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Author Topic: What will be the next big industry move?  (Read 4702 times)
Lucasgabd
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March 25, 2022, 12:42:19 PM
 #781

Perhaps a new anti-trend will emerge. 

Online casinos with increased anonymity and privacy will be created.  There are a large number of players who fundamentally do not want to go through KYC.  Such players may give up gambling altogether, unless new online casinos with increased anonymity and privacy emerge. 

Some players like openness and transparency.  Other people value anonymity and privacy. 

It is possible that new online casinos with increased privacy will be created based on the Monero and Tari networks.
I think that as bitcoin becomes more and more popular and it can be used to buy all kind of products and services then the more we will be able to regain our privacy, after all most casinos have to accept KYC policies because they have to eventually to convert their coins to fiat in order to pay for the costs of running a casino, but we will get to the point they will not need to convert their money at all and their dependence on fiat will end, which will allow them to avoid fiat completely, enhancing the privacy of their clients as they will not need to enforce KYC for every single thing as we see some casinos doing today.

Currently, the global financial system is in the process of transformation. 

Traditional fiat money is depreciating.  World inflation is very high.  The US dollar is losing its status as the main world reserve currency. 

There is an active process of creating central bank digital currencies (CBDC).  Large IT companies are also actively creating their own funds. 

What currency will online casinos use in the future (bitcoin, CBDC, stablecoins or fiat money)? 

I don't have a definitive answer to this question.

even if many fiat currencies end up hyperinflated some countries will probably create a new currency or push their CBDCs, I think we'll have casinos with both as it is today, CBDCs or fiat-based currencies and crypto including stablecoins


do you think there's still space for more players to come to this industry and compete?
seems like a hard industry to enter and with high barrier to entry at this point.
What players? the one that is planning to create a gambling site? there is still a space here and it will not be occupied easily. The competition for gambling sites has grown a lot but its still possible for a new site to get players because the players can jump from one gambling site to another and there's always new gamblers that will enter so they wouldn't care at all if they will play on a more older gambling site or to a new one.

yes, was talking about new competitors here.

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March 25, 2022, 01:29:51 PM
 #782

Perhaps a new anti-trend will emerge. 

Online casinos with increased anonymity and privacy will be created.  There are a large number of players who fundamentally do not want to go through KYC.  Such players may give up gambling altogether, unless new online casinos with increased anonymity and privacy emerge. 

Some players like openness and transparency.  Other people value anonymity and privacy. 

It is possible that new online casinos with increased privacy will be created based on the Monero and Tari networks.
I think that as bitcoin becomes more and more popular and it can be used to buy all kind of products and services then the more we will be able to regain our privacy, after all most casinos have to accept KYC policies because they have to eventually to convert their coins to fiat in order to pay for the costs of running a casino, but we will get to the point they will not need to convert their money at all and their dependence on fiat will end, which will allow them to avoid fiat completely, enhancing the privacy of their clients as they will not need to enforce KYC for every single thing as we see some casinos doing today.

Currently, the global financial system is in the process of transformation. 

Traditional fiat money is depreciating.  World inflation is very high.  The US dollar is losing its status as the main world reserve currency. 

There is an active process of creating central bank digital currencies (CBDC).  Large IT companies are also actively creating their own funds. 

What currency will online casinos use in the future (bitcoin, CBDC, stablecoins or fiat money)? 

I don't have a definitive answer to this question.

even if many fiat currencies end up hyperinflated some countries will probably create a new currency or push their CBDCs, I think we'll have casinos with both as it is today, CBDCs or fiat-based currencies and crypto including stablecoins


do you think there's still space for more players to come to this industry and compete?
seems like a hard industry to enter and with high barrier to entry at this point.
What players? the one that is planning to create a gambling site? there is still a space here and it will not be occupied easily. The competition for gambling sites has grown a lot but its still possible for a new site to get players because the players can jump from one gambling site to another and there's always new gamblers that will enter so they wouldn't care at all if they will play on a more older gambling site or to a new one.

yes, was talking about new competitors here.

Gamblers regardless of being new or old in the industry will always have different perspectives when it comes to anonymity and we can't blame their preferences and personal reasons. However, the emergence of crypto gambling will surely continue and develop in time and we must expect that new coins and even games will exist to make things more exciting, especially for new players.
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March 26, 2022, 04:49:34 PM
 #783

One of the big moves we see right now is more and more celebraties to work together with casinos and promote them. This trend will likely grow more and more thus year. For me it's a good way for advertising in today's time. ...

