Juniper Research: Online bets to hit $700B in 2018

An increased uptake in digital products and more favorable online gambling regulation will help spur an uptick in digital wagers in 2018, the latest Juniper Research data show.

Juniper’s Mobile & Online Gambling: Casinos, Lotteries, Betting & VR 2018-2022 claims that total online wagers will jump by as much as 11.4 percent to $700 billion this year compared to just over $620 billion in 2017.

Gambling analysts found that the casino vertical will remain at the forefront of driving online wagers this year.

By 2022, Juniper forecasts that global online gambling wagers will reach a total of $1 trillion while the number of online gambling users will double to 684 million.

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