How the Casino Industry is Impacted by Technology
There’s no doubt about it, but technology has had an enormous impact on industries around the world, so it’s no surprise to find out that the casino industry has been one of the most impacted over the last decade, and it continues. We usually associate gambling and casinos with Las Vegas, but the casino industry has far-reaching branches in every corner of the world. The technology of ‘bots’ which are autonomous internet programs and can interact with systems or users, especially ones designed to behave like a player in some video games. The changes are becoming more and more evident to players, like how in most casinos the RNG, Random Number Generator, has been adopted to ensure the complete randomness and fairness of the games.
It’s increasingly obvious, in the area of online casinos, the LIVE table games where classic games like blackjack, roulette and baccarat can be played from home in real-time with live dealers and players interacting using some incredible automated procedures. We’re going to look at some other examples of tech advancements in the online casino industry.
How Technology is Shaping and Developing Online Gaming
Gambling and Casinos have been in existence for a very long time, in fact, ever since Casino di Venezia opened its doors in Venice back in 1638, gambling has been progressing in so many different ways, but nothing has been more significant than the way online gambling has changed the gambling landscape.
Online gambling allows players to be able to play from anywhere in the world, whether that is in the comfort of their home, or whilst they’re in a cafe or in transit, the world is literally their oyster, as long as they can establish a good internet connection, their location can be literally anywhere. Online casinos are also accessible at any time of the day or night, so this is also another bonus in the flexibility of playing online. Online slots are the most popular games universally played by Canadians, however, players that love table games can place live bets on any of the classic games they choose, with more and more options and variations of these games being developed constantly.
Payment Options in Online Casinos
In land-based casinos, as well as the online ones, the way money is moved around from player to casino and back to player has changed to the extent that it has allowed online gambling to flourish even more. In physical casinos, there were the good old ‘chips’ that were bought with real money and used to play the table games with, and actual coins were used to play the slot machines. That’s all changed in today’s casino establishments. Players get a slip that is printed from the machine in exchange for a deposit or withdrawal, commonly called a TITO (Ticket-in Ticket-out) machine. This method guarantees safe electronic transfers without the fear of theft. The withdrawals can also use a smart card method which is similar to the function of a pre-paid card. You simply have the card loaded with the amount of money you require, and it gets transferred from the bank account it is linked to.
Random Number Generation
As previously mentioned, casinos now use what’s called a Random Number Generator (RNG), and these too are responsible for some changes in the way gaming is regulated. All games, including slots, roulette blackjack etc have a different RNG process, but they all work in the same way, and that is to ensure that the sequence of numbers or symbols can’t be predicted except by chance. This system created much more trust and security among players as it was clear that the games did not always benefit the house. The RNG is programmed to an average of 75% by law, but sometimes it’s even higher, depending on the casino. Now it’s common to find that the players and the casino have equal odds.
The Latest in Cutting Edge Technology
Some of the newest cutting edge technology that is already being used in casinos is sometimes hard to fathom. The two that are gaining most popularity are Virtual Technology, VR, and Artificial Intelligence, AI. Many online platforms are now offering a VR headset to give players a truly unbelievable gaming experience.
Although most casinos in Canada have been using virtual reality for some time, online casinos in they haven’t embraced AI in quite the same way. Software developers argue that Artificial Intelligence makes for a much more superior experience, where players are pitted against one another in such a sophisticated and realistic way that the need for physical casinos will continue to decline even further.
So what do we expect to see in the future, in terms of new technology? It’s hard to say exactly, except, it’s certain that we can imagine plenty more evolving technology that will continue to amaze and excite players everywhere. The future is very bright indeed, so watch this space as CasinoTop continue to bring Canadian players the latest technological advancements in online gaming.