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Topic: Which New Technology will be adopted by the Gambling Industry? (Read 522 times)

sr. member
Activity: 756
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After going through all the replies on this thread. Here is the synopsis of every reply: Most of you are super excited about the new technology. You believe that AI are already in place by online casinos for various work. The future of VR/AR will attract a large user base when the technology is available for everyone. I feel now is the right time to lock this thread. I can see spamming has started as a few replies now look repetitive. Thanks for being part of this discussion. I would come up with new topics that are not repetitive and intresting. Again thanks everyone who have contributed positively to this topic. Locking this thread for now.
 
hero member
Activity: 1638
Merit: 576
Leading Crypto Sports Betting & Casino Platform
AI is gaining a lot of momentum in different business sectors. Considering its ability I guess casinos can use AI to monitor, analyze betting patterns, detect fraud, and prevent multiple security issues from AI bots. I do feel this technology might have been already implemented by gambling platforms. If a user can easily create bots to generate profits then casinos can also do the same for security purposes.
What do you guys think?



I think all the casinos online must upgrade their website to keep abreast of increasingly massive technological developments, As we can see a browser like Opera in the picture above, they were updated to follow what's trending now. Maybe, what casinos should upgrade is AI security. a casino site must know if the user breaking the rules or have vulnerability were can auto checked by AI. As the picture above, opera has used AI to improve based on what we visited, and I think the casino must follow what Opera did, but more specifically in security.

Just on reading the title of the OP, my thought immediately goes to AI. The question should not be which new technology will be adopted by the gambling industry. The AI is already here with us and many industries are adopting it. Refusing to adopt it is at your own peril and I think gambling industry will not be left out due to some vulnerability and loop holes that it has. AI can be the best technology to fix them and take gambling to another level. Meanwhile there will still be cons of AI in gambling. Every technology has some advantages and disadvantages.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
integration of VR, AR, and metaverse would be ideal. It could be put on stalls of business owners in shops or malls if possible. Even if not everyone can afford it at home. If business owners can do it like for rent on a specific place, if it is profitable for them then they will make it happen. That would be awesome too because it would be more accessible to anyone which means if it is used in a way that is abusive, negatives of using it will emerge. So there are many things to consider.
Every technology which was initially released to the public was never affordable for everyone, including computers, televisions, telephones, mobile phones, and a lot more, so similarly, as time goes by, this technology will also start to become affordable for everyone but initially, it will of course only be accessible for a specific category of people who are considered to be the elite class.

Even if they are kept at a mall or at stalls or something, only a few people will be able to afford them because their rent or charges of use will be pretty high for sure and any person, especially someone who isn't doing well financially, will not be able to use them.
legendary
Activity: 2366
Merit: 2054
AI is gaining a lot of momentum in different business sectors. Considering its ability I guess casinos can use AI to monitor, analyze betting patterns, detect fraud, and prevent multiple security issues from AI bots. I do feel this technology might have been already implemented by gambling platforms. If a user can easily create bots to generate profits then casinos can also do the same for security purposes.
What do you guys think?



I think all the casinos online must upgrade their website to keep abreast of increasingly massive technological developments, As we can see a browser like Opera in the picture above, they were updated to follow what's trending now. Maybe, what casinos should upgrade is AI security. a casino site must know if the user breaking the rules or have vulnerability were can auto checked by AI. As the picture above, opera has used AI to improve based on what we visited, and I think the casino must follow what Opera did, but more specifically in security.
STT
legendary
Activity: 4088
Merit: 1452
Most gamblers can afford a phone of some kind and I've seen VR linked to that device.  It might not be the best VR but apparently its possible to build a holder for VR out of cardboard (or 3D print if you are determined to remain fancy and distinctive) and attach the phone to that, someone drew up the idea for that years ago.   So the entry level is covered in that way and phones are already on that pathway to wanting to become available to all like all large scale products.  
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
I think it may be just matter of time before casinos (specially in Asia) start to use androids or female robots as casino workers.
That would be attractive, specially in a technological themed casino, for example. I am also keeping in mind the love and tradition some nations in Asia have for the robotics and the electronics in general.

I would visit such a place, but I would still consider to continue to interact with actual woman on the tables or the bars.
Some may even say that human interaction is an important part of the brick and mortar casinos, does not matter where they are established.
full member
Activity: 1708
Merit: 126
Opera already put chatgpt as a feature already, and it is getting very troublesome, I think it is quite important to realize that we should be considering something else. There are even people here who are using chatgpt to write responses, obviously they do get caught and removed from their signature campaigns, but that's today, we don't know what the future holds.

