iGaming Industry
The global iGaming industry encompasses online casinos, sportsbooks, poker, and sweepstakes platforms. US market leaders BetMGM, DraftKings, and FanDuel are targeting a $55-$80 billion opportunity by 2030.
Key Concepts
Real Money Gaming (RMG)
Licensed online gambling where players wager and win real currency.
Sweepstakes Model
Legal US gaming model using dual-currency (Gold Coins + Sweeps Coins) to operate in states without RMG licenses.
GGR
Gross Gaming Revenue: total wagers minus winnings paid to players. The primary revenue metric for operators.
KYC / AML
Know Your Customer and Anti-Money Laundering compliance requirements for all licensed operators.
Responsible Gambling
Operator obligations to detect and protect problem gamblers, including self-exclusion tools and deposit limits.
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