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The growth of the online gambling field in the next few years is often attributed to the use of artificial intelligence. The neural network makes iGaming sites better, more convenient, and safer. AI programs are responsible for protecting the resource perimeter, verifying punters, generating recommendations, and other tasks.
Smart Money describes the benefits that an entrepreneur receives after the introduction of AI tools into an online casino.
AI is a system or machine that can imitate human behaviour, collect, and analyse information. It works like a mind: it learns itself and looks for non-standard solutions to various problems.
British scientist Harold Cohen is considered the founding father of AI programs. In 1973, he introduced the AARON invention, created within the walls of the Stanford Artificial Intelligence Laboratory. For over 40 years, the robot has gone through several modifications: from a drawing turtle to a complex mechanical arm.
Nowadays, neural networks can not only beat a person in chess but also conduct an expert assessment of art objects or create innovative systems for data protection. The scope of applying AI is quite diverse — from finance and cargo transportation to insurance and gaming.
According to the Harvard Business Review, the gambling area uses AI to:
Analysts from ResearchAndMarkets.com predict that by 2027 the size of the online gambling market will reach $125.6 billion. The introduction of information technologies, including AI, will play a key role in the capitalisation of the industry.
The main options for using AI programs are as follows:
The high safety of online casinos is one of the main conditions for obtaining permission.
Regulators put forward strict requirements for licence applicants. These are fraud prevention, support for fair and transparent play, prompt identification of customers, etc. The introduction of AI instruments will help operators cope with these tasks.
Let us consider how advanced tools improve the safety of gambling start-ups:
Gamer verification | The neural network is often combined with virtual reality and technologies used to automate customer identity and age verification. Instead of confirming entry only through a voice call or SMS notification, gamers take live pictures on their devices and upload the results to the system. Scanning fingerprints or retinas is also performed using AI. Prompt verification ensures the legal work of the operator. The risk of allowing minors to play is minimal |
The identification of problem players | AI can determine behaviour patterns by which a person can go beyond the bounds of reason during the game:
The program understands these triggers and provides the gamer with less involving content |
Fraud prevention | Thanks to AI, scammers cannot deceive online casinos. The system instantly detects bots playing instead of real customers, theft of bonuses, and other actions of unscrupulous gamers. The use of AI programs makes it possible to reveal hidden associations of punters that are not obvious at first glance. Thanks to this, honest gamers are 100% protected from the actions of unscrupulous users |
Payment risk management | AI programs analyse transfers for legality and compliance with AML (anti-money laundering) and FATF (prevention of terrorism financing) policies. The introduction of advanced tools reduces the number of chargebacks and the risks of fraud with bank cards in casinos |
Gambling site perimeter protection | AI-based services effectively fight hacker attacks, the introduction of utilities and phishing programs, code obfuscation, and other actions of intruders |
Most of the operator’s routine tasks can be automated with the help of AI. The followings procedures are significantly streamlined:
Gaming sites, in which all these processes are automated using neural networks, get a significant advantage in a highly competitive market.
The entrepreneur does not need to control and check every action manually (for example, whether the money reached the hosting provider and the gamer received the bonus, etc.).
The operator saves time and money, which can be redirected to strategic business development.
The use cases for AI are as follows:
An advertising campaign will be of great benefit to the operator if a neural network is used.
AI helps to classify customers according to preferences and sends individual offers to each selected category (games, tournaments, discounts, promotional codes, etc.).
The use of advanced instruments allows operators to tailor a marketing campaign to the requirements of the target audience to get the most out of the money spent on advertising.
Gambling is a high-tech sector that is no stranger to innovation.
Smart Money creates innovative iGaming products. You can order from us:
We also help our clients with licensing and marketing promotion of gambling projects, release HTML5 slots based on individual sketches, and install modern payment services.
Do you still have any questions? Ask an expert
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