The online gambling industry has grown significantly, driven by technology, the expansion of mobile device use, and legalization in various regions. In 2023, the global market reached $79.8 billion, projecting to grow to $161.32 billion by 2030 with a compound annual growth rate (CAGR) of 10.57%. Europe leads the market with favorable regulations and high internet penetration, while the Asia-Pacific region experiences rapid growth due to increased connectivity and smartphone use. North America also shows notable growth, especially in the U.S., where several states have legalized online gambling.