Since decentralized gaming services are completely dependent on a specific blockchain, possible technical problems, such as a temporary decrease in bandwidth, significantly affect their operation.
Most dapps have problems with visualization, which is used to warm up the interest and excitement of the players.
The application interface is still poor.
Online casino algorithms are not transparent.
Only a few providers use certified software that you can trust.
Since decentralized gaming services are completely dependent on a specific blockchain, possible technical problems, such as a temporary decrease in bandwidth, significantly affect their operation.
Most dapps have problems with visualization, which is used to warm up the interest and excitement of the players.
The application interface is still poor.
Online casino algorithms are not transparent.
Only a few providers use certified software that you can trust.
Typical online casinos and betting platforms share the same challenges: opacity, geographic restrictions on payments, and the need to trust site owners who can manipulate results or withhold winnings.
Blockchain is exactly the technology that solves these problems in different industries.
The introduction of blockchain payments and betting in cryptocurrencies by gambling platforms is the first and relatively simple way to approach the problems above. If the platform pays out winnings in cryptocurrencies, it doesn't matter which state borders the payment must go through. In addition, a blockchain payment, which is carried out by a smart contract after specific conditions are met, such as the loss of the desired sector on the roulette wheel, will work automatically without the participation of the platform operator.
But this does not solve the problem of manipulating the results, the operator can still transfer any data to the smart contract. The solution is a more complete integration of an online casino or betting platform with the blockchain.
Online casinos and betting platforms work in different ways: in a casino, users play against the establishment, on a betting platform - with each other. This affects how blockchain integration works for these types of projects.
The Internet brought more profit to gambling establishments and bookmakers and opened access to new markets. Players were able to place bets without leaving their homes. On the other hand, among the numerous gambling and betting platforms on the network, there are more scammers and more ways to make unfair earnings.
Blockchain technology is a solution to the problem of trust in online casinos and bookmakers. The player can check the honesty of the casino, and the platform operators can provide mathematically irrefutable proof of fair work. Thanks to cryptocurrency payments through decentralized systems, both players and institutions save on transfer fees and minimize dependence on centralized banking systems and their restrictions.
So far, there are many projects on the market that accept cryptocurrency deposits, but use old technologies for playing games and accounting for bets. This is a half-measure that helps in attracting new players, but does not provide the most important advantages inherent in projects with full-fledged blockchain integration: protection against fraud and transparency. The future belongs to real blockchain casinos and blockchain bookmakers.
In traditional online casinos, most of the in-game information is hidden from the user, hence, the results are not immune to manipulation.
Solution: technologists, with the help of which the user can check whether someone has made changes to the algorithm for issuing the results of the game.
The need for an alternative to classic slots, in which you just need to press a button and hope for luck.
Solution: gamification of slot machines – use of elements of traditional online games.
The need for customization
A unique time-effective solution from Boosty Labs that gives numerous customization opportunities.
Slippage in corresponding to the latest industry trends
A modern, effective and convenient payment solution that will upgrade your casino the latest industry trends and attract more players as a result.
Launching your own casino in the shortest time possible
A comprehensive and cost-effective solution aimed at launching your own casino in the shortest time possible, which saves time on quality assurance, recruitment and staff supervision.
Unlimited customization opportunities
A unique solution that provides technical documentation and a set of scripts without a design. It allows you to build any casino, with Boosty Labs’ help at every step.
Fraud protection
An effective fraud protection module.
Game aggregation
A solution for all casino game content needs that brings together numerous casino game vendors with over 10,000 mobile-friendly and multilingual games, which can all be obtained via one API integration.
The digitalization of the gaming industry is a trend that cannot be stopped. And the COVID-19 pandemic only spurred it on, playing into the hands of online gambling.
Players in land-based casinos will return, but while quarantine restrictions due to coronavirus are in force, they will continue to play online. Experts believe that many of them will remain there after the end of the pandemic.
Joker Casino analysts cite a figure of 3%. This is how much the average indicator increased in March this year. The highest percentage of growth was observed in the Netherlands – 9%.
The situation with the stationary segment of gambling in the USA and Macau is indicative. Since the work of terrestrial entertainment establishments here was either stopped altogether, or "tightened" in strict limits, revenue has significantly decreased. This led to massive staff layoffs and reorganizations of the entire structure.
At the same time, virtual poker rooms in these countries are in great demand. The number of their clients increased by 43% after the introduction of quarantine measures. And the number of newcomers broke all records – the growth exceeded 250%.
Expert forecasts for 2021 are quite optimistic. Despite the decrease in player revenues, the expected turnover of the online market will reach 66.5 billion dollars, which is 13% more than last year (58.9 billion dollars).
There is also a constant growth in the popularity of bookmaking activities. As noted by the European Bookmakers Association, the growth rates are increasing by 10% annually. So, in 2018, the total income was 22 billion euros. In 2021, this figure should reach 30 billion euros.
This trend will continue until the countries are completely out of quarantine. But even after that, the decline will be small.
Specialists in the development of online gambling business are constantly improving the conditions and quality of the services provided. So, in 2021 it is planned:
Gadgets are increasingly entering the life of modern people, which means that online gambling sites should keep up with trends. Therefore, more and more online establishments will provide their users with convenient mobile applications running on Android and iOS software.
A separate branch of development will be improvements to improve the interface. With the advent of HD mobile gaming and support for digital currency, this topic is more relevant than ever. After all, it is she who can become an additional profit for the sites that offer the game on virtual slots.
Copyrights are reserved. All works are protected by copyright of the corresponding authors.
+380734811488
Technologies