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Daily Archives: May 13, 2024
After Decades of Promise, the Virtual Reality Era Has Finally Arrived – Kiplinger’s Personal Finance
Posted: May 13, 2024 at 12:35 pm
To help you understand what is going on in the tech sector our highly experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Heres the latest
The virtual reality industry got a much-needed jolt when Apple finally joined the fray with its first VR headset. If any company can bring face-worn devices to an audience beyond gamers, its the tech giant that introduced the world to the smartphone. Apple is focused on the mass market, says Jitesh Ubrani, research manager at IDC. Apple is doing a great job introducing the technology to many people.
It's still early days. But theres huge long-term potential. Heres an outlook for VR and the many ways it will be used.
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Vast improvements in tech components make amazing VR possible today. Headsets run on energy-efficient yet powerful mobile chips, and are packed with components: A memory chip, fast Wi-Fi, a slew of cameras, high-end eye displays, microphones, speakers, laser-scanning sensors, motion sensors, tiny cooling fans. (But batteries, on board or in a connected pack, are still heavy, yet last just 2-3 hours.) Users can fully immerse in a virtual world for calls, gaming, entertainment, etc. Or the front-facing cameras make a live video stream and 3D scan of the room so users can see their real environment populated by virtual screens or holograms.
Todays models will seem clunky in 5 to 10 years, as big improvements occur to shrink the size and weight, without hindering performance. Costs will fall, too.
The leaders are Apple and Meta. Meta has about 60% of global headset sales, focusing on lower-cost models ($500 or less) for gaming and social virtual worlds. Apples $3,500 Vision Pro has a dazzling display and dozens of high-end components, plus a new VR operating system that takes familiar apps and puts them into VR. Plus, Apple built two new chips: One for computing and one for eye/hand tracking. The device is controlled by incredibly precise eye and hand tracking. A simple glance at a digital icon and a subtle tap of two fingers will select it, with no noticeable lag.
There are plenty of other players, too. HTC, DPVR, Valve, Varjo, HP and Chinas ByteDance make high-quality headsets. Alphabet, Samsung and Huawei are among the tech giants expected to launch a device. Augmented-reality glasses, a related category, are not full VR and use transparent lenses to overlay digital info onto the real world. Top vendors include Xreal, Vuzix, Magic Leap and Microsoft.
The possibilities are nearly endless when it comes to specific VR uses. But Apple shows how VR can eventually be a general computing device. Think of Apples breakthrough VR operating system, visionOS, as Windows for VR, a new way to access web browsers, e-mails, documents, photos and all other apps. A crisp PC monitor, any size, can float in a fixed position in the room in front of you. Other apps, such as photos or a calendar, can open to the sides or hang on a wall. You can put these holographic monitors in the actual room or turn your workspace into any setting, such as a rocky coast in Washington, a tranquil lake in Maine or a beach in Italy. Early businesses testing Apple VR include Walmart, Vanguard, SAP and Stryker.
On-the-go workers can set up a virtual office anywhere, such as on a plane, in a crowded bus or in a hotel room. Even in a cramped taxi, users can multitask with huge displays and multiple windows open. Open a spreadsheet on one side, e-mail in the center and a web browser to the right. Receiving a call? A video chat will open in front of you, either in 2D or as a 3D avatar. Talking about a new product or design? A 3D hologram will appear on the desk and colleagues can collaborate to spin the object around, test updates and take notes on a virtual whiteboard.
VR will remain a niche market in the near term, hindered by high costs and a lack of VR content. But content is coming, as developers build VR apps, and Hollywood and others shift production to VR videos. Still, expect strong headset sales in coming years. By 2028, global yearly shipments of VR/AR headsets will hit 35 million, up from nearly 10 million this year, according to market research firm IDC. Apples device will sell at least 400,000 units in 2024. Expect Apples VR business to grow significantly, to about 10% of revenue, about the same share as iPad. Daily usage will rise steadily, too, a key metric.
Theres a rapidly growing list of uses for VR, including many practical ones. Todays office apps are being optimized for VR. From collaboration tools such as Microsoft Teams and Slack, and web-based storage services such as Box, to project management tools such as OmniPlan, and video chats with life-size screens.
Some of the specific areas that are promising:
VR has the potential to cannibalize other tech segments, including PC monitors, big-screen TVs, game consoles and smartphones. Movies are stunning in VR and will give theaters competition. Still, the apps that will harness VR the best have yet to be built. But they are coming soon and will start winning over new users. Start-ups and tech giants alike will find moneymaking opportunities in VR. To get there, expect even bigger investment from companies and venture capitalists.
This forecast first appeared in The Kiplinger Letter, which has been running since 1923 and is a collection of concise weekly forecasts on business and economic trends, as well as what to expect from Washington, to help you understand whats coming up to make the most of your investments and your money. Subscribe to The Kiplinger Letter.
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After Decades of Promise, the Virtual Reality Era Has Finally Arrived - Kiplinger's Personal Finance
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Hahnville senior signs with virtual reality gaming company – St. Charles Herald Guide
Posted: at 12:35 pm
Ian Fischer smiled broadly as he spoke about the unique opportunity before him.
Its awesome Im enjoying every minute of it and Im excited about everything thats to come, Fischer said.
Last week, St. Charles Parish Public Schools held a Career and Technical Education (CTE) Letter of Intent Signing Ceremony that saw 10 of the school districts top students accept apprenticeship-type positions with various companies.
Fischer, a senior at Hahnville High School, signed with Striker VR, a virtual reality gaming company under the umbrella of HapTech Inc., a company founded by Hahnville High School alum Kyle Monti. HapTech is centered around haptics, the technology that gives real world sensations to virtual reality experiences. HapTech innovates military training weapons. Its training weapons are unique because they use magnets to create hard-hitting recoil thats more realistic, less expensive and easier to maintain than the traditional training weapon technology that was developed in the 1970s.
Fischer has been working on the Striker side of things for the past several weeks. The signing day made official what he had been offered a few days earlier a paid two-month internship position with the company, where decision-makers saw potential worth exploring in the student from the work he had done with the company already in a learning capacity.
