DraftKings CEO and co-founder Jason Robins is optimistic about the future of online casino gaming in the U.S. Speaking at The Craig-Hallum Online Gaming Conference on December 2, Robins discussed the challenges and opportunities surrounding igaming legislation, forecasting a potential wave of new laws in 2025.
Online Gaming Gains Momentum
During the virtual fireside chat, Robins reflected on the rapid expansion of online sports betting in the U.S., drawing parallels to the potential growth of online casinos. Despite initial skepticism from critics who compared the U.S. market to the U.K., Robins argued that the cultural resistance to betting was overstated.
“In the first few years in the market, I would always hear that betting in the UK is part of the culture, and it will never be like that here. I always thought to myself, ‘I just don’t buy that,’” Robins said.
Since the U.S. Supreme Court struck down the federal ban on sports betting in 2018, states have rushed to legalize sports betting, creating a thriving industry. Robins believes the online casino segment could see similar growth, with 2025 potentially being a pivotal year for new legislation.
Why 2025 Could Be a Turning Point
Robins highlighted a few factors that could drive igaming legislation forward:
- Economic Benefits: States with online casino gaming, like New Jersey and Pennsylvania, have reported significant tax revenue gains, which could entice other states to follow suit.
- Market Maturity: As sports betting becomes normalized, lawmakers may view online casinos as the next logical step in regulated gaming.
- Public Demand: With increasing acceptance of digital platforms for entertainment, more consumers are showing interest in regulated online gaming options.
“States are recognizing the financial and consumer protection benefits of legalizing these platforms,” Robins noted, pointing to the strong performance of existing markets as evidence.
Challenges Ahead
However, Robins acknowledged the obstacles to widespread igaming adoption. Many states remain hesitant due to concerns about gambling addiction, regulatory complexities, and pushback from brick-and-mortar casinos.
“There’s always going to be resistance from certain groups,” Robins said. “But over time, as the success stories pile up, it becomes harder to ignore the benefits.”
Some lawmakers remain wary of expanding gambling, citing fears of social harm and the challenges of ensuring fair play in online environments. Yet, proponents argue that regulated markets offer better safeguards than unregulated or offshore alternatives.
DraftKings’ Strategy for Growth
DraftKings is positioning itself to capitalize on any legislative changes. The company has already established a strong foothold in the sports betting market and is well-prepared to expand its online casino offerings.
Robins emphasized the importance of innovation and customer engagement in maintaining DraftKings’ competitive edge. “It’s not just about getting into the market—it’s about staying ahead by offering the best possible experience for users,” he said.
DraftKings continues to invest heavily in technology, marketing, and partnerships to solidify its role as a leader in the evolving gaming industry.
The Road to 2025
As the conversation around online casino gaming intensifies, 2025 could be a defining year for the industry. Advocates like Robins remain hopeful that more states will recognize the potential benefits of regulated igaming, paving the way for a new era of digital entertainment.
For now, the future of online casinos in the U.S. remains uncertain, but companies like DraftKings are betting big on what’s to come.
