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Is the iGaming Industry Still Experiencing Growth Globally in 2022?
The iGaming industry has been one of the fastest growing industries on the planet in recent years. Come the end of 2023, the iGaming industry is estimated to be worth over $90 billion globally, which is incredible. With online slots, sports betting, casino table games, card games, and eSports betting just some of the iGaming categories continuing to excel, we look at some of the reasons why the iGaming industry is still experiencing growth globally.
iGaming Legalized in New Regions
For some people around the world, such as those living in the United Kingdom, licensed and regulated iGaming has been available for many years. However, that was not the case for millions of people in other countries, who experienced legalized iGaming for the first time in 2022. States in the US are continuing to legalize iGaming and we saw new states added to the list of legal iGaming in 2022. The iGaming industry continued to expand throughout Europe in 2022, with Germany and the Netherlands introducing new legislation to regulate iGaming in the two countries. Progress has also been made in India and regulated iGaming is spreading across the globe. With so many new people introduced to regulated iGaming in 2022, it is easy to understand why the industry is still experiencing growth.
New iGaming Websites
A good sign of a growing market is when new companies are formed and enter the industry. If we look at the 2022 online casino industry as an example, over 20 new licensed online casinos were introduced in Europe alone throughout 2022. If the iGaming industry were going backwards, we would not see so many new iGaming companies entering the industry and it is a strong sign the iGaming industry is still experiencing growth in 2022. Using the online casino site MrCasinova, you can see for yourself how many online casinos are now available in Canada. This number continues to increase and 2022 has certainly been a good year for the Canadian iGaming industry.
Technology
With the latest technology, it would not be possible to enjoy the iGaming opportunities we have today. As mobile phones continue to improve in terms of screen resolution, sound, and processing power, the iGaming industry can push the boundaries of what we thought possible from online gambling. Faster and more reliable internet connections mean we can enjoy playing live casino games without worrying about losing the connection. The fast frame rate of mobile phone screens means you can play the latest online slots smoothly. Mobile iGaming is hugely popular and has continued to grow in 2022 thanks to the quality of the latest handsets. Virtual reality headsets are becoming more affordable and easier to use. Using a virtual reality headset when iGaming enhances the experience and has led to the introduction of new iGaming experiences, such as walking around a casino while sat in the comfort of your own home.
All the latest technological innovations, combined with new regions regulating iGaming and new iGaming companies means the industry has continued to experience growth in 2022.
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Gambling in the USA
Clark County residents can bring a friend for free to next week’s Super Bingo $160,000 tournament at the Plaza Hotel & Casino, May 6-8
Home to downtown Las Vegas’ only bingo room, the Plaza Hotel & Casino is offering Clark County, Nevada residents who register to play in next week’s Super Bingo tournament the opportunity to bring a friend for free.
Happening Monday, May 6 through Wednesday, May 8 in the Plaza’s expansive ballroom, Super Bingo is expected to draw nearly 1,000 people from the local Las Vegas valley and across the country and Canada for the opportunity to win big playing fun-filled games of bingo over two days, with a $50,000 super coverall both days while socializing with like-minded bingo players.
Bingo-only registration is $160 per person, and Clark County residents who register can bring a friend for free. Registration is available online at https://www.plazahotelcasino.com/bingo/super-bingo-registration/. Hotel-and-bingo packages start at $300 for a four-night stay with no resort fee.
All Super Bingo players receive one 6-on paper pack for both days, two daubers, free drinks via an open bar at all sessions, boxed lunch both days, and $10 in free slot play after the first day’s session.
The Plaza’s Bingo room offers six daily bingo sessions at 11 a.m., 1 p.m., 3 p.m., 5 p.m., 7 p.m. and 9 p.m. and is located on the 3rd floor. By parking on the third floor of the Plaza’s self-parking garage, guests have convenient and direct access to the Plaza’s bingo room and parking is validated for bingo players.
Gambling in the USA
Kambi Group plc extends Mohegan partnership with on-property sports betting agreement in Pennsylvania
Kambi Group plc (“Kambi”), the world’s trusted sports betting partner, has agreed a long-term on-property sportsbook partnership with Mohegan to provide its award-winning sportsbook at two retail locations in the state of Pennsylvania.
The partnership will see Mohegan utilise Kambi’s cutting-edge retail sportsbook offering across more than 20 kiosks in sportsbook locations at Mohegan Pennsylvania and Mohegan Pennsylvania at Lehigh Valley Race and Sportsbook.
The deal further strengthens Kambi’s relationship with Mohegan, which already utilises Kambi’s suite of sports betting products at ilani in Washington, as well as online and on-property in the Canadian province of Ontario at Fallsview Casino Resort and Casino Niagara.
Kristian Nylén, Kambi CEO and Co-founder, said: “With several successful partnerships with Mohegan already in place, we are pleased to agree this new partnership as we continue to build on our strong relationship.
“This latest deal further reinforces Kambi’s position as the sportsbook provider of choice for tribes across North America, and we look forward to our ongoing collaboration with Mohegan.”
Tony Carlucci, President & GM of Mohegan Pennsylvania, said: “Mohegan Pennsylvania is excited to continue utilising the same Kambi technology platform that existed under our Kindred partnership, which will help to create a seamless process as the Sportsbook at Mohegan Pennsylvania fully rebrands later this Spring.”
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