Montreal, Canada --News Direct-- BetBeard
In those states where iCasino is allowed, there¡¯s plenty of money to be made. But building such an entity as an operator is far more involved than simply buying a web domain and declaring ¡°open for business.¡± There are laws, regulations, marketing agreements, vendors, suppliers, compliance offers ¡ª all of which have to be on the same page just to open the virtual doors to your gaming paradise, let alone turn a profit.
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A 2018 U.S. Supreme Court ruling in a case brought by New Jersey cleared the way for all 50 states to offer legal sports betting should they choose to do so. With that rapid expansion came an expectation in some quarters that internet gambling would almost automatically grow at a similarly rapid pace.
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But panelists at the conference predicted three or four additional states could soon adopt internet gambling, including Indiana, Illinois, Iowa and New York.