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Author Topic: What will be the next big industry move?  (Read 4702 times)
BuNga_cute
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February 01, 2022, 09:17:58 PM
 #341

Gambling regulations are imposed on gambling in general. There is no distinction whether a gambler is poor or not. If a gambling jackpot is to be heavily taxed, there would be no special treatment if the winner is a poor man.

It is also probably not correct to say that gambling is mostly for the rich people. Rich people may gamble in huge amounts because they are rich, but in my observation the number of poor gamblers are much higher than the number of rich gamblers.
Because, poor people have a lesser money and they will try to gamble to increase their wealth. It is wrong to discriminate poor people and why will the gambling company do it when they can maximize their income when both rich and poor people are going to play with them instead of only one.

It is not a problem for the poor people to pay the tax as long as their winning is big because there will still be left for them and that is better than not getting anything at all. They are not giving money for nothing but the money that they gave are tax and taxes has their own usage. Not only the winner can benefit with it but all people living on his country.

Casinos are open to anyone who is an adult and has money, therefore it is not surprising if there are poor people who play gambling. Because
playing gambling does not require using large capital, even some gambling sites provide a welcome bonus when we first register on the site,
so we can gamble using the bonuses we get. The problem is that some poor people have wrong thoughts when gambling, they think gambling
can be a source of income and increase their wealth. Even though gambling is very high risk, because no matter how good the strategy we use,
in the end the casino always wins. Then regarding the problem of paying taxes that poor people have to pay when gambling, it's normal
in my opinion, as long as the tax imposed is reasonable. Because not only when gambling tax payments are enforced, in everyday life we ​​also
have to pay taxes. Because developing countries must have large tax revenues, it will also be beneficial for the taxpayers themselves.

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February 02, 2022, 04:33:03 AM
 #342

The gambling industry will always stay profitable, however, regulations will be stricter especially in poor countries, but in rich countries where most people can afford to gamble, they will just likely increase the taxes so the government will benefit from the industry. With the popularity of crypto gambling as well, it gives the regulators more opportunity to earn and the entire industry will grow as gambling across borders made possible and easy with cheap transaction cost.
Somehow, I agree with this because gambling is one big industry that can give many gambling companies a big profit, whether the gambling industry is in developing countries or rich countries.
When the government increases the taxes, the gambling industry still grows because many new people are curious about the gambling games that will always give new things.
With the VR technologies that already happen, that can push the gambling industry to reach a new level that we did not imagine before to give more experience to many gamblers.
Many gambling companies build their business in many places, making people gamble to any place they want, which does not limit their country.

It's what they have been saying about metaverse where gamblers can walk around with thier avatar like it's the real world and meet gamblers in the metaverse and play together like the traditional casino. it's different from the futuristic movies we watch in Hollywood actaully but i guess blockchain had brought a different path for where we are.

if you think flying cars will be the next, you are far ahead because electric car seem stealing the stage.

Maybe metaverse can attract many gamblers to try a new experience. Still, no matter what will happen next in the gambling industry, the business will run and adapt to the current trend while inviting more gamblers to join them.
The gambling industry has become larger than before and with the pandemic still happening again, it grows gambling popularity because people still use the internet to communicate.
While the next big thing is not coming yet to the gambling industry, we can still enjoy what we have now and just flow like water waiting for the new trend coming to the gambling industry.
Maybe our children will not have a chance to feel what we feel once the new technology in the gambling industry is invented because the situation is different.

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February 02, 2022, 02:11:07 PM
Merited by Smartprofit (1)
 #343


Announcements are one thing, a working product is another. Years ago I've seen phone company showing predictions and even some basic alpha models of transparent phones that look like a piece of glass. So far it's still something we can see in the movies, not in stores. That's why I feel like they're ahead of time with the predictions of how popular metaverse will be.
That said, I'd love to use it, but in its target form, not the one available today that they were playing with on presentations. This is like pre-alpha stage.

yes, you are right, reality is good at crushing plans and showing us that some things are not so simple

but this is probably one of the biggest problems in terms of metaverse adoption, together with having more realistic graphics and adapting sensations to the virtual form

anyways it's nice to see even the big companies are working on solutions for that too

exciting and nefarious future at the same time

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February 02, 2022, 04:43:55 PM
 #344

^

So far this future is only on paper. I also want to try these technologies in gambling, but today there are too many unanswered questions about the regulation of metaverses offering gambling services to their users, so their widespread introduction may take more than a year.

Some large companies started out building their digital assets and had to give them up because of regulatory questions. It could be the same in the field of metaverse.

