Rapid urbanization is one of the key factors driving the growth of the market, in addition to the increasing penetration of the internet across the globe. Online gambling alone is expected to exceed $114 billion in size before the end of this decade, with a compound annual growth rate of approximately 11% over the forecast period that runs up to 2028. According to a recent report, the market size of the casino and online gambling industry worldwide reached a total of $231 billion in 2021. The commercial casino industry has seen significant growth over the last few decades as licensed casinos have expanded to new markets and generated record-breaking revenue figures. Gambling is one of the biggest industries in the world. Teenagers engage in both regulated and non-regulated forms of gambling. Globally, gambling is perceived as a harmless or low-risk social activity for participants of all ages. A few examples include instant lotteries, Bingo, betting on billiards or pool, card games, and casino games. Gambling is generally referred to as a combination of consideration, risk, and a prize. Gambling, also known as betting, involves wagering something of value, with an uncertain outcome on the line. If you want to read about some more gambling countries, go directly to 5 Biggest Gambling Countries In The World. In this article, we discuss the 15 biggest gambling countries in the world.
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