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Online Gambling Market Size to Grow USD 68310 Million by 2030 at a CAGR of 11.8% | Valuates Reports

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BANGALORE, India, July 26, 2024 /PRNewswire/ — Global Online Gambling Market is Segmented by Type (Sports Gambling, Online Gambling Games, Stem Cell Media, Poker Games, Casino Games, Bingo), by Application (18-29 years old, 30-39 years old, 40-49 years old): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global Online Gambling market was valued at USD 31010 Million in 2023 and is anticipated to reach USD 68310 Million by 2030, witnessing a CAGR of 11.8% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Online Gambling Market:

The industry for online gambling is expanding rapidly as a result of factors including the growing usage of smartphones, the legality and regulation of online betting in certain jurisdictions, and rising internet penetration. Online gambling has become quite popular among consumers because of the ease with which it is possible to access gaming platforms at any time and from any location. Further increasing market attractiveness are better user experiences, increased security protocols, and an extensive range of gaming possibilities, including as poker, casino games, and sports betting. The market is developed and fiercely competitive in areas like Europe, where regulatory frameworks are well-established, while North America is expanding quickly as a result of recent US legalization initiatives. Furthermore, the incorporation of cutting-edge technologies like blockchain and AI is increasing user engagement and trust, which is propelling additional growth.

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TRENDS INFLUENCING THE GROWTH OF THE INSECT CELL CULTURE MARKET

The expansion of the sector has been significantly aided by the legalization and regulation of online gaming in several jurisdictions. The potential economic advantages of a regulated online gambling sector, including higher tax revenues and the generation of jobs, are being recognized by governments and regulatory authorities more and more. Legalization gives consumers more trust and encourages participation by providing a framework for ethical and safe gaming operations. Significant market expansion has been observed in regions like Europe, North America, and portions of Asia after rules that are favorable to the industry were put in place. The industry is anticipated to grow as more nations legalize online gambling, propelled by the creation of safe and regulated gaming environments.

Because of its wide appeal and the thrill it provides, sports betting is one of the main drivers of the online gambling sector. The ease of use and accessibility of internet platforms have greatly increased sports betting appeal. Millions of bettors attend major athletic events like the World Cup, Super Bowl, and other regional leagues, which fuels the growth of online gambling. Incorporating live betting and real-time updates improves user engagement, and customers are further drawn in by incentives and promotional offers. Internet gambling is becoming a significant industry area as a result of growing consumer interest in sports betting and the ease of use of internet platforms.

The popularity of online casino games, such as roulette, blackjack, and poker, has greatly boosted the market for online gambling. These games’ accessibility and variety on internet platforms draw a wide range of players. The excitement of real casinos is combined with the ease of playing from any location with casino games. Their appeal has grown even more since live dealer games, which mimic the atmosphere of a real casino, are now available. Players are also kept interested by the use of eye-catching visuals, engaging gameplay, and alluring bonuses and promotions. One of the main factors propelling the growth of the online gambling industry is the increasing demand for online casino games.

The 30- to 39-year-old age group is a major factor in the expansion of the internet gambling industry. This age group is more likely to participate in online gambling activities since they usually have more spare cash and are more tech-savvy. Through a variety of games and betting options, online gambling sites satisfy their need for excitement and amusement. Their hectic lifestyles are well-suited to the ease with which these platforms may be accessed through computers and cellphones. Furthermore, this age group is successfully drawn in by tailored incentives and focused marketing strategies. The noteworthy involvement of individuals aged 30-39 in virtual gambling activities serves as a primary catalyst for industry expansion.

The market for internet gambling is expanding as a result of shifting social perceptions on gaming. The perception of gambling as a socially acceptable pastime is changing from that of a prohibited behavior. Younger generations are especially exhibiting this change in attitude, since they are more accepting of internet gambling as a recreational pastime. This shift has also been influenced by the normalization of gambling through popular culture, celebrity and sports team endorsements, and sponsorships. The number of individuals playing online games is rising as gambling becomes more socially acceptable, which is fueling industry growth.

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ONLINE GAMBLING MARKET SHARE ANALYSIS

Due to the growing popularity of online entertainment and the expanding acceptance of digital technology, the Asia-Pacific area has a lot of promise. Comprehending the aforementioned regional dynamics is crucial in order to grasp the whole growth trajectory of the online gambling industry. This underscores the need of customized approaches to effectively tackle certain regional possibilities and obstacles.

