Industry News
The difference between online casino and real casino
At first glance, there doesn’t seem to be that much of a difference between an online casino and a bricks and mortar casino establishment. Essentially, both do offer a similar selection of games. However, the subtle contrasts between the two can make a big difference in how much you win and also the flexibility and options in how you may want to play. Despite both having their different pros and cons, between the two options, online casinos are definitely a step ahead. Don’t believe me? Here are just a few of the reasons why.
Free Money
Well, not quite free money, of course, but there is a chance that Lady Luck may be more on your side if you choose to play online. This is because most online casinos nowadays offer free money in the form of free spins, bonuses and special offers to entice new customers and keep regulars choosing their site above their competitors. There is so much competition these days between online casinos and this means a wider variety of offers to take advantage of.
As well as being able to essentially give away free money to keep you coming back, studies have proven that online casinos have a better pay out rate than their bricks and mortar rivals too. This is because the overheads of running an online casino are so much lower than a real casino, so they can then in turn pass these savings on to the customer. The RTP rate – an acronym for ‘return to player’ – has been proven to be up to 97 percent and higher for some sites, so it definitely pays to play online.
Complete Flexibility of Time and Place
One of the biggest differences of playing in an online casino over a real casino is that you can play literally anywhere and anytime. Whether you prefer using a computer, tablet or mobile app there are now so many ways to access your favourite casino games online without any restrictions. Although it can be fun to visit a real life casino from time to time for a special occasion, for the daily player online casinos are a much more practical option and provide the opportunity to play at your pace from wherever you are, whether you are looking to pass the time commuting or fancy spending a quiet night in.
Easier to Keep an Eye on Your Budget
Gambling, however you choose to do it, should always be done responsibly. This means making sure you set a spend limit and stick to it. When playing online, it can be easier to track your bets and take the time to really assess how much you are willing to spend. When playing in a real casino however, things can quickly get expensive. Betting in a group of friends can easily see peer pressure adding a few zeros to the bets you are laying down and it is easy to get swept away by the buzz.
Moreover, real casinos tend to have higher limits when it comes to placing bets, whereas online betting is usually much more affordable, with many online casinos allowing you to play games for mere pennies. When placing your bets online, most casinos will allow you to pay in a variety of ways including convenient methods such as PayPal. However, a real casino will usually want not only a larger deposit but in general be more restrictive about the methods in which you are able to pay.
Greater Game Selection
Unlike real casinos, which are generally tied into a small selection of games, online casinos are able to switch up which games they offer at any time. This keeps things interesting and means you can try your hand at learning a new game whenever you fancy as well as the fun of playing old favourites. As online casinos are constantly trying to innovate and find the next new great game, many will often allow players to have a go at games for free first. This means you may have a greater chance of a win as it allows you to familiarise yourself with the game and brush up on your skills before committing to placing your bet.
As well as offering players a much wider selection of games, online casinos still stay true to a more traditional style of play too. It is still completely possible to play favourite classics, such as roulette and black jack, often in real time. This provides all the feel and benefits of being in a real casino without the inconvenience of having to leave your sofa. It also means that you have more flexibility in the games you wish to play – a single online casino site can provide it all in one place for you.
So what are the perks of real casinos?
Firstly, there is one major way that real casinos still beat out their online counterparts every time. Despite that fact that online casinos can offer pretty much everything a real life casino can, sometimes even better, the one thing they can’t do is create the glamour, excitement and atmosphere of a casino in real life. There is nothing quite like stepping out onto the floor of a casino and seeing the other players and games in motion. Real casinos also provide the opportunity to experience the interaction with dealers face to face, which can ramp up the excitement for some of the more traditional table games. There is also nothing quite like the tangibility of holding your winnings in your hand the moment your numbers come up! Although many online casinos have great community chat rooms, the real life experience of sharing a win is hard to beat. Moreover, some online casinos have a threshold before you collect your winnings whereas a bricks and mortar establishment will pay out immediately.
Despite these great pros of real casino play, overall it is hard to deny that online casinos are streets ahead and are clearly the winner of the two. You can check this online casino comparison to find the best and most suitable one for you to play. The choice is huge so take your time to analyze and compare.
Mohegan Tribal Gaming Authority, known globally for its renowned integrated entertainment resorts, has appointed Joseph J. Hasson as interim Chief Operating Officer. Jody Madigan, the current COO, has resigned effective August 1, 2024, and will be taking a leave of absence pending his departure.
