The Future of Virtual Reality in Online Gambling
Posted in Industry September 9, 2017

The Future of Virtual Reality in Online Gambling – Top VR Casino Developments

Virtual Reality (VR) is changing the way you experience online casino. This advanced technology provides players with an immersive experience that outshines regular live dealer casinos. More and more online gambling operators are adopting VR tech and offering their players a wide range of VR games. Initially, the game selection consisted mostly of slots, but with the rapid development of VR tech, it is only a matter of time until live casinos also adopt this technology. When that happens, brick-and-mortar casinos will most likely experience a significant decline in customers, which has the potential to reshape the gambling industry.

The Future of Virtual Reality in iGaming: Anticipated Growth Projections

Virtual Reality is a computer technology that offers digital worlds that are visually perceptible, which allows players to experience a near-real-life casino. In the online gambling industry, VR provides players with an immersive experience that takes you inside the game world.

VR technology has been under experimentation for several decades, but it recently exploded on the market in 2016 and is now the most rapidly growing segment of the iGaming industry. The global VR software market is expected to reach nearly $40.5 billion by 2020.

According to industry predictions, VR companies are expected to earn $520 billion from online gambling by 2021. That’s an 800% growth compared to current statistics. NetEnt recently launched the first VR slot in 2017, and there are over a dozen high-quality VR casinos available for play today. Online gambling operators are increasing the variety of VR games available, and game developers are putting a lot of effort into creating new VR games. Virtual reality live dealer games have been announced by industry experts, but there have been no successful launches so far.

VR Casinos: Advantages and Disadvantages

Like any other technology, VR casinos have advantages and disadvantages. However, considering that their history is less than a year long, their benefits significantly outweigh the drawbacks.

Advantages of VR Casinos

  • Numerous opportunities for social interaction
  • Incredibly immersive gaming experience
  • Live chat feature for communicating with dealers
  • Constant updates and tech upgrades
  • Enjoyable and unusual gaming adventure

Disadvantages of VR Casinos

  • Possible tech failures due to underdeveloped technology
  • Potential for increased player spending due to heightened immersive experience
  • Possible player distraction due to the full immersion aspect of the game

As you can see, the drawbacks of VR casinos are manageable. However, players need to exercise caution to avoid overspending and use self-control features provided by the casinos. Most VR casinos offer the ability to set a time and money limit per session, as well as the number of sessions.

Players should always use the responsible gaming tools provided by online casinos to prevent getting carried away by VR gambling’s realism and subsequently risking their money and well-being.

Frequently Asked Questions about Virtual Reality Casinos

  • Do I need to download VR casino games?Yes, you will have to download the VR casino’s app to enjoy the full VR experience. You will only have to download the app once though, as it enhances the VR gaming experience for all games the casino offers.
  • Do I need a specialized VR device?Yes, you require a VR device such as Oculus Rift to enable VR gaming in a VR casino. Nevertheless, some gambling operators do offer VR games as part of their service, which allows you to play without any VR equipment. However, you won’t be able to explore the VR world. Some casinos offer both types of online gambling, such as SlotsMillion Casino and BGO Casino. Note that if you without VR equipment, it would simply transfer you to the same slot in 3D.
  • Do I need a special controller for VR casino games?No, you can use your standard controllers to play VR casino games.
  • Can I interact with other players in VR casinos?This depends on the VR game and the casino. Most VR games allow you to see other players in the game and interact via a chat function.
  • Are other players able to see my game screen in VR casinos?No, the current VR technology does not enable other players to view your game screen, nor you theirs.
  • Are bonuses, promotions, and responsible gaming limits applicable in VR casinos?Yes, all limits and responsible gaming settings should automatically be applied to your account. As for bonuses, players would have to check if they apply to VR games specifically.

Now that you know more about VR Gaming, it is worth trying it to experience the phenomenon yourself!

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Online Gambling, Virtual Reality, VR Gambling

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