Over the next few years, the global gambling market revenues are predicted to have a compound annual growth rate of 4% to 6%. H2 Gambling Capital, a leading supplier of data and market . 5% from 2020 to 2027. The gambling market is estimated to grow at a CAGR of 7. The global online gambling market was valued at USD 75. Major players in the gambling market include China Sports Lottery, China Welfare Lottery, Sociedad. Global Gambling Market Revenues. The world’s online gambling market is expected to register a CAGR of 11. North America Online Gambling Industry Overview The North American online gambling market is highly fragmented and comprises regional and global players such as 888 Holdings PLC, MGM Resorts International (Borgata Hotel Casino & Spa), Caesars Entertainment Corporation, DraftKings (Golden Nugget), and Flutter Entertainment PLC,. Online Gambling Market Growth & Trends. 31%. 45 billion in 2023 at a compound annual growth rate (CAGR) of 56. 2% by the time 2020 is past gone. 8% from 2022 to 2031. For Europe in 2022, GGR stood at €108. 4bn by 2026, according to VIXIO – that’s based on the market remaining grey – the most significant opportunity in. 65 billion in 2023. The data were drawn from the population-based Gambling Harms Survey 2016 and 2017 conducted in Finland. dollars in 2021;The Global Online Gambling Market is estimated to be USD 57. Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The . The global gambling market was estimated to be worth USD 490. Gambling Market Shares (EU-28) 23. Brand. dollars in 2021, reflecting an increase over the previous year. com. During the year 2020, the market value of casinos globally saw a de-growth of 24%. 6 billion people worldwide gamble, with 4. Global Gambling Market Analysis and Size. 22, 2023. This is more than $150 billion more than the prediction just two years ago. 2022-2028. Lottery, one of the segments analyzed in the report, is projected to record 3. The size of the market is forecast to increase by USD 260. Differences in online gambling behavior by markets The global popularity of lottery products – prize draws or instant tickets – and sports betting is clear from the table of the top three most popular online products by country. 89 billion with a CAGR of 2. 04 billion in 2022. 13 billion in 2020 to $72. The global sports betting market size accounted for USD 83. 6% over the analysis period. 65 billion in 2023 at a compound annual growth rate (CAGR) of 9. Online gambling is legal in many countries, including the United Kingdom, US, Australia, India, Japan, and Canada. The casino gambling market is highly fragmented and comprises regional and global players. In 2022, the global gambling market was worth $458. 57 billion by 2030, recording a CAGR of 11. 63 billion U. S. 04 billion in 2022 to $702. The market is expected to grow from. 6 billion in 2019 to $495. The market is expected to grow at a. 6 billion by 2030. 3% from 2023 to 2030. In terms of revenue, the Online Gambling & Betting market size was valued at around USD 58. Global Online Gambling market size was valued at USD 73. Gambling Market Size. Market size of the online gambling and betting industry worldwide in 2021, with a forecast for 2028 (in billion U. Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 The global online gambling market size reached US$ 79. The 15-second commercial is a glimpse into why Penn agreed to pay ESPN $150mn a year to secure a 10-year licensing deal, wagering that its broadcast stars and. Our report provides vital insights into the market. 3. Global gambling market size is expected at $765. Globally, gambling is perceived as a harmless or low-risk social activity for participants of all ages. 6 billion), with the market set to double in size in the following years. 9% since 2017. 2% CAGR and reach US$411. To understand key trends. 9% through 2022. Trend Period. 01 billion in 2022 and is predicted to grow to around USD 145. 9 million in 2025 to $895,720. The global online gambling market is expected to grow from $64. 89 billion. The UK has been very. Igaming Dashboard – May 2022. This is with a CAGR of 11. The report was produced by the. 4 Billion in the year 2020, is projected to reach a revised size of US$153. The second largest is Italy. The global gambling market is estimated to reach roughly $876 billion by 2026, evolving at a CAGR of 3. Africa gambling market is expected to reach a valuation of US$ 6,784. 8% over the analysis period 2022-2030. 13 billion in 2020 to $72. 9 Billion by 2027. 