The world moves fast. It’s no longer acceptable to stand still because to stand still is to be left behind. The casino industry is one of the most fast-paced out there, especially if you look at growth rates.
BusinessWire did some research and found that the value of the casino industry is supposed to grow from $58.9 billion to $66.7 billion, which is a remarkable increase of 13.2%.
When you’ve got $66.7 billion to play with, you’re going to make sure that you can stay ahead of the pack and claim as big a slice of the pie as possible.
That means innovation in this business is really important, and countless developers have been trying to create new and exciting twists to keep audiences entertained.
Even humble slots, the staple of so many bricks and mortar casinos, have been upgraded and transformed by some innovative new technology.
As we’ve just mentioned slots, let’s start with some interesting functionality improvements that have been made over the years.
Megaways technology
Traditional slots are played across three rows and three reels and are limited due to their physical nature. However, Megaways have opened up a digital world that’s revolutionized things.
Megaways designed slots that work on a six-reel system, and have one extra horizontal wheel. This technology lets games offer more opportunities to win than ever before and is now used by over 100 online slots.
Better graphics
Nobody wants to play games that don’t look good. That’s the whole point of them; to take you into another world that’s beautifully rendered.
We’ve seen incredible advances in graphics on console and PC games, and now we’re seeing them utilized in online games.
Game developers are now creating character-driven narratives that include 3D displays and interesting stories. Titles are now including richer scenery, better storylines, and more engaging visuals.
More ways to pay
This wouldn’t be an article about modern-day technological innovation and change without mentioning online wallets. First, we saw the rise of operators like Skrill and NETELLER.
But now, a lot of gaming operators are now willing to let customers pay using Bitcoin. Bitcoin is safe to use, and as it’s independent of banks, there are no transfer fees. It’s also secure, which is what appeals to a lot of gamblers and casino users.
There are also some casinos that only operate in Bitcoin, which is a huge step on the road to a broader acceptance of cryptocurrency.