Posted in Industry September 9, 2017
The Future of Virtual Reality in Online Gambling – Top VR Casino Developments
Virtual Reality (VR) is revolutionizing the world of online casinos. By offering players an immersive experience, VR technology is surpassing traditional live dealer casinos. More and more online gambling operators are embracing VR and introducing a variety of VR games. While slots currently dominate the VR casino market, the rapid development of VR suggests that live casinos will soon follow suit. This transition could lead to a significant decline in customers for brick-and-mortar casinos, permanently changing the gambling industry.
Virtual Reality in iGaming: Perspectives of Growth
Virtual Reality is a type of computer technology that brings digital worlds to life. For the average user, it creates an immersive experience. In the online gambling industry, VR allows players to enjoy a highly realistic experience.
VR technology has been around for decades, but it only gained significant attention in 2016. Today, it is one of the fastest-growing areas of iGaming. Market predictions show that the worldwide VR software market will reach nearly $40.5 billion by 2020.
The online gambling industry expects VR casinos to generate bets worth $520 billion by 2021. This represents an 800% growth compared to the present. This prediction seems likely, considering that NetEnt introduced the first VR slot in early 2017.
At present, there are a dozen top-quality VR casinos, and major online gambling operators are introducing VR games to their portfolios. Developers are working on creating new VR games, with the goal of bringing live dealer casinos to VR platforms. However, this technology has not yet been fully realized.
VR Casinos: Pros and Cons
Like all technologies, VR casinos have their advantages and disadvantages. Considering their relatively short history, their advantages outweigh the disadvantages.
VR Casino Pros
- Multiple opportunities for social interaction
- Immersive casino experience
- Live chat feature for communicating with dealers
- Constant updates and technological improvements
- Unique and enjoyable casino adventure
VR Casino Cons
- Possibility of technical failures due to developing technology
- Increased player spending due to the immersive experience
- Player detachment from reality due to full immersion in the game
The disadvantages of VR casinos are not severe, but they may have personal implications for players. It is important to exercise caution and utilize self-control features to avoid overspending. Many casinos now allow players to set limits on their time and money spent during a gaming session. It is also possible to limit the number of sessions played.
Use these features to ensure you do not become consumed by the realistic gambling experience that VR provides. This way, you can have fun without putting yourself or your finances at risk.
Virtual Reality Casinos FAQ
- Do VR casino games require a download?
Yes, you need to download an app provided by the casino to join their VR experience. The app is usually free and only needs to be downloaded once. Subsequent games can be played without re-downloading. - Do I need specialized VR equipment to play in a VR casino?
Yes, you need an Oculus Rift or other compatible VR equipment to play in a VR casino. However, some gambling operators offer VR games as part of their service, allowing you to enjoy playing without the necessary tools. However, you will be unable to explore the full VR environment. Examples of casinos that offer both types of online gambling are SlotsMillion Casino and BGO Casino. If you attempt to play without VR equipment, these casinos will transfer you to the same slot in 3D. - Do VR casino games require a special controller?
No, you can play VR casino games using standard controllers. - Can I interact with other players in a VR casino?
This depends on the casino and the game being played. Most games allow you to see and communicate with other players via chat. - Do other players see my game screen?
No, current VR technology prevents other players from seeing your game screen, and vice versa. - Do bonuses, promotions, and responsible gaming limits apply to VR casinos?
Yes, responsible gaming settings are applied to your account by default. Regarding bonuses, you will need to check which ones are active for VR games.
Now that you have more information about VR gaming, why not give it a try? You may be pleasantly surprised by the experience!
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