U.S. Sports Betting Market Size & Trends in 2023, the U.S. accounted for over 15% of the sports betting market. The growing trends of digitalization, technological advancements, and the growing number of smartphone users have enabled sports betting operators to simplify their platforms and provide an enjoyable betting experience to users. Moreover, the relaxation in regulatory frameworks to regulate betting and gambling activities is also expected to offer lucrative opportunities for the industry. For instance, according to the U.S. Gaming Association, as of January 2023, sports betting is legal in 36 states. In 2021, it was legal in 32 states only. What’s your opinion?Share in the comments.
iGaming market growth
Overall there are 8,224 gambling companies in the world with the top 5 by market cap being Las Vegas Sands ($39.45bn), Flutter Entertainment ($36.83bn), Evolution Gaming ($28.03bn), DraftKings ($19.44bn) and Aristocrat ($18.57bn). The revenue projections show that the...