The Evolution of Online Gaming in the US: Legal Progress and Industry Growth

The relationship between gaming and the United States has been tumultuous, yet the outlook ahead is filled with potential. The intricate legal framework in a nation made up of semi-autonomous regions leads to a gradual yet steady progression in the establishment of regulations that favor online gaming.

Ultimately, it’s simply another venture, and if there’s one thing you can count on in America, it’s that Uncle Sam has a fondness for enterprise.

The general movement indicates that the gaming industry, in its many variations, is gradually gaining legal acceptance, state by state, with each new bill paving the way forward. The triumphant journey of the online gaming world, though gradual, appears to be inevitable.

Online gaming is a term that lacks a precise definition. This creates challenges in various regions, as it’s difficult to regulate something that isn’t broadly comprehended. Even those within the field apply varying interpretations of this term.

In this article, we explore the concept of iGaming, which refers to online gambling activities centered around games of chance. We steer clear of sports betting and fantasy sports – while legal regulations for sports betting and online gaming frequently go hand in hand, that’s not always the situation.

In the past, physical gambling venues were limited to specific areas and tribal lands. In the seven states that embraced iGaming following the initial DOJ opinion, the majority of online gaming licenses were awarded to entities that already held a gambling license.

There are notable distinctions – certain states permit third-party organizations to seek an igaming license, or some casinos may operate under various brands, managing multiple seemingly independent online gaming operations. However, the majority of this is overseen by well-established companies, such as Silveroak has good bonuses and friendly customer service.

The online realm is inherently free from the constraints of any specific geographical boundaries. The strategies that thrive in brick-and-mortar gaming venues often struggle to find their footing in the online landscape.

 

Europe and various regions globally embraced iGaming with a more positive outlook, resulting in the establishment of major hubs like Gibraltar and Malta that became leaders in the online gambling scene. These platforms, operated from these centers, remain accessible from the US.

Engaging in gaming activities on unregulated platforms is considered illegal. Additionally, it is important to note that accessing a legally sanctioned site from a different state is not permitted, even if you are a resident of that state while traveling.

Absolutely, that’s the theory – but in reality, there are practical solutions like VPNs that enable users to securely access these sites whenever they desire. However, promoting these platforms could lead to restrictions, so ensure that your promotions align with the specific laws of your state and adhere to the compliance guidelines of your advertising network. State regulators frequently require casino operators to implement GPS and IP tracking systems to guarantee that only eligible residents can access online gaming platforms.

People in the US who engage in gambling on offshore platforms, or those that operate legally in other states, may find themselves without any safeguards against potential fraud or financial issues they might encounter. Licensed platforms provide enhanced protection for their players.

IGaming represents the most regulated category of digital games that involve chance. An increasing number of states have embraced sports betting, with a total of 30 now on board, and 18 of those offering the convenience of online options.

While many states across the country permit gambling, they often do not extend that allowance to online platforms. Among the 50 states, just 8 are devoid of any casinos, while 2 states, Hawaii and Utah, impose a complete ban on all forms of gambling. Given the cultural context, it’s unlikely that Utah will ever change its stance on this issue.

States are increasingly open to the idea of legalizing real-money gaming, especially when these activities are classified as skill-based rather than purely based on luck. A perfect illustration of this is daily fantasy sports (DFS). DFS operators are active across 41 states, yet only 19 have officially recognized it.

Other instances of exceptions to the prohibition on online gaming include charitable events, bingo halls, or certain types of parimutuel betting (wagering).

Nearly every state provides a ‘virgin’ version of online gaming through social casinos, allowing players to practice, engage, and relish the social elements of igaming without any real money at stake. Additionally, there are casinos where participants use virtual currency that has no actual value.

Promoting these choices could serve as an effective strategy to gather insights for the future while familiarizing audiences with this exciting form of entertainment.

Several states are contemplating lifting their restrictions on online gaming, driven by the potential financial benefits – they could impose taxes on gambling revenues. Beyond the more traditional states, it’s quite probable that various types of internet gaming will be permitted in the majority of US states and territories moving forward.

The world of digital gaming is buzzing at the moment, and it’s likely that the scene will undergo significant changes in the next year or two. Beyond the more traditional states, a growing number are exploring the possibility of embracing online sports wagering or virtual gaming options. The influx of tax revenue presents a significant motivation.

The unfolding landscape suggests a gradual embrace of digital gaming as traditional casinos team up with state-licensed online gambling giants, paving the way for a new era in entertainment. The most probable outcomes involve gaming platforms functioning under the casino’s name, the name of a major operator, or an entirely fresh brand—essentially a ‘reskin’ of the original site.

As the landscape of the US market evolves, it’s crucial to stay updated on the latest developments. If your advertising budget permits, consider gradually launching campaigns for legal, social casinos to collect valuable data and enhance your expertise.