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. Casinos And Gambling Market to grow by $ 82.09 billion during 2020-2024 | Industry Analysis, Market Trends, Market Growth, Opportunities and Forecast | Technavio Online Gambling Market is Projected to Reach USD 160 Billion by 2026. Published. 5 months ago. on. September 14, 2020. By. George Miller. Share ; Tweet; Reading Time: 3 minutes . According to a recent study from market research firm Global Market Insights, The global online gambling market is estimated to witness tremendous revenue growth over the coming years due to an upsurge in smartphone Gambling industry statistics are published twice a year (in May and November) and provide the latest information on each sector regulated by the Gambling Commission. The latest statistics cover the period between April 2019 – March 2020. Industry Statistics report on the size and shape of the gambling industry in Great Britain. This report provides an overview of Gross Gambling Yield (GGY Industry Trends. 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. The gambling industry is on a growth hot streak, thanks in no small part to the growth of the online portion of the sector. In 2015, the online sector alone was pushing towards $40 billion in value, and in 2018, it had more than doubled over the previous nine years. Some forecasts see it reaching as high as 59.79 billion by 2020. Global Industry Statistics on Online Gambling & Betting Market Size Will Grow to USD 100 Billion by 2026: Facts & Factors . Globe Newswire {{following ? "Following" : "Follow"}} January 06, 2021 6 Spain's gambling industry generated more than €9 billion in 2019, with online gambling generated €747 million in revenues in 2019. The gambling industry employs an estimated 250,000 people, while... The gambling industry is considered to be among the most flexible sectors of the world economy at present. It continuously shows the growth and a high rate of return on big investments, as well as The global online gambling market size is expected to reach USD 127.3 billion by 2027. Increasing usage of smartphones as a medium of gambling, rising internet penetration, easy access to gambling, and corporate endorsements are some of the major growth factors
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