Gambling News: How Technology Is Helping the Industry Survive
In an average year, casino gaming generates $41.7 billion dollars in revenue for the US economy. As you can tell based on current events, this is not going to be a normal year for the gambling industry.
96% of casino workers have lost their jobs due to the coronavirus pandemic. In a time of crisis, you may be wondering how the industry is surviving.
The answer is rather simple – online gambling. Keep reading to learn more about online gambling and what you should know.
Gambling News in the Online Era
Online gambling isn’t anything new. The industry has long been a profitable, tech-inspired space.
With physical casinos shut down and social distancing in place, online gambling platforms are seeing even more action than ever before.
In online gambling news, there’s been a major increase in the amount of technology used by players across all games.
From new bingo sites to online Blackjack, every aspect of online gambling is being affected by technology!
Integration of Online Gambling Technology
According to the latest gambling news, these are the top ways that technology is changing the online gambling industry for the better.
1. Moving Traditionally “In-Person” Games Online
Bingo is a prime example of a popular “in-person” game that has done tremendously well in the online gambling space.
With a variety of games to choose from and an engaging online community, bingo is leading the industry in technology integration.
Other traditionally in-person games, such as slots, cards, and table games, have also done well in the online gambling space and have garnered their own dedicated communities.
2. Encryption and Safety
One of the biggest fears with spending money in any online setting is always the safety of user information.
The online gambling industry has put safety at the forefront of their concerns when it comes to their players.
Encryption technology and cybersecurity have been major boosters in helping the industry survive the influx of online players during the pandemic.
3. Mobile Gaming and Social Media Engagement
Casino gaming has always been a great social outlet for gamblers of all backgrounds to get together.
In the era of COVID-19, the online gambling industry has worked hard to replicate this social atmosphere.
Through a variety of mobile gambling and social media engagements, online gambling technology has been able to flourish under the stress of a currently floundering industry.
The Future of the Online Gambling Industry
Online gambling technology as we know it is growing at lightning speed. More and more players are flocking to the engagement of online gambling platforms.
What does this all mean for the future of the online gambling space? There’s no debating that technology is changing the game for gamblers.
With gambling news continuing to evolve, the world of gaming is about to get a whole lot more interesting! The question is are you ready to embrace the future of gaming and win big in the era of online gambling?
Want to stay on top of the latest news in the online bingo world? Check out our latest online bingo reviews to learn more!