That is absolutely true, the new media - which is no longer that new anyway - offers a chance to use influencers of all spheres to promote the gaming and use their clout to provide some reputational coverage to the sites. Beyond that, I wonder if the industry could also use the capability of internet to actually offer the chance to gamer of having some interaction with the influencers and gain more acceptance with it.

That's interesting, if gamer will be allowed to interact with influencers, especially those well-known names.

The chance to bring more people to the sites is very possible, as we know that some if not all gamer are also a fan of known personalities
giving them a chance to talk or to have some time with their favorite star will bring them to keep coming back.

Not sure, but that's a good way to give gamer / participant assurance that influencers are really playing and using the site/platform.
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March 26, 2022, 05:20:39 PM
 #784


This is very interesting, I start from the thought of the business model that is almost everything that moves in the world, when a casino of the level of stale.com looks for the best sponsors it is because it wants to be known worldwide, for example with Watford, in the Premier League, every time a player scores a goal, the first thing you see when they celebrate is "Stake.com" and that is seen by everyone worldwide, also the other thing that can be highlighted is that if you hire people like Adesanya and Drake it's because they represent and have a following, why not take advantage of that? of the Marketing that is invested that is paid only when so many people enter the casino, this will always be as they say: win-win.


Advertising is very important to any business. By bringing influencers to the site, the fans will follow and it's good for the business.

It's good to see that crypto gambling sites are doing their best to attract more gamblers. A good option if they choose not to go to the offshore

casinos and just wanted to play and enjoy in the comfort of their house. Not just a fiat based online casinos, but crypto gambling sites are also

rising and gaining gambler's interest.
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March 27, 2022, 09:22:35 AM
 #785


Currently, the global financial system is in the process of transformation. 

Traditional fiat money is depreciating.  World inflation is very high.  The US dollar is losing its status as the main world reserve currency. 

There is an active process of creating central bank digital currencies (CBDC).  Large IT companies are also actively creating their own funds. 

What currency will online casinos use in the future (bitcoin, CBDC, stablecoins or fiat money)? 

I don't have a definitive answer to this question.

Yes and I believe with that also mate that the global finance system is now in the process of transformation from traditional gold and fiat currency now were in digital world, and digital currencies are now in golden era. I don't know if it is right to say right now but let's think about it, in the current war situation between Ukraine and Russia we have heard a lot of news that people from the two countries are accessing a digital currency, buying cryptos because they know that crypto especially bitcoin is very good choice to divert their finances.

Yes, digital currencies have a huge advantage over traditional assets. 

The Russian government has accumulated huge stocks of gold bullion.  However, due to sanctions and border closures, all these assets are almost impossible to sell.  You can’t take a truckload of gold bars to the border with China to exchange them for xiaomi smartphones....

It is even more difficult to replenish a deposit with gold bars in an online casino. 

Bank accounts can be easily blocked.  With regard to them, it is easy to introduce various restrictions on the use of funds. 

Cryptocurrency is devoid of many of the disadvantages of traditional financial assets.

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March 27, 2022, 06:14:57 PM
 #786


Yes, digital currencies have a huge advantage over traditional assets. 

The Russian government has accumulated huge stocks of gold bullion.  However, due to sanctions and border closures, all these assets are almost impossible to sell.  You can’t take a truckload of gold bars to the border with China to exchange them for xiaomi smartphones....

It is even more difficult to replenish a deposit with gold bars in an online casino. 

Bank accounts can be easily blocked.  With regard to them, it is easy to introduce various restrictions on the use of funds. 

Cryptocurrency is devoid of many of the disadvantages of traditional financial assets.
easy to come by and easy to hide, cryptocurrencies assets prove to be for transactions, transfers and hoarding even P2P transactions are more convenient, the flow of funds can be free from taxes and even control from any party that is disturbing. fiat is still popular even though it only passes in 1 country or several offline exchanges in other countries that are in the office, you give a good analogy between goods, services, fiat and assets in cryptocurrencies I hope that with this there will be no funds flowing for any movement, dispute or action that is outside the individual. for daily needs transactions in any country and for personal interests I think I support that because I hope cryptocurrencies can be wise in managing them, especially influencers and any media, personal branding for the needs of the community

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March 27, 2022, 07:18:01 PM
 #787

Perhaps a new anti-trend will emerge. 

