2020 was set to be a huge year for the online gambling industry in the United States, and then the coronavirus pandemic hit. Casinos throughout the country were shuttered due to the pandemic, and sportsbooks were without sports to take bets on.
Casinos and sportsbooks are starting to make a return, but the real bounce back is expected in 2021. More and more states have legalized sports wagering over the past few months, and several others are set to join the party.
The trends from the last two years tell us that legal gambling in the United States was set to take off in 2020 and shatter records, and it will be even bigger in 2021. Here are a few predictions of what will happen to the legal gambling scene in the United States.
Over 30 States Will Offer Sports Betting
There are already 20 states in the country that have legalized sports betting, but that number is set to climb throughout the rest of 2020 and into 2021. Several states have been exploring the idea of late, and they will take the plunge in the next 12-15 months.
The coronavirus pandemic not only had a huge impact on legal gambling in 2020, but it could also have a huge impact in the opposite direction in 2021. States need to produce more revenue, and legalizing sports betting is a great way to do that.
By the end of 2021, there will likely be at least 30 states that offer sports betting, and a large proportion of those will launch mobile betting apps. Each state is allowed to create its own legal gambling laws, but sports betting is something that almost all states want.
Online Casino/Online Poker Will Start Getting Legalized
Even though there are at least 20 states that have passed laws to legalize sports betting, states have been slow to legalize US-focused online casinos and online poker. There are just a handful of states that allow these industries, but that will change as we head into 2021.
Mobile or online betting is the preferred choice of gamblers, and states simply cannot afford to lose out on that extra revenue. Several states will have to pass new constitutional amendments to legalize these industries, but lawmakers are already exploring ways to get this done.
Ninety Percent of Sports Bets Will Be Placed Online
The final prediction for the legal gambling scene in 2021 focuses on sports betting again, but this time on the mobile sports aspect. Even though there are close to 20 states that already have sports betting up and running, not all of these states currently offer mobile betting.
New York is one of the biggest examples of this, and the state is losing out on millions of dollars each month. New York residents are traveling to New Jersey to place their bets because New Jersey allows mobile wagering.
Mobile sports betting will account for 90 percent of all sports bets placed in the United States by the end of 2021. Some states are already seeing numbers that are greater than this, and the entire industry will be mostly mobile by the end of next year.