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Recently, news surfaced on the Internet that online gambling games is returning to the United States again. It won’t be available in all the states, but only in a few, Nevada (where Las Vegas is located) received such a license. My first impression was that millions of poker players will burst into Nevada in order to connect to the global online poker industry and arrange a real poker slaughter. However, after reading a little information, I realized that it turns out that legalization applies only to the relevant state in America. But players from other states will be able to compete in online gambling games too.
Competition among gambling brands
Of course, global poker and other “gambling” brands will actively fight to get their long-awaited license in the US. Gambling is a huge online industry; I would say that it is confidently one of the top 3 online industries in the world in terms of the number of participants and the funds that circulate in it. The US leadership is perfectly satisfied about this and understands what money potential is buried in online gambling games. That is why the time has come for legalization and we are beginning to see the issuance of permits for different states.
It seems to me that European operators will get a license to “access” to US players for quite a lot of money. Because no one else is going to give away their gambling market so simply.
Definition of gambling games and gambling in general
In this part of an article I will tell a bit about stereotypes, as well as general social ideas regarding gambling. Contrary to popular belief, gambling games is not just about slot machines and online slots. If we talk about terms, then a game of chance is absolutely any game that contains an element of luck and risk, and the outcome depends to a small extent on the player, the definition from Wikipedia reads as follows: “a game in which the gain is completely or largely independent of playing skill, but from chance.” The economic definition of gambling sounds like this: “making a bet on money or any material value on an event with a doubtful outcome with the main intention of making a profit or material values. Gambling depends more on chance than on the skill of the players, and the size of the bets is set arbitrarily and can be changed by the players, and the main interest is directed not at the game process, but at its outcome.”
Both of these definitions agree that there is an element of risk and chance in the game, money is used in the game as betting methods, and the player’s skills and experience can only slightly affect the outcome of an event. Everything seems to be clear, although for me in this definition it remains unclear how small the element of one’s own skills in the game should be in order to consider the game as a random gambling. From myself, I would also add that the organizer of the gambling games always remains in the black.
For example, take a game such as a lottery – everything seems to be clear here, you buy a ticket, you don’t need to do anything else, the participation in the game itself is minimal (it is limited to buying and filling in the corresponding numbers). Everything is the same in slot machines, threw money, pressed the button, the process started. However, there are games with an intermediate value, such as blackjack, sports betting, poker, financial bets, as well as some others.
As a conclusion I can say that even video games are some sort of gambling, lootboxes, weapon skin drops etc. You can love it or hate it – but video game entertainment is changed, and this change will stay for a long time…