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New Approach to Licensing Prompts Rapid Growth of the Online Betting Market FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, March 4, 2021 /PRNewswire/  Two major segments of the online gambling industry are online gaming (i-gaming) and sports betting. Online gaming, in particular, has proven to be a pandemic proof segment. An increasing number of online events with large prize pools are now expected to create new opportunities for players and betters alike. As for sports betting, the segment has also benefited from a continuously improving and friendlier legal infrastructure. For example, a report by the Chicago Sun-Times indicates that New Jersey gamblers set a nationwide record for the most money bet on sports in a single month, spending almost USD 668 Million in August on events including resurgent baseball, basketball and hockey seasons that had been interrupted by the outbreak. As a result of the evident spike in demand, Morgan Stanley rep

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