This may get you by the surprise, but actually gambling is the industry that progresses quite fast. While there are lots of restrictions applicable to gambling all over the world, online is the place where it growth. Such industry leader in gaming technology as Playtech are generating a revenue of over 630 million EUR a year with net profit more than 210 million EUR. And such companies don’t really operate the casinos, they are just the technology suppliers. Let’s dive deeper into the industry and take a look how it progresses.

Bitcoin gambling

While lots of payment processors have already adopted cryptocurrencies and now allow paying customers with BTCs for nearly any product you can imagine, banks and other financial institutions are having the meetings about the potential of bitcoin and blockchain technology for their businesses. In the same time gambling is something where bitcoins come very useful. First of all, this currency gave a birth to the whole new niche - bitcoin casinos.

They became quite popular due to the fact that you don’t actually have to convert your BTCs into dollars in order to play. As you know, bitcoins have quite a volatility and, even if you got some earnings in USD, they might vanish just because BTC’s price has appreciated quite a lot since the time you made your deposit.

Another reason why bitcoins are so popular in gambling as due to its nature as a payment method. The crypto currency allows great anonymity, fast transactions and extremely low commissions.

Live dealers

Sometimes people don’t feel that algorithms are credible and trustworthy. This is why some gamblers preferred to still play offline. Then the technology kicked in. Today it is possible to actually see live dealers from the comfort of your couch. And guess what? You can even combine that with bitcoins, this innovation is called bitcoin live casino.

The main advantage of the live dealers is that you do see that the bets happen in real life, so the results are undoubtful. Next to this, it provides you with an enhanced experience of the game.

Offline developments

Even though most of the companies try to move the gamblers into the online environment, local presence is still vital for taking a large market share. However, technology allows such machines to actually be unmanned. We all have seen slot machines in various bars and gas stations. The main benefit of this machine is that it does not really require anything except of electricity and an occasional maintenance to run.

The technology has allowed more games to be transferred into the fully automated process. Next to regular video games, you can now play almost any casino game via a machine. Roulette could be one of the examples. What is also great here from the developer’s point is that such machines allow custom settings. Meaning that you, as a machine owner, can set a smaller amount of time it takes to perform a spin.