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Virtual reality – The dandy high-tech approach to cyberspace gambling

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gamblerock-1-1 Virtual reality – The dandy high-tech approach to cyberspace gambling

Virtual reality technology provides the most immersed gambling technology available in the market today. It is the new and sensational gadget for virtual gaming online. On the other hand, online gambling is the most entrenched commerce with money players. Not just in the gaming industry will benefit from advances in VR tech.

With the emergence of this new technology, casinos are expected to develop virtual gambling games to cater to the new generation of gamesters and expand their existing ones. This gadget, in conjunction with the VR casino games, will provide players with fully hypnotic and realistic experience like being in a real life casino, at horse race or at a professional sports game without actually being there.

Lamentably, it falls short of igniting the online gambling industry. Its market penetration is very sluggish to date. Despite of this splendid concept, only handful of players are active in the VR space. This cool technology is facing a road block in penetrating the online casino market.

What’s the hindrance with development?

Consumers need to buy the headset and attach it to a gaming system like a gaming computer or powerful laptop with a high end graphics card. Though there are different brands to chose from, it is still pretty expensive. A quality headset starts from 400 USD and the high end ones reaches up to 1000 USD, not including a gaming console.

The VR device is also bulky, is cumbersome and isn’t wireless. These challenges have slowed the markets adoption of real money virtual reality casinos.

Establishing a VR online casino is more complex and more costly to develop in comparison with establishing the traditional online casinos.

Also, the consistent rise of smartphone usage and dependability with the device across the world is hard to outplay. Everything we need and use in our daily life is in our smartphones. We always carry them around with us in our pockets. Why purchase a unwieldy device when we have our conducive phones that can do the job?

Further more, mobile gambling applications are already established. There are millions of different apps for mobile devices to chose from while VR gambling applications are limited.

Gamblers prefer betting from their smartphones because of the convenience and the ability to play anytime and anywhere. Mobile sports betting has been exploding while VR betting remains slow moving.

Can VR boost the gambling industry and get a piece of the pie?

It is plausible. Besides, virtual reality offers a unique and enticing experience that other devices cannot provide. It displays a life like, immersive & interactive adventure like no other.

Conceivably in a few more years, VR devices will be more handy and additional internet gambling operators will provide better options for a true virtual reality gambling experience.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Belgium Implements Capacity Limit for Land-based Gaming Venues

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6-11 Belgium Implements Capacity Limit for Land-based Gaming Venues
6-11-1 Belgium Implements Capacity Limit for Land-based Gaming VenuesReading Time: < 1 minute

 

The Belgian government has published a new decree limiting the capacity at land-based gaming venues in the country to a maximum of 40 people as the number of Covid-19 cases increases.

Also, casinos, gambling halls and betting shops must remain closed between 11:30 pm and 6:00 am, and upon arrival, customers must register their details for contact tracing.

The sale of food and drink onsite is prohibited, and customers are also obliged to wear masks, a rule which has been in effect in all public places in Belgium since July.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Belgium Implements Capacity Limit for Land-based Gaming Venues

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Playtech Extends Greece Footprint with Novibet Deal

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5-14 Playtech Extends Greece Footprint with Novibet Deal
5-14-1 Playtech Extends Greece Footprint with Novibet DealReading Time: < 1 minute

 

Playtech has announced the launch of its Casino and Live Casino software with Novibet. This multi-market deal sees Novibet initially adding a dedicated Playtech Casino tab and Live Casino offering in Greece, with the UK and Italy to follow shortly thereafter.

“We’re delighted to expand our game offering with Playtech to bring its industry leading content to our wide-ranging audiences. We look forward to developing this partnership further as we continue to grow our content offering,” Nikos Olympitis, General Manager of Novibet said.

“We are delighted to partner with Novibet, one of the industry’s leading operators. Novibet continues to grow in Greece and across Europe and now its players can enjoy our industry leading Casino and Live Casino content. Our scale and distribution is a powerful offering for potential partners, and this is a great example of our commitment to partnering with fast growing companies in fast growing markets,” Yori Arami, Commercial Director of Playtech, said.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Playtech Extends Greece Footprint with Novibet Deal

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Yokohama Mayor Fumiko Hayashi Says She Would Respect IR Referendum Results

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2-10 Yokohama Mayor Fumiko Hayashi Says She Would Respect IR Referendum Results
2-10-1 Yokohama Mayor Fumiko Hayashi Says She Would Respect IR Referendum ResultsReading Time: < 1 minute

 

Fumiko Hayashi, the mayor of Yokohama city, has committed to respect the results of a public referendum that will decide whether the city will compete to host an integrated resort.

The mayor said: “If the referendum as to IR takes place and the majority votes for opposition, I would act as in accordance with the results.”

Opponents campaigning against the IR plans collected voter signatures to trigger a referendum on the issue. A bill to permit the referendum will be submitted to the city’s council early next year.

On October 13, authorities in Yokohama announced a fresh request-for-concept (RFC) phase for its proposed IR bid to take revised proposals from potential private partners following the central government’s publication of its basic policy document on IR. This RFC will run until the end of November.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Yokohama Mayor Fumiko Hayashi Says She Would Respect IR Referendum Results

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