The online gambling industry has made some remarkable strides in the past few years. For starters, more countries have legalized the sector, from the US to Germany. Secondly, sportsbooks have become important financiers of sports franchises and leagues.
In 2021, the industry will continue doing what started a few years ago. For example, mobile betting will become more rampant. Bonuses will become a right for every player and casinos will innovate to increase players’ experience and their bottom line. Without further ado, below are five top predictions for the online gambling and sports betting industry.
Increased Legislation in the US
The debate to legalize online gambling in the US has been raging on for years. However, most states got serious about it after the Supreme Court struck off the PASPA Act that previously banned sports betting in 2018. Delaware, New Jersey and Mississippi authorized sports betting within six months of the decision.
Nearly two years later, twenty states have authorized sports betting. Some of the jurisdictions permit in-person betting alone. But over a dozen states also allow mobile betting. A few of the states, including New Jersey and Pennsylvania, also authorize online casinos.
In 2021, more states will get into the online gambling business. New York, South Dakota and Maryland are some of the states actively pursuing bills to legalize the industry. Gov Cuomo of NY plans to run sports betting through the state lottery.
On the flip side, South Dakota and Maryland showed support for sports betting through