FRIDAY OCTOBER 20, 2017
 
Blog GAMING
HOW CAN WE EXPECT ONLINE GAMBLING TO CHANGE IN THE US?
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Online gambling has always been a dynamic issue, especially in the United States. It is a growing industry that generates billions in revenue across the country. Some states are putting better regulations in place in order to provide the online gambling industry a better foundation to grow. Other states are still debating issues surrounding online casino games and poker rooms.

Despite the ongoing debates and recent changes, it is difficult to deny the fact that the online gaming industry is growing at a steady rate. In fact, there are a number of changes that we can expect to see from online gambling landscape in the US.

MORE GAMES AND VARIATIONS

The advancement in internet and mobile technologies has made a lot of new things possible for both the companies behind online gambling platforms and players accessing them. Mobile gaming is the latest trend in the industry, with top names such as PokerStars and MGM developing their native mobile apps to cater to more players.

The future of online gambling, however, lies in Virtual Reality and Augmented Reality. Both of these technologies are bringing new ways to interact with the digital realm, delivering a more immersive experience. Leading companies in the industry are already experimenting with live, VR-based online gambling experiences that will take online gambling to the next level.

We’re also seeing more games and variations being introduced. Online Slots games are now themed and offer more network jackpots worth millions. Virtual poker rooms are connecting players from across the country. Other games, including fantasy sports and social gambling, are becoming increasingly popular.

BETTER REGULATIONS

According to the latest research here, there are now 44 states in which you can place at least one form of online bet legally. Local governments are beginning to create better foundations for their online gambling industry for a number of critical reasons.

For starters, online gambling is a growing industry that has the potential of contributing millions in state revenue. New Jersey, one of the leading states on the matter, recently announced its reports on offline and online gambling, as well as their impact on the state’s economy. The reports showed that the income potentials are there to seize.

Other states are following suit, introducing better regulations that will protect both the industry and consumers in general. There are 26 states that are currently considering bills to expand online casino operations.

OBSTACLES TO OVERCOME

The rapid growth of the online gaming industry also comes with a number of challenges to overcome, among which are controlling underage access and out-of-state play. Regulators are placing these issues as their top priorities while industry leaders are coming up with new ways to further secure their platforms.

There are concerns about online casinos eating up revenues of existing brick-and-mortar casinos, but the latest situation in Atlantic City proves these concerns to be without basis. Atlantic City casinos are actually enjoying an additional 10% in revenue from their online gaming setups, proving that the two sides of the gaming industry can work together.

The future of online gaming in the US looks bright. Positive changes are coming to the industry, albeit at a slower pace than anticipated.

 

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