Online gambling industry - additional information
Online gaming, or gambling, is the wagering of something of value, usually money, on the outcome of an event or game using the internet. Online gaming includes such activities as poker, casinos (where people can play traditional casino games, like roulette or blackjack, but online), sports betting, bingo and lotteries. Of these, casino games and sports betting make up the largest share of the market. The market volume of online gaming was forecasted to reach 51.96 billion U.S. dollars in 2018, more than doubling since 2009.
In 2015, the U.S. casino gaming market revenue amounted to 71.1 billion U.S. dollars, and Las Vegas received 42.31 million visitors in the same year. Despite the rapid growth of online gaming, land-based gambling still dwarfs the internet activity.
Land-based gambling is split into roughly the same categories as online gaming. Perhaps the most commonly associated activity with gambling is visiting casinos.