The much-anticipated rollout of 5G technology is expected to completely change the way we play on our phones and it will likely be a huge boost for the entire gaming industry as well. In a recently published study by Paysafe, the company argues that the rollout of the updated mobile data service will have a “profound” impact on mobile gaming, including sports betting—which is an industry that has really taken off in the recent years and has actually become a substantial part of the gambling industry. Paysafe is the payment service behind famous online transactions brands like Skrill, Neteller, and Paysafecard, all of which are used on almost all websites that offer these types of transactions.
Why 5G matters
5G technology, while already largely a topic of the conversation, is not yet available in the majority of countries worldwide and even the countries that do own the technology are just starting to roll it out slowly, in specific areas. This is why the company has chosen to focus on key markets for their research and make their conclusions based on these specific cases. The markets that will likely get the most even coverage in a short period of time are the U.S, the U.K, and Germany.
The online gaming industry is pretty big in all of these countries and the technology has long been said to have the potential to completely change the way we use our phones. 5G is 10 times faster than 4G, and this would allow players to participate in games that were previously off the table when using mobile data. This can open up many doors for casino lovers to tune into live games, and enjoy the slots or regular table games without any difficulties while getting the same experience they would while being on their laptops. These days many people play real money online casinos on their phones, but a bad or slow connection can ruin the whole experience.
According to the survey, 42% of sports bettors confirmed that this new feature would increase their sports betting activity, some even saying that with this technology they would also consider betting on more sports than previously.
Demand for better services
Bad connection is a huge reason why the players usually stay away from playing with their data and this was confirmed by the survey, where out of 8000 people that were questioned around 31% said that flaws in the 4G connection was often a primary reason why they didn’t even start playing with their phones. For those that gamble via mobile data, being able to place real-time bets was basically impossible because of the connectivity issues.
With this new technology, people will face fewer delays, faster results and a better experience overall when using mobile data and the industry that is counting on it the most is online gambling.
It’s easy to believe that when the connection is stronger and more secure more people will likely feel comfortable making bets and playing casino games with their data. In this day and age, we are constantly on the go and most of our entertainment consumption happens while we are out and about, just outside or just chilling on the couch. None of these scenarios involve being on the laptop which is why this technology is so important to the gambling industry.
It’s about time that playing on your data becomes a regular thing, where users don’t have to sacrifice quality for convenience. The technology will start rolling out as the years go on and we will get to see just how much impact this technology will really have on mobile games and whether or not this move will finally make gambling on mobile data stress-free.