The history and future of engineering in the online gambling
It’s hard to believe that online gambling is only a little over two decades old. The first online casino, InterCasino, launched on the internet in 1996 and the industry has been booming ever since. Today, we see the rise of revolutionary casinos such as Mybet88th online casino in Thailand, CMD368, and many more, which offer an unprecedented gambling experience.
The online gambling industry is now worth an estimated $45 billion and continues to grow at a rapid pace. With more and more countries legalizing and regulating online gambling, we can only expect this trend to continue.
In this article, we will take a look at the history of online gambling and how it has evolved over the years. We will also discuss its present and future state. Read on!
The Past
Online gambling has come a long way since its inception in the 1990s by several software engineers. The first online casinos were simple affairs with basic games such as blackjack, roulette, and slots. These casinos were often plagued by issues such as fraud and cheating.
It wasn’t until the late 1990s that online gambling started to take off which software engineers kick-off some badass coding and features. This was thanks to the development of more sophisticated technology from MIT software engineers, which made it possible for developers to create more complex games with better graphics and sound. This, in turn, made online gambling more attractive to players and led to rapid growth in the industry.
The early 2000s saw the rise of online poker, which quickly became the most popular form of online gambling. This was followed by the launch of online sports betting sites and casinos offering live dealer games.
The Present
Today, online gambling is a fully-fledged industry with a wide range of products and services on offer. Thanks to software engineers, you can now gamble on everything from casino games and slots to sports and esports. There are also a number of different platforms to choose from, including desktop and mobile casinos, sports betting apps, and dedicated poker sites.
The COVID-19 pandemic has had a significant impact on the gambling industry. With land-based casinos closed and people stuck at home, many have turned to online gambling as a way to stay entertained. This has led to a boom in business for online casinos and sports betting sites.
Some of the current trends we are experiencing in the world of online gambling include:
The Rise of Crypto Casinos
Cryptocurrency is becoming increasingly popular as a means of payment and this is also true in the world of online gambling. There are now a number of crypto casinos that allow players to gamble with Bitcoin, Ethereum, and other cryptocurrencies.
F2P Gambling
Free-to-play gambling is a relatively new phenomenon that is becoming increasingly popular. F2P casinos offer players the chance to gamble without risking any of their own money. Instead, they use in-game currency or virtual credits. This allows players to try out games and get a feel for the casino before committing any real money.
Live Dealer Games
Live dealer games are casino games that are streamed live from a studio or real-life casino. This gives players the chance to experience the excitement of a land-based casino from the comfort of their own homes.
The Future
It’s hard to predict what the future holds for the online gambling industry. However, it’s safe to say that it will continue to grow in popularity. Some of the trends we are likely to see in the coming years include:
Enhanced Use of AI, VR, and Machine Learning
The use of artificial intelligence (AI), virtual reality (VR), and machine learning will become more prevalent in the online gambling industry. These technologies will be used to create more immersive and realistic experiences for players.
Increased Regulation
As the industry grows, we are likely to see increased regulation from governments around the world. This could include measures such as age verification and anti-money laundering measures.
More Innovative Payment Methods
We are likely to see more innovative payment methods being introduced in the online gambling industry. This will include the use of cryptocurrencies and other digital currencies.
Increased Access Even in Restricted Areas of Gaming
Even in areas where online gambling is restricted, people will find ways to access it. This could be through the use of more improved VPNs or other methods of bypassing restrictions.
Smartwatches and Wearables
The use of smartwatches and other wearables will become more common in the online gambling industry. This technology will allow players to gamble on the go while still being able to stay connected to the action.
The bottom line is that the online gambling industry is here to stay and it’s only going to get bigger and more popular in the years to come. Make sure you stay ahead of the curve by keeping up with the latest trends. Also, always remember to gamble responsibly.
