The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The global online gambling market size will grow from $81.08 billion in 2022 to $88.65 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The global online gambling market is segmented -ġ) By Game Type: Betting, Casino, Lottery, Poker, Online Bingo, OthersĢ) By Device: Desktop, Mobile, Other Devices ![]() The different components include software and services. The games are played on various devices such as desktops, mobiles, and others. A lottery is a type of gambling in which numbers are drawn at random for a prize. ![]() The main game types of online gambling are betting, casinos, lottery, poker, online bingo, and others. Online Gambling is the use of the internet for the act of wagering money or something of value on an event with an uncertain outcome that is not under the gambler's control, with the intent of winning something else of value, often money.
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