Category: Online Gambling Stories
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…
New York Online Gambling Expansion Bill
Just two months after the record breaking launch of mobile sports betting, the expansion of New York online gambling into casino games is being proposed in new legislation. Well, that didn’t take long did it?! The political force behind the bill which regulated mobile sports bets, State Senator Joseph Addabbo, is now pushing a new bill seeking to do the same for online casinos.However, unlike the somewhat absurd tax rate of 51% imposed on mobile sports books, web based casinos would only be taxed at 25%. Addabbo’s Senate Bill 8412 specifically seeks to “authorize online interactive gaming” and collect a…
PayPal Gambling Transactions Reveal Their Hand
As an American company, PayPal gambling transactions have always been a bit of a risk. In fact, it was only a few weeks ago that we covered stories on PayPal freezing gambling funds for some of their customers. But things are changing, and the company not only sees these changes, they want their cut of the action. PayPal is actually processing transaction for the online gambling industry, just not for players in the United States. At least not yet. The company recently changed their policy of prohibiting online gambling payments for customers in the United Kingdom. Customers there are currently…
Gambling in America Hits $53 Billion in 2021
In 2021, gambling in America set an all-time revenue record for the commercial gaming industry. Revenue reached $53 billion, according to our friends at the American Gaming Association. This total shatters the 2019 industry record of just under $44 billion by more than 20%. The industry closed the year on a high note, setting an all-time revenue record for the last quarter of the year at $14.3 billion, which eclipsed the previous quarterly record of $13.9 billion, also from 2021. “These results are nothing short of remarkable,” said AGA President and CEO Bill Miller. “The success of 2021 reflects our…