Although virtual reality is just beginning to develop in the world of online casinos in Canada and around the world, it has already established itself in other areas. Things like computer games on our mobile phones, sports sites and e-commerce sites have already implemented this innovative technology. For this reason, many sites are currently making exciting new investments in this technology to provide players with the best and most realistic opportunities to gamble online.
What is virtual reality in online gambling?
Virtual reality is not a new concept. This is what has been thoroughly researched in the field of science fiction, and only now technology has finally caught up with the imagination of these great writers. Nowadays, virtual reality is used in various ways, both in the consumer and in the business sphere. In fact, by 2020, the virtual reality industry is projected to generate more than $ 20 billion in total revenue.
We can already see that devices such as virtual reality headsets play an important role in transforming the console and PC gaming industry, with companies like Oculus Rift, Valve and HTC ahead. Cutting out all external sensations, these headsets create an impression that blurs the line between the real world and the virtual one. Along with entertainment value, we see that virtual reality or mixed reality (MR) is used to improve business communications. For example, Microsoft HoloLens offers the culmination of breakthroughs in hardware development, artificial intelligence (AI), and mixed reality development to help you lead the industry into the future.
Given all this, it was only a matter of time before this innovation entered the world of online casinos. Games for virtual reality are designed to create hyper-realistic gaming capabilities. They can imitate the casino experience for each player, no matter where he is. In these virtual online games, users can enjoy all the sensations associated with real casinos directly from their laptops or mobile devices. For example, if a user played blackjack for real money on the Internet, he could communicate with a live dealer and fold cards in the same way as in a real casino.
One of the main reasons why virtual reality casinos have not yet had such a big impact is that it requires the purchase of additional equipment, such as headsets. In the past, these headsets were expensive, especially for high-end models capable of providing the best possible experience. However, now they have become much more affordable, and the demand for them is growing rapidly. Earlier this year, the VR headset market was projected to reach $ 38.7 billion, an increase of 41% on average between 2019-2024. Along with this huge increase in the number of people who own headset devices, many online casinos have already begun investing in the development of virtual games for their sites.
What awaits online gambling in the future with virtual reality?
From the point of view of online casinos, virtual reality will no doubt change everything. What is now considered luxury will soon become the norm, and we can expect an increase in investment in this innovative technology. A revolution in virtual reality, along with improved gaming experience, will play a key role in enriching the social dimension of online casinos in Canada and around the world. Playing virtual games of online casinos, players can interact with the dealer and other players, as in a real casino.
Despite the fact that the number of casinos currently offering virtual reality games is small, it is estimated that bets made in a virtual casino will increase by 800%, amounting to $520 million in gross revenue by 2021.
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