Latest News
How Online Gambling Gained Momentum in the USA Amidst Covid-19
With the lingering Covid-19 pandemic and ongoing quarantine, people constantly get bored at home; hence they frequently turn to online sites, games, and platforms. The recent lockdown(s) led to the closure of Lottery Stalls, Gambling Lounges, Bingo Halls, and Casinos. The gambling industry transitioned from offline to online gaming and gambling at the comfort of your home.
One can distinguish online gambling by getting involved in betting in casinos or sports over the internet. People referred to this as Internet Gambling or e-gambling. Usually, you use credit cards to place the stake, and you can enjoy wins or losses thereby. And with the current popularity of online gambling, a must-do is to find a safe and reliable online gaming site like CasinoVibez.
Online Gambling Facts And Statistics
Statistics say that in 2020, the online gambling market in the USA was at an estimated value of USD 1,978.57 million and projected to register a 17.32% in a 5-year CAGR. And the online gambling industry statistics show that the Covid-19 lockdowns of 2020 put many bettors at the risk of consuming either more time or money venturing online.
Here are some current facts about online gambling in the US:
About 96% of online bettors find it convenient to play at home, and 64% consume more time and wealth gambling online. More than 10 million Americans have a gambling addiction, and 85% of Americans divulged to having gambled at least once in their lifetime.
Looking at the online gambling data, more than half of the online gamblers in the USA are female, and they are 31% more at risk of developing problems due to online casino gambling.
And while itâs true that online gambling is widespread globally, it doesnât inevitably mean that all of it is legal. In America, 16 out of 50 states are not even intending on approving a bill, the illegal gambling statistics show. Some of these states include Texas, Wyoming, Washington, and Utah, to name a few.
Why Online Gambling Became The New Normal
The aptitude of placing a stake or taking part in a card game from the solace of one’s home appeals to many patrons worldwide. As a result, the international online gambling market scope reached almost 59 billion USD in 2019, and they foresaw its further growth. And with casinos and gambling halls closed because of the pandemic, the investors and owners found another way to revive the industry in the form of online gambling games and online gambling sites. Now, you don’t have to travel to Las Vegas to experience gambling at its best.
Whether you’re in bed or out on your patio drinking coffee, you can relive the feeling of being there in the safety of your home. Just like wearing face masks and the 6-feet-away rule, online gambling is one of the new normals that we have to encounter.
Top 5 Popular Online Casino Games That Boosted Online Gambling
From face-to-face gaming to online gaming, these games played a big part in boosting the online gambling industry. You could check below some of the most famous and best casino games that you could try.
Slots
One of the oldest and considerably famous gambling games to play, online slots will provide you with hours of leisure and allow you to earn real cash on one of the many generated jackpots available. Online slots are also one of the simplest games to play, so it’s a crowd favorite.
Roulette
The game Roulette is one of the oldest and most common casino table games out there. When playing, you have to spin the wheel and see if your number comes up. There are three traditional types to choose from; American, European, or French roulette.
Blackjack
Also known as 21, it is undoubtedly one of the most popular classic games of skill. This hugely famous card game is an online favorite and is available in many variants that will keep you occupied for months and months.
Video Poker
Poker is another of those top-rated gambling games accessible online. Video Poker is a game based on the five-card draw poker where you play by betting coins in hopes of building the most substantial possible hand. Winning will add money to your bankroll.
Keno
Keno is simple to understand and quick to play. It’s a lottery-style game that has become a favorite at online casinos everywhere. Like the lottery, this is a game of chance, and the outcome is entirely random. So if youâre interested in bingo or lottery-style games, be sure to check this out.
Online Gambling Reminders
Online gambling has a significant impact on the world as we know it today. The upgraded gambling industry accompanies pros and cons. People only need to be vigilant and learn to have the self-control required to enjoy the game and not turn it into addiction. As the online gambling market gains momentum and grows alongside Covid-19, seize the moment and enjoy what life has to offer. Be it apples or online casino chips.
Latest News
Paysafe strengthens US iGaming solution with Pay by Bank launch
New product allows American bettors to log-in directly to their bank accounts at online sportsbooksâ cashiers to fund real-time wagersÂ
Paysafe, a leading payments platform, today launched Pay by Bank for iGaming, a new solution allowing U.S. online bettors to instantly and securely fund deposits at operatorsâ cashiers directly from their online bank account as well as cash-out winnings seamlessly. This product expands the capabilities of Paysafeâs Gateway, the iGaming payments solution that connects U.S. operators to the marketâs most comprehensive range of traditional and alternative payment methods via a single integration.
Building on Paysafeâs 25+ yearsâ history streamlining iGaming payments, the company added Pay by Bank to respond to the growing demand from U.S. players for payment choice. The Gateway already connects operatorsâ cashiers to Paysafe-processed card payments, the Skrill digital wallet, the Paysafecash online cash solution, and third-party payment products. Strengthening operatorsâ player acquisition, Pay by Bank provides their customers with yet another payment option that is particularly appealing to the 27% of bettors who prefer transacting via direct bank transfer, according to Paysafe research.
