Has 5G Actually Had An Impact On iGaming?
As the world slowly moves out of 4G technology into 5G, bandwidth increases, speed increases, network capacity increases, latency decreases, and more users enjoy improved connectivity.
5G networks started to be rolled out to mainstream players in 2019. Since then, many factors have influenced gamblers’ perceptions of online casinos. The world has developed and changed in the past few years in ways that we could never have predicted. The advent of 5G, a powerful new communication medium, has ignited the imagination of game developers and the public alike.
Gamblers look for the attributes 5G offers when signing into their favourite online casino. They rely on reliable, high-speed networks, so the major characteristics of 5G boost the user’s experience. Indeed, online casinos seek to offer new experiences for their customers – like, for instance, the 32Red slots tournament – and 5G is enabling them to do just that, by optimising their live casino games and expanding what in-play bets customers can make.
High-speed Data Transfer
The high-speed data transfer in 5G allows games to load faster, and players experience negligible interference. It also allows banking, especially crypto transactions, to happen quicker and more efficiently. Players experience less buffering and no long load times. This improves the user experience leading to happier customers.
This increase in speed also benefits sports betting. Gamblers can rely on a 5G network to provide an always-on high-speed connection. This allows them to place in-play bets and know that the bet will reach the casino almost instantly.
Improving the Quality and Complexity of Games
The advent of 5G has allowed game developers to develop more complex and exciting games. The speed of data transmission in 5G allows games to load rapidly. Developers need not worry about data-hungry apps. They can include high-quality graphics and music, knowing the network can handle the data requirements.
Virtual reality and augmented reality are both possible over 5G networks. This opens an incredible new set of gaming opportunities for developers to exploit.
Network Reliability
This is another essential attribute for online gamblers. The network’s reliability is imperative. A player’s last need is to have the network go down when they are in the middle of bonus spins.
Security
5G networks make it much easier for online casinos to use blockchain technology to improve customer security. Using blockchain technology for security will make it almost impossible for cyber criminals to steal customers’ details.
Cryptocurrencies are becoming ever more popular as a means to pay for online gambling. These transactions are anonymous and will never be reflected on a bank statement. 5G networks facilitate the effective use of smart contracts. These will do away with third-party transaction approval.
Have These Attributes made a Difference in Online Casinos?
The public has noticed the attributes of 5G networks. We have quickly latched onto this technology’s fantastic speed and reliability. It is reasonable to believe that online gamblers prefer this steady, high-speed network for gaming.
The security of customers’ data has always been a high priority for all online casinos. The use of blockchain technology to hold information about customer details and financial transactions facilitated by 5G networks will be highly appealing to many casinos. Also, using smart contracts will facilitate financial transactions at high speed with improved reliability. These attributes can set one casino apart from others and appeal to serious gamblers.
It is fair to say that 5G has allowed for the emergence of VR casinos. VR casinos would struggle to perform adequately on slower networks. The data transmission rates required for VR are enormous. 5G meets these requirements. Cision projects that the VR casino sector will experience accelerated growth at a CAGR of 53.13% for the coming year. This is a remarkable growth rate. The popularity of VR as an entertainment medium can, to a certain extent, result from networks that can manage to run it effectively.
No definitive data may prove that 5G has impacted the online casino business. But the growth in 5G networks worldwide indicates consumers’ preference for this network. As software developers exploit the technology, the online casino industry can benefit from more complex games, improved security, and more reliable uptime.