As discussed earlier, some developers and online casinos may be trying to compensate for increasing regulatory costs.
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Moreover, iSpot reports the estimated ad spending of sports betting on national TV is on the upswing, increasing from $64.6 million in 2020 to $199.7 million in 2021. Year-to-date, with the NFL season just starting, the ad spend has already reached $161.7 million. Casillo points out, national sports betting ads still have potential to grow in future years too, as more states legalize mobile sportsbooks and sports betting overall.
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Since these sites base themselves outside the United States, federal and state gambling laws have no jurisdiction over them, leaving them essentially legal for use.
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Just like with many other casinos with crypto, the government of Curacao regulates this online casino. This enables mBit to accept all kinds of players from all over the world with different nations. The only exception is the prohibited regions that are under the sublicense of Curacao.