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Online Gambling Market Trends

  • Report ID: GMI4795
  • Published Date: May 2023
  • Report Format: PDF
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Online Gambling Market Trends

Online casino developers concentrate on solutions that support & assist gamblers, ensure the authenticity of gambling activities, and prevent fraud. Several online gambling sites provide a free-play version of their games to attract new users. In the free-to-play versions, revenue is generated through in-app or website advertisements. The adoption of blockchain technology has also significantly impacted online gambling market share. Along with traditional payment methods, gambling apps & websites have begun to accept blockchain payments. Cryptocurrency transactions are quick & secure, providing numerous gambling opportunities. As they are subject to fewer regulations and restrictions, they are now widely preferred by users in online gambling.

Authors: Suraj Gujar

Frequently Asked Questions (FAQ) :

Market size for online gambling was over USD 90 billion in 2022 and will record more than 10% CAGR from 2023-2032 due to the rising internet penetration and usage of mobile phones.

The device type desktop segment held over 45% of the online gambling industry share in 2022 owing to the growing need of users to access gambling sites and play on desktop devices, including computers and laptops.

Europe recorded more than 45% of the online gambling business share in 2022 due to the surging number of online gambling websites in the region.

The betting game segment held over 40% of the online gambling share in 2022 impelled by the growing popularity of sports tournaments worldwide.

Online Gambling Market Scope

  • Online Gambling Market Size
  • Online Gambling Market Trends
  • Online Gambling Market Analysis
  • Online Gambling Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 17
    • Tables & Figures: 211
    • Countries covered: 15
    • Pages: 250
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