U.S. Online Casino Gambling Poised for Expansion Despite Challenges
Despite slow growth and regulatory hurdles, industry leaders predict a significant shift towards internet-based casino games in the U.S.
- Legal online casino games currently available in only seven states, lagging behind the widespread adoption of online sports betting.
- Industry executives at the SBC Summit North America emphasize the inevitability of online gambling's dominance, citing consumer trends towards digital platforms.
- Concerns over the potential for online platforms to cannibalize traditional casinos persist, with mixed opinions within the industry.
- Strict regulations and responsible gambling measures are highlighted as vital for the expansion of legal online gambling.
- Economic pressures and potential tax benefits from online gambling are driving discussions about its broader legalization.