When we play in our favourite casinos, we exchange our real money for chips. And whilst these tokens might feel plastic, they are still considered a form of currency. This makes the chips attractive to criminals who still try to produce counterfeits. Amazingly enough, casino croupiers often state that it’s an easier task to make fake money than chips these days. But what do you look for when you are playing? What do you do if you find a bunch of casino chips? In this article, we will give you the full lowdown on how to protect yourself and what the casinos do to keep you safe. We’ll also let you know how counterfeiting criminals are dealt with in the USA.Read more
Big Data Changing the Game for The Online Gambling Industry
It’s amazing to think how far the online casino industry has come since it first began.
What started with simplistic games and a small following is now a multi-billion dollar industry.
One of the main reasons the industry has managed to reach new levels is due to the use of technology.
Thanks to the industry adapting and making use of emerging trends it has become more appealing to a wider range of users.
The Influence of Artificial Intelligence on Online Gambling
With the industry constantly evolving and adapting it comes as no surprise that the trend of artificial intelligence (AI) has largely impacted the online gambling ecosystem.
Gambling in itself has had an impressive history as it evolved from simplistic games of chance played in countries like China to modern online slots, roulette, baccarat and other games.
It can be said that the online casino industry has received a massive boost because of people worldwide sharing their daily activities online. Nowadays data is collected on everything we do from the websites we visit to the purchases we make and our social media updates. For the online casino industry the collection of data and analysis thereof is highly important. Then again it can be said that this is not just important in the gambling industry but in all other industries as well.
In order to optimise the market and its performance it’s crucial for the gambling industry to keep collecting data and improve and transform based on it. According to Statista in 2015 the online gambling industry had a volume of $37.91 billion which would increase to a massive $59.79 billion by 2020.
Data Collection and The Importance Thereof
The main reason data collection and analysis is so important to the industry is because it helps with growth. The online casino industry is more likely to succeed and grow if it keeps tabs on what clients want. Data collection and analysis also helps casino operators and software developers learn more about their users to ensure the products they provide meet their needs. And in the past few years Big Data has been on the rise helping many industries and businesses to grow.
It’s a fact that computers are more likely to provide accurate data than any human being. And more so using AI software is the perfect solution to help in analysing consumer habits and predicting what products might be of interest in the future.
Apart from this AI software has many other benefits for the gambling industry including creating its odds. By using artificial intelligence operators are able to provide their players with more realistic odds. On the other hand Artificial Intelligence can also be used by players to outsmart the system and take home bigger wins especially in card games such as poker. Much like any other helpful resource AI has its pros and its cons with the pros outweighing the cons by far.
Moving Forward Responsibly
Another amazing aspect of AI is that it can improve the issue regarding gambling addiction. For instance by utilising the BetBuddy software players in danger of developing an addiction can be identified and helped earlier. The AI software can help prevent negative consequences by identifying it before a problem becomes too serious.
Overall artificial intelligence has the potential to take the gambling industry to even bigger heights. In fact it has already proven to be a source that influence and shapes the way developers look at gaming innovation. By using AI the correct way operators and developers have the means and tools to entertain no just present users but future generations too.
Latest News View all
Who are the gamblers who've made it to the top? It was a difficult task to put together this list and it caused huge debates in our offices. But after much discussion, we narrowed it down to 10 famous gamblers. Here we take a look at the highs and lows of career gambling as well as the millions of dollars of profits.Read more
Getting started at an online casino shouldn’t need to cost the earth. With a deposit of C$20, you can unlock some great deals and a top-class experience at many sites in Canada. C$20 deposit casinos are popular and whilst there are loads out there - should you trust them with your cash?Read more
Italy and England will face each other on Sunday at Wembley in what has been an existing European Championship tournament. Hosted a year later due to the pandemic, the Euro 2020 will come to an end on Sunday at 3 pm, with the final taking place at Wembley. Is it coming home? Or is it coming to Rome? Let’s see what the bookmakers say.Read more
Let’s face it, most of us love a bonus. These are the joyous treats that keep us ticking and give us that little bit extra. Making us feel welcome at our favourite online casinos, or rewarding us for our loyalty. They come in all different shapes and sizes these days, as sites compete for our business.Read more
Crypto bring with it new opportunities and for all those online casino players who prefer to use cryptocurrencies for their gambling payments, we know of several online casinos that support Bitcoin, Litecoin, Ethereum and other cryptocurrencies as a payment method. So, which of these sites can we recommend for 2021?Read more
It is always a momentous occasion when someone wins an online jackpot from a casino. And while many of us believe that they do not come around so frequently, several big winners were recorded in 2020. So, keep playing and you never know, you could be the very next person to claim a jackpot payout. Let’s have a look at the biggest online jackpot wins of 2020.Read more
UK online casinos that offer a £100 deposit bonus are quite common, especially as we see an increase in the number of online casinos, which results in greater competition between them - and better offers for players!Read more
Bankroll Warriors is our hit casino podcast, offering you a look into the world of the best slot games online at the top casinos around. So get right for lights, camera, and spin! Whether you’re after discovering the best bonuses or just after some suggestions for a new game, our new all-star streamer team has got what you need.Read more
You've watched the show, and now you want to play along with the Jon and Drew themselves - read on to find out how to get the best promos to maximise your bankroll with the Bankroll Warriors!Read more
Europe is a hotbed for casino gaming activity, and there’s little wonder. With locations like Monte Carlo, London and Malta all playing host to exciting casino escapades, it has quite the popular appeal for players. It is also due to this that many online casino slots have become popular in their own right with players from the continent. So, which ones can be considered the five favourites of European casino players? We’ve got a look at each of these and their inbuilt features below.Read more