{"id":256,"date":"2024-06-27T05:07:46","date_gmt":"2024-06-27T02:07:46","guid":{"rendered":"https:\/\/kudoscasinonodepositbonus.icu\/2024\/06\/27\/livespins-aims-to-redefine-slots\/"},"modified":"2024-06-27T05:07:46","modified_gmt":"2024-06-27T02:07:46","slug":"livespins-aims-to-redefine-slots","status":"publish","type":"post","link":"https:\/\/kudoscasinonodepositbonus.icu\/2024\/06\/27\/livespins-aims-to-redefine-slots\/","title":{"rendered":"Livespins Aims to Redefine Slots"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/250o4EmIC4w\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Livespins is striving to reimagine slot machines &#8211; Slots &#8211; iGB<\/p>\n<p>Marese O&#8217;Hagan had a conversation with Michael Pedersen, the Chief Commercial Officer of Livespins, to discuss the company&#8217;s inspiration and why he thinks it can shake up an industry that needs a makeover.<\/p>\n<p>Home > Casino &#038; Gaming > Slots > Livespins Aims to Redefine Slots<\/p>\n<p>Livespins is aiming to redefine slots<br \/>\nSlot machines have long been thought of as a solitary form of gambling. The industry has been somewhat isolated, lacking collaboration, which is something the casino streaming platform Livespins hopes to change by entering the slots market. It creates a shared streaming experience where players can wager together. The company&#8217;s move is supported by the industry&#8217;s push for more shared experiences, especially after the COVID-19 pandemic.<\/p>\n<p>Streaming, at least in iGaming, is still in its early stages. Currently, companies like SharedPlay, Interactive Gaming Group, and CasinoGrounds are competing to be the ones to solve the streaming puzzle.<\/p>\n<p>In the meantime, developers are pushing to create multiplayer slots &#8211; many believe this could be the most significant change to the industry since the first online casinos.<\/p>\n<p>But as Twitch&#8217;s ban on casino links in live streams shows, can this traditional mechanism thrive with a more modern feel? Michael Pedersen of Livespins believes it can.<\/p>\n<p>Let&#8217;s take a look at how Livespins operates. How does it differ from other products on the market? <\/p>\n<p>The most effective way to clarify this is through the conventional, physical approach of &#8220;shadowing&#8221;.<\/p>\n<p>Did you know that when you&#8217;re at a physical casino, you can place a wager behind someone seated at a table without actually taking a seat at the table? We&#8217;ve merged this approach with casino live streaming. You&#8217;re no longer passively observing a casino streamer, but you can join their adventure, place bets behind the streamer, and also wager alongside other participants.<\/p>\n<p>This communal atmosphere, perhaps 50 players betting behind the streamer, if he wins, you win, you can celebrate together. As far as we know, we&#8217;re the first company in the market to achieve this. It&#8217;s built on a proprietary platform, so we don&#8217;t depend on Twitch, YouTube, or any other streaming platforms.<\/p>\n<p>Slot machines are traditionally a solitary experience. Why did you choose to launch a social gaming experience?<\/p>\n<p>When we examine global statistics and consumption patterns, we see that consumers are increasingly turning to streaming. In Asia, approximately one-third of online shopping is now conducted through streamers. The conventional Amazon shopping experience is now outdated, particularly in Asia. We&#8217;re witnessing this trend in the West as well.<\/p>\n<p>Consumers there, especially Gen Z, are seeking more interaction. Apple is offering SharePlay, where you can watch movies or listen to music together. <\/p>\n<p>Disney Plus is on the verge of introducing a new feature known as GroupWatch, which enables you to stream a film to 20 different households, but watch it together. Outside the industry, we&#8217;re witnessing these social patterns emerge.<\/p>\n<p>We&#8217;ve been discussing this in iGaming for a considerable time, but I believe 2022 will be the year it becomes widespread, it won&#8217;t be a niche adoption anymore.<\/p>\n<p>Taking into account the surge of gamification and engagement features introduced in recent years, it seems like developers haven&#8217;t been able to create genuinely multiplayer products \u2013 what&#8217;s the reason for that?<\/p>\n<p>That&#8217;s likely why I became enamored with Livespins. When Robin [Reed] presented me the product, I thought for the first time, this is applicable to the general public. It&#8217;s not some obscure niche. Multiplayer experiences have been awkward or very niche so far.<\/p>\n<p>Livespins is distinct. Certainly, there will still be players who prefer to play alone, they&#8217;re not interested in all the giveaways, but I believe Livespins is positioned to be much less niche, more appealing to mass consumers and players.<\/p>\n<p>Is this the ultimate objective of Livespins?<\/p>\n<p>The &#8220;betting&#8221; product we launched with Livespins is definitely not the final step in our product line. It&#8217;s merely the start. We believe Livespins is an entirely new category.<\/p>\n<p>When you visit an operator&#8217;s site, you&#8217;ll see your live casino and table games. <\/p>\n<p>Livespins will be a fresh, distinct category of real-time gaming encounters. We&#8217;re constructing a collection of these encounters, just as we&#8217;re laying the groundwork for a novel approach to playing casino games. In the future, there will be numerous diverse variations.<\/p>\n<p>Do you believe the slot machine sector requires more upheaval? Since the fundamental gameplay hasn&#8217;t truly evolved since transitioning online, do you think there&#8217;s space for significant advancement?<\/p>\n<p>Absolutely. I believe there&#8217;s ample room for advancement. The challenge is to discover meaningful advancement. I&#8217;ve observed a great deal of incremental development in slots, such as tournaments and contests. These are simply leveraging the core game experience.<\/p>\n<p>Livespins has introduced a completely novel core product. It&#8217;s distinct &#8211; it&#8217;s a method to play slots collectively as a group. I hope to witness more of this type of advancement because the industry genuinely needs it. But it also needs to be sensible advancement that consumers actually desire. Don&#8217;t innovate solely for the sake of innovating.<\/p>\n<p>Do you believe this advancement will originate from the industry itself, or from other sectors, such as video games?<\/p>\n<p>I hope both. We&#8217;re undoubtedly pushing from within the industry, but there&#8217;s also a robust push from the US. <\/p>\n<p>We playfully discussed the potential consequences if Amazon ventured into the realm of online betting.<\/p>\n<p>We&#8217;ve witnessed it firsthand. Netflix is venturing into the world of gaming, not wagering. This pattern is only going to persist. It&#8217;s uncertain whether they&#8217;ll draw the line at social or free-to-play games, or if they&#8217;ll enter the real money gaming arena. Who can say?<\/p>\n<p>The primary message we&#8217;re attempting to communicate is that this isn&#8217;t just another variety of game, it&#8217;s actually an entirely new classification. It&#8217;s a novel approach to playing slots that we&#8217;ve never encountered before.<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Livespins is striving to reimagine slot machines &#8211; Slots &#8211; iGB Marese O&#8217;Hagan had a conversation with Michael Pedersen, the Chief Commercial Officer of Livespins, [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Livespins: Redefining Slots, One Spin at a Time<\/title>\n<meta name=\"description\" content=\"Discover how Livespins is shaking up the slots industry with a fresh approach to online gambling. 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