The market is well-established and expanding throughout Europe as a result of favorable legislation and widespread internet use. North America is growing quickly; this is especially true in the US, where new laws are creating more chances.

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Bet365Kindred GroupGVC HoldingsFlutter EntertainmentWilliam HillPinnacleThe Stars GroupBetvictorBetsson ABGamesys888 HoldingsBet-at-home.comIntertopsBetwayBetfredInterwettenSBOBETSportechEGBBetOnline

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

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CoolFly to Showcase Personal Flight Portfolio and NA80 Flight-Control Technology at IFA Berlin 2026

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September 6, 2026

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Dream ST will be on display as CoolFly highlights flagship Urban, high-performance Dream Pro and its expanding global dealer network

BERLIN, Sept. 6, 2026 /PRNewswire/ — CoolFly, a developer of personal electric aircraft and eVTOL technologies, is showcasing its Dream ST personal aircraft at IFA Berlin 2026, taking place September 4–8 at Messe Berlin.

Dream ST is on display at CityCube Hall B, Booth CCBB-143, in IFA’s Mobility area. While Dream ST is the aircraft physically presented at the show, CoolFly is also introducing its broader product portfolio, including high-performance Dream Pro and flagship Urban.

Dream ST is a lightweight, single-seat electric aircraft designed for personal and recreational flight, featuring a seated configuration and quick-fold design for easier transportation and storage.

Dream Pro extends the platform with greater payload, endurance and performance. It supports a maximum payload of 120 kg, reaches a maximum speed of 100 km/h, and can achieve up to 40 minutes of flight time with a 70 kg pilot onboard, depending on operating and environmental conditions.

Urban, CoolFly’s flagship personal aircraft, features a standing-position configuration and enclosed-propeller architecture, reflecting the company’s effort to create a more intuitive and distinctive personal flight experience.

All three aircraft share CoolFly’s self-developed NA80 flight control system. NA80 uses a dual-redundant architecture with two independent flight-control units, each integrating three aviation-grade inertial measurement units (IMUs). The system continuously monitors aircraft attitude and motion, supports millisecond-level fault detection and failover, and serves as a common technology foundation across CoolFly’s product portfolio.

Dream ST, Dream Pro and Urban have all obtained CE and FCC certifications for applicable product compliance requirements, supporting CoolFly’s continued international expansion.

CoolFly is also actively recruiting dealers, distributors and commercial partners worldwide, with a current focus on Europe, North America, Australia, the Middle East and other key markets.

Prospective partners and media are invited to visit CoolFly at IFA Berlin 2026, CityCube Hall B, Booth CCBB-143.

About CoolFly
CoolFly develops personal electric aircraft and eVTOL technologies, integrating aircraft design, propulsion and self-developed flight-control systems to make personal flight more accessible.

Media: press@coolflyaircraft.com
Business: support@coolflyaircraft.com

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Experience AI Companion in Everyday Life at Hisense IFA 2026

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September 6, 2026

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BERLIN, Sept. 6, 2026 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, is inviting visitors at IFA 2026 to experience how AI can make everyday home routines simpler and more intuitive. Under the theme “Innovating a Brighter Life,” the Hisense AI Companion Suite, powered by ConnectLife, brings connected intelligence to the kitchen, laundry and living spaces.

Step into the kitchen and a simple question— “What should I make?”—can set the experience in motion. The AI Companion Refrigerator recognizes stored ingredients and suggests meal ideas based on personal preferences. Once a recipe is selected, it can sync with the AI Companion Oven to support automatic cooking, while the AI Companion Wine Cabinet recommends pairings and maintains suitable storage conditions. After the meal, the AI Companion Dishwasher recognizes dish conditions and adjusts cleaning, demonstrating how AI can support the journey from planning dinner to cleaning up.

In the laundry area, visitors can see how the AI Companion Laundry Suite turns a routine load into a simpler, more automated experience. By recognizing clothing characteristics, it selects suitable wash and dry cycles and adjusts the process automatically, creating a load-and-go experience.

The experience continues in the living space. The AI Companion Air Conditioner senses indoor conditions and user presence, adapting airflow as people move through the room. Meanwhile, the AI Companion Energy System considers weather and time-of-use electricity pricing to help optimize household energy use.

Building on ConnectLife’s support, Hisense is collaborating with Alexa+ to be among the first home appliance brands bringing smart home devices to Amazon’s Alexa+ AI assistant using Amazon’s new Smart Home AI Toolkit. Available in the coming months, Alexa+ customers will be able to control select Hisense air conditioners by simply saying what they need. Alexa+ will then map the request, navigate the settings, and complete the action for them.