When they told me we want you to stay, it was really a lets go! type of moment, Fischer said. It was a goal I had not necessarily expected though. I wanted to go there to learn about the industry and see if it is something Id like to continue to pursue. Im very excited to be able to continue there.
Fischer, a top member of Hahnvilles robotics team, said his interest in computers and software spurred him to explore an opportunity he came across a few years ago.
In the COVID year, Id done a bunch of credits already and learned about a program, Project SPARK in New Orleans, said Fischer. I figured, sure, Im already interested in these things I took an intro level class and really kind of fell in love with it. I started researching and learning more on my own, invested my time in it and learned what I wanted to do.
Monti said Fischer has a unique skillset that HapTech is happy to bring aboard and work with.
You could see when he was up there, when one of the students asked why is he so interested in this, Ians eyes lit up, Monti said. Hes been working on software interface that other companies with can take and integrate into their game.
Were so grateful for programs like this to exist to connect us with such talented individuals. Weve signed the paperwork and Ians coming on for a summer internship.
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Hahnville senior signs with virtual reality gaming company - St. Charles Herald Guide
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Startup aimed at VR entertainment in cars files for insolvency – PhoneArena
Posted: at 12:35 pm
Holoride, a startup that wanted to bring Virtual Reality entertainment to cars, has filed for insolvency. CEO Nils Wollny broke the news on LinkedIn in a heartfelt post that made it clear that this was very unexpected.
Founded in 2019, Holoride envisioned backseat passengers being able to enjoy VR experiences during their trips. These experiences would be designed to take into account the movement of the vehicle for truly immersive entertainment.
So, after months of negotiations, instead of celebrating holoride's next funding round to boost our new strategic direction and release new product versions, we were forced to file for insolvency.
The idea, to me, seems pretty interesting. Not every car ride passes by magnificent vistas for you to marvel at. Holoride was bringing personalized games and its own custom cinema app to make boring car rides a lot more enjoyable.
However, until then, well have to make do with other amazing VR games. And if you want to do your part in helping the XR industry grow, our list of the best VR headsets in 2024 is sure to help.
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Startup aimed at VR entertainment in cars files for insolvency - PhoneArena
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Best VR games in 2024 – TechRadar
Posted: at 12:35 pm
The best VR games intend to take your gaming experience one step further, bringing the dream of stepping into your favorite games to life. But, with the number of titles on the market, it can be hard to know which ones are worth your time and energy, so we've pulled together the best of the best so you know which adventures in VR are worth embarking on.
VR technology is becoming better, too headsets are becoming more ergonomic, and developers continuously improve reaction times and measures against nausea so that your time playing feels smooth and you can concentrate on having fun. Because of this, VR gaming is becoming more accessible to a wider audience, making it even more important to be playing the best games on the platform.
By now there are not only a lot of games to choose from, but also different headsets to consider if you havent made your choice yet, let us help you find the best VR headset with our definitive list. Whether youre playing on a Meta Quest 2, Valve Index, or PSVR 2 headset, this list has games for any kind of VR platform. If youre looking for something more specific, check our lists of the best Meta Quest 2 games, best VR fitness games, and best VR horror games.
Why you can trust TechRadar We spend hours testing every product or service we review, so you can be sure youre buying the best. Find out more about how we test.
Essential zombie slaying
Platforms: PSVR 2
For fans of the best zombie games, Arizona Sunshine 2 is a must-play. You'll need to optimize the tactile gunplay the game offers while facing off with hoards of the undead, making for a fast-paced frenzy of zombie slaying. It's intense, but the gameplay feels so fluid that you can really lose yourself in its content. Plus, you can pet the dog - and that's always a good sign.
In addition, the environment of Arizona Sunshine 2 is enough to sell it alone. As you'd expect from one of the best VR games, a solid setting helps enhance the experience, which Arizona Sunshine 2 definitely delivers.
The best VR rhythm game
Platforms: Meta Quest 2, Valve Index, HTC Vive, Oculus Rift, PSVR
Dance Dance Revolution meets Star Wars, Guitar Hero meets Tron; thats the best way to describe Beat Saber. This rhythm game has players slashing around glowing sabers to the beat of a musical track. It challenges players to keep up with the tune while cutting through colored blocks and dodging obstacles.
This game was one of the first VR titles to hit mainstream notoriety, because it looks so much fun to play, and its still one of the best VR games today thanks to an impressive library of DLC tracks that expand the song selection. Hooking up external headphones (our list of the best headphones can help you there) is a must so you can enjoy tracks from Billie Eilish, Skrillex, and Beat Saber's genre mixtapes to the fullest extent.
Become an international superspy
Platforms: Meta Quest 2, Valve Index, HTC Vive, Oculus Rift
I Expect You to Die 2 is the perfect James Bond simulator, putting you into the shoes of a bonafide international superspy on a mission to take down a criminal organization no matter what convoluted traps stand in your way.
During this escape room-like experience, youll have to deflect hidden lasers, avoid heat-seeking missiles, and serve drinks so you can thwart the criminal mastermind before their plan comes together. The traps can leave you feeling more like Austin Powers than 007, but even when you fail the game is full of humor to keep you entertained. With its delightful characters including the brilliant voice acting of Wil Wheaton and spy-clich story, I Expect You To Die 2 delivers a VR experience that will have you feeling like a super spy.
Perfect with friends (or enemies)
Platforms: Meta Quest 2, Valve Index, HTC Vive, Oculus Rift, PSVR
Keep Talking and Nobody Explodes is the new Mario Party, at least in the sense that it will make your friends hate you.Developed by Steel Crate Games, this game requires careful attention from a recommended 2 to 6 players. While one player works to defuse a bomb, the others have to provide clear instructions on how to do so, but neither team can see what the other is looking at.
Demanding some intense cooperation from your peers, Keep Talking and Nobody Explodes is a fun game with the right group of people, and one of the best VR games thanks to how well it translates.
