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Software news: myths vs facts

The US online gambling market expanded from $5.46 billion in 2018 to $31.83 billion in 2025. Industry data reveals that while 32 states legalized sports betting, only nine states had fully legalized online casino games and poker as of December 2024.

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RevenueBase identifies 627 online casino software providers in the United States as of September 2026. Las Vegas contains 39 company records, whereas New York has 27 and Los Angeles has 14. IGT leads with 9,007 professional contacts, while Everi Holdings INC has 1,772. AGS has 706, Penn Interactive has 321, and High 5 Games has 273. GAN and Bluberi have 297 and 264 contacts respectively. Most iGaming platforms take a cut of revenue. The US online gambling market grew from $5.46 billion in 2018 to $31.83 billion in 2025. While 32 states legalized online sports betting between 2018 and 2025, only nine states had fully legalized online casino games and poker as of December 2024, according to industry data.

Software myths and game mechanics

Software myths often cause hesitation among businesses and players. Custom software is an investment for businesses of all sizes that scales as a company grows. It eliminates the need for expensive workarounds and ongoing subscription fees. Small businesses often believe custom development is too complex, but developers can build simple solutions for any scope. Custom software is also secure because uniqueness makes it a harder target for cybercriminals.

The idea that slot machines go through "hot" or "cold" streaks fails because every spin is an independent event. The Random Number Generator (RNG) selects the outcome the moment a player presses the spin button. Bet size does not change win probability, and the timing of the spin does not change the result. You should look at the Return to Player (RTP) percentage instead.

Game Type Format Typical RTP House Edge
Blackjack Live / RNG 99% – 99.7% 0.3% – 1%
European Roulette Live / RNG 97.3% 2.7%
Baccarat (Banker) Live / RNG 98.94% 1.06%
Online Slots RNG only 94% – 97% 3% – 6%+

Live dealer games use physical equipment, whereas RNG games use digital algorithms. RNG games are faster and allow for more hands per hour. Some RNG blackjack games show an RTP of over 99.5% with optimal play. Does the visual transparency of a live dealer actually change the mathematical probability of a win?

Provably fair tech and prediction models

Provably fair technology uses SHA-256 to ensure game outcomes remain random. This system uses a combination of a server seed, a client seed, and a nonce. Stake and BitStarz use these tools to let players verify outcomes. The casino hashes the server seed to form a server hash. After the game, the casino reveals the unhashed server seed. If the hashes match, the bet is fair. Plinko allows players to adjust risk levels and the number of rows, while Mines allows players to choose how many mines are hidden on the grid. Limbo uses a target multiplier to generate a random multiplier.

SafeBets operates on a different model by removing the wager entirely, which means users never deposit or risk their own money. This differentiates them from platforms like Polymarket or Kalshi. They use a network token called Unicoin to reward forecasting skill through proof-of-intelligence. This method uses the intelligence of users rather than the losses of players.

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Technewsdaily

Senior tech writer covering AI, gadgets and cybersecurity. Breaking down the news that matters, every day.