| | DECEMBER 20206CIOReviewThe casino industry has passed through numerous transformations over the previous years. All these changes come together with technological innovations which bring completely new things in the market. The future will bring additional changes to the gambling world both to online and land-based casinos.One of the latest trends in the casino world is crypto technology. There are many casino platforms that accept crypto payments and allow customers to enjoy the security of their transactions. Traditional payment options are still available at most platforms, but crypto payments are becoming more popular among new users. There are a number of advantages of crypto transactions including full anonymity, added safety, and minimized chances for possible frauds. Another trend in the online casino industry is creating mobile optimized options and social gaming. It comes with an increase in the number of people who choose free to play options. These games don't contribute directly to casino platforms, but providers can make money in alternative ways. For example, most of the games require players to pay small fees and upgrade favourite games to include special features.Although much of the technology is experimental, there is significant evidence that it can be used to create realistic casino experiences for players involved in particular games. Virtual reality casinos won't be any different from a land-based casino, in the sense that you will see and feel everything as it should be, but without leaving your house. On the security front, the gaming industry currently focuses on blockchain and quantum cryptography, which, in theory, will protect IT services from being penetrated. Quantum cryptography can help protect online casinos from being hacked, but it can also protect user data, such as the different transactions performed by players on the gaming platforms. These types of technologies may help enhance the user's experience in some way, while also promoting the services as safe and secure.The gaming industry is experiencing massive growth at the moment, and while this is good news for the companies involved, it can also raise new concerns over security because the expansion introduces new areas of vulnerability. However, by leveraging new technologies, online gambling can become the most secure industry online, and all this can happen within a few years.EditorialThe Changing State of the Casino IndustryCopyright © 2020 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewContact Us:Phone:510-230-0395Fax:510-894-8405Email:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com December - 09, 2020, Vol 09, Issue - 105 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasVisualizersIssac GeorgeJaxon Jase*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Dean Winchester
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