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February 02, 2022, 04:56:41 PM
 #345


Announcements are one thing, a working product is another. Years ago I've seen phone company showing predictions and even some basic alpha models of transparent phones that look like a piece of glass. So far it's still something we can see in the movies, not in stores. That's why I feel like they're ahead of time with the predictions of how popular metaverse will be.
That said, I'd love to use it, but in its target form, not the one available today that they were playing with on presentations. This is like pre-alpha stage.

yes, you are right, reality is good at crushing plans and showing us that some things are not so simple

but this is probably one of the biggest problems in terms of metaverse adoption, together with having more realistic graphics and adapting sensations to the virtual form

anyways it's nice to see even the big companies are working on solutions for that too

exciting and nefarious future at the same time


Yes, I would like to visit a casino in a functioning Metaverse!

It's like stepping into the reality of Star Wars.  You can use any avatars for the game.  For example, Darth Vader or a blue alien octopus from the planet Venus. 

At the same time, virtual reality will be indistinguishable from real reality.  Even smells can be imitated in the Metaverse.  At the same time, virtual reality glasses are a dead end in the development of virtual and augmented reality. 

Neural interfaces are necessary for the full functioning of the Metaverse.  Neural interfaces will allow direct interaction with the consciousness of other people and the space of the Metaverse itself.

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February 03, 2022, 09:17:56 AM
 #346


Announcements are one thing, a working product is another. Years ago I've seen phone company showing predictions and even some basic alpha models of transparent phones that look like a piece of glass. So far it's still something we can see in the movies, not in stores. That's why I feel like they're ahead of time with the predictions of how popular metaverse will be.
That said, I'd love to use it, but in its target form, not the one available today that they were playing with on presentations. This is like pre-alpha stage.

yes, you are right, reality is good at crushing plans and showing us that some things are not so simple

but this is probably one of the biggest problems in terms of metaverse adoption, together with having more realistic graphics and adapting sensations to the virtual form

anyways it's nice to see even the big companies are working on solutions for that too

exciting and nefarious future at the same time


Yes, I would like to visit a casino in a functioning Metaverse!

It's like stepping into the reality of Star Wars.  You can use any avatars for the game.  For example, Darth Vader or a blue alien octopus from the planet Venus. 

At the same time, virtual reality will be indistinguishable from real reality.  Even smells can be imitated in the Metaverse.  At the same time, virtual reality glasses are a dead end in the development of virtual and augmented reality. 

Neural interfaces are necessary for the full functioning of the Metaverse.  Neural interfaces will allow direct interaction with the consciousness of other people and the space of the Metaverse itself.

Your metaverse casino version looks amazing.  Darth Vader playing blackjack or roulette in a casino seems funny Smiley. Presenting Darth Vader as a living embodiment, despite the fact that virtual reality will be indistinguishable from reality, is now difficult, but it seems that the industry is gradually moving in this direction. If think about it, many things that are familiar to us now were once just someone's fantasies.

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February 03, 2022, 09:53:02 AM
 #347

All technological progress is based on the fantasy of science fiction writers.  

An engineer or programmer can bring any concept to life.  However, initially this concept must be created.  This is what science fiction writers do.  They invent those entities that are not yet in the material world.  

And then engineers and programmers ask themselves the question - how to bring it to life?  

The result is a technical solution!  

Programmers are somewhat easier than engineers.

Engineers have more physical limitations.  When you work with code, there are far fewer physical constraints.  

Therefore, any, the most fantastic ideas can be realized in the virtual Metaverse.

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February 03, 2022, 10:43:18 AM
 #348

Gambling regulations are imposed on gambling in general. There is no distinction whether a gambler is poor or not. If a gambling jackpot is to be heavily taxed, there would be no special treatment if the winner is a poor man.

It is also probably not correct to say that gambling is mostly for the rich people. Rich people may gamble in huge amounts because they are rich, but in my observation the number of poor gamblers are much higher than the number of rich gamblers.
Because, poor people have a lesser money and they will try to gamble to increase their wealth. It is wrong to discriminate poor people and why will the gambling company do it when they can maximize their income when both rich and poor people are going to play with them instead of only one.

I think it is all right if a gambling company discriminates poor people from rich people. There are so many gambling casinos that are built with only the rich people in mind. In these casinos, the poor are not barred from entering but they wouldn't probably enter because they cannot afford. That's not the kind of discrimination I am against. How many resort and casinos that are actually operating exclusively for rich people? There are so many of them. But this does not mean the poor people are deprived of gambling. They also have their own ways of doing it.
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February 03, 2022, 10:49:49 AM
 #349

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

Agree only the new games are created but innovation of old games is really difficult but integrating it to metaverse then it would be different but still the same game that we've played. I think this is the biggest moved of gambling industry since metaverse is getting known now. we could really see this in the next future how gambling is integrated to this .
Maybe there are big brain people out there that might surpass our pessimistic expectations in the Metaverse's gambling scene, I am sure that there's an innovation somewhere out there. There's also a big possibility that the first one to think of something new will make a big money out of it although there's a chance it might slip past and the imitation gets the glory but it's a win-win for gambling because there's a new way to play and gamble.



