Why is the Gambling Industry So Popular in Europe and the USA (Sponsored content from Sam Corleone)
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Gambling is the oldest form of entertainment and the most profitable industry globally. People have always enjoyed gambling and now with the development of technology, they get the casino thrill in their own homes. The iGaming industry is also blooming and players can find the best payout casino sites with just one click.
Gambling in Europe is legal and popular. Almost every European country allows both land-based and online gambling. Online casinos account for 23% of the European gambling market. Europe has a massive sports betting market, attracting even sports betters. The gambling revenue in 2022 will reach more than $99 billion.
Gambling is legal in 48 states in the USA, but it's restricted in Utah and Hawaii. The first legal casino opened in 1978. Players from the US are attracted to online casinos, sports betting, and fantasy sports. Americans wagered $57 billion on sports in 2013. By the end of 2023, the gambling industry is expected to reach $92.9 billion.
The biggest gambling markets in the world are Europe and the USA. Europe is more accessible for players because gambling is legalized in most countries. In the US, gambling isn't legalized, but some states are trying to legalize it.
