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Gambling certainly has the appearance of a cash cow.
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Revenue from casinos and racinos increased only 1.
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Competition: Alive and Well The uptick in casino revenue in 2015 was due largely to the introduction of gambling in Maryland and Ohio, not to growth in existing gaming states.
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Casinos are shifting to more interactive games by replacing slot machines with table games such as blackjack, craps and roulette.
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Department of Justice decided in 2011 that the Wire Act of 1961 outlawed only sports betting, not gambling over the internet, states have been slow to legalize and regulate it.
Delaware, Nevada and New Jersey are the only states that allow iGaming.
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Online lotteries are gradually appearing in the states as well.
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Six states considered them in 2015, and Massachusetts did so in 2016.
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What millennials do play is daily fantasy sports.
Research has shown that nearly two-thirds of players are 35 or younger.
Are fantasy sports a form of online gambling?
States have been quicker to address the legalization and regulation of fantasy sports, in most cases by exempting them from laws that apply to illegal forms of gambling.
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The expansion of gaming has certainly benefited many state budgets in the short term, but it has also caused gaming activity to dwindle in states that have historically relied on it for revenue.
States might want to heed the advice they offer citizens: Play responsibly.
Jackson Brainerd is a policy associate in NCSL's Fiscal Affairs program.
Sidebar: Gambling Jargon Casino: A room or building where gambling games are played.
Also the title of an epic crime drama starring Robert De Niro and Joe Pesci.
Daily fantasy sports: A subset of fantasy sports that finishes competitions over the span of a day or week.
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Racino: Combined racetrack and casino.
Table games: Games like blackjack, craps and roulette that are played on a table and operated by one or more live dealers, such as a croupier or poker dealer.
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