Online Gambling Market Growth, Trends, Size| Industry Report (2022-27)
Market Overview:
The market for online gambling is anticipated to grow at a CAGR of 11.49% over the course of the forecast period (2022–2027).
Positive market effects resulted from consumers turning more to online platforms to get through their financial, social, and psychological crises during lockdowns as a result of the COVID-19 pandemic. Due to the sudden closure of educational institutions and the growing popularity of remote work, the COVID-19 outbreak increased demand for internet gambling globally. In response to the closing of many casinos, several operators went online. The market was positively impacted by many players expanding their online gambling options and bingo operators moving their services online.
Scope of the Report:
Online betting on casino or sports-like games is typically considered to be gambling. Game type, end user, and geographic segments have been used to divide the online gambling market. For each segment, the market sizing and forecast have been done based on value (USD million) (USD million).
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