Data from Juniper Research has found that the value of online gambling bets soared from just over $550 billion to nearly $950+ billion in 2021. Wager levels were expected to exceed $1 trillion total spend on all digital goods and services for the first time in 2021. Juniper’ s latest research, Mobile Gaming & Online Gambling: Casinos, Lotteries, Betting & VR 2016-2021, found that gambling activities were increasingly migrating to the online environment, with the majority of net growth attributable to users of mobile channels. It also argued that new technologies such as VR would provide a further stimulus to the…
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