iGaming Expansion Won't Match Sports Betting Pace, Industry Expert Warns
iGaming expansion will likely proceed at a slower pace than sports betting legalization, according to industry expert Richard Scheutz, CEO of American Bettors' Voice (ABV). This cautious progression stems primarily from concerns about potential cannibalization of traditional brick-and-mortar casinos.
Albany cityscape with prominent church steeple
Currently, only seven states permit internet casinos: Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia. This stands in stark contrast to sports betting, which is now legal in 38 states plus Washington, DC, with Missouri joining in 2025.
2025 iGaming Outlook:
- Most promising candidates: Maryland and Ohio
- Potential legislation: Illinois, Indiana, Maine, Maryland, New York, and Ohio
- Wyoming also considering legalization, though its small population limits impact
Regarding major markets:
California:
- Future sports betting success depends on collaboration with tribal casino operators
- Operators now recognize the need to work with, not against, tribal interests
- Potential revenue-sharing agreements could emerge
Texas:
- Sports betting momentum tied to Las Vegas-style casino resort development
- Las Vegas Sands shareholder Dr. Miriam Adelson provides financial backing
- Lt. Gov. Dan Patrick's opposition remains a significant hurdle
- Preferred market for operators due to potentially competitive environment without tribal gaming requirements
The slower adoption rate of iGaming compared to sports betting reflects both industry caution and the complex relationships between online and traditional gaming operators.