25 years have passed since the makeshift launch of the online gaming portals in the 1990s. Indeed, it was in 1996 when InterCasino the first online casino launched. The industry now is about to enter the world of virtual and augmented reality as well as that of esports big time. With a valuation of around 50 billion US dollars online gambling is not only entering a new development stage but building on the creations of its pioneering generation of innovative leaders.

As technology reshapes most human endeavors, gambling operators scramble to absorb its business growing attributes and to reduce the negative impact upon the trade. For all player groups, online gaming presents a tremendous opportunity for the industry. A recent industry report projects that the online gambling and betting market will reach nearly $95 billion globally by 2024, growing at a CAGR of approximately 11 percent.

Sports betting is the fastest-growing segment of gaming in the US and the world. Total sports betting reached in 2019 US$ 69 billion with the state of Nevada taking a share of US $ 2.5 billion. The proportion of Americans betting on sports have risen from about 5% in the 1950s to 20% today….

Recent AI-related research listed the skills needed to become a star gambler. Findings basically were that a successful gambler had to be armed with six crucial skills one of which is not replicable through AI. The skillset included individual and social skills that rarely adorn one single individual. These are…

The world of gambling has been shocked by the news that soon man-made robots could successfully win several jackpots per night at casinos. This would of course spell ruin for an activity that centers its success in siphoning money from an army of losers to award part of that money to a single winner which shows up on very sparse occasions…

Habitués to gambling wonder about the circumstances that gave rise to the special talent of Five Dimes Tony, a native from West Virginia. He created invincible algorithms to the delight of gamblers worldwide who enjoyed attempting to beat him holding matches in cyberspace…