What will be the next big industry move?

[FatFork]

that's true FatFork!

I wonder what innovations we'll see on the next years in the sector.

It's hard to tell. If I knew that, I would probably already be working for a prominent casino's R&D department. 

How hard it is to create an online casino? Probably easier than a crypto exchange I'd guess?

That's a good question. I guess there are several challenges. To begin with, one needs to learn how to code. A good casino software solution must involve a complex cryptography and security layer. There are quite a few online casino solutions in the market but not all are well-designed and have all the right features. Additionally, a good gambling casino must also have a good liquidity on the bank's part. That is the only way to ensure that your online casino runs smoothly.

do you know how many people work on online casinos like roobet and duelbits?

Honestly, I don't know. My guess would be at least one good team of programmers, an enthusiastic marketing team, and a support team. Probably a team of people in the legal department as well.

[iv4n]

^

It seems to me that online casinos have more prospects for development. Land-based casinos are a kind of conservative approach to gambling in which it is not so easy to integrate new technologies. Online casinos, unlike land-based ones, can be very quickly adapted to new technologies.

Physical casinos will give you the best entertainment if you are looking for real fun. When you are in a casino, it's not that you only gamble, you can also enjoy getting drunk and to meet people there, while in online casinos, everything is just virtual, you can gamble and enjoy but not as entertaining in physical casinos, that's why they still survive and still very profitable.

And that is why you will most probably gonna spend more on a physical casinos rather sitting inside your room playing online casino. Especially when your drink and eventually became drunk, you'll most probably going to end up excessively spending out of your budget lol.
Well, that's how you define leisure with gambling anyway, it always involves money, liquors, and ladies. That is how casinos has built all over the world.

That's the thing... we are talking about the next big industry move but we don't discuss will it happen in some land-based casino or in some online casino!? Possibilities are not endless, land-based casinos can offer totally different experiences compared to online casinos... I think we all agree with that! With metaverse (when that becomes globally available) maybe there's something interesting that will be a big boom, but big question is how close/far is that?
 
I have a question, what can be the next big thing in land-based casinos?! If metaverse becomes reality land-based casinos will have to find something to attract people, what can that be?

[coolcoinz]

I feel like Physical casinos are going to slowly disappear. It can take another 50 years or so, but eventually online gambling will take over completely just like online gaming is taking over. Nowadays people prefer to play social games like poker via computer which tells a lot about the direction in which the industry is going.
30 years ago people weren't ordering food online or gambling online. All they were doing was chatting with people and sending emails, Now you do everything online: date, gamble, get food, play games, have video conferences with people, watch streams and movies, work. This is winning because people are lazy and prefer to gamble in their underwear eating pizza than ding it in a crowded casino. Also, covid doesn't make physical casinos more popular.

[passwordnow]

Yeah, it's true about a major upgrade. But the players don't have any choice if that certain casino has to do it as it is what they're seeing needed to happen.
Trying something new, with some twists that everyone might be happy about it will certainly going to happen for some casinos. Anyway, it might not happen for most of it.

Those who use the casino as their favourite casino will follow the major update while searching for the other casino that still uses the old way or does not implement the newest technology. But the major update can make them curious to see what is different from the previous so they can stay for a while and see if they like or not. If they do not like it, they will move to the other casinos where they are comfortable playing gambling.

The question is, what is that new technology that they should apply? The most common answer will be VR technology. It's a good and adaptable technology and it can be adopted by most casinos.
But it's true that there will be that won't be ready to adopt it and doesn't see the special thing within it.
And maybe, eventually, there will be more of these casinos that will just ignore it if there's no real demand on it.

[TimeTeller]

Yeah, it's true about a major upgrade. But the players don't have any choice if that certain casino has to do it as it is what they're seeing needed to happen.
Trying something new, with some twists that everyone might be happy about it will certainly going to happen for some casinos. Anyway, it might not happen for most of it.

Those who use the casino as their favourite casino will follow the major update while searching for the other casino that still uses the old way or does not implement the newest technology. But the major update can make them curious to see what is different from the previous so they can stay for a while and see if they like or not. If they do not like it, they will move to the other casinos where they are comfortable playing gambling.

The question is, what is that new technology that they should apply? The most common answer will be VR technology. It's a good and adaptable technology and it can be adopted by most casinos.
But it's true that there will be that won't be ready to adopt it and doesn't see the special thing within it.
And maybe, eventually, there will be more of these casinos that will just ignore it if there's no real demand on it.

The demand will be seen once one of the crypto casinos here will offer this kind of gambling experience.
We know for sure that at first, this will not be cheap. So only few players can afford to play this kind of gaming.
But if there will be demand, and casinos will see this as profitable in the long run, I believe, the price will decrease by time.
For now, gamblers are just grateful that we have crypto casinos now, where they have the option to play with casinos having no kyc requirements.

[DoublerHunter]

Yeah, it's true about a major upgrade. But the players don't have any choice if that certain casino has to do it as it is what they're seeing needed to happen.
Trying something new, with some twists that everyone might be happy about it will certainly going to happen for some casinos. Anyway, it might not happen for most of it.

