DraftKings vs. DoubleDown: Growth in the Online Gambling Boom

Online betting is a large and fast-growing business: as of 2023 the U.S. online gambling market was estimated to have revenue of around $11 billion, with an industry-wide compound annual growth rate through 2030 of an impressive 12%. The majority of American adults (55%) participated in at least one form of gambling in the last year and placed around $120 billion in legal sports bets. And online betting is increasingly popular as it becomes widely legalized throughout the U.S. With so much potential for gro ...