The acquisition that disturbs the waters
The development of the industry has already exercised control over the protection of players, especially around the risks of financial loss. Controversy over revenue-generating methods continues to provoke negative sentiment, leading to calls for increased regulation.
Israel has long been one of the world's leading exporters of gambling and casino companies. However, recent news that 888 Holdings, managed by Israel and listed in London, has agreed to buy William Hill's European business from its US owner in a 2,2, XNUMX billion deal is further evidence that there are many opportunities for Israeli casino and gambling companies wishing to expand internationally.
Global market trends
The global online gambling market is expected to grow from $ 64,13 billion in 2020 to $ 72,02 billion in 2021 with a compound annual growth rate (CAGR) of 12,3%. The growth is mainly due to the recovery from the impact of Covid-19, which had previously led to challenges arising from lockdowns and social distance measures that led to operational challenges. The market is expected to reach $ 112,09 billion in 2025 with a CAGR of 12%.