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Hospitality Business Review | Monday, March 27, 2023
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Online gambling companies are investing in designing mobile platforms for their games to facilitate user convenience and availability.
Fremont, CA: At a compound annual growth rate (CAGR) of 12.3 %, the global market for online gambling is anticipated to rise from $64.13 billion in 2020 to $72.02 billion in 2021. The proliferation is mainly referable to businesses recommencing operations and accommodating the new normal while recovering from the pandemic impact, which had before led to confining containment measures, comprising social distancing, remote working, and the cessation of commercial actions, which posed operational disputes.
Here are some of the main strategies that can support the success of online casinos:
Utilizing AI
Companies in the market for online gambling are spending more and more on artificial intelligence (AI) to improve the client experience with multiple solutions across the service. With the help of AI, it is likely to individualize each user's experience as the technology can evaluate the user's selections in terms of game selection and properly present a customized welcome page. This saves the user time they would have consumed searching for the proper game. AI also promotes customer service in the form of chatbots for query resolution.
VR/AR for enhanced user experience
Online gambling enterprises quickly utilize virtual reality (VR) and augmented reality (AR) to give players a more captivating and realistic experience. Augmented reality and natural holograms form a 360-degree betting experience and a casino-like environment. The captivating nature of VR is improved by the fact that players can notice each other and pick who is bluffing. This enhances the user's complete online gambling experience and encourages interactive gameplay.
Mobile gambling
Online gambling companies are investing in designing mobile platforms for their games to facilitate user convenience and availability. The accessibility of smartphones with high-end capabilities, like increased storage, high-end graphics, and faster processing speeds at reasonable costs, boosts online gambling businesses to design mobile-based applications. Furthermore, mobile gambling presents other advantages, like greater deposit possibilities, reward programs, and the capacity to play with anybody, anywhere in the world.
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