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The online gambling industry has exploded in popularity since the pandemic. Estimates suggest that its total market value has more than doubled from $37.5 billion to $81 billion between 2015 and 2023. Major players in the industry are doing exceptionally well: the U.S.-based betting platform DraftKings signed a $350 million deal with the UFC in 2021, and the Indian betting app Mobile Premier League became a unicorn that same year with a valuation of $2.3 billion.
In response to the growth,…
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The online gambling industry has exploded in popularity since the pandemic. Estimates suggest that its total market value has more than doubled from $37.5 billion to $81 billion between 2015 and 2023. Major players in the industry are doing exceptionally well: the U.S.-based betting platform DraftKings signed a $350 million deal with the UFC in 2021, and the Indian betting app Mobile Premier League became a unicorn that same year with a valuation of $2.3 billion.
In response to the growth,…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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