The online gambling market consists of sales of gambling activities on the internet by entities (organizations, sole traders or partnerships) that operate online gambling facilities such as online casinos, online bingo, online lotteries, online poker, and online video games and sports betting, among others. Based on device type, the global online gambling & betting market is segmented into the desktop, mobile, and others. In 2019, the desktop segment dominated the global online gambling & betting market. The global online gambling market is projected to grow at a CAGR of 11.94%, during the forecast period (2020 - 2025). Online betting is the fastest-growing segment during the forecast period. Artificial intelligence, Chabot, and machine learning have taken over the market. Research and Markets Logo. The global gambling industry has been severely affected by the COVID-19 pandemic. In the United States, the biggest gambling market globally, many states had to order The chart below provides data concerning Gross Gambling Yield of the world’s gambling market from 2001 to 2019. GGY is the amount of money retained by the industry’s operators after the Research and Markets Logo. Asia Pacific was the largest region in the global gambling market, accounting for 38% of the market in 2019. North America was the second largest region accounting for Online Gambling Statistics. World gambling statistics show that around 26% of the population gamble. That means around 1.6 billion people worldwide gamble and 4.2 billion gamble at least once This statistic shows the global online gambling market size from 2009 to 2024 . The current size of the market is almost 46 billion U.S. dollars, meaning the size is forecast to double in the The global online gambling market size is expected to reach USD 127.3 billion by 2027. Increasing usage of smartphones as a medium of gambling, rising internet penetration, easy access to gambling, and corporate endorsements are some of the major growth factors The gambling market was the largest segment of the amusements market accounting for 87.9% of the total in 2018. The amusement park segment is expected to be the fastest growing segment in the
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