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The regulated online gambling market in the U.S. has attracted the attention of many big players, both within and outside the gambling industry. This includes a disproportionate amount of offshore companies, due to the fraught history of online gambling in the states.
Since the advent of the Internet, the federal government and the Justice Department have taken a hostile stance towards online gambling. With the exception of sports betting in recent years, online casino gambling still remains very much within the crosshairs of the government.
Over the years, this has led to the stagnation of the online gambling market in the U.S., with the notable exception of Las Vegas. When you discount the casinos in Atlantic City and Las Vegas, very few homegrown companies are active in the online gambling scene, especially on the tech side of the equation.
In the global market, Europe has stolen a march on everyone else with their more liberal take on regulated online gambling. This has led to the rise of a diverse field of companies looking to enter the newly opened online betting markets in the United States in 2018–19.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Regulated Online Gambling Market Attracts the Attention of Big Players
