As more and more casinos are popping up on the Internet, government officials and others are calling for more regulations. Brick-and-mortar casinos are threatened by online gambling platforms. There is the threat of losing customers and profit reductions, as more and more players are turning to online gambling, which offers more benefits compared to land-based casinos. Below, you will discover more information about the big players who are calling for regulated Internet-based gambling in America.

Why Is Legalization Necessary?

Consumers who opt to utilize Internet-based gambling platforms are at a higher risk of fraud than land-based casino customers. Unfortunately, the risk of transferring money online is high enough within itself. Then there is the risk of dealing with a fraudulent online casino. With that said, it is possible to reduce those risks through public awareness. Knowing the risks in advance can definitely help. But, that isn’t always enough, which is why some government officials, the Justice Department, and the federal government is calling for regulated online gambling.

Those Looking To Enter The Online Gambling Markets 

Online gambling markets are a major threat to land-based betting markets. As mentioned above, more and more gamblers are turning to online gambling platforms every day. There is a lack of land-based casinos in rural and suburban areas. The only way the people living in those areas can access a land-based casino is to commute back and forth. Some gamblers have reported driving several hours just to access brick-and-mortar casinos. Why go that route when you can play all of your favorite casino games online at Agen Sbobet and other gambling platforms? Invest your transportation expenses into more gameplay, so you can increase your odds of winning.

Casino brands, such as Caesars and MGM, and companies like ESPN, and Warner Bros are contemplating joining the online betting markets in America.

Legalization Of Online Gambling

In 2016, it was reported that the online casino market was earning between $40 and $50 billion annually or roughly $4 billion monthly. When you consider such a high profit, it is no wonder why more and more American companies and casino brands are looking to enter the online gambling market. With so much money to go around, more companies should consider joining as well.

The legalization of online gambling is a hot topic in the United States at the moment. As of 2017, there were approximately four states where online gambling was legal. Those states include Nevada, Delaware, Pennsylvania, and New Jersey.

Regulated online gambling offers many benefits to consumers and governments. Players can enjoy their favorite casino games online without stepping one foot out of their homes. In the meantime, governments can reap monetary rewards.

Conclusion

As more officials and advocates push for the legalization of online gambling, the number of games and software developments are increasing. Online gambling legalization is a win-win for everyone involved. With that said, it is crucial to conduct thorough research before investing any money in online gambling. With so many offshore companies involved in the process, the risk of consumer fraud is at an all-time high.

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