Online Gambling Statistics

Online Gambling Statistics

Global Online Gambling Statistics show that a large portion of the world’s population plays online gambling at some point in their lives. This growth in gambling popularity has led to the creation of numerous new online casino sites. The online gambling industry is expected to grow to a value of $33 billion by 2025, an increase of $17 billion over the previous seven years. Chinese players account for the largest percentage of total gambling revenues. The following are some of the most important figures from the industry.

According to one study, more than 400,000 male youth participate in money-related gambling activities at least once a week. The number of those who gamble for real money has risen to over 1.7 million. It is estimated that this number is expected to rise to 2.7 million by 2022. This growth is a significant number, but there is still much room for improvement. This study was conducted by the Annenberg Adolescent Communication Institute, which found that a significant percentage of US youth gamble at least once a month or more often.

Another study shows that the incidence of online gambling has increased compared to last year. During the past four weeks, 39% of adults reported having gambled at some point. While online gambling increased from 1.5% to 2.3%, sports betting grew from 49% to 50%. More than half of the respondents said they gambled for fun, but this has not been the case for some time. The statistics also show that the younger generation, those aged between 18 and 24, are the most likely to engage in online gambling.