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Blockchain Application in the Gambling and Sports-betting Industry

Human beings have an inner instinct of always going for growth and success. Thus, in our everyday life, we are looking for ways to complete our tasks in the cheapest, fastest and most comfortable way possible. It for this reason the gambling industry is growing at an unfathomable rate. In the year 2018, the global gambling industry recorded a growth of 4.1 (CAGR) reaching 449.3 billion compared to 2014. Further, market size estimates indicate this growth will continue to soar and will net $565.4 billion in revenues by the year 2022 which is a CAGR of 5.9 per cent. Factors…

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