While traditional casinos took a major hit in 2020, the world health crisis seems to have bolstered the online gambling market. In fact, experts are estimating the online gambling market could be worth $127.3 billion by 2027.
However, the health crisis was not the only reason behind this market acceleration online. The updated American legal frameworks are also responsible for the upsurge in the online gaming industry. In May 2018, the U.S. Supreme Court made the decision that sports gambling would not be considered illegal. Since then, American states have been deciding on their own whether they would say “yes” to online betting. With more than a dozen states joining in on the online gambling bandwagon recently, there have been radical changes to the online betting platforms alr
