Online Gambling Future Outlook: The Industry by 2030

In recent years, the online gambling industry in the USA has exploded in size and popularity, but did you know that the online gambling future outlook is even more exciting? In this guide, we’ve covered some of the most important changes and predictions expected to shake up the industry in the next ten years.

Before we get too far into our guide to the future of online gambling, we have begun by looking at the current state of the market. We’ve then broken down the expected advancements to hit each sector. We’ve paid particular attention to the online gambling outlook for online casinos and sports betting.

From there, we’ve discussed some current technologies that are either in the pipeline or expected to be implemented as the market expands, such as crypto payments and virtual reality. To round it out, we’ve discussed the states that are looking to expand their online gambling offerings in the near future.

• The Current State of the Market
• Outlook by Sector
• Online Casinos
• Sports Betting
• New Technologies
• Changing Online Gambling Laws

Online Gambling Outlook: The Current State of the US Market

Since the repeal of PASPA in 2018, the USA has seen an unprecedented boom in online gambling. Over half of US states have now legalized some form of sports betting, with most of these permitting remote gaming options. With this in mind, it’s easy to see just how quickly the online gambling sector can develop.

While the advancement of online casinos has been much slower, the last four years have seen the industry grow from only two legal states in 2013 to six. In 2022, roughly $11 billion was generated in revenues through online gambling, with this number set to double within the next three years.

Aside from online casinos and sports betting, over 40 states permit online wagering on daily fantasy sites, seven states offer online lotteries, and most permit online betting on horse races. With so many great options being embraced by US players, it’s clear to see that the outlook for the online gambling industry in the future is bright.

Online Gambling Industry Outlook US by Sector

The two primary sectors that we are concerned with in this guide are online casinos and sports betting. This is because both are set to be revolutionized the most with the introduction of new technologies and laws. Not only do we expect developments in the games and betting options, but also in how players engage with these platforms.

Online Casinos

Currently, most players of online casinos opt to gamble using their mobile devices. For this reason, developers have been somewhat limited by the processing power of these devices when it comes to games. Therefore, as this technology improves, so too do we expect that the gaming options will.

For example, online slots could soon enough have the rich graphics and cinematic effects that can currently only be found in console gaming. This will mean that enhanced bonus features, spins, and payout mechanisms could be utilized to offer a vastly more high-tech and immersive experience.

One of the biggest topics of discussion at the moment is the integration of AI into technologies, and we are certain that online casinos will be no different. Casinos could use this technology to learn user behavior and make overall improvements to their catalogs, and customize platforms to the individual to guide them towards games that suit them better.

It is also likely that live dealer casino games will enjoy a huge surge in popularity, as more users look to find immersive ways to gamble at home or on the go. As we’ve explained in a later section, Virtual Reality or Augmented Reality technology could be integrated into these games beautifully to keep users engaged.

There’s no reason to believe that games won’t be able to be played with voice control as vocal recognition improves. Within the decade, haptic-feedback technology will continue to improve, and players could even feel the cards they are playing in a virtual table game. Of course, website security will also advance with enhanced regulations.

Sports Betting

As the online sports betting market in the US is relatively new, we are still on the horizon of many great advancements in this exciting sector. As the activity continues to grow in popularity, so too will collaborations between major sporting bodies and online betting sites to provide the best experiences.

This will result in improved betting odds and live-streaming capabilities. There has already been talk about implementing more cameras and data chips into sports fields and uniforms. We expect that bettors will have more input to inform their wagers or simply to watch the game as they live bet on them.

It’s only a matter of time before AI is integrated into sportsbook algorithms too, which could see bets suggested with better accuracy. This could also result in personalized promotions and platforms. Some players may use automated betting bots that are either offered by or external to platforms to great effect.

It’s also likely that chatbots will be improved to provide better round-the-clock support and to improve interactions with players. Of course, we’ll continue to see the emergence of eSports as a major betting option as more states continue to legalize wagering on these events.

The online gambling industry outlook US for sports betting will most likely encompass how games are viewed. The use of virtual reality could also be used so that bettors are placed directly on the court and are able to make small bets on micro-occurrences that are too brief to wager on with current technologies.

New Technologies

There are many elements that will affect the online gambling outlook, such as the legalization and regulation of the industry. However, it’s impossible to overlook the importance of technological advancement, as users will be able to do things that were inconceivable before. The following are some major technologies set to change the world of gambling.

Virtual and Augmented Reality

Although this technology has been touted for years, we couldn’t create a guide to the online gambling industry outlook USA without acknowledging this burgeoning sector. Virtual reality systems allow users to wear headsets that transport them into detailed worlds with three-dimensional, 360 degree visuals and graphics.

It’s no major stretch of the imagination to predict that this could be used to put players in the seats of luxurious casino table games such as roulette and blackjack. Many gambling sites, such as the top MI online roulette sites, for example, offer various options and features. You could even use your hands to check your cards, place your bets on the table, or pull the lever of a classic-style slot machine.

Augmented reality is a technology that sees handheld devices’ cameras map your physical world and project interactable items in your space that can be viewed through your screen. This technology could be used for online casino games and sports betting features to better display odds or your bet slip.

The Metaverse

Another technology that utilizes elements of virtual reality and augmented reality is the metaverse. Some experts believe that the metaverse is set to revolutionize the internet by providing an online alternative to our real-world. Through VR, users will be able to navigate digital environments, socialize, engage in commerce, and much more.

It’s likely then that there would be sports arenas and casinos that could be visited with your avatar. Not only would you be able to play casino games, but you could walk around exotic locations and meet others, which could closely replicate the land-based gaming experience.

Cryptocurrency

Although many countries now accept cryptocurrency payments such as Bitcoin and Ethereum, there have yet to be any legal and licensed US gambling sites that permit these payments. However, as crypto hits the mainstream, many sites are considering the introduction of these options. There are several benefits to their use.

For example, crypto payments are much faster and more secure than their traditional counterparts. They are also much more difficult to use fraudulently, which benefits both the operator and users. For those who are privacy conscious, crypto payments also add an extra layer of anonymity to transactions.

Changing Laws in the USA

Much of the points raised in this guide to the online gambling industry outlook US market comes down to how individual states will react to the current laws. There are several states that have currently introduced laws to expand remote casino gambling, such as top sites for online poker in MI, online lotteries, sportsbooks, and more.

It remains unclear how these states will progress, and admittedly, these efforts have proven difficult to pass. That said, we have acknowledged how quickly the tides shifted with sports betting, and we believe that it will only take a few more states to legalize online casinos to prove that the benefits can be huge.

This will then keep momentum moving to broader legalization. In states that have already legalized online gambling, there are still some ways to go in regard to cryptocurrency regulation and the approval of expanded betting options such as exotics and eSports. These are likely to progress quicker than online casino laws.

As technology changes, so too will regulations need to change when it comes to user security, responsible gambling practices, and identity verification. Many of these technologies have yet to be tested with gambling, and lawmakers will be quick to prevent their introduction if they result in higher rates of dangerous behaviors.