FACTS & FIGURES of Online Casino Business For 2023 !
“Explosive Growth and Revenue Projections: A Sneak Peek into the Online Casino Business for 2023”
As of 2023, the online casino business is set to experience significant growth and success. One notable fact is that the global online gambling market is expected to reach a market value of over $100 billion by 2023.
This immense growth can be attributed to various factors, including the increasing popularity of online casinos, technological advancements, and the accessibility offered by mobile gaming. Additionally, the global pandemic has also played a role in driving the online casino business forward, as consumers turned to online platforms for entertainment during lockdowns and social distancing measures.
With the increasing legalization and regulation of online gambling in various countries, the industry is poised for continued growth and innovation in the coming years.
According to one research, the online casino market worldwide is projected to have a revenue of US$95.05bn in 2023.
This is expected to result in a market volume of US$138.10bn by 2028, with an annual growth rate (CAGR 2023–2028) of 7.76%.
The number of users in the Online Casino market is expected to reach 243.2m users by 2028.
There is a huge growth possibility of online casino business for upcoming years.
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