The online gambling market has been experiencing continuous growth on account of the legalization and wider acceptance of online betting in many developed and developing countries. Online sports providers have also been able to secure high-profile sponsorships with football and racing clubs, which has allowed them to draw in new users. In addition, legalizing online gambling offers various advantages, such as providing a safe and regulated environment for players, and generating additional revenue for governments. It also helps to protect players from fraud and provides governments additional revenue, thereby escalating the overall demand.