00:00It's Benzinga, bringing Wall Street to Main Street.
00:03The global sports wagering market is forecast to surge from $108.92 billion in 2024 to $198.53
00:11billion by 2030, expanding at a compound annual growth rate of rate of about 10%,
00:17according to research in markets. Speaking at the International Association of Gaming Regulators,
00:22Gambling Commission CEO Andrew Rhodes highlighted cryptocurrency's growing influence,
00:26calling it a major force shaping the future of the betting ecosystem.
00:31Blockchain and digital assets are driving faster settlements, lower fees, and greater transparency,
00:37while privacy and cross-border flexibility are fueling user adoption.
00:42Crypto sportsbooks also benefit from reduced overheads, enabling better odds and promotions,
00:47signaling a new phase of tech-driven transformation across global wagering.
00:51Please play responsibly.
00:53If you or someone you know has a gambling problem, help is available.
00:57Call 1-800-GAMBLER.
00:59For all things money, visit Benzinga.com.
Comments