Due to the widespread of the coronavirus, casinos have closed across the USA and sports betting is drying up. With all that happening online gambling industry is providing entertainment to all gamblers. Revenue has grown in a short space of time in most USA states. The web gambling revenue not including sports betting has risen to 66% in New Jersey. It has risen to $65 million in March only. In terms of online gambling, New Jersey is the leader in this country.
Online Gambling Games in the USA
You can enjoy as many games at online casinos as you can do at land-based casinos. The greatest advantage of playing online is the fact that you have a wide range of games that you can play unlike at land-based casinos. Moreover, you also have a chance to try out the games for free without having to risk your money. You can also play using a device of your choice from the desktop, tablet or smartphone. Games you can play online include:
- Slots
- Blackjack
- Baccarat
- Craps
- Poker and more
Morgan Stanley Gaming Analyst on Online Gambling
Thomas Allen who is the Morgan Stanley gaming analyst in an article wrote that coronavirus impact may lead to more states legalizing online casino and sports betting. This is because it has been booming as it is now where profile get entertainment since casinos closed down.
“We believe the impact of COVID-19 could spur more states to legalize online casino and sports betting,” he wrote.
He also went on to reveal that the revenues of online gambling excluding spots sports betting in New Jersey has shifted from $483 million in 2019 and they are on track to go over $700 million this 2020. This has been helped by a move from traditional to online gambling.
Online Gambling Laws In The US
There is no federal law against internet betting in the US which makes it legal. There hasn’t been a person who has been arrested for placing bets online. However, what is illegal is to run a gambling operation. Few states have specific laws against it. Some states have legalized online gambling, given that you will be gambling at approved online casino sites. Gambling laws in states differ. Some states legalize some form of gambling like poker whilst some legalize more. Below is a list of states that have legalized some form of web betting.
- Delaware
- Nevada
- New Jersey
States That Prohibit Online Gambling?
Some states specifically prohibit online gambling. These include
- Indiana
- Louisiana
- Illinois
- Montana
- Nevada
- Oregon
- South Dakota
- Wisconsin
Conclusion
Coronavirus has affected the US and the world at large negatively. The state budgetary positions in the US has been negatively impacted which means looking out for new sources of taxes. The legalization of online gambling is one quick way than building brick and mortar casinos. web betting has been growing since the pandemic which means making the industry popular and also offering entertainment to most during these trying times.
Online Gambling FAQs
[accordiongroup id=”344″][accordion group=”344″ title=”Are There Any Laws Against Gambling In The US?” active=”true”]There is no U.S federal law against internet betting. That means on the federal level, gambling online is perfectly legal due to the lack of the law against it.[/accordion][accordion group=”344″ title=”Where Is Online Gambling Legal in The US?” active=””]Yes, in some states. However, it is not the same type of gambling in all states. Some allow just poker, whilst others allow online casinos and others just allow sports betting only depending on the states you are in. New Jersey, Pennsylvania and Delaware allow online casino gambling.[/accordion][accordion group=”344″ title=”What Is The Age Restriction For Online Gambling?” active=””]Every state has different jurisdiction when it comes to the requirements for web betting. But in most online casinos 18 and over is the age limit for gambling.[/accordion][accordion group=”344″ title=”What’s The Impact If Coronavirus On Online Gambling?” active=””]Coronavirus has affected the online gambling industry positively. Since brick and mortar casinos have closed down due to this virus. Most gamblers are now making use of online casinos to enjoy their favourite games. This has seen an increase in the statistics of online gambling. The traffic has increased as well as the revenue. The virus has given much exposure to this form of gambling making it more popular.[/accordion][accordion group=”344″ title=”Who Is Thomas Allen?” active=””]Thomas Allen is the Morgan Stanley gaming analyst.[/accordion][/accordiongroup]