Online gambling is one of the most progressive and rapidly developing markets. The composition of this industry is formed by virtual platforms that offer adult users gambling, sports betting, lotteries, contests and much more. The vast majority of the industry is virtual casinos, which collect the most voluminous flow of finances.

Analysts of the Maximizemarketresearch service, who specialize in financial analysis, made their forecast about the development of the gaming industry. According to their estimates, the worldwide turnover of iGaming representatives will reach a record high of 132.99 billion US dollars by 2030. According to their estimates, starting from 2024, gambling will grow by 9.98% annually. The purpose of the report is to present a comprehensive assessment of the market. It contains thoughtful insights, facts, historical data, industry market data.

Read also: Legal Gambling Has Become the Engine of Gambling Values.

The report also presents forecasts regarding the figures by region. Representatives of Europe will receive the biggest profit from the legalization of online gambling. It should be noted that Great Britain was the first on the European continent to take this step. Then Italy and Spain followed suit, and since 2020, regulation of online games takes place in Ukraine.

Read also: Legal Gambling Has Become the Engine of Gambling Values.

There are quite a few reasons why virtual establishments are beginning to overshadow land-based casinos. The first is accessibility – players don’t need to travel to entertain themselves. In addition, online gambling has a bonus policy and loyalty program that real casinos do not have.  Did you find the news interesting and informative? Want more of the gambling news online and stay updated on the events?  Want to know where to find the best bonuses? Stay tuned with latest casino promotions. Subscribe to our ‘Gambling News’ section and receive notifications about fresh publications.