I am 99% sure that AI will be somehow used at gambling as well, maybe we could have AI fed with data, every single data we can find, and asked to do odds? That way sportsbooks will not need to just wait and see what the situation with bets are, they could just give the AI some information and ask it to build an odd for which team to win, that could actually make some sense in the end.

We can't deny the fact that AIs are now part of the innovative gambling industry. We can't control their growth and development though some people still see these tools as threat. There are people who now rely to AIs when it comes to decision making and we can't blame them for that because there are already a few who got lucky through it.
There are also gambling sites that rely in AIs when it comes to security and organizing and been using AIs as their customer support tool. I think one of the negative effect of AIs nowadays is the improper use of it that there are people who have been using it to cheat. It could also be a reason for a gambling addiction increase since algorithms can manipulate odds and potential outcomes in gambling. I think AIs could help in so many ways as long as we are using them wisely and responsibly and with good intentions.
legendary
Activity: 2884
Merit: 1117
Opera already put chatgpt as a feature already, and it is getting very troublesome, I think it is quite important to realize that we should be considering something else. There are even people here who are using chatgpt to write responses, obviously they do get caught and removed from their signature campaigns, but that's today, we don't know what the future holds.

I am 99% sure that AI will be somehow used at gambling as well, maybe we could have AI fed with data, every single data we can find, and asked to do odds? That way sportsbooks will not need to just wait and see what the situation with bets are, they could just give the AI some information and ask it to build an odd for which team to win, that could actually make some sense in the end.
hero member
Activity: 812
Merit: 560
Unless VR headsets and other equipments gets so cheap for retail gamblers, I think it will not come to adoption. For me I think AI gambling has the best chance to be huge but there should be some considerations for players since it's still in early stages of development  and it may not be that profitable as everyone may think.

Yes we are still in the early stage for the full use of AI in gambling but since techology had so advanced that there are camera drones that can be used on multiple strategic positions to monitor more effectively the role of VR for proper evaluation of the scenes on football matches, they have although imoroved well more than before and still yet there's more need to add on this improvements because we progress on wilth technology advancement to help us decern the appropriate judge on situations.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
Virtual gambling looks cool, AFAIK there's a company that has this already and it was posted in the gambling section where that casino has a partnership with a VR device company. You'll need their very own device to log in to their casino but I barely remember the images of that casino. Maybe it's like a sandbox type of casino. We've got web3, NFT, and soon VR/AR is just gonna be a matter of time until many casinos will implement it as if an added feature to try them out.

For sure, this stuff is expensive. I mean, it is a one-time investment as you need to purchase VR, and then you can use it in games, interactive movies, etc. I don't know why I am excited about this, but for sure, the reason is the experience from it. It is really far from using our phone or PC, and also, it is very cool to have this as you can like escape from reality.
I can't remember it but yes, IIRC, that was with a hefty price. It's exclusive only to that casino. The experience could be different entirely and it's like you are really in a virtual world ready to gamble. LOL.

Virtual gambling looks cool, AFAIK there's a company that has this already and it was posted in the gambling section where that casino has a partnership with a VR device company. You'll need their very own device to log in to their casino but I barely remember the images of that casino. Maybe it's like a sandbox type of casino. We've got web3, NFT, and soon VR/AR is just gonna be a matter of time until many casinos will implement it as if an added feature to try them out.
But to buy their device is still very expensive and I don't think many gamblers can afford it. Meanwhile, most gamblers are still playing as usual without being able to try using a gaming device because they can't afford it. Indeed it is a new experience for gamblers but I am sure that the technology will be more developed and the price of the device will decrease so that more gamblers can afford it.

The gambling technology that might be applied might be VR technology because, for now, a device is already used. Meanwhile, AI technology still needs to be refined, so it seems it needs more time.
It's not about how many gamblers can afford it but only those that can. If one can't afford it, then it simply means that they're not the target market of that device and company. You will feel that there's some difference of these gamblers when they're on that type of world and they're only a few.

