The global online gambling market is projected to grow at a CAGR of 11.94%, during the forecast period (2020 - 2025). Online betting is the fastest-growing segment during the forecast period. Artificial intelligence, Chabot, and machine learning have taken over the market. Market demand for convenient and user-friendly mobile-based online gambling. The mobile device segment dominated more than 45% of the UK online gambling market share in 2019. Technological advancements in smartphones, such as extended storage capacity and improved graphics, have resulted in enhancing the overall online gambling experience. Dublin, Jan. 20, 2021 (GLOBE NEWSWIRE) -- The "Analyzing the Global Online Gambling Industry 2021" report has been added to ResearchAndMarkets.com's offering. There is hardly any industry that has Online Gambling Market is anticipated to reach USD XX.X MN by 2026, this market report provides the growth, trends, key players & forecast of the market based on in-depth research by industry experts. The global market size, share along with drivers and restraints are covered in the online gambling market report The global online gambling market reached a value of US$ 66.7 Billion in 2020. Online gambling, or virtual gambling, refers to betting on casino or sports-based activities over the internet. In comparison to in-person gambling, online gambling does not involve physical interaction of players and all the sessions are moderated by computer programs. Major online gambling market players include The Stars Group, 888 Holdings PLC., Fortuna Entertainment Group, Paddy Power Betfair PLC, GVC Holdings PLC, and Kindred Group. Press release - Market insights Reports - Online Gambling Market 2021 Latest Advancements, Growing Demands and Business Opportunities- Betsson AB, Kindred Group Plc., Net Entertainment - published Read 104 page research report with TOC on "Online Gambling Market Size, Share & Trends Analysis Report By Type (Sports Betting, Casinos, Poker, Bingo), By Device (Desktop, Mobile), By Region, and Online Gambling & Betting Market 2020-2026 . New Study Reports “Online Gambling & Betting Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on 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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