Land Based Casinos Eyeing Online Gambling

Online gambling wasn’t even a topic of discussion when Congress made sports gambling illegal.Back in 1992 they passed the Professional and Amateur Sports Protection Act (PASPA) and no one really blinked. If someone wanted to place a bet on the Super Bowl or a basketball game, their options were minimal at best: jump on a plane to Las Vegas or phone their local bookie. Fast forward 25 years and the internet is ubiquitous and laws such as PASPA arcane, making May 14, 2018, a day of gambling liberation, as the Supreme Court overturned the law on the grounds it was…

American sports betting

Ontario Online Gambling Goes Live

It’s taken nearly three years of work, but today is the day that Ontario online gambling finally goes live. Residents in the province are now able to bet on casino games and sporting events via websites and mobile apps. Several operators have gone live already, including FanDuel, BetMGM, Rush Street, Unibet, Bet365, FanDuel and 888. Also up and running are PointsBet Canada and theScore Bet, among others. They are all under the regulatory watch of iGaming Ontario, which is part of the Alcohol and Gaming Commission of Ontario. This all began when the province unveiled plans to put an end…

Are a Handful of Developers Still Monopolizing the Online Slot Scene?

Ever since iGaming began gaining popularity in the early noughties a small handful of online slot developers found their way to the top of the mountain, cementing themselves as leaders and innovators within the field. iGaming is a perfect example of a monopolistic industry. 99% of online slot developers produce similar products and there’s very little to differentiate one studio from another. However, despite this, a small handful of developers have dominated the market for quite some time. If you were to follow a timeline of proceedings within the industry from the year 2000 all the way through to 2020,…

online gambling US

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…

State regulation of sports betting

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…