US iOS Social Casinos Close In On $1 Billion Annual Revenue
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Revenues for social and real-money online casino games are rising in the US. The increase in social casino play may be due to increased online play by Americans working from home during the pandemic or to an increase of interest in online gambling.
US social casino revenue closes in on $1 billion. American iOS users spent a record $990 million in social casinos from Q3 2020 to Q2 2021. During that time period, social games lost about 1% of iOS app market share.
casino games. Online Poker Report detailed in May 2014 that the US iGaming market used to favor social casino.
US iOS Social Casinos Close In On $1 billion Annual Revenue.
US iOS Social Casinos Close In On $1 billion Annual Revenue. Social casino games are allowed where online casinos can't go.
US iOS Social Casinos Close In On $1 billion Annual Revenue. In the US, schools and businesses were closed and Americans were studying and working from home beginning in March 2020. At that time, legal iGaming apps were taking bets in Delaware, New Jersey, Nevada and Pennsylvania. Since then, three more states launched legal online casino marketplaces.
Social distancing measures paved the way for social casino games to rise in popularity. In the US, almost 1,000 casinos had to close their doors due to the pandemic.
US iOS Social Casinos Close In On $1 billion Annual Revenue. Five states received that revenue: Delaware, Michigan, New Jersey, Pennsylvania and West Virginia. Connecticut officials didn't have September totals, because online casino wagering and sports betting only launched there on Oct. 19.
Both social casino games and online casino apps are doing well. However, social apps face a potential problem from legal challenges that would have them declared a form of gambling.
Only a few states have legalized social casino games. However, players continue to use them in states with legal online casinos.
US iOS Social Casinos Close In On $1 billion Annual Revenue. RSI launched its free-to-play online casino and sportsbook, Casino4Fun, through its BetRivers brand.
RSI expects to launch real-money online casino and sports betting in Ontario under its BetRivers brand in the coming months. CASINO4FUN will enable RSI to build its brand and player database.
