New iGaming Options Come to Connecticut and Pennsylvania

The US online gambling industry is projected to reach €53 billion in gross win volume by 2028, up from €15 billion in 2022, representing a compound annual growth rate (CAGR) of 24%. An increasing number of states are quickly legalizing online gambling, which is one of the main drivers of the market’s potential for development.

Naturally, more and more operators want a piece.

Internet Vikings in Connecticut

Thanks to coordinated efforts by Connecticut’s indigenous communities and gaming companies, the state became the sixth in the nation to legalize internet gambling in October 2021, setting the stage for a flourishing iGaming industry. Gambling Intelligence reports that in January 2024, wagers saw an astounding growth of 33% in Connecticut’s online gambling business, demonstrating the industry’s continued success.

And now players have one more option when it comes to online gambling. The state’s online gaming industry welcomed Internet Vikings, an industry trailblazer in providing regulated in-state hosting options, as it made its triumphant debut. With this strategic growth, the company has further shown its dedication to providing countrywide coverage. Its premium hosting solutions are now available in 24 states throughout the US.

Speaking on the sector’s development, Internet Vikings COO Kristoffer Ottosson said that there’s a noticeable need for more service providers in the Connecticut market, which is seeing substantial growth. Getting their license as an online gaming service provider, he said, would let them tap into the immense potential of this rapidly expanding sector.

Quickly obtaining the Connecticut license—within a month of signing the client agreement—was a major accomplishment for the team. But they are not stopping there. With an eye toward 2024, the business plans to expand into other states, meeting the changing demands of the sector in the process.

Strive Gaming Comes to Pennsylvania

In Pennsylvania, Strive Gaming now has an iGaming and sports wagering manufacturer license, that will enable them to operate legally. This huge accomplishment comes shortly after the recent investment round that Strive Gaming completed, which was led by OpenBet. Throughout 2024, Strive Gaming plans to use the funds to expand strategically into other key states with regulated online casinos.

Strive Gaming CEO Max Meltzer was pleased with the Interim Authorization, saying that it was further proof of their steadfast dedication to regulatory compliance especially considering that it came soon after their license was granted in Michigan a few months ago. He also underlined their ongoing commitment to providing state-of-the-art iGaming and sports betting solutions via their PAM platform.