Can AI beat the odds in those luck-based games in casinos, where the house edge can beat all available methods? They have a chance in sports betting, but when it comes to luck-based games in casinos, they have the same chances as humans.
If, by chance, the AI can devise a good method, then the gambling industry will crumble, and AI will have its biggest casualty.
I don't think AI will ever achieve the method that will cause the casino industry to crumble. Because the more powerful AI becomes, the more powerful the casino industry will make itself, and in that case, they may even be using AI themselves. Because I personally think the casino industry has much more funds than other industries.
And if we talk about sportsbetting, here too AI does not always make correct predictions about what benefits sportsbettors will get from it. Rather, I think AI can only be used to gather data.