Gambling related articles

Why the Online Gambling Industry Keeps Growing

From Steve Johnson.

February 2020.

Over the past few years, the gambling industry has grown at a huge rate. In fact, gambling is now being realized as a major contributor to the economic growth of a country worldwide. Forecasts are, by the time we get to the last quarter of 2020, the gambling industry would have reached 60 million. As a result, gambling becomes one of those really viable options for investors worldwide. A lot of things have contributed to this growth, which includes the growth in e-sports, the advancements in mobile gaming, and many others.

According to ever since the introduction of online gambling, the gambling sector has grown a lot and continues to grow rapidly. Back in 2015, the online gambling industry was actually pushing towards a profit of $40 million and by the time we got to 2018, it had actually doubled. Right now, it is forecasted that it will reach $60 billion by the end of 2020. This is quite a huge growth and it doesn't apply to online casinos only. We have actually witnessed quite a huge growth in land-based casinos too.

Growth of online casinos

There is no denying that online casinos are the driving force behind the growth. This is due to the convenience that the internet brings to gambling. With online gambling, all you will need is an internet connection to bet on your favorite games. This has seen a lot of potential markets for online casinos growing at a huge rate.

Mobile Gambling

The smartphone and tablet technology has brought about a lot of changes to the gambling world. Now, all a player needs is an internet connection in order to gamble online. This has resulted in unlimited access to gambling portals. In fact, people can now gamble at any time, from anywhere.


Lately, video game leagues that are highly competitive are growing quite rapidly. This has attracted some huge sponsorship deals, as well as huge crowds. This has also seen a lot of aus sports betting sportsbooks being attracted too, thereby contributing to the growth of the online gambling industry.


Article index


Note: Opinions expressed in the 'Articles' section of Smartgambler are those of the authors and are not implicitly endorsed by the owners of Smartgambler.




Home|FAQs|Disclaimer|Contact Us

©2000 to present. OZmium Pty Ltd. All rights reserved