Online Gambling Market sees Incredible Growth

Photo by Mathew Schwartz

Over the last few years the United States has seen exponential growth in the iGaming industry. While America hasn’t been as quick to accept the idea of online gambling as other parts of the world, we’re starting to see more and more states warm up to it. 

States with Legal Online Gambling 

In the USA, online gambling is regulated state by state instead of as a country whole, and can be broken down into three categories: online casinos, online sportsbooks, and online poker. A lot of states have legalized some form of wagering online, but only Pennsylvania and New Jersey allow you to participate in all three. 

The following is a list of states that offer at least one form of online gambling: 

  • Nevada
  • New Jersey
  • Pennsylvania
  • Indiana
  • West Virginia 
  • Iowa
  • Rhode Island
  • Oregon 
  • New Hampshire 
  • Delaware 

Online Gambling in New Jersey 

Online gambling (แทง บอล ออนไลน์ in Thai) in New Jersey since 2013 and offers all kinds of platforms for players to gamble on. It is the biggest iGaming market in the United States, with a worth of over $225 million. 

Since launching the first online casino, New Jersey has made $1.4 billion in revenue. Just from the online casinos! The Garden state continues to surpass its revenues every year, so we can say with confidence that the market has no signs of slowing down any time soon.   

Online Gambling in Pennsylvania 

Pennsylvania legalized all forms of online gambling in 2017 and launched the first casino site in the state two years later. As of today, players will find numerous options to wager online via sportsbook or casino. There is only one online poker platform thanks to PokerStars PA, but many of the other online casinos are expected to expand shortly. 

The Keystone state passed the new bill as a way to generate more tax revenue. Pennsylvania hasn’t been a part of the iGaming world nearly as long as New Jersey but has continuously shown even, if not better, numbers and growth in the market.  

In December 2019, sports betting and online casinos racked up a total of $7,515,965 in tax revenue. A month later in January of 2020, online sports betting alone broke new records bringing in a total of $22.8 million

Future of Online Gambling in the United States 

Seeing that online gambling laws are decided state by state, it’s hard to predict the status for the country whole. While states like New Jersey and Pennsylvania are doing exceptionally well, other states like New York aren’t even close to legalizing any forms of gambling online. 

For the states that are close to passing their own bills, it will still take time for any platforms to go live. Since NJ appears to be doing the best in the iGaming market, why not stay up to date on the latest casinos to launch? You can read all about it and more by visiting NJ Online Casino