Rapidly Growing US iGaming Market to Bring New Job Opportunities to the Market

The expansion of the iGaming business has recently resulted in a slew of new job possibilities. These gambling-related professions include remote and office-based service, high-tech, and creative employment in a variety of nations. The pay is competitive, and individuals are eager to take advantage of it. As iGamingNJ reported, the rapid expansion of the gambling industry and substantial revenue growth are expected to continue in the future. With more states following the exact path New Jersey has taken regarding the development of the iGaming industry, further advancements may result in the increasing number of profitable casinos and, therefore, new job opportunities generated within the industry.

Here's how iGaming’s increased growth impacts US economy

According to the Bureau of Labor Statistics (BLS), there were 117,100 employees in the industry of online gambling in the United States in 2020. This comprised both on-the-ground and online employees. The companies like BetMGM, DraftKings, and FanDuel alone, have over 5,000 of them. Each year, the Bureau of Labor Statistics estimates that 20,000 new gambling-related jobs will be created. Hundreds of iGaming job opportunities, both remote and in-office, were discovered in a recent review of professional and job search sites like ZipRecruiter and Indeed.

Total iGambling income for four states, namely Pennsylvania, New Jersey, Delaware, and West Virginia, reached US$147.3 million in September. This is a 3.2 percent increase over August. The level of total online sales was expected to reach US$1.05 billion in 2020.

iGaming brings new jobs to the US market

The iGaming market offers a wide range of job categories, experience levels, and compensation levels. The typical annual salary is around $50,000, although the highest-rated positions pay well into six figures.

Development of software

This sector encompasses a wide range of occupations. Programmers, creative staff, promotion, and design employees are all employed in this sector.

Marketing on the Internet

Competition for clients has been strong as the sector has grown. Product promotion has become an important aspect of the iGaming market and its job descriptions.

Leadership

To get the work done, team leaders are required in every sector of a company. As a result, each division of a company needs direction.

Operations & Administration

The overall activities are directed by executives who have substantial training and expertise. These jobs are frequently filled by experts with business and IT degrees.

Communication & Customer Service

These are the individuals who will respond to your inquiries and help you with your issues related to iGaming. The best gaming companies recognize the importance of this sector and staff it accordingly.

Since the Supreme Court lifted the federal wagering ban in May 2018, 21 states have legalized sports betting. iGaming laws will be implemented this year. The workers in the iGaming sector look to be the main beneficiaries.

What does the future hold for the iGaming sector?

According to all estimates, the industry can only go up, and the employment market will follow. Job prospects in iGaming should be greater than ever as the popularity of iGaming grows in the US states that have recently authorized internet betting and casinos. Furthermore, additional states are going to follow with the legalization.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes