With each new technological advancement, the gambling industry quickly adapts and embraces the change. Just by skimming through FanDuel casino games, you will see how dramatically different each game is and how they have embraced changing technologies.
However, tech isn’t the only industry change. This year we will see changes in all areas of the game.
- Online Casinos Will Beat In-Person Casinos
Since the pandemic, online casinos have been a hit. The entire population was stuck indoors, which means veteran casino users and bored new players only have one place to go – online.
Since then, the online casino industry has had a 15% increase in activity every year. Now we are at a point where brick-and-mortar casinos are secondary to digital alternatives.
Most gambling businesses have been moving online for the last couple of decades, but this switch means that all the innovation is focused on this gambling type too.
For 2023, we can easily see trends that highlight this prediction. More adverts are being shown, more games have been added to platforms, and more types of gambling games have come forward.
We will touch on these types later on.
- Live Dealer Games Will Dominate
Live streams have become a staple in all entertainment sectors. Podcasts, gaming shows, sports, and more.
The same can be said for dealer games. Originally these gambling styles came with large negative comments from critics, however, by the end of 2021, we saw those critics shrink away.
Live dealer games were dominating the industry, as thousands of people would watch and play together. It created a massive community and enhanced the atmosphere normally found in brick-and-mortar casinos.
With VR (virtual reality) becoming affordable, we are seeing more opportunities for live dealer communities too. We will talk about VR in more detail later, but the emphasis we want to focus on is community.
Live dealer games, in all formats, allow bettors to play among friends, develop new friends, and feel as though they are part of a community. This is why we believe live dealer games will continue to dominate.
- VR Gambling Will Explode
As we mentioned before, VR gaming has become more affordable in 2023. Now that more people are buying this technology and downloading games, we have seen a surge in interest from online gambling platforms too.
The current games available are slot games, and live dealers. For example, slot game rooms in the VR world allow players to talk as they game. You can look over at someone else’s screen as though you were in a casino. We can see that most gambling companies are focusing on card games such as blackjack or poker, as these games require a more social element.
At the moment 32% of US gamers wish there were more games in the VR world, and 24% of UK gamers have avoided buying the consoles through a lack of game selection.
This open market means that the online gambling industry needs to act fast to snap up potential customers before anyone else. Due to this surge, we expect the VR gambling industry to start with a bang this year!
- Crypto, Crypto Everywhere
Even though many people do not have cryptocurrency, the gambling industry has accepted that this digital option will grow in future years. Instead of staying on the back foot, most companies are ready to accept the change and have already started accepting cryptocurrency as a form of payment.
Some consider this a risky move, as many crypto banks are not certified. However, the gambling sites are aware of this issue. In 2023, we will see a leap in the acceptance of cryptocurrency, but only for established brands.
The idea is to avoid exchange rates and help those from different countries to play their games. This allows the industry to receive more clients and customers while only taking on a small amount of risk.
As always, most online companies will only accept debit, not credit, as this will prevent overspending.
- AI In Live Sports Will Create Instant Bets
AI is constantly evolving, but the mixture of Artificial Intelligence and Machine Learning means that fantasy games and live sports bettings can use algorithms to create amazing bets as the game progresses.
Although we have seen aspects of this technology before in 2023, we expect the results to be far quicker and more accurate than ever.
This means your early bet for a touchdown will be worth more once the touchdown has been completed. From there the bets will change again, but depending on how quickly the game moves, you could become the only winner on these quick-fire rounds.
This means sharing less of the prize pool depending on company policy.
You can also set up personal bots to place bets as they watch the game. This prevents human indecision or irrational decision-making.
Final Thoughts
We are halfway through the year, and already we are seeing these trends in full bloom. Instant bets have become a staple in the live sports betting industry, VR live dealer gambling is starting to take off, and crypto has had a new surge of interest due to the gambling industry.
