New evidence shows that online gambling is an increasingly popular form of online gambling, with sites catering to millions of gamblers.
The latest study, by the gaming industry’s lobbying arm, the American Gaming Association (AGA), shows that nearly half of all online gambling sites have no minimum gambling standards.
The average minimum gambling requirements are $250 and up to $1,000.
“Gambling is growing and it’s become a popular activity.
There are so many opportunities for consumers to get their money back and to experience gambling with other people,” said Brian Murphy, AGA president and CEO.
“Online gambling is something that is rapidly gaining popularity and there is an opportunity for people to engage with other gamblers online.”
Murphy added that the majority of online casinos are now offering minimums that range from $5 to $10.
They offer both free and high-stakes online gambling.
The report comes after the U.S. government last month ordered four major online gambling operators to pay millions in back taxes and penalties to the government and regulators.
The U.K. and the Netherlands are also reviewing their own gambling regulations.
The new report says that while the online gambling industry is growing, the regulatory environment in the U-S.
remains hostile and that the industry’s regulatory challenges are growing with the arrival of technology.