1% since 2015. According to this report the market is expected to reach a. The Global Online Gambling Market is estimated to be USD 57. Several top-tier markets including Colombia and Peru have passed online gambling legislation over the past few years, as well as a number of Argentinian provinces such as Buenos Aires. 5% & expected USD 7. 9 Billion by 2027, growing at a CAGR of 5. Gambling Market Demand, Analysis, Size, Share And Forecast Report To 2032This report includes the Global Gambling Report, Key Markets Database, Gambl Dublin, Feb. 2 billion from 2020, as per online gambling revenue statistics. Looking forward, the publisher expects the market to reach US$ 133. The Online Gambling Market size is expected to grow from USD 60. Over 4. 04 billion in 2022 to $702. 7%. 4 billion by 2028, according to a relevant report from company Zion Market Research, a consultancy that elaborates deep business intelligence materials. Gainsbury et al. DUBLIN--(BUSINESS WIRE)--The "Global Online Gambling Market Overview, 2023-28" report has been added to ResearchAndMarkets. Global Online Gambling Market size was valued at USD 73. The online worldwide gambling market in 2021 increased by 21. The Russia-Ukraine war. The global gambling market reached a value of nearly $449. Market shares in the regulated Swedish gambling market 2017, percent ATG. 04 billion in 2022, having declined at a compound annual growth rate (CAGR) of -0. Global Mobile Gambling Market to Reach $173. Reading Time: 4 minutes The “Online Gambling Global Market Opportunities And Strategies To 2030, By Game Type, Device” report has been added to ResearchAndMarkets’ offering. The growing internet penetration and rise in the use of mobile phones among users for playing online games is increasing the demand for online gambling. It enables the consumers to gamble from their comfort zone. And, the online gambling market, in general, will be worth $127. The market is expected to grow at a compound annual growth rate of 11. 14 million in 2022 and is expected to expand at a CAGR of 8. Global commercial gambling has grown to be an industry of remarkable size and power. The paradigm shift of gamblers from land-based to online platforms is a. The growth is mainly due to the companies. 6bn of gross win in 2020, down from €2. ReportLinker. 02 billion in 2021 at a compound annual growth rate (CAGR) of 12. 1. The growth is mainly due to the. Forecast Period. 4 Billion in year 2020, is projected to reach a revised size of US$876 Billion by 2026, growing at a CAGR of 3. 5B) narrowly surpasses the U. 1 Global Gambling Enthusiasts Market Share and Revenue (USD Million) for 2018-2030; 11. The global online gambling market will grow from $81. The global gambling market size reached a value of nearly $449. 1% since 2015. Every bettor qualified to bet according to the gambling laws of their land ought to be familiar with live broadcasts, one of the top trends in the global sports betting market in 2022, through which online gambling is deemed to have scaled a new height. The global online gambling market size was valued at USD 63. This report is called “Gambling: Global Market Opportunities & Strategies to 2022. 8 billion in 2028. 1% since 2014, and. Global Online Gambling Market Trends, Growth, and Forecasts Report 2023-2028: Various Sponsorships and Convenient Payment Options Driving the Market12. This report on the gambling market provides a holistic analysis. S. Global casino and online gambling industry market size 2011-2022 Size of the online gambling market in the U. 57 billion by 2030, recording a CAGR of 11. The online gambling market is expected to grow to. 9 Billion in year 2022, is projected to reach a revised size of US$876 Billion by 2026, growing at a CAGR of 3. 2019 revenue levels may not be reached again before 2022. Global Online Gambling Market Features. 4 Trillion by 2030. Online gambling has evolved into a versatile platform, catering. 0 billion in 2022. S. 5 Billion by the end of the analysis. The global online gambling market by product is segmented into casinos, lottery, betting, poker, and others. 3 billion in 2018, having grown at a compound annual growth rate (CAGR) of 4. 