Countries worldwide are cracking down on online gambling
Summary
The online gambling industry has experienced significant growth since the pandemic, with its market value more than doubling from $37.5 billion in 2015 to $81 billion in 2023. Companies like DraftKings and Mobile Premier League have seen substantial success, with DraftKings securing a $350 million deal with the UFC and Mobile Premier League achieving unicorn status with a $2.3 billion valuation. This rapid expansion is now attracting attention from regulators worldwide, suggesting an impending crackdown on the industry.
(Source:Startupnews)