The global online gambling industry is on track to nearly double its size within six years. Valued at USD 78.87 billion in 2024, the market is projected to soar to USD 156.40 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.92%, according to TechSci Research. This remarkable expansion reflects how digital platforms have reshaped gambling behavior worldwide, supported by smartphone proliferation, advanced technologies, and regulatory progress across key regions. Digital platforms now deliver a range of experiences, from virtual casinos and online poker rooms to sports betting hubs and live dealer tables. Enhanced by technologies such as artificial intelligence (AI), blockchain, and virtual reality (VR), these platforms replicate the excitement of land-based venues while providing the convenience of mobile access. Drivers of Expansion The widespread penetration of high-speed internet and smartphones continues to be a key driver. With more than 5.3 billion internet users and over…Â Read More
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Source: Casino News Daily
