US Online Gambling Market Trajectory, Size, and Share
The online gambling market is growing rapidly. Learn about the current state of the market and what to expect in the future.
The worldwide web has become an integral part of everyone?s lives, from simple means of communication to means of marketing one?s product across the globe. The increased use of smartphones and the internet has made it easier for people to find and use the services they want.
As a result of more people using the internet, online casinos are booming in popularity. It is projected that factors including the rise in online betting options, the number of online gambling applications, and consumer disposable income would boost industry growth even further than it is today. But how huge is the iGaming market" What can we anticipate for the future"How Big is the Online Gambling Market as of 2022In 2021, the online gaming market was valued at $61.5 billion, and by 2028, it is expected to be worth $114.4 billion. Expanding internet usage and an increase in the number of individuals playing online games on their mobile phones both at home and in public are driving the industry forward. The expansion of the gaming business is also being aided by factors including societal and legal acceptability, ease of access to online gambling, celebrity endorsements, and corporate sponsorships. The industry is expected to expand further as a result of the accessible and reasonably priced mobile apps.
The United States online gaming industry is mature and steady tha...
