PALM BEACH, Fla., June 17, 2022 /PRNewswire/ -- The global sports betting markets, unlike most, grew during the pandemic and are projected to continue to grow for years to come. The demand for sports betting is driven by factors like the shifting regulatory landscape of the entire gambling sector, the penetration of connected devices, and the developing digital infrastructure. The COVID-19 pandemic greatly influenced the sports sector due to restrictions on sporting activity in most parts of the world. However, online sports betting expanded in popularity during the pandemic due to eSports betting. A recent report from Grand View Research projected that the global sports betting market size was valued at USD 76.75 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 10.2% from 2022 to 2030. The report said: "Technology had a significant impact on every industry. However, the gambling industry was the most impacted, with the major sports betting companies working hard to simplify their platforms and provide a pleasurable experience. Therefore, the growing need for digitalization is expected to impact the market's online segment, which will witness significant growth in the forecast period. However, the frameworks are being regulated by various governments to provide income opportunities and new experiences to consumers." Active companies in the markets today with current earnings out include: EBET, Inc. (NASDAQ: EBET), DraftKings Inc. (NASDAQ: DKNG), GAN Limited (NASDAQ: GAN), Skillz Inc. (NYSE: SKLZ), International Game Technology PLC (NYSE: IGT).