Articles

Impacted Due to Advancements in Artificial Intelligence and Virtual Reality

by Avinash Mittal Blogger

All around the world, advancement in technology has impacted various industries this includes the casino gambling industry as well. People of various backgrounds, economic levels, and professions are familiar with the on-floor casinos. Recently, there is more usage of online casino games due to the increase in internet usage. Internet gaming or online gaming has become popular with the use of smartphones. Artificial Intelligence (AI) has given way to the increase in the games developing online. A huge population of the world now engages in online gaming regularly. Recent statistics have shown that around 26% of the world’s population engages in online gambling.

Today, technology like AI and VR has changed the scenario of how gambling was only done inside the casinos. People are now connecting from around the world online for a game of gambling. Let us further learn how AI and VR technology has changed gambling for good.


Change in casino gambling due to Artificial intelligence (AI)

AI technology can predict the game strategy and moves once implemented which makes it perfect for gambling where everything is based on probability and predictions. In online casinos, AI can be used both the ways by the casino games as well as the player which can be a threat to the casino owners too. When a player predicts the strategy of the game through AI, he can use it in his favor to win.

The connection between AI and Casino Gambling

  • In casino gambling, AI is the ideal way to find the most valuable customer accurately. It involves choosing not only those customers that lose but also those who are winning big.

  • With the help of AI, players are offered customized gaming experience along with good promotional offers.

  • With the use of club cards and loyalty programs casinos have been at the forefront of analyzing the behavior of the players.

  • AI can predict how the slot on the floor will perform if there are no changes made. It can also increase revenues by relocating or changing the position of the slot machines on the floor.

  • Advanced AI system is employed to understand the choices of the player like popular games, the reason to stop playing or switching the games, etc.

  • Casinos can predict the elements of the game that makes it popular and the physical arrangement of the game on the floor to increase the selection of the player.

  • Not all adults are well-versed with this new technology, therefore, AI plays a major role here in guiding the player through every stage of the game. 

  • It can also predict factors that influence the customers spending patterns like maximum bet, minimum bet, maximum prize, percentage of return player, location, etc.

 The global online gambling market is predicted to be valued approximately 94 billion dollars until the year 2024. The current size is 46 billion US dollars which can grow double in upcoming years.

 Change in casino gambling due to Virtual Reality (VR)

 Over the last few years, virtual reality has also grown a lot. VR casinos are the fruitful results of their enhancement. Online casino users can now wall kina 3-Dimensional casino and participate in games of their choice. Soon, an entire casino resort can come to VR and the experience of the users will not be restricted to gambling. In the form of avatars, players will be able to interact with other players like that in a real casino. Soon, VR could become the standard for online gambling. By the end of the year 2020, the global VR gaming market size is expected to grow by 22.9 billion.

 There are some similarities when it comes to online gaming and casino gambling through VR. There is no reason one would not enjoy the VR game like traditional online gaming they are bound to get a vivid experience.

 Some of the factors that ensure the growth of VR in the casino industry

 Addiction

Interesting games are addictive and with VR technology it can provide the experience of real-world with virtual phenomena that are highly engaging. So, this combination could leave the players hooked to the VR casino games. Gaming related VR solutions are engaging even when the model is that of the boring real-world industry. Therefore, VR and gaming are considered as a good combination.


  • Potential to bring a variety of games

Due to uncertainty game developers did not consider creating VR games. With the increase in the use of VR and is promising, there is an increase in the development of VR applications.


  • Provides a brilliant experience

Games involving VR are developing in all the sectors of the gaming industry. It was a wrong prediction made by traditionalists that VR casino games provide a not so pleasing experience. It has increased the experience of those who have played the game. The 3-D sound has an engaging experience on those who play the game.

 

  • VR casino games are interactive

After playing for a while, online games become boring. Meanwhile, VR casino games have turned out to be highly interactive. Users can interact with other players and the experience seems like a real-life experience.

 

  • Cost of device

The high price of the VR devices initially kept the VR enthusiast at bay from trying the device. But the increase in the usage has lowered the prices and, in a way, it has increased the consumption of VR casino games.


Bottom line

 AI and VR both are enhancing the experience of online casino gambling and it is going to be much more realistic in the future. Connecting people around the world have also made users more interested in playing the games. With the high security, it is safe to play along with AI technology as far as the terms are not breached. Casinos are also benefited when they can acquire the exact data of the users. All in all, the advanced technology has provided a fruitful experience.




Sponsor Ads


About Avinash Mittal Advanced   Blogger

83 connections, 4 recommendations, 284 honor points.
Joined APSense since, July 23rd, 2018, From Meerut, India.

Created on Jul 27th 2020 01:53. Viewed 553 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.