Online casinos with increased anonymity and privacy will be created.  There are a large number of players who fundamentally do not want to go through KYC.  Such players may give up gambling altogether, unless new online casinos with increased anonymity and privacy emerge. 

Some players like openness and transparency.  Other people value anonymity and privacy. 

It is possible that new online casinos with increased privacy will be created based on the Monero and Tari networks.
I think that as bitcoin becomes more and more popular and it can be used to buy all kind of products and services then the more we will be able to regain our privacy, after all most casinos have to accept KYC policies because they have to eventually to convert their coins to fiat in order to pay for the costs of running a casino, but we will get to the point they will not need to convert their money at all and their dependence on fiat will end, which will allow them to avoid fiat completely, enhancing the privacy of their clients as they will not need to enforce KYC for every single thing as we see some casinos doing today.

Currently, the global financial system is in the process of transformation. 

Traditional fiat money is depreciating.  World inflation is very high.  The US dollar is losing its status as the main world reserve currency. 

There is an active process of creating central bank digital currencies (CBDC).  Large IT companies are also actively creating their own funds. 

What currency will online casinos use in the future (bitcoin, CBDC, stablecoins or fiat money)? 

I don't have a definitive answer to this question.

even if many fiat currencies end up hyperinflated some countries will probably create a new currency or push their CBDCs, I think we'll have casinos with both as it is today, CBDCs or fiat-based currencies and crypto including stablecoins


do you think there's still space for more players to come to this industry and compete?
seems like a hard industry to enter and with high barrier to entry at this point.
What players? the one that is planning to create a gambling site? there is still a space here and it will not be occupied easily. The competition for gambling sites has grown a lot but its still possible for a new site to get players because the players can jump from one gambling site to another and there's always new gamblers that will enter so they wouldn't care at all if they will play on a more older gambling site or to a new one.

yes, was talking about new competitors here.

Gamblers regardless of being new or old in the industry will always have different perspectives when it comes to anonymity and we can't blame their preferences and personal reasons. However, the emergence of crypto gambling will surely continue and develop in time and we must expect that new coins and even games will exist to make things more exciting, especially for new players.

It is somehow expected that there would be few more changes in the online casinos in the few years to come as cryptocurrencies are continuously growing over the years and new trends will rose up too, casino's will be forced to keep up with the time and trends to keep their business alive and keep those people coming.
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March 27, 2022, 07:47:06 PM
 #788

That's what I thought, and it's true, playing in a traditional physical casino should not be compared with playing in an online casino.  
There is a completely different atmosphere, the air itself, the smell from the gambling tables, the audience, different sounds, and so on, all this creates completely different conditions and feelings for the players.  
And an online casino is some kind of parody of a real casino, or rather, it is a simplified version for those who like to sit at home and gradually lose their cryptocurrency or fiat.   Smiley
I recommend everyone to try a real casino at least once to feel the difference. Smiley

Online casino ain't a parody, you call it innovation. Especially during the rise of pandemic, casino owners needs to find a way to continue their business even with the current health crisis.
Well, I agree that physical casinos are better than online casino based on the player experience and atmosphere. However, it will always be the users preference on which casino he's comfortable with.
Right. It's more of an innovation that is designed to give you more convenience to gamble even at the expense of your home. Especially in times of pandemic, all entertainment are now played at homes for safety and security reasons. However, its still best to play in a traditional or physical casino because you can see your real opponents and the fear and the excitement to win or lose is really there, unlike for online casino where the atmosphere is quite boring. That is why most of the gamblers still want to go out from their houses so they can watch and play in a traditional casino.

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March 28, 2022, 08:54:33 AM
 #789

if gamer will be allowed to interact with influencers, especially those well-known names.

The chance to bring more people to the sites is very possible, as we know that some if not all gamer are also a fan of known personalities
giving them a chance to talk or to have some time with their favorite star will bring them to keep coming back.

Not sure, but that's a good way to give gamer / participant assurance that influencers are really playing and using the site/platform.
That's going to happen because drake will soon start his own stream. I saw that ad in stake. We know that in streams a fan or a follower can interact to those who are in streaming and for them to get noticed easily they can send gifts or use premium feature of the streaming site. I think drake haven't done something like this before? Streaming in public.

