Why the USA will be the biggest online gambling market in the world
Although the USA might not be a huge online gambling market across the world at the moment, there should be no doubt that they will be one of the biggest – if not the biggest – in the world in the future.
Whilst places such as the United Kingdom are heavily regulated, they have proven to be one of the biggest online gambling markets in the world. Perhaps due to the strict rules and regulations that have been put in place to protect everyone involved, however it could prove to be a format for success that the United States of America can look to follow in the near future.
It is well-known that there are a number of legal issues that surround the gambling scene in North America, however these could certainly make things rather appealing in the future for bettors across the nation.
Indeed, there are also a number of different reasons that may make the American online gambling market one of the biggest in the world when it finally does take off.
One of the most wealthy and populous countries in the world
The first is the fact that they are simply one of the most populous countries in the world. According to data in June 2020, the United States are behind just China and India in regards to how many people live within the country. There is said to be just over 329 million people in the North American nation, although that is almost a whole billion people behind second place India.
Despite having a population of fewer people than two of the other world’s biggest gambling markets, the USA also has one of the richest economies across the planet, which has been helped by the population. Thus, more people will likely have more money to wager on average when they place bets on a number of different sporting events compared to other countries across the world.
In addition, many of them will each have access to either a smartphone, a tablet device or a desktop computer, meaning almost every single American adult will have the accessibility to be able to get join an online gambling operator.
The ‘new’ factor
But, perhaps one of the most important reasons as to why the American online gambling market will be the biggest in the world is because of how new it will be for many players across the country.
As mentioned, the act of gambling has been illegal in almost every single state – with the exception of Nevada – until just 2018. However, things have started to change in the country as the Supreme Court have introduced laws that allow for online sportsbooks and casinos to start to trade.
Indeed, states such as Pennsylvania have seen a number of pa online casinos already show some impressive numbers in regards to the number of people placing bets with them, therefore providing some encouraging data that betting could prove popular across the country.
If other states can follow the same start that Pennsylvania and New Jersey have had, then there is no doubt that the United States of America will be the biggest online gambling market in the world in the very near future.