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February 03, 2022, 11:28:49 AM
 #350

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

NFT, NFT, NFT... looks like everyone talks about NFT! I decided to try some NFT game at Biswap, we will see what will happen with that... I don't have some big hopes, it was a bit complicated to start everything, and now it's just clicking! I didn't see anything super special for now, so I don't know why this big hype, maybe because it's profitable for people? I hope it's not the only reason why people like NFT so much... for now I am missing the excitement I get from playing any classical gambling game!
That is the way things are, in 2017 people were talking about icos and nothing else as it was the fastest way to get a lot of money according to them, and now people can not stop to talk about NFTs and everything related to them for the very same reasons, now I am no saying that NFTs do not have a future but at least when I look at the way that people are just trying to convert anything they can find in an NFT and then sell it is not the way forward, and sooner or later this hype will end.

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

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February 03, 2022, 02:42:47 PM
 #351

Gambling regulations are imposed on gambling in general. There is no distinction whether a gambler is poor or not. If a gambling jackpot is to be heavily taxed, there would be no special treatment if the winner is a poor man.

It is also probably not correct to say that gambling is mostly for the rich people. Rich people may gamble in huge amounts because they are rich, but in my observation the number of poor gamblers are much higher than the number of rich gamblers.
Because, poor people have a lesser money and they will try to gamble to increase their wealth. It is wrong to discriminate poor people and why will the gambling company do it when they can maximize their income when both rich and poor people are going to play with them instead of only one.

I think it is all right if a gambling company discriminates poor people from rich people. There are so many gambling casinos that are built with only the rich people in mind. In these casinos, the poor are not barred from entering but they wouldn't probably enter because they cannot afford. That's not the kind of discrimination I am against. How many resort and casinos that are actually operating exclusively for rich people? There are so many of them. But this does not mean the poor people are deprived of gambling. They also have their own ways of doing it.

And I like the concept of elite casinos. 

Previously, the casino had a strict dress code.  For ladies - evening dress.  For men - a tuxedo and a bow tie.  In the casino people smoked expensive Havana cigars and drank Veuve Clicquot champagne. 

It created a festive atmosphere.  You ended up in high society (the casino had the atmosphere of a movie about 007 James Bond).  Over time, things got easier.  The casino has become more democratic.  Previously, the casino was not allowed in sportswear and sneakers. 

As a result, the atmosphere of elitism disappeared.  I think in the future we will see a resurgence of elite casinos.

.
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February 03, 2022, 03:17:12 PM
 #352

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

Partially it will roll over (at least I hope so). I see a lot of downsides to NFT, but the situation in traditional games is even worse - I really don't like that when you buy a character/item you don't own it. According to any TOS, this character/item is fully owned by the developer, and you just bought a license to use it. It looks a lot like a scam, but that's the reality of things now. I hope the NFT fixes this.
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February 03, 2022, 05:17:14 PM
 #353

Online casinos are expected to become even more profitable in the future of online gaming from a business perspective is going to be very different from what we know now. Most importantly the industry will be more about fun and entertainment than money some gamblers had reservations about the safety of online casinos but technological advances have enabled online casinos to provide their sponsors with a safer gambling environment. If the government receives taxes properly there will be no restrictions on it.
Just as cryptocurrencies and gambling are a perfect combination I think gambling and the metaverse is going to be incredible as well, even if slowly but surely we are getting out of the pandemic people are still going to be afraid and their behaviors will change, however if people can interact in a similar way to what they do in the real world in a casino but they can do so while they are online and be completely safe at their homes then this will revitalize the industry.
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February 03, 2022, 06:04:38 PM
 #354

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

Partially it will roll over (at least I hope so). I see a lot of downsides to NFT, but the situation in traditional games is even worse - I really don't like that when you buy a character/item you don't own it. According to any TOS, this character/item is fully owned by the developer, and you just bought a license to use it. It looks a lot like a scam, but that's the reality of things now. I hope the NFT fixes this.

On the one hand NFTs will have a positive effect on the gaming and gambling industry because they provide fully verifiable rights to certain assets within the blockchain, but it scares me that regulators have already paid attention to NFTs, which means owning them soon will involve some financial responsibility. I don't think players who play games for fun will find this idea attractive.

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February 03, 2022, 06:58:17 PM
 #355

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

Partially it will roll over (at least I hope so). I see a lot of downsides to NFT, but the situation in traditional games is even worse - I really don't like that when you buy a character/item you don't own it. According to any TOS, this character/item is fully owned by the developer, and you just bought a license to use it. It looks a lot like a scam, but that's the reality of things now. I hope the NFT fixes this.