A relaxing cooking sim
Platforms: Meta Quest 2
A lot of the best VR games are somewhat frantic, but they don't always have to be. Lost Recipes is a wonderfully relaxing cooking simulator that's a great pick whether you've been playing games for as long as you can remember or are a complete newbie. Each level tasks you with creating a historically accurate dish using a variety of cooking methods and ingredients to please a ghost NPC who is guiding you through the process. It's a weird, yet excellent, blend of Assassin's Creed Nexus VR and Cooking Mama in VR.
Schell Games combines elements of these games with approachable VR gameplay, charming NPCs, and highly detailed VR object interaction to create a concoction that is greater than the sum of its parts. Because of this, Lost Recipes is an excellent entry point into the world of VR gaming, that will also entertain experienced users with its meditative gameplay and historical tidbits.
Explore planets
Platforms: Oculus Rift, HTC Vive, Valve Index, PSVR
No Man's Sky took a while to iron out its kinks, but now it is a game like no other. In VR, no game comes this close to what it could feel like to explore actual alien planets, and that alone deserves a spot among the best VR games.
Fight aliens, build your base, or explore planets the freedom in No Man's Sky can feel daunting, but it's also exhilarating. Traversing and discovering its generated worlds is already one epic adventure many gamers would gladly immerse in. However, Hello Games has taken it to the next level by making No Mans Skys VR experience better than most other developers have on their games.
Platform: Meta Quest 2
Resident Evil 4 VR is an incredible remake of the classic survival horror game for the Meta Quest 2 platform. Armed with nothing but a knife, handgun, and the tools you can scavenge on the way, youll have to fend off parasite-infected brutes and monsters on your mission to rescue the U.S. Presidents daughter.
Thanks to the great array of comfort options available, this is a game that will leave you frightened instead of queasy. The immersive controls are awesome, too: youll really feel like Leon S. Kennedy as you stare down a horde of angry villagers trying to tear you limb from limb its enough to get your heart racing. it would make sense that one of the best survival horror games would also make one of the best VR games.
If you own a PSVR headset, why not try out Resident Evil 7: Biohazard? This game features a lot of whats great about Resident Evil 4 in VR, facing you off against equally terrifying odds as you try to escape the ranch of the wicked Baker family. Resident Evil: Village is the next game in the series with a planned VR version, so it's going to be one to watch for the PSVR2.
Revisit Skyrim
Platforms: Oculus Rift, HTC Vive, Valve Index,PSVR
At this point, Skyrim should need no introduction as a game that's been rereleased more times than we can count. This time, its come to the Oculus Rift, HTC Vive, and PlayStation VR, and, in doing so, it offers one of the biggest adventure games weve ever seen in VR.
Not only do you get to re-live the entire base game of Skyrim in VR, but the game includes the Dawnguard, Hearthfire, and Dragonborn DLC as well. Even if Skyrim VR isnt one of the best VR games on a technical level, with its dated graphics (that can be improved with mods) and slightly rough translation to VR, its still an adventure easily worth diving into especially if you're an Elder Scrolls fan.
Feel like you're in the Matrix
Platforms: Meta Quest 2, Oculus Rift, HTC Vive, Valve Index, PSVR
Super addictive first-person shooter Superhot has come a long way since its humble beginnings one of the best free web browser games in 2013. It's found its natural home on VR headsets, where it makes the most of 360-degree tracking by having enemies flank you from all sides.
Because time moves in slow motion when you do, Superhot VR benefits from the flexibility of a bigger play space. As the difficulty ramps up, you'll need every inch of cover to dodge incoming fire, bullet-time style, while crushing faceless enemies using guns, shurikens, and most satisfyingly your clenched fists.
A classic reimagined
Platforms: Meta Quest 2, Oculus Rift, HTC Vive, Valve Index, PSVR
It's hard to put the Tetris Effect experience into words. Fundamentally, youre playing a regular game of Tetris, except that the environments you're playing in change - it's trippy as heck.
Each level has its own distinct flavor, with music and visuals tailored to its theme. For example, you can play an underwater level and hear soothing underwater noises, while sparkling whales float around your head.
It's a psychedelic and hypnotic experience, and one that everyone should have the privilege to play especially if you're looking for one of the best VR games that gives you a more meditative VR experience to enjoy.
Golf with a VR twist
Platforms: Meta Quest 2, Oculus Rift, HTC Vive, Valve Index
Walkabout Mini Golf is an excellent golfing simulator, offering you eight varied courses (plus DLC) set in unique locations from a pirate cove to outer space.
Its expertly crafted golfing mechanics make it feel like you're playing the real thing and whether you're a more cautious or brazen golfer you'll find that your playstyle will be perfectly translated into this virtual world.
While it might not be the most mind-blowing offering on this list Walkabout Mini Golf is no less deserving of its place here it is without a doubt one of the best VR games we've played and you should absolutely give it a try.
Spellbound
Platforms: Meta Quest 2
If you're after a competitive multiplayer shooter set in VR, then look no further than Wands Alliances: it's quite possibly the best example of the genre on Quest 2. As a member of either The Ministry or The Watchers, you and two teammates will do battle on the streets of a steampunk London as you use your spells and unique abilities to arm or disable a magical explosive or eliminate your opponents.
The magical tricks at your disposal and the way they are used in combat both offensively and defensively make this so much more than a reskinned Call of Duty, and the tactical movement gives Wands Alliances an almost chess-like quality. It can be a lot to take in, but you'll be eased into the game gently thanks to an in-depth, yet quick tutorial. Wands Alliances is a must-play VR game that everyone with a Meta Quest 2 headset should play.
Back in the game
Platforms: SteamVR
Half-Life Alyx wasn't quite the game many had been expecting when it was announced, but it more than proved itself upon launch. The thing is, Half-Life and VR is a marriage made in heaven, with the new platform giving the developers more space to innovate and try out new types of mechanics. Playing it is genuinely transformative, as you peak from cover, manipulate objects from afar, and get into tense shootouts.
Absolutely worth trying if you have a headset to play it on. Here's hoping it's ported to be a bit more widely available though, as many simple don't have the hardware to run it.
To find the best VR games, your choice will mostly be down to preference. Only you know whether you find shooting games or space exploration games or mystery puzzle games fun. But there are some other factors to consider, too.
