The UK Government has agreed to allow online gambling sites to operate in the country.
The Government has been negotiating with the US to set up a US online gambling platform which would allow UK users to bet on the sports of rugby union, cricket, rugby league, football and rugby union.
The deal is part of a wider partnership with the Federal Government to bring online gambling to Britain, which will see UK gamblers who want to gamble on any of these sports pay a flat fee to play the games.
The launch date for the US site was set to be announced at a press conference on Friday.
“We are delighted to announce today that the Government is committed to opening a new US online casino in 2018,” Minister for Tourism and Sport David Mundell said.
“It is a massive step forward for the UK, and we will see the benefits roll out to thousands of people across the country over the coming years.”
“We will continue to work with the Government to ensure this site can grow and thrive, and to support UK gamifiers and the many small businesses that will use it,” Mr Mundell added.
The US site will have the ability to offer up to a £1,000 bet on rugby union and £10,000 on rugby league.
The British Government had previously been pushing the US for a similar deal, with the Secretary of State for Culture, Media and Sport Peter Weir also saying the UK was open to the US offering a similar arrangement to help British citizens in the US.
The move will bring the UK to a level playing field with the United States in the online gambling market.