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For instance, in 2022, internet penetration in the U.S. was 92% of the country’s total population. Furthermore, cultural and legalization approval, easy access to online gambling, celebrity endorsements, and corporate sponsorships are also helping market growth. For instance, in October 2022, Betsson AB acquired 80% shares in KickerTech Malta Limited, a B2B sportsbook operator.

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This is attributable to the legalization of gambling across European countries such as France, Germany, Spain, Malta, and Italy. In context, the Nevada Gaming Control Board (NGCB) regulates and oversees online gambling in the state. The NGCB might be preserving the state’s brick-and-mortar (or in-person) casino gambling industry.

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