Those who use the casino as their favourite casino will follow the major update while searching for the other casino that still uses the old way or does not implement the newest technology. But the major update can make them curious to see what is different from the previous so they can stay for a while and see if they like or not. If they do not like it, they will move to the other casinos where they are comfortable playing gambling.

The question is, what is that new technology that they should apply? The most common answer will be VR technology. It's a good and adaptable technology and it can be adopted by most casinos.
But it's true that there will be that won't be ready to adopt it and doesn't see the special thing within it.
And maybe, eventually, there will be more of these casinos that will just ignore it if there's no real demand on it.

^ The possibility of gamblers that don't adopt new technology games is that it requires an additional amount of capital just to purchase VR gadgets to use. You cant gamble through VR if you don't have this stuff which is additional expenses to the gambler that supposedly their capital.
You are right, there is a possibility that this new technology did have cath the interest of the gamblers. However, on the other side, I am thinking about what if this will become a trend in the gambling industry soon and most gambling casinos also adopt this new technology.

[BitcoinAccepted]

Now that Corona has passed, software companies will be more motivated to apply innovations with new innovations. The situation with the war now in Ukraine could also have an influence, as a lot of cooking is done in Russia and many of the gambling site companies are located in Russia. The next move is unpredictable, companies can come up with all kinds of innovations. But it would be online I think.

[Wexnident]

The question is, what is that new technology that they should apply? The most common answer will be VR technology. It's a good and adaptable technology and it can be adopted by most casinos.
But it's true that there will be that won't be ready to adopt it and doesn't see the special thing within it.
And maybe, eventually, there will be more of these casinos that will just ignore it if there's no real demand on it.

But it's not worth the money for most users. VR is simply for letting you experience or view stuff from an irl perspective, but that's about it. Games would benefit more about it than gambling really. The process of gambling wouldn't really be changed, but providers would probably need to create something unique and great to actually use the capabilities of VR to their advantage. Probably a new way of enjoying gambling or something. At the moment, only table games such as poker or blackjack really benefit from VR, and it's not by much.

[kaya11]

This is winning because people are lazy and prefer to gamble in their underwear eating pizza than ding it in a crowded casino. Also, covid doesn't make physical casinos more popular.

Not only they are lazy but also afraid of losing their winnings. There are people whose nature are evil and do everything just to earn including robbery. So and edge of playing online is a factor that they don't come to physical interactions just to play poker and the likes. When I was younger I used to gamble in different places, explore even in the suburb places, even to the slum part of our community where lurking eyes are visible because you've won in the game. That feeling puts me unease and told myself one day I ain't gonna make it alive when I continue this so I stopped going to go gambling in different unknown places. The time flies fast and look how it is now in terms of gambling, you could win without worrying about being hijacked on the way home, it feels safer.

[famososMuertos]

I feel like Physical casinos are going to slowly disappear. It can take another 50 years or so, but eventually online gambling will take over completely just like online gaming is taking over. Nowadays people prefer to play social games like poker via computer which tells a lot about the direction in which the industry is going.
30 years ago people weren't ordering food online or gambling online. All they were doing was chatting with people and sending emails, Now you do everything online: date, gamble, get food, play games, have video conferences with people, watch streams and movies, work. This is winning because people are lazy and prefer to gamble in their underwear eating pizza than ding it in a crowded casino. Also, covid doesn't make physical casinos more popular.

I don't think such a thing will happen, that casino games as we know them will disappear,   people will always want to be in spaces that satisfy that social need and among those are the spaces dedicated to casinos.

They are also from the private industry that contribute the most taxes in most cities where they are located, job offers, etc. There is a lot of interest associated not only with regard to the world of betting, even real estate takes its cut.

[pieppiep]

The question is, what is that new technology that they should apply? The most common answer will be VR technology. It's a good and adaptable technology and it can be adopted by most casinos.
But it's true that there will be that won't be ready to adopt it and doesn't see the special thing within it.
And maybe, eventually, there will be more of these casinos that will just ignore it if there's no real demand on it.

VR technology is the closest to the situation in the gambling industry. However, for the equipment, it's probably still very expensive and only people who have a lot of money will be able to afford it. Gamblers who don't want to see technological developments will not be ready to see the latest technology released by casinos but they inevitably have to follow suit. But they also have another option: they can move to a casino that has not implemented VR technology. But don't worry, because VR technology is still not widely developed, we can still play gambling as we are used to.

[Smartprofit]

I feel like Physical casinos are going to slowly disappear. It can take another 50 years or so, but eventually online gambling will take over completely just like online gaming is taking over. Nowadays people prefer to play social games like poker via computer which tells a lot about the direction in which the industry is going.
30 years ago people weren't ordering food online or gambling online. All they were doing was chatting with people and sending emails, Now you do everything online: date, gamble, get food, play games, have video conferences with people, watch streams and movies, work. This is winning because people are lazy and prefer to gamble in their underwear eating pizza than ding it in a crowded casino. Also, covid doesn't make physical casinos more popular.