The most obvious is finding out whether the game you have your eye on works with your virtual reality system. To help you out we've listed what platforms these games are on under their entry with links to their storage.
Another consideration is whether the game allows you to both sit and stand. If you have a lot of room and want to play a high-energy game, it might be a no-brainer that you'll want to stand up and move about. Those with smaller spaces who aren't playing action games might want the option to stay seated and stationary though.
If you're prone to motion sickness, you might also want to check whether there are accessibility controls to change movement settings. Most people get used to VR after a few plays, but some people can still experience a lot of dizziness if they move quickly in VR or have to fly, hover or spin.
All the games featured in this guide are well worth your time, but what the best VR games ultimately depends on your personal tastes. there are many more VR games out there for you to try, take this list as inspiration and once you know which of these experiences you like best, it's time to look for more.
The team at TechRadar Gaming spend a lot of time testing out the best VR titles, and with hundreds of hours spent across different headsets, so we know exactly which titles are worth recommending.
Our experience with VR gaming, alongside the time we have spent within the games themselves, mean we have opinions you can really trust when it comes to recommendations.
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UK stakes its claims to second spot in worldwide online gambling – Euronews
Posted: at 12:35 pm
Online gambling in the UK has risen significantly during and post-pandemic, as tax-free winnings, affordability and convenience all contribute to a surge in gambling across the UK.
The UK has bagged second spot in the top online gambling nations list in 2024, with a projected revenue of about 11.01 billion (12.80 billion), according to Statista data about gambling revenue, compiled by the Japanese online casino guide for 61 countries.
This is just behind the US, which is expected to see about 18.41 billion in revenue this year. Australia took the third spot, with a projected revenue of 8.11 billion.
27.9% of UK consumers revealed that they had gambled online, with the country expected to see a rise of 7.4% in gambling revenues this year. However, this is projected to be the fourth-lowest gambling revenue increase this year. From 2024 to 2028, the UK is likely to see gambling revenues inch up 3.84% per year.
On the other hand, the US is expected to see a rise of approximately 20.3%, with Australia estimated to see a surge of 10.5% in gambling revenue this year, and about 5.12% annually until 2028. 21.1% of Australian consumers have also highlighted that they have already experienced online gambling.
Across the surveyed gambling nations worldwide, the jump in revenue is expected to be about 12.9%.
Japan came in at fourth place, with an estimated online gambling revenue of 4.95 billion this year, a 12.7% rise from 2023. About 7.9% of Japanese consumers are likely to gamble online this year, with 11.3 million people projected to be participating in the industry by 2028.
Emiko Matsuda, editor-in-chief of Japanese online casino guide said, in an email note, The surge in online gambling can be attributed to a variety of factors such as the pandemic, which meant many betters transitioned from wagering on sports to online gambling, and the data suggests that this shift is permanent.
Gambling culture is deeply ingrained in the UK, with a large market for sports and online betting especially. According to YouGovs Global Gambling Profiles data, about 49% of UK online gamblers spend more than 5 on fantasy sports and sports bets per month.
25% of online gamblers also went for slot machines, with 17% choosing casino games and 18% opting for bingo, with gamblers spending 5 and upwards for these games per month.
The lottery is also extremely popular in the UK, with Lottoland UK estimating that more than 70% of adults in the UK enter the national lottery regularly, coming up to nearly 45 million people.
However, perhaps surprisingly, football and horse-racing are not the sports that tend to see a very high amount of betting activity in the UK. Instead, sports such as cricket, tennis, boxing, rugby and golf see gamblers spend more than 200 a month, according to Global Gambling Profiles data.
Online gambling in the UK rose rapidly both during and after the pandemic, when traditional sports events such as horse racing, cricket and football faced considerable restrictions.
Now, even though these events are back to normal, the draw of online gambling still persists. This is because online gambling offers a range of advantages, such as several games and options, at the tips of gamblers fingers.
The convenience of online gambling means that visits to casinos are not always required, with players often able to access their favourite games from the comfort of their homes. Furthermore, gambling winnings in the UK are tax-free, which can be a major incentive for players to keep going and bet higher amounts than before, in the hopes of winning bigger.
Another reason gambling has gained a lot of popularity in the UK is due to increasing affordability, with several slot games allowing players to start with only 1. Gambling regulations in the UK have also strengthened, making several players feel much more confident spending money on various online gambling sites.
However, online gambling still poses significant risks in some cases, not least, the possibility of addiction, bankruptcy, fraud, scams and increased substance abuse. These in turn, may also cause rising problems at work and in interpersonal relationships.
Public Policy Exchange said on its website, The UK government estimates that 0.5% of the adult population has a problem with gambling (as many as 2.5% of people, according to a 2023 Gambling Commission survey), 3.8% are gambling at at-risk levels, and 7% are affected negatively by other peoples gambling.
Over 420,000 people in the UK lose 2,000 or more in online gambling each year. The governments economic analysis from 2023 estimates the direct financial cost to government associated with harmful gambling to be 412.9 million.
To help decrease the risks of financial loss, the UK government has imposed a levy of 2 on individual stakes on online slot machines for players under 25 years old, with a limit of 5 on individual stakes for people over 25.
Charles Ritchie, co-chair of Gambling with Lives said regarding this levy, on Public Policy Exchanges website, If the levy is going to be effective, then it would need to deliver significantly greater funds to the treatment system. Expenditure on treatment for drug and alcohol harms are many orders of magnitude greater than what is being suggested for gambling.
The 2 limit for under-25s is a step in the right direction, but 5 for over-25s is another missed opportunity to stop the harm to millions and the devastation caused by gambling suicides. Stake limits offer some harm reduction, but the products are still highly addictive, so we also need much slower spin speeds, affordability checks and proper public health information about the dangers.
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New York online sports betting handle tops $1.96bn in April – iGaming Business
Posted: at 12:34 pm
Players in New York spent $1.96bn (1.56bn/1.82bn) betting on sports online in April, one of the highest monthly figures since the states legal market launched in January 2022.
Handle is 27.3% higher than $1.54bn inApril last yearand 6.0% up from $1.85bn inMarch of this year. It is also the fifth highest monthly spend total on record in New York.
