The rising worldwide popularity of online gambling over the last decade can be attributed to various factors, including the widespread availability of global internet, the prevalence of computers and smartphones, and increased legalization in significant markets, particularly in the Asian Pacific region. The global online gambling market size was valued at $70.64 billion in 2023, according to Grand View Research, and is expected to grow at a compound annual growth rate of 11.7% from 2023 to 2030, reaching $153.57 billion. In Europe, online gaming revenue across the EU-27 and U.K. markets is forecasted to reach €37.3 billion by 2025, according to the European Gaming and Betting Association (EGBA), and the share of online bets from mobile devices (phones and tablets) was expected to take over betting from desktop computers for the first time in Europe, with 50.5% of online bets coming from mobile devices. The EGBA also expects mobile betting to be responsible for 61.5% of all online bets by 2026. In the U.K. alone, total GGY for the online market was £6.5 billion for the fiscal year to 31 March 2023, up 2.8% year on year (versus April 2021 to March 2022) and up 13.3% Casino Industry Overview 19 Sponsored by Visit iGamingPocketDirectory.com for more information. Casino
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