The emergence of 5G technology is impatiently awaited by online gambling operators, as it is expected to fuel a wave of innovations for the in-game sports betting sector and virtual reality (VR). According to some analysts, these innovations could attract more people to online gambling and increase the stakes both for online gambling operators and players.
The implementation of the fifth-generation cellular network technology is expected to make it possible for gamblers to take advantage of live betting which is available in the pauses during a certain sports event. According to reports in the sector, 5G connectivity would be directly applied in the delivery of processing bets and circulated odds from multiple devices during live sports events.
As mentioned above, probably the biggest influence the new technology is expected to have is in live in-game sports betting. It will allow gambling operators to generate more revenue from single sports events.
When it comes to virtual reality, the latter is currently pretty much limited by broadband strength. The implementation of 5G technology, however, is expected to end up with the addition of new and more interesting features that would be attractive for both new and experienced players. Online casino providers that offer VR casino services are expected to focus on primarily attracting younger audiences, as Millenials are the ones who would probably be most interested in taking advantage of the newest visual effects and ways of social interaction.
Liberalization of US Sports Betting Sector Could Be among the First to Take Advantage of 5G Advent
The advent of 5G technology has come at a time when a wave of gambling expansion through more relaxed legislation has taken over the US. In May 2018, the US Supreme Court officially annulled the long-time federal ban imposed by the PASPA (Professional and Amateur Sports Protection Act of 1992). A number of US states have already taken advantage of the liberalization of the sports betting sector and have legalized the new betting activity, while a further 28 have made steps towards future sports betting legalization by proposing pieces of legislation on the issue.
For the time being, the highest number of 5G installations is available in the US, with them set to become operational by the end of 2019 as part of the President Trump’s efforts to roll out the new cellular network technology before China does. If this truly happens, the implementation of 5G would coincide with the reforms in the local sports betting sector and could end up making the citizens of the US some of the first to be exposed to new and improved live sports betting and VR casino experience.
So far, several broadband carriers who offer their services on the territory of the US, such as AT&T and Verizon, have hinted of investments 5G-gambling synergies in sports betting operators. Logically, online gambling companies are seeing the emergence of 5G as a chance to expand their demographics, as well as a gateway towards the addition of improved gameplay.