This thing is only possible because of stake. Partnerships from a known brand or personality usually happens on sports in real life but for online casinos and sportsbetting sites that are cryptocurrency based, they are still rare so indeed this can be the next big thing in this industry.

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March 28, 2022, 04:49:20 PM
 #790

if gamer will be allowed to interact with influencers, especially those well-known names.

The chance to bring more people to the sites is very possible, as we know that some if not all gamer are also a fan of known personalities
giving them a chance to talk or to have some time with their favorite star will bring them to keep coming back.

Not sure, but that's a good way to give gamer / participant assurance that influencers are really playing and using the site/platform.
That's going to happen because drake will soon start his own stream. I saw that ad in stake. We know that in streams a fan or a follower can interact to those who are in streaming and for them to get noticed easily they can send gifts or use premium feature of the streaming site. I think drake haven't done something like this before? Streaming in public.

This thing is only possible because of stake. Partnerships from a known brand or personality usually happens on sports in real life but for online casinos and sportsbetting sites that are cryptocurrency based, they are still rare so indeed this can be the next big thing in this industry.

Yes, partnership with well-known bloggers and TV presenters is very important for any online casino. 

Any casino needs advertising and PR.  Advertising allows you to attract new customers to your business.  PR allows you to draw attention to the company and its business. 

Such cooperation would be beneficial to both parties.  This is a typical example of symbiosis (which is very common in the animal and plant kingdoms). 

Many modern companies cooperate with bloggers. 

Why shouldn't online casinos do the same?

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March 28, 2022, 06:01:12 PM
 #791

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.
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March 28, 2022, 08:52:12 PM
 #792

Yes, digital currencies have a huge advantage over traditional assets. 

The Russian government has accumulated huge stocks of gold bullion.  However, due to sanctions and border closures, all these assets are almost impossible to sell.  You can’t take a truckload of gold bars to the border with China to exchange them for xiaomi smartphones....

It is even more difficult to replenish a deposit with gold bars in an online casino. 

Bank accounts can be easily blocked.  With regard to them, it is easy to introduce various restrictions on the use of funds. 

Cryptocurrency is devoid of many of the disadvantages of traditional financial assets.
And this is why decentralized cryptocurrencies are the future, governments are trying every single weapon they have at their arsenal to try to avoid this but they are realizing they cannot destroy them so they are trying to deceive the population by releasing their own coins, and while I think they will be somewhat successful in deceiving people, they cannot deceive us, and since those coins are based on the same ideas behind fiat then they will eventually fail giving decentralized cryptocurrencies the opportunity to become a real alternative to the fiat system.
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March 29, 2022, 06:02:08 AM
 #793

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.
This pandemic has made almost all businesses adjust to the situation and conditions. The presence of NFT and Metaverse is considered to be at the right time because it can provide entertainment or, more precisely, another way for people to earn income. And this is also seen by the gambling industry as a way to get more members and implement attractive programs to attract new customers. If they can be successful with the program, that means the income for the casino can go up and their number of members will also increase.

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March 29, 2022, 05:53:36 PM
 #794

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.
People have been used to be living in virtual world while we're at the pandemic and this sensation is going to stay I guess forever.

Relating to gambling and NFT/metaverse, it's the most common thought that you'll see if it's connected to gambling. But until now, only a few casino I've seen that are into it.

And majority of them stays traditional and don't have any word to say about the speculations that everybody has.

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March 29, 2022, 07:43:33 PM
 #795


Currently, the global financial system is in the process of transformation. 

Traditional fiat money is depreciating.  World inflation is very high.  The US dollar is losing its status as the main world reserve currency. 

There is an active process of creating central bank digital currencies (CBDC).  Large IT companies are also actively creating their own funds. 

What currency will online casinos use in the future (bitcoin, CBDC, stablecoins or fiat money)? 

I don't have a definitive answer to this question.

Yes and I believe with that also mate that the global finance system is now in the process of transformation from traditional gold and fiat currency now were in digital world, and digital currencies are now in golden era. I don't know if it is right to say right now but let's think about it, in the current war situation between Ukraine and Russia we have heard a lot of news that people from the two countries are accessing a digital currency, buying cryptos because they know that crypto especially bitcoin is very good choice to divert their finances.

Yes, digital currencies have a huge advantage over traditional assets. 

The Russian government has accumulated huge stocks of gold bullion.  However, due to sanctions and border closures, all these assets are almost impossible to sell.  You can’t take a truckload of gold bars to the border with China to exchange them for xiaomi smartphones....

