gambling industry is on the move in the last years. Legalisation across Europe and USA has forged new empires, online gaming has received all the positive impacts from COVID confinements and it seems that is going to be plenty of consolidation in the future. What is your personal bet on the next big events in the betting industry?

Adoption will continue Crypto casinos will eclipse fiat-based and physical casinos and metaverse will be integrated into the gambling casinos, we have seen it happening right now and the gambling industry revenue will double because gamblers will prefer playing in Cryptocurrency based casinos because of its anonymity and transparency in the blockchain, there will be more partnership and top casino cities will embrace and set up online Cryptocurrency casinos and will forge partnerships.

Fatunad

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Quote from: CaVO32 on February 03, 2022, 04:20:30 PM

Quote from: ?? on ??

Quote from: Lucasgabd on February 01, 2022, 03:19:42 PM

Quote from: coolcoinz on February 01, 2022, 01:36:27 PM

Quote from: Smartprofit on February 01, 2022, 11:17:06 AM

<..>

have you watched the facebook Keynote when he announces the name change for Meta and the new vision?
they're already working on a new technology that uses ray ban like glasses for immersion, instead of these huge and probably not so confortable VR sets.

only this change would already be a huge game changer.

but on the other hand it will still be a development and still not perfect.
when looking at the future of course this will be very good for the future of the meta itself but on the other hand things like this I think will still be something that is quite difficult because its development still needs time for now.
and sometimes there are some people who will still be constrained by the price later.
but I strongly agree that this will provide significant changes and impacts later

As we can see, gadgets are getting smaller and yet powerful. Just look at the evolution of smartphones, laptops, and other gadgets. So the VR gadget is no exception here. Sooner or later, we will see smaller glasses that can be used in the VR world. It is not far from happening because technology is getting sophisticated everyday. As VR market is expanding, their tools are also getting more advanced and revolutionary.

We are actually heading there and innovation cant really be stopped which means advancement is inevitable but it would surely takes time but we are gradually seeing these adoption.
It is really just a matter of time before such big changes on the industry but for now we should really deal on what we do have but be welcoming on what
might be the possible changes that might be ahead.

CaVO32

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Quote from: ?? on ??

Quote from: Lucasgabd on February 01, 2022, 03:19:42 PM

Quote from: coolcoinz on February 01, 2022, 01:36:27 PM

Quote from: Smartprofit on February 01, 2022, 11:17:06 AM

<..>

have you watched the facebook Keynote when he announces the name change for Meta and the new vision?
they're already working on a new technology that uses ray ban like glasses for immersion, instead of these huge and probably not so confortable VR sets.

only this change would already be a huge game changer.

but on the other hand it will still be a development and still not perfect.
when looking at the future of course this will be very good for the future of the meta itself but on the other hand things like this I think will still be something that is quite difficult because its development still needs time for now.
and sometimes there are some people who will still be constrained by the price later.
but I strongly agree that this will provide significant changes and impacts later

As we can see, gadgets are getting smaller and yet powerful. Just look at the evolution of smartphones, laptops, and other gadgets. So the VR gadget is no exception here. Sooner or later, we will see smaller glasses that can be used in the VR world. It is not far from happening because technology is getting sophisticated everyday. As VR market is expanding, their tools are also getting more advanced and revolutionary.

xSkylarx

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Quote from: Boristhecat on February 03, 2022, 11:17:12 AM

Quote from: Betwrong on February 03, 2022, 07:28:49 AM

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

Partially it will roll over (at least I hope so). I see a lot of downsides to NFT, but the situation in traditional games is even worse - I really don't like that when you buy a character/item you don't own it. According to any TOS, this character/item is fully owned by the developer, and you just bought a license to use it. It looks a lot like a scam, but that's the reality of things now. I hope the NFT fixes this.

What is the point of it? I have no idea, but if that is the case, then why are people buying it if you have only purchased it for licensing purposes? I believe you legitimately own it because you purchased it, but if the developer is a con artist, they could easily take it away from you. The way it usually works is if you read the Terms of Service, the dos and don'ts are usually listed there, and owning something is considered publicity because there is a transaction code as proof. Obviously, it isn't worth it if this is the situation.

madnessteat

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Quote from: Boristhecat on February 03, 2022, 11:17:12 AM

Quote from: Betwrong on February 03, 2022, 07:28:49 AM

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

Partially it will roll over (at least I hope so). I see a lot of downsides to NFT, but the situation in traditional games is even worse - I really don't like that when you buy a character/item you don't own it. According to any TOS, this character/item is fully owned by the developer, and you just bought a license to use it. It looks a lot like a scam, but that's the reality of things now. I hope the NFT fixes this.

On the one hand NFTs will have a positive effect on the gaming and gambling industry because they provide fully verifiable rights to certain assets within the blockchain, but it scares me that regulators have already paid attention to NFTs, which means owning them soon will involve some financial responsibility. I don't think players who play games for fun will find this idea attractive.

Silberman

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Quote from: Xinarae* on February 01, 2022, 02:10:46 AM

Online casinos are expected to become even more profitable in the future of online gaming from a business perspective is going to be very different from what we know now. Most importantly the industry will be more about fun and entertainment than money some gamblers had reservations about the safety of online casinos but technological advances have enabled online casinos to provide their sponsors with a safer gambling environment. If the government receives taxes properly there will be no restrictions on it.

