“The global online gambling market size was worth 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 cyber web penetration and increasing use of cell phones among folks for enjoying online games from their homes and public places are riding the market.
In addition, elements reminiscent of easy accessibility to online playing, legalization and cultural approval, corporate sponsorships, and star endorsements also are contributing to market growth. The developing availability of cost efficient mobile purposes around the globe is extra expected to fuel market growth.