Due to widespread availability of low-cost mobile applications, the Online Gambling market is expected to grow further. Furthermore, cultural and legal acceptance, easy access to online gambling, celebrity endorsements, and corporate sponsorships are boosting Online Gambling market growth.
The growing use of mobile phones for online gaming in public places as well as at home, combined with rising internet penetration, is propelling the Online Gambling market. Global Online Gambling Market size was valued at USD 56.78 billion in 2021 and is poised to grow from USD 63.53 billion in 2022 to USD 153.57 billion by 2030, growing at a CAGR of 11.7% in the forecast period (2023-2030).