The iGaming sector has seen unprecedented growth, contributing significantly to the commercial gaming industry's revenue, which hit a record $17.71 billion in Q3 2024.
Land-based gaming revenue saw a slight decline while online gaming surged, with nearly 38% growth from the previous year, indicating a clear shift in gambling trends.
Online gaming now represents 29% of total U.S. commercial gaming revenue, showcasing swift adaptation amongst players and operators to digital platforms as preferences change.
Online gambling legislation varies greatly by state, creating an inconsistent landscape; while some states embrace it fully, others retain strict bans, resulting in a fragmented market.
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