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The thrill of online poker when you have the right cards and other players fold one by one will be familiar to everyone who has ever cheered on their side during a penalty shootout in a Cup final. Fun and excitement may be found in both football stadiums and virtual casinos.

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Is it a useful countermeasure? Or merely a quiet alarm bell drowned out by the promotional clamor? Lives and livelihoods may depend on the answer. One report in the United Kingdom ¡ª where sports betting has been more liberalized for a while ¡ª found 55,000 ¡°problem¡± gamblers between ages 11 and 16.


The exploded adoption of online gambling can be well understood from the fact that the market was worth USD 57.54 billion in 2021, and is projected to grow at a CAGR of 11.7% between 2022 and 2030. The growth of the global online gambling market is being driven by the increasing popularity of online games in public places and at home, thanks to smartphones and fast mobile internet. The market is also being boosted by cultural and legal approvals, easy access to online gambling, celebrity endorsements, and corporate sponsorships. Due to the availability worldwide of affordable mobile apps, the market will continue to grow.

On Wednesday, Chau continued to deny his involvement in promoting or operating online betting.


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