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Author Topic: How Big is the online gambling industry today?  (Read 2966 times)
Smartvirus
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August 18, 2023, 11:44:38 PM
 #381

Online gambling has been the next revolution towards money making and entertainment right from tbe comfort of your home, no prejudice, no fear of being judged, written off and not getting into nasty conflicts that could result in a gambling house. These cuts across all of those uglies to present to you what you seek.
This has been the bases that enabled the industry to thrive. The industry has seen several expansions since then with the introduction of bots to simulate what is obtainable in the physical with the exception of a physical presence and when the metaverse is fully developed, you could only imagine what it would be for the gambling industry. We would see it explode into some billion dollar business that would take be ignored by both government and investors with a mindset of making a fortune.

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August 19, 2023, 06:18:17 AM
 #382

The industry keeps getting bigger and bigger since more places now accept gambling.
Gambling has been since the prehistoric era; the only difference between back then and today is the easily accessible method from gamblers online. It is relatively easy for viewers to see as well as comprehend all of the essential subsections. Online is primarily what every gambler with smart phones and laptops concentrates on; there is no pressure and one can place wagers on games without leaving the house; losses and profits are faced in solitude. gambling is extensive and the online sector, as well as specific online gaming, is growing in popularity. It is rapidly propagating throughout the system.
Yes gambling has been going on since ancient times. Now everything is digital and gambling can be done very easily through many digital site. Earlier if someone gambled then almost all people would know that he is addicted to gambling. But now if someone gambles no one can go digital. Gambling  Gaming has become very easy now it was very difficult in earlier days gambling was not digital which had to face many hurdles. Now being digital one can enjoy many opportunities.

You can get addicted without a notice by someone close to you, just like what you said, you can just play at home with your device
as gambling is already digital.

Unlike before, where you can only play offline and you needed to go to local casino to gamble
and it's noticeable as someone who may catch you while you are inside the casino, that kind
of innovation really creates easy and quick access to gambling.
The truth is that gambling currently exerts a great sense of entertainment for many and for others it is like an outlet to get money quickly and without much effort, but it is something that I do not recommend, because earning money through a casino is the most risky that can be done, the truth is that I do not recommend it under any circumstances, in this aspect things can change for better or for worse, as a lesson that can be taken by many to be careful when it comes to casinos, for this reason I think that when a person has some addiction problem, it should be treated as soon as possible so that it does not progress, is the idea, if we allow this to progress, it is possible that some things get out of control, especially the control of our life, of our family and a series of things that unleashes an uncontrolled addiction.

Casinos are currently a very lucrative business model, which when done well, can give enormous profits, but not everything is rosy, and there are many liquid money inflows, no, a casino requires a lot of effort, I spend on many aspects, especially security, AI, and everything that can be developed under a scheme that can currently be called tools.

An ordinary person, who works, who depends on a salary, when discovering a good casino, gets excited, because in that casino, through the games, they can get peace of mind, zero stress, and apart from that, a different way of betting, then the Current casinos become or are in a large stratum, for me it is experiencing exponential growth, apart from those casinos that allow sports betting, they handle very large amounts of money, for this reason I see this industry as one of the most profitable, because it was the only one that did not stop during the pandemic, on the contrary, it was promoted, (online casinos) and this generated more money inflows, so for me this will continue to grow as time goes by.

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August 19, 2023, 12:04:07 PM
 #383

Online gambling has been the next revolution towards money making and entertainment right from tbe comfort of your home, no prejudice, no fear of being judged, written off and not getting into nasty conflicts that could result in a gambling house. These cuts across all of those uglies to present to you what you seek.
This has been the bases that enabled the industry to thrive. The industry has seen several expansions since then with the introduction of bots to simulate what is obtainable in the physical with the exception of a physical presence and when the metaverse is fully developed, you could only imagine what it would be for the gambling industry. We would see it explode into some billion dollar business that would take be ignored by both government and investors with a mindset of making a fortune.
The gambling business is now a multi-billion dollar business that is still a concern for the government to be able to benefit from the permits that the government has given to the many casinos in their city. And with the development of the gambling industry, the government feels that the income from this gambling business can increase in the future because there are many rich people who still want to gamble even though they can gamble in online casinos. They will still go to offline casinos and play with friends while discussing business matters. And the casinos will get a bigger benefit because in terms of income, the casinos will get a lot of money from the gamblers.

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August 19, 2023, 12:12:13 PM
 #384

Online gambling has been the next revolution towards money making and entertainment right from tbe comfort of your home, no prejudice, no fear of being judged, written off and not getting into nasty conflicts that could result in a gambling house. These cuts across all of those uglies to present to you what you seek.
This has been the bases that enabled the industry to thrive. The industry has seen several expansions since then with the introduction of bots to simulate what is obtainable in the physical with the exception of a physical presence and when the metaverse is fully developed, you could only imagine what it would be for the gambling industry. We would see it explode into some billion dollar business that would take be ignored by both government and investors with a mindset of making a fortune.
The gambling business is now a multi-billion dollar business that is still a concern for the government to be able to benefit from the permits that the government has given to the many casinos in their city. And with the development of the gambling industry, the government feels that the income from this gambling business can increase in the future because there are many rich people who still want to gamble even though they can gamble in online casinos. They will still go to offline casinos and play with friends while discussing business matters. And the casinos will get a bigger benefit because in terms of income, the casinos will get a lot of money from the gamblers.

In where I am the offline gambling industry is doing better than the online,at least from what I see and because of people being about doubtful for the online gambling.To all my friends I have converted them to online players as I showed them with proof that the games that they were playing from providers like Admiral,Aristocrat and a couple of other providers are not worthy when I showed them the x10000 and up winnings from Pragmatic and others.

So yes the online gambling industry is probably everywhere except in Las Vegas and Maccau much bigger than that offline because of the ease of access to such platforms and somewhat of pseudo anonymity when you are playing online.

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August 19, 2023, 12:15:58 PM
 #385

The gambling business is now a multi-billion dollar business that is still a concern for the government to be able to benefit from the permits that the government has given to the many casinos in their city. And with the development of the gambling industry, the government feels that the income from this gambling business can increase in the future because there are many rich people who still want to gamble even though they can gamble in online casinos. They will still go to offline casinos and play with friends while discussing business matters. And the casinos will get a bigger benefit because in terms of income, the casinos will get a lot of money from the gamblers.

This industry will keep on growing and there won't be an end to it. Lately after Apple's announcement of VR headset I feel a new wave of online VR casinos would be coming up. As we known gambling industry does have a reputation of quickly adopting new and emerging technologies. I am hoping they would quickly adapt to this emerging tech in order to enhance user experience. That being said we would see a decline in customer base of physical casino after the launch. It does make sense as to why would anyone visit a physical casino wherein you can experience it at your home. AI would play a crucial part in making VR more interactive and secure in the coming years. It is just the beginning of online gambling, it is going to grow by ten folds in the future.
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August 19, 2023, 12:32:00 PM
 #386

Online gambling is a billion dollar industry. Even the country that doesn't have the perfect regulatory compliance makes billion dollar revenue. This is the reason we were able to see countries that doesn't ban gambling completely.
Gambling is now a common game.  So now almost most of the people in the age group of 15-50 are addicted to gambling. Especially the youth are deeply addicted to it.  All gamblers are losing money gambling and the gambling industry is taking in billions of dollars.  The gambling industry is so addictive that people who are addicted to gambling lose control over themselves. So it can be said that the gambling industry is very big now. on the other hand, Gamblers are completely destitute
It is true that the gambling industry is very big and it has been going on for ages. Gambling is a very old and popular form of entertainment in most countries of the world. But addiction is a bad thing so you have to learn to control yourself the interest of the young generation is high, but the elderly are not far behind. Not only online, these days many people are getting rich by gambling in other ways as well. However, with the advancement of technology, more people participate in online gambling than other forms of gambling. Many people can't quit gambling despite making money and many obstacles despite many attempts to stay away from gambling addiction many people end up not being able to stay away from gambling.

.
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August 19, 2023, 02:07:48 PM
 #387

Online gambling is a billion dollar industry. Even the country that doesn't have the perfect regulatory compliance makes billion dollar revenue. This is the reason we were able to see countries that doesn't ban gambling completely.
Gambling is now a common game.  So now almost most of the people in the age group of 15-50 are addicted to gambling. Especially the youth are deeply addicted to it.  All gamblers are losing money gambling and the gambling industry is taking in billions of dollars.  The gambling industry is so addictive that people who are addicted to gambling lose control over themselves. So it can be said that the gambling industry is very big now. on the other hand, Gamblers are completely destitute
It is true that the gambling industry is very big and it has been going on for ages. Gambling is a very old and popular form of entertainment in most countries of the world. But addiction is a bad thing so you have to learn to control yourself the interest of the young generation is high, but the elderly are not far behind. Not only online, these days many people are getting rich by gambling in other ways as well. However, with the advancement of technology, more people participate in online gambling than other forms of gambling. Many people can't quit gambling despite making money and many obstacles despite many attempts to stay away from gambling addiction many people end up not being able to stay away from gambling.
Gambling is very popular, but earlier there were only physical casinos for gambling then gambling was not very popular.  But ever since a huge industry of online gambling has developed, everyone's interest in it has increased, because now there is no need to go to a specific place to gamble. And gambling with crypto is much easier.  Because there is no hassle of banking or limits to deposit and withdraw money, it is becoming more and more popular day by day. and it’s  industry is very big.


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August 19, 2023, 04:37:46 PM
 #388

Online gambling is a billion dollar industry. Even the country that doesn't have the perfect regulatory compliance makes billion dollar revenue. This is the reason we were able to see countries that doesn't ban gambling completely.
Gambling is now a common game.  So now almost most of the people in the age group of 15-50 are addicted to gambling. Especially the youth are deeply addicted to it.  All gamblers are losing money gambling and the gambling industry is taking in billions of dollars.  The gambling industry is so addictive that people who are addicted to gambling lose control over themselves. So it can be said that the gambling industry is very big now. on the other hand, Gamblers are completely destitute
It is true that the gambling industry is very big and it has been going on for ages. Gambling is a very old and popular form of entertainment in most countries of the world. But addiction is a bad thing so you have to learn to control yourself the interest of the young generation is high, but the elderly are not far behind. Not only online, these days many people are getting rich by gambling in other ways as well. However, with the advancement of technology, more people participate in online gambling than other forms of gambling. Many people can't quit gambling despite making money and many obstacles despite many attempts to stay away from gambling addiction many people end up not being able to stay away from gambling.
Gambling is very popular, but earlier there were only physical casinos for gambling then gambling was not very popular.  But ever since a huge industry of online gambling has developed, everyone's interest in it has increased, because now there is no need to go to a specific place to gamble. And gambling with crypto is much easier.  Because there is no hassle of banking or limits to deposit and withdraw money, it is becoming more and more popular day by day. and it’s  industry is very big.

Since the pandemic more and more online casinos are launching and even our retailed CBDC wallet can be used on it. They will start competing with the crypto casinos since they can easily make online users adopt especially because regular people can just use the usual wallet recommended by the governments. There are several online local casinos swarming the local forums, kind of known already to my neighbors.

This industry is not stopping, it's gonna get bigger than the newer industries like AI.


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August 20, 2023, 04:24:04 AM
 #389

In where I am the offline gambling industry is doing better than the online,at least from what I see and because of people being about doubtful for the online gambling.To all my friends I have converted them to online players as I showed them with proof that the games that they were playing from providers like Admiral,Aristocrat and a couple of other providers are not worthy when I showed them the x10000 and up winnings from Pragmatic and others.

So yes the online gambling industry is probably everywhere except in Las Vegas and Maccau much bigger than that offline because of the ease of access to such platforms and somewhat of pseudo anonymity when you are playing online.
When you show a win of x10000 and above from Pragmatic, they will probably think how easy it is for someone to win big money from an online casino. They will start to learn how to play in online casinos and may come to you later to ask more questions.

Offline casinos are still running because they still have fans so the offline gambling business will not die. Apart from that, the number of offline gamblers will also increase because each person will choose where they will play gambling. And when they are shown that there is even an online casino, they will not immediately switch to playing gambling through online casinos but still use offline casinos.

This industry will keep on growing and there won't be an end to it. Lately after Apple's announcement of VR headset I feel a new wave of online VR casinos would be coming up. As we known gambling industry does have a reputation of quickly adopting new and emerging technologies. I am hoping they would quickly adapt to this emerging tech in order to enhance user experience. That being said we would see a decline in customer base of physical casino after the launch. It does make sense as to why would anyone visit a physical casino wherein you can experience it at your home. AI would play a crucial part in making VR more interactive and secure in the coming years. It is just the beginning of online gambling, it is going to grow by ten folds in the future.
Every new technological development will always be adjusted to each business industry and see which ones they can use to support their business work. If VR headsets have started to appear and are used, online VR casinos may appear but that will also depend on the headset's price because if the headset is still expensive, people may not want to buy it. People adopt new technologies according to the funds they have and if the price doesn't match the funds, they will wait for further developments. But even though online casinos may be able to grow tenfold, physical casinos will still be with us because people still love physical casinos.

