BI & Casino Analytics Trends in 2019-20
The year 2019-20 is predicted to be a potential year for the land-based and online casino industry. BI and casino analytics are expected to be the most trending technologies in the upcoming years. Online casino hubs crossed by casino software help exploit operational data for delivering business insights. By and large, casino software solutions strengthen marketing performance, guest-centric relations, and offer casino goers with impressive play hours. So called the Mobile-friendly Gaming alternatives offered by the online casinos (mobile casinos) are accessible for the players to download and play on their personal device. Gartner’s article testified about 73.8 % of the virtual games accessible in the No-download forms have made the online casinos hit maturity.
Online Casinos on the Edge of Recovering ROI
Because the BI applications and analytical techniques used to position online casino games are similar to those employed in generic industries, the given technologies have been phenomenal in matching the end-results to the set baseline measures there by creating funds-of-funds out of games. That’s why over 80% of the casino modeling teams’ uses far more competent business intelligence and analytical technologies for mapping and confirming many tasks along with the following ones:
- Checking how much cash each game playoff could bring in a day across different geographies
- Confirming if the game should be placed or replaced with an exclusive one to get optimal ROI
- Recording the performance of the games happening at various casino chains
- Keeping familiarity about the probability of gamblers winning or losing
- Maintaining data of the casino goers visiting the casino house
Virtual Gaming Sites & Stations Free of Stats Evils
The characteristic casinos and virtual gambling sites are stacked with a set of BI applications and analytics-enabled family of casino games like slots, roulette, blackjack, baccarat, live casinos, and video poker. The sites having massive fan base offer latest and live gaming solutions to the casino game lovers who want HD visuals and sound effect at the comfort of their homes. Like others, the casino industry bears the statistical dilemma, that’s why it has become one of the crucial candidates for analytical technologies.
Language Provision & Quick Customer Support
In order to keep the online casinos and soft-gaming stations alive, multi-language provisions become valid. The language command helps the country population relate to the language better. Of course, the business intelligence and casino analytical technologies help build effective customer support for universal players. Now, the players get an array of options for contacting customer desk using multiple channels like live chat, emails, mobile, whats-app, and Skype.
Casino Competitiveness & Data Driven Decisions
With the Business Intelligence and Analytical Technologies in place, the casino chain of operators gets a hike in the highly saturated segment. Forbes and the Premier Business Leadership Series conference in Las Vegas recently stated the value of BI analytical technologies in the competitive casino industry. These technologies when applied to casino operations, sales, and marketing diminish all the issues for the smooth playing of the games on the gaming floors. For gaining revenue advantage, big casino houses like Las Vegas Sands Corp offers engaging iGaming, virtual gaming, soft-gaming, virtual reality, and much more to the players. In the absence of casino analytics, the casinos were failing to bring even a smaller profit. But with business intelligence and casino analytics, they’re able to make the best decisions for the efficient handling of casinos connected by ample businesses like resorts, restaurants, and, live casinos.
Currency Types & Usage
Just like banks or glossaries, the online casinos use analytical technologies and BI applications for managing wide-ranging currencies. As some currencies may not be used by the virtual gaming café, they have currency conversion services to let the players deposit an equivalent amount needed at the casino clubs. New currencies like digital money, Ethereum, Bitcoin, and Litecoin are best options as the game lovers wouldn’t have to share their confidential details online. Optionally, players can even fund their accounts using digital wallets, cheques, debit or credit cards, bank transfers, vouchers, etc.
Year after year, the legalized casino venues have been lucrative in appealing to a broader segment of players. Bizacuity’s casino gaming software services slated with the BI and casino analytics keeps its commercial casino clients satisfied. Its casino gaming software services have made many casino companies manage the land-based gaming cafés assorted with food and beverage, spa, and stay, along with the virtual gaming and gambling centers. BizAcuity contributes to the casino industry by imparting knowledge on casino game software (iGaming software) so as to help them flourish on the seasonal and nonseasonal periods.