Virtual gambling looks cool, AFAIK there's a company that has this already and it was posted in the gambling section where that casino has a partnership with a VR device company. You'll need their very own device to log in to their casino but I barely remember the images of that casino. Maybe it's like a sandbox type of casino. We've got web3, NFT, and soon VR/AR is just gonna be a matter of time until many casinos will implement it as if an added feature to try them out.
This is what I don't like if ever they will adapt the VR technology in online casinos. The equipment needs to be bought at an expensive price. How will gamblers afford it if they think the money that will be used to purchase the VR equipment can instead be their gambling capital? There are other projects where they offer their equipment for a cheap price and they just take the profits from the game inside. Like the consoles today, the price of the games is more expensive than the console itself.
I don't mean to make it super cheap but they should put the retail price at an amount that can be bought at a decent price where many gamblers will be intrigued to use it. A project without customers may as well be a dead one if they cannot find a way to do the right marketing attack.
There will certain gamblers that will afford that price and it's like going to be an exclusive club who owns it. Until everyone affords it, I am sure that the price will drop down due to supply and demand but while it's not yet trendy and the supply is lesser, the demand will get higher and these devices and casinos don't force everyone to buy them.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
Quote
How will gamblers afford it

VR would be cool to see, same as any game regularly playing the premium of gambling enables many things.   All you have to do to justify the expense is have the revenue stream of regular players who come your way rather then the oppositions games then its justified.    Considering how much competition there is and the size of gambling industry globally, it seems likely we can see VR and any technology involved in new gambling games at some point.  
  Scales of economy make this true, the common iphone or similar would have cost billions at one point in time as it was so specialized and unique but setup factories to supply components for millions into billions of people and per unit things become cheaper to provide and include in any product as a possibility.   VR isnt new, it just have to be put to work and actually be useful in that sense to the consumer, very posible.

integration of VR, AR, and metaverse would be ideal. It could be put on stalls of business owners in shops or malls if possible. Even if not everyone can afford it at home. If business owners can do it like for rent on a specific place, if it is profitable for them then they will make it happen. That would be awesome too because it would be more accessible to anyone which means if it is used in a way that is abusive, negatives of using it will emerge. So there are many things to consider.
STT
legendary
Activity: 4088
Merit: 1452
Quote
How will gamblers afford it

VR would be cool to see, same as any game regularly playing the premium of gambling enables many things.   All you have to do to justify the expense is have the revenue stream of regular players who come your way rather then the oppositions games then its justified.    Considering how much competition there is and the size of gambling industry globally, it seems likely we can see VR and any technology involved in new gambling games at some point.  
  Scales of economy make this true, the common iphone or similar would have cost billions at one point in time as it was so specialized and unique but setup factories to supply components for millions into billions of people and per unit things become cheaper to provide and include in any product as a possibility.   VR isnt new, it just have to be put to work and actually be useful in that sense to the consumer, very posible.
hero member
Activity: 1176
Merit: 543
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 I am assuming that VR technology is poised to create an immersive gambling experience like never before.

With VR tech, gambling experience will be greatly improved. Some dangers that this may result to is that it will make people easily become addicted to gambling due to a more improved experience than before, even people who are already addicted to gambling with find it difficult to quit. so while an immersive gaming experience may be good for the casinos and their profit, it is dangerous to regular gamblers and  gambling.
This may cause serious addiction especially for those that can not discipline when it comes to gambling. There are people that do find it difficult for them to concentrate or reduce the rate at which they bet which can easily become an addiction they might not able to control. Now, AI is onboard and everyone of us had been waiting to see AI games so they can explore and make some profits from it. Since this is only the beginning for artificial intelligence, we need to get ready for the worse that might be happening to the society because of AI future dominance.
legendary
Activity: 2352
Merit: 1121
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With technological advancements, a gambler can now enjoy his favorite casino game from the comfort of his home and even on the go. Convenience, accessibility, and expanding selection of online gambling platforms are sure to entice more players in the coming years. What do you think will be the subsequent big adoption in the Gambling industry in the future?

According to my understanding, there are two important innovations that will be adopted by the Gambling industry.

VR/AR Casinos: ~snip~
AI: ~snip~

What do you guys think?

Honestly, I thought that online casinos would "enter headlong" into the metaverse, that the adoption of VR in gambling would be the innovation pilot for the rest of the world, but I was disappointed to believe in this idea.
The metaverse has not evolved and consequently I don't think VR for the crypto world has much future ahead of it either.