As for gross gaming revenue from sports wagering, Aprils total hit $183.8m. This is 32.4% up from $138.8m in April 2023 and 21.2% ahead of Marchs $151.7m haul.
The all-time monthly revenue record in New York stands at $211.5m,set in January this year. As for handle, players bet an all-time high of $2.11bn inNovember 2023.
Flutter Entertainment-owned FanDuel continues to hold a healthy lead in New York. During April, the operator posted $91.0m in revenue off $780.5m, both some way clear of the chasing pack.
DraftKings remains FanDuels closest challenger, reporting revenue of $63.2m and a $737.0m handle.
Caesars was some way behind in third with $10.4m in revenue from $158.8m in total bets. BetMGM followed in fourth with revenue of $9.1m and a $130.2m handle. Fanatics rounded off the top five with $5.6m in revenue from $74.1m in online wagers during April.
As for the rest of the pack, Rush Street Interactive was the only other operator to post more than $1.0m in revenue. For April, revenue amounted to $3.3m after players spent $67.1m.
Resorts World fell short of the $1.0m revenue mark, posting $616,681 from $6.6m. BallyBet followed with $580,801 from $7.7m in wagers.
Wynn Interactive was the back marker in April, posting just $85,070 in revenue off a $1.9m handle.
Since New Yorkopened its legal online sports betting market in January 2022, the state has seen impressive growth.
New York is some way clear of other, longer established regulated betting markets in other US states. These include New Jersey and Indiana, which have been open a good few years longer than New York but now flag behind in terms of both revenue and handle.
This growth also makes New York the largest contributor for sports betting tax. Earlier this year, theQuarterly Survey of State and Local Tax Revenue (QTAX), carried out by the United States Census Bureau, confirmed this.
According to the report, New York contributes over 37.0% of total tax revenue generated by sports betting in the US.
During Q3 of 2023, sports betting accumulated national tax and gross receipts of almost $506.0m. New York contributed $188.5m to this total, nearly five times higher than Indianas $38.6m.
However, it is worth noting that no state has a higher tax on gross gambling revenue than New Yorks 51%.
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Facing Facts: Online gaming trends in the last decade – Gambling Insider
Posted: at 12:34 pm
Entain FY revenue, online vs retail (bn)
Source: Company reports
By looking at Entains FY results since 2018, we set a basis for the significance that online gaming plays in the overall market. Prior to the Covid-19 pandemic, online and retail gaming existed on fairly level playing fields. Now post-Covid, while this market has recovered it has still not reached pre-Covid levels, while online gaming has grown 75.5%.
2018 also marks the founding of BetMGM, Entains online gaming venture with MGM Resorts. In FY23 BetMGMs net revenue was up 36% year-on-year for a total of $1.96bn - more than the entirety of Entain Groups FY23 retail revenue.
2018 also saw the legalisation of sports betting in the US, significantly contributing to the growth of online gaming revenue due to the range of mobile sportsbooks available.
Spin online casino Q1, Q2, Q3 comparisons by region (m)
Source: Company reports
Spin, an online casino and subsidiary of Super Group, offers games around the world, with its largest market for online casino being North America. However, more often than not the Asia-Pacific area is shown to generate more online casino revenue for Spin quarterly than Europe.
Due to the size of the Muslim population it is understandable why the Africa & Middle East area generates very little quarterly compared to other regions.
DraftKings revenue by metric ($m)
Source: Company reports
Declines in net loss and increases in revenue are a trend for DraftKings across the last four quarters, with Q1 2024 revenue almost 3.8x higher than what was reported in Q1 2021.
2022 provides a notable outlier, with net loss increasing from the year prior while experiencing growth less significant than that seen across other quarters. This may explain business decisions made after the quarter, such as acquiring Golden Nugget Online Gaming and launching iGaming in Ontario.
Between Q1 2023 and Q1 2024, DraftKings revenue grew by 52.7%. But, when will DraftKings turn a profit?
Operator iGaming Q1 revenue ($m)
Source: Company reports
By taking the data accumulated from the five iGaming states over a decade as seen above, Analysis Group has made projections of what iGaming revenue could look like in five different states, were it to be legalised. While Ballys North America Interactive and RSI both show similar patterns of growth, between Q1 2023 and Q1 2024 RSI experienced a notable spike in revenue, totaling $217.4m with a year-on-year growth rate of 33.9%. Several explanations for this growth include increased partnership activity in 2023, with examples including Playn Go, Hacksaw Gaming and the Delaware Lottery.
Ballys North America Interactive is separate from Ballys International Interactive, which routinely reports quarterly revenue of $200m+.
Ontario iGaming operators and gaming websites by quarter
Source: iGaming Ontario
The Canadian province of Ontario was the first to legalise and regulate in Canada in April 2022. In the first quarter (until 30 June, 2022) the province generated CA$162m (US$118.9m) in gaming revenue, with 18 operators and 31 gaming websites.
Growth was rapid across the first year, with a sharp incline in websites. However, this growth slowed down and even declined in some quarters the following year as operators faced the realities of navigating this emerging market.
Ontario has been a popular destination for overseas iGaming operators to launch in North America before taking on the States. Since its first Q1 report, operators and gaming websites have more than doubled.
GGR for Danish online casino market in January (Euro, m)
Source: Danish Gambling Authority
Growth of iGaming revenue in Denmark remained steady between 2012 and 2016, settling in 2017 before growing again until 2020. As seen across many of these reports, Covid-19 saw the dramatic increase of iGaming revenues across the world, before settling somewhat post-pandemic.
In 2021 online gaming taxes in Denmark grew from 20% to 28%, being a potential factor in the slowdown of GGR growth in the coming years.
Denmark opened its iGaming market in 2011 following approvals of new regulations by the EU, dissolving the monopoly system that was previously in place. Today, Finland and Norway are also working towards dismantling their gaming monopolies in favour of a licenceing system.
Flutter FY iGaming revenue by region ($m)
Source: Company reports
With iGaming only legalised in seven states, it should not be overly surprising that the UK and Ireland generate more in iGaming revenue for Flutter than the US.
