Collaborative Post

Global market for online gambling forecast to continue growing


THE GLOBAL market for online gambling exhibited a strong performance through the years 2015 to 2018. 

A report by Business Wire estimated that the market will continue to grow at a healthy rate.

Image: Pexels/Jalil Shams

The report, ‘Global Online Gambling Market with Focus on the Sports Betting’ (2019-2023 Edition), provides an in-depth analysis of the global online gambling market, fueled by online betting providers such as Bet3000 sportwetten.

Growth drivers include the growth of mobile gambling, spike in internet penetration, rising ownership of mobile devices and a growing number of female online gamblers. 

One of the best online gambling sites in the UK was founded in 2018.

In spite of high growth, the market is still facing some challenges.

Some of the major challenges faced by the industry are: different attitudes and perceptions, reasons for opposing gambling and switching player habits.