Online Gambling Market is Projected to Reach US$ 131.4 Billion by 2027, Bolstered by Rising Internet Penetration

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Online Gambling Market is Projected to Reach US$ 131.4 Billion by 2027, Bolstered by Rising Internet Penetration
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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.

Online Gambling Market is Projected to reach US$ 131.4 billion by 2027.

The competitive landscape of the online gambling market has been studied in the report. The report also includes the profiles of key players operating in this market.

Online Gambling Market is Projected to Reach US$ 131.4 billion by 2027. Some of the key players include:888 Holdings PLC, Bet365 Group Ltd., Betsson AB, Cherry Spelgladje AB and MGM Resorts International.

The report has segmented the global online gambling market based on game type, device and region.

Online Gambling Market is Projected to Reach US$ 131.4 billion by 2027. Breakup by Game Type: Football, Horse Racing, E-Sports, Live Casinoo, Blackjack, Poker and Slots.

Online Gambling Market is Projected to reach US$ 131.4 billion by 2027. Breakup by Device:Desktop and Mobile.

Online Gambling Market is Projected to Reach US$ 131.4 billion by 2027. Breakup by Region: North America, Asia Pacific, Europe, Latin America and Middle East and Africa.

The report provides a detailed analysis of the market performance (2016-2021), market outlook (2022-27), and market drivers and success factors.

Online Gambling Market is Projected to reach US$ 131.4 billion by 2027. IMARC Group is a leading market research company that offers management strategy and marketresearch worldwide. Its information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations.