Fundamental Business Insights and Consulting
Home Industry Reports Custom Research Blogs About Us Contact us

Online Gambling Market Size & Share, By Type (Sports Betting, Casinos, Poker, Bingo), Device (Desktop, Mobile) - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Report ID: FBI 14257

|

Published Date: Apr-2025

|

Format : PDF, Excel

Перспективы рынка:

Online Gambling Market size is predicted to reach USD 230.5 billion by 2034, up from USD 77.61 billion in 2024, reflecting a CAGR of over 11.5% during the forecast period from 2025 to 2034. The industry revenue for 2025 is projected to be USD 85.78 billion.

Base Year Value (2024)

USD 77.61 billion

21-24 x.x %
25-34 x.x %

CAGR (2025-2034)

11.5%

21-24 x.x %
25-34 x.x %

Forecast Year Value (2034)

USD 230.5 billion

21-24 x.x %
25-34 x.x %
Online Gambling Market

Historical Data Period

2021-2034

Online Gambling Market

Largest Region

Asia Pacific

Online Gambling Market

Forecast Period

2025-2034

Get more details on this report -

Динамика рынка:

Growth Drivers & Opportunities

The online gambling market is experiencing significant growth due to several key drivers. One of the primary catalysts is the increasing penetration of smartphones and high-speed internet, which has made online betting more accessible to a broader audience. As mobile devices continue to proliferate, operators are investing in more user-friendly applications and platforms, catering to the growing base of mobile users. This trend is bolstered by the younger generation’s familiarity with technology, who are more inclined to engage in online gambling activities.

Additionally, the liberalization of gambling laws in various countries is creating new opportunities for market expansion. As more jurisdictions legalize online gambling, companies are seizing the chance to enter new markets and tap into fresh revenue streams. This trend is particularly evident in regions where traditional gambling establishments are gaining popularity, providing a lucrative environment for online operators. Furthermore, technological advancements such as live dealer experiences and virtual reality offerings are enhancing user engagement, making online gambling more appealing to customers.

Marketing strategies tailored to attract diverse demographics are also propelling growth in the online gambling sector. By employing targeted advertising, affiliate marketing, and social media campaigns, operators can effectively reach potential customers. Additionally, the rise of esports and fantasy sports is expanding the online betting portfolio, allowing companies to attract younger audiences with innovative gaming experiences. These opportunities underline the evolving landscape of online gambling, emphasizing that operators who can adapt their offerings are likely to achieve considerable success.

Industry Restraints

While the online gambling market presents numerous growth opportunities, it is not without its challenges. One major restraint is the regulatory uncertainty surrounding gambling laws in various regions. Governments across the globe differ widely in their approach to online gambling, leading to a fragmented market environment. This inconsistency can result in compliance complexities for operators, hindering their ability to develop and expand in certain jurisdictions.

Furthermore, concerns regarding responsible gambling and the risk of addiction present significant challenges for the industry. As more individuals engage in online gambling, there is heightened scrutiny regarding the potential negative impacts on public health. This scrutiny has led to calls for stricter regulations, which could impose operational restrictions that affect profitability. Additionally, the need for effective measures to promote responsible gambling initiatives may require further investment from operators, adding to operational costs.

Another restraint is the growing competition from both established and emerging players within the online gambling space. As the market becomes increasingly saturated, operators face pressure to differentiate their offerings and maintain customer loyalty. This competition can drive down profit margins, compelling companies to enhance their marketing strategies and technology while managing operational costs. The combination of these factors creates a complex landscape for online gambling operators, presenting both challenges and opportunities that they must navigate to achieve sustained growth.

Региональный прогноз:

Online Gambling Market

Largest Region

Asia Pacific

XX% Market Share in 2024

Get more details on this report -

North America

The North American online gambling market is primarily driven by the United States, where recent legislative changes have allowed states to legalize and regulate online gambling. States like New Jersey, Pennsylvania, and Michigan have seen significant growth, creating robust ecosystems for online casinos and sports betting. Canada also presents a growing market, with provinces increasingly adopting online gambling frameworks. The liberalization of betting laws and the rising acceptance of gaming technology are expected to further fuel growth in both the U.S. and Canada. The market dynamics in North America are characterized by technological innovation, as mobile gambling and user-friendly platforms gain traction among a tech-savvy consumer base.