Hisense’s approach to innovation has also earned recognition at IFA, with several of its products receiving awards. The Multi Function II Series, an all-in-one energy-saving HVAC solution, received a Winner Award, while the X-zone Master was named an Honoree. The U8 Air Master Air Conditioner, W60 3D Kitchen-fit Series and 60cm Integrated Wine Cabinet were also recognized that underscores Hisense’s focus on combining intelligent technology, thoughtful design and everyday usability.

Across these IFA scenarios, Hisense brings its Smart Home Companion capabilities to life through V AIOS, giving devices the ability to Sense what is happening, Think through what to do, Communicate naturally with users and across devices, and Execute tasks by orchestrating devices and services autonomously. Together, these capabilities help AI Companion Suites understand context, make decisions and take action, helping the home do more while asking less of its users.

About Hisense

Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 180 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 1 globally in the 100-inch and over TV segment (2023-2026H1). As The Origin of RGB MiniLED, Hisense continues to lead the next-generation RGB MiniLED innovation. As the official sponsor of the FIFA World Cup 2026TM, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.

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Roborock Reports 27.6% Revenue Growth in H1 2026, Reinforcing Global Market Leadership

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September 6, 2026

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BERLIN, Sept. 6, 2026 /PRNewswire/ — Roborock, a global leader in home robotics engineered to simplify daily life, reported revenue of RMB 10.084 billion in the first half of 2026, up 27.6% year on year, while net profit attributable to shareholders rose 45.6% to RMB 986 million. The company also reached a new global milestone, with Roborock recognized as the world’s No.1 robotic vacuum cleaner brand by both IDC and Euromonitor International.

Global Expansion Continues to Strengthen Growth

Roborock’s international business continued to deliver strong growth in H1 2026 across both mature and high-potential markets. During Amazon Prime Day 2026, Roborock ranked No.1 in the robotic vacuum category in Germany, the United Kingdom, Spain, the Netherlands, Belgium, the United States and Canada. In Europe, Roborock reached a 45% share of the robotic vacuum market, with unit sales up 24% year on year, while wet-dry vacuum unit sales grew 112%. In North America, Roborock reached a 33% share of the robotic vacuum market, with unit sales increasing 30% year on year.

Momentum was also strong across key Asia-Pacific markets. Roborock ranked No.1 in both unit shipments and sales value in Australia, Korea, Taiwan region and Türkiye from Q1 2023 to Q1 2026. In Korea, the brand maintained more than 70% share of the premium robotic vacuum segment, while the S10 MaxV Ultra generated approximately KRW 28 billion in sales within ten days of its February 2026 launch. In Japan, Roborock continued to deepen its premium retail presence through cooperation with Yamada Denki, including dedicated brand displays and nationwide availability of flagship products. Across Asia-Pacific, the company continued to combine its global technology platform with localized channel, marketing and service strategies.

Roborock’s global leadership has also been independently recognized by IDC and Euromonitor International. According to IDC, Roborock ranked No.1 globally by both unit shipments and sales value among robotic vacuum brands in H1 2026, while Euromonitor International ranked the brand No.1 globally by retail sales value in 2025. Together, the two rankings reinforce Roborock’s global market leadership and reflect sustained consumer demand worldwide.

Sustained R&D Investment Supports Long-Term Competitiveness

Roborock continued to invest heavily in technology in the first half of 2026, with R&D spending reaching RMB 720 million, up 5.11% year on year and accounting for 7.14% of revenue. The company continues to build capabilities in intelligent navigation, AI-powered environmental perception, cleaning systems and robotic mobility, while increasingly bringing these technologies together at the system level rather than improving individual specifications in isolation. This integrated approach allows technologies proven in flagship products to be brought into a wider range of models and price segments, helping Roborock strengthen its portfolio while making advanced features available to more consumers.

IFA 2026 Highlights the Next Phase of Innovation

At IFA 2026, Roborock is showcasing its latest advances across indoor and outdoor cleaning. Its new robot vacuums and wet-dry vacuums bring advances in steam-powered care, adaptive cleaning and whole-home versatility, while the Roborock Saros Rover introduces a two-wheel-leg architecture designed to expand robotic mobility beyond flat floors. Roborock is also broadening its intelligent cleaning ecosystem with the debut of the RockAqua P1, its first intelligent pool cleaner, alongside the RockNeo Q2 LiDAR robotic mower, extending its autonomous cleaning capabilities across floors, pools and gardens.

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