Last updated on March 9th, 2024 at 07:21 am
Rhode Island becomes the seventh state in the US to launch online gambling. According to the latest US online gambling report, several states will join the bandwagon in the next couple of years. Several online bookie software experts mentioned Maryland and New York to have online gambling likely soon.
In addition, some have pointed out that the California market is too large to ignore when it comes to online gambling, even if it has been a long and arduous process trying to get an agreement that works for both commercial and tribal casinos and card rooms.
In the United States, just six states—New Jersey, Delaware, Connecticut, Pennsylvania, West Virginia, and Michigan—offered online casino games before Tuesday’s expansion into Rhode Island. Poker is available online in Nevada. However, people cannot play casino games online in the state. On the other hand, the state allows bookies to open a sportsbook.
State delegate from West Virginia and national leader of gambling states’ legislative caucus Shawn Fluharty said that the two states most likely to legalize online gambling soon are Maryland and New York.
US Online Gambling Report
Fanatics Betting and Gaming‘s VP of government affairs, Brandt Iden, a former state lawmaker from Michigan, agreed with him in that evaluation.
With 38 states and DC offering sports betting and only 7 offering online casino gambling, both men conceded that establishing laws regulating these establishments was no easy feat. According to gambling articles reports, Iden stated that certain MPs’ lack of industry knowledge contributes to the situation.
While gambling industry executives argue that internet gambling can complement in-person gambling, some politicians are worried that introducing online casino games would eat into earnings from brick-and-mortar casinos. Upon the introduction of online casino gaming in Pennsylvania, four casinos were reported to have been established by Fluharty.
The state of Maryland commissioned a study that found that Internet gambling will lose brick-and-mortar casinos $200 million annually by 2029. However, online gambling will bring in $900 million in online betting income.
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