What is the point of it? I have no idea, but if that is the case, then why are people buying it if you have only purchased it for licensing purposes? I believe you legitimately own it because you purchased it, but if the developer is a con artist, they could easily take it away from you. The way it usually works is if you read the Terms of Service, the dos and don'ts are usually listed there, and owning something is considered publicity because there is a transaction code as proof. Obviously, it isn't worth it if this is the situation.
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February 03, 2022, 08:20:30 PM
 #356


have you watched the facebook Keynote when he announces the name change for Meta and the new vision?
they're already working on a new technology that uses ray ban like glasses for immersion, instead of these huge and probably not so confortable VR sets.

only this change would already be a huge game changer.
but on the other hand it will still be a development and still not perfect.
when looking at the future of course this will be very good for the future of the meta itself but on the other hand things like this I think will still be something that is quite difficult because its development still needs time for now.
and sometimes there are some people who will still be constrained by the price later.
but I strongly agree that this will provide significant changes and impacts later

As we can see, gadgets are getting smaller and yet powerful. Just look at the evolution of smartphones, laptops, and other gadgets. So the VR gadget is no exception here. Sooner or later, we will see smaller glasses that can be used in the VR world. It is not far from happening because technology is getting sophisticated everyday. As VR market is expanding, their tools are also getting more advanced and revolutionary.
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February 03, 2022, 08:47:49 PM
 #357


have you watched the facebook Keynote when he announces the name change for Meta and the new vision?
they're already working on a new technology that uses ray ban like glasses for immersion, instead of these huge and probably not so confortable VR sets.

only this change would already be a huge game changer.
but on the other hand it will still be a development and still not perfect.
when looking at the future of course this will be very good for the future of the meta itself but on the other hand things like this I think will still be something that is quite difficult because its development still needs time for now.
and sometimes there are some people who will still be constrained by the price later.
but I strongly agree that this will provide significant changes and impacts later

As we can see, gadgets are getting smaller and yet powerful. Just look at the evolution of smartphones, laptops, and other gadgets. So the VR gadget is no exception here. Sooner or later, we will see smaller glasses that can be used in the VR world. It is not far from happening because technology is getting sophisticated everyday. As VR market is expanding, their tools are also getting more advanced and revolutionary.
We are actually heading there and innovation cant really be stopped which means advancement is inevitable but it would surely takes time but we are gradually seeing these adoption.
It is really just a matter of time before such big changes on the industry but for now we should really deal on what we do have but be welcoming on what
might be the possible changes that might be ahead.

R


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February 04, 2022, 03:18:13 AM
 #358



- 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?



Adoption will continue Crypto casinos will eclipse fiat-based and physical casinos and metaverse will be integrated into the gambling casinos, we have seen it happening right now and the gambling industry revenue will double because gamblers will prefer playing in Cryptocurrency based casinos because of its anonymity and transparency in the blockchain, there will be more partnership and top casino cities will embrace and set up online Cryptocurrency casinos and will forge partnerships.

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February 04, 2022, 03:46:28 AM
 #359

It will end sooner or later, no doubt about that, but I think we can expect around 10 years more for it to last. Will NFT games replace all the other games, is not a question. Surely, it will never happen. The question is, what percentage of the current gamers may switch to NFT games? Will the whole gaming industry be turned on its head because of NFTs, as NFT supporters like to say?

Partially it will roll over (at least I hope so). I see a lot of downsides to NFT, but the situation in traditional games is even worse - I really don't like that when you buy a character/item you don't own it. According to any TOS, this character/item is fully owned by the developer, and you just bought a license to use it. It looks a lot like a scam, but that's the reality of things now. I hope the NFT fixes this.

What is the point of it? I have no idea, but if that is the case, then why are people buying it if you have only purchased it for licensing purposes? I believe you legitimately own it because you purchased it, but if the developer is a con artist, they could easily take it away from you. The way it usually works is if you read the Terms of Service, the dos and don'ts are usually listed there, and owning something is considered publicity because there is a transaction code as proof. Obviously, it isn't worth it if this is the situation.

There is really no point.

People hype up the NFT concept in the gambling space way too much, when in reality there is very little usage case for it outside of being a loyalty token.

Metaverse gaming right now is simply unattainable with the high gas fees that you'd have to pay. We need to be very realistic about this.
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February 04, 2022, 04:56:49 AM
 #360

The next big thing for the industry has to be casinos in the metaverse right? I’m sure every casino on the Vegas strip has a room full of coders slapping together the framework for their own metaverses. Virtual reality tech has gotten to the point where things like Walmart’s demonstration of their metaverse will be a reality for every big company. Gambling seems like one of the more obvious beneficiaries of this move and I think it will become a major use case for crypto in 5-10 years.

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