#The Future of Online Gambling with Pragmatic Play Innovations

In recent years, the online gambling industry has seen tremendous growth and expansion. With advancements in technology, more and more people are turning to online gambling as a form of entertainment. In fact, according to a report by Statista, the global online gambling market was estimated to be worth over $66 billion in 2020 and is projected to reach $92.9 billion by 2023. This rise in popularity can be attributed to the convenience, accessibility, and variety of online gambling options.

One of the leading players in the online gambling industry is Pragmatic Play. Established in 2015, this software provider has quickly become a household name in the world of online casinos. Its innovative approach to game development, coupled with a vast array of high-quality games, has made it a favorite among both players and operators. But what does the future hold for Pragmatic Play and online gambling as a whole? Let’s dive in and explore the potential of Pragmatic Play innovations in shaping the future of online gambling.

The Rise of Mobile Gaming

In today’s fast-paced world, people are constantly on the go and rely heavily on mobile devices for almost everything. The online gambling industry has recognized this shift in consumer behavior and has adapted accordingly by optimizing its games for mobile devices. The demand for mobile gaming has been steadily increasing, and according to a study by Newzoo, the global mobile gaming market is expected to generate over $100 billion in revenue by 2023.

Pragmatic Play has been at the forefront of this trend. Its games are developed using HTML5 technology, making them easily accessible on both desktop and mobile devices. Players can enjoy a seamless gaming experience on their smartphones and tablets, without compromising on graphics or gameplay. In addition, Pragmatic Play has also developed a dedicated mobile app for Android and iOS devices, making it even more convenient for players to access their favorite games.

Virtual Reality and Augmented Reality

Another technology that is expected to shape the future of online gambling is virtual reality (VR) and augmented reality (AR). These emerging technologies have the potential to revolutionize the online gambling experience by providing a more immersive and engaging experience for players.

Pragmatic Play has already taken the first steps towards utilizing VR and AR in its games. In 2016, it announced its partnership with Solid Gaming to develop VR versions of its most popular games, including Wolf Gold and Hot Safari. These games were showcased at ICE London 2017 and received a great response from industry experts and players alike.

Apart from VR and AR, Pragmatic Play has also introduced 3D graphics in some of its slot games, adding a new level of realism and depth to the gameplay. With continued advancements in technology, it is only a matter of time before we see full-fledged VR and AR games from Pragmatic Play.

Blockchain Technology

The use of blockchain technology in online gambling is on the rise. It offers secure and transparent transactions, eliminating the need for third-party involvement and ensuring fair gameplay. The popularity of cryptocurrency has also contributed to the growth of blockchain technology in the gambling industry.

Pragmatic Play has recognized the potential of this technology and has incorporated it into its live casino games. Its first live casino game, Mega Wheel, is built on a blockchain-based platform. This ensures that the game is provably fair and transparent for players, creating a more trust-based relationship between the operator and the players.

Artificial Intelligence

Artificial intelligence (AI) has become an integral part of our daily lives, and the online gambling industry is no exception. From chatbots to personalized game suggestions, AI has a wide range of applications in the online gambling world.

Pragmatic Play has been investing in AI technology to enhance player experience. Its chatbot feature, ‘Chailey,’ is available 24/7 to provide real-time assistance to players. It can address queries and resolve issues efficiently, freeing up customer support agents to handle more complex tasks. Pragmatic Play has also incorporated AI in its game recommendation engine, suggesting games tailored to each player’s preferences and gameplay history.

Responsible Gambling

With the rise in the popularity of online gambling, comes the concern of responsible gambling. Pragmatic Play has taken this issue seriously and has implemented responsible gambling tools in its games. Players can set limits on their spending and time spent, helping them to gamble responsibly.

Apart from this, Pragmatic Play also has a dedicated responsible gambling team that works closely with operators to ensure compliance with industry regulations and promote responsible gambling practices. The company also supports organizations such as GamCare and GamStop, which provide support and resources to individuals struggling with gambling addiction.

The Future of Pragmatic Play Innovations

With its innovative approach and commitment to staying ahead of the curve, Pragmatic Play is set to continue its upward trajectory in the online gambling industry. Its focus on mobile gaming, VR/AR, blockchain, AI, and responsible gambling will undoubtedly contribute to shaping the future of online gambling.

Apart from game development, Pragmatic Play is also expanding its presence worldwide. In 2020, the company announced its entry into the Colombian and Brazilian markets, further strengthening its global presence. It has also secured licenses in various jurisdictions, including Malta, Gibraltar, and the United Kingdom, allowing it to offer its games to a wider audience.

Conclusion

The future of online gambling is bright, and Pragmatic Play’s innovations are playing a vital role in shaping this future. The company’s emphasis on mobile gaming, VR/AR, blockchain, AI, and responsible gambling is a testament to its commitment to providing an exceptional gaming experience to players. As technology continues to advance, we can expect even more groundbreaking developments from Pragmatic Play, making online gambling more accessible, entertaining, and secure for all players.