A memorandum of opinion from the Department of Justice (DOJ) publicized in January would essentially overturn an earlier DOJ decision from 2011 that has been used as the legal basis for several states to legalize non-sports online gambling and by several state lotteries to offer games online.
Online bookmaker PointsBet made its US debut with the opening of its New Jersey online sportsbook that relies on Global Payments Gaming Solutions to allow players to fund bets and claim winnings via electronic checking.
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The rapid growth of interactive gaming provides a window into the future of our industry. Online sports betting, daily fantasy sports (DFS), online casinos, mobile on-premise gaming, online lottery and other forms of digital betting are already having an Amazon-like impact on the entrenched brick & mortar business model. Younger players, disinterested in traditional casino games like slots, are flocking to iGaming. Operators who are not all-in on interactive at this point risk becoming the gaming equivalent of Toys R Us, Sears or Radio Shack--once important organizations whose businesses failed because their leaders failed to recognize the changing preferences of their own customers.
Success in iGaming will ultimately boil down to a few factors: