Too Long; Didn't Read
Real-money gaming is riddled with tight regulations and fees in American regions, as well as most other regions around the world. The team purchased licenses for the regions they want to operate in, integrates with Plaid/Stripe to accept user deposits and facilitate user withdrawals, and builds their gaming app. This is a great go-to-market strategy for a bankrolled team with enough certainty in their product to risk the millions of dollars they may spend on licensing fees. For a team not able to put down a small fortune as collateral, not so much. Such a team will likely not have access to the gaming markets of Pennsylvania, New York, and so on, due to lack of funds and legal acumen.