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*Technology Trends In Casino Industry History
*The Casino IndustryTechnology Trends In Casino Industry History
RFID, or Radio Frequency Identification, is the name given to the technology that allows casinos to automatically track the labels attached to casino chips. It may sound a little strange, but with this tech development casinos are able to know the exact whereabouts of each and every one of their chips, meaning they can be deactivated at any time. Nov 22, 2019 Latest Tech Trends In The Gambling And Casino Industry November 22, 2019 by kevinwilkerson Leave a Comment The authors of Blockchain Revolution (2016) maintain that blockchain technology is an imperishable digital block that records financial transactions as well as everything else of value. During October, the gambling industry congregates amongst the bright lights and non-stop action of Las Vegas for the Global Gaming Expo (G2E), an annual convention where the newest gambling games and technologies are showcased. Many exhibitors are established brands in the gambling industry, while others are trying to break grounds in the market.The Casino Industry
Not so while ago, hardly anyone would venture to connect the newest technology trends with the wheel of fortune, let alone casinos. People are born (not to say programmed) to trust human contact, rather than trusting machines. One look into a person’s eyes can reveal a whole lot more than a look at a machine, right? So, what is it that actually brings technology and the casino industry together? Following are some of the most notable trends in the casino industry today.1. Online vs traditional gamingOnline casinos have been accounting for more and more betting in general today. While people are usually shy about online betting, early adopters have been setting an example for quite some time, so to speak.The first question any gambler will ask themselves is “is it safe”? That is why so many casinos are investing in various safety measurements, such as programs for detecting and removing spyware, malware, viruses, Trojan horses and other harmful software. Indeed, malware removing technologies are probably the future of any online casino as trust is key to a gambler selecting a particular online casino. Related to this, even sites that promote casinos, such as those that offer promotional codes for particular brands, such as promotionalcode-nj.com, also need to have in mind privacy and security issues, as much as the casinos they represent.2. Larger rewardsWhile first online casinos offered lower win rates (the amount of money paid out for a certain gain), this trend has gradually been changing as more online casinos emerge, and more people try their luck online. While win rates were as low as 60%, today most of the casinos offer 80-20 or even 90-10 ratio. Moreover, more and more casinos are putting this information in blind sight, whereas until recently they hid their 60-40 ratio in small print. So, if you are a gambler or intend to become one, this is really some nice news for you!3. Stricter advertisement policyOne of the most dangerous things about online gambling is casinos targeting vulnerable groups. We often hear about sensitive information leaking online, and gambling industry is no exception. However, more and more resources are spent for detection and prevention of such targeting online. Strange as it may sound, more and more gambling sites forbid betting advertisements, and instead offer gambling therapy in various forms (hotlines, therapy sessions, and the like). One must not forget that gambling can become an addiction just like any other, which is precisely why people on the recovery are the last that should be targeted by any gambling website.4. Smaller stakesTraditional casinos did not use to limit their clients’ stakes. The rule was the more, the merrier. However, that brought a lot of problems to casinos and gamblers alike. That is why today most online casinos limit their clients’ stakes.5. Live gamblingLive betting as we know it has been with us for quite a while now. However, it has been changing along with the newest technological developments in the casino industries. What once held true for traditional live betting (usually sports betting) holds true for online casinos today, so you may gamble real-time with a bunch of people you actually do not know.In conclusion, the casino industry has been changing incredibly fast, and along with it the technology that accompanies it. That is why it is very important for people to follow the new trends so they can keep up with the change.
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