Lifestyle

Are Live Casinos the Future of Gambling?

Published

3 years ago

July 19, 2022

Since the time of the ancients, humans have been playing games of chance. Many historians believe that the practice of wagering on the outcome of a game can be dated to the prehistoric world. This means that the practice of gambling has existed for as long as humans have been around. And as we have progressed throughout our history, gambling has drastically changed.

In its earliest forms, gambling existed only as street games. Once the practice grew more popular, gambling rooms were established, and when those were made illegal, they became underground gambling dens. Until, finally, in the 1600s, the first casino opened its doors in the streets of Venice, Italy.

The Emergence of Live Casinos

Today, in the information age, gambling has moved on online, like most things. Online casinos are vastly growing in popularity, especially since 2020. Also, since 2020, a new form of online gambling has hit the scenes. The so-called live casino is a method of gambling by which players connect to a livestream, in which a human dealer stands in front of the camera, and functions as the dealer in a brick-and-mortar establishment.

The popularity of live casinos has massively increased in the past couple of years. In this article, we would like to take a look at why this form of gambling is so popular, and also answer the question, are they the future of iGaming?

Why So Popular?

In the past few years, livestreaming in general has seen a massive boost in popularity. Most people stream all of their media nowadays, whether it be films and TV shows through venues like Netflix, Amazon Prime, etc., online personalities (Twitch Streamers and YouTubers), or gaming content (Let’s Plays of Popular video games, online casino games, etc.). So, when the streaming industry in general is growing, it isn’t a surprise to learn that live casinos are getting more traction.

Another reason for the popularity of this practice might be the convenience, coupled with the human connection. Often times, at online casinos, people will feel like there isn’t a person on the other side. With live casinos, you can actually see the living breathing human being. However, on top of that, you also get to reap the benefits and conveniences of online gambling. Basically, you can play live casinos from the comfort of your home, while still feeling like you are there in the room with other human beings.

Are Live Casinos the Future?

This is a difficult question to answer. The implication seems to be that live casinos will eventually overtake other forms of online gambling in popularity completely, and make them obsolete. Whether that will be the case, we can’t say. We can, however, point out that live casinos are rapidly rising in popularity, as is the entire iGaming industry as a whole. With that in mind, many experts believe that in the future, iGaming will be even more popular, and quite a lot of gamblers will have moved to the online casinos and live casinos.

So, to put it plainly, in some ways, yes, live casinos are the future. They are growing, attracting a bigger audience, and are likely to be the next big development in the gambling world.

Conclusion

As our society changes, our entertainment changes along with it. And no entertainment form has changed as much as gambling. What began as a simple street game has now become something done in multi-million-dollar establishments? However, with the emergence of information technology and computer science, our games can now be played online, while simultaneously capturing the feeling of land-based casinos, thanks to the presence of live dealers and game streams.

Lifestyle

Derik Fay: The Quiet Power Broker Who Scales Empires and Empowers Generations

Published

12 hours ago

September 14, 2025

Michelle Langton

At 46 years old and standing at an impressive 6’1″, Derik Fay is more than an entrepreneur—he is the architect behind a network of thriving businesses and a digital mentor for thousands. His journey from a single neighborhood gym in Florida to holding stakes in over 40 companies spans decades of strategic vision, discipline, and authenticity.

From Modest Beginnings to a Marketplace Maven

Born on November 19, 1978, in Westerly, Rhode Island, Fay’s early environment offered little in the way of nepotism or crutches—but plenty of lessons. He dropped out of college after just one semester and embraced the grind. At just 22, with lean resources and fierce determination, he launched his first gym. That venture would eventually grow into Florida’s most successful independently owned fitness chain before being acquired by a publicly traded company.

This early win became the foundation for 3F Management, the private equity firm Fay launched post-exit. Today, 3F powers brands across sectors—from fintech and residential infrastructure to combat sports, entertainment, and beauty—each elevated through Fay’s hands-on approach to ownership and operational excellence.

Visibility as Strategic Leverage

Fay’s ascent into public consciousness was not staged. He built his online presence—now over 1.4 million followers strong—through honest, unfiltered takes on business, failure, leadership, and growth. His content resonates because it isn’t rehearsed; it’s earned. Followers tune in not for spectacle but for insight, often quoting “He doesn’t just invest—he builds your belief,” reflecting Fay’s authentic support.

Building Brands, Restoring Hope

Among his notable ventures is Bare Knuckle Fighting Championship (BKFC)—a testament to his willingness to enter unorthodox sectors with strategic clarity. In other less obvious arenas, Fay reinvigorated a faltering beauty company by pairing it with Hollywood cachet and narrative-driven marketing. In another case, an AI startup saw its valuation ascend tenfold in under a year after Fay contributed not only capital but also storytelling structure and vision.

Estimated Net Worth & Long-Term Vision

Although Fay maintains a discrete public profile, credible industry estimates place his net worth somewhere between $100 million and $250 million. This valuation comes from his diverse equity stakes, successful exits, real estate investments, and his firm’s consistent growth and reinvestment cycle.

Personal Life Anchored in Legacy

Off-screen, Fay is a devoted partner to Shandra Phillips (since 2021) and a hands-on father to two daughters: Sophia Elena Fay and Isabella Roslyn Fay. He’s more than a mogul—he’s a mentor. An embodiment of “If I can do it, anyone can,” his presence in DMs or quick coaching call is not rare, but intentional.

Rerouting the Model of Modern Wealth

Unlike today’s entrepreneurs who prioritize visibility and virality, Fay applies visibility as a lever—not an objective. He quietly scales, confident that his systems and culture will outlive the trends. He mentors, not performatively, but tangibly. For him, success isn’t a moment—it’s a long-term ecosystem amplified through structure, not spotlight.