12. Only 3% of the US population gambles online. (Casino.org) This is significantly less than the online gambling population in the UK, which equals 17%. That adds up to 5.3 billion pounds of revenue for just the online market. In comparison, the revenue for the US online gambling market was 306.5 billion in 2018. This number is a strong indicator that more than 3% of the US population has taken to online gambling in the past few years. When it comes to online gambling and demographic statistics, a UK study concludes that 17% of the population gamble online, resulting in £5.3 billion revenue for the online market alone. In the US... US online gambling produced $247.5 million in revenues in 2017. New Jersey’s online gambling industry continues to grow. In 2017, the combined revenue of Atlantic City’s online casinos and poker sites was $245 million. That’s a 21% increase from 2016 when New Jersey’s iGaming niche generated $195 million. Delaware added only $2.4 million in online gambling revenues, which was an 18% decline. Another growing segment of the gambling industry is online. The global market size of online gambling was forecasted to reach over 59 billion U.S. dollars in 2020, growing by around 20 billion U.S Their best estimate came to a total of 1.6 billion people gambling at some point during a given year, with over 4.2 billion having gambled at some point in their lives. With the increasing reach of online gambling, those numbers have probably only grown larger in recent years. The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market. In addition, factors such as easy access to online gambling, legalization and cultural approval, corporate sponsorships, and celebrity endorsements are also Global Industry Statistics on Online Gambling & Betting Market Size Will Grow to USD 100 Billion by 2026: Facts & Factors . Globe Newswire {{following ? "Following" : "Follow"}} January 06, 2021 6 The online gambling market size surpassed USD 55 billion in 2019 and is anticipated to grow at 16.5% CAGR between 2020 and 2026 owing to advent of several new technologies, such as AI, VR, cyborg, and machine learning. Justifiably, Nevada drives the route with $11,123,830 in 2015 with regards to US club betting, according to the latest statistics on online gambling. On the other hand, New Jersey has suffered some bad hits. Parts of New Jersey such as Atlantic City have seen gambling clubs go fully bankrupt as its club income has dropped from $5.2 million during 2006 to $2.5 million in 2015. The global online gambling market is anticipated to be valued at more than 92.9 billion U.S. dollars in 2023. The current size of the market is almost 59 billion U.S. dollars, meaning the size is...
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