Leveraging Paysafeâs single-integration Gateway, U.S. online gaming operators can now offer Pay by Bank to their customers, giving first-time users the ability to sync their checking or savings account in just seconds, then fund their player account securely in real-time. For returning bettors, the process is even easier, with Pay by Bank supporting one-click payments from linked accounts.
Winnings can be withdrawn from playersâ sportsbook accounts just as seamlessly, with Pay by Bank enabling rapid payouts directly to linked bank accounts, again initiated through a single click.
For operators, all Pay by Bank transactions are indemnified, reducing liability if a playerâs deposit from their bank account defaults. Along with helping to drive player acquisition by providing more payment choice, Pay by Bankâs other benefits for operators include strengthening customer retention by improving the overall payment experience. According to Paysafe research, transactional speed and financial security are playersâ top-two priorities when it comes to the payment experience.
Zak Cutler, President of Global Gaming at Paysafe, said: âWeâre delighted to unveil our new Pay by Bank product for our iGaming solution, which will almost certainly prove very effective in both converting and retaining players for U.S. operators, with the productâs impressive transactional speed and robust security. Through Pay by Bank, we continue to grow the Paysafe Gateway by providing American operators and their customers with unparalleled payment choices, all through a single integration.â
Paysafe will be showcasing Pay by Bank and the Paysafe Gateway while exhibiting (Booth A270) at the SBC Summit North America in New Jersey from May 7th to 9th, 2024.
Latest News
Fanatics Betting and Gaming Partners with Continent 8 Technologies for Digital Infrastructure
Sports betting and online casino operator leverages companyâs hosting and connectivity solutions across regulated United States states
Fanatics Betting and Gaming utilizes Continent 8 Technologies to deploy a trusted digital infrastructure as it continues its rapid growth across the regulated United States online sports betting and online casino market.
Fanatics Betting and Gaming uses Continent 8 Technologiesâ innovative and reliable digital infrastructure solutions to deliver a seamless player experience in the United States. This includes hosting all of its in-state data centers through AWS Outposts. Continent 8 Technologies is supporting Fanatics Betting and Gaming by managing on-premises infrastructure and services in 20 states across the United States including Michigan, New York, Vermont and West Virginia, to name a few.
Continent 8 Technologies has one of the largest connected networks in the world, spanning over 100 locations across four continents including 30 United States states and counting.
The operator has also signed up for Continent 8 Technologiesâ Gaming Exchange. This is a powerful, private Internet that allows Continent 8 Technologiesâ customers to connect securely via a virtual private network (VPN) across its backbone network. This enables customers to share traffic at the lowest latency, securely and privately.
âWe have worked with Fanatics Betting and Gaming – a top-tier United States operator – from day one of its launch, supporting it as it has grown state-by-state,â the founder and Chief Executive Officer for Continent 8 Technologies, Michael Tobin, said. âFanatics Betting and Gaming is a high-caliber operator that understands the importance of infrastructure in delivering the top-quality player experience it is building its reputation on. Our leading digital infrastructure solutions provide the reliable connectivity operators need to deploy their online sportsbooks and casinos in regulated United States states quickly and compliantly.â
âInfrastructure is the foundation upon which we build our sports betting and casino experience,â the Vice-President of Technology for Fanatics Betting and Gaming, Bob Pascucci, said. âIn Continent 8 Technologies, we have a partner with an unrivaled reputation for supporting its customers, enabling us to continue to drive growth at pace.â
Learn more about Continent 8 Technologiesâ United States connectivity and infrastructure solutions at SBC Summit North America, May 7 to 9 at the Meadowlands Exposition Center, New Jersey, stand A290.
Industry News
Navajo Gaming Honors 186 Team Members for Employee Milestones
This month The Navajo Nation Gaming Enterprise (Navajo Gaming) honored 186 of its total 1200 team members for reaching significant employment milestones including 15, 10, and 5 years of service for the enterprise. The event at Twin Arrows Navajo Casino Resort in Flagstaff, Ariz. showcased the impact and journey of each hard-working team member, with a special highlight for 29 employees who have served for 15 years.
Less than 10 years after Navajo Gaming was created by the Navajo Nation and charged with the mission of creating jobs, increasing revenues, and stimulating incremental economic development within the Navajo Nation, the gaming enterprise created over 7425 direct, indirect and induced jobs with an overall economic output of over a billion dollars.
âNavajo Gaming employs 1200 people, 85 percent of whom are Navajo citizens. The award-winning AAAâs coveted Four Diamond Twin Arrows Casino Resort shares Navajo Culture through architectural nuances and local artists. Each of the property dining eateries feature âNavajo Beef,â and traditional cuisine of the Navajo people, and our invitation to stay, play and relax at one of our four properties or Travel Center is an open welcome to the Navajo Nationâs beautiful scenic transformation,â Matthew Shunkamolah, Interim Chief Executive Officer of Navajo Gaming, said.
Team members recognized for 15 years of services have worked their way up to a wide variety of position within the enterprise from General Manager and Executive Director of Slots, to Director of Security, Food and Beverage Supervisor and Executive Director of Government Affairs.
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