According to the 2022 Global Online Gambling Market Report from Business Research, the industry’s Compound Annual Growth Rate (CAGR) has already surpassed the 10.4% mark. Given this metric, the online gambling market could reach $81.08 billion this year, while its 2021 results were $73.42 billion.

Experts believe that such a rapid growth of the market is dictated by the fact that many companies are successfully adapting to the new realities caused by the global pandemic. Restrictive measures like social distancing and lockdowns have shown many people that remote gambling has an amazing entertainment potential.

Thanks to the ubiquity of the Internet and mobile technologies, the average annual growth of the online gambling market can reach 9.2% over the next 4 years. If this prediction turns out to be correct, the market capitalization will exceed $115.13 billion by 2026.

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