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How Online Gambling Gained Momentum in the USA Amidst Covid-19

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With the lingering Covid-19 pandemic and ongoing quarantine, people constantly get bored at home; hence they frequently turn to online sites, games, and platforms. The recent lockdown(s) led to the closure of Lottery Stalls, Gambling Lounges, Bingo Halls, and Casinos. The gambling industry transitioned from offline to online gaming and gambling at the comfort of your home.

One can distinguish online gambling by getting involved in betting in casinos or sports over the internet. People referred to this as Internet Gambling or e-gambling. Usually, you use credit cards to place the stake, and you can enjoy wins or losses thereby. And with the current popularity of online gambling, a must-do is to find a safe and reliable online gaming site like CasinoVibez.

Online Gambling Facts And Statistics

Statistics say that in 2020, the online gambling market in the USA was at an estimated value of USD 1,978.57 million and projected to register a 17.32% in a 5-year CAGR. And the online gambling industry statistics show that the Covid-19 lockdowns of 2020 put many bettors at the risk of consuming either more time or money venturing online.

Here are some current facts about online gambling in the US:

About 96% of online bettors find it convenient to play at home, and 64% consume more time and wealth gambling online. More than 10 million Americans have a gambling addiction, and 85% of Americans divulged to having gambled at least once in their lifetime.

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Looking at the online gambling data, more than half of the online gamblers in the USA are female, and they are 31% more at risk of developing problems due to online casino gambling.

And while it’s true that online gambling is widespread globally, it doesn’t inevitably mean that all of it is legal. In America, 16 out of 50 states are not even intending on approving a bill, the illegal gambling statistics show. Some of these states include Texas, Wyoming, Washington, and Utah, to name a few.

Why Online Gambling Became The New Normal

The aptitude of placing a stake or taking part in a card game from the solace of one’s home appeals to many patrons worldwide. As a result, the international online gambling market scope reached almost 59 billion USD in 2019, and they foresaw its further growth. And with casinos and gambling halls closed because of the pandemic, the investors and owners found another way to revive the industry in the form of online gambling games and online gambling sites. Now, you don’t have to travel to Las Vegas to experience gambling at its best.

Whether you’re in bed or out on your patio drinking coffee, you can relive the feeling of being there in the safety of your home. Just like wearing face masks and the 6-feet-away rule, online gambling is one of the new normals that we have to encounter.

Top 5 Popular Online Casino Games That Boosted Online Gambling

From face-to-face gaming to online gaming, these games played a big part in boosting the online gambling industry. You could check below some of the most famous and best casino games that you could try.

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Slots

One of the oldest and considerably famous gambling games to play, online slots will provide you with hours of leisure and allow you to earn real cash on one of the many generated jackpots available. Online slots are also one of the simplest games to play, so it’s a crowd favorite.

Roulette

The game Roulette is one of the oldest and most common casino table games out there. When playing, you have to spin the wheel and see if your number comes up. There are three traditional types to choose from; American, European, or French roulette.

Blackjack

Also known as 21, it is undoubtedly one of the most popular classic games of skill. This hugely famous card game is an online favorite and is available in many variants that will keep you occupied for months and months.

Video Poker

Poker is another of those top-rated gambling games accessible online. Video Poker is a game based on the five-card draw poker where you play by betting coins in hopes of building the most substantial possible hand. Winning will add money to your bankroll.

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Keno

Keno is simple to understand and quick to play. It’s a lottery-style game that has become a favorite at online casinos everywhere. Like the lottery, this is a game of chance, and the outcome is entirely random. So if you’re interested in bingo or lottery-style games, be sure to check this out.

Online Gambling Reminders

Online gambling has a significant impact on the world as we know it today. The upgraded gambling industry accompanies pros and cons. People only need to be vigilant and learn to have the self-control required to enjoy the game and not turn it into addiction. As the online gambling market gains momentum and grows alongside Covid-19, seize the moment and enjoy what life has to offer. Be it apples or online casino chips.

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British Columbia Lottery Corporation

SCCG Management Signs Contract with British Columbia Lottery Corporation

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SCCG Management has signed a contract with the British Columbia Lottery Corporation (BCLC), the B.C. Crown corporation which conducts and manages commercial gambling in the province, including lotteries, casinos, and online gaming. This partnership aims to undertake a comprehensive assessment and strategic enhancement of BCLC’s diverse operations.

The work between SCCG and BCLC will involve a thorough review of technological infrastructures, strategic market positioning, and the integration of various gaming modalities. SCCG’s extensive expertise will be pivotal in harmonizing BCLC’s online and physical gaming experiences.

Stephen Crystal, Founder and CEO of SCCG Management, said: “Our collaboration with BCLC represents a remarkable opportunity to push the boundaries of innovation within the gaming industry. We are committed to deploying our resources and expertise to enhance BCLC’s operational efficiencies and customer engagement strategies. It’s an honor to partner with an organization that has a robust impact on the community through its support of public initiatives.”

