If technology was an individual, they would have been impressed with their own abilities and the fact that people cannot stop singing their praises. We have always slid with technology as it helps us showcase the true potential of a particular aspect and bring us out of problems. The different solutions that it provides are not specific to any one industry and thus the gambling industry can also be grateful for all that it has provided.
Technology has managed to change gambling and turn things around for good. But how has it been able to do so? Well, it’s time to find out.
The Age of the Internet
The introduction of the internet was an important move that made drastic changes and helped the gambling industry become a big deal. While 1983 is known as the year that showcased the internet to the world, it started shaping the gambling industry only in 1998. Betting shops, that were legal, began finding problems with their handling of business and started finding solutions with the potential that the internet put forward.
Betting soon became online betting and sites began to flourish in an instant. The idea caught on and people started observing online betting rather than heading out to a shop to place bets. Rising revenue from online betting made matters all the more interesting and everyone was glad to see a new wave emerging from the gambling industry.
Exploring the Differences
The emergence of the internet in the gambling industry did not immediately place a halt on offline gambling. It did, however, create differences and those differences were some of the main reasons why people began to make the shift. While dressing up and visiting a casino was the traditional way to gamble, sitting within the comfort of your home and gambling via an active internet connection was also considered a way to gamble.
While it wasnt impactful in 1998, it is definitely impactful in the modern era of gambling. And one of the main reasons for the same is how convenient gambling has become. With the differences between online and offline gambling being visible, many went on to understand how easy it was to gamble online. So once the differences caught in, online gambling and betting was the feasible option.
Smartphones and Mobile Casinos
Time and technology are not constant. They tend to change and if websites created an impact on gambling, smartphones made it all the better. The launch and advancements in mobile technology not only brought forward a phone casino but also introduced terms like gambling-on-the-go. Today with improved forms of online betting and gambling, we can use our smartphones to place bets, live stream games and do a lot more.
The advancement in mobile phones that led to opening the door towards smartphones is one of the main reasons behind this technological elevation. With mobile gaming creating a huge impact, it was only a matter of time before gambling developers decided to bring their games to the App Store or the Play Store. Thanks to that, we can now download gambling games and online casinos and start gambling on the move.
The Inclusion of Virtual Reality
Gambling technology may never stop revolving and if smartphones did the trick for good, the future or specific aspects of the present can do the same with Virtual Reality (VR). The inclusion of VR into the gaming industry was a big hit and thanks to that, bookmakers can now offer a ton of opportunities for gamblers who want something more than the ordinary form of gambling.
Virtual games with stunning design and graphics clearly get the ball rolling and if you have ever played one of these games, you will always want to get back and experience it again. By offering a realistic gaming experience, VR has taken us to a whole new level and by doing so, it has actively managed to help us discover the future of online gambling.
Payment Options, Security & Blockchain Technology
While online casinos or mobile casinos began to take shape, there were also concerns about payment options and online security. Both these aspects brought forward their own set of problems and it was important that somebody find a solution for the same. Sooner or later, we were brought closer to a solution and it was one that worked.
Today, online casinos use encryption innovation to encode the financial information of a client and make it hard or impossible for anyone else to access it. While specific problems are still a part of the larger picture, the move has made significant changes that are beneficial.
With the aspect of security being tightened and the growing world of blockchain technology being highlighted, it was inevitable for the latest forces of gambling to ignore the latter. Numerous casinos thrive on Bitcoin and move ahead to carry forward business with ease. They have not only used the technology for good but have also turned it into an important tool for gambling.
Conclusion
By now, you would have understood how technology has changed gambling and made it all the better. From improving the online gambling experience to enhancing the aspects of customer service, technology has certainly played an important role in the advancement of gambling. Since it continues to dominate, you can expect the future to bring in more changes and take gambling to a whole new level.
Hence, technology has effectively changed gambling and will continue to do so for years to come.
Disclaimer:
- As per the Public Gambling Act of 1867, all Indian states, except Goa, Daman and Sikkim, prohibit gambling
- Land-based casinos are legalized, with certain guidelines, in Goa and Daman, as per the Goa, Daman and Diu Public Gambling Act 1976
- Land-based casinos, Online gambling and E-gaming (games of chance) are legalized in Sikkim under the Sikkim Online Gaming (Regulation) Rules 2009
- Only some Indian states have legalized online/regular lotteries as per and subject to the conditions laid down by state laws. Kindly refer to the same here
- Horse racing and betting on horse racing, including online betting, is permitted only in a licensed premise in select states. Kindly refer to the 1996 Judgement by the Supreme Court Of India here and for more information
- This article does not endorse or express the views of Qrius and/or any of its staff.
—