Global sports betting industry overview

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In 2023, the UK Gambling Commission introduced several regulatory changes aimed at enhancing player protection and ensuring fair play. Impact of Regulatory Changes on the Gambling Industry The number of active online gamblers in the UK reached 24.7 million, a 6.2% increase from 2022.Sports betting accounted for £1.9 billion of the online gambling revenue.Online casinos generated over £3.2 billion in revenue, with slots being the most popular game.Key statistics for the online gambling sector in 2023 include: This growth is attributed to the increasing popularity of online casinos, sports betting, and virtual gaming platforms. In 2023, online gambling revenues reached an all-time high, accounting for over £5.4 billion of the total market. The online gambling sector has been a key driver of growth in the UK gambling industry.

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This growth is primarily driven by the surge in online gambling, which now accounts for over 38.2% of the total market.

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As of 2023, the industry is estimated to be worth over £14.3 billion, a significant increase from previous years. The UK gambling market has seen substantial growth over the past decade, with newly launched online casino sites appearing on the regular.

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