Businesses are rapidly transitioning into new and improved landscapes with the introduction of cutting-edge technology, and the gaming and entertainment industry is no exception.
The proactive adaptiveness of online gambling in the integration of modern technology proves why it’s still one of the most successful money-making platforms globally.
Since the 1940s, gambling has been one of the most lucrative industries in the US, continuously developing to surpass the vast requirements of its ever-growing customer base. And with the recent advent of high-end gaming devices and super-fast broadband, experiencing the thrill of exploring a casino has become easier than ever.
However, according to the website online-gambling.com, online gambling in the USA was partially illegalized since the Unlawful Internet Gambling Enforcement Act in 2006.
That said, let’s take a more in-depth look at the rollercoaster status of the online gambling landscape in the USA.
The Rollercoaster Status
Online gambling has to be one of the very few industries to be banned across various US states. The UIGEA Act had prohibited monetary transactions via unauthorized websites, which severely affected the industry. Consequently, multiple companies went the extra mile and abandoned the US market to recoup the losses.
However, a discriminating 1992 Federal law that banned sports betting was overturned to rectify the underlying violation of rights, in 2018. Since then, the online gambling industry has only focused on transforming into a consistently developing landscape.
The Digital Transformation
The robust expansion of this industry across the United States has been made possible due to the emerging culture of online gambling websites. Thanks to the rapidly evolving technology, all you’d need now to explore a fully-functional casino is a PC/mobile and a stable broadband connection.
Like other entertainment mediums, it becomes easier to play these games on smart devices such as PCs and mobile phones as it’s entirely reliant on calculations. There’s no need for redundant data to be shared between the user and the gaming application because your probability of winning revolves around the mere element of chance.
One of the best parts here is how this controversial game has finally been reaching broader demographics. Gambling fanatics and regular pastime gamers across the globe are brought together on this online platform. You can also compete against your family and friends for a fun-filled experience.
Be it traditional brick-and-mortar businesses or online sites; you’ll always find frauds rooting for financial gain by crook. And as we’ve learned, one of the most significant motives that brought the UIGEA Act into effect was the lack of security in financial transactions being made via gambling.
This step has led to the implementation of robust security protocols to protect the user’s data from being violated. Nowadays, the government has mandated that online gambling sites be licensed and regulated by various authorities for optimal safety. Not only that, but fair gameplay is practiced via Random Number Generator software so that the users aren’t victimized by corporate bias.
As online gaming continues to surpass the old-fashioned offline games in popularity, websites have spared no effort to introduce a robust variety to attract more players. Be it skill-based games or entry-level casino fun, the versatility that the new online gambling sites offer is beyond comparison.
Whenever a player logs in to gamble, they’re offered a whole new and seamless experience that keeps them entertained and committed to playing. Also, the sites are becoming more comfortable to use, simplifying traditional gambling’s complexities to reach a much wider audience.
Possibly the most significant driving force behind this incredible transformation of the online gambling landscape is the freedom of marketing. Historically, the mafia’s alleged involvement with the casinos made it difficult to promote these games among the masses.
However, the introduction of numerous media outlets has changed the game forever, thanks to the freedom that comes with it. Finally, online gambling companies aren’t restricted from marketing and can now connect to a broader customer base.
The online gambling landscape has undergone numerous ups and downs that resulted in its massive growth and expansion.
Technology has been serving as the light at the end of the tunnel, through which these games can reach a wider audience. Who knows, maybe someday, the idea of introducing VR and AI to amplify the online gambling experience wouldn’t seem too far-fetched either.
Till next time, folks!