Online gambling has seen a significant rise in popularity in recent years, with more and more people turning to the internet to place their bets and try their luck. The rise of online gambling has been a game-changer for the industry, with experts predicting that it will continue to grow in the coming years.
According to a report by Statista, the global online gambling market is expected to reach a value of $92.9 billion by 2023, up from $59 billion in 2020. This rapid growth can be attributed to several factors, including the increasing availability of high-speed internet and the widespread use of smartphones and other mobile devices.
One key figure in the online gambling industry is John Lefebvre, co-founder of the popular online poker site, Neteller. Lefebvre has been a vocal advocate for the industry, stating that “online gambling provides a safe and convenient way for people to enjoy their favorite games from the comfort of their own homes.”
Another expert, David Schwartz, director of the Center for Gaming Research at the University of Nevada, Las Vegas, has also weighed in on the rise of online gambling, noting that “the convenience and accessibility of online gambling have made it a popular choice for many players.”
With the growing popularity of online gambling, more and more countries are starting to regulate the industry to ensure player safety and fair play. In the United States, for example, several states have already legalized online gambling, with more expected to follow suit in the near future.
Overall, the rise of online gambling has had a profound impact on the industry, with experts predicting that it will continue to grow and evolve in the years to come. As more players turn to the internet to place their bets, the online gambling industry is set to become an even bigger player in the global economy.