Top 5 Emerging Online Casino Markets in 2020
With so many emerging economies, it’s not surprising that some of them are opening up new markets for online casinos. With new customers means more demand for online casinos and better growth for the industry.
There is an upswing in the number of casinos accepting Canadians these days compared to five years ago. Surprisingly, the country’s gambling laws have barely changed since 1982, when gambling was banned on immorality grounds.
So, what’s happening? The same laws that banned gambling in most parts of Canada didn’t disallow people from playing in offshore casinos. And that means you create an account and play slots or black at a Malta or Britain based gambling website without breaking Canadian laws.
What’s more, Canada doesn’t tax gambling wins. So, whether you win $10 or $10 million, you’ll keep the entire amount. As proof, several Canadians have won at least $1 million each, and the government has questioned none of them.
The USA might have a city built on gambling money, but it has always had restrictive online gambling laws. For fairness, the Federal government has made it clear that states could legalize online casinos since 2011.
However, it was only recently that states like New Jersey, Delaware, and California began to create progressive online gambling laws. Since May 2018, the state of New Jersey has licensed over 25 iGaming operators.
Delaware also supports all forms of online gambling. But in California, Nevada and many other states, online gambling is limited to sports betting, lotteries, or online poker.
Fortunately, more and more states are creating laws to legalize online casinos. Here are some of them:
- New York
- West Virginia
- Rhode Island
South Africa has gambling laws similar to those in the USA. Casinos acquire licenses from provincial boards and not the national government. Concerning online gambling, the country neither allows nor prohibits online casinos.
That means South Africans can create accounts and play on offshore gambling websites without breaking their country’s laws. It also means they can enjoy all the benefits of joining a world-class online casino, including free spins and VIP bonuses.
In case you are wondering, here is a review of the best free spins casinos. They have valid licensed, welcome South Africans, and have more rewards for loyal customers. Some of them also have VIP welcome packages up to R12 000.
New Zealand’s Gambling Act of 2003 prohibits opening a casino or participating in one. But similar to South Africa, it does not address online gambling. It also doesn’t ban its citizens from playing casino games at offshore iGaming platforms.
And guess what that means? The Kiwi nation is one of the places new online casinos keep visiting to find new customers. And sure enough, thousands of New Zealanders play slots and table games without interference from their government.
In fact, New Zealand is home to one of the biggest online casinos winners ever. In 2017, a man named Rawiri Pou won NZ $10 million in 2017. And although a government official doubted the win, he was allowed to celebrate his victory.
Africa’s biggest economy has been turning casino heads lately with its growing number of casino players. It doesn’t matter that the Nigerian government is yet to introduce progressive online casino laws.
Nigerians are flocking the Internet to find online casinos left, right, and center. Legally, the country doesn’t prohibit online gambling. So, the tens of thousands of Nigerians continually looking for excellent iGaming platforms are doing so legally.
Fortunately, there are plenty of online casinos for Nigerians, including some internationally well-known operators.
Where will Online Gambling be 20 Years from Now?
The online gambling market is growing rapidly and turning heads on Wall Street, Silicon Valley…
An Abridged History of Online Casinos
As our readers will know, modern online casinos are immense in both their offerings and…
Regulations in the UK Casino Industry 2020
For a long time, British lawmakers never made any changes to the Gambling Act of…
Mobile Casino Apps in Japan
The mobile technology revolution has changed virtually every aspect of modern life in Japan. More…
Are Japanese Online Casinos the Next Big Thing?
Did you know that Japan was one of the first countries where gaming was born?…
Six Tips for Spotting the Best Online Casino Sites in the USA
Credit: benzinga.com If you're like many casino players in the US, you've asked this question:…