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US igaming market will be worth $9.3 billion

US igaming market will be worth 9.3 billion

Morgan Stanley, one of the leading financial analyst and services company in the world, has published a prediction for 2020 in which it estimates the igaming industry in the US will be worth more than the combined revenues of Las Vegas and Atlantic City. It says the market might reach up to $9.3 billion and that is a conservative estimation of the market according to the report. Las Vegas produced $6.2 billion in 2012 and Atlantic City produced $3 billion in the same period. The estimates are above and beyond these 2 amounts together. New Jersey, Delaware and Nevadahave all approved some framework in order to legalize online gambling during the last month.