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Those laws could change. The New York-based financial services institution Morgan Stanley estimates that online gambling in the United States will generate $2.7 billion in revenue by 2020. Morgan Stanley believes 15 US states will legalize online casinos and poker sites by that time. The number is down from previous estimates but shows the financiers still believe American gambling is headed in an upward direction.
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The amounts vary by operator and change from month to month. But the average for the first year was for poker and casino combined to generate about $10-$12 million per month in revenue total across all of the state’s regulated online casinos.
T&C Apply What is gambling? It’s a new question with an old-aged answer. The creation of daily fantasy sports necessitates a change in our country’s legal definition of gambling.
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