In comparison, the revenue for the US online gambling market was 306.5 billion in 2018. This number is a strong indicator that more than 3% of the US population has taken to online gambling in the past few years. 13. The estimated gross wins for 2020 in Europe are 24.7 billion euros. (Statista) Online sports betting brings Europe 42.5% of its revenue. U.S. gambling market: total revenue 2004-2018 National tax revenue from commercial casinos in the U.S. 2019, by state Number of commercial casinos in the U.S. 2005-2019 Together with Macau, the United States of America drives the list in worldwide betting revenues, with the state of Nevada assisting with its ever-growing gambling club market. Majority of states in the US have restricted web-based betting, but many have authorized gambling clubs. Additionally, many US states hold regular lotteries. Some Key Online Gambling Statistics. The global market for online gambling reached around US$45.8 billion in 2017; In The UK, total gross gambling yielr 2017-18 was estimated at £14.5 billion; In 2017, the Canadian gambling industry was estimated to be $17.3 billion and is hotly tipped to keep growing Find industry analysis, statistics, trends, data and forecasts on Global Casinos & Online Gambling from IBISWorld. Get up to speed on any industry with comprehensive intelligence that is easy to read. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. Stats for the US: The gambling industry in the US is worth $261 billion and holds 1.8 million jobs. Most of these are in Nevada as gambling is actually banned in most states. Online Gambling Market size surpassed USD 55 billion in 2019 and is anticipated to grow at 16.5% CAGR between 2020 and 2026. The advent of several new technologies, such as AI, VR, cyborg, and machine learning, will drive market growth. Online gambling companies are likely to expand their sport betting options after sports betting was legalized in the United States by the Supreme Court, in 2018, which is further supporting the market’s growth. However, stringent regulations related to online gambling are expected to hinder the market growth rate. Based on device type, the global online gambling & betting market is segmented into the desktop, mobile, and others. In 2019, the desktop segment dominated the global online gambling & betting market. /PRNewswire/ -- The global online gambling market size is expected to reach USD 102.97 billion by 2025, registering a CAGR of 11.5% from 2019 to 2025,...
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