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Financial News Media | Global Online Gambling Market Revenues Expected to Double in Upcoming Years

Palm Beach, FL – December 22, 2020 – The shutting down of the casinos in Las Vegas and around the world, because of the pandemic, hasn’t really hurt the market, due to the rapid expansion of online options. In fact, experts project that its rate of growth will be substantial in the near future and beyond. A
report from Statista said that: “The global online gambling market is anticipated to be valued at more than 92.9 billion U.S. dollars in 2023. The current size of the market is almost 59 billion U.S. dollars,
meaning the size is forecast to double in the upcoming years.” Their report continued: “Online gambling consists of playing casino games, poker and/or sports betting via the internet. Due to factors such as the advancement of technology available (for example smartphones and apps), higher trust of gamblers paying online, and the increasing digitization of the world, the online gambling market is seeing growth in many regions. After sports betting ....

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IGT Announces Agreement to License Exclusive IP Rights for GALAXIS, SYSTEM2Go and Associated Software and Hardware to Modulus

Press release content from PR Newswire. The AP news staff was not involved in its creation.
IGT Announces Agreement to License Exclusive IP Rights for GALAXIS, SYSTEM2Go and Associated Software and Hardware to Modulus
December 18, 2020 GMT
IGT (NYSE:IGT) is the global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Gaming Machines and Lotteries to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 12,000 employees. Fo ....

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