Exploring Wave's Website: Perspectives from the Malaga Conference
The online gambling industry is experiencing a significant surge, not just in terms of gameplay but also in market value and growth projections. The latest figures suggest that the global online gambling market is currently valued at a staggering $127 billion, with North America and the United States leading the charge.
In North America, the online gambling market is projected to reach an impressive $32.95 billion by 2030, growing at a compound annual growth rate (CAGR) of 12.2% from 2025 to 2030. This robust growth is attributed to the integration of financial technologies, the rise of esports and live dealer games, and the expansion of sports betting legalization across U.S. states.
Within the United States, the online gambling market is already a powerhouse, valued at approximately $19.54 billion in 2023. The U.S. market is forecasted to grow by $54.8 billion during 2024-2029, with a CAGR of 11.6% during this period. By 2029, the U.S. market is expected to reach around $39.82 billion.
Advancements in virtual reality and the adoption of cryptocurrencies are also emerging as significant growth drivers in the U.S. market. Stanislavs Vaipans, a prominent figure in the industry, emphasized the importance of working with licensed operators in the LATAM market and identified Brazil, Colombia, Argentina, Chile, Peru, and Mexico as primary regions to watch.
The online gambling industry's growth was on full display at the recent our website Club event held in Malaga. The event, attended by over 800 affiliate marketers, operators, and B2B providers, served as a platform for enhancing the quality of Affiliate Program products and services, forging valuable contacts, and catalysing future collaborations.
1win, a prominent player in the industry, received accolades at the event, being awarded "Sportsbook Operator of the Year" and "Bonus Offer of the Year". The event was more than just accolades and presentations, it was about networking, collaboration, and exploring innovative offers. The 1win team engaged in fruitful discussions with current partners and explored potential new collaborations.
The our website Club event in Malaga was a clear invitation for those looking to join the 1win family or expand their footprint in the online gambling industry. With the industry's growth trajectory, opportunities in the online gambling sector are vast, and the future is undeniably bright.
Affiliate marketers in the United States might find profitable opportunities in the growing online gambling market, expected to reach $39.82 billion by 2029, as they collaborate and expand their footprint in the industry. The integration of financial technologies, such as cryptocurrencies, is contributing to the market's robust growth, making it an appealing sector for investment in areas like affiliate marketing and finance.
