The global online gambling market is expected to grow at a compound annual growth rate of more than 12% from now through 2028. Gambling is highly sensitive and responsive to new technologies and innovations. The unprecedented growth of online gambling activities, such as online casinos and betting, has propelled players in the online gambling market to adopt new technologies to survive the competition. One such technology which is widely making inroads into the industry is augmented reality and virtual reality. The gambling industry has the highest potential to use AR and Virtual Reality technology in the future. Top gambling vendors…

A New Hampshire online gambling bill has passed the state Senate, the first successful internet gambling vote by a Senate in 2023. That bill, SB 104, was drafted by Representative Tim Lang and narrowly passed the chamber despite concerns that legal iGaming could cannibalize land-based casinos in the state that provide Lucky 7 electronic games and historical horse racing. Charitable gaming operators in New Hampshire offer part of their revenue to the state to fund various charities, and many suggest that an expansion of online gaming could adversely affect these efforts. In response to these concerns, an amendment was added…

The man responsible for sports betting in his state is back at work. Senator Joseph Addabbo has rolled out a New York online gambling bill that would regulate web based casino games, including slot machines. The bill also has provisions for live dealer and table games, as well as for online poker. In true New York fashion, however, Addabbo’s bill proposes a tax rate of over 30% to be imposed on operators. That’s about twice as much as the usual 15% in other states that have regulated internet casino games. But before we get ahead of ourselves, this bill has…

This week we have online gambling news from Massachusetts, where mobile sports betting violations abound! Plus, more online betting news from Ohio, where the fines are flying. And then sports betting news from New York, where the operators are starting to push back!   Hello my friends! And thank you for streaming another edition of This Week in Gambling, as online betting continues to sweep across the country. But with more money comes more problems… I think they even wrote a song about that! First up, we told you back in January about the new gambling records, and now the…

The popularity of online gambling has dramatically increased recently. It is currently outpacing conventional casinos in terms of popularity and earnings, expanding at an alarming rate. Online gambling isn’t just restricted to classic casino games. Online gambling comes in various forms, but you can wager on practically any game. Types of Online Gambling The three main types of online gambling are poker, casino games, and sports betting. To succeed, you’ll need luck, but all three games are enjoyable to play with the potential to win extra cash. 1. Online Poker The most widely used type of internet gambling is poker….

Info-Tech Research Group has published a new industry trends report about crypto, NFT’s, and online gambling, and how they effect the future of casinos and their need for digital transformation. The report is timely, as the effects of the pandemic are still apparent to casino operators, most notably with a shortage of labor and skilled labor, health and safety concerns, and the prominence of online gaming and its effects on brick-and-mortar casino floors. Info-Tech’s findings reveal that the casino industry is at the precipice of significant change. Operators need to consider what is happening in the external environment that directly…