If someone mentioned that online gambling will become such an ordinary part of our lives just a few years ago, most people would have shrugged it off as nonsense. Nevertheless, it has been one of the fastest-growing markets on the planet in the past decade, and research suggests that its value will reach over $172 billion by 2030.
The Future of Online Slots: Will new technologies reshape the industry?
The iGaming sector has been the moving force behind many new technologies, and being an innovative sector in its core, it’s been the first to embrace ingenious technologies that conventional gaming and IT companies have been slow to incorporate. However, new technologies are developing rapidly, and it’s very likely that the industry as we know it will change dramatically. In this article, we’ll discuss whether the new changes will bring more excitement to players, would players be able to claim better offers through Bonus Finder, and where the iGaming world is headed. Stay tuned.
VR and AR
Apple was the most recent tech giant to jump on the VR bandwagon (although Apple prefers not to call their Vision Pro headset a VR headset), and many, including Product Owner Tony Sloterman, believe that VR is inevitable. It has the potential to revolutionize gaming, as VR technology offers players unparalleled levels of personalization, engagement, and realism.
Regarding slot games, some software developers have already tried and tested the technology, but it’s expected to grow beyond just a few games a year. Some predict that every game will be VR-capable by 2030 - including slot games - but only time will tell how much the technology will develop. The biggest problem with this technology so far is the fact that humans don’t prefer wearing VR headsets to play their favorite slots, but that might change if new and better-designed headsets hit the market.
When it comes to AR, or augmented reality, some companies have already implemented the technology, and the test has been successful. Although AR is still in development for mainstream use, it offers the perfect blend between traditional and virtual reality gaming, which many slot enthusiasts might find useful.
Faster, More Secure, and More Efficient Payments
Money transactions are an inseparable part of casino gaming, be it slots, table games, live casino, or any other type of betting. Although this is a sector that has improved dramatically over the years, new technologies might change the way players deposit and withdraw money too.
Long gone are the days when a bank transfer was the only viable option - especially for withdrawals. Nowadays, players can choose among a variety of fast, hassle-free options such as e-wallets and electronic transfers. However, digital currencies and cryptocurrencies provide much faster transaction times, are completely anonymous, and usually don’t impose any fees, so it’s expected that they’ll take the primate. The European Central Bank even announced recently that it’s planning to introduce a digital euro that will be used for online payments alongside the traditional fiat currency euro, and other countries are expected to follow the trend soon.
Innovative Bonuses & More Paylines
Remember when slot games used to have just a few paylines, and you had to line all the fruits of the same suit to form a winning line? Well, modern slots have thousands of paylines, with Megaways slots utilizing 117,649 winning combinations, so it’s expected that new slots will have even more winning possibilities.
When it comes to in-game bonuses, there are many different variations and features. From free spins to cascading reels, bonus games, and much more - developers are continually finding ways to incorporate more features into their games, and that trend will likely continue in the future.
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