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Title: The Emergence of Online Betting: A Study on its Growth, Trends and Implications Introduction The advent of the internet has brought about a significant shift in the way people interact with each other and do business. One of the most significant changes that have taken place is the emergence of online betting. Online betting has become a popular activity in recent years, with millions of people participating in it worldwide.

The purpose of this study is to examine the growth, trends, and implications of online betting. Growth of Online Betting Online betting has grown rapidly in recent years, with more people participating in it than ever before. According to a report by ResearchAndMarkets.com, the global online gambling market is expected to reach $127.3 billion by 2027, growing at a CAGR of 11.5% from 2020 to 2027. The growth can be attributed to several factors, including the increasing popularity of mobile devices, the rise of online sports betting, Washington Post Today and the legalization of online gambling in several countries.

Trends in Online Betting Several trends have emerged in the online betting industry. One of the most significant trends is the rise of mobile betting. With the increasing popularity of smartphones and tablets, more people are using mobile devices to place bets. According to a report by H2 Gambling Capital, mobile betting accounted for 45% of the global online betting market in 2019. Another trend in online betting is the rise of live betting. Live betting allows users to place bets during a sporting event, which has become increasingly popular in recent years.

According to a report by Statista, the global market for live sports betting is expected to reach $3.