The US market for Flutter is also very heavily influenced by FanDuel, the biggest mobile sportsbook in the US by market share. When looking at Flutters annual revenue overall, the US notably outperforms any other region. In 2023 for example, US operations accounted for over a third of the companys total revenue.
Growth in US iGaming revenue is more sizeable annually than growth in the UK and Ireland, in part due to the steady growth of iGaming legalisation across the states. Michigan legalised iGaming in 2021, while Rhode Island legalised iGaming in 2024. Could that see Flutters US iGaming revenue catch up with the UK and Ireland by the end of the year?
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Best Ohio Online Casinos 2024: 10 OH Real Money Casino Sites – The Hudson Reporter
Posted: at 12:34 pm
Doris Day got it right why ever leave Ohio? With the best Ohio online casinos, theres no need to find what lies yonder. Everything you could possibly need can be found in online gambling sites like Ignition.
This OH online casino deserves the top spot on our list for its outstanding game library, quick payouts, and a welcome bonus of up to $3,000. But what players of the Buckeye State really enjoy, though, is its fantastic poker tournaments. No other site does it better than Ignition.
But we know other Ohio online casino sites that have something unique up their sleeves. So, lets check them out and see which suits you best!
Online casinos are not currently regulated in Ohio, but players in the state can still access a variety of licensed offshore casinos.
These options offer a secure and enjoyable experience for OH users. Our list includes several reputable offshore casinos, allowing players in Ohio to explore various games in a safe environment.
Heads up about our links! Adblock might get confused so please disable it if you have any issues.
We hope our list will help you find your next favorite casino gambling online site. So, read on and find out more about offshore online casinos for Ohio gamblers!
Pros:
Cons:
Stepping into the world of Ignition is a quality experience on its own. This online casino truly guarantees a premium journey through the diverse online casino games it offers.
Launched in 2016, this online gambling platform quickly became one of the go-to places for Ohio residents Lets see why!
Welcome Bonus: 4.95/5
The welcome bonus at Ignition is not only generous but also sets the entire tone for your upcoming gaming experience.
This online casino offers $3000 in welcome bonuses for online poker and casino games. However, the $3,000 welcome bonus only applies to those who use cryptocurrency as their primary banking method.
Youll be eligible for a $2,000 welcome bonus if you prefer a different payment option.
Both options have a 25x wagering requirement which should be taken into account.
Ignition also offers other exciting perks, such as a Refer-a-Friend bonus, seasonal promotions, and monthly bonuses.
Game Variety: 4.95/5
Ignition offers a variety of games and genres from top-tier developers. You have countless opportunities to enjoy playing your favorite real money games here and learn about new and original titles.
The most popular titles now at Ignition include Mystic Wilds, Fast & Sexy, 777 Deluxe, and Golden Buffalo.
However, one thing we enjoyed most was poker, with online poker options, such as Zone Poker and Jackpot Sit and Go.
Additionally, Ignition has live dealer games, like Blackjack and Roulette, but at the same time, they offer virtual sports betting options, which can be super fun.
Banking Options: 5/5
You may deposit using bank cards like Visa, Mastercard, and American Express at this real money casino. Digital currencies like Bitcoin, Ethereum, and Litecoin are also available. Zelle is an additional option that you have.
Depending on your withdrawal method, the processing period might range from a few to 48 hours. Nevertheless, cryptocurrency is the simplest and quickest way to receive your funds.
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Launched in 2020, Super Slots has had enough time to become one of the top online casinos for crypto players. Lets explore what makes it popular among Ohio residents.
Welcome Bonus: 4.9/5
The welcome bonus at Super Slots allows you to claim online casino perks as soon as you sign up and make your first deposit.
Super Slots offers an immense welcome bonus of up to $6000 for first-time players. You will earn a 250% bonus of up to $1,000 for your first deposit and a 100% bonus of up to $1,000 for the next five deposits. It has a 35x rollover requirement, and you have 30 days after claiming the bonus to fulfill all the requirements to receive your winnings.
After the Super Slots welcome bonus, anyone can enjoy other promotions this casino offers.
Game Variety: 4.85/5
Super Slots might feel like a platform exclusively for online slots, but a couple of seconds on their homepage will demonstrate otherwise.
This online casino offers slot machines, video poker games, live dealer games, table games, specialty games, and so much more! No wonder its popular beyond Ohio as well its also among the best online casinos in Kansas.
One thing we enjoy at Super Slots is how frequently they add new games to their library, allowing online gambling enthusiasts like ourselves to explore and discover new gems.
Some of the most popular games on the website include Pho Sho, Golden Dragon, Amazing Bass, and Stampede.
Banking Options: 4.9/5
Super Slots accepts deposits via Visa, Mastercard, American Express, Discover, and even Bank Wire, in addition to their extensive selection of cryptocurrencies.
Super Slots offers deposits in cryptocurrencies, including Stellar, Solana, Shiba Inu, Tron, Dogecoin, and more that arent commonly accepted on other real money platforms. If youre a crypto fan, youll definitely find a deposit and withdrawal method youll like here.
These diverse payment methods not only appeal to Buckeyes but neighboring Illinois residents as well, where Super Slots also earned one of the top spots among the best online casinos.
Pros:
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Launched over a decade ago, Slots.lv now thrives as one of the most popular online casinos in Ohio. With their diverse gaming library and generous welcome perks, we were excited to explore this online gambling site.
Welcome Bonus: 4.8/5
A welcome bonus of up to $3,000 is initially offered to new players who fund their accounts using cryptocurrencies. You will also get an additional 30 free spins with this bonus!
If you use a credit or debit card to make your deposits, you will be eligible for a similar welcome bonus, but this time, it will be an up to $2,000 bonus with 20 free spins.
Additionally, Slots.lv players love being a part of the MySlots Rewards program, allowing them to claim perks and other promotions on a daily basis.
Game Variety: 4.9/5
Housing over 300 games and having new and unique titles added almost every week, Slots.lv knows how to entertain while allowing you to dive deeper into your favorite genres.
This Ohio online gambling site offers jackpots, slots, table games, live dealers, video poker, and specialty games.