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AGCO

AGCO Requires Ontario Gaming Operators to Stop Offering WBA Bets Due to Integrity Concerns

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The Alcohol and Gaming Commission of Ontario (AGCO) has mandated all Ontario-registered sportsbook operators to halt offering and accepting wagers on World Boxing Association (WBA) events immediately. This measure is being taken to protect the Ontario betting public following concerns that WBA-sanctioned boxing matches are not adequately being safeguarded against match-fixing and insider betting.

Since December 2023, the AGCO has been conducting a comprehensive review of suspicious wagering activity on a WBA-sanctioned title fight between Yoenis Tellez and Livan Navarro that was held in Orlando, Florida. Suspicious betting patterns on the bout lasting over 5.5 rounds were reported to the AGCO by two registered independent integrity monitors and detected in Ontario by a registered igaming operator. Media reports also alleged that Tellez’s Manager placed $110,000 on the match lasting longer than 5.5 rounds at a Florida casino. The bout ended with Tellez knocking out Navarro in the 10th round.

Following an intensive review that included outreach to the WBA, Ontario-registered gaming operators, independent integrity monitors, and regulators in other jurisdictions, the AGCO has concluded that bets related to WBA events do not currently meet the Registrar’s Standards for Internet Gaming.

The AGCO requires all Ontario-registered gaming operators to ensure the sport betting products they offer are on events that are effectively supervised by a sport governing body. At a minimum, the sport governing body must have and enforce codes of conduct that prohibit betting by insiders.

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Registered gaming operators were unable to demonstrate to the AGCO that the WBA prohibits betting from insiders, which could include an athlete’s coaches, managers, handlers, athletic trainers, medical professionals, or others with access to non-public information. Further, registered gaming operators were unable to demonstrate that the WBA took any action to investigate or enforce the allegations of potential match-fixing and insider wagering.

The AGCO has indicated to registered operators that in order for WBA betting products to be reinstated in Ontario, operators must demonstrate that the WBA effectively supervises its events, thus bringing them into compliance with the Registrar’s Standards. In December 2022, the AGCO required gaming operators to stop offering bets on UFC events for similar issues related to insider betting safeguards. Within a month, UFC amended its policies and implemented new protocols that allowed the AGCO to reinstate betting on UFC events in the province.

“Ontarians who wish to bet on sporting events need to be confident that those events are fairly run, and that clear integrity safeguards are in place and enforced by an effective sport governing body. Knowing the popularity of boxing in Ontario, we look forward to reinstating betting on WBA events once appropriate safeguards against possible match-fixing and insider betting have been confirmed,” Dr. Karin Schnarr, Registrar and CEO of AGCO, said.

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Andrew Cochrane Chief Business Officer of GiG

GiG increases Ontario market presence, powering the launch of Casino Time

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Gaming Innovation Group Inc. (GiG), has announced the launch of Casino Time, powered by its award winning iGaming platform and pioneering real-time rules engine LogicX, with revolutionary sportsbook, SportX soon to follow, to further extend its footprint in the regulated Canadian province of Ontario.

The launch of Casino Time carries extra significance, marking only the second time that on-demand, regulated online Bingo has been made available in Ontario. The new Bingo product vertical, launched alongside a strong Casino offering, will be boosted by GiG’s new sportsbook, SportX, as part of a planned release later this year.

GiG has focused its solutions on driving exponential growth in revenue for operators with its highly scalable iGaming platform, offering localised third party content and leading suppliers for the Ontarian market. GiGs peerless gamification layer creates an optimised and immersive casino experience tailored to regional preferences, swelling client retention and player engagement.

Canadian owned and operated, Casino Time is a joint venture amongst leading retail operators in Ontario’s Charitable Gaming sector, delivering Bingo, Slots and Live Dealer Casino Games. Promising a personalised service and community experience, Casino Time is continuing its long-standing partnership with local charities, introducing its joint fundraising model into the iGaming space for the first time.

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Now coming towards the end of its second year of licensed operations, Ontario has emerged as one of the largest iGaming markets in North America, second only to New Jersey according to data supplied by Vixio. The first and as yet only Canadian province to launch a regulated market, Ontario boasts more than 1.6 million active player accounts spread over 40 plus operators, generating €1.3 billion in Gross Gaming Revenue (GGR) in its first year of trading, with this data supplied by iGaming Ontario.

Andrew Cochrane, Chief Business Officer of GiG, said: GiG continues to set the pace with a strong cadence of brand launches in 2024, and I’m pleased that when operators are seeking platform solutions in regulated markets, GiG is leading the pack. Our partnership with Casino Time, will help deliver something new and exciting to the Ontarian market, and further helps to demonstrate the flexibility of our solutions, adapting to match the regional aspirations of our partners to deliver growth.

D’Arcy Stuart, CEO of Casino Time, said: “We are thrilled to partner with GiG as the core technology provider of our iGaming platform. Their powerful suite of player engagement tools, as well as diverse content and regulatory integrations, underpin our ability to serve and delight our player community. Our hybrid online and offline customer network, as well as unique bingo offerings, will drive exciting opportunities as the platform and the marketplace continues to grow.”

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