Latest News
Tech Trends Leveraging Online Gambling
Technological innovations have played a critical role in making the gambling industry what it is today. Previously, you would have to visit a land-based casino to wager on your favorite casino games or visit a sportsbook to bet on a live sports event. But thanks to technological innovations, the industry has dramatically changed. The Thai gambling enthusiasts can find a wide variety of Legal Gambling Sites, offering them the opportunity to enjoy their favorite games online. So, what are the tech trends leveraging online gambling?
Mobile Technology
Recent reports have revealed that more than half of online gamblers prefer using their mobile devices for their gambling ventures. Most of the gamblers stated they preferred mobile devices because they are convenient. For example, you can enjoy your favorite game on the go without having to visit a physical casino and being stuck in front of your computer.
Additionally, most gamblers love to keep their gambling activities private, and mobile devices can offer that. Other advantages of mobile gambling include the availability of free-to-play alternatives and safe mobile payment solutions.
Wearable Apps
Mobile betting has become more popular in the past few years. However, a new trend is slowly becoming trendy in the gambling industry â wearable devices. Some industry experts suggest that smartwatches could take over from smartphones as the preferred betting device.
For instance, the smartwatch market will reach 33 billion USD globally by 2022. Moreover, industry experts argue that gambling will play a critical role in this growth. As a result, you should expect online casino game developers to develop games that gamblers can access from multiple devices, including smartwatches.
Blockchain Technology
Blockchain technology has already shown that it has the potential to redefine the gaming industry. Transparency is perhaps the most notable benefit the technology brings to the industry. This feature is made possible by the technologyâs permanent verification procedure. The technology allows the parties involved to access a distributed ledger with a verified record that no party can manipulate. As a result, it has helped to improve trust in the betting system.
The technology also protects the players and online gambling operators from questionable practices. The blockchain system checks these malpractices, ensuring user personal information remains safe.
VR and AR Gaming
These two trends have become trendy in the online gambling industry. Virtual Reality games are slowly making inroads into the online gambling industry. The only setback has been the cost of equipment gamblers require to access these games.
On the other hand, Augmented Reality online casinos are also gradually redefining the future of online casinos. The casinos are becoming trendy because they can offer players a more immersive gaming experience that they cannot find on land-based casinos. As the required equipment becomes more affordable, these two technologies will become more accessible, making them more popular in the industry.
Final Thoughts
It is correct to conclude that the future of online gambling is in the hands of technological innovations. Therefore, if you want to know how the industry will look like 12 months from now, it would help to check out the emerging trends in the industry.
Compliance Updates
Tennessee Sports Wagering Council Takes Action Against Illegal Sportsbook
The Tennessee Sports Wagering Council through its executive director issued $50,000 in fines to Bovada.lv, an unlicensed and therefore illegal sportsbook operating in Tennessee.
Bovada failed to comply with cease and desist letters delivered to addresses in Curaçao, and Council investigators placed wagers through Bovadaâs platform on three separate occasions, including as recently as October 16, 2024.
The Sports Gaming Act authorizes the Council to impose a $10,000 fine for the first offense of accepting wagers without a license, which rises to $15,000 for the second offense, and $25,000 for the third offense. Subsequent offenses may lead to the imposition of a $25,000 fine for each occurrence, an occurrence being a single wager accepted in Tennessee.
In the cease and desist letters, the Council ordered Bovada to allow all Tennessee users to withdraw any funds currently held by the unlicensed sportsbook.
âThe Sports Wagering Council recommends that Tennessee users of Bovada withdraw their funds immediately. Our primary role is the protection of the public interest through a safe, regulated environment, and Tennessee sports bettors need to know that just because they can access a sports betting website or app inside Tennesseeâs borders does not mean it is licensed to do business here,â Mary Beth Thomas, Executive Director of Tennessee Sports Wagering Council, said.
Legal sportsbook operators provide important bettor protections not found in the illegal market. If an individual wagers with unlicensed sportsbooks, their sensitive financial and personal information may not be protected and could even be shared with criminal enterprises. The bettorâs money could be withheld or disappear without a way to recover it.