Currently, some of the most popular games on the online gambling site include 5 Times Vegas, 777 Deluxe, Elvis Frog, Johnny Cash, Instant Inferno, and Caesars Victory.
Banking Options: 4.8/5
Along with Visa and Mastercard, Slots.lv also accepts American Express for the purpose of deposits and payouts.
Tether, Ethereum, Litecoin, Bitcoin Cash, and other cryptocurrencies are also frequently used by players as banking options.
Using cryptocurrencies as a banking method at Slots.lv brings you many benefits, the main one being quick and simple withdrawals, where your winnings can appear on your balance in hours.
Pros:
Cons:
Established in 2000, Casino Extreme is one of the most legendary online casinos in the online gambling industry. Offering over 300 classic and unique casino games, this OH gambling site never fails to create a fun and engaging experience.
Welcome Bonus: 4.8/5
At Casino Extreme, you can enjoy a 500% deposit bonus and 500 free spins as a welcome bonus. If you deposit $20 or more, youre eligible for a first deposit bonus of 500% with a 10x wagering requirement.
Use the bonus code BESTONE to claim this offer you can use it on all games except for live dealer games and progressive slots.
Game Variety: 4.7/5
Among over 300 casino games, you can find something of your own taste here.
While there are no sports betting options available. You can still enjoy slot machines and table games.
The most popular games available now include Plentiful Treasure, Mighty Drums, Sweet 16 Blast, and Cash Bandits 3.
Banking Options: 4.8/5
Digital currencies such as Bitcoin, Litecoin, Dogecoin, Ethereum, and Bitcoin Cash can also be used to make deposits, in addition to Visa, Mastercard, Neteller, Interac, and Flexepin.
Neteller, Skrill, Ecopayz, as well as Bitcoin, Litecoin, and Skrill, are some of the withdrawal options, and almost all of them are completed immediately.
Casino Extreme doesnt charge any fees for the withdrawal of gaming winnings, an additional exceptional perk at this online casino.
Pros:
Cons:
Launched in 2004, Slots of Vegas has an ability to transport you to your favorite land-based casino, but virtually! This Ohio online casino is famous for its awesome bonus codes, but lets see what more they offer.
Welcome Bonus: 4.7/5
A $2,500 welcome bonus and 50 free spins on a few specific slot machines are available to new Slots of Vegas customers.
New users can also enjoy a 190% Sign-up Bonus with a 5x wagering requirement.
Aside from the welcome offers, there are about 30 active promotions with specific bonuses you can use to redeem the offers.
Game Variety: 4.7/5
Slots of Vegas provides instant and downloadable casino games for online and offline casinos.
The Mariachi 5, Trigger Happy, and 777 are some of the most played online slot games here.
Additionally, there are table games available that you can take anywhere you go.
Banking Options: 4.8/5
Today Slots of Vegas allows Ohio residents to deposit using Visa, Mastercard, and Bitcoin.
Bank cards, Bitcoin, bank wire, bank checks, and more withdrawal options are also available and convenient if youre looking for quick payout options.
Welcome bonus usually sets the tone for your gaming experience at the casino of your choice. This feature allows you to explore and find your gaming style with an added perk of getting real money winnings. We took welcome bonuses into account when researching the best online casinos in Ohio to make sure our readers would get the most generous deals!
A reputable online casino offers various genres, game providers, and titles. We ensured that our list included popular table games, classic slots, video slots, poker rooms, and live dealers, so you could play your favorite classic games while discovering new ones. We also included some sites that support Ohio sports betting.
Convenient banking options are everything when choosing an online casino! This is why we made sure that our selection of online casinos had a wide range of banking methods, such as bank and credit cards, wire transfers, cryptocurrencies, and e-wallets.
The overall user experience is an important factor in selecting the best Ohio betting apps and online casinos alike. We evaluated the ease of navigation, design aesthetics, mobile compatibility, and user interface of each site. Our goal was to ensure that players from Ohio have the best experience, whether they are playing on a desktop or a mobile device.
Whether youre online gambling in Maryland or playing casino games in Ohio, security and fairness are very important. Our review process included a thorough check of the licensing, regulation, and fairness certifications of each casino. We also examined their privacy policies and the security measures they have in place to protect player information and financial transactions.
Effective customer support is essential for a positive online gambling experience. We looked at the availability, responsiveness, and quality of customer service at each casino. Our criteria included live chat, email, and phone support availability, as well as the helpfulness and knowledge of the support team.
Fast Withdrawals: Since Ignition allows you to withdraw your winnings using cryptocurrencies, such as Bitcoin, Bitcoin Cash, and Ethereum, you can also enjoy quick and convenient payouts. When using cryptocurrencies, your winnings can be on your account in a few hours and sometimes instantly.
And if you are a fan of poker, youd be happy to know that Ignition is one of the best poker sites in Ohio you can find.
Virtual Sports Betting: Not many top Ohio online casinos offer virtual sports betting as an option, but Ignition has got you covered! Here, you can enjoy virtual sports betting on soccer, horse racing, and more!
Wide Range of Bonuses: The fun at Ignition doesnt stop when you claim your $3000 welcome bonus. This online casino gaming site allows you to claim monthly bonuses, seasonal promotions, crypto-exclusive bonuses, and more. So, frequently check the Promotions tab to get the most out of your experience.
Ignition is not only popular in Ohio. Its also the top online casino in states like Arizona and West Virginia.
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Enhance Your Play with Free ChatGPT Tools – TechiExpert.com
Posted: at 12:34 pm
Although change is constantly unfolding at such an accelerated rate, the truth is that it has affected most industries, and online gambling sites are no exception. Included AI and machine-learning tools are altering the possibilities of online casinos for enhancing player experience and operational efficiencies.
This article, inspired by insights from Passagen.sea leading portal for those interested in online casinos, looks at how free tools from ChatGPT can be a game-changer for the online casino player. These top-notch, free AI solutions promise to provide improved interactions, personalized player experiences, and better security. To be a complete guide on top free ChatGPT tools that should make your gameplay even better and keep safety at its heart.
