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How Online Gambling Gained Momentum in the USA Amidst Covid-19

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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 it’s true that online gambling is widespread globally, it doesn’t 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 you’re 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.

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Hacksaw Gaming Scores Again in New Market – Another Exciting Launch with Betsson Group to Fire Up Buenos Aires!

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Hacksaw Gaming Scores Again in New Market - Another Exciting Launch with Betsson Group to Fire Up Buenos Aires!

 

Following a long standing partnership formed in 2021, Hacksaw Gaming and Betsson Group have surpassed some major milestones together. Showcasing our vibrant portfolio of games in markets such as the UK, Croatia, Greece, Italy, Denmark, Estonia and Mexico, our relationship with Betsson is an ever developing one.

Buenos Aires is a vibrant regulated market with significant potential for growth within the digital online gaming community. Players can now enjoy unique and innovative games such as Wanted Dead or a Wild, Le Bandit and R.I.P City for the first time ever, and we can’t wait for them to immerse themselves in the Hacksaw experience.

Impressively, this is our third expansion with Betsson in the last 4 months, having gone live with many fan favourites in both Croatia, Spain and now Buenos Aires. Equally noteworthy, looking at Betsson’s multiple brands Nordicbet, Betsafe, Europebet, Starcasino.IT and Casinoeuro to name a few, it’s not difficult to see why they’re one of the biggest fish in the vast online gaming ocean.

Founded in 1963 and starting off their industry leading operations with just a humble slot machine, Betsson Group is now an industry pioneer with licences in 23 jurisdictions. “We couldn’t be more thrilled to mark another pivotal moment in our partnership with Hacksaw Gaming.” Kevin Saliba – Commercial Director, Business Development went on to say, “This latest launch not only strengthens our bond but also promises to elevate the gaming experience for our players in Buenos Aires, who are in for a treat with Hacksaw’s exceptional portfolio of games.”

Marcus Cordes, Hacksaw Gaming CEO is just as delighted with the growth – “Expanding on what Betsson has stated, we’re elated to extend our game offerings to yet another jurisdiction of their esteemed players. Looking toward the journey ahead, we’re eager to further enrich their gaming experience in the days to come.”

Looking forward we can only imagine the possibilities ahead with Betsson.

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Pragmatic Play Prepares for GAT Cartagena Gaming Week 2024

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Pragmatic Play Prepares for GAT Cartagena Gaming Week 2024

 

Pragmatic Play is set to make another appearance at a Latin American exhibition, at GAT Expo in Cartagena de Indias, Colombia.

Taking place across three days from April 9 to 11, the event sees iGaming professionals gather at the Las Americas Convention Center for the 25th anniversary of the trade show.

GAT Expo Cartagena marks the third summit attended by the provider in Latin America this year, with “Pragmatic Play Experience”, as it keeps making headway and impressing industry delegates from across the region.

The gaming provider will be on stand A31 and A32 to showcase its diverse portfolio, including Slots, Live Casino, Virtual Sports and Bingo content, alongside its new Sportsbook offering.

Pragmatic Play will also be a premium sponsor of the event, emphasising the significance of such industry events and the important role the leading provider plays in them.

Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “Pragmatic Play is thrilled to once again be part of the vibrant Latin American gaming community at GAT Expo Cartegena and is proud to be a premium sponsor of the event.

“With the diverse multi-product portfolio and rapid growth in LatAm, it is set to be an exciting week of iGaming showcases and opportunities.”

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Gambling in the USA

New Trade Association Launches Unprecedented Effort to Strengthen Responsible Online Gaming, Promote Best Practices

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New Trade Association Launches Unprecedented Effort to Strengthen Responsible Online Gaming, Promote Best Practices

 

The Responsible Online Gaming Association (ROGA), an independent trade association launched by seven of the largest U.S. legal mobile gaming companies, will actively promote a new industry-wide best practices charter, overseen by one of the world’s foremost experts in the field of responsible gaming (RG).

This unprecedented effort will be led by Dr. Jennifer Shatley, a deeply respected responsible gaming executive with more than 25 years of experience in the industry. She will serve as ROGA’s full-time Executive Director, and her role will be to facilitate widespread education to all relevant parties on the subject of responsible gaming.

ROGA will embark on a series of initiatives under Dr. Shatley’s direction. These include research, consumer and industry responsible gaming education and awareness, promoting responsible gaming best practices, an independent data clearinghouse, and an independent certification program.

Demonstrating their commitment to this endeavor, initial member companies – who together represent more than 85% of the legalized online sports betting and iGaming industry – have pledged more than $20 million in support of ROGA’s mission in year one. ROGA’s member companies include BetMGM, bet365, DraftKings, Fanatics Betting and Gaming, FanDuel, Hard Rock Digital, and PENN Entertainment.

“I am humbled, honored, and excited to be selected to lead ROGA during this important period of growth in legalized mobile gaming. Many of America’s largest legal mobile gaming operators will be establishing a framework that helps to aid in responsible gaming education and awareness. Together, our members will work alongside researchers, experts, regulators and stakeholders to promote responsible online gaming and maximize our efforts to support additional responsible gaming education and awareness. By coming together with a clear set of objectives, ROGA and our members will work to enhance consumer protections and help provide easier and more efficient access to responsible gaming tools for consumers to enjoy the entertainment of online gaming,” said Dr. Shatley.

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