technology in online casinos

Top 5 Online Casino Technologies to Know In 2023

You have been playing online pokies and a few other casino games for quite some time. Have you noticed some of the big changes that leading casino sites have implemented recently? Yes, new and emerging technologies in the gaming and digital payments world are descending on online casinos.

As big data and analytics have taken center stage in all kinds of decision-making, the world of online casinos is not immune to it. You can expect machine learning and other features of artificial intelligence to help both players and casino platforms in a big way. 

The use of leading cryptocurrencies such as BTC, ETH, BNB, and others is much more common and most platforms support deposits and withdrawals through this medium. It’s a quick and inexpensive way to pay and get paid. 

In this post, we will review 5 top technologies that are disrupting the online casino world on a very convincing note. 

1) Data-Driven Gambling:

How is AI used in online gambling? By utilizing data science.

Analytical data is essential to the success of any technology. To enhance the gambling experience for players, the casino industry is increasingly using AI-enabled data methods. 

As a result of real-time data, casino operators can gain clear insight into user behavior and patterns. With the help of predictive analytics, operators can recommend personalized games and bonuses to their members. 

Additionally, a software development team can develop new casino games for each player as they proceed by keeping track of their preferences and history.

This is because, through data analytics, it is possible to keep the target audience engaged for an extended period, resulting in a higher conversion rate for the business.

2) Optical Camera Recognition Technology (OCR):

The primary method of running a live dealer casino is through optical camera recognition technology (OCR). It was invented in 1974 but being implemented in online casinos in recent years. It is one of the most significant developments in online gambling. 

The casinos previously used RFID chips embedded in the players’ cards to keep them up-to-date on the actions during the casino’s sessions. Still, they proved to be extremely cumbersome to use regularly.

The OCR technology encodes every bit of information at a gaming table. It streams it directly to the players’ computers online so that casinos do not have to microchip their players’ cards to use it. 

As the action unfolds, a camera will capture it all and feed it into a database to quickly stream it to your computer screen.

Over the last couple of years, optical character recognition has helped to make live dealer gameplay a lot smoother, making it virtually indiscernible from the real-life experience.

3) Electronic Wallets

The electronic wallet stores payment information in a secure digital receptacle, including bank account information, credit card information, coupon codes, etc. 

As a result of the security process, this information is converted into a string of alphanumeric characters that, even if hackers get their hands on, they cannot decipher it.

As soon as the data is delivered to the planned recipient, the string becomes readable again and can be used to take action. Even though the measures gambling sites take to secure their data, players should never underestimate the importance of an extra layer of security. 

Compared to entering payment information on-site, electronic wallets are designed to store payment information behind a lock and key to secure and protect the information.

It is common for gambling sites to accept payments made via electronic wallets. In their opinion, digital wallets facilitate faster payments than traditional bank transfers, which usually take several hours. Moreover, their fees are lower than those charged by banks.

4) Integration of Augmented & Virtual Reality

In the online gambling industry, AR/VR technology is a new addition that integrates a range of new services. In case it seemed that a live casino couldn’t get any more fascinating, AR and VR extend that engaging experience to entirely new levels of excitement. 

Online gambling can take advantage of innovations such as VR headsets and AR-ready devices, which are already available in many video games. It is also important to note that AR and VR work differently despite being inextricably linked.

It is a technological advancement that allows augmented reality technology to enhance a user’s real-life image by adding virtual elements.

Among the most notable examples is Pokemon: Let’s Go Pikachu, which uses the player’s phone camera to add and handle game aids. This way, you will see (and catch) Pikachu while walking down the sidewalk.

In the meantime, VR substitutes the user’s fiction with a ‘virtual’ one, especially through VR headsets. This gives the user a more enticing experience, taking them directly into the game environment, whether at the midpoint of a space war or the deal table. 

5) Blockchain Gambling:

Casinos are now using blockchain technology to build the best and most secure transaction environment. The old days were filled with unethical gaming systems that couldn’t provide simple and safe transactions. 

Since blockchain technology has been developed, cryptocurrencies can now be used in a way that is as safe, transparent, and secure as possible as a means of facilitating transactions everywhere in the world.

With the help of technology, LTC, ETH, and BTC can be used to withdraw or deposit money. Additionally, players can use PayPal to make their deposits, as it has many layers of security and is highly convenient to use. 

Final Thoughts:

There is a natural evolution taking place in the online casino industry. Almost every aspect of virtual gaming has been affected by emerging technologies. Operators in this industry are quick to upgrade their platforms to remain competitive. The players can’t ask for more. They are the real gainers as they get a better and safer playing environment. 

Is it necessary to consider how technology impacts the gambling industry.

The future looks tremendously exciting as online gaming technology evolves to become more interactive, and the way people play poker will be redefined in the near destiny.

About the Author:

Smith-Frankinson-Headshot-2

Smith Frankinson is a casino enthusiast, who has spent 10+ years reviewing and playing various online casinos. He has a special connect with Australian casinos as he spent most of his time in the country. His reviews has helped several players make better decision and spend their hard earned money wisely in their game.