It is even more difficult to replenish a deposit with gold bars in an online casino. 

Bank accounts can be easily blocked.  With regard to them, it is easy to introduce various restrictions on the use of funds. 

Cryptocurrency is devoid of many of the disadvantages of traditional financial assets.

I think most casinos will use a mix of fiat and crypto and both will coexist
but of course there'll be fiat only and crypto only as we see today

I heard an opinion for the first time last week, that the sanctions for russia marked a new era for the dollar, where the world saw that it may not be the best place to park assets, since it's not censorship resistant.

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March 29, 2022, 09:34:46 PM
 #796

Yes, the Russian government seeks to destroy the international financial system (by undermining confidence in international legal and financial institutions). 

I don't approve of this.  I believe that it is necessary to follow the path of evolution, not revolution. 

The traditional financial system is based on the petrodollar (the sale of oil and gas for US dollars).  China is promoting its currency - the yuan and the Chinese digital yuan (CBDC). 

Perhaps in the future, the yuan will be widely used to replenish deposits in online casinos. 

The weaker the US dollar, the stronger the Chinese yuan.

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March 29, 2022, 09:52:14 PM
 #797

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.
This pandemic has made almost all businesses adjust to the situation and conditions. The presence of NFT and Metaverse is considered to be at the right time because it can provide entertainment or, more precisely, another way for people to earn income. And this is also seen by the gambling industry as a way to get more members and implement attractive programs to attract new customers. If they can be successful with the program, that means the income for the casino can go up and their number of members will also increase.
Now that this pandemic starts to diminish then we couldn't tell if the interest would really be just the same but considering that tech do evolves and other things attached to it speaking with innovation then
expect that there would be always a market or demand into this even though it would not be an assurance on what level of  demand would able to reach out but much sure it would really be something to be
that anticipate or expect which will be resulting into positive feedback.

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March 30, 2022, 01:27:44 AM
 #798

Now that this pandemic starts to diminish then we couldn't tell if the interest would really be just the same but considering that tech do evolves and other things attached to it speaking with innovation then
expect that there would be always a market or demand into this even though it would not be an assurance on what level of  demand would able to reach out but much sure it would really be something to be
that anticipate or expect which will be resulting into positive feedback.
People's interest in following technology will always be there and they want to participate in it and that will happen to the younger generation who are curious about new technology. And it will make the market or demand will always be there for them and in that industry, even though the amount of demand will go up and down, it will attract people who don't know the details about the technology. Every industry is also always trying new things to satisfy the interest of its members and attract new members.

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March 30, 2022, 10:52:38 AM
 #799

Yes, the Russian government seeks to destroy the international financial system (by undermining confidence in international legal and financial institutions). 

I don't approve of this.  I believe that it is necessary to follow the path of evolution, not revolution. 

The traditional financial system is based on the petrodollar (the sale of oil and gas for US dollars).  China is promoting its currency - the yuan and the Chinese digital yuan (CBDC). 

Perhaps in the future, the yuan will be widely used to replenish deposits in online casinos. 

The weaker the US dollar, the stronger the Chinese yuan.

Previously it was profitable for the Russian government to sell oil for dollars which had a negative impact on the price of the ruble. Now that Russia has become cut off from most of the world economy and the dollar has become useless in the foreign market since the possibility of payment has been stopped it is beneficial for the government to strengthen the ruble. That is what we have been observing for the last week. This is quite logical action on the part of the ruble issuer to support the national currency.

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March 30, 2022, 01:16:59 PM
 #800

Yes, the Russian government seeks to destroy the international financial system (by undermining confidence in international legal and financial institutions). 

I don't approve of this.  I believe that it is necessary to follow the path of evolution, not revolution. 

The traditional financial system is based on the petrodollar (the sale of oil and gas for US dollars).  China is promoting its currency - the yuan and the Chinese digital yuan (CBDC). 

Perhaps in the future, the yuan will be widely used to replenish deposits in online casinos. 

The weaker the US dollar, the stronger the Chinese yuan.

have you watched Ray Dalio's video on the changing world order?
He seems pretty confident that the next empire to dominate the world will be China

Not all people agree with him, of course, some think we'll have a crypto standard
and others think the US will be able to remain on top, I think this is not the most likely cenario
we'll see

what do you think?

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