What will be the next big industry move? - page 41.

magneto

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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?

100% need consolidation with the rules.

I think that the regulations around gambling are way too tight right now which is leading to more harm than good given that a lot of operators just go underground instead of comply with the legislation.

If there was actually an easy, cost effective way to comply with laws, then I'm sure that most businesses will be more than happy to get accreditation with the authorities.

Ryker1

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Quote from: AmoreJaz on January 05, 2022, 06:05:10 PM

^[snip]
because let's admit that not all gamblers can afford this gadget.

Well this is a big problem for the gamblers --not everyone can provide gadgets or this gaggle VR.
Virtual reality has been there but in different eCommerce and now it was entering the gambling industry which is good to try. We hope that the gadget is affordable to all because this VR game is pretty good especially we are still now at a high risk to be infected with the virus. This could be a solution for everyone feel that in the same room while playing poker and talking to each other.

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Quote from: DoublerHunter on January 05, 2022, 05:55:10 PM

Quote from: Boristhecat on January 05, 2022, 01:24:30 PM

Quote from: ipanks on January 05, 2022, 05:51:05 AM

Quote from: Boristhecat on January 04, 2022, 11:21:00 AM

It will be cost effective if the players are willing to pay for it. But to be honest, I know several gamblers (and play a little myself) - I have never heard from them any wishes regarding gambling graphics or anything like that. For ordinary gambling, the Metaverse is unlikely to provide anything new. Maybe there will simply be some interesting opportunities like running around the field next to the players (in the game on which made a bet), of course virtually.

At least, Metaverse can offer a new experience using VR equipment that some gamers already use to play many games. The cost will adjust from time to time and with the newest technology, everything will be updated following the current situation. The gambling industry will change when VR equipment can be applied, which may also change the interface of the gambling industry. The smart contract will solve the problem of the fee of the transaction and with so many options now, people can choose what they want to pay for the services.

This is a controversial point in view of the fact that top monitors transmit a picture of best quality, and, for example, for me personally, a monitor is much more convenient than any VR equipment, simply because I can see well with only one eye, so VR for me means a deterioration in the picture and not an improvement.
In general, there are many different unexpected pros and cons in this area, and in order to strongly attract consumers, the Metaverse must offer something really worthwhile.

^ This could become a hot topic now, metaverse game using VR which is already started people using it. But it is only for those who can afford to buy this device. I did not yet experience using VR while gambling and how good it is, as they said, it looks real when you as your character is an avatar and other your opponents too which look like you are inside the casino. Probably this will be going to happen soon and many gamblers will move to this nice idea and explore how virtual reality becomes looks real.

they may attract certain group for this market, but high likely those that can afford such experience. because let's admit that not all gamblers can afford this gadget. but if you are up to it, the experience may really be a different one. and this may be another option if you want to visit virtual casinos in replacement of physical ones.
maybe in time, this kind of gambling will become cheaper as more and more platforms will be offering this kind of service as well as wide options on how to purchase the gadget.

DoublerHunter

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Quote from: Boristhecat on January 05, 2022, 01:24:30 PM

Quote from: ipanks on January 05, 2022, 05:51:05 AM

Quote from: Boristhecat on January 04, 2022, 11:21:00 AM

It will be cost effective if the players are willing to pay for it. But to be honest, I know several gamblers (and play a little myself) - I have never heard from them any wishes regarding gambling graphics or anything like that. For ordinary gambling, the Metaverse is unlikely to provide anything new. Maybe there will simply be some interesting opportunities like running around the field next to the players (in the game on which made a bet), of course virtually.

At least, Metaverse can offer a new experience using VR equipment that some gamers already use to play many games. The cost will adjust from time to time and with the newest technology, everything will be updated following the current situation. The gambling industry will change when VR equipment can be applied, which may also change the interface of the gambling industry. The smart contract will solve the problem of the fee of the transaction and with so many options now, people can choose what they want to pay for the services.

This is a controversial point in view of the fact that top monitors transmit a picture of best quality, and, for example, for me personally, a monitor is much more convenient than any VR equipment, simply because I can see well with only one eye, so VR for me means a deterioration in the picture and not an improvement.
In general, there are many different unexpected pros and cons in this area, and in order to strongly attract consumers, the Metaverse must offer something really worthwhile.

^ This could become a hot topic now, metaverse game using VR which is already started people using it. But it is only for those who can afford to buy this device. I did not yet experience using VR while gambling and how good it is, as they said, it looks real when you as your character is an avatar and other your opponents too which look like you are inside the casino. Probably this will be going to happen soon and many gamblers will move to this nice idea and explore how virtual reality becomes looks real.

