#IMARC Group

IMARC Group’s latest report claims that the Australia online gambling market reached a value of US$ 4.0 billion in 2021. IMARC expects the market to reach US $ 6.6 billion by 2027, exhibiting a CAGR of 8.1% during 2022-2027.

Online Gambling Market is Projected to reach US$ 131.4 billion by 2027. The global online gambling market is driven by the rising consumer expenditure power and rapid penetration of the internet. The advent of bitcoin gambling and the surging use of mobile phones for playing online games are also driving the market growth. Government legalizing online betting is also providing an impetus to market. Rising celebrity endorsements and corporate sponsorships are creating a positive outlook for the Market. IMARC Group's report offers a comprehensive analysis of industry.

Europe Online Gambling Market reached US$ 34.6 billion in 2021. IMARC Group expects the market to reach US $ 56.8 billion by 2027. Online gambling refers to virtual betting and sports-based activities.

Golden Matrix Group Inc. (NASDAQ: GMGI) has broadcast titled, "Online Gaming — A Sure Bet". IMARC Group estimates the global online gambling market reached $72.3 billion in 2021 and is expected to reach $131.4 billion by 2027. GM GI has consistently posted record revenues and earnings quarter over quarter.

The global online gambling market is expected to reach $72.3 billion in 2021. India is one of the biggest contributors to growth in the global casino and betting market. The country is estimated to have more than 900 million internet users by 2024. The revenue from online casino gaming in India will reach USD 34.32 million by the end of 2022.

IMARC Group's latest report claims that the global online gambling market reached a value of US$ 66.7 billion in 2020. IMARC expects the market to exhibit strong growth during 2021-2026.

IMARC Group’s latest report claims that the global online gambling market reached a value of US$ 66.7 billion in 2020. IMARC expects the market to exhibit strong growth during 2021-2026. Online gambling is an internet-based casino or sports-related betting activity.