In Business World Have you ever played casino games online? If you have, you know how advanced online casinos are these days compared to a decade ago. A lot happens over a decade in terms of tech, and the casino industry follows all developments closely. It evolves right with the tech and fintech industry, inventing new appealing features that players can’t stay away from.
The evolution of online gambling can be seen in all its aspects. We have better games, better online casino no deposit offers, better privacy, and a better way to experience casinos than in the past. Mobile and crypto casinos were a big step in the evolution, but as things stand now, they may be overtaken by a new emerging technology – VR devices.
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What Are VR Casinos?
Virtual Reality—or VR short—is an exciting technology that experts have touted as the future for all kinds of tech and entertainment. The name says it all. It’s a virtual setting that you can take a dive in and experience games (or real-life simulations) through a special device. These devices are still few and far between and a bit expensive, but the rise of the Metaverse and new VR simulations should take care of that soon.
For now, VR is only used in the online gambling industry as a mere marketing tool. While a few VR casinos have already been built, they haven’t gotten past the stage of an experiment. One that worked pretty well, to be honest, and that excited many casino fans and developers. Companies such as Goldman Sachs are already excited at the opportunity, being optimistic that this tech will catch up and be more profitable than the TV industry in the next 5-10 years. It’s a bit too optimistic if you ask us, but still.
A Unique Opportunity
There’s no question that it’s a unique opportunity for the iGaming world. Imagine being able to throw your cards down on a table without leaving the comfort of your home? Sure, you’ll need those bulky devices on your head, but these simulations are as immersive as it gets. There are currently over 170 million VR users around the world, and the industry is targeting to sell 30 million units per year in the next couple of years.
According to statistics, VR gaming has already reached almost $2 billion in revenue this year. That number is projected to go up as soon as VR casinos take off. Right now, we have many video games designed for VR devices, but once a VR casino appears, the technology will be unstoppable. How will it work? Well, each casino will most likely develop a special app where you can enter a digital space and play casino games via the device. Player interaction will be as real as it gets as they all build their own avatars you can see on the casino floor. It’s a bit of a far-fetched idea by now, but we’ve seen demos in the Metaverse and by many casino sites that make it seem like the future of gambling.
Crazy Invention
We live in a crazy world where technologies that were once a dream are finally seeing the light of the day. And many of them—like VR—will end up being pretty useful. We just need to embrace the idea that can have amazing technological repercussions in the future. Entertainment is one of the main goals of Virtual Reality developers, and casinos are the perfect setting.
It won’t be long before we see the first VR casinos. Once the floodgates are opened, there will be no way to keep them in.
