NEWS

It is expected to grow by an average of 10.44% per year to reach $153.21 billion by 2029

Leading gambling companies share their analysis of industry indicators and trends in 2024 and forecasts for 2025. Research and Markets estimates that the online gambling market has already reached $93.26 billion in 2024 and will grow at a compound annual rate of 10.44 percent to $153.21 billion by 2029.

One of the key topics was the development of artificial intelligence (AI). Several companies have noted his influence in various fields. AI has increased the personalization of gameplay and improved the ability to analyze player profiles, allowing for more interesting content.

Another important topic is the growing popularity of using mobile phones in online gambling. A representative of Galaxsys said: "Some studies show that almost 85 percent of players use mobile phones when playing online, and the number of offline games is gradually decreasing. In this regard, there is a definite shift towards games optimized for mobile devices."

One of the key themes of 2024 was the personalization of the gaming experience. Styliana Calogreado, Head of B2B at iGate, said: "Players enjoy receiving special bonus offers and recommended content based on their behavior and preferences. iGate uses machine learning algorithms and artificial intelligence to study user behavior and create personalized experiences aimed at a wide audience."

Paydex — payment ecosystem for e-commerce businesses of any size