The global online gambling market will grow to $103 billion by 2025
Analytical companyGrand View Research has published research on the development of the online gambling industry. According to experts, the online gambling market will grow to $102.97 billion by 2025.
It is expected that the annual growth of the sector will be about 11.5%. Analysts note that the development of this segment is due to the great popularity of mobile devices and the increasing security of digital payments. Analysts also note relatively low operating costsonline casino. There are now dedicated platforms for launching a gambling site that are easy to manage.
Europe is expected to retain its dominant position. At the same time, the countries of the Asia-Pacific region will show the greatest dynamics.
Experts believe that online gambling in Asia will get a big boost due to its legalization in the region. Volumes will depend on which companies get licenses there.
Grand View Research is a large American analytical firm headquartered in San Francisco. The organization employs 425 employees who annually prepare more than 1200 reports on various fields of activity and provide consulting services.