As we witness the vast changes through the growth of technology, the amount of impact and potential revenues that could benefit the gambling industry are limitless! Through the predictions of Mark Griffith’s series of public thesis (20 Years of Prophecy: iGaming ) about iGaming during the 90s, and Morgan Stanley’s 2012 report (800 Million Users from Social Casino Game to iGaming). And now heading forward to the technology advancement of Virtual Reality (VR) Casinos!
However, before we dig deeper into understanding the potential revenues of Virtual Reality (VR) Casinos, let us first understand what virtual reality is, and the history behind the findings of Virtual Reality (VR) Casinos. In order to fully understand the impact, and furthermore understand the potentials Virtual Reality (VR) can bring. Let OMNI GAMING help you with your curiosity!
The 1800’s
Did you know the founding of Virtual Reality(VR) technology goes way back to the 1800’s? A professor of experimental philosophy, Sir Charles Wheatstone, he is also known as the godfather of 3D and Virtual Reality (VR) technology.
He was the one who developed stereoscope and through this device, the creation of three-dimensional images by tricking the mind to see 3D at a certain angle was formed. Wheatstone’s life’s work on stereoscope is the key importance to the relation of our modern 3D and Virtual Reality (VR) technologies!
Past
It wasn’t until the 90’s when gambling started transforming their games to the internet. And the very first powerful and secure software of online casino was launched by Microgaming during 1994. It was an overnight sensation among players, for the first-time players were able to gamble online!
Which was defiantly the spark to the vast rise of online casino, companies began launching their own online casino games as well, creating a more extensive variety of games; ranges from card games, poker, blackjack, and slot games and more! It was until the summer of 1996 where real bets were being wagered at online casinos!
Present
That brings us to the next wave of revolution, moGaming; the mobile online casinos. Mobile devices became an everyday must-have object. The frequent use of mobile has become everyone’s pocket and purse.
By making online games playable with mobile users, it pushed the gaming sensation to another level of comfort! Players can play anytime, anywhere and enjoy themselves no matter where they are. If you would like to find out more on the growth of moGaming, don’t’ hesitate to look into The Progression of moGaming for more insight!
Future
And now the transformation of casinos has integrated into Virtual Reality (VR)! It is said that the future of online casinos is heading its way to Virtual Reality (VR)! And since the advancement of Virtual Reality (VR) technology have become a lot more affordable, such as Oculus Rift, HTC Vive, and Samsung Gear. It defiantly made Virtual Reality (VR) for iGaming to a more affordable reality, because if history has shown us anything, it’s how gambling industries always remain at the front line with the latest technology trends, and always providing players a refreshing perspective of gaming.
Thus far NetEnt and Microgaming have been creating the most innovative technology when it comes to Virtual Reality (VR) casino gaming. By pushing the boundaries in the Virtual Reality (VR) and entertainment business innovations. NetEnt is responsible for some of the most favorite Virtual Reality (VR) slot game; Jack’s World and Gonzo’s Quest. As the CEO of NetEnt, Per Eriksson once said: “We firmly believe that VR has a given place in the future of online gaming, based on our research and the trends that we monitor. We remain focused on delivering the ultimate entertainment experience by taking this first step towards developing our first real-money VR slot. This is a milestone for NetEnt and the gaming industry.”
And let’s not forget Microgaming have also been responsible for developing other exciting new casino technology, always continues pushing forward and providing players with new and unique gambling experiences. During March 2015 CEO Roger Raatgever have also spoken about a wider announcement of the wearable technology plans Microgaming have for players; such as their Virtual Reality (VR) roulette game! Being the front-runner in the world of Virtual Reality. Being the true pioneers of modern Virtual Reality Casinos. This is just all the beginning of Virtual Reality (VR) Casinos!
References: - NetEnt Financial News, Product News, 7th February 2017, NetEnt pioneers online casino with real-money Virtual Reality slot , https://www.netent.com/en/netent-pioneers-online-casino-with-real-money-virtual-reality-slot/ - King’s College London, News Centre, 28th October 2016, Charles Wheatstone: the father of 3D and virtual reality technology, https://www.kcl.ac.uk/news/spotlight-article.aspx?id=02c30c16-fdd4-49bf-83f2-051e935b6336 - Gambling.com, News, 5th April 2016, Microgaming Continues with Virtual Reality Roulette Development, https://www.gambling.com/news/microgaming-continues-with-virtual-reality-roulette-development-165200 - Online Casino Blue Book, VR Casino Guide, November 2018, https://www.onlinecasinobluebook.com/vr-casino-guide/
