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The Role of Artificial Intelligence in Modern iGaming – Analytics Insight
When it comes to the talk of technological advancements, artificial intelligence will always be one of the most revolutionizing technologies that are present in many industries. Artificial Intelligence is defined as the theory and development of computer systems to be able to perform human tasks like visual perception, speech recognition, and even decision-making. The first AI program can be traced as early as the 1950s and since then, it's been continuously developed. Right, now we can already see how powerful AI is and how widely present it is in many industries like gambling. Artificial Intelligence has always been heavily acquainted with gaming including gambling.
SoftGamings: How artificial intelligence is shaping online gambling
The gambling industry has adapted to the emerging trends of the consumer world, therefore it's no surprise that a trend as groundbreaking as artificial intelligence (AI) has impacted the online gambling ecosystem, online platform developer and games aggregator SoftGamings explores the situation further. Gambling has evolved immensely since its formation, from games of chance being played in China, to present times, where we can enjoy Slots, Roulette, Baccarat, Fortune Wheel, Poker, Dice and many other games. It's undeniable that we make public a considerable amount of data on our everyday lives. The information about the websites we visit, advertisements we react to, purchases we make, updates we post on social networks and many more things inform marketers a great deal about our consuming potential. This is why data collection and analysis have become crucial for optimising marketing performance. It's something that's illustrated by the fact that the worth of the big data market was $35 bln in 2017, a figure that's expected to triple by 2027.
how-artificial-intelligence-is-set-to-change-the-face-of-online-gambling
Artificial Intelligence or AI is making revolutionary changes in most of the industries in the recent years. Almost every industry face the heat of AI, and many of them will get the benefit of it in future. Per industry experts, transportation, medicine, gambling, and Personal Assistance Services Industry would see most visible changes. Due to the transition of gambling to online mode, the technology would enhance the gaming experience to higher levels. It is great to know how AI is going to change the pace of online gambling.
Would AI become a huge threat for casino operators?
Two news items about card games caught my attention recently. One is about a Chinese woman who took away about HK$160 million in winnings from baccarat tables in several casinos in Macau. The other one is about an artificial intelligence (AI) called Libratus, which managed to beat four of the world's top Texas poker players and won chips worth US$1.7 million in a 20-day marathon tournament. With regard to the mystery gambler, casino operators were dumbfounded. "She kept winning over HK$10 million every day, it's so unusual," the head of the Macau Frontline Workers Association was quoted as saying.