Online gambling is becoming increasingly popular, particularly in Western countries. Countries such as Canada and the United States are currently leading the way in the digital casino industry, which is growing year after year. The market in the United States is particularly enormous and continuously attracts millions of gamblers.
But how big is the internet gambling industry in the US? This, and much more exciting information, will be revealed in the coming paragraphs. Let’s have a peek!
The size of the online gambling market in the United States
First things first, so let’s get straight to it and answer the main question. According to the report, the online casino sector in the United States is currently worth more than $2.2 billion each year. According to the report, the industry’s trajectory will continue to rise, with annual growth reaching 17% by 2026. This suggests that the market will eventually grow by a factor of two.
The sheer size of these figures shows that the online casino sector in the United States has a bright future. It is obvious that it has the potential to draw a significant number of players from all states, and as a result, it will usher in a new era in the casino industry: online gambling.
Why do so many individuals enjoy playing at online casinos?
It is already obvious that internet casinos have grown to impossibly vast sizes, yet the question remains as to why. As it turns out, we may discuss the phenomenon from a variety of viewpoints; thus, let’s look at the main causes of this.
Unrivaled comfort in every way
The size of the online casino sector in the United States can be explained in a variety of ways, but convenience is definitely the most important factor. You are not required to travel, nor are you required to put on a performance or go out. You only need to relax in your own home and reap the benefits.
Even better, you can now gamble while stopped in traffic or waiting in line at a bank. Enthusiastic gamers can engage anytime and from anywhere they choose, as long as they have access to the internet and either a personal computer or a mobile phone. As a result, the online casino provided by the United States is extremely popular with gamblers of all ages and from all over the world, regardless of where they reside.
Promotional opportunities and bonuses
Online gambling platforms’ bonuses are far more lucrative than those offered by traditional casinos. You do not need to visit the facilities to take advantage of the fantastic offers being offered. When compared to traditional casinos, online gambling institutions are far more generous in terms of bonuses and other perks to both new and long-term players. Some of the most popular promotional deals are as follows:
- Bonuses for no-deposit transactions
- Sign-up incentives
- There are few, if any, requirements for placing bets.
- Reward for devoted devotion
- VIP parties
Because of all of these benefits, you can play without restriction and quickly become acquainted with new games.
The COVID-19 pandemic
Furthermore, it is plausible to argue that the COVID-19 pandemic had a significant impact on the market. The epidemic, which led the virus to spread to several cities and even states, understandably terrified people. Because so many casinos in the United States were forced to close their doors for a prolonged length of time, many people began to seek alternative forms of gambling.
It turns out that all they cared about was gambling at online casinos. With the introduction of internet casinos, gamblers could reap the same rewards they had previously experienced without having to leave the comfort of their own homes. People will no longer have to be concerned about their health or infringing any of the laws and restrictions set in place to prevent the spread of the coronavirus.
Gaming on mobile devices
Another aspect that adds to the success of online casinos in the United States is mobile gaming. Unlike traditional casinos, virtual gaming platforms can be accessed via any mobile device. And, let’s face it, practically everyone in this day and age owns a cell phone.
There are over 300 million smartphones in the United States, indicating that 90 percent of the population owns one of these electronic gadgets. Under these conditions, it’s easy to see why so many people have started gambling on their mobile devices. In fact, the number of active mobile gamers has overtaken that of active desktop players.
The future looks brighter for the growth of online gambling platforms based in the United States, particularly those that prioritize the development of mobile applications and provide a diverse range of games.
How dangerous is it to bet on the internet?
This is another question that regularly arises among people who have never played at an online casino. And there’s a simple explanation for this: the impression of safety differs across all of these diverse platforms. Some websites appear to be more reliable than others, while others appear to be over a decade old.
The good news is that a huge number of newly opened casinos provide top-tier safety features to all of their customers, providing them complete and utter peace of mind. The most important step is to establish a secure method of logging in, which is commonly performed by using a two-factor authentication system. This ensures that only users who have been granted access to their accounts may access them across all platforms.
You may be confident that no unauthorized individuals will be able to gain access to your account in this manner. Internet gambling is currently one of the least risky industries in the United States due to the widespread usage of cybersecurity.
Online gambling’s incredible features and benefits are leading to its rapid increase in popularity across the United States. We strongly advise you to investigate it since we believe it will continue to grow in the next few years. You’ll have a great time playing casino games online.