The latest on the US gambling industry

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 94%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The last few years threw some challenges at the US gambling industry, but it has been on the up and up since last year. During 2023, the industry generated $66.66 billion and 2024 is looking to exceed this number.

The entire US gambling scene may seem hectic, with an abundance of news, updates, and breakthroughs happening seemingly every month. 36 states have currently reported an annual record set for revenue made from commercial gambling, and over $14 billion was made in gaming tax revenue towards local and state governments.

Renowned gambling expert Vlad Grindu indicates that players can even play in casinos without regulated iGaming markets. DC, Indiana, Florida, and Mississippi are among the ones setting record gaming revenue by now. To reiterate, the Bluegrass State of Kentucky joined the fray in 2023 with the option of sports betting and, in that short time, has made over $100,000,000 in revenue.

Such landmark successes show that the gambling industry has potential in any US state, where the market and players exist and are ready to play. While the US legal betting landscape may be varied and difficult to navigate, offshore betting sites remain a safe option, and by visiting any sites from, US players from any state can enjoy the same betting benefits as those from the states with fully legalized betting laws.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Okomu Oil records N75bn gross earnings in 2023The Okumu Oil Palm Company Plc, said it recorded a gross earning of N75.2 billion in 2023 in line with its strategic objectives
Source: GuardianNigeria - 🏆 1. / 94 Read more »