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Topic: Which New Technology will be adopted by the Gambling Industry? - page 4. (Read 529 times)

legendary
Activity: 2282
Merit: 3014
Yeah I think you're dead on for both of these technologies being utilized by the gambling industry moving forward in time. I'm not so sure VR/AR is going to be ready anytime soon, but I imagine eventually someone is going to figure out how to make an unbelievably good VR/AR headset that when you put it on it's going to feel like you are legitimately at a casino playing.

In terms of AI, which isn't really AI (AGI is real AI in my opinion) I think this current version will certainly help with all the things you mentioned.  This is one reason why I invested so heavily in semiconductors years back, they are going to help run these AI programs. 
hero member
Activity: 2730
Merit: 632
I feel like both will be adopted by online casinos to certain measures. I believe that VR headsets are still too big and heavy. I don't think they will be viable option unless certain revolutions happen with VR technology. Noone would like headaches. I think AI on the other hand, will be used by all casinos for many different operations. Fraud detection is one simple thing. Think deep. AI can be used to manipulate rewarding systems of games. Casinos can feel lot more optimal for both end users and operators.
I do have also the feeling that both would really be adopted knowing that these are type of innovation are the current ones who are really making up some noises on whatever industry that they are involved with.
We know that companies would really be tending out to go with the current trend or current developments on which they wouldnt really be letting themselves get behind when it comes to innovation and trend.
We know as a business then they would really be doing their best on going along on whats new and whats hot because in gambling industry which competition is really that high which it would really be normal that
they would really be thinking on offering something which would getting in line with these stuffs and the first or the few ones who would really be applying these things would really be able to get that
first slice of marketshare specially if it did really get that kind of recognition which it would really be their primary target on the first place.
hero member
Activity: 2884
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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:

Apple is in the process of launching its own VR/AR headset. After the release, I reckon that  Virtual Reality casinos will get a boost and will revolutionize the way we experience the thrill of the game. Imagine being transported to a virtual casino floor. With realistic sights and sounds, and interacting with other players from around the world.  I am assuming that VR technology is poised to create an immersive gambling experience like never before.
I think this is going to be the new innovation that casinos are going to make, one of the problems with online gambling is that despite being so convenient it lacks some of the excitement you can get at conventional casinos, however with virtual reality gear then you could design a virtual casino that allows players to get the best of both worlds, now it will take some time before it gains traction as VR equipment is expensive right now, but I think this is the future of online gambling.
hero member
Activity: 1190
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both, VR/AR brings a new type of entertainment into gambling and there are a lot of things that gambling casinos can incorporate with it. it could also attract a lot of people wanting to experience new things. as for AI, it's a very practical technology to have, it can enhance their security, fraud detection, bug detection, etc... I have no doubt businesses(including casinos) are already looking at the possible application of AI in their business.
I have started seeing AI projects include crypto coin projects that are incorporating artificial intelligence into there community to make it more user friendly and attract investors and lover of AI to there platform. The way technology is growing this time around is very surprising and soon we shall to exploring more of AI games, tools and platforms in term of security, entertainment, work field etc. This is only the start of our journey to diversify the potential of artificial intelligence and incorporate it into our businesses, security, entrainment and lifestyle.
legendary
Activity: 2534
Merit: 1115
both, VR/AR brings a new type of entertainment into gambling and there are a lot of things that gambling casinos can incorporate with it. it could also attract a lot of people wanting to experience new things. as for AI, it's a very practical technology to have, it can enhance their security, fraud detection, bug detection, etc... I have no doubt businesses(including casinos) are already looking at the possible application of AI in their business.
legendary
Activity: 2940
Merit: 1083
According to my understanding, there are two important innovations that will be adopted by the Gambling industry.

VR/AR Casinos:

AI:

If I'm not mistaken or just correct me if I'm wrong here, the Virtual Reality feature is now present at some casinos. I'm not familiar though how it works and what specific casino platforms are having that kind of feature. Not wrecking the fun with that innovative technology but I don't think that it's a big deal to consider if it will be adopted in the gambling industry since casino games can be compared to the usual online games where there will be improvement and big development while it progresses.

