![[Webinar] Discover the Data Behind the Gambling Industry ...](https://i.ytimg.com/vi/Juv_pz6jABw/default.jpg "The majority of Millennials gamble in casinos and on their mobile devices nearly half also gamble for real money one online casinos. Understanding and tappi...")
The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market. In addition, factors such as easy access to online Online Casino Market in the US. Since its legalization in 1931, casino gaming has been a critical industry in the US. The industry directly employs over 730,000 people and contributes about $137.5 billion to the economy each year. 2018 is arguably the most eventful year for gambling in the US, with gamblers witnessing SCOTUS overturn PASPA The global Online Gambling market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028. Online Gambling Market Scope: By type, the market is segmented into Poker, Casino, Sports Betting, and Other. By application, the market is divided into Entertainment, Commercial, Other, and . Request Covid - 19 Impact. Based on geography, market Release Summary. Technavio analysts forecast the online gambling market in the US to grow at an impressive CAGR of more than 51% during the forecast period, according to their latest report. According to a recent study from market research firm Global Market Insights, The global online gambling market is estimated to witness tremendous revenue growth over the coming years due to an upsurge in smartphone adoption and improving internet infrastructure across the world. Additionally, convenient and easy accessibility to online casino gaming platforms would also […] Online Gambling Market Worth $102.97 Billion by 2025 | CAGR: 11.5%: Grand View Research, Inc. PR Newswire SAN FRANCISCO, Aug. 27, 2019 SAN FRANCISCO, Aug. 27, 2019 /PRNewswire/ -- The global DUBLIN, Oct. 13, 2020 /PRNewswire/ -- The "United States Online Gambling Market- Growth, Trends and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering.. The United Press release - Market insights Reports - Online Gambling Market 2021 Latest Advancements, Growing Demands and Business Opportunities- Betsson AB, Kindred Group Plc., Net Entertainment - published The online gambling market size surpassed USD 55 billion in 2019 and is anticipated to grow at 16.5% CAGR between 2020 and 2026 owing to advent of several new technologies, such as AI, VR, cyborg, and machine learning. Image created by Market Business News. Online gambling is a huge industry, and online casinos in the US are no different. Currently, the total value of online gambling in the whole world is at almost $60 billion. By the year 2023, it is expected to reach more than $90 billion in value, with a projected growth rate of 14.78% until the year 2025. Modern technologies such as the integration of
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