Upcoming US Online Casino Trends in 2023
Online gambling in the US has seen some tremendous developments in the past years. Up to now, casino sites are completely legal in six states: New Jersey, Michigan, Pennsylvania, Delaware, Connecticut, and West Virginia. Players can find an abundance of possibilities to play casino games on their laptops, computers, and smartphones.
Casino business owners are advised to keep up with the latest trends - innovation will define the winners of this years’ gaming business ventures.
The online casino market in the US shows an incline towards a few main trends, which will dominate the market in the near future:
Cryptocurrency Casinos Continue to Expand
Cryptocurrencies have seen a lot of ups and downs in the past years. The latest, most notable event of the crypto world was the FTX international exchange collapse. The event has drawn fear among the virtual currency community, but, like any major event in the crypto world, it passed. At this point in time, the crypto market is a bit more stable, and players continue to use their e-wallets to make and receive payments in online casinos.
Players who have already adopted cryptocurrencies are unlikely to return to traditional payment methods. The anonymity of crypto payments is a major advantage of crypto casinos, and those who are already accustomed to them are here to stay. More than that, the swiftness of transactions – it only takes minutes to make withdrawals – is an unbeatable advantage of virtual currencies in the internet casino world.
As for the US, cryptocurrencies are being accepted at more and more online casinos. The odds are an increasing number of casinos in the states will accept cryptos as payment methods.
Sweepstakes Casinos on the Rise
Sweepstakes casinos are a great option for operators who want to start an online gambling business in the US. Sweepstakes don’t use real money and they are not classified as games of luck or skill – the winnings are not dependent on players’ skills nor programmed rewards.
Players who participate in sweepstakes may or may not win predefined prizes for each sweepstake session, without the guarantee of a payout. Each game is considered a short sweepstakes competition, and at the end of each competition, players who have winning tickets are rewarded.
Since sweepstakes casinos do not fall under the regulatory framework of online or land-based casinos, they are permitted in every state, except for Washington. There, it is clearly stated that sweepstakes casinos are not permitted.
Our team at CasinoWebScripts provides a wide range of casino games that can be used for a sweepstakes casino: slots, video poker, roulette, blackjack, classic poker and many more. You can find out more about how to open a sweepstakes casino on our website.
Sweepstakes casinos are a great option for players in the US who want to enjoy casino games online safely. Until the regulatory landscape expands in the United States, sweepstakes casinos will remain a great option for operators who want to run a gambling business in the US.
Casinos in the Metaverse Popularity Increasing
The concept of the metaverse is still relatively new. At this point, there are only a few online casinos that can be accessed in the virtual world of the metaverse. But how do casinos in the metaverse work and what makes them interesting?
The metaverse is a virtual space where you can create an avatar of yourself and immerse yourself in a virtual world. Basically, this world contains everything that our normal world does: shops, parks, streets, people, and entertainment venues such as casinos. With your avatar, you can walk inside a virtual casino building and play poker, roulette, slots and other games, alone or with your friends who created avatars themselves. You can even purchase land and build your own casino.
An important aspect to state about metaverse casinos is that they are built and run using blockchain technology. Like so, players need to own cryptocurrency wallets to make and receive payments in metaverse online casinos.
When it comes to regulatory considerations, casinos in the metaverse are not shielded from real life legal restrictions. The virtual gambling activities in the metaverse are still considered wagering activities – a game that includes the elements of consideration, chance and prize.
The metaverse currently lacks a dedicated regulatory framework, so it is, somehow, in a grey area. The industry is still absorbing this new trend, but forward-thinking gaming companies are preparing to enter this world more intensively in the years to come, when it will become easier to navigate the regulatory landscape.
Live Dealer Games – Great Alternative to Land-Based Casinos
Live dealer games have seen an increase in popularity in the last years, especially during the pandemic. They are a great alternative for players who are looking for the brick-and-mortar casino experience, but who prefer to play from the comfort of their own homes. Some players have the idea that live dealers can be trusted more than a random number generator (RNG) used in games such as online slots.
Playing live games without having to show up in a real casino is very advantageous to both newbie and more seasoned players. Beginners get the chance to learn how to play the most popular live casino games, without having to sit at a table with the more experienced players and feel insecure about it. Experienced players no longer have to wait for a seat at a table, and since live dealers are available 24 hours a day, they can access it anywhere and anytime.
Some of the most well-known live dealer casino games in the US include roulette, blackjack, baccarat or poker – a large selection for every player’s taste and preferences.
Future is Bright for Mobile Casinos
Smartphone ownership in the US has reached a whopping increase in the last years. Mobile phones are present in 85% of households in the states as of 2022. As a result, digital casino technology has found its way into the smartphones of online casino enthusiasts, with tons of options now available.
Online casino development companies are constantly working on updating their software and games to fit the requirements of players. People expect to see new game stories, designs, special game features and great bonuses and promotions at mobile casinos. The top advantage of a mobile casino remains the variety of games that players can choose from. While a land-based casino offers limited options, a mobile gaming website hosts hundreds or thousands of games that players can choose from.
More than that, 5G internet offers seamless gaming experiences, without screen freezes or glitches during the gaming session. With this new technology paving the way, mobile casinos have the means to reach a broader audience than ever before.
Operators who want to open an online casino in the US in 2023 have plenty of opportunities to run a thriving business. Players are constantly looking for innovative developments, even though some of the old-fashioned casino solutions never go out of style. From starting a sweepstakes casino to entering the metaverse world, there is something available for any player - newbie or expert.
BY CASINOWEBSCRIPTS PUBLISHED 4 January 2023