Israeli iGaming companies will play a key role in the US market
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Israel has become a strong player within the iGaming industry. The growth of i gaming in the USA is estimated to reach $93bn by 2023. There are currently only five states in US that have made online gambling legal. Some states have pushed bills to make more online casinos legal in USA.
Israeli iGaming companies will play a key role in the US market. US Gambling Laws are tight, but it is not illegal to operate an online gambling website anywhere in US. New Jersey was one of the first states to legalize all forms of online gaming, including online casinos. Other states have recently followed suit. Players from Pennsylvania, West Virginia, Delaware and Michigan can access perfectly legal online casino gaming in their home state.
Israel is a dominant player in the iGaming industry. It only permits horse race betting, the national lottery and sports betting. Entrepreneurs and businessmen saw the potential in i gaming earlier and backed several start-ups. The first online casino allowed to operate in US was Israeli-owned and gained license as an Interactive Gaming Service Provider from Nevada Gaming Commission in 2013.
Israeli companies have made a significant impact in the iGaming industry in US. Since the COVID-19 pandemic, many states in U.S. have considered changing their laws to allow online casino gambling. This would present an opportunity for Israeli iGambling companies to enter various states.
