What will be the next big industry move?

[AicecreaME]

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 

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.

[1715029651]

1715029651

[1715029651]

1715029651

[1715029651]

1715029651

[1715029651]

1715029651

[1715029651]

1715029651

[1715029651]

1715029651

[harizen]

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.

[traderethereum]

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.

[KTChampions]

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.

[Alanaz]

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.

[Cling18]

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 

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.

[wxa7115]

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.

[savetheFORUM]

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.

I agree and there are several advantages that a online gambling site has as compared to a real life local casino

- Ability to make smaller bets .. you cannot make penny bets in the real casino
- Customized perks .. which at least I hardly got playing in the local casinos
- Withdraw at will .. let's be honest how many of us actually win at a real casino? I don't think many of us because we would gamble it away on some game by time we are done

The only thing that's missing from online casinos is the authentic feeling you have in a real casino!

[lixer]

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 feel like decentralized gambling is a huge move in itself, I mean we can verify our bets now using the provably fair algorithm which is insane. Sometimes I feel that fiat casinos are missing a trick by not implementing these games because it brings more trust towards the casino. What stops the casino from cheating a player on slots? Nothing!

[Darker45]

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.

Perhaps it is more possible with the use of third party payment service providers. I guess a gambler in a brick and mortar casino could already swipe his Visa or Mastercard Bitcoin or crypto debit card. So it is also very possible that Bitcoin bets will be accepted in the near future but could also be processed in fiat first. So one could place bets in Bitcoin but the amounts to be registered in the casino books are in fiat value. The payout could also be made in Bitcoin.

[Fatunad]

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.

Perhaps it is more possible with the use of third party payment service providers. I guess a gambler in a brick and mortar casino could already swipe his Visa or Mastercard Bitcoin or crypto debit card. So it is also very possible that Bitcoin bets will be accepted in the near future but could also be processed in fiat first. So one could place bets in Bitcoin but the amounts to be registered in the casino books are in fiat value. The payout could also be made in Bitcoin.

There are actually fiat casinos now that accepts bitcoin but of course there would be some conversions would really be needed on fiat basis for you to play but for those sole crypto gambling platforms which do accepts coins
then there wont really problems about big industry move then no one really knows on what would next but we are really heading there whether there would be integrations which is much more simplier
concept or would be totally hard.
Lets see on how things would go on this years to come which is always uncertain.

[michellee]

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.

I agree with this as the new technology will invent inside crypto, impacting the gambling industry and gambling itself can evolve into a new thing. We already see VR technology and although it still needs to develop further, it will not stop but will grow more in the future. But whether if that is legalized or not, people will still come to the gambling industry because they still see that gambling can help them make money. If in their country gambling is prohibited, some of them will find out how to still play gambling.

[Reid]

I watched one episode of Trevor Noah talking about the gambling industry in the USA 2020. It was said in the news that it grew exponentially and more states are accepting the gambling industry with open hands.
$6.8B worth of bets and that report was on 2020. How far could it be now when you add the boring life given by Covid-19 to the people.
New Yorkers who are not allowed to bet that time using an application which I will not mention will ride a train to New Jersey just to put their bets then back to their place. That's how far they would go for it.
I think they already made the next big move. Smartphone application to make it accessible to anyone.

[johhnyUA]

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

Gambling (the same as online gaming) has been boosted mostly thanks to Covid quarantines. I think that after vaccination and re-opening of airplanes we will see in one hand boost of offline casinos (compare to 2019) and some decreasing in online gambling. So, i think that everything will left the same. Maybe with a little growth.

[famososMuertos]

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.

Well there the matter many governments do not allow players from other countries there the regulation in which they can collect the respective taxes, the licenses are delivered conditional on that, only players with residence in the country, it is not something new by the way, countries like Spain for example they have made the casinos have access only to local players that has made them have to make exclusive casinos for these countries, if the market is worth it they have made the move.

[ajochems]

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.

Many new companies get into gambling and casino industry. The reason is the huge profit in a short period.Some people not look whether it's authorised one.Instead they check only the profit percentage.It's essential one for their investment. Apart from loss, the look on the profit.Profit  sounds greater than a loss all the time.

[Saisher]

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?

There's so much talk about virtual casinos and it's receiving positive feedbacks coming from the gambling community, gamblers and gamers are always on the look for something that will able them to feel the game and virtual is one of the things that will bring this experience, I'm sure more casinos are coming and more casino based token will be created after the success of BFG token.

[bbc.reporter]

- 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.

Agreed and the casinos and sportsbooks in the cryptospace has the advantage of moving their roadmaps more easily to include and consolidate NFTs and Gamefi than their competitors in the traditional gambling industry. I speculate in 10 years, it might be the gambling websites in the cryptospace will be the biggest in the world.

[Oshosondy]

- Regulations on gambling are clarified and old laws reinterpreted 

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

Quite funny. Even no fear of advertising online gambling sites in a way even kids and children below 18 will be exposed to their ads. I couldn't believe there was once an opposite law about online gambling before.

- In 2019, Disney generated around 55B. The gambling industry 59B.

Even Disney data will be more accurate compared to the data from overall gambling industries, there will be some gambling sites that their data will not be among.

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

There is nothing much than the number of people that are gambling will increase.

[coin-investor]

I think with the further development of blockchain technology and meta universes we will see more and more online casinos where AR/VR can be used and all bets in the game will be fully verifiable with smart contracts and Oracles. The idea is that this should attract even more people to gambling.  

The gambling industry is getting better every year, the introduction of Cryptocurrency in gambling makes things easy for online to be even more popular, and with the new innovation now like the virtual casino and metaverse it will take online gambling to a new height I expect many more casinos opening, launching an announcement here because the gambling industry is a multi-billion dollar industry,