According to research by Statista, the gross gambling yield (GGY) in Great Britain has increased from approximately £8.4 billion in 2011 to around £14.4 billion in 2018. If we start hunting for the reason, technological innovation would appear at the forefront. At a time when the technological innovation is disrupting the functions across industries, for the casino, it’s not any exception, which is triggering this sharp rise in GGY with years passing. From advancement in slot machines to enhanced software and hardware security, the casino industry is making significant strides with latest technologies.
An increasing number of casino games emerging online are bringing in more players in this gaming space who play on their mobile devices. Other than transforming this virtual gaming platform into a reality-like environment, casino game developers are introducing technologies that would also secure the online space. Modern mobile devices are RFID-enabled and have GPS chips, and these technologies are also playing an essential role in securing online casino platforms. The online casino game developers are leveraging Augmented Reality (AR) on the gaming platforms to help the players enjoy a 360-degree gaming experience. AI and face recognition have entered the realm to render a personalised experience and high-level security. AI is also enabling the owners of online gaming platforms to analyse the actions of the regular players and provide them with assorted bonuses. This method not only enhances the user experience but also doubles the number of players on the gaming platform.
The presence of IoT has enabled the developers to monitor the players’ usage and satisfaction level. With IoT, developers can also provide feedback to the players if they sense a need for changing the gaming strategy. While blockchain technology is gaining traction and cryptocurrency is eventually superseding the traditional mode of currency transaction across industries, they are also present similar benefits in the online gaming space. Cryptocurrency enables both the casino operators and players to transact seamlessly and securely, omitting the fear of any legal or security complication. Superior encryption technology and a multi-chain switching or security layer of MPLS are also emerging in the casino industry to protect data while sending and receiving information. That’s not all; there has been a swell of support for wearable gadgets whereby players can access their favourite games seamlessly, on the move.
The opportunities in the world of virtual gambling technology are endless. To tap into these opportunities, scores of solutions providers in the market promise to assist casinos in their technology transformation. To aid organisations who are in search for the right solution providers in the industry, the editorial team at CIO Applications Europe, in conjunction with an illustrious panel of CEOs, CIOs, VCs, and industry analysts, has put together a list of the ten most promising casino tech solution providers in the industry. The list intends to help the banks find a trustworthy ally.
We present to you CIO Applications Europe’s “Top 10 Casino Tech Solution Providers 2019”.