2021The gambling industry is still seeing growth in most regions around the world with statistics estimating that the global online gambling market will increase by 57 per cent from $59 billion (€48. Further, the growing demand for mass-market gaming equipment and an increasing number of live casinos are expected to contribute to the growth of the casino gaming equipment market. S. Further, online casinos are becoming popular worldwide. Global iGaming market to reach €93 billion by 2023. Global gambling took a $100bn hit to its revenues in 2020, as a result of governments’ measures to tackle the COVID-19 pandemic. To be precise, it grew $449. The global gambling market size reached a value of nearly $449. S. 9 million in 2020, having increased at a compound annual growth rate (CAGR) of 2. 2 Billion by 2026, growing at a CAGR of 3. By 2023, online gambling revenue may increase by $26. The global gambling market is expected to reach revenues of over $525 billion by 2023, growing at a CAGR of approximately 4% during 2017-2023. 1% between 2022 and 2027. Online Gambling Market Size. S. The report revealed onshore licensed betting’s share of the market grew from 57. 5 Billion in the year 2022, is projected to reach a revised size of US$224. 34% over the next five years. However, it is estimated that the percentage of people with a gambling disorder is between 0. 1 Global “Gambling Revenue and Market Share” by Type (2018-2024) 4. The resulting evaluation and recommendations have been set out in this report and provides an assessment of the core criteria necessary for an optimum betting market from a regulatory and fiscal perspective. Past-year. 6 billion in 2019 to $495. 70% in the forecast period of 2021 to 2028, reaching USD 144. 45 billion in 2023 at a compound annual growth rate (CAGR) of 56. Dominant Region. News provided by. The Online Gambling market worldwide is projected to grow by 8. 6% over the analysis period 2020-2027. But thatINSIGHTS BY PRODUCT. overall EU-28 gambling market. 1 Billion by 2030, growing at a CAGR of 10. The growth is mainly due to the companies rearranging their. 8% Total Gross. 3%. 3%. 7 billion as revenue can be attributed to the. is in the first chapter—maybe even just the foreword—in. 2bn in Gross Gaming Revenue, accounting for 49. 6% over the analysis period. The global gambling market is expected to grow from $465. With total gross gaming revenue of $12. See full list on casino. Due to a variety of driving. 57 billion by 2030, recording a CAGR of 11. 3. 04 billion in 2022 to $702. 65 million in 2021 and is expected to expand at a CAGR of 11. 9 Billion in year 2022, is projected to reach a revised size of US$876 Billion by 2026, growing at a CAGR of 3. The global gambling market is expected to increase due to budding internet penetration, hiking penetration of smart devices, growing global population, improving spending capability globally, etc. The global gambling market is expanding rapidly. The Global Gambling Market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2031. The global gambling market reached a value of nearly $465,763. The “Gambling Global Market Opportunities And Strategies To 2030, By Type, Channel Type” report has been added to ResearchAndMarkets’ offering. 03%. The global gambling market is expected to grow from $287. In 2022, the casino segment dominated the industry with over 52% market share. 1% during the forecast. The global gambling market is expected to reach a value of over $565 billion by 2022. Due to the increase in new smartphones and easy access to gaming platforms, the factors such as increasing use of the internet, and availability of cost. The global online gambling market size is estimated to grow by USD 150. 43 billion in 2021 to $458. 36 Billion. What tools do companies need to keep up with the trend? Ayvar Gabidullin, Business Development Manager at Slotegrator, shares. Key factors such as an increase in the number. The gambling market is segmented into casinos; lotteries; sports betting and other gambling. Download Free Sample. 03% during the forecast period. Gambling harms might be exported globally as European operators seek new markets, many of them in low-income or developing countries. This growth was driven mainly by the reopening of land-based gambling venues following the pandemic, with land-based gross gaming revenue increasing 34%. In 2014, 25 percent of the global gambling. Online gambling is betting on sports games, casinos, and others over the internet. The market size was $58,960 million in 2019. Global "Gambling & Betting Market” (2023-2030) research report represents a detailed overview of the current market situation and forecasts till 2030. The term Gambling is more preferred by companies operating within the gambling market. The percentage of problem gamblers varies per country, and each country has different percentages of people impacted by a gambling disorder depending on their socioeconomic status. 3% and. 13 billion to $72. Nov 16, 2023 12:51PM EST. 9 billion. Europe’s gambling market revenue stabilised in 2022 and reached €108,5bn gross gaming revenue, an 8% increase compared to pre-pandemic levels in 2019 and a 23% rise compared to 2021. 2 Billion in the year 2022, is projected to reach a revised size of US$173. Based on this literature review, the author points out that. As more people in Asia are starting to bet on sports, making up 30-40% of the global gambling market, there is an opportunity for casinos to provide players with new and interesting ways to bet. 76 billion. 6 billion in 2021, and is projected to reach $430. Online Gambling Market Size. 02 billion in 2021 at a compound annual growth rate (CAGR) of 12. INSIGHTS BY PRODUCT. 98 million by 2027. The global online gambling market size reached US$ 79. The global gambling market reached a value of nearly $465,763. S. 86 billion in 2023 at a rate of 12. An estimated total of US$ 66. Reading Time: 2 minutes The “Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” report has been added to ResearchAndMarkets. 4%. 65 million During Forecast Period. Global Gambling Market | Latest Research Report (2023-2031), provided analysis of the industry which also highlights the major market growth trends, opportunities, threats, and drivers. Apply for (Taiwan) Campus Recruiting - 2024 P&G Internship Program - Brand Management Function job with Procter & Gamble in Taiwan, Taiwan, Taiwan – Greater China. The increasing internet penetration and use of mobile phones to play online games are driving the demand for online gambling. Request a free sample reportGAMBLING’S $100BN COVID HIT. The Global Online Gambling Market is one such industry that requires keen awareness, with a projected growth from USD 79. Number of Illustrations 8 b/w illustrations, 30 illustrations in colour. The growth of the market depends on several factors, including the increasing betting on e-sports, the high penetration of smartphones, and the reduced stringency in government regulations. 03 billion in 2021 at a compound annual growth rate (CAGR) of 10. The global gambling market is segmented - 1) By Type: Casino, Lotteries, Sports Betting, Other Gambling 2) By Channel Type: Offline, Online, Virtual Reality(VR) 3) By End-User: Gambling Enthusiasts, Social Exuberant, Other End-Users The global gambling market size grew from $449. 5 billion in 2021 and will reach up to USD 114. Key Markets Database: gambling data for 130+ key jurisdictions (2001 - 2022f) in local currency and US$The global expansion of the gambling market was in fact under way before the growth of the internet became a relevant factor. Those figures represent every type of activity that is considered to come under the definition of gambling, including land-based casinos, bookmakers, bingo. , Betsson. Series E-ISSN 2569-6106. ; The Sports Betting market is forecasted to raise its revenue to 86% by 2028. A lottery is a well-liked game of chance whose winners are determined by the drawing of particular numbers. 45 billion in 2023, growing at a compound annual growth rate (CAGR) of 56. , Citation 2018). 5 billion. The online. Gambling is a hot topic these years. 7% from 2023 to 2030, based on a report by Grand View Research, Inc. 8 Billion in the year 2022, is projected to reach a revised size of US$140. Sports Betting Market Overview (2023 to 2033) The sports betting market size is estimated to be at US$ 91,940. 58 billion by 2028, growing at a CAGR of 12. The global online gambling market size is predicted to touch USD 153. More than 44,000 people are employed in the gambling industry in the UK. 2%. has reported that the size of the global online gambling market is expected to reach USD 102. 13 billion. S. 3%. The global Online Gambling market size was valued at USD 53612. The market research reports 888 Holdings, Bet-at-home. 6% over the assessment period. The gambling market is estimated to grow at a CAGR of 7. The global market for Gambling estimated at US$747. 3% to US$ 245,792. With a potential iGaming revenue of $4. The global casino online gambling market is expected to grow at a rate of 13. Gambling Industry compound annual growth rate (CAGR) will be XX% from 2023 till 2030. - In the changed post COVID-19 business landscape, global market for Gambling estimated at US$711 Billion in the year 2020, is projected to reach a revised size of US$912 Billion by 2027, growing. The "Online Gambling And Betting Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts - 2022 to 2030" report has been. S. Historical Data Time Period. It offers an in-depth analysis of the market. . Key players like Bet365, Entain PLC, Flutter Entertainment PLC, and Kindred Group PLC dominate the market. 