If you want to know how much money online gambling generates, you should look at online gambling statistics. Although the gambling industry is huge and regulated in most countries, it is also a global one that is rapidly expanding online. By studying gambling statistics, you can learn about the world’s largest gamblers and the percentage of online gambling. You can also gain a better understanding of the customers who gamble online. This information is important for both new and seasoned gambling enthusiasts alike.
Despite the challenges of the global economic downturn, the gambling industry has managed to adapt. According to the latest statistics, over 3% of the US population gambles online. In the UK, the percentage is closer to 17%. The industry in the UK alone is worth over 5.3 billion pounds. In the United States, revenues from online gambling reached 306.5 billion dollars in 2018.
While online gambling statistics show that online gambling is popular around the world, it is still not without its risks. More than half of gamblers (55%) use mobile devices to play. A significant proportion of people play while commuting, and 8% prefer to gamble at a sports venue or pub. While online gambling may be enjoyable, it is also risky and can be detrimental to both the player and his or her computer. Sadly, over 10 million people in the United States suffer from gambling addiction. Even though online gambling statistics don’t seem to show much of a direct effect on these individuals, gambling is still a risky activity for many.
The UK is one of the fastest growing gambling markets, and the number of millennials and Gen X gamblers is increasing. In fact, the gambling industry in the UK is worth PS14.4 billion in 2018, and around 32% of the population gambles at least once a week. Despite this, Canada is one of the most liberal gambling markets in the world, with casino revenues rising 4.9% in 2017.