We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. ![]() Online gambling platforms offer several benefits, such as cashless transactions, accessibility through any electronic device, personalized budget, and real-time gambling experience. The gambling software application can be downloaded on a smart device, or the game can be played through a website. Players can play various virtual games, such as sports betting, poker, blackjack, roulette, and slot machines. Unlike in-person gambling, it does not involve physical interaction between players, and the sessions are moderated by computer programs. Online gambling, or virtual gambling, is an internet-based casino or sports-based betting activity. Looking forward, IMARC Group expects the market to reach US$ 131.4 Billion by 2027, exhibiting at a CAGR of 9.96% during 2022-2027. ![]() The global online gambling market reached a value of US$ 72.3 Billion in 2021. According to the latest report by IMARC Group, titled “ Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the Online Gambling Market share.
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