11 Bn in 2020 and is expected to reach USD 97. 13% - Request a sample. 4%. 9 Billion by 2028, exhibiting a CAGR of 9. The Russo-Ukranian war has gone on for some years now, and in this article, we explore the impact it could be having on the. 44 billion. 4 billion by 2031, growing at a CAGR of 3. 45 billion in 2023 at a compound annual growth rate (CAGR) of 56. . Complimentary updates for one year. 54% over the forecast period 2022-2030. In terms of revenue, the Online Gambling and Betting market size was valued at around USD 58. Follow. The global gambling market is expected to grow from $449. Global Gambling Market Report 2021: Market to Grow from $465. [Online]. 51 billion by 2029. 2018-2023. The global gambling market is expected to grow from $465. Online Gambling Market - The global online gambling market size is predicted to touch USD 153. That represented a compound annual growth rate (CAGR) of 12. The market income for esports gambling in China increased to 140 billion yuan in 2021, a 2. 45 billion in 2023 at a compound annual growth rate (CAGR) of 56. 3 Global Gambling Market by Product Type (Casino, Lotteries, Gaming Machines, Betting and Other) 3. 7% during the forecast period (2022–2030). GBGC’s comprehensive 4,000-page Global Gambling Report contains information and data on the gambling activities in more than 250 jurisdictions. 7% during the forecast period. dollars in 2021, an increase over the previous year’s total of almost 173 billion U. The global online gambling market is expected to grow from $64. 3%. it was the largest segment within the amusements market accounting for 86. 45 billion in 2023 at a compound annual. 31%. Asia/Middle East 38 %. The global Gambling & Betting market size was valued at USD 251659. 1% during the forecast period – European Gaming Industry NewsThe global market for online gambling exhibited a strong performance through the years 2015 to 2018. Get A Free Sample On The Global Gambling Market Report:CasinoLandia’s Expectations and Forecasts for the Global Online Gambling Market 2024. Notably, the emergence of 5G networks played a monumental role to bolster the rise of mobile gambling. Easy availability and access to games on the Internet and the growing. 69 Bn by 2025, growing at a CAGR of 11. This has been forecast to rise to 114. In a recent report from the American Gaming Association (AGA), analyst Chris Grove said : “Online betting in the U. The market is driven by the increasing betting on e-sports, the high penetration of smartphones, and reduced stringency in government regulations. In gambling matters, the interest lies in the fact that gambling proceeds are distributed to associations, culture and sports. 3% to US$ 245,792. Online. " Gambling Industry Statistics. The global gambling market by geography is divided into APAC, Europe, North America, Latin America, and MEA. Major players have opted for partnerships and new product development as their key organic growth strategies and also opted inorganic growth strategies to enhance. dollars. S. ; The global Gambling Market is predicted to reach $79. Live Broadcasts. 1. 65 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10. Research. Contact the US: Mr. From. According to a report by The Business Research Company, the global gambling market was worth $449. Global Gambling Market, Segmentation By Type, Historic And Forecast, 2017 – 2022, 2027F, 2032F, Value ($ Billion) 13. 9 Billion by 2027. 76 billion in 2020 to $516. The market growth can be attributed to the increasing demand for online gambling and betting products, rising disposable income, and technological advancements. 1 billion in 2021, and it is expected to reach a value of USD 153. 89 bn by 2027 at a growth rate of 2. 2. Gambling Insider is the premier business-to-business publication and daily news website for the gaming industry. +1-800-792-5285 (TOLL-FREE) (UK): +44-845-528-1300The global market for Gambling estimated at US$747. The casinos and gambling market is poised to grow by $90. 1. 89 billion by 2028. Esports are becoming progressively widely held in recent years and nowadays can counterpart old-fashioned sports in terms. Live broadcasts allow punters to follow different matches on the go. This online market is a massive one that generates money from remote gaming activities either on mobile or desktops devices.