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    Default Report: Online gambling wagers will reach $1 trillion globally in 2022

    A new report from Juniper Research predicts that due to "a combination of increased uptake in digital products, coupled with new, positive regulation," online gambling wagers will reach a total of $1 trillion globally in 2022, while total online wagers are expected to reach $700 billion this year, up from just over $620 billion in 2017. The report says that

    From the press release:

    The new research, Mobile & Online Gambling: Casinos, Lotteries, Betting & VR 2018-2022, found that the online casino industry will drive a surge in wagers placed digitally, with this segment comprising over 40% of online wagers by 2022.

    This growth in the casino market will be aided by new technologies, as research author Lauren Foye explained: “We believe new channels, such as chatbots, have the potential to drive customer engagement, through delivery of personalised offers, alongside 24/7 player support.”

    Juniper believes that providers in the online gambling industry, particularly in the casino space, will increasingly offer engaging products to drive user adoption and player spend; Juniper forecasts online gambling users to almost double, reaching 684 million by 2022.

    Additionally, online gambling is seeing a raft of legislative changes. Whilst one of the most promising online markets, Australia, has seen poker ‘inadvertently’ banned (and thus providers depart), new opportunities are emerging across the globe.
    Read more here: http://www.gpwa.org/article/online-g...by-2022-224430
    Last edited by The Buzz; 13 February 2018 at 4:49 pm.

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    $1 trillion globally in 2022, that's unbelievable! Far out. That would certainly be a first for this industry. Though it's still a few years away yet.
    Last edited by Cash Bonus; 13 February 2018 at 3:42 pm.

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