Others include France with 3.8 billion and Germany with $3.6 billion that same year. The most popular gambling markets in Europe, the United Kingdom is the largest online gambling market, with its GGR worth $12.5 billion in 2021. The gaming market was worth $63.53 billion in 2022 and is projected to grow by 11.7% between 20. In fact, while numerous sectors, including financial services, are struggling, the global gaming industry is looking for new approaches to meet consumers’ needs. The gaming industry is booming and shows no signs of slowing anytime soon. So, you want to enter the online world of gaming? Here’s everything you need to know about online gambling licenses, their relevance and importance, who needs them, and much more.
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