The gambling industry is considered to be among the most flexible sectors of the world economy at present. It continuously shows the growth and a high rate of return on big investments, as well as introduces impressive innovative trends that have been in many ways ahead of even the most positive industry experts’ forecasts. In the following article, the Login Casino team will provide detailed information regarding the general market situation in 2020 and forecasts for 2025.
The global gambling market: the main reasons for its growth
In recent years, the global gambling market has been developing quite rapidly. The chart below provides data concerning Gross Gambling Yield of the world’s gambling market from 2001 to 2019. GGY is the amount of money retained by the industry’s operators after the payouts to winners but before the deduction of operation costs. As you can see below, since 2015, this figure has grown steadily.
And, according to experts and the research of LoginCasino.Org magazine, this trend will not change in 2020. A huge number of factors contribute to the continuous increase in the level of popularity of gambling activities in the world. They are: