What will be the next big industry move? - page 45.

wxa7115

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Quote from: cabron on December 29, 2021, 07:46:46 AM

Its predetermined already that gambling might also be massive when metaverse is finally realized. The business will be booming once it happens, kind of more enjoyable when it's more realistic while we are just at home playing it. Pretty much this is really where the next big move of every big tech company today.

If engaging in online casinos or sports betting in metaverse equates to being an audience in the sports arena, it will be more like sci-fi movies such as Player one. Every casino online will probably develop to be part of the metaverse.

I think we are decades away from something like that becoming a reality, but I agree that this is the future of gambling and many other entertainment industries.

Still it would be interesting to see what other innovations happen in the middle of that development, after all casinos are always looking for a way to gain the upper hand over their competitors since that can be the difference between expanding and getting huge profits and disappearing.

Cling18

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Quote from: paxmao on December 29, 2021, 07:27:08 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?

As of now, there are still lots of countries that don't legalize gambling but as for me, more countries in the coming days would legalize it especially now that its positive effect of it on economic growth is really visible. Blockchain technology and gambling would continue to evolve because more people and even huge business industries are now recognizing cryptocurrency.

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Quote from: molsewid on December 29, 2021, 11:06:12 AM

Quote from: Alanaz on December 29, 2021, 10:53:19 AM

With the creation of the metaverse, I think this will be a breath of fresh air for the realm of gambling because indeed they have a place there and this will benefit both parties.
I feel that the longer the realm of gambling will get better and bigger because it is true that today's gambling connoisseurs are not only found in certain genders. Men, women, adults, young people, even children are now on this path and this will definitely continue to develop along with the times

I have no specific next big industry that will make a significant move by next year other than Metaverse, well, NFT will still on the picture and many play to earn games will born like what had happened this year however, I do consider too a significant growth in online gambling as it was already started circulating this year. The maximize used of internet today due to pandemic became the most effective way to introduces many online earning platforms to people and even gambling are now available in online too.

with a very strong atmosphere and the invasion of the metaverse that is getting more and more explosive, I think there will be no doubt there at this time.
The growth of gambling like this will continue to grow and will not be dammed anymore and it is certain that they can get significant profits this year and in the years to come.

KTChampions

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Quote from: 24Kt on December 29, 2021, 05:32:03 PM

Quote from: KTChampions on December 29, 2021, 05:20:33 PM

Maybe in connection with the development of AI and the growth of computing power of mobile devices, offline casinos will undergo certain changes - I heard that in roulette a system that scans the movement of a ball with high accuracy predicts its hit in a certain sector. Every year casinos will take into account the fact that they are not dealing with a player, but with a player + AI.

This is possible in online casinos because you don't know if the player is using something to aid his games. unlike in physical casinos, they are seeing the person and can monitor his moves. But i agree that online casinos will boom in the next years to come. We have seen the growth during this pandemic era. Online casinos are one of the businesses that survive and gain their massive following even during this crisis. Just look at how many online casinos that were born during this time. You can see that here in the forum, and am guessing a lot more which are not yet introduced here.

This has nothing to do with online casinos. In an online casino, a player cannot get an advantage in any way without using a direct violation of the rules of hacking software or something similar. In offline casinos, the situation, as I have already shown, is different, therefore, the changes will primarily affect offline casinos.

traderethereum

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I only think that the gambling industry will evolve to new things as many technologies will invent and develop by each developer.
It will attract many people to come to the gambling games and gamble using their money or want to see a new experience while gambling.
But besides that, it can cause more problems such as poverty, addiction, or else that can happen because the gambling effect can get inside of them and make them not stop from playing gambling.
If people can protect themselves from the bad sides that can happen while playing gambling, they will not face anything instead can still have fun playing gambling.
However, not many people can do that but they will have time to control themselves.

harizen

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Quote from: paxmao on December 29, 2021, 07:27:08 AM

What is your personal bet on the next big events in the betting industry?

The fact that even we are now in post-pandemic effect or should I say, that the status is not the same as last year, online gambling still kicking. It means that even physical casinos are now open, people continue their gambling activity online.

To my personal point of view, online gambling will grow more as we can't expect yet a full virus-free world in the next 1-2 years.

Looking forward also on big E-Sports events related to blockchain games.

AicecreaME

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Quote from: paxmao on December 29, 2021, 07:27:08 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 witnessed the rise of gambling casinos and sites that ate truly profitable in the long run. These casinos and gambling websites have been the source of entertainment and generator of income for few people. Maybe soon we will witness and see the expansion of gambling entertainment more and more in the different aspects because there are currently many things that has been blooming which could be the next big thing such as the sudden trend of NFTs lately and of course metaverse. These things could bring positive effect to the community, still depending on how the people would utilize its features. But as of now, I guess we will experience little by little the more hassle free and faster transactions in each casinos and sites. Hopefully, they will prioritize the services they will offer to the clients to keep the industry relevant despite all the other things making their way up. The development of the services and features are just a few of the most awaited moves that most users are waiting for. Perhaps this is not a big move, but certainly it would impact the industry in the positive side once done.

timerland

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Quote from: Darker45 on December 29, 2021, 10:40:50 PM

I expect that for the next years, gambling operators of both online casinos and brick and mortar casinos will be openly accepting Bitcoin bets. And not only that, the Lightning Network will definitely be utilized as well for a more convenient and generally smoother gambling experience.

It is also possibly a big thing in the next years that gamblers could already bet on blockchain game tournaments. For now, I cannot see odds on certain crypto matches. There will definitely be future tournaments on games built on blockchain and gamblers would be able to place their bets on certain teams and players.

Doubt that this will happen.

Most physical casinos are bound by really strict regulations that will likely not allow them to accept anonymous payment methods for AML purposes unless they are situated in a safe haven country.

There is much more value for mainstream online casinos/sportsbooks like Bet365 to accepting BTC though.

virasog

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Quote from: fortunecrypto on December 29, 2021, 11:44:49 PM

Quote from: paxmao on December 29, 2021, 07:27:08 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?

I read about metaverse and it will be integrated into gambling for real user's experience, maybe in the future every top online casino will have their own token, those who were into gambling and gaming will go back to playing cards, once this is integrated, the industry is very much alive and robust so many new online casinos coming up and big casinos are sponsoring big sporting events like MMA, Wrestling and boxing, soon the gambling industry will be one the biggest industry in the planet.

MetaVerse will really change the whole dynamics of gambling and it will be a new experience. We are already experiencing some metaverse games being developed in the market but not sure if the gambling industry had started thinking in this direction?
New casinos or old ones need to think on metaverse integration if they want to survive in the future.

fortunecrypto

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Quote from: paxmao on December 29, 2021, 07:27:08 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?

I read about metaverse and it will be integrated into gambling for real user's experience, maybe in the future every top online casino will have their own token, those who were into gambling and gaming will go back to playing cards, once this is integrated, the industry is very much alive and robust so many new online casinos coming up and big casinos are sponsoring big sporting events like MMA, Wrestling and boxing, soon the gambling industry will be one the biggest industry in the planet.

Darker45

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I expect that for the next years, gambling operators of both online casinos and brick and mortar casinos will be openly accepting Bitcoin bets. And not only that, the Lightning Network will definitely be utilized as well for a more convenient and generally smoother gambling experience.

It is also possibly a big thing in the next years that gamblers could already bet on blockchain game tournaments. For now, I cannot see odds on certain crypto matches. There will definitely be future tournaments on games built on blockchain and gamblers would be able to place their bets on certain teams and players.

xSkylarx

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Quote from: famososMuertos on December 29, 2021, 12:29:56 PM

I believe that the growth in the gambling industry will continue in demand but in particular I have seen how many online casinos are growing regionally supporting the regulated Fiat Local currency.

Where each country requires kyc control where it is preferred and in fact only local players.

As well, I've noticed that previously, if we talk about gambling, there were only a few online gambling sites, but since the pandemic has struck, there are many more online gambling sites, which are evolving as people are unable to physically visit casinos anymore. If the gambling industry makes this kind of move, I believe it will have significant ramifications because it will allow them to evade taxes from their profit. However, because they can play whenever they want and from wherever they want, this move is also prone to causing addiction in all people.

Trojane

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The gambling industry as an extablisment has grown over the years even with the common facts that disney and the rest of the companies have supported them allot on grants and promotions but also,in other places they haven't still gotten their full grounds yet as people sometimes don't even value it at first sight until when it seems to work real to some, then later luring many more into it....
In my suggestion, I believe since it has been growing over the years, there's still a probability of getting to its peak someday

Shasha80

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Quote from: uneng on December 29, 2021, 03:04:12 PM

My guess is that countries where gambling is currently forbidden are going to open their minds to this industry and embrace the opportunities it can generate for their local economies on the next years. We are suffering from economical problems everywhere and the solutions presented so far aren't enough to fix anything at all, what means new sources of income and jobs generation are needed for the government to keep the country working without going deeper into the financial crisis. One of the biggest challenges for gambling industry in order to achieve it, however, are the religious groups who rule the local politics from different countries, especially in the Middle East.

It seems that with the increasingly rapid development of the gambling industry, then the large turnover of money in the gambling industry,
this is an opportunity for the state to get large tax revenues from the gambling industry, if the country legalizes gambling. This might be
a consideration for some countries that have banned gambling before being a little open to the gambling industry. Because after all, many countries
are still experiencing an economic crisis due to the COVID-19 pandemic. One solution is to accept the gambling industry running in their country,
it provides a large tax revenue for the state. It would be a big thing for the gambling industry if many countries started legalizing gambling.
But I'm not sure a middle eastern country will do that, because we know that the Middle East country is indeed ruled by the religious group who is
against gambling. After all, some Middle Eastern countries are still helped by large oil reserves. What's interesting is that I want to see
the movement of countries in the Asian and African continents towards the gambling industry, because it is quite tempting income from
the gambling industry that can be obtained by the state.

24Kt

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Quote from: KTChampions on December 29, 2021, 05:20:33 PM

Maybe in connection with the development of AI and the growth of computing power of mobile devices, offline casinos will undergo certain changes - I heard that in roulette a system that scans the movement of a ball with high accuracy predicts its hit in a certain sector. Every year casinos will take into account the fact that they are not dealing with a player, but with a player + AI.

This is possible in online casinos because you don't know if the player is using something to aid his games. unlike in physical casinos, they are seeing the person and can monitor his moves. But i agree that online casinos will boom in the next years to come. We have seen the growth during this pandemic era. Online casinos are one of the businesses that survive and gain their massive following even during this crisis. Just look at how many online casinos that were born during this time. You can see that here in the forum, and am guessing a lot more which are not yet introduced here.

Kyraishi

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Quote

- Regulations on gambling are clarified and old laws reinterpreted

This will be the next big move.

Jurisdictions that do this first will have a distinct advantage and see their tax revenue skyrocket pretty much overnight.

But jurisdictions which fail to do this in time will likely see lack of engagement with regulation, a surge in unregulated casinos and all types of undesirable effects.

KTChampions

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Maybe in connection with the development of AI and the growth of computing power of mobile devices, offline casinos will undergo certain changes - I heard that in roulette a system that scans the movement of a ball with high accuracy predicts its hit in a certain sector. Every year casinos will take into account the fact that they are not dealing with a player, but with a player + AI.

timerland

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I think that metaverse gaming will be the clear next move.

As the metaverse industry expands, more people will spend time inside it and naturally people trying to make profits will move towards providing games of chance.

It's a natural progression for the industry to take in my opinion, and an imminent one.

hello_good_sir

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I believe that there will be a shift in focus to more P2P gameplay.

Most of the casinos right now are centralized, and as a result not very secure.

Gambling dApps can solve a lot of issues regarding KYC and transparency that traditional centralized casinos simply cannot address.

dothebeats

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As others have said, it's certainly the metaverse. There really is no other way to move from here, knowing that we have already tweaked with the algorithms, the design, and other things that can be changed immediately. Perhaps, we can now focus on VR and the likes, and with the current tech that we have it is no doubt achievable.

Or they could just focus on getting gambling in the legal side of things. I mean, up to now, we are still having lots of difficulties in making sports betting as legitimate on a lot of countries.

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