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Major Reasons for Gambling’s Growth in Europe and USA

13 may 2022
Author: James Burton
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The casino has existed for centuries. It is the simplest leisure activity that has become one of the most profitable businesses on the planet. People enjoyed trying their luck in the games, and thanks to new technologies, they can experience gambling excitement in the comfort of home.

Gambling’s growth in Europe and USA

Previously, gaming was outlawed. However, people can now play on nearly everything. Users may bet on literature awards, contests, sportsbooks, and horse racing in addition to casinos.

European Gambling

Almost any country in Europe allows both ground and web gaming. The local market is large, representing half of the global sphere. It is popular with punters. What about online casinos, European countries are big fans of them. Digital venues make up 23% of the local gaming market.

The casino industry is so big that the wagering income this year will achieve more than $ 99 billion. Europe is a far freer gambling country, where gamers can play officially.

Wagering sites are quite popular among European people as they provide a diverse selection of casino games such as slots, blackjack, or poker.

There are also licensed platforms where users may place wagers on most mainstream sports. The betting alternatives are unlimited, participants can choose their favourite. Europe has some big sports bookies, which attract even professional bettors.

USA Gambling

Gambling in the United States

Gambling is not just popular in Nevada. It is also permitted in 48 states. Only Utah and Hawaii have declared that gaming is totally not allowed. Gambling has been increasing in the US since the first authorised casino appeared in 1978.

With the development of technologies and the rise of official permission to play games, the United States now offers legal gambling websites. Punters can bet from everywhere, at any time, as long as they have access to the Web.

US consumers are largely drawn to digital gambling, wagering, and fantasy sports. Americans spent $ 57 billion on matches and competitions in 2017, and this number is predicted to rise to $ 92.9 billion by the end of the next year.

Summing up

The entertainment industry is increasing, and it is not going to stop anytime soon. Gambling and betting are now more available as technology has evolved, and players no longer need to leave their homes to place a bet.

Europe and the United States are the world's largest gaming industries, with vast sums in net profit. Europe is more open to punters because a casino is permitted in the majority of countries, so anyone can play without the worry of breaking any law.

In the US, while having significant earnings, gambling is not authorised in every state, thus it is prohibited for some Americans. Fortunately, many territories are working to legalise casinos because they see how useful and wealthy this business is.

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