Essentially, ChatGPT boosts user experience by providing enormous benefits to online casino players. AI-driven solutions facilitate automated, intelligent customer support through the use of chatbots for answering quite a lot of inquiries from players around the clock24 hours a day, every day of the week. This will, for sure, make the users experience awesome, smooth, and responsive so that the user can always keep the issues aside and quickly get back into the game.
Furthermore, tools under the ChatGPT system are harnessed to ensure that the processing of data related to the players supports a personal gaming experience in the design of in-game interactions that meet personal preferences and behavior. Even with securityan element that could well be considered one of the top priorities for every player onlineAI tools do not lag in. The applications with ChatGPT can now detect and reduce suspicious activities, thus minimizing any fraud risk and increasing the general safety of the gaming environment.
Its very promising in its own right, as the free ChatGPT tools landscape harbors many changes that seem to be bringing about changes for the better in online gaming experiences for casino players. Now, let us get deeper into what the most effective tools are:
Chatbots for Customer Support
AI-integrated chatbots ensure support 24/7 to answer the questions of players for an improved and seamless gaming experience.
Examples of good, flexible chatbot services freely integrated into the websites of many casinos include Botpress and Rasa.
Behavioral Analytics Tools
AI-based tools that are used to analyse players behaviour with regard to personalization in the gaming experience form the core of this capability and provide higher and better retention for the player.
Examples include Google Analytics and Mixpanel offer their game-changing insights for free for basic analytics services.
Marketing Automation Tools
These are AI-driven tools that help automate marketing efforts so that, depending on player behavior and preferences, personalized email campaigns and push notifications are scheduled for better engagement.
Examples of this may be Both Mailchimp and HubSpot offer marketing automation in their free core features, though the automation is AI-driven.
Security and Fraud Detection Systems
These tools ensure real-time monitoring and detection of any unusual activities, hence ensuring that players information is safe and free from fraud.
Instances
Sift and Fraud.net are the best AI-based security solutions a virtual casino could adopt to up its fraud detection capabilitiesfree of charge.
You may want to consider the theme of responsible gaming while discussing the benefits of ChatGPT tools for online casinos. To put this critically into perspective, it will state that, on the one hand, there are aggressive promotions of AI-based benefits regarding better interaction with the customers and superior security measures, whereas on the other hand, there is a felt need to underscore the point of maintenance towards an ethical and responsible gaming practice. You are really making it a high priority to attach stringent measures for players well-being to technological advances in online gambling.
Ensuring safety not only for the players but also for the long run maintains the goodwill in the gaming industry. This is an avenue for the development and implementation of features like deposit limits, self-exclusion options, and support mechanisms for players at risk of developing gambling problems. This balanced perspective provides the assurance that there is also a strong commitment in the narrative for AI developments toward safeguarding players from some of the pitfalls that may be apparent with online gambling.
It is without a doubt that the gambler will benefit from these free ChatGPT tools channeled into online gambling at the end of it all. Once integrated into the casino platforms, the free tools will streamline customer services through automated chatbots, bring artificial intelligence into the equation in customized gaming, and improve the dynamic, secure, user-friendly gaming environment. It is highly recommended that gamblers take advantage of these technologies for improved gaming experience and safety. In this highly technical future, online gaming will have it all, and ChatGPT is one of those already leading the way.
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Live88 Unveils New Brand and Introduces Innovative Live Casino Experience – World Casino Directory
Posted: at 12:34 pm
Live88, a pioneering new live casino supplier, has announced its entry on the market, introducing a customizable offering across various live table games, aiming to redefine player experiences. The company which operates Live88 is licensed and regulated by the Malta Gaming Authority and it is also licensed and regulated by the Isle of Man Gambling Supervision Commission.
This new brand focuses on delivering premium casino titles to operators, offering dedicated tables that can be fully branded and customized to meet specific requirements. Alternatively, through Green Screen technology, operators can effortlessly provide a high-quality live casino experience with a branded background.
Designed to be fully responsive to real-time gameplay, operators can integrate individually tailored products featuring reactive animated backgrounds, promising players a unique and immersive gaming experience. Live88 also promises to empower operators to adjust bet levels on the tables, catering to diverse player segments, ranging from novices to VIP high rollers, according to a press release published by European Gaming.
Incorporating social features, Live88 seeks to introduce a community aspect to gaming. The product suite enables players to converge, fostering shared excitement and enjoyment, ultimately enhancing engagement and retention rates for operators.
Spotlight on Royal Riches Roulette
Launching with a comprehensive portfolio of classic table games, Live88 has unveiled its latest title, Royal Riches Roulette, which introduces an industry-first collection-style bonus game and generous multipliers.
Within Royal Riches Roulette, four multipliers can randomly appear among 37 standard numbers, each offering potential winnings of up to 1,000x when landing on a winning number. Players accumulate keys to initiate the bonus round, where multipliers of up to 500x are hidden beneath the games ten ornate relics.
Players can then choose from the features symbols such as chalice, sword, scroll, scepter, and others to trigger major multiplier wins of up to 500x. The collection average bet amount is used for the relic selection in the first instance and then it will be multiplied with the revealed multiplier later on.
Among the other live dealer games offered by Live88, we can find live casino classics such as Blackjack, Roulette, Baccarat, Dragon Tiger, Teen Patti, and Andar Bahar. This new product offering will be accessible through Hub88s aggregation platform across numerous markets all around the world.
Complete Flexibility
James Corrie, Head of Live Games and RNG at Live88 commented: Whether its custom branded tables with dedicated live dealers in various languages or a fully equipped lobby featuring Live88 tables tailored to match a casino brand, we provide operators with complete flexibility and the highest-quality games.
Live casino is immensely popular worldwide, and our offering takes this vertical to the next level, fostering player interaction, the Live88 executive added. Our latest title, Royal Riches Roulette, exemplifies our commitment to innovation in the space, introducing industry-first features to players, and theres more to come as we embark on this exciting journey.
Live casino gaming has been increasingly popular in recent years; it marks a notable advancement in gaming compared to traditional online gambling. By merging real-time, human-led gaming with user-friendly interactive elements, it cultivates an immersive and genuine atmosphere, appealing to players worldwide.
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