In recent years, the gambling industry has experienced a significant transformation with the rise of iGaming. Short for “interactive gaming,” iGaming encompasses all forms of online gambling and betting activities, including sports betting, online casino games, card games, lotteries, and more. This rapidly growing industry is becoming increasingly popular each day. Since its inception, the global online gambling market has expanded exponentially, estimated to be worth over $70 billion in 2023.

Mobile technology has been a key driver of this growth, enabling players to gamble from anywhere with improved internet access. The iGaming industry is highly regulated, with each country enforcing its own laws and regulations. As online gambling continues to gain popularity, advancements in technological infrastructure and the introduction of regulations in more international jurisdictions suggest that the industry will continue its substantial growth in the coming years.