Page 2 - Casino news

The winter holidays are here and it's time to say goodbye to 2024. This Christmas, why not have some fun at an online casino and end it with a bang? Not only is it entertaining, but it's a great way to test your luck and head into 2025 on a high note.

In 2019, the commercial gambling market in the US was worth $79.61 billion and in 2021 this record was smashed with $98.1 billion in revenues. Revenue in 2022 is projected to amount to $105.60bn making it the highest-grossing year in the history of legal gambling in America.

You have probably noticed that the online US casino market is growing fast. What you probably don’t know, however, is just how rapidly this is happening. According to the American Gaming Association, online wagering already accounts for 15% of overall gambling revenue, despite being relatively new. This number is likely to increase dramatically over the coming years.

Ever since online gambling was legalized in the US in 2013, the betting scene has exploded, and continues to grow rapidly. Here’s one of my favorite stats. After a COVID-related dip in gambling revenue, New Jersey sports bettors came back strong and wagered nearly a billion dollars in one month (December).

Cryptocurrency (crypto for short) has really taken off as an alternative payment method here in the past few years. Whether you’re an avid investor in crypto, or know next to nothing about the subject, chances are you’ve probably heard about Bitcoin, Ethereum, and maybe even Dogecoin. These cryptocurrencies are especially popular with traders.

One of the open secrets of the casino world is the not often talked about casino house edge. Shuffling at the fringes of every casino game, the dreaded edge is often considered more of an enemy to the player than Lady Luck herself. We’ll unveil the mystery, discuss what the casino house edge is, and give you a few tips on how to avoid getting caught in its net.