Is 2021 the year for online casino growth in the USA?
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The U.K. and Europe have regulated internet gambling for years. Canada legalised the use of online casinos. 2021 will be the year for online casino growth in the USA.
Supreme Court struck down PASPA in 2018. Since then, twenty states have legalized sports betting. According to the American Gaming Association, 97% of the $150 billion spent on sports gambling in the U.S. each year is spent by illegal sportsbooks and offshore companies.
The Department of Justice authorized all states to determine their online gambling legislation. Four states have approved online casinos in the last decade.
Some states have already legalised online casino use by their citizens.
New Jersey passed an online gambling law in 2013. It was intended to expand N.J.s gambling market and fill the void of lost gambling revenue from Atlantic City. Now, the garden state draws in $225 million a year from online betting. N.,J.'s owns the largest share of the online gaming market in the U.S.
Delaware amassed $3 million in revenue from internet gambling in 2016.
Pennsylvania legalized online gambling in 2017. The state made $33.9 million from online gaming in 2019. P.A. owns the fastest-growing gambling market in the U.S.
West Virginia Lottery Interactive Wagering Act introduced in 2019 allowed state-permitted online casinos. The first regulated casinos on the internet commenced a year later. In October 2020 alone, West Virginia’s online casino accrued over $53 million.
In addition to the above, there are many reasons why online casinos benefit state governors and the public. The USA only have to look at their neighbours Canada to see the benefits the industry could bring.
Is 2021 the year for online casino growth in the USA? States can be selective about what casinos they permit. The government can regulate gambling activities online.
Government licenses iGaming platforms to charge for license fees and tax.
Is 2021 the year for online casino growth in the USA?
The public will have access to approved licensed casino sites in 2021.
Residents can play from their desktop, mobile or tablet without visiting the casino. New casino players can gamble in private without the fear of being judged. Bitcoin casino US is an excellent choice for people who want to gamble privately.
In online bitcoin casinos USA, you can place bets using cryptocurrency and make a withdrawal almost instantly.
2021 will be the year for growth of the online gambling market in the USA. States will start to introduce online casino laws to protect the public interests and put the money from online casinos to fair use. The positive impact on the economy and safer places for US residents to gamble online will encourage states to do so.
There are more states that will allow online gambling. Online casino income will grow as more casino variety is made available to the public.
