![]() According to data released in 2022, in 2021, the US online gambling market was estimated to be worth $9.5 billion, $0.8 billion higher when compared to the previous year.The online sports betting market in the US is poised for continued growth and there are various researches and analyses that go to back this claim. The growing concerns about problem gambling and the increasing need for improved cybersecurity measures are also on the list of challenges the industry is up against. Sports betting operators are also on the search for innovative and attention-grabbing features that should make the punters’ experience all the more exciting.Īlthough the online sports betting market sees unprecedented growth, the industry still faces various challenges, including regulatory uncertainty. The improved Internet connectivity and proliferation of handheld devices have also fueled the growth of the industry. ![]() The online gambling market in the US is growing at an unseen speed and this is due to many factors, including the advancement in technology, increasing digitalization, and the growing trust in sports betting operators. The online sports betting industry appears to be poised for rapid growth, and it is therefore not surprising that more and more operators fight for market share.
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