About the integration of a much more powerful and improved AI technology in the gambling industry, I also don't think that it's a big innovation in gambling since it's really a must-have feature to almost entire industries. Integrating that technology into the gambling platform will surely minimize most problems that they faced since then.

Looking forward to both innovations being adopted more although I'm pretty sure that there's no big reason to not get there.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
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:

Apple is in the process of launching its own VR/AR headset. After the release, I reckon that  Virtual Reality casinos will get a boost and will revolutionize the way we experience the thrill of the game. Imagine being transported to a virtual casino floor. With realistic sights and sounds, and interacting with other players from around the world.  I am assuming that VR technology is poised to create an immersive gambling experience like never before.

AI:

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?
AI would have much of a place in the industry as the gambling world's already working with it right from the get-go. RNGs, interactions with virtual hostesses that aren't even humans in the first place, and many others are just a good example that AI has the industry in a chokehold. Albeit improvements in the recent renditions are definitely a welcome addition, but it doesn't necessarily equate to it becoming the next big thing because ever since the introduction of digital gambling means AI/computer brains have just been in the background of the success. VR on the other hand is a lost cause. Metaverse died off as fast as it took traction, AR is more of a novelty nowadays to play beat saber more than anything useful really, and people are starting to become more connected with the environment. Plus the industry relishes in its accessibility, if it implements VR it's just another thing that gamblers have to buy and what for? As if that would increase their chances of winning games.

If I may, I think the best case scenario is that every advertisement on the internet is going to be from gambling sites. I'm seeing it now, it's growing as we speak, and it's not that much but it's definitely taking over the mainstream social media.
sr. member
Activity: 728
Merit: 444

AI:

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?
If applied to the gambling sector, both new technologies are beneficial and would be a welcome advancement. The necessity of introducing AI into the gambling sector, in my opinion, outweighs the value of VR/AR casinos. Considering that I want AI to be most helpful in the analysis and detection of gamblers with gambling addiction. By doing this, gambling establishments or online platforms would be able to address the matter with these gamblers right away before it gets out of hand.
legendary
Activity: 2450
Merit: 1472
In my opinion virtual reality / augmented reality is not going to be popular anytime soon, and I am saying this even though I really enjoy playing some games in VR
Many companies have tried and are still trying to popularize it, but it is very difficult, the market is not ready yet and the technology is not good enough, just ask an owner of virtual glasses and you will know that they probably played a week and then put it away

About the AI I totally agree. Just talking about the gambling industry, I'm sure they will use it for fraud control, loss reduction, expense reduction and security
Being more specific, they can use it to detect suspicious attitudes that nowadays can still go unnoticed, they can use it to replace human attendants, I'm not talking about automatic chat, but an AI that will seem like you are talking to a human and will solve your problem.
Maybe with AI and the right prompt, a casino owner can easily know which games are making the most profit, which are worth replacing, which have some likelihood of abuse by users...

The last drastic change in the industry that I remember was cryptos and the ease that this brought.
The next one like that we probably don't know yet.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
well, of course, having better technology in casinos will always be welcome, but the central problem is that the years go by, technology evolves a lot and casinos implement this technology, but the same problems of years are not solved, I'm talking about problems like: casino accuse the customer of having cheated, but the casino does not show evidence that the customer has cheated, there are also cases where the casino accuses the customer of having too many accounts but again the casino does not show any proof that the customer has many accounts, So I ask myself: would using AI in a casino and the casino have better resources to detect cheating would really solve the core problem? I keep wondering about it

because it seems to me that the real problem is on the side of many casinos that use arguments of cheating or many accounts to not pay customers who win a lot and in some cases they do this when the customer deposits little and manages to win more than 5x what he deposited in casino. now let's see in such a situation how good would virtual reality be for many casinos? the answer is that it would not be good for many casinos because they would lose opportunities to accuse customers of cheating or having too many accounts, at the end of the day technology can become a big enemy for certain casinos that have shady behaviors
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
VAR and AI technologies can enter the gambling industry, especially if there have been many developments in these two technologies. And both of them can provide a new experience in playing gambling because many people still cannot imagine what it's like to play gambling using these two technologies.

