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So how do Americans feel about the fact that sports betting is now legal in much of the U.S.? Regardless of how much they have heard or read about it, a majority of adults (57%) say it is neither a good nor bad thing for society, while about a third (34%) say it is a bad thing. Only 8% say it is a good thing for society.
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Umali��s lesson came a few years ago, when he started placing a daily bet on an online poker game. It seemed like a relatively harmless pastime �� for a while.
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The exploded adoption of online gambling can be well understood from the fact that the market was worth USD 57.54 billion in 2021, and is projected to grow at a CAGR of 11.7% between 2022 and 2030. The growth of the global online gambling market is being driven by the increasing popularity of online games in public places and at home, thanks to smartphones and fast mobile internet. The market is also being boosted by cultural and legal approvals, easy access to online gambling, celebrity endorsements, and corporate sponsorships. Due to the availability worldwide of affordable mobile apps, the market will continue to grow.
However, you may no longer be able to take it for granted that internet slots pay more. The lower RTP options now offered by many developers are threatening to lower the industry average.
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