The Online Gambling Market is expected to grow from USD 57.36 billion in 2021 to USD 122.50 billion by 2028 at a healthy CAGR of 11.39% during the forecast period of 2022-2028. Online gambling, also referred to as online betting or internet gambling consists of a wide range of online games. It refers to any kind of gambling conducted on the internet. The players can participate in bets related to living sports or other related events to win prizes or money. It includes virtual poker, sports betting, and casinos. Online betting platforms, mobile applications, and websites are gaining popularity across the globe.
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