US iGaming Has a Lot of Potential, AGA Says

Author: Live Casino Direct
 
US iGaming Has a Lot of Potential, AGA Says
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US iGaming has a lot of potential, AGA says. AGA's latest State of the States shows how the various gambling verticals fared in 2021.

IGaming is the most profitable form of gambling. It is legal in six states and generates 86% of the revenue of sports betting. Sports betting and its mobile form are reaching new markets. By the end of December, there were 30 states besides DC where some form on sports was legal.

IGaming has potential benefits for local economies. States that allow online gambling usually impose high tax rates on it. 2021 was a record year for the industry as a whole. The industry-wide revenue of $53 billion was recorded.

AGA believes US gambling is going to grow in 2022. More states are going for online gambling and in California, the fight to legalize online sports betting continues.

21st year was tumultuous but it set a new baseline for gaming in the long-term.