Gambling Is Now Competing With Video Games for Players’ Time and Money, New Report Finds
A new report indicates that gambling, including online sports betting and iGaming, is increasingly competing with video games for players' time and money, particularly among men aged 18-34. While gaming still reaches a large audience, players are spending less time on games as entertainment budgets and free hours are divided between these activities. This shift is impacting video game industry revenue, which has remained flat while spending on gambling services has surged.
- Entities
- Topic: Player Engagement
- Topic: Entertainment Budget
- Platform: PlayStation
- Company: Xbox
- Topic: Video Games
- Platform: PC
- Topic: Gambling
This article was reported and published by thexboxhub.com. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.