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DraftKings vs. DoubleDown: Growth in the Online Gambling Boom
DKNGDraftKings(DKNG) MarketBeat·2024-09-08 11:43

Online betting is a large and fast-growing business: as of 2023 the U.S. online gambling market was estimated to have revenue of around 11billion,withanindustrywidecompoundannualgrowthratethrough2030ofanimpressive1211 billion, with an industry-wide compound annual growth rate through 2030 of an impressive 12%. The majority of American adults (55%) participated in at least one form of gambling in the last year and placed around 120 billion in legal sports bets. And online betting is increasingly popular as it becomes widely legalized throughout the U.S. With so much potential for gro ...