Just as cryptocurrencies and gambling are a perfect combination I think gambling and the metaverse is going to be incredible as well, even if slowly but surely we are getting out of the pandemic people are still going to be afraid and their behaviors will change, however if people can interact in a similar way to what they do in the real world in a casino but they can do so while they are online and be completely safe at their homes then this will revitalize the industry.

Boristhecat

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Quote from: Betwrong on February 03, 2022, 07:28:49 AM

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

Partially it will roll over (at least I hope so). I see a lot of downsides to NFT, but the situation in traditional games is even worse - I really don't like that when you buy a character/item you don't own it. According to any TOS, this character/item is fully owned by the developer, and you just bought a license to use it. It looks a lot like a scam, but that's the reality of things now. I hope the NFT fixes this.

Smartprofit

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Quote from: Fundamentals Of on February 03, 2022, 06:43:18 AM

Quote from: TheGreatPython on February 01, 2022, 12:58:03 PM

Quote from: Fundamentals Of on January 31, 2022, 11:23:05 PM

Gambling regulations are imposed on gambling in general. There is no distinction whether a gambler is poor or not. If a gambling jackpot is to be heavily taxed, there would be no special treatment if the winner is a poor man.

It is also probably not correct to say that gambling is mostly for the rich people. Rich people may gamble in huge amounts because they are rich, but in my observation the number of poor gamblers are much higher than the number of rich gamblers.

Because, poor people have a lesser money and they will try to gamble to increase their wealth. It is wrong to discriminate poor people and why will the gambling company do it when they can maximize their income when both rich and poor people are going to play with them instead of only one.

I think it is all right if a gambling company discriminates poor people from rich people. There are so many gambling casinos that are built with only the rich people in mind. In these casinos, the poor are not barred from entering but they wouldn't probably enter because they cannot afford. That's not the kind of discrimination I am against. How many resort and casinos that are actually operating exclusively for rich people? There are so many of them. But this does not mean the poor people are deprived of gambling. They also have their own ways of doing it.

And I like the concept of elite casinos.

Previously, the casino had a strict dress code. For ladies - evening dress. For men - a tuxedo and a bow tie. In the casino people smoked expensive Havana cigars and drank Veuve Clicquot champagne.

It created a festive atmosphere. You ended up in high society (the casino had the atmosphere of a movie about 007 James Bond). Over time, things got easier. The casino has become more democratic. Previously, the casino was not allowed in sportswear and sneakers.

As a result, the atmosphere of elitism disappeared. I think in the future we will see a resurgence of elite casinos.

Betwrong

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I stand with Ukraine.

Quote from: Silberman on January 31, 2022, 02:09:10 PM

Quote from: iv4n on January 28, 2022, 02:26:47 PM

Quote from: goku19 on January 28, 2022, 01:09:16 PM

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

NFT, NFT, NFT... looks like everyone talks about NFT! I decided to try some NFT game at Biswap, we will see what will happen with that... I don't have some big hopes, it was a bit complicated to start everything, and now it's just clicking! I didn't see anything super special for now, so I don't know why this big hype, maybe because it's profitable for people? I hope it's not the only reason why people like NFT so much... for now I am missing the excitement I get from playing any classical gambling game!

That is the way things are, in 2017 people were talking about icos and nothing else as it was the fastest way to get a lot of money according to them, and now people can not stop to talk about NFTs and everything related to them for the very same reasons, now I am no saying that NFTs do not have a future but at least when I look at the way that people are just trying to convert anything they can find in an NFT and then sell it is not the way forward, and sooner or later this hype will end.

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

pinggoki

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Quote from: xSkylarx on January 18, 2022, 06:06:43 AM

Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

Agree only the new games are created but innovation of old games is really difficult but integrating it to metaverse then it would be different but still the same game that we've played. I think this is the biggest moved of gambling industry since metaverse is getting known now. we could really see this in the next future how gambling is integrated to this .

Maybe there are big brain people out there that might surpass our pessimistic expectations in the Metaverse's gambling scene, I am sure that there's an innovation somewhere out there. There's also a big possibility that the first one to think of something new will make a big money out of it although there's a chance it might slip past and the imitation gets the glory but it's a win-win for gambling because there's a new way to play and gamble.

Fundamentals Of

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Quote from: TheGreatPython on February 01, 2022, 12:58:03 PM

Quote from: Fundamentals Of on January 31, 2022, 11:23:05 PM

Gambling regulations are imposed on gambling in general. There is no distinction whether a gambler is poor or not. If a gambling jackpot is to be heavily taxed, there would be no special treatment if the winner is a poor man.

It is also probably not correct to say that gambling is mostly for the rich people. Rich people may gamble in huge amounts because they are rich, but in my observation the number of poor gamblers are much higher than the number of rich gamblers.

Because, poor people have a lesser money and they will try to gamble to increase their wealth. It is wrong to discriminate poor people and why will the gambling company do it when they can maximize their income when both rich and poor people are going to play with them instead of only one.

I think it is all right if a gambling company discriminates poor people from rich people. There are so many gambling casinos that are built with only the rich people in mind. In these casinos, the poor are not barred from entering but they wouldn't probably enter because they cannot afford. That's not the kind of discrimination I am against. How many resort and casinos that are actually operating exclusively for rich people? There are so many of them. But this does not mean the poor people are deprived of gambling. They also have their own ways of doing it.

Topic: What will be the next big industry move? - page 29. (Read 4730 times)