When we play in our favourite casinos, we exchange our real money for chips. And whilst these tokens might feel plastic, they are still considered a form of currency. This makes the chips attractive to criminals who still try to produce counterfeits. Amazingly enough, casino croupiers often state that it’s an easier task to make fake money than chips these days. But what do you look for when you are playing? What do you do if you find a bunch of casino chips? In this article, we will give you the full lowdown on how to protect yourself and what the casinos do to keep you safe. We’ll also let you know how counterfeiting criminals are dealt with in the USA.Read more
US Gambling Recap - Q1 2021
The first quarter of 2021 sees the US gambling industry continuing it’s expansion at a steady pace as more US gambling authorities loosen their belt buckles and grant gambling licences to global players like Evolution Gaming and Ezugi, who after recent reforms are now showcasing their live dealer games in New Jersey. Naturally, other industry heavyweights have caught wind of this recent momentum and began investing heavily as they look to expand their geographical presence and capitalise on the emerging US player base.
Casino Closures Impact
Recent events have had a major impact on the gambling industry in the US and afar. Leading to the closure of casinos, lottery outlets, and gambling venues such as bingo halls, horse racing and gambling lounges. and to the suspension of any betting activities that were supported by sporting events.
Naturally as a result of this, the industry has transformed from offline to online gambling activities with several operators adapting to digital to counter the closure of many brick and mortar gambling establishments. This has positively impacted the market in 2021.
According to reliable United States online gambling market reports, Americas’ online gambling market will increase by a CAGR of 15.25%. Suggesting sustainable yet impressive growth over the coming years with online wagering revenue predicted to account for over 20% of the total gambling revenue in 2021, which may even grow as more states look to pass new gambling legislation. Projections attest to at least 37 states authorizing online gambling by 2023, so it’s no surprise that many online casinos are looking to expand their operations into the US market as States like NJ, PA and MI benefit from the upsurge of safe online casinos
Top Performing States
The first quarter of 2021 sees New Jersey continuing to show steady growth, with more operators still entering a crowded marketplace to gain their share of the impressive revenue. With 30 NJ online casinos operating, players have more online gambling choices than ever before.
New Jersey Revenue
Internet gaming wins hit $93.8m in February compared to $52m over the same period of 2020, reflecting a rise of 80.4%.
New Jersey Operator Market Share
|Online Casino Operator||NJ Market Share (%)|
Top 3 New Jersey Online Casinos
Pennsylvania is the fourth and biggest state to legalize and regulate online gambling. The new law allows for online casinos, online poker, sports betting, and more. Casino gaming (including slots and casino table games, such as roulette and blackjack), poker, sports/horse race betting, and fantasy betting are all regulated by the Pennsylvania Gaming Control Board.
Also, as per the data published by the American Gaming Association, the total gross gaming revenue of online casinos in Q1 2021 amounted to $250 million. With impressive YoY growth, regulation of online casinos in the state is expected to increase as the number of downloads of various online casino games and contribute even more revenues to the online gambling market in 2021.
Top 3 PA Online Casinos
It’s been 4 months since the online gambling regulations were relaxed in Michigan, offering players from MI more choice than ever before. Since January 2021 players can enjoy online casino wagering, internet poker, bingo and lottery, DFS, The state’s 13 active operators collectively brought in nearly $110 million in gross gaming revenue in Q1 2021, with $18.5m of that being tax payments to the state. That’s already contending with the Pennsylvania online casino market, which had an 18 month head start. The top three operators remain the same: BetMGM, FanDuel and DraftKings. All three saw a double-digit percentage drop in daily average revenue, however. Conversely, all of the smaller operators grew their revenue.
Operators in Michigan
At the end of Q1 2021, Michigan currently has 12 online operators, we've listed the operators and their licences below.
|Online Operator||Licence Holder|
|BetMGM||MGM Grand Detroit|
|DraftKings||Bay Mills Resorts & Casino|
|BetRivers||Little River Casino Resort|
|Penn National Gaming||Greektown Casino|
|William Hill||Turtle Creek Casino|
|Golden Nugget||Ojibwa Casinos|
|Fox Bets/Poker Stars||Odawa Casinos|
|PointsBet||Northern Waters Casino|
|GAN||Kewadin Casino Properties|
|BetAmerica||Island Resort and Casino|
|Parx||Gun Lake Casino|
Top 3 Online Casinos in Michigan
US State Licence Reform 2021
Six states have already passed Bills legalizing sports betting, and 22 others have submitted changes to legislation and are hoping to make online gambling legal in 2021. Once online gambling is regulated, placing wagers via desktop computers, mobile phones, and other mobile devices will become an option for gambling enthusiasts in those states.
in 2021, relaxation of legislation seems to take longer when it comes to passing games of skill or chance with most states with traditional gambling venues such as tribal or commercial casinos, card rooms, and race tracks reacting negatively towards interactive and digital gambling. This trend is changing, though, with some of these states joining the race for online casino legalization including; Connecticut, Illinois, Nevada, California, New York, Indiana, and Massachusetts.
We'll keep you updated throughout 2021, but once things for certain; players can be sure that additional states will be looking closely at their gambling legislation and considering a reform. Mobile technology is ensuring online operators are more accessible than ever and larger numbers of Americans are connected, wherever they go. With the figures above, nobody, including elected leaders can deny just how popular and profitable online gambling can be.
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