NEW YORK: 2020 was a huge year for online gaming legalization, and nowhere is this more true than in the United States.

Ballot initiatives from the November presidential election added new states to the growing list of US states that allow online casino betting, adding billions of dollars to the potential size of the US online gaming industry.

The election of Joe Biden was also good news for the industry, as the President-Elect has signaled support for opening up the online gambling industry and reducing federal restrictions.

More legal breakthroughs are expected in 2021 and this has been a huge momentum driver in the online gaming industry. Companies like Bragg Gaming Group (TSXV:BRAG) (OTCQX:BRGGF), Wynn Resorts (NASDAQ:WYNN), MGM Resorts International (NYSE:MGM), Flutter Entertainment (OTCPK:PDYPF), and Caesars Entertainment (NASDAQ:CZR) are seeing new opportunities in the US market that could mean big things in 2021 and beyond.

Bragg Gaming Group Expands into US Via Partnerships

The US online gaming market is expanding just as Canadian gaming technology company Bragg Gaming Group (TSXV:BRAG) (OTC:BRGGF) is accelerating its strategic expansion into new markets. Through partnerships with leading online casino operators all over the world, Bragg is expanding its online footprint into major gaming markets in Europe, North America, and elsewhere. Bragg first stepped into the United States market in 2019 when the company partnered with New York-based online casino operator Seneca Gaming. New states opening to online gambling in the United States means more online casino operators moving into these markets and new opportunities for companies like Bragg Gaming Group.

We've made extraordinary progress in 2020 and are very pleased with the substantial revenue and EBITDA growth that we've delivered, Bragg Interim CEO Adam Arviv said in a recent release. We continue to expand globally, enhancing our content portfolio and technology offering, and securing new customers across key geographies.

Bragg Gaming Group is an industry-leading provider of turnkey B2B solutions for online casino operators. Through its ORYX Gaming subsidiary, the company provides licensed operators with sportsbook, lottery, marketing, and operational services all in one omni-channel retail, online, and mobile iGaming platform.

Online Gambling Legalization Creates New Opportunities For Players to Bet on New Platforms

Liked This Article? Be The First To Share it!

Class

Send