Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. The industry also includes noncasino video machines. Operators in this industry offer legal gambling on lotteries, including draw lotteries, Lotto, Keno and scratch tickets, as well as wagering on official sporting events, including horse racing. Profit will also recover from the downturn, jumping to 14.1%. The industry has recovered, growing 2.8% in 2023 as restrictions subside. According to Custom Market Insights (CMI), The Online Gambling & Betting Market size was estimated at USD 58.2 Billion in 2021 and is expected to hit around USD. Even so, the pandemic cratered demand in 2020, causing the industry to drop at an expected CAGR of 0.7% to $242.0 billion through the current period. Growing demand for betting, easing regulations and rising per capita disposable income buoyed the industry. The industry has endured severe turbulence through 2023, especially during the pandemic. The Global Sports Betting and Lotteries industry consists of operations providing gambling services, including horse race betting, sports betting and lottery contests. Global Sports Betting & Lotteries - Industry Market Research Report
