Canada, the United Kingdom, and Australia used to be the underdogs when it came to the gambling industry. Now, through a marriage of regulation, the three countries have obtained gambling king status. The surge in demand for online casinos like Playamo means that most of them now accept Canadian players, being advantageous for financial reasons.
Statistics show that technological advancements resulted in Canadian companies, expertise, and technologies in high demand. With each industry becoming top-notch due to futuristic evolution, expert Daniel Bennet, his profile here, believes the gambling industry is no different.
Just recently, the first college sports deal with a company outside Nevada took place. PointsBet (Australian bookmaker) and the University of Colorado’s agreement is worth USD 1.625 million, with tax-write offs.
This deal is a milestone for the sport industry sectors, as it one of the first of its kind and involves big-league names like FansUnite Entertainment Inc. (OTC: FUNFF) (CSE: FANS), Churchill Downs Incorporated (NASDAQ: CHDN), DraftKings Inc. (NASDAQ: DKNG), Penn National Gaming, Inc. (NASDAQ: PENN), with Boyd Gaming Corporation (NYSE: BYD)
The use of smartphones seems to be the result of the considerable boost in the sports betting division. Their mobiles allow them the convenience of playing anywhere and anytime. Cutting-edge technologies like Blockchain and the Internet of Things (IoT) contribute to the evolution of many sectors and sports digital trends.
Innovation in Gambling
Each year online casinos bring about new products, player tools, bonus features, access points, and loyalty programs.
These forward-thinking ideas stem from a need to furnish players with innovative, multi-faceted, and user-friendly data. It also creates social responsibility by using tools like education and interface product portals.
Let’s not forget how convenient everything is for us now, due to access to almost any information just by unlocking our mobile phones. Online casinos have also become available with just the touch of a button. With casinos using HTML5 technology, you could log into your casino of choice on your mobile, tablet, iPad, or computer.
Statistics show that in 1992, the Canadian government garnered about $2.73 billion in slots and non-casino slot revenue. Whereas in 2017, they amassed a whopping $17.3 billion. With Canada’s gambling scene increasing by 4.9%, Ontario was responsible for generating almost half of that total. Ontario’s compound growth rate is 28.1%, British Columbia’s at 24.6% and Quebec’s is 20.3%.
The current income rate these casinos bring in to the country is up to $31 billion, with live dealer games such as roulette, blackjack, keno, baccarat, slots, poker, video poker, and table games. Blackjack is the most popular game in Canada.
Daniel Bennet speculates that it’s about technology and the social setting while we gamble. Gaming developers have to do everything in their power to keep the player engaged for as long as possible. That’s why providers continuously upgrade games with new features and interfaces. The unending demand for something new is increasing.
Bear in mind, the Criminal Code of Canada prohibits non-state licensed platforms from accepting Canadian players online. But despite this law, Canadians still use off-shore operators. The government remains impartial, as each district is responsible for its laws relating to online gambling.
Mobile Phones & Virtual Reality
The mobile phone is a device that has taken the world by storm. The handset has revolutionized the way we do many things today. From cellphone banking to video calling, the mobile has it all. You can now gamble at your favourite casino in the comfort of your home or anywhere else you may find yourself.
Over 4 billion people currently use smartphones, so gaming companies and online casinos now aim to expand their portfolios into the mobile market.
Although virtual reality was famous in movies, the first real VR headset was only created in the 90s. As people became familiar with the optic illusions, gaming companies and casinos wanted to get involved. There are quite a few VR casino games that include PokerStars VR, Kryptcrawler, and Social Club VR.
Each day technology helps us progress, and encryptions are created to provide us with secure transactions. Online casinos are first class when it comes to customers’ safety. They have a multitude of payment options available to suit your needs.
Although debit and credit cards are still popular forms of payment, other options don’t require your banking information. These methods come in the form of e-wallets and cryptocurrencies.
As we can see, technology is all around us, and it will continue to advance. Online casinos and sportsbooks use technology to their advantage and provide their members with user-friendly upgrades to simplify the gaming experience.