Online casinos are increasing the use of artificial intelligence to enhance a player’s gambling experience. With internet use rising over the past decade, the online casino market has more than doubled over that period. It is estimated that by 2024, the numbers will have gone over £65 million in the UK alone.
It may seem obvious why the online market has such high growth rates, especially considering the events that occurred in the last couple of years and how they pushed people to use the internet for many services, including retail and banking. In this editorial, we examine the effects of artificial intelligence’s continued advancement in the casino industry, with a focus on the real money slot game on amazon slots.
Characteristics Propelling the Online Casino Industry
Several factors contribute to the online casino market turning into a billion-pound industry. For instance, digital wallets such as PayPal have assisted casinos in appearing more accessible to people who want instant transactions. Similarly, daily and weekly bonuses and promotions have increased registration numbers on online casino sites.
Another example is the features found in the slot games that offer free spins daily and help increase players’ odds of striking the big jackpots, winning cash prizes, live casino bonuses, and free sportsbook wagers. And, if punters don’t get it right the first few times, they have an incentive to keep trying.
So, attributes such as electronic payment options, daily bonuses, and promotions all encourage new and existing players to keep coming back for more. Thus, increasing winning odds for returning players and the industry’s market value goes up all the same.
Artificial Intelligence Transforming the Online Casino Market
The introduction of AI technology has remarkably affected the online casino industry by transforming it into what it is these days. How is that, you ask? Over the past few years, casino operators and gaming developers have had more access to user information, which has aided them in creating and improving games best suited for their customers.
The application of AI in gathering user data on new and returning players has assisted operators and developers in keeping fresh content that maintains relevance while creating targeted marketing campaigns. AI helps determine which games players engage with the most, how much traffic a casino site receives, and how much wagering takes place on games and sporting events. Advanced bots in gambling provide higher quality customer service in online gambling.
Looking To the Future
The good news for casino providers is that AI could save a lot on personnel costs. The bad news for those employees is that they would end up losing work to robots, which means an entire industry would take a hit. The overall positive thing about it all, though, is that people are innovative by nature. Perhaps the closing of one old industry might drive an opening for another.