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Quote from: xSkylarx on January 05, 2022, 03:11:23 PM

Quote from: Wexnident on January 05, 2022, 07:08:10 AM

Quote from: ipanks on January 05, 2022, 05:51:05 AM

At least, Metaverse can offer a new experience using VR equipment that some gamers already use to play many games. The cost will adjust from time to time and with the newest technology, everything will be updated following the current situation. The gambling industry will change when VR equipment can be applied, which may also change the interface of the gambling industry. The smart contract will solve the problem of the fee of the transaction and with so many options now, people can choose what they want to pay for the services.

It's not really new per se, it's just an old experience at the comforts of your home via the use of new tech. Honestly, any industry would have the chance to change if VR was implemented, after all, if they were able to merge the implementation of VR tech and make improvements with user experience via that, then user experience with VR would tremendously improve, probably defeating what real-world casinos could bring out (temporarily that is, till tech could do it in the real world as well).

VR is also a great innovation in the gambling industry. Assume you're in a casino using virtual reality and you've discovered other players online. This is a fantastic idea because people prefer not to go to casinos and prefer to play online. I believe the user experience is the best on this because it is not the same as traditional online gambling. Well, I'm very excited about this.

But comparing the real experience playing on a VR is completely different when you are playing on physical casinos that's why it couldn't really be ignored or we could tell that they would become obsolete

this is why both industries or businesses would still exists even this kind of gambling would exist in the future.It would be a whole different experience but doesn't mean that everybody would be using it out.

Lets just wait on what would be the next move or development into this industry as long it would be a good experience as gamblers then it would be considered out.

xSkylarx

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Quote from: Wexnident on January 05, 2022, 07:08:10 AM

Quote from: ipanks on January 05, 2022, 05:51:05 AM

At least, Metaverse can offer a new experience using VR equipment that some gamers already use to play many games. The cost will adjust from time to time and with the newest technology, everything will be updated following the current situation. The gambling industry will change when VR equipment can be applied, which may also change the interface of the gambling industry. The smart contract will solve the problem of the fee of the transaction and with so many options now, people can choose what they want to pay for the services.

It's not really new per se, it's just an old experience at the comforts of your home via the use of new tech. Honestly, any industry would have the chance to change if VR was implemented, after all, if they were able to merge the implementation of VR tech and make improvements with user experience via that, then user experience with VR would tremendously improve, probably defeating what real-world casinos could bring out (temporarily that is, till tech could do it in the real world as well).

VR is also a great innovation in the gambling industry. Assume you're in a casino using virtual reality and you've discovered other players online. This is a fantastic idea because people prefer not to go to casinos and prefer to play online. I believe the user experience is the best on this because it is not the same as traditional online gambling. Well, I'm very excited about this.

madnessteat

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Quote from: wxa7115 on January 05, 2022, 02:02:36 PM

^

I think that with time the gambling industry will come to verifiable algorithms and smart contracts as more and more gamblers use casinos that accept cryptocurrency payments. If casinos will work on blockchain and provide users the ability to verify algorithms and smart contracts, then everyone will get used to it and will start to demand the same from casinos that accept only fiat money. I believe that in the future this will become some level of trust in gambling providers.

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Quote from: lixer on December 30, 2021, 05:24:41 PM

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

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?

I feel like decentralized gambling is a huge move in itself, I mean we can verify our bets now using the provably fair algorithm which is insane. Sometimes I feel that fiat casinos are missing a trick by not implementing these games because it brings more trust towards the casino. What stops the casino from cheating a player on slots? Nothing!

You are correct however there is a very single reason why this does not happen and this is because people do not demand it, in the market of cryptocurrencies we do not trust we verify.

But people trust other entities with their money and information all the time, so they do not see the need to verify the results they were given as they are trusting the casino anyway, and until that mentality changes in a massive way I do not see a reason for fiat casinos to adopt something like this.

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Quote from: ipanks on January 05, 2022, 05:51:05 AM

Quote from: Boristhecat on January 04, 2022, 11:21:00 AM

It will be cost effective if the players are willing to pay for it. But to be honest, I know several gamblers (and play a little myself) - I have never heard from them any wishes regarding gambling graphics or anything like that. For ordinary gambling, the Metaverse is unlikely to provide anything new. Maybe there will simply be some interesting opportunities like running around the field next to the players (in the game on which made a bet), of course virtually.

At least, Metaverse can offer a new experience using VR equipment that some gamers already use to play many games. The cost will adjust from time to time and with the newest technology, everything will be updated following the current situation. The gambling industry will change when VR equipment can be applied, which may also change the interface of the gambling industry. The smart contract will solve the problem of the fee of the transaction and with so many options now, people can choose what they want to pay for the services.