Or maybe the VAR technology will be tested first in several trusted casinos so that many people can try it. Of course, this requires tools to play gambling comfortably. But for now, the price is still very expensive. Meanwhile, AI technology is currently still being developed so that it can be even better so that later gamblers can also use it comfortably.
hero member
Activity: 3038
Merit: 634
VR is like going to give a better experience by just gambling at home. The casino will make you finally feel at home by showing you around through their virtual reality.

That's actually a cool experience if ever there's a casino that's allowing you to do that. Like it's a whole new experience and gamblers will be active more than ever with that.

Everyone will go back to their childhood if that happens and it's not just sales as per casino but also the device that will require you to enter into their virtual casino.
hero member
Activity: 2366
Merit: 594

VR/AR Casinos:

Apple is in the process of launching its own VR/AR headset. After the release, I reckon that  Virtual Reality casinos will get a boost and will revolutionize the way we experience the thrill of the game. Imagine being transported to a virtual casino floor. With realistic sights and sounds, and interacting with other players from around the world.  I am assuming that VR technology is poised to create an immersive gambling experience like never before.

This is really the most anticipated innovation that I really want to try, but we know that it is too expensive. Have you experienced this in a casino? I have heard of this kind of game or gambling, but for sure they are already developing it, as right now most of the games for VR are just for fun and also for social media. The experience really is great right now, unlike the traditional one, meaning it is more enjoyable and you really feel the game, but again, addiction comes in with this kind of situation.
hero member
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As long as a casino keeps the house edge, AI is probably not of much help to their customers. Fraud prevention is still a big topic and I guess AI is already used by many casinos to spot suspicious activities. I wonder what players could do with AI to create an edge for themselves? Find arbitrage opportunities across different casinos? Bugen given how the market grew in recent years, what is even the chance that players find opportunities? It's probably more important that casinos keep reasonable limits in order to not go broke because of extraordinary bet sizes. If they do that and they keep the house edge, what could go wrong for them?
legendary
Activity: 3346
Merit: 3130
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.
legendary
Activity: 3416
Merit: 1225
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AI:

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 believe AI is here to stay it's widely adopted by many industries and they have success integrating it into their system so why not the gambling industries, we'll see bettors trusting the AI for guidance in analysis,  and gambling operators will use AIs' to help create a perfect platform.

Of all the new technology that has been introduced after the internet and Bitcoin, AI made a huge impact and will create more impact on many industries.

But I don't want to see a terminator-like scenario with these AIs' they still should have limitations its mankind's safety net from these AIs.
hero member
Activity: 2800
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There wouldn't be an online casino if it weren't because of technology. Everything is adopted by businesses actually, the dotcom bubble was made possible by technology.

Right now AIs are most likely be abused in the end but blockchain technology will also be used widely. AIs today was believed to be released  to divert attention to AIs while the real adoption is on blockchain.
legendary
Activity: 3234
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Any technology that will enable online casinos to offer a more attractive service and that will enable them to fight against fraudsters will certainly be implemented. It is a business in which huge money is made and they are always ready to invest in something new, and it is no secret that those who enable something new have the chance to attract the most new players and retain those who are already their users.

In addition, during the pandemic, online casinos received a large number of new players who discovered some of their advantages compared to physical casinos, and I think that some new technologies will attract even more players of the new digital generation.
legendary
Activity: 3234
Merit: 1055

it will be a battle of AIs. i'm sure the casinos will be using AI yet also the gamblers will be looking for ways to win and AI will be the first choice also. people had been using bots just solving captcha back in the days trying to earn cents per view.  playing on casino will be no different.
copper member
Activity: 2324
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VR is definitely the next if devices like Occulus etc. become more accessible to mainstream users/gamers. I am still impressed with live games from Evolution, Pragmatic, etc. Can you imagine playing Crazy Time or Sweet Bonanza Candyland in a VR environment? It definitely will challenge land-based casinos. For card games, however, I think it's still better to go to the local casino as not many improvements can be made.

For metaverse, things like Meta with cartoon environment are a big no for me. It's kind of like the child's playground. But maybe after the 3d becomes much more realistic, it will be an option.
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