![]() ![]() Moreover, market players' growing proclivity toward Virtual Reality (VR) to provide real-life gaming experiences will positively influence the market space. Investments are being made in AI-based facial recognition software and cryptocurrency. Significant developments include commercial models such as virtual currency and social casinos, game formats, in-play sports wagering, and mobile geolocation. The continuous technological advancements are also favoring market expansion to a great extent. Various new entrants and investors are reaching out to stakeholders in the online gambling market, including operators, suppliers, regulators, and industry-focused legal/ financial advisors. There are enormous investment opportunities in the market which has influenced professional players to invest in sports betting and stocks of some of the critical online gambling companies. Another crucial factor favoring investments in online gambling is the introduction of virtual and augmented reality. The increasing investments in the online gambling market can be primarily credited to the rising demand for cost-effective payment mechanisms. Market Dynamics Global Online Gambling Market Drivers Increased Investment in Online Gambling ![]()
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