The SWC is working closely with its network of law enforcement at the state and federal level to eradicate illegal sportsbooks such as Bovada and others.
Tennessee is the largest âonline-onlyâ sports betting market in the US, with more than $4.7 billion wagered in Tennessee last fiscal year through online sportsbooks licensed by the Council.
Gambling in the USA
Phoenix Link by Aristocrat Gaming Now Lighting Up Casino Floors
The hottest new game from Aristocrat Gaming, Phoenix Link, is now live on casino floors, with Yaamavaâ Resort & Casino being the first in North America to offer the highly-anticipated game. As the next evolution of the international hit game, Dragon Link, Phoenix Link features player-favorite mechanics from top games with all-new themes, features, and bonuses.
âWe have been humbled by the incredible global fanfare Dragon Link has received over the years but are never ones to rest on our laurels. The teams have been working tirelessly on a follow-up that brings together all the player-favorite elements in a new and exciting way with Phoenix Link as the proud result. We were thrilled to partner with Yaamavaâ to premiere Phoenix Link with flair, excitement, and celebration,â said Victor Duarte, executive vice president of product for Aristocrat Gaming.
Phoenix Link players will enjoy the gameâs additional denominations, configurations, and jackpots on each of the launch game theme titles. Gameplay features include Hold & Spin, Free Games with multiplier wilds or twin spin reels, Phoenix Mystery trigger, and more new bonus twists. Phoenix Link is available on the Neptune Single cabinet.
âYaamavaâ is thrilled to host yet another world premiere in gaming with the launch of Phoenix Link by Aristocrat Gaming. Our Club Serrano members are already raving about this captivating extension of the player-favorite Dragon Link. Itâs a great addition to the Yaamavaâ gaming floor,â said Kenji Hall, General Manager of Yaamavaâ Resort & Casino at San Manuel, said.
Latest News
Panel on the benefits of regulation in the Mexican iGaming market
On November 6, the iGaming industry in Mexico is preparing for a key event in which the benefits and challenges that regulation has brought to the Mexican market will be discussed. Under the title “Benefits of Regulation in the Mexican Market”, this panel will offer an in-depth look at the impact of regulation on transparency, competition and consumer protection, critical issues in the new digital era of iGaming.
The event, moderated by Geraldine Alexandra GarcĂa Torres, Media Manager of Digital Gaming News, will feature the participation of recognized figures in the sector such as Daniel Magariños, representative of BMM Testlabs, and Hermilo Peregrina Cabrera of Prometeo IT Solutions. Both panelists will contribute their extensive knowledge and experience in regulation and certification in the Mexican market, and will analyze with the public the challenges and opportunities that companies face in an increasingly competitive and regulated context.
BMM Testlabs, who will participate as a Gold Sponsor, underlines with its sponsorship the importance of regulation to strengthen the iGaming sector in Mexico and demonstrates its commitment to progress and transparency in the Mexican market. For its part, Kushki joins as a Silver Sponsor, promoting the dialogue and analysis necessary for the industry.
Daniel Magariños, from BMM Testlabs, expressed his enthusiasm for participating in this digital webinar: âIt has been a pleasure to be able to share our comments as a Laboratory on a market like the Mexican one and exchange opinions with a reference like Hermilo and the company Prometeo IT Solutions, with its excellent track record in this market. A relaxed talk with a lot of learning that I hope will be interesting for the attendees.â
For his part, Hermilo Peregrina, from Prometeo IT Solutions, highlighted the relevance of these spaces for dialogue: âThank you to Conferencias iGaming for the invitation to participate in this panel. Thanks to Geraldine for coordinating us, and it was a pleasure to share ideas and opinions with my friend Daniel from BMM Testlabs, who has extensive experience in international regulations and certifications.â
Sponsor Support
The panel has the support of important sponsors who recognize the relevance of regulation in the development of the iGaming market in Mexico. Among them, BMM Testlabs as Gold Sponsor, and Kushki as Silver Sponsor.
Event Details:
Date: November 6
Time: 10:00 a.m. (Mexico)
Registration: Register here
Don’t miss the opportunity to be part of this essential conversation for the future of the industry. Secure your place and access a key analysis on the dynamic iGaming market in Mexico!
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