Technology Essentials for Casino Businesses
Online casinos are one of the most popular growth markets in the world at the moment, with more appearing almost every day. It’s no shock that the industry is growing at such a fast rate. Many people want to set up these sites in the current market, but not everyone understands what is required to make a successful online casino. Below, we’ve taken a look at what you need to succeed in the online casino world.
Popular Game Choice
This is perhaps the most obvious point on our list. However, in some cases, casino operators ignore it. It actually takes a lot of knowledge and research to be able to put together a high-quality roster of casino games. A good example of this would be the Indian market. In India, titles such as Andar Bahar and Teen Patti are extremely popular. Missing these games out of a site built for Indian players would be a huge mistake.
Not everyone would be aware of this information and may choose to just go with the perceived standards for online casinos instead. This would then lead to the site not being as successful as it could be — and even potentially failing.
Today, it’s also important to provide access to live dealer versions of games as well. With both Andar Bahar and Teen Patti offered as live dealer choices by top software providers, it’s possible to provide Indian players with a live dealer selection that will cater to their tastes. Having the right selection of games is vital, and this means carrying out enough research to ensure that the operator signs deals with the right providers to build a desirable portfolio of games.
Security
Security is hugely important for online casinos. As the internet can often be targeted by scammers, implementing the requisite levels of security has to be near the top of the priority list for operators. Poor security means that the casino could be attacked on a regular basis. This will cause customers to lose their money, which the casino would then have to pay back.
One of the best ways to provide security to customers is to have trustworthy SSL certification in place. This is a solution for encrypting both incoming and outgoing connections to the site. As a result, the data that the customer and the casino pass back and forth between each other has a cipher applied to it. If a hacker is able to get hold of the data while it is being transferred, it is encrypted. This makes it useless to the hacker. It’s a great way of protecting both the casino and the customer, and deterring hackers from making an attack.
Another important security technology to add to a site is the option to use two factor authentication. This will require customers to provide two separate pieces of login information from different communication methods. It provides an additional barrier against hackers and makes it harder for accounts to be stolen.
As casino regulation makes it illegal to transfer money to an account that is different to the named person for the account, this also adds another barrier to hackers attempting to steal from either customers or the casino.
Crypto Support
In the early days of online casinos, having debit card support was seen as progressive. Many sites used checks and wire transfers for all deposits and withdrawals. This changed over time as e-wallets such as PayPal, Skrill and Neteller started to become more popular. There’s another shift coming now: cryptocurrency.
Crypto is something that’s on the lips of countless people across the globe at the moment. It’s also starting to make its way into the world of online casinos in a number of different ways.
The first way is obviously as a payment method. A lot of online casinos are starting to offer cryptocurrency as a payment method for their players. Not just the big names (such as Bitcoin or Ethereum) either: smaller cryptos, such as Litecoin and USDT, are also being offered. In order to compete with some of the top sites on the market, it’s becoming vital to integrate crypto support with casino technology.
There is more to this than just payments, though. Blockchain technology is extremely versatile. It can be used for a number of different technological solutions, and has already made its way into the online casino world through provably fair games. These use the Blockchain to prove that they have been behaving in a completely random way and that they are not rigged.
It’s not just that either: there is already talk of using the blockchain to create a fully functional virtual casino in the near future. All of this means that for any online casino looking to be able to compete in the future, embracing cryptocurrency and the blockchain is vital.