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August 20, 2023, 07:21:15 AM
 #390

Online gambling is a billion dollar industry. Even the country that doesn't have the perfect regulatory compliance makes billion dollar revenue. This is the reason we were able to see countries that doesn't ban gambling completely.
Gambling is now a common game.  So now almost most of the people in the age group of 15-50 are addicted to gambling. Especially the youth are deeply addicted to it.  All gamblers are losing money gambling and the gambling industry is taking in billions of dollars.  The gambling industry is so addictive that people who are addicted to gambling lose control over themselves. So it can be said that the gambling industry is very big now. on the other hand, Gamblers are completely destitute
It is true that the gambling industry is very big and it has been going on for ages. Gambling is a very old and popular form of entertainment in most countries of the world. But addiction is a bad thing so you have to learn to control yourself the interest of the young generation is high, but the elderly are not far behind. Not only online, these days many people are getting rich by gambling in other ways as well. However, with the advancement of technology, more people participate in online gambling than other forms of gambling. Many people can't quit gambling despite making money and many obstacles despite many attempts to stay away from gambling addiction many people end up not being able to stay away from gambling.
Gambling has become a culture in almost all countries, but there are only a few countries that have legalized gambling and have been considered a legitimate business by the local government, but the development of the gambling industry has experienced significant development or improvement very rapidly starting when there was a covid pandemic a few years ago and coupled with increasingly advanced technological developments.
But unfortunately the development of the online gambling industry has had some negative impacts for those who cannot use and act wisely or responsibly.
The saddest thing is that there are many minors who should be able to focus on learning to think about the future and playing with their friends, but now they are familiar with gambling and have become one of the biggest gambling fans.

I admit that gambling is an activity that cannot be separated from of society in all walks of life, but when many underage children start to enjoy gambling, this is very concerning and should not be ignored.

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August 20, 2023, 02:35:37 PM
 #391

It is very interesting that when OP made this thread the numbers were at USD 63.53 billion in 2022 but in the same last year there was a big increase in that number, it increased from USD 63.53 billion to over 90 billion in 2022, it was an increase of 27 billion US dollars, and a lot of money. this shows how this industry is growing at a very high pace, so we will see governments putting much more restrictive measures to reduce or prevent people from seeing a lot of gambling addicts on the streets because it could bring serious problems to governments, such as example with an increase in the number of gambling addicts there would be an increase in suicide cases, cases of theft

cases of a larger number of drug users, cases of a large number of people with depression, cases of a large number of people stealing at work and at home and also stealing from relatives' houses so they can play, because when you have a big increase of money circulating in the gambling market, so it means that there is also a big increase in the number of people who are losing money and also as a consequence there is a very large number of people becoming addicted. in this article:

https://www.gminsights.com/industry-analysis/online-gambling-market

we can see that market value of gambling has increased a lot


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August 20, 2023, 08:40:35 PM
 #392

How big it is ? I don't think we can measure how much the gambling industry is worth today but we can say for sure that they are everywhere , in every sport , in every team. This boom happened since 2015 when a lot of bookies have been founded and since then , I don't remember any big casino or sport bookies who had financial problems or any similarities with this.

Lately , we can see more and more esports teams being sponsored by betting houses but this will help the esports industry grow a bit more faster even if a lot of esports fans are not pleased.
It's quite clear that it has become significantly big, particularly over the past couple of years. The growth has been insane especially with the start of online gambling sites accepting crypto. As you mentioned, It's very obvious how sports teams sponsor these gambling sites. Whether it's football or basketball ..etc, these sponsorships are visible on TV. Even in esports, you can notice that teams are sponsored by betting houses as you mentioned earlier as well.

So I think this industry is already very big and imho It'll grow much more in the next few years.

The industry is so big now especially online to the point that platforms and engagement could be just One Tap Away from winning or taking jackpots. If there is any recession in the future, it only relies on the owner's capability to handle deep challenges on the circulation of their money and funds to operate. It is already big that I no longer see it without.

The industry keeps getting bigger and bigger since more places now accept gambling.
Gambling has been since the prehistoric era; the only difference between back then and today is the easily accessible method from gamblers online. It is relatively easy for viewers to see as well as comprehend all of the essential subsections. Online is primarily what every gambler with smart phones and laptops concentrates on; there is no pressure and one can place wagers on games without leaving the house; losses and profits are faced in solitude. gambling is extensive and the online sector, as well as specific online gaming, is growing in popularity. It is rapidly propagating throughout the system.
Yes gambling has been going on since ancient times. Now everything is digital and gambling can be done very easily through many digital site. Earlier if someone gambled then almost all people would know that he is addicted to gambling. But now if someone gambles no one can go digital. Gambling  Gaming has become very easy now it was very difficult in earlier days gambling was not digital which had to face many hurdles. Now being digital one can enjoy many opportunities.

There's so much opportunities online taht many people suffers where to participate. That sums up how big the gambling industry is now.

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August 23, 2023, 11:38:52 AM
 #393

The gambling business is now a multi-billion dollar business that is still a concern for the government to be able to benefit from the permits that the government has given to the many casinos in their city. And with the development of the gambling industry, the government feels that the income from this gambling business can increase in the future because there are many rich people who still want to gamble even though they can gamble in online casinos. They will still go to offline casinos and play with friends while discussing business matters. And the casinos will get a bigger benefit because in terms of income, the casinos will get a lot of money from the gamblers.

This industry will keep on growing and there won't be an end to it. Lately after Apple's announcement of VR headset I feel a new wave of online VR casinos would be coming up. As we known gambling industry does have a reputation of quickly adopting new and emerging technologies. I am hoping they would quickly adapt to this emerging tech in order to enhance user experience. That being said we would see a decline in customer base of physical casino after the launch. It does make sense as to why would anyone visit a physical casino wherein you can experience it at your home. AI would play a crucial part in making VR more interactive and secure in the coming years. It is just the beginning of online gambling, it is going to grow by ten folds in the future.

Yeah right, with that kind of emerging technology casino base experienced can be feel using that kind of devices, it will surely affect the offshore businesses as for sure online gamer will take that advantage.

We might see more new technology and like what you said, gambling industry will continue to
progress and more adoptions will take place. It will ride with how the technology will offer and
always find ways to take the edge.
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August 24, 2023, 02:12:32 PM
 #394

This industry will keep on growing and there won't be an end to it. Lately after Apple's announcement of VR headset I feel a new wave of online VR casinos would be coming up. As we known gambling industry does have a reputation of quickly adopting new and emerging technologies. I am hoping they would quickly adapt to this emerging tech in order to enhance user experience. That being said we would see a decline in customer base of physical casino after the launch. It does make sense as to why would anyone visit a physical casino wherein you can experience it at your home. AI would play a crucial part in making VR more interactive and secure in the coming years. It is just the beginning of online gambling, it is going to grow by ten folds in the future.
Yeah right, with that kind of emerging technology casino base experienced can be feel using that kind of devices, it will surely affect the offshore businesses as for sure online gamer will take that advantage.

We might see more new technology and like what you said, gambling industry will continue to
progress and more adoptions will take place. It will ride with how the technology will offer and
always find ways to take the edge.
Technology improving definitely has a big positive effect on gambling for the long term without a doubt. I understand that not a lot of people could have that kind of approach to it, but they should because it definitely helps a lot of people to do better on the long run as well. I get that it is not going to be that easy but as long as you keep doing it, there is nothing wrong with it.

Tech improving means that gambling will get a lot more wider to everyone. Even the simplest thing we do not consider as a big deal has bigger impact than we think, all because we think it's natural. The fact that you can gamble on your mobile phone is such a big deal, but we consider it normal, it is not normal and that invention has made it insanely more popular.

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August 24, 2023, 03:50:25 PM
 #395

This industry will keep on growing and there won't be an end to it. Lately after Apple's announcement of VR headset I feel a new wave of online VR casinos would be coming up. As we known gambling industry does have a reputation of quickly adopting new and emerging technologies. I am hoping they would quickly adapt to this emerging tech in order to enhance user experience. That being said we would see a decline in customer base of physical casino after the launch. It does make sense as to why would anyone visit a physical casino wherein you can experience it at your home. AI would play a crucial part in making VR more interactive and secure in the coming years. It is just the beginning of online gambling, it is going to grow by ten folds in the future.
Yeah right, with that kind of emerging technology casino base experienced can be feel using that kind of devices, it will surely affect the offshore businesses as for sure online gamer will take that advantage.

We might see more new technology and like what you said, gambling industry will continue to
progress and more adoptions will take place. It will ride with how the technology will offer and
always find ways to take the edge.
Technology improving definitely has a big positive effect on gambling for the long term without a doubt. I understand that not a lot of people could have that kind of approach to it, but they should because it definitely helps a lot of people to do better on the long run as well. I get that it is not going to be that easy but as long as you keep doing it, there is nothing wrong with it.

Tech improving means that gambling will get a lot more wider to everyone. Even the simplest thing we do not consider as a big deal has bigger impact than we think, all because we think it's natural. The fact that you can gamble on your mobile phone is such a big deal, but we consider it normal, it is not normal and that invention has made it insanely more popular.

Yeah, that kind of invention that brings gambling closer to everyone. I mean, those who wanted to play can quickly process it
by means of any devices that can open the Internet or connect to the internet.

Not by far, as virtual access is now being developed, we will enjoy our stay even we are just playing online,
the pleasure that it can bring, a real-time access that lets you feel that you are almost playing inside the
atmosphere of an offshore casino,.
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August 24, 2023, 04:48:34 PM
 #396

It is very interesting that when OP made this thread the numbers were at USD 63.53 billion in 2022 but in the same last year there was a big increase in that number, it increased from USD 63.53 billion to over 90 billion in 2022, it was an increase of 27 billion US dollars, and a lot of money. this shows how this industry is growing at a very high pace, so we will see governments putting much more restrictive measures to reduce or prevent people from seeing a lot of gambling addicts on the streets because it could bring serious problems to governments, such as example with an increase in the number of gambling addicts there would be an increase in suicide cases, cases of theft

cases of a larger number of drug users, cases of a large number of people with depression, cases of a large number of people stealing at work and at home and also stealing from relatives' houses so they can play, because when you have a big increase of money circulating in the gambling market, so it means that there is also a big increase in the number of people who are losing money and also as a consequence there is a very large number of people becoming addicted. in this article:

https://www.gminsights.com/industry-analysis/online-gambling-market

we can see that market value of gambling has increased a lot


A lot of money in gambling platform and keep increasing every years, its matching with how progress of advertising with gambling platform and spent much money for paying top football teams to advertise with their gambling platform. OP publish clearly with  USD 63.53 billion running in gambling platform and looks for 2023 will raise more bigger amount. Every day has new comer create their account in gambling platform and actually will huge amount added every years in gambling platform business. Its seems more profitable for gambling platform owner and they will earn much money from you deposit fund or your loss.

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klidex
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August 24, 2023, 10:26:33 PM
 #397

It is very interesting that when OP made this thread the numbers were at USD 63.53 billion in 2022 but in the same last year there was a big increase in that number, it increased from USD 63.53 billion to over 90 billion in 2022, it was an increase of 27 billion US dollars, and a lot of money. this shows how this industry is growing at a very high pace, so we will see governments putting much more restrictive measures to reduce or prevent people from seeing a lot of gambling addicts on the streets because it could bring serious problems to governments, such as example with an increase in the number of gambling addicts there would be an increase in suicide cases, cases of theft

cases of a larger number of drug users, cases of a large number of people with depression, cases of a large number of people stealing at work and at home and also stealing from relatives' houses so they can play, because when you have a big increase of money circulating in the gambling market, so it means that there is also a big increase in the number of people who are losing money and also as a consequence there is a very large number of people becoming addicted. in this article:

https://www.gminsights.com/industry-analysis/online-gambling-market

we can see that market value of gambling has increased a lot


A lot of money in gambling platform and keep increasing every years, its matching with how progress of advertising with gambling platform and spent much money for paying top football teams to advertise with their gambling platform. OP publish clearly with  USD 63.53 billion running in gambling platform and looks for 2023 will raise more bigger amount. Every day has new comer create their account in gambling platform and actually will huge amount added every years in gambling platform business. Its seems more profitable for gambling platform owner and they will earn much money from you deposit fund or your loss.
Almost every day the increase in the number of gamblers and also the increase in the number of gambling businesses will continue to increase when technological developments are increasingly sophisticated and currently online gambling is one of the best solutions for those who want to have fun at gambling without having to show their identity to other people, which means like when we gamble without anyone around knowing about our gambling activities and also a gambler who comes from a country where gambling is prohibited can still gamble through online sites so that online gambling will continue to increase every year.
One of the facts that is currently happening is that there are more and more gambling advertisements that can attract the attention of people out there to try gambling like some time ago when my neighbor was not a gambler after seeing a lot of slot game advertisements he had the thought if it was very easy to get money from slot games even though the thought is wrong but it has indeed become the target of the ad showing a big win that can attract people out there thinking about something big from gambling even though it will eventually lose.

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Wakate
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August 24, 2023, 10:36:09 PM
 #398

It is very interesting that when OP made this thread the numbers were at USD 63.53 billion in 2022 but in the same last year there was a big increase in that number, it increased from USD 63.53 billion to over 90 billion in 2022, it was an increase of 27 billion US dollars, and a lot of money. this shows how this industry is growing at a very high pace, so we will see governments putting much more restrictive measures to reduce or prevent people from seeing a lot of gambling addicts on the streets because it could bring serious problems to governments, such as example with an increase in the number of gambling addicts there would be an increase in suicide cases, cases of theft

cases of a larger number of drug users, cases of a large number of people with depression, cases of a large number of people stealing at work and at home and also stealing from relatives' houses so they can play, because when you have a big increase of money circulating in the gambling market, so it means that there is also a big increase in the number of people who are losing money and also as a consequence there is a very large number of people becoming addicted. in this article:

https://www.gminsights.com/industry-analysis/online-gambling-market

we can see that market value of gambling has increased a lot


A lot of money in gambling platform and keep increasing every years, its matching with how progress of advertising with gambling platform and spent much money for paying top football teams to advertise with their gambling platform. OP publish clearly with  USD 63.53 billion running in gambling platform and looks for 2023 will raise more bigger amount. Every day has new comer create their account in gambling platform and actually will huge amount added every years in gambling platform business. Its seems more profitable for gambling platform owner and they will earn much money from you deposit fund or your loss.
The gambling industry is growing faster than the way it was before. By the time 2030, the gaming and gambling industry will worth more than $500 billion because there are more people that are going into gambling everyday making it to expand with time. More casinos and gambling platforms are coming up almost every month expanding the market and attracting new gamblers into the market. I hope many gamblers will not end up becoming an addict with time and because of that the government will not frown at Gambling looking at the effect it could have on citizens.

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August 24, 2023, 10:45:18 PM
 #399

It is very interesting that when OP made this thread the numbers were at USD 63.53 billion in 2022 but in the same last year there was a big increase in that number, it increased from USD 63.53 billion to over 90 billion in 2022, it was an increase of 27 billion US dollars, and a lot of money. this shows how this industry is growing at a very high pace, so we will see governments putting much more restrictive measures to reduce or prevent people from seeing a lot of gambling addicts on the streets because it could bring serious problems to governments, such as example with an increase in the number of gambling addicts there would be an increase in suicide cases, cases of theft
~

If you look at simple numbers, the industry is growing really fast. But what if we adjust for inflation? Plus, an amendment to the fact that many people began to sit online more than offline (after covid, many even refuse to return to the office because they realized that remote work is what they need). Maybe with these amendments the growth rate will not seem so gigantic, but the governments, of course, are interested in exposing the case so that without their intervention there will be a total infection of all with gambling addiction  Grin

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I am terrible at Fantasy Football!!!


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August 25, 2023, 08:31:53 PM
 #400

Gambling is very popular, but earlier there were only physical casinos for gambling then gambling was not very popular.  But ever since a huge industry of online gambling has developed, everyone's interest in it has increased, because now there is no need to go to a specific place to gamble. And gambling with crypto is much easier.  Because there is no hassle of banking or limits to deposit and withdraw money, it is becoming more and more popular day by day. and it’s  industry is very big.
Many people were also worried with the stigma that gambling carried at the time, so if a person that you knew saw you entering a casino then suddenly the whole town will know about it and they could begin to discriminate against you, however online gambling protects you against the prying eyes of those people, as now you can gamble from your home and unless you go out of your way to tell people that you gamble then no one is ever going to be able to find out that you do.

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