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HOW TECHNOLOGY HAS INFLUENCED THE GAMBLING AND CASINO INDUSTRY

Elijah Finn by Elijah Finn
March 5, 2020
in Gambling
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HOW TECHNOLOGY HAS INFLUENCED THE GAMBLING AND CASINO INDUSTRY
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Technology has changed the face of many industries and how they operate. Gambling and casino industry for example has shifted from shopping to restaurants to online mobile apps which customers can access everywhere. In addition, the technology has improved the profitability of the gambling and casino industry because of increased customer base. Some companies have built mobile apps that a customer can access everywhere in the world hence increasing their customer base and marketing abilities. As at the start of gambling in 1790s to date, technology has changed a lot in the industry.

Technology has changed the timeline of the gambling and casino industry

In the old days, people or customers could only bet events that are occurring on real time. In the start of gambling in 1790s, people could only bet on horses that complete on real time and they had to wait for the outcome before getting the winnings. That has changed with the coming of technology through the introduction of mobile apps and other websites that can be access anytime and everywhere in the world. The introduction of virtual games has enabled customers for example to bet and wait for their winnings within 30 or less seconds. The timeline of gambling has therefore been reduced by the improved technology. With the legalization of online shops the revenue from the industry has increased overtime.

Introduction of mobile apps and how they have changed the face of gambling

The introduction of mobiles and more specifically the gambling apps has shifted the face of the gambling and casino industry from shopping to restaurant. Research shows that customers or players have opted to buy lottery tickets online as opposed to before where they could visit the shops. Research have shown that 84%of the customers have opted for online lottery tickets from site such as kuwait-casino.net as opposed to buying them on casino shops. Gamblers of soccer and other real time events have also shifted from going to the shops to betting online through the mobile phones. This change has real helped the government to increase the revenue earned through gambling as many people are able to access the sites.

How technology has affected betting shops

Many betting customers have opted for online mobile or computer apps and this has affected the shops negatively. The gambling companies are trying to correct that by introducing apps that can be used in the Television sets and be placed in the shops to attract customers. Technology has been successful on that and people can get cash instantly affect they have placed a bet on shops if they have won. With the adoption of tablet kiosks within bookmakers, the instore experience brings the usability of the mobile apps with the sociability of the bookmaker. With integrated devices from printing tickets, cash acceptors, to scanning loyalty cards, tablet kiosks provide the usability of the mobile apps with the functionality of the integrated devices. Unlike before when the customers would wait for sometime before they could know the outcome of their bets, the apps in the shops have enable easy access to the results.

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