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Gambling Industry Updates

Casino Industry Growth Forecast: What to Expect in Forex Trading

The global casino industry is expected to experience growth in the coming years, with particularly strong growth in the forex market. From 2019 to 2024 it is estimated that the total market value of this sector will increase at an annual rate of nearly 8%. This growth is driven by increases in tourism, improvements in infrastructure, and the expansion of online gambling. Major contributing factors to the industry’s growth include wedding factors like increasing disposable income, rising demand for leisure activities, as well as technological improvements. In addition, advancements in mobile gaming technologies, virtual reality, and online gambling initiatives will lead to further growth in the industry. As such, the casino industry is poised for great growth over the coming years.