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Unbiased online sports betting websites reviews The site is well known as a US-facing online sportsbook authority that highlights the best betting sites and specializes in: Statistics also indicate that the global online gambling market will be worth more than $92.9 billion in 2023.Īs more people are taking part in one form of online gambling or another, the need to elucidate the technicalities of the industry became vitally important.
Studies indicate that the global online gambling market will grow from $64.13 billion in 2020 to $72.02 billion in 2021 at a compound annual growth rate (CAGR) of 12.3%. Furthermore, jurisdictions also legalized online gambling to circumvent possible tax revenue from moving across borders as offshore online gambling boomed during lockdowns. Certain American states had already established a legal framework that enabled online casinos and online sportsbooks before the pandemic and documented this impressive revenue stream, which inevitably served as a stimulus for other states eager to do the same.
