
đź’¸ Spinning the Global Revenue Wheel
The online casino industry has transformed from a niche pastime into a multibillion-dollar juggernaut. At its core, an online casino’s revenue derives from the sheer volume of bets placed by players, multiplied by the modest statistical advantage—known as the house edge—built into each game. In 2024, the worldwide online gambling market surpassed $95 billion in gross gaming revenue (GGR), driven by explosive growth in mobile access, live-dealer streaming, and expanding legalization across regions once restricted to land-based venues.