This is a controversial point in view of the fact that top monitors transmit a picture of best quality, and, for example, for me personally, a monitor is much more convenient than any VR equipment, simply because I can see well with only one eye, so VR for me means a deterioration in the picture and not an improvement.
In general, there are many different unexpected pros and cons in this area, and in order to strongly attract consumers, the Metaverse must offer something really worthwhile.

KTChampions

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Quote from: ?? on ??

If I were to think what is the next path for the gambling industry, talking about big moves and all, I think it would be accompanied largely by technological innovations. Many topics have been rising about metaverse and VR casino, and based from what I can see, the next path that must be taken in the industry is the provision of gambling experience on the next level. We all know that gamblers still miss how gambling felt before, and through innovation, physical experiences can be revived and relived by the gambler through digital doors. Although that can be too futuristic, I believe that we have nowhere to go but forward, might as well manifest big and high.

Maybe some of the gamblers really want to play, but at the same time feel the feeling of being in a real casino, in my opinion this will be an insignificant part, but I could be wrong. It seems to me that if technology allows, then such opportunities - the transfer of sensations over a distance, people will use mainly for other purposes - massage parlors, etc.

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Quote from: Wexnident on January 05, 2022, 07:08:10 AM

Quote from: ipanks on January 05, 2022, 05:51:05 AM

At least, Metaverse can offer a new experience using VR equipment that some gamers already use to play many games. The cost will adjust from time to time and with the newest technology, everything will be updated following the current situation. The gambling industry will change when VR equipment can be applied, which may also change the interface of the gambling industry. The smart contract will solve the problem of the fee of the transaction and with so many options now, people can choose what they want to pay for the services.

It's not really new per se, it's just an old experience at the comforts of your home via the use of new tech. Honestly, any industry would have the chance to change if VR was implemented, after all, if they were able to merge the implementation of VR tech and make improvements with user experience via that, then user experience with VR would tremendously improve, probably defeating what real-world casinos could bring out (temporarily that is, till tech could do it in the real world as well).

The development of technology affects areas of our lives in different ways. Some areas are completely changing and some are only introducing innovations. Gambling has existed for a long time and is very well entrenched in many countries, so completely displace them online is not possible. When the Internet will be available to everyone on earth and will cost less than a deck of playing cards only then the number of real casinos may significantly decrease.The meta universe will be visited by people with above average income as AR/VR equipment is still very expensive. So don't expect a drastic change in the gambling industry.

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Quote from: ipanks on January 05, 2022, 05:51:05 AM

At least, Metaverse can offer a new experience using VR equipment that some gamers already use to play many games. The cost will adjust from time to time and with the newest technology, everything will be updated following the current situation. The gambling industry will change when VR equipment can be applied, which may also change the interface of the gambling industry. The smart contract will solve the problem of the fee of the transaction and with so many options now, people can choose what they want to pay for the services.

It's not really new per se, it's just an old experience at the comforts of your home via the use of new tech. Honestly, any industry would have the chance to change if VR was implemented, after all, if they were able to merge the implementation of VR tech and make improvements with user experience via that, then user experience with VR would tremendously improve, probably defeating what real-world casinos could bring out (temporarily that is, till tech could do it in the real world as well).

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Quote from: Boristhecat on January 04, 2022, 11:21:00 AM

Quote from: Vaskiy on January 03, 2022, 12:47:39 PM

Metaverse gives access to play against the computer generated environment along with players. This will be more interesting, but how far this will be cost effective needs to be analysed. With time gambling sites have used different technology to keep them alive to the current trend. The latest being smart contract usage for the provably fair operation. Maybe the upcoming move will be towards Metaverse.

It will be cost effective if the players are willing to pay for it. But to be honest, I know several gamblers (and play a little myself) - I have never heard from them any wishes regarding gambling graphics or anything like that. For ordinary gambling, the Metaverse is unlikely to provide anything new. Maybe there will simply be some interesting opportunities like running around the field next to the players (in the game on which made a bet), of course virtually.

At least, Metaverse can offer a new experience using VR equipment that some gamers already use to play many games. The cost will adjust from time to time and with the newest technology, everything will be updated following the current situation. The gambling industry will change when VR equipment can be applied, which may also change the interface of the gambling industry. The smart contract will solve the problem of the fee of the transaction and with so many options now, people can choose what they want to pay for the services.

