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Three pieces of technology that fortify online casinos in today’s world
Online casinos are one of the largest growing businesses on the planet.
03:11 28 June 2024
Online casinos are one of the largest growing businesses on the planet. They are a part of the world that is never dying out, and in fact — it’s only getting bigger. By 2032, the value of the overall market is expected to surge to $105.77 billion, proving that there is no slowing down in a world where companies constantly decline. But what is the main reasoning behind this? The answer lies in technology.
Technology serves as the cornerstone for many online sectors, as it enables them to stand out in an overly saturated market. We’re now at a point in life where it is moving so fast, it’s impossible to stay ahead of the curve, and online casinos are all working against the clock to get to the top. Although technology is the reason why online games are far more versatile in today’s world as opposed to the brick-and-mortar options, it’s actually also the driver in online security. To get to the top, you have to ensure that you are offering your consumers the safest, fastest, and most fortified product on the market — which shields their data from any breaches or security risks. Technology that is used by online casinos is adapted in many different ways, and we’re going to explore the three pieces of technology that are the backbone of big-name betting sites.
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SSL encryption
We’d say that one of the most important pieces of technology in online casinos is SSL encryption. Although it may sound like a simple codeword, it’s actually a fundamental part of many areas throughout a business. Also called “Secure Sockets Layer,” it’s the protocol that’s been made to create a secure and encrypted link between the player and the casino. This fortifies all data that is transmitted between the two and keeps it safe from any potential threat. This is particularly important when it comes to sharing financial information because, of course, this is the main reason for hackers and malware attacks. SSL secures all data, including login details, personal information, and financial data, and prevents it from being taken by any unauthorized people. For example, when you play blackjack online, you’re signing up with your username and sharing personal information between yourself and the casino — as well as connecting your payment details. SSL encryption hides both parties' information from any malicious attacks, making the gaming environment for the player a whole lot better.
This isn’t just important, but it’s part of regulatory compliance that online casinos are required to meet. By abiding by the stringent data protection laws, online casinos will continue to thrive.
2. RNG (Random Number Generators)
Random Number Generators are an extremely important part of all online casino interfaces. This ensures that there is constant fairness in the games, and makes the casino’s customers return — knowing that there is no rigging throughout their game. With virtual gambling, there are no real-world dice, so an RNG needs to make sure that the virtual dice mimic the randomness of real dice. The RNG picks numbers completely at random and stops the issues with fraud or rigging.
But how does it instill safety in the online casino?
Although not directly a safety feature, RNG does bring fairness and trust, by enhancing the overall safety in terms of play through complete randomness. It keeps up to date with all the regulatory compliance required to run a business of this type and makes sure that industry standards are abided by.
3. Multi-Factor Authentication (MFA)
Another acronym that works wonders for betting sites — MFA is a security fortress made to prevent hacking. You may have seen this term crop up on your social media or email accounts as of late because MFA is now starting to be rolled out for the safety of everyone. It is, in a nutshell, a robust security measure that online casinos use to protect players from unauthorized attempts at accessing and leveling up their accounts.
The technology works by making you verify who you are before you can access your account, and this can be done through passwords, mobile devices, pin codes, or code-generator apps. This stops the old-fashioned processes of guessing passwords, as you now need two factors to access anything with financial details.
This isn’t all — there are hundreds of behind-the-scenes pieces of technology that all work together to keep the casino ship afloat. From anti-money laundering measures to firewall and intrusion detection systems, technology is already so advanced that we can only imagine where the online casino world will be by 2040. We’ve already welcomed Virtual Reality and Augmented Reality to the gambling sector; now we’re sure that will be brought into the security very soon — bridging the gap between human error and hacking attempts. Here’s to happy, safe vetting — and absolutely no fear of security breaches.