US Online Casinos’ Blazing-Hot Start to 2024 Might Be Starting to Cool Off
The annual growth rate for US iGaming revenue experienced an unusual acceleration in February and March, but has begun to come back down.
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Alex Weldon is a former Editorial Manager for news at PlayUSA, as well as for other Catena Media sites, including Bonus.com.
He’s a former semiprofessional poker player and has been writing about online gambling professionally since 2014. Prior to his current position, he was Managing Editor at Online Poker Report and before that, the GameIntel Poker Update, a subscription newsletter for industry executives.
Alex loves providing news and analysis on the regulated online casino and poker industries in the US, with an emphasis on legislation, regulation, responsible gambling and business strategy.
The annual growth rate for US iGaming revenue experienced an unusual acceleration in February and March, but has begun to come back down.
US online casinos are off to a hot start in 2024, while the race for the Michigan market share lead intensifies between BetMGM and FanDuel.
FanDuel Casino's blistering revenue growth nearly equals that of all other operators combined and has made it the Michigan market leader.
Calls to problem gambling helplines spike in the wake of gambling expansion, but for Pennsylvania, the most intense period may be over.
It has become part of the US online casino market's annual cycle that revenue slumps in January as consumers recover from the holidays.
Three states dominate the US iGaming market in terms of revenue and Pennsylvania, New Jersey and Michigan should continue to do so in 2024.