Growth Of Online Gambling Drives IT Innovation

Written By Rashid Mohamed on July 8, 2022 - Last Updated on August 2, 2022
Online gambling's evolution drives IT innovation

Online gambling is the brainchild of technology. Its very existence came from key developments in information technology. The industry has grown to such proportions that now online gambling’s evolution drives IT innovation.

Over the years, the industry has been responsible for the advancement of many new technologies. These range from 3D graphics and virtual reality (VR slots) to deposits in cryptocurrencies and attracting NFT tokens to online casino sites.

All of these innovations were born from an insatiable need to provide consumers with a more engaging online gambling experience. A look behind the scenes of what goes on in today’s online betting quickly reveals just how sophisticated the system has become. In many ways, it drives information technology.

For that reason, creating and running an online sportsbook is a highly complex operation, rife with high-tech elements that ultimately make the user experience smooth and fun.

Brilliant minds develop, maintain industry

The extent to which the industry leverages technology depends on a market’s economy and regulations. In order to contribute to that economy, an authorized sportsbook will make use of a wide variety of brilliant minds. It takes innovation from developers, programmers, IT architects, web designers, testers and marketers to create the ultimate betting platform.

Technology sector specialists continuously look for problem areas and quickly offer suitable solutions. Those “problems” could be the ability to pay directly through instant messengers, the use of chatbots or also transferring payments to blockchain platforms. And hundreds more.

Before an operator enters online gambling or sports betting, it better do its homework. It better analyze the market and determine the type of IT tools it will need to be competitive in a fast-moving environment.

Platforms can make or break operators

One of the most important decisions an operator will face from the start is choosing the right platform developer. To make that choice, an operator must consider three things.

  • The level of service
  • The functionality of the solution
  • The user interface

By selecting the right platform and modules, online gambling operators can utilize high-performance indicators to remain competitive. The business intelligence module, for instance, is a useful tool. It tracks and also analyzes performance indicators so correct strategic decisions can be made.

Integration has become quick and easy

Technological progress has made it possible to integrate various systems into gambling sites with ease. Game content, payment services and also mobile applications can be seamlessly added.

One feature that helps integrate systems is APIgrator. It’s a game aggregate protocol that adds a suite of games into a casino platform in a single integration session. APIgrator can add up to 7,000 games to its platform from more than 85 licensed developers. It gives operators access to slots, live dealer games, virtual sports, card games and also casual games.

MoneyGrator, also developed by Slotegrator, is a payment system aggregator that helps online casino users conduct transactions worry-free. The feature unifies several payment systems for different gambling markets. It also offers 250 ways to make deposits and receive winnings after just one integration session.

With MoneyGrator, players can pay in a variety of ways, including multi-currency payments, credit cards, electronic money, vouchers, mobile money and also cryptocurrencies.

And when it comes to online casino integration on the messenger platform, Telegram Casino is paving the way. This feature has some key perks.

  • Easy authorization through the site
  • Support 24 hours a day
  • A web version of the casino synchronized with the croupier bot from Telegram
  • The full functionality of the platform

Through the messenger, players can enjoy their favorite games, make payments and receive their winnings directly from Telegram.

Technologies for creating games

Whether slots, poker or virtual sports, the best providers utilize 3D graphics and virtual reality technologies. These features help create virtual gambling studios that players are finding increasingly more interesting.

In the world of online casinos, live dealer games are becoming another hot trend. A live casino replicates a land-based gambling establishment, broadcasting games from studios equipped with all the technological essentials.

Users get to play and communicate with one another as well as with the live dealers. There is one issue future technologies will have to address. Players do not have as much trust in the random number generator as they do in a real dealer laying out cards.

Online gambling history a series of breakthroughs

The advent of online casinos is a relatively new phenomenon in the gambling industry.

Virtual casinos entered the scene nearly 30 years ago. The tiny island nation of Antigua and Barbuda passed the Free Trade and Processing Act in 1994. The country effectively became the first government to legalize and regulate online gambling.

A further breakthrough took place that same year. A British software company, Microgaming, developed the first true online casino software. Gamblers could play slots online for real money.

In 1995, CryptoLogic was launched. It used a technique to make money transfers online fast and safe. Also in 1995, MicroGaming released its online version of traditional casino games such as blackjack, poker and roulette.

Soon after, NetEnt came out with its own online games. The company is still among the best and most innovative providers to this day.

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Rashid Mohamed

Rashid Mohamed is an international journalist with a special interest in sports writing. He is a Poli-Sci graduate of Ohio University and holds an A.A.S in Journalism. He has worked in a number of countries and has extensive experience in the United Nations as well as other regional, national, and international organizations. Rashid lives and writes out of Denver, Colorado.

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