Casino City's iGaming Pocket Directory - 2022 Edition

Gambling’s popularity is growing due to numerous factors, such as the spread of global internet, the proliferation of computers and smartphones, as well as increased legalization in key markets like the Asian Pacific region and the U.S. The COVID-19 outbreak has forced a shift in online gambling with the land-based sector heavily limited or shut down during much of 2020. The online gambling market was valued at $64.13 billion in 2020 to $72.02 billion in 2021 with an expected CAGR of 12% from 2021 to 2025, according to a study by TechNavio. The European Gaming and Betting Association (EGBA) said online gaming revenue across the EU-27 and U.K. markets is forecasted to rise from €24.5 billion in 2019 to €26.3 billion in 2020, reaching €37.3 billion in 2025. In 2018, mobile devices accounted for 64.4% of the online global gambling market, with advances in technology and the industry’s embracing mobile-responsive pages encouraging users, per Adroit Research. While the EGBA cited just 45.6% of gambling utilized mobile devices in 2020, it expected mobile to become the primary platform in the EU by 2022 and reach a 58.2% share in 2025. Another positive indicator for online gambling can be found in the U.K., with the UKGC reporting that remote gambling overtook its land-based counterpart for the period of April 2019-March 2020. And then in April 2020-March 2021, remote casino Casino Industry Overview 17 Sponsored by Visit iGamingPocketDirectory.com for more information. Casino

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