However, I'm betting heavily on AI in several segments and certainly gambling is one of them.
Casinos will gain a lot if they manage to combine artificial intelligence with their websites, predict game results more accurately and give players more accurate predictions so that they can place their bets with more success (in sports betting, this would be very good).
legendary
Activity: 3010
Merit: 1280
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With technological advancements, a gambler can now enjoy his favorite casino game from the comfort of his home and even on the go. Convenience, accessibility, and expanding selection of online gambling platforms are sure to entice more players in the coming years. What do you think will be the subsequent big adoption in the Gambling industry in the future?

According to my understanding, there are two important innovations that will be adopted by the Gambling industry.

VR/AR Casinos:


AI:


What do you guys think?

I agree that these two technology will be likely adopted by the gambling industry, aside from that technology like blockchain and big data may also be another option for the gambling industry to be integrated into their system.  They have to adopt these techniques for better security, enhanced entertainment, increased market share, and efficiency.  With blockchain and AI being a hot topic, I am sure the gambling industry will take advantage of these technology to cater more audiences for their gaming services.
legendary
Activity: 1456
Merit: 1108
Use chips.gg
 I am assuming that VR technology is poised to create an immersive gambling experience like never before.

With VR tech, gambling experience will be greatly improved. Some dangers that this may result to is that it will make people easily become addicted to gambling due to a more improved experience than before, even people who are already addicted to gambling with find it difficult to quit. so while an immersive gaming experience may be good for the casinos and their profit, it is dangerous to regular gamblers and  gambling.
hero member
Activity: 2590
Merit: 644
VR isn't new and to my best of knowledge it exists even before a decade so it's kind of old and the modern version of VR is the metaverse which might bring a change to the whole online community not just only the gambling industry and AI can be adopted as well so whatever the technology arrives and if the business demands it then just adapt it. AI gambling doesn't sound good to me so I'll go with VR or anything better than it.

How about combining AI with VR technology? This may produce mind-blowing results which maybe we can imagine at the moment.
Also, I understand that VR is more attractive, but we cannot ignore artificial intelligence completely.

Right now, it is difficult to comprehend how the AI can be beneficial for the gambling industry but then i am sure the gambling industry must be thinking on these terms, and then those casinos that will be pioneers to integrate AI in their casino, will surely lead the gambling industry.
^ That is what I am waiting for that will happen next.
By integrating AI into VR environments, we can create intelligent NPCs (non-playable characters) that react and adapt to users' actions, making the virtual experience more engaging and lifelike. AI algorithms can analyze user behavior and preferences in real-time, enabling personalized and more experiences within the VR environment. This can also lead to more realistic simulations, challenging games, and interactive storytelling experiences. Embracing the potential of both AI and VR will undoubtedly lead to unprecedented advancements and opportunities that we can't fully imagine yet.
hero member
Activity: 1484
Merit: 726
Virtual Reality casinos sounds great, but there is a problem with them, and that's the provably fair gain, I mean how do you know that a deck has been shuffled in a fair way in a virtual reality, I think that will be a problem because to play in a virtual casino will be like playing with slots provider, they will have a license but they will not prove the fairness of each spin, so, this will be a complex topic that virtual casinos will have to find a way to work with it.

But as you mention, it would be great to put on the VR and walk into a casino, I love that idea.

Are we sure the decks are fairly distributed in the casinos? Casinos always have hidden tricks and players don't want to see it because they like to deceive themselves. With a fair application of artificial intelligence it will be possible for casinos to distribute money more evenly. Since slot machines are already built on not making money, artificial intelligence can distribute money more fairly. Unfortunately casinos don't do this or even allow artificial intelligence to enter casinos to make more money. Bringing VR instead of AI technology is more sustainable for casinos.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
AI  is still big news but there was news on casinos and game providers integrating VR which is already happening all these two can be added and these two new technology can attract more players and can make casinos advance in the competition.
I support adding these two so users can have a new experience in their playing time, especially the AI it is now being added by many industries and it proved to be a big help for them, in two years' time we'll see if we can see these two on some casinos.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
-snip

What do you guys think?
in the near future what is becoming a trend that is still in the process of being adopted for casinos is AI which has been discussed several times in several threads and will certainly be followed by technological developments such as VR. although I'm not sure if VR can become the same trend as AI but usually in gambling when it looks interesting new technology it usually becomes interesting and can become hype in the long term.
and i think if the casino is able to support VR it will provide a new experience for all gamblers.
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