The Range of Salaries in US iGaming Sector

As more American states continue to legalize online betting and gambling, the iGaming industry has grown significantly. The influx of mobile users has further boosted the popularity of such sites, creating even more employment opportunities for those who would love to have a career in the iGaming sector. Today, we explore the available info around […]

As more American states continue to legalize online betting and gambling, the iGaming industry has grown significantly. The influx of mobile users has further boosted the popularity of such sites, creating even more employment opportunities for those who would love to have a career in the iGaming sector. Today, we explore the available info around the salaries in the iGaming sector and explain the factors that influence salaries in the industry.

Range of salaries in the iGaming sector

As the iGaming industry expands, the need for employees also increases, especially in the tech field. As of 2022, the industry pays an average salary of over $31,000 as the demand for workers rises. A game developer can receive a $116,715 salary average as this role is in demand, and compliance officers can get about $97,347 average salary per year.

Also, Casino dealers get annual average salaries of $49,198, while casino managers are paid $125,608 on average. Remember, payment will vary by casino site, region, and the roles in demand. Check 50Casino’s rankings of the top US casinos to find the most credible sites in the country.

Factors affecting the salaries of iGaming professionals

Some factors influence the salary an iGaming expert will receive, and we have explained these factors below.

Market Size and Company Location

Location is one of the critical determinants of the salary size an iGaming expert receives because larger markets pay more. If the firm is located in Sweden or Malta, nations that have established markets in the industry, the wages will be higher than in emerging markets.

Position

Another factor affecting the amount you will be paid is the position and level of expertise. Like in other industries, skills that are in demand but sparsely available attract significant salaries compared to general skills.

The Company Size

The size of the iGaming firm will also affect the salary paid. A corporation that develops top-rated online slots is likely able to pay its employees more than an average or small firm with limited cashflow. However, joining a software startup at an early stage also has its upsides, as it provides opportunities for rapid career advancement when the company grows.

Your Qualification and Experience

Employees with the best qualifications and experience can expect to earn better salaries, provided their skills remain relevant. This is because they are seen as assets who can impact other employees with their wealth of experience brought from other similar jobs. Having experience in the iGaming field specifically can result in a higher salary than that of a person who worked a similar job in an unrelated industry.

Level of responsibility

The responsibility shouldered by a worker influences the amount of pay he receives. While the top level has more responsibility, like leading, organizing, and managing others attached to their role, they will receive more payment than entry-level employees. This is because the decisions of the top-level employees directly influence the firm’s long-term success.

Conclusion

The iGaming industry has many career opportunities for workers out there, and the pay is competitive too. However, the income cannot be uniform across positions, firms, regions, and markets, as some will have the advantage over others. Improving skills and getting more iGaming career-related certifications can help improve a person’s pay in the industry.