The online gambling sector is thriving and is set to do so for years to come. Currently valued at over $72 billion, it’s estimated to grow at over 11% CAGR a year. This is driven mainly by mobile gambling, access to faster and more cost-efficient internet, new technologies, and forms of gambling such as eSports, crypto gambling, and fantasy sports betting. Together, these elements are bringing new demographics of players into the market and increasing operators’ chances to profit. The second has remained resilient over the last years, despite national and international economic fluctuations. This is good news for investors who may be pondering starting their own site.By all means, you are free to set up your own gambling site with your own custom platform and games, but this can be expensive and time-consuming. The majority of startups prefer to opt for a solution from online gaming platform providers. They offer a fully customizable platform that can include casino, sportsbook, and a variety of other features like CRM, reporting tools, bonuses, and marketing solutions. These significantly lower the setup costs and provide a cost-efficient way to work going forward. Another element is scalability, which gives your platform the space to grow if it experiences growth.
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