US Online casinos enjoy best month for revenue yet

Author: Live Casino Direct
 
US Online casinos enjoy best month for revenue yet
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American casinos registered the best monthly revenue. Casinos enjoyed more popularity since the coronavirus pandemic. Traditional casinos are still thriving. Online casinos in the USA are growing fast.

Record tax revenue was recorded for gambling in the US. It was 11.69 billion dollars. Sports betting was legalised in seven states in 2021. People visited physical casinos less since 2019 before the pandemic. However, the few that visited spent more than before. This meant that physical casino got more revenue. Internet gambling is more popular than traditional gambling. The laws favor internet gambling, which opened up a way for the masses. In states with strict laws, people visited casinos more. They spent a lot more, so it meant physical Casino got less revenue, but it also meant the physical Casinos got a bigger share of the pie.

Sports betting is gaining popularity in the US. By signing up, you will create a Euro Weekly News account.