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Virtual reality is expected to have a major impact on the way people interact with the internet. One of the industries expected to be impacted the most is the online gambling industry. This article examines the current state of VR betting on the web and how it's going to change in the near future.
While people have been betting on the internet since the mid-1990s, the promise of virtual reality casino games has grown dramatically in recent years. PokerStars, the world's largest online poker site, now offers its players the ability to play real money poker games in VR. The company also recently added blackjack to its menu of VR gambling games. Aside from PokerStars, other online gaming firms have started to develop virtual reality casino games as technologies such as the Oculus Quest 2 by Meta become more popular with gamers.
According to Statista, the worldwide internet gambling market is said to be worth approximately 59 billion U.S. Dollars. "The global online gambling market is anticipated to be valued at more than 92.9 billion U.S. dollars in 2023. The current size of the market is almost 59 billion U.S. dollars, meaning the size is forecast to double in the upcoming years." With such dramatic growth on the horizon, it's no surprise that gambling sites are developing their own proprietary VR games for gamblers to play.
Internet casinos are expected to be one of the biggest areas of the web impacted by the growing virtual reality industry as companies like Meta (formerly known as Facebook) continue to improve VR headsets like Oculus Quest 2. Launched in 2012, Oculus was bought by Facebook for $2 billion in 2014.
VR headset technology has come a long way since then. No longer do you have to use a bunch of cables and wires to experience an immersive virtual reality experience as you did just a few short years ago. The Oculus Quest 2 headset is now completely wireless and the immersive experience is totally surreal.
Casino players have been looking for new games to play online and the promise of virtual reality gambling is one of the most exciting areas of new game development. VR casinos are likely to become a popular new trend in the online gambling sector as the number of VR players increases along with improvements to existing virtual reality technologies.
Currently, most online casinos do not yet offer VR games. The typical internet casino operator offers a collection of casino games developed by various software developers who have yet to enter the VR space. This is going to change soon as the success of PokerStars' poker and blackjack games have gotten noticed by its competitors in the marketplace.
Virtual reality games are set to change the way people gamble online. Until now, gamblers have mostly been playing mobile games like slot machines, roulette, blackjack, and poker games. Mobile casino software has enabled players to wager from their phones just about anywhere they go. Much like this, VR casino games are set to explode in popularity as virtual reality becomes mainstream in 2022 and the years ahead.
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