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Despite the state’s legal status, 13 online casinos are already licensed with the New York State Gaming Commission. While most players are gambling responsibly, we all have the potential to become addicted. Online casinos offer preventative measures such as maximum limits for individual wagers and deposits to help players avoid this fate. Other tools used to discourage players from developing a gambling problem include taking a timeout for up to six months or self-exclusion, which is a voluntary ban for at least a year.
IGaming industry is a promising niche that is predicted to undergo some changes. Good potential for business lies in the wake of these changes as citizens of the US look forward to more transparent and safe betting being made available. Cryptocurrency is also likely to become a valid form of payment when betting, if Blockchain enters the industry. This would open many more doors for cooperation and widening the reach of the iGaming industry.
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