Online gaming hasn’t been the only developmental breakthrough that has metastasised casino gambling over the decades. The discovery of internet by gambling sites has opened up a new portal, an inundation of new possibilities if one might say, to further disseminate this stress reliever of a hobby (albeit it can be more than an avocation to many). Casino virtuosi around the world have dabbled with cryptocurrency for some time now and have recently formed a business model that can be put into implementation. Some of these models can be summed up as follows:

Crypto all set to dominate the casino world:

casino world:

Ever since the genesis of cryptocurrency, casino corporates around the world have invested heavily in technology and see it as a newer avenue to expand their businesses. Most of the casinos today accept this seamlessly quick and convenient form of payment. Cryptocurrency has one of the most secure pathways for carrying out transactions and retains the anonymity of the user, so its no wonder it’s found its way into this business. The anonym aspect of cryptocurrency bears a lot of weight because many gamblers choose to keep their gambling activities clandestine. Furthermore, transactions carried out through cryptocurrencies minimise hacking and thefts, so there really is no reason why this form of payment shouldn’t be used in places that are incessantly under the purview of the law.

 Access in restricted areas of gaming:

Because cryptocurrency is virtually untraceable and that people do not attach their identity to this form of payment, it has enabled casino gaming aficionados to have access to gambling even in localities in which casino gaming and gambling is verboten. A case in point is Taiwan, a country where draconian laws on casino gambling exist. But cryptocurrency has swept through the nation and the country now sees ubiquitous gambling activities. The growth of these activities has imbibed renewed confidence in the casinos and gamblers, and there is a steady rise in casino gaming in many Taiwan suburbs.

Shift in customer habits:

 One needs no telling of how pervasive (and quite intrusive) mobile phones have become in one’s life. But for better or worse, they still play an important role. Gamblers have taken a fascination for F2P (free to play) games. These games are small, compact and majorly online casino games. They are designed more to provide entertainment and less to be a platform where serious gambling can take place. Concomitantly, the revenue the application designers generate might not be from the profits of the games played but from the premium features the gamers buy.

customer habits

Virtual Reality in gaming space:

This invention has revolutionised the way we game. And it goes without telling that there is lot of potential in the future for VR based gaming in casino games. VR accessories and ancillaries are starting to materialise in more and more markets around the world every day. One of the most renowned software developers, Net entertainment, recently demonstrated a VR based version of Jack and Beanstalk slot machine game. So indubitably, it’s just a matter of time before VR takes over brick and mortar casino outlets.