SOFTSWISS Online Casino Platform Now Supports NEO Cryptocurrency – European Gaming Industry News

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Entain has had great success in the gaming industry. They own businesses such as Ladbrokes, Coral and Bwin, but are always looking for new ways to make money. A new area they want to expand into is the metaverse.

They announced their intention to create immersive experiences with virtual reality (VR) and augmented reality (AR). This will not only be for the sports betting industry, but also for the gaming industry.

The betting giants plan to invest $133 million in a center that will be tasked with creating immersive experiences for their customers. All of this is meant to make Entain a pioneer in the metaverse.

If that’s something you like, it’s a good idea to read a metaverse sports betting guide before registering accounts.

Ennovate will be a “global innovation hub” and innovation is the key word here. The sports betting and gaming industry is highly competitive. Those who do not come up with innovative ideas will be left behind.

The $133 million investment will be used to support start-ups and develop applications for NFTs (non-fungible tokens), VR and AR. A real triple threat that should produce big profits for the betting company.

Jette Nygaard-Anderson is the CEO of Entain. Speaking of plans to move to the metaverse, she said, “We want to lead the way with exciting new products and experiences for customers and use our cutting-edge technology to pioneer innovations in sports, games and interactive entertainment. for the metaverse. ”

The CEO added that the company wanted to use its position as a global technology leader to “help drive innovation more broadly”. Working with partners around the world, Ennovate will demonstrate how Entain’s cutting-edge technology can both revolutionize consumer experiences and bring real benefits to society.

The first Ennovate laboratory will be in Charterhouse Square, Farringdon in London. It is due to open in the spring of this year and welcome members of Entain’s innovation technology team. The company also announced that Verizon, BT and Theta Labs will partner with them on this project.

The lab will have state-of-the-art technology that will be used to create a unique environment for the work ahead. New entertainment products will be developed for the metaverse, allowing the player to interact in a computer-generated environment.

This will include an Experience Zone where new immersive experiences in games, interactive entertainment and sports can be tested. All of this will help Entain achieve its goal of bringing to life the most exciting experiences in immersive sports, gaming and interactive entertainment. With the help of its partners, Entain believes this can be achieved more quickly.

It was last October that interest in the Metaverse began to experience considerable growth. It was then that Facebook decided to change its corporate name to Meta. There has also been great interest on Wall Street. Estimates from Goldman Sachs and Morgan Stanley are that the Metaverse could well be an $8 trillion investment opportunity. You can see why companies like Entain are gearing up to enter the metaverse. It’s a bet that seems likely to make huge profits.

The gaming industry has made tremendous progress over the past few decades. The arrival of the Internet has led to the creation of sports betting and online casinos. Then came the enormous advances in telephone technology. This allowed gamers to enjoy gaming experiences on their mobile phones wherever and whenever they wanted.

Now the metaverse is the next step. Virtual worlds offer players many opportunities. They can own, build, and earn money from the gaming experiences they have. Wearing these helmets might make you look a bit silly, but there’s a good time to be had when they’re worn.

VR and AR technologies allow gamers to fully immerse themselves in the games they play. They can enter virtual worlds and use avatars to explore them.

This continues the success the company has had. In recent years, Entain has expanded into the gaming industry in the United States. That has totally changed since a US Supreme Court justice’s groundbreaking ruling three years ago.

Now each state can decide whether or not to legalize gambling. Many have done so and gaming companies such as Entain have been able to expand the American side of their business by partnering with American companies to launch online sports betting.

This shift to the metaverse comes at a time when recent research has revealed a clear link between betting and gambling. Esports continues to grow in popularity around the world, so it’s clear to see why Entain is heading in this direction. “That’s what people want,” says Dom Grounsell, deputy director of digital at Entain, so that’s what they intend to do.

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