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Quote from: Boristhecat on January 04, 2022, 11:21:00 AM

Quote from: Vaskiy on January 03, 2022, 12:47:39 PM

Metaverse gives access to play against the computer generated environment along with players. This will be more interesting, but how far this will be cost effective needs to be analysed. With time gambling sites have used different technology to keep them alive to the current trend. The latest being smart contract usage for the provably fair operation. Maybe the upcoming move will be towards Metaverse.

It will be cost effective if the players are willing to pay for it. But to be honest, I know several gamblers (and play a little myself) - I have never heard from them any wishes regarding gambling graphics or anything like that. For ordinary gambling, the Metaverse is unlikely to provide anything new. Maybe there will simply be some interesting opportunities like running around the field next to the players (in the game on which made a bet), of course virtually.

For people who do seldom gambles then this isnt something that would really be a serious matter to them yet they could simply play on whats currently available and if there would be some drastic changes in terms of

new experience then they would just simply deal with it but for those who had been playing gambling for years will might really get interested but lets see on how it would looks like on future years to come.

Nothing is certain and no one could able to predict on what would happen on certain industries on certain years to come but development would be always next in line.

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Quote from: Vaskiy on January 03, 2022, 12:47:39 PM

Metaverse gives access to play against the computer generated environment along with players. This will be more interesting, but how far this will be cost effective needs to be analysed. With time gambling sites have used different technology to keep them alive to the current trend. The latest being smart contract usage for the provably fair operation. Maybe the upcoming move will be towards Metaverse.

It will be cost effective if the players are willing to pay for it. But to be honest, I know several gamblers (and play a little myself) - I have never heard from them any wishes regarding gambling graphics or anything like that. For ordinary gambling, the Metaverse is unlikely to provide anything new. Maybe there will simply be some interesting opportunities like running around the field next to the players (in the game on which made a bet), of course virtually.

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Quote from: Coin_trader on January 03, 2022, 11:33:43 PM

Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

Based on the Monero project, a new decentralized network of NFTs (non-fungible digital assets) is currently being created. Monero is the best decentralized anonymous private cryptocurrency. Tari is a Monero-based digital asset creation platform.

But now we understand that NFTs by themselves don't really matter. For them to function effectively, you need to create the Metaverse.

Will we see a completely anonymous and private Metaverse based on Monero and Tari? Shall we play online casinos in this Metaverse? Everything is being created too slowly ...

But maybe in a few decades we will play gambling games in the Tari metaverse!

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Quote from: Furious 7 on January 03, 2022, 02:11:53 PM

With increasingly sophisticated technology and lots of people interested, it's not too strange anymore if the presence of online gambling sites is very popular.
On the other hand, gambling is currently hampered by the existence of a pandemic which cannot be resolved properly at this time.
it is time for us to take advantage of technology to make it easier now, with technological advances and increasingly sophisticated innovations that will make money flow profusely on gambling sites

gambling is very helpful with this corona virus situation for those who have lost their jobs. Yes, this pandemic has brought changes in various aspects of life. Many efforts have been made to break the chain of the virus, one of which is by implementing social distancing by the government. with this activity, people can't make money, the solution now is really gambling by playing what you like, you can just get money at home.?

There is a bit of a wrong perception here I think. Seeing the movement of the gambling market that is getting better and better does not mean we have to be there and make gambling our forum and profession.
Gambling is just for fun and to relieve fatigue so that we are not too monotonous and at least feel the game when we are bored.
not that we are in gambling for profession and hope to get money and wealth.
not everyone is always in a high level of luck. so, you have to be wise in looking at gambling.

No one will benefit from gambling other than the gambling house and the bookies. Maybe it's a saying we can see and hear

KTChampions

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Quote from: Coin_trader on January 03, 2022, 11:33:43 PM

Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

This is bogus decentralization. At the moment, all the Metauniverses that the developers are talking about and that are being made now are completely centralized projects - all infrastructure is owned and managed by the developers. Therefore, there will be no problem in getting someone to force complete the KYC or pay taxes or completely erase them from the Metaverse.
Decentralized Metauniverses, if they appear, will not appear very soon.

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Quote from: Coin_trader on January 03, 2022, 11:33:43 PM

Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

We can hope that they do not ask the online casino to have KYC for their members as they do not know who their customers are.
Maybe the regulators can still ask and check or investigate it for the local banks who receive the money from the online casino or other websites to check from where the sources of the money come from.
But that will not work if the online gambling site is out of their jurisdiction because it will cross their country's border.
The next thing will come to the gambling industry because we see in this gambling industry have many things new that can attract more people to join in the gambling games.

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Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

Topic: What will be the next big industry move? - page 41. (Read 4730 times)