The US online gambling market is currently flourishing. Millions of Americans play regularly at US based casinos, and millions more visit US based online casinos on a weekly basis. US online gambling revenues are predicted to rise as high as twenty percent annually, and possibly even higher. As a poker player, you may be wondering why the US online gambling market is flourishing. Why aren’t US players switching over to play for money in their favorite online casinos in the US?
One reason US players have stayed put is that they believe the online casino scene in the US is clean and safe. The US government has made it a point to strongly regulate online gambling, to ensure fair play for players. Many laws are in place to protect US residents from illicit activity on the part of online gamblers. For example, all US players are required to register with the Gambling Control Act, a federal law designed to protect US residents from activities associated with gambling, and to protect against the abuse of gambling by US residents. In addition to the Gambling Control Act, states have also implemented a variety of other laws designed to protect both players and websites from potential harm.
Another reason why many US residents are staying in the online gambling industry is the high rate of success that most casinos have under US supervision. Not only do online casinos abide by the laws of the US, they also follow the standards set by international standards. This means that most online casinos are operated by large international companies, rather than small and locally owned operations. In this way, the online gambling industry enjoys the advantages of a wide range of contacts, which can include payment processors and financial institutions, as well as talented gaming designers.
One of the reasons why the online gambling industry has flourished in the US is because it provides a convenient avenue for players to gamble without leaving their homes. Unlike in the past, when players had to travel to their local casino, and stand in line for hours, playing video poker or other roulette games, US online casinos allow players to place bids and make purchases immediately through the Internet. Additionally, many US online casinos accept all major credit cards, which allows players to avoid having to pay extra fees to do so. Online gambling also offers players a sense of anonymity, as they do not need to reveal their real name to another person when they are gambling online.
US online casinos are constantly expanding in size and are targeting new markets with ever-growing technological advances. They are increasingly transparent, allowing clients the opportunity to view every single transaction they have made over the course of a gaming session. Most online casinos also feature instant winnings, which further heighten the sensation of anonymity. As online gambling continues to expand in the US, it is likely that the country will soon see an explosion in online gambling venues. Just as the online world continues to grow, the US online gambling market will likely follow.
Beyond the US, online gambling is legal in almost every country throughout the world. This is because most online casinos are operated offshore, where they don’t have to worry about following local laws. For example, if a player in the US tries to play an online casino in the tiny state of New Jersey, for whatever reason, the player would be subject to local taxes and payment obligations. However, if the same player went to a different jurisdiction – say, for example, to an online casino in Mexico – he or she would not face these types of restrictions. All casinos are based on trust, which means that no matter where they are situated, players can always play online gambling with complete confidence.
Beyond the US, several other countries around the world have legalized online gambling. For example, in April 2021, the UK’s Gambling Commission began allowing online gambling in its country. This followed closely the beginning of the US State of California’s implementation of a law allowing all resident citizens over the age of 21 to gamble online. The number of states with specific online gambling laws is gradually increasing as other jurisdictions consider putting in place legal casinos.
In addition to the US, other countries around the world including Canada, Sri Lanka, Japan, Italy, Germany, Taiwan, Thailand and many others have legalized online gambling. However, these jurisdictions do not share a common approach to online gambling, which is why the US still leads the pack in terms of the volume and range of websites that offer betting and gaming opportunities. Since the US government controls the majority of the online gambling market, there are a wide range of factors that influence the amount and type of gambling and gaming opportunities available on the Internet. While the US has regulated most online activities, other countries have yet to take this step.