BUSINESS

British analysts predict swing in American online gambling laws

TAGs: british, Online Gambling, U.S.

British-analysts-predict-swing-in-American-online-gambling-lawsMichael Campbell, a noted online gambling analyst working with British brokering firm Daniel Stewart, claims that recent shifts in the American market has brought increasing pressure on lawmakers from powerful international gaming corporations. This pressure is what lead to the recent rash of pro-gaming legislation that has been put forth over the past year.

Now that buck has all but officially been passed from a national decision to a state one, and Campbell believes this progress could lead to a wider acceptance of the online gambling community at large.

The gambling market in the U.S. is estimated to produce about $90 billion, while the global online gambling market in its entirety is only worth an estimated $30 billion. Campbell claims that a country-wide adoption of iGaming legislation could add an additional $7 billion to that total.

 

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