Gambling is a form of entertainment that has been around for thousands of years. It is possible that the first gambling game was played around 3,000 BC, when ancient Egyptians bet on which animal would cross the finish line first in a race.
The word “gambling” is derived from an old French word meaning “to play”. Gambling today takes on many different forms, but it all boils down to betting on games of chance for monetary gain. Gambling can be found in casinos all over the world and on the internet too.
New York Times reports that gambling revenue exceeded $1 trillion in 2016, with more than 45 million people risking at least some money on games of chance each day. The World Lottery Association estimates that more than 125 billion are gambled each year worldwide.
Gambling is a form of entertainment in which participants risk money or other stakes on the outcome of a contest of chance or skill.
The gambling industry is one that is constantly changing and evolving, with new forms of gambling emerging all the time. In addition to conventional gambling, there has been an increase in the popularity of mobile and online gambling.