As indicated in the financial report, the vertical’s revenue is expected to hit $1.57 billion in the near future. Additionally, analytics from Statista forecast that the digital gambling segment will generate a staggering $6.5 billion by 2029.
Specialists from El Economista reported that last year, the number of online punters was 4.3 million, and this figure is projected to increase to 4.8 million by 2026. A typical local player can be described as a young urban adult.
According to the analytical organisation, the niche’s growth is driven by several key factors:
According to Report News' analytics, local digital entertainment with real-money wagers saw a notable upsurge. The segment’s growth rates have fluctuated in the range of 20–35% annually.
This impressive expansion and overall upward trend have led to online gambling profits surpassing tourism revenues in several regions. Furthermore, the market's web GGR is expected to rise by more than 9% each year.
As experts predict, the key growth driver will be the casino vertical, encompassing:
Consequently, some regions that always relied heavily on tourism as the main driver of their economy are now analysing how gambling affects their tax rolls. These are popular jurisdictions, such as Mendoza and Córdoba. The local municipalities stress that iGaming has a high fiscal efficiency. The key reason behind this phenomenon is that each transaction is automatically tracked, registered, and taxed, along with related niche processes.
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