Why Gambling Gains Popularityįast distribution of mobile devices and accessibility of online casinos are currently driving the online gambling business. The growing interest in online betting and the adoption of the free-to-play (F2P) model for online gambling services are among the key factors fueling industry maturity. Thanks to the prevalence of the internet, today’s gamers can comfortably play and place bets in various games all over the world from the comfort of their own homes.Ĭurrently, the global online gambling market was valued at $57.54 in 2021 and it is predicted to grow exponentially and reach US$127.3 billion in the next seven years, showing an increase of almost 11.5% annually. Online gambling is a digital analog of traditional casinos.
