{"id":5677,"date":"2022-03-16T08:00:00","date_gmt":"2022-03-16T08:00:00","guid":{"rendered":"https:\/\/www.bestonlinecasinosites.com\/news\/?p=5677"},"modified":"2022-03-14T11:44:29","modified_gmt":"2022-03-14T11:44:29","slug":"__trashed","status":"publish","type":"post","link":"https:\/\/www.bestonlinecasinosites.com\/news\/__trashed\/","title":{"rendered":"New Report Reveals High Hopes for US Online Gambling"},"content":{"rendered":"\n<p>Technavio, a popular and reputable market research firm, has recently released <a href=\"https:\/\/www.technavio.com\/report\/online-gambling-market-industry-size-in-us-analysis?utm_source=prnewswire&amp;utm_medium=pressrelease&amp;utm_campaign=T50(SV)_report_wk11_2022_006&amp;utm_content=IRTNTR72612\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">a detailed report<\/a> that offers a very detailed of what to expect from the iGaming market over the next 5 years. The report was made possible thanks to a <strong>lucrative partnership between Technavio and over 100 Fortune 500 companies. <\/strong>This partnership is set to span over 16 years which creates room for even more in-depth market insights from the company.<\/p>\n\n\n\n<p>According to the Technavio report, the United States&#8217; online gambling market has the <strong>potential to grow to a whopping $2.2 billion between 2021 and 2026<\/strong>. During that period, the report also detailed projections for decelerating growth momentum at a compound annual growth rate of 12.47 percent.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-key-demographics\">The Key Demographics<\/h2>\n\n\n\n<p>Technavio&#8217;s report considered the fragmentation that is a key characteristic of the market. This is a great way of knowing which sectors will play a key role in the growth of the market. It will also help the iGaming operators to capitalize on the stats to design and deploy growth strategies going forward.<\/p>\n\n\n\n<p>One of the segment highlights was based on the end-users. Unsurprisingly, the mobile gambling market came out on top. <strong>The mobile market boasts of the largest iGaming market share in the United States.<\/strong> It should keep growing and remain dominant for the foreseeable future.<\/p>\n\n\n\n<p>Many online gambling operators are already very deeply invested in the mobile gambling space. Over the past few years, we have seen a tremendous surge in the popularity of mobile gambling apps and responsive websites.<\/p>\n\n\n\n<p>Another market segment whose dynamics were a key highlight of the report was based on gender. In 2021,<strong> more than half of the online gamblers were female. <\/strong>There has been a rise in the number of sites that openly encourage women to participate. Moreover, the lack of accessibility restrictions has made it a lot easier for more people to indulge in iGaming activities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"market-dynamics\">Market Dynamics<\/h2>\n\n\n\n<p>Some of the other important things that are going to be vital to the growth of the iGaming industry in the coming years are the <strong>friendlier legal and regulatory atmospheres<\/strong>. Many parts of the United States have been subject to <a href=\"https:\/\/www.bestonlinecasinosites.com\/news\/new-anti-online-gambling-bill-filed-in-the-us-senate\/\" class=\"ek-link\">legal reforms<\/a> many of which have created an environment where licensed gambling operators can thrive.<\/p>\n\n\n\n<p>There are, of course, a few challenges that need to be addressed. Issues such as <a href=\"https:\/\/www.eurekalert.org\/news-releases\/943200\" target=\"_blank\" aria-label=\" (opens in a new tab)\" rel=\"noreferrer noopener\" class=\"ek-link\">concerns about gambling-related harm<\/a> and malpractices still needed to be a priority. Thankfully, that is work in progress and we should expect more refinement in that regard as the market continues to grow.<\/p>\n","protected":false},"excerpt":{"rendered":"Technavio, a popular and reputable market research firm, has recently released a detailed report that offers a very detailed of what to expect from the iGaming market over the next 5 years. The report was made possible thanks to a lucrative partnership between Technavio and over 100 Fortune 500 companies. This partnership is set to [&hellip;]","protected":false},"author":3,"featured_media":5680,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[182,246,54,192,675],"class_list":["post-5677","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-law","tag-mobile-gambling","tag-online-gambling","tag-report","tag-technavio"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Report Reveals High Hopes for US Online Gambling - Best Online Casino Site News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bestonlinecasinosites.com\/news\/__trashed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Report Reveals High Hopes for US Online Gambling - Best Online Casino Site News\" \/>\n<meta property=\"og:description\" content=\"Technavio, a popular and reputable market research firm, has recently released a detailed report that offers a very detailed of what to expect from the iGaming market over the next 5 years. 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