The online gambling industry has seen a huge surge in popularity in recent years, and it shows no signs of slowing down. There are several reasons for this boom, including the fact that more and more states are legalizing online gambling, and that the industry is becoming more mainstream.
The Online casino and gambling industry is worth a staggering $231 billion, with more than 5,300 establishments and one million employees. Experts predict that the market will grow to $876 billion by 2026, with the casino industry reaching $153.1 billion.
Online Gambling Growth Stats 2022
The online gambling industry is expected to continue to grow at a rapid pace in the next few years. Some estimates show that the industry will be worth over $30 billion by 2022.
This growth is good news for both players and casinos, as it means there will be even more choices when it comes to where to gamble online.
Top Online Betting companies in the USA
This online gambling guide provides players with information on the best casinos and sportsbooks in the USA. The site also has a blog that covers industry news and gambling tips.
This online casino offers a huge range of games, including slots, table games, video poker, and live dealer games. They also have a sportsbook and racebooks.
This online gambling site offers casino games, poker, and sports betting. They also have a mobile app that players can use to gamble on the go.
This online sportsbook offers betting on all major US sports, as well as international events. They also have an online casino with over 200 games.
UK Casino Industry Statistics
6 out of 10 people in the UK see gambling advertising at least once a week. 56 percent said they had seen adverts on posters and billboards, while 45% read about the industry in the newspaper. 6 out of 10 people in the UK have come across gambling advertisements at least once every week.
The UK has a gambling addiction problem, but it is less severe than in other countries. The number of people living with a gambling addiction in the United Kingdom has decreased by half over the past decade (from 0.5% to 0.3%). Men are more likely to gamble than women. 43.5% of males have gambled before, as opposed to 39.8% of females who have done so recently (in the last year).
When compared to other age groups, the 45-54 year old group has the highest number of gamblers. If you’re a UK resident eager to gamble but don’t know where to start, these are some of the best casinos for UK citizens!
US Casino Industry Statistics
The United States gambling market is valued at $261 billion. It provides over 1.8 million people with employment and is predicted to reach $262.4 by 2026. To put this into perspective, Las Vegas hosted 292,000 jobs in the hospitality and leisure industry before 2020.
However, due to the Covid-19 pandemic casinos have been struggling worldwide; 45,600 working days were lost in the US commercial casinos industry leading to huge financial losses e_g.$193 million dollars in New Mexico alone which saw the biggest drop of 78%. This was contrasted by South Dakota whose casinos only lost a meagre 4.5% equating to 5 million dollars.
The three largest casino marketplaces in the United States:
- Las Vegas which is worth > $3.65 billion
- Atlantic City which is worth > $1.4 billion
- Baltimore-Washington which is worth > $1.31 billion
Online Casino Statistics
During the pandemic’s global spread, land-based casinos were forced to close down. As a result, while some people tried crocheting, others engaged in the world of gambling.
The latest data from 2022 shows that 2,000 online casinos are generating a combined total of more than $10 billion in annual revenue.
The top three casinos in the industry are:
- Flutter Group is worth > $5.28 billion
- GVC Holdings is worth > $4 billion
- Bet365 is worth > $3.5 billion
Understandably, the majority of online gambling players (96%) prefer to play from home. After all, it’s more comfortable to gamble in your own space – and you can still win money playing the same casino games you would at a physical location.
According to a recent study, 55% of users said they gamble on their mobile phone because it is more portable than other devices. Out of that group, 12% said they prefer to gamble while commuting, as it makes the bus or train rides much more bearable.
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