Online casino gambling in the US has been a very slow process. However, some states have already started allowing it.
According to the experts and executives at this year’s SBC Summit North America, online casino gambling in the US is on a good patch and should expect a great future. Despite the initial challenges about online gaming’s effect on traditional casinos, the general feel in the industry is pretty optimistic.
With the help of this article, we’ll explore the growth of online gambling in the United States, highlighting the law changes, innovations, and current trends. Let’s begin!
Experts Stay Positive Amid Slow Online Gambling Growth
The journey to make online casino gambling legal in the US has taken a lot of time. Yet, nowadays, several states like Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia have already embraced this new way of betting.
According to the statement released by Elizabeth Suares, the vice president at Bally’s Corporation, younger generations, especially millennials, use their smartphones for several activities like shopping and baking, a fact which indicates a shift towards a mobile-centered lifestyle.
Another activity they also enjoy on their smartphones is gambling, and as the industry tries to keep up with the latest trends, mobile online gambling certainly works excellent already.
Yet, these positive views for the industry contrast with the current market situation. Think about this: Although online sports betting is available in 38 US states and Washington D.C., it is still limited. Even places like Nevada have slim choices as online poker is available, but regular casino games are still pending approval.
Overcoming Obstacles in US Online Gaming Growth
Shawn Fluharty, who leads the National Council of Legislators from Gaming States, said that sports betting has grown a lot since the US Supreme Court’s 2018 decision, but online casino games haven’t caught up as quickly. Still, he is hopeful that online gaming will eventually improve.
At the same time, Brandt Iden from Fanatics Betting & Gaming agreed, saying that the industry needs to embrace online gaming to thrive. He also stressed the need to inform lawmakers about the benefits of legal online platforms compared to illegal gambling sites.
Although leaders in the industry are optimistic, there are still concerns about the downsides of online gaming growth in the US. Some people worry that easy access to gambling content will lead to even more addiction and take away money from traditional casinos.
Supporters of online gaming say that these new trends could actually help traditional casinos and even improve the economy. For example, Adam Glass, from Rush Stress Interactive, believes that the online sphere can create new jobs and help both online and offline gambling companies together. However, how they will achieve that will reveal in the following.
Current Trends and Market Growth
We already covered the part where we explained that the newest generations prefer mobile technology above everything else. Mobile apps have made it easy for players to access online casinos and play their favorite games anytime, anywhere.
However, mobile apps are not the only technological advancements facilitating the shift towards online gambling. For example, virtual reality has made its place in the regular online betting field, creating more immersive experiences that amaze players in the US. At the same time, other innovations like blockchain technology are also getting attention, promoting more transparency and security in payments.
These are just a few of the elements that made the online gambling market in the US grow recently.
All these new facilities made the online area improve, and according to industry reports, online gambling revenue reached over $7 billion in 2023. To gain those numbers, sports betting played a vital part.
Other forms of online gambling became also popular, and here we include online poker and casino games that you may try on SlotsCalendar.us. On this platform, you’ll be free to explore demo versions of some of the hottest casino games in the industry and also read their reviews.
On top of that, you can also find a list of verified online casinos that might be available in your state. All those casinos have been evaluated by a dedicated team that creates complex reviews to help you make the right decisions when it comes to your betting activities.
Although it has its challenges, the future of online casinos in the US is rather optimistic. Even if the industry is growing slowly, experts believe that it will improve with more education about its advantages and disadvantages.
People may worry about addiction, but there will also be laws to protect those vulnerable to this industry. Proper rules will keep everything under control, which will also help the country’s economy.Â
Also Read: Start Winning: Best Online Casinos in Malaysia for Beginners