In my opinion, offline casinos will not disappear completely. 

Off-line casinos will become elite casinos.  In such casinos, sheikhs, Wall Street businessmen, wealthy adventurers and other wealthy people will play poker and roulette.  These casinos will have a strict dress code. 

Probably, in order to get the right to play in an elite off-line casino, you will need to pay a solid monetary membership fee annually. 

At the same time, online casinos will be available to everyone.  Everyone who has a computer or smartphone will be able to play in the online casino.

[izsara]

The question is, what is that new technology that they should apply? The most common answer will be VR technology. It's a good and adaptable technology and it can be adopted by most casinos.
But it's true that there will be that won't be ready to adopt it and doesn't see the special thing within it.
And maybe, eventually, there will be more of these casinos that will just ignore it if there's no real demand on it.

But it's not worth the money for most users. VR is simply for letting you experience or view stuff from an irl perspective, but that's about it. Games would benefit more about it than gambling really. The process of gambling wouldn't really be changed, but providers would probably need to create something unique and great to actually use the capabilities of VR to their advantage. Probably a new way of enjoying gambling or something. At the moment, only table games such as poker or blackjack really benefit from VR, and it's not by much.

Indeed, from this fact, it is actually only to be a facilitator, but indeed if we say it is for profit and loss, of course for gamblers who don't really do well, it will only make this a double loss.
VR is only a facilitator and gambling, there will still be profits and there will also be losses and most of them will lose and it depends on the ability of each person

[passwordnow]

The question is, what is that new technology that they should apply? The most common answer will be VR technology. It's a good and adaptable technology and it can be adopted by most casinos.
But it's true that there will be that won't be ready to adopt it and doesn't see the special thing within it.
And maybe, eventually, there will be more of these casinos that will just ignore it if there's no real demand on it.

VR technology is the closest to the situation in the gambling industry. However, for the equipment, it's probably still very expensive and only people who have a lot of money will be able to afford it. Gamblers who don't want to see technological developments will not be ready to see the latest technology released by casinos but they inevitably have to follow suit. But they also have another option: they can move to a casino that has not implemented VR technology. But don't worry, because VR technology is still not widely developed, we can still play gambling as we are used to.

Not really that a lot of money. It's going to be affordable for most of the demand hits it. When there's really the demand for that headgear for the VR application, it will drop in prices and everyone will be able to avail it just like the smartphones that we have. Due to the demand of it, now, everyone is able to avail it. Regardless of the country that you're living in, you can save for it and buy it if you really want to have it. And being a gambler, doesn't have money to pay for that experience? You have money to gamble but you can't afford that, well, it's subjective and if you're not into it even if you have money, you won't purchase.

[Lordshiva]

Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

[Lanatsa]

Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

We've seen some 3.0 as of this moment but have you ever think off that it could be possibly done earlier but still most casinos do still stick out into those traditional ways?

No one really knows on what the actual reason but for sure they would rather prefer out on sticking than on totally switching to 3.0 but lets see on how they would be taking those things.
We don't know on where the industry would be possibly be going but at least we do have some hints and glimpse on whats the current trend that we do have.

[StLucifer]

We have seen the latest breakthrough in gambling with the development of the Internet. Meta universes are a huge prospect to make a new breakthrough in the gambling industry. Have no doubt that the gambling industry giants as well as the technology giants will follow the trends that bring us new technologies. The gambling industry has a lot of money that will be used to attract new players and improve the experience of existing players.

[alpamar99]

Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

We've seen some 3.0 as of this moment but have you ever think off that it could be possibly done earlier but still most casinos do still stick out into those traditional ways?

No one really knows on what the actual reason but for sure they would rather prefer out on sticking than on totally switching to 3.0 but lets see on how they would be taking those things.
We don't know on where the industry would be possibly be going but at least we do have some hints and glimpse on whats the current trend that we do have.

I think it depends on the Strategy applied. Indeed, for some casinos that already have regular customers there don't really take into account whether it's traditional or modern because there are already a lot of regulars there and indeed those visitors are very confident in the casino so they don't really care whether they play traditional or modern for sure. they are satisfied with the service and others.
But on the other hand, actually with this 3.0, casinos have to be smart to make good promos so that they can add visitors and make competitiveness between competitors alive.

[STT]

Meta is already here with us, it doesnt have to actually be 3D or virtual world just digital economy items that only exist within the sphere of that game or universe construct that is a real thing now.   I was making sports bets using meta items back in 2014 onwards so its certainly a very in demand thing for similar reasons to why crypto is so in demand globally, we have very weak currencies and its not hard even for a virtual worth Meta item to have the value that can involve gambling on game outcomes of sports or casino etc.
   It will be a thing, Ive done very similar type activities and it was so popular the game maker feared the gambling business was taking over their game, lots of demand for sure.

[madnessteat]

Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

In any case, regulators will find leverage on decentralized gambling sites. A good example is the story of Uniswap when they had to exclude some assets from their "decentralized" trading platform due to questions from regulators.