The Money Made From Gambling Online: A Look Around the World

How Much This Industry is Growing and Making

The online betting world has grown big and fast, bringing in $72.3 billion in 2021. That’s a huge 57.8% rise since 2017. It’s also helped a lot of people get jobs, with 200,000 new jobs made from 2019-2021.

Money for the Government and What It Pays For

Web gambling spots put a lot of money into government hands, with $38 billion given in taxes in 2022. This big amount of cash helps pay for very needed things like schools and roads in many places, showing just how key this industry is for public money needs. Channeling Bubbling Reels Into Wave-Like Bonus Rolls

New Tech and How It Helps the Economy

We see $4.2 billion spent on research which helps bring new tech like:

• Ways to pay
• Keeping data safe
• How users see and use sites
• Games on phones

How Gambling Online Helps Other Jobs

The world of online betting helps other work fields grow too:

• Tech goes up
• Places for buildings to go up
• New ways to pay
• Where data is kept and looked after
• Keeping info safe

All these linked parts help boost how much money is made, way more than just in gambling.

How Fast Online Betting is Growing

How Big It’s Getting and How Much Cash Is Coming In

Money from online betting has gone up fast, from $45.8 billion in 2017 to $72.3 billion in 2021, which is a big 57.8% jump.

This big growth is because of new tech and more people using phones to play.

Different Types of Online Betting

Sports betting online is the biggest, making 40% of all the cash.

Casino games online are also strong, holding 32%, while poker online has 21% of the market.

Phone betting is now more loved, growing from 43% of all betting money in 2019 to a strong 55% in 2021.

Which Place Is Betting The Most?

Europe leads with 49% of the market, but the Asia-Pacific area is not far back, growing fast at 11.7% each year.

North America, and especially the US, is catching up fast after making their rules easier.

New areas in Latin America and Africa are coming up, helped by better web tech and new ways to pay.

What’s Making It Grow So Fast?

• Phones and tech getting better
• Rules changing
• New payment tech
• More web use
• Easy to get on different devices

More Jobs Because of Gaming

More Jobs in Gaming

The gaming world has grown a lot, adding 200,000 new jobs from 2019-2021.

This growth is across many job types, making a strong job world that includes making software, keeping data safe, helping customers, and marketing online.

What Jobs Pay

The gaming world pays well across different jobs:

• Top developers: $120,000-150,000 each year in big markets
• Data people and safety experts: $85,000-110,000
• Helping customers: $45,000-65,000

Where Jobs Are and Working From Home

Places Known for Gaming

While old game centers are still important, gaming jobs are moving to global tech places:

• London
• Malta
• Singapore

Working From Anywhere

The job world shows great chances to work from anywhere, with 40% of jobs you can do from home. This change has:

• Let more people from across the world work
• Made work-life better
• Brought down walls to getting jobs
• Helped hire more kinds of people Enlivening Serene Blooms With Quick, Pot-Shaking

This big change has made the gaming job world more open and lively for everyone everywhere.

Taxes and How They Help

Taxes and How They Help From Regulated Online Betting

Making Money for Governments Through Gaming

Regulated game sites bring in a lot of cash for governments everywhere, with $38 billion in direct taxes in 2022.

Places with good rules for taxing games often get 15-30% of all game money, which helps pay for needed things and building new things.

How Well Different Places Are Doing

New Jersey’s betting world did really well, bringing in $139.3 million in taxes in 2022.

The UK with its strong rules got £3.1 billion from bets. This money helps pay for things like:

• Schools
• Hospitals
• Stopping too much gambling
• Community projects

Good Rules for Taxes

Good tax rules are key in keeping the market going strong. Studies show that tax rates around 20% are best for long-time cash flow and keeping the market good and competitive.

Higher rates might push operators to unregulated places, while good tax setups make sure:

• Operators can still make good profit
• Max tax cash can be made
• The market stays stable and grows
• Rules are followed better

The big effect of gambling tax cash spreads all through local places, making things better like:

• Better public services
• Less strain on Help systems
• More money for community stuff
• Steady plans for making money better

Putting Money in Tech

Putting Money in New Tech for Online Betting

Research Cash Making New Ways Online

The regulated betting world put in a big $4.2 billion in research in 2022, up 28% from the year before.

This big spend has changed keeping data safe, how we pay, and how we see and use sites, helping tech in many work fields. 온카스터디

New Tech and Uses

Blockchain and cryptocurrencies have grown fast because of the need for safe ways to pay.

Smart tech has gotten better, with 73% of big sites using smart solutions for spotting fraud and watching safe gambling.

Tech for Phones and More

Big steps in computing have changed keeping info on clouds and working on data right away.

A big $1.8 billion just for phones has changed how apps are made, making new standards in digital worlds.

The $890 million put in for new reality tech in 2022 has started new ways to learn, help health, and train people.

How All This Helps Other Jobs

The betting world’s new tech helps push up many work areas:

• Safe ways to pay
• Understanding data right away
• Solutions for info on clouds
• Creating apps for phones
• Using new reality tech
• Smart systems to keep data safe

These moves show how putting money in research helps not just gambling but many other work fields too.

How Digital Betting Helps Places Grow

How Online Betting Helps Places Grow

Making More Money in Places

Online game places help make a lot of extra money in big cities, with operators bringing in $892 million in local taxes in 2022.

This is really clear in New Jersey, where the online betting world has made 3,400 high-tech jobs since 2018.

Places That Are Growing Because of Online Games

Cities that are becoming centers for online games are seeing big growth.

Malta has seen its money made go up 12% since 2018 because of online games, while Gibraltar’s betting world is now 25% of all it makes.

Big steps in building include more places to keep data, better keeping info safe, and new ways to deal with money.

Jobs and Making Money Different Ways

The online betting world shows it can create a lot of jobs, with each main job making 2.3 other jobs in fields that help it.

People in this industry make about $86,000 on average, much more than most others in the area.

This job growth helps make money ways more varied, while also pushing up how much buildings are worth by 18% in tech-heavy areas.

Main Things That Show Growth

• How much tax is made: $892M (2022)
• How many other jobs come from one job: 2.3x
• How much more money people make: 42%
• How much building worth goes up: 18%
• How many new tech jobs: 3,400

Chances in Other Job Fields

Chances for Work in Digital Markets

How Tech Jobs Can Grow

The new digital ways across jobs have made a big chance for making money, with dealing with payments making $4.2 billion in fees in 2022.

Keeping data safe has become very needed, bringing in $1.8 billion for special security answers for digital money moves.

Making Software and How Marketing is Changing

Ready-made solutions and making custom platforms have made a $3.1 billion market each year.

The world of marketing tech has grown a lot, with digital ad places and links for selling bringing in $2.9 billion by smart selling plans.

How We Use Data and New Tech for Structure

Smart Answers for Data

Smart tech and data help have shown amazing 43% growth each year, pushed by new ways in looking at behaviors and spotting fraud.

Tech for Structure and Talking Over Distance

Cloud places have made $890 million by hosting special services, while communication companies have made $720 million more by bigger needs for data talking.

These chances keep growing as digital markets get better and use new tech.

How Rules About Money Help Markets

How Money Rules Help Modern Markets

Overview of Money Rules

Markets with rules made $6.7 billion from fees for licenses and costs of following rules in 2022.

Market places spend about $2.3 million each year on tech and people for following rules, which cuts down on fraud by 47% compared to places without rules.

Rules for Knowing Your Customer and Getting Money Back

Facts show that strong rules help keep markets clean.

Places with strict rules get back $850 million each year in tax money that could have been lost.

Even though it costs 12-15% of what they make to follow these rules, it leads to 31% more trust from players and they stay around longer.

Standards for Reporting and How Markets Do

Set ways of reporting have been very good at cutting down bad money moves by 62% since 2020.

Places that do better than the base level of rules keep 28% more players.

The facts show that strong rules, even though they cost money to follow, help make a better situation for both the places that offer games and the governments.

Main Things That Show How Well They’re Doing

• Stopping Fraud: 47% less in places with rules
• Getting Tax Money Back: $850M with strong customer rules
• Money Spent on Following Rules: 12-15% of what they make
• Trust From Players: 31% more with good rules
• Stopping Bad Money Moves: 62% less since 2020
• Keeping Players: 28% better with strong rules