Asia Pacific

In the Asia Pacific region, several countries are emerging as key players in the online gambling market, with Japan, South Korea, and China at the forefront. Japan is undergoing significant changes as it explores the legalization of integrated resorts and online gaming, creating opportunities for both domestic and international operators. South Korea maintains a strict regulatory environment yet has a burgeoning interest in online gaming, particularly in esports betting. China, despite its stringent laws against most forms of gambling, has a large population receptive to online gaming platforms, particularly in areas like Macau, which continues to be a global gambling hub. The region's growth potential is enhanced by the increasing penetration of the internet and mobile devices, which are reshaping how consumers engage with gambling.

Europe

Europe remains one of the most developed markets for online gambling, with the UK, Germany, and France leading in market size and growth. The UK continues to set standards with its comprehensive regulatory framework and a well-established online betting culture. Germany has recently reformed its gambling laws to allow for more regulated online offerings, driving rapid growth as new operators enter the market. France, with its robust regulatory body, has also seen steady growth, particularly in sports betting and online casinos. The European market is characterized by a diverse range of gaming preferences and strong competition, promoting innovation and enhanced gaming experiences among consumers. As digital engagement continues to rise, these countries are expected to leverage technology to further enhance their online gambling landscapes.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Online Gambling Market
Online Gambling Market

Анализ сегментации:

""

In terms of segmentation, the global Online Gambling market is analyzed on the basis of Type, Device.

Market Overview

The online gambling market has seen significant growth over the past several years, driven by advancements in technology, changes in regulations, and shifting consumer preferences. As the market evolves, distinguishing key segments will provide deeper insights into its trajectory and potential.

Types of Online Gambling

The online gambling market can be categorized primarily into three segments: casino games, sports betting, and poker. Casino games, which include slots, table games, and live dealer offerings, represent a substantial portion of the market. The introduction of innovative gaming experiences and graphics has propelled the popularity of these games, particularly among younger demographics. Sports betting has emerged as a rapidly expanding segment, especially following the legalization of sports wagering in numerous jurisdictions. The advent of mobile applications and live betting options has made it more accessible and appealing to a broader audience. Poker remains a traditional favorite among online gamers, with various formats like tournament play and cash games attracting dedicated players. While poker shows steady demand, it is the casino games and sports betting sectors that are anticipated to demonstrate the largest market sizes and fastest growth rates in the foreseeable future.

Devices Used for Online Gambling

The devices used for online gambling can be segmented into desktop, mobile, and tablet platforms. Desktop computers have historically been the primary choice for online gamblers due to the comprehensive gaming experience they provide. However, the market is witnessing a significant shift toward mobile platforms, driven by the proliferation of smartphones and the convenience they offer. Mobile gambling apps have transformed user engagement, providing instant access to games and betting options on-the-go. This segment is projected to experience the fastest growth, as operators improve their mobile offerings and adapt to user preferences. Tablets also play a crucial role, bridging the gap between desktops and mobile devices by offering a larger screen for gaming. While desktops remain important, mobile devices are becoming increasingly dominant, reshaping how consumers participate in online gambling.

Conclusion

As the online gambling market continues to mature, understanding these key segments will be essential for stakeholders aiming to capitalize on emerging opportunities and navigate the dynamic landscape effectively.

Get more details on this report -

Конкурентная среда:

The online gambling market is characterized by a rapidly evolving competitive landscape marked by the proliferation of innovative technologies, regulatory shifts, and changing consumer preferences. Major players in the sector are increasingly focusing on enhancing user experience through personalized interfaces, mobile optimization, and the integration of advanced analytics. The rise of cryptocurrencies and blockchain technology is also reshaping the industry, attracting a new demographic of users while presenting unique operational challenges. Partnerships with software providers and ongoing investment in marketing strategies are essential for companies to differentiate themselves in this saturated market. The ongoing expansion into emerging markets and the diversification of service offerings continue to intensify competition among established firms and new entrants.

Top Market Players

1. Flutter Entertainment

2. Entain plc

3. Bet365 Group Ltd

4. William Hill

5. 888 Holdings plc

6. Kindred Group

7. DraftKings Inc.

8. Caesars Entertainment Inc.

9. PokerStars (part of Flutter Entertