A study by Insider monkey revealed that the US and UK are among the top 5 leading counties in terms of Total Gambling Gross Wund.
The United Kingdom reportedly has a Gross Win of $19 Billion while the US has $119 Billion as at 2022.
The UK is one of the biggest gamoling countries in the world with the British gambling industry experiencing a boom following the coronavirus pandemi. In 2022 the industry achieved higher revenues through onling gambling, sports betting and games.
The UK is home to some of the best casinos in the world, such as Aspers Casino, Villento Casino, Manchester235, the Hippodrome Casino, UK Casino Club, Grand Mondial, and MagicRed Casino.
According to the UK Gambling Commission, in the year 2021, both remote and online betting represented the largest sectors of the market, with total wagers capturing 52.3% of the overall market.
The USA gambling industry is 10 times bigger than that of the UK and is the number one in the world in terms of highest annual gross winnings.
The USA is a global hub of sports, hosting the NBA Finals, the NFL Super Bowl, and Major League Baseball. Sports betting is a favorite activity in the country which has given a strong momentum to betting companies to achieve increased revenues every year.
The US Supreme Court recently legalized sports betting in 50 states. The world’s largest casinos are found in the USA, notably in Las Vegas, which is the world’s gambling hub. The popular casinos are the Cosmopolitan, Foxwoods, Thunder Valley Casino Resort Lincoln, Mohegan Sun Casino Uncasville, WinStar World Casino Resort Thackerville, and the Borgata Hotel Casino