Joseph J. Hasson will serve as interim COO and retain his current role as General Manager of Mohegan Casino at Virgin Hotels Las Vegas, subject to necessary regulatory filings or approvals. Mr. Hasson was an obvious choice for the Management Board, given his prior experience as the former Chief Operating Officer of Station Casinos LLC and Red Rock Resorts Inc. Joe brings considerable expertise to the executive team with a consistent track record of operating excellence and success over more than 40 years’ experience in the gaming and hospitality industry. Mr. Hasson will report to Ray Pineault, President and Chief Executive Officer of Mohegan.
“Joseph J. Hasson’s deep understanding of the gaming and hospitality industry makes him exceptionally qualified to maintain our high service and operational excellence standards. We are confident that Joe’s extensive experience and proven leadership will ensure continuity in our operations and guest experience,” Ray Pineault, President and CEO of Mohegan, said.
Jennifer Shatley, a recognized expert in the field and a highly sought speaker and advisor, has joined the Responsible Online Gaming Association (ROGA) as Executive Director.
Shatley has had 25+ years worth of experience, working closely with the treatment community, academics, researchers, government bodies, state councils, and gaming industry representatives to promote responsible gaming.
“Many of America’s largest legal mobile gaming operators will be establishing a framework that helps to aid in responsible gaming education and awareness. By coming together with a clear set of objectives, ROGA and our members will work to enhance consumer protections and help provide easier and more efficient access to responsible gaming tools for consumers to enjoy the entertainment of online gaming,” Shatley said.
IDnow, a leading identity verification provider in Europe, has unveiled VideoIdent Flex, a new version of its expert-led video verification service that blends advanced AI technology with human interaction. The human-based video call solution, supported by AI, has been designed and built to boost customer conversion rates, reduce rising fraud attempts, increase inclusivity, and tackle an array of complex online verification scenarios, while offering a high-end service experience to end customers.
The company’s original expert-led product, VideoIdent, has been a cornerstone in identity verification for over a decade, serving the strictest requirements in highly regulated industries across Europe. VideoIdent Flex, re-engineered specifically for the UK market, represents a significant evolution, addressing the growing challenges of identity fraud, compliance related to Know-Your-Customer (KYC) and Anti-Money Laundering (AML) processes and ensuring fair access and inclusivity in today’s digital world outside of fully automated processes.
As remote identity verification becomes more crucial yet more challenging, VideoIdent Flex combines high-quality live video identity verification with hundreds of trained verification experts, thus ensuring that genuine customers gain equal access to digital services while effectively deterring fraudsters and money mules. Unlike fully automated solutions based on document liveness and biometric liveness features, this human-machine collaboration not only boosts onboarding rates and prevents fraud but also strengthens trust and confidence in both end users and organisations. VideoIdent Flex can also serve as a fallback service in case a fully automated solution fails.
Bertrand Bouteloup, Chief Commercial Officer at IDnow, said: “VideoIdent Flex marks a groundbreaking advancement in identity verification, merging AI-based technology with human intuition. In a landscape of evolving fraud tactics and steady UK bank branch closures, our solution draws on our decade’s worth of video verification experience and fraud insights, empowering UK businesses to maintain a competitive edge by offering a white glove service for VIP onboarding. With its unique combination of KYC-compliant identity verification, real-time fraud prevention solutions, and expert support, VideoIdent Flex is a powerful tool for the UK market.”
Whereas previously firms may have found video identification solutions to be excessive for their compliance requirement or out of reach due to costs, VideoIdent Flex opens up this option by customising checks as required by the respective regulatory bodies in financial services, mobility, telecommunications or gaming, to offer a streamlined solution fit for every industry and geography.
Bouteloup added: “Identity verification is incredibly nuanced; it’s as intricate as we are as human beings. This really compounds the importance of adopting a hybrid approach to identity – capitalising on the dual benefits of advanced technology when combined with human knowledge and awareness of social cues. With bank branches in the UK closing down, especially in the countryside, and interactions becoming more and more digital, our solution offers a means to maintain a human relationship between businesses and their end customers, no matter their age, disability or neurodiversity.
“VideoIdent Flex is designed from the ground up for organisations that cannot depend on a one-size-fits-all approach to ensuring their customers are who they say they are. In a world where fraud is consistently increasing, our video capability paired with our experts adds a powerful layer of security, especially for those businesses and customers that require a face-to-face interaction.”
The post IDnow Bridges the AI-human Divide with New Expert-led Video Verification Solution appeared first on European Gaming Industry News.
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