It’s no secret that the online gambling industry is booming, but did you know that it’s expected to bring in over $100 billion in revenue by 2022?
If you’re looking for a high-growth industry with plenty of opportunity for investment, then look no further than online gambling. This market is expected to grow at an annual rate of 11.5%, making now the perfect time to get involved.
Our new report provides a comprehensive overview of the online gambling market, including regional breakdowns and projections for future growth. Whether you’re looking to start your own online ice casino or just want to stay ahead of the competition, our report has everything you need.
The global online gambling market is expected to be worth $52.96 billion by 2022
With the global online gambling market projected to be worth $52.96 billion by 2022, it’s no wonder that companies are jumping on board with these new trends!
This growth is being driven by the increasing popularity of mobile gambling
Gamblers are no strangers to the joys of gambling on their phones, but now there’s even more incentive. The mobile gaming market is growing at an incredible pace thanks largely in part because people can play games like Bicycle Jackpots or Antique Slot Machines wherever they go!
Asian countries are expected to lead the way in terms of revenue growth
Asian countries are on top in terms of revenue growth. It’s no surprise then, that they’ll lead this category again – Asian tourists enjoy visiting these places and spending their money there!
North America is currently the largest online gambling market, but this is forecast to change by 2022
North America is currently the largest online gambling market, with betting sites accounting for 40% of all revenue. This percentage is forecasted to change by 2022 as more people access their favorite content on mobile devices!
The rise of blockchain technology is likely to play a significant role in the future of online gambling
Online gambling is likely to be revolutionized by blockchain technology in the future, with online casinos and wagering sites adopting this new form of payment methodology. Blockchain offers an innovative solution that removes any need for trusted third parties while also reducing costs associated from processing funds transactions manually or via intermediaries like banks
The rise of Blockchain could cause major changes when it comes down how we do business on-line at least regarding gaming where there has been little innovation since betting was first started back during horse races which were considered quite interesting compared their counterparts today because winners didn’t always come right away so you had time left over after placing your bets before discovery.
Conclusion
The global online gambling market is expected to generate $52.96 billion in revenue by 2022. This growth can be attributed to a number of factors, including the increasing popularity of mobile devices and the growing demand for real-money gaming apps. In order to stay competitive in this rapidly-growing industry, casino operators need to focus on delivering an engaging experience that meets the needs of their customers. At Casualty we have years of experience creating successful casino games and apps, so contact us today to learn more about how we can help you take your business to the next level.