The online gambling market, valued at approximately $63.5 billion in 2020, is projected to grow to about $153 billion by 2028, driven by increased acceptance.
Regulatory bodies are enhancing oversight in the expanding online gambling market, causing compliance costs to potentially consume up to 15% of an operator's revenue.
The rise of mobile gaming has transformed player engagement, making online gambling more accessible than ever and significantly influencing market growth.
As regulations toughen, small operators face challenges leading to consolidation, but opportunities remain through alternatives such as non GamStop casinos, which offer safe gambling options.
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