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Online Gambling Popularity is on the Rise at Record Pace

Online Gambling Popularity is on the Rise at Record PaceThere is nothing like the thrill and excitement when placing a bet at a casino.  Whether you play blackjack, roulette or slot machines; we all enjoy the thrill of gambling.  Just knowing that you could win or lose with the roll of a dice or the pull of a lever has made gambling what it is today.  This is why online gambling popularity is on the rise at a record pace.  Industry experts expect revenue from online gambling to overtake traditional casinos in the next 20 years.

The online gambling segment of the industry currently has a steady annual growth rate of 10.81% CAGR.  If it continues at this pace, the industry will have over 45% of the total gambling shares by 2020.

Even though the actual number online gambling sites is unknown, it is estimated that they are over 4,000 online gambling sites around the world.  Most of these gambling sites are independent of land-based casinos and may be illegitimate.

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