Category: Online Gambling Stories
US Online Gambling to Grow by $2.2 Billion
The potential growth difference for the US online gambling market between now and 2026 is is forecast to be as much as $2.2 billion. This according to research by the market research group Technavio in their “Online Gambling Market In US by End-user and Gender – Forecast and Analysis 2022-2026” report. The easing of government regulations and wider reach for online gambling are some of the key market drivers. The internet gambling market in America comprises different types of games, and the rewards also differ from one game to another. The rewards are given in the form of physical goods…
American Gambling Sees Fastest Start Ever in 2022
Our friends at the American Gaming Association track American gambling revenue for commercial gaming. And this year those numbers show that the industry took in over $4.4 billion in January, which is fastest start to a year ever recorded. The AGA’s numbers show the state-by-state and nationwide financial performance data, and include breakdowns for individual gaming verticals. The latest edition of the tracker includes comparisons to January 2020, and to 2021 when the Coronavirus pandemic was continuing to impact commercial gaming revenue. Coming off of a record-breaking 2021, U.S. commercial gaming revenue in January, reached $4.50 billion, the industry’s fastest-ever…
Atlantic City Casinos Revenue Rises Nearly 30%
The New Jersey Division of Gaming Enforcement has published revenue figures for Atlantic City Casinos in the month of February. The numbers show that the nine operators in the market were able to take in over $210 million in profit, which is a significant gain from last year. Better weather and the waning of the pandemic have contributed, of course, with revenue this year reaching over $395 million to date. That represents a 28.5% growth from the same time in 2021, when the numbers reached barely over $305 million. A large portion of this revenue was from foot traffic to…
Gambling as a Part of American Culture
There is a new horizon in the United States for gambling, as new laws allow certain states to decide their own legislation for online gambling. Although in most states, legislation has only recently come to fruition, it comes as no surprise that online gambling would make its way back into US culture, simply because there is a deep history and gambling culture ingrained in the US. Below we will have a look into US gambling history and its culture leading up to today’s online gambling scene. If you like to skip straight to an online casino overview rather than read…
US Online Casino Betting Could Explode in 2022
This week’s gambling news focuses on the expected growth of US online casino betting, and in particular the expansion of regulated internet casino games. Why are online betting and casinos about to explode now? And what lead us to this point? We also look at a new interview we just released that relates to this topic, and a major casino game manufacturer that’s rebranding ahead of the expected explosion. What a great time for our industry here in America, as online casino betting, web based poker, and even crypto slots seems ready to explode across the entire country! And you…
Scientific Games Slots & iGaming Re-brand
Scientific Games has announced that the company is splitting their lottery operations from their slots and igaming divisions. The lottery group will operate as a stand-alone company and retain the Scientific Games name. Meanwhile, the Gaming and iGaming divisions have split-off and rebranded as Light & Wonder. The Light & Wonder company will establish a cross-platform approach to deliver online slot and game franchises to casino players in land-based, online and mobile casinos, and for both real money and free play social games. Light & Wonder’s rebranding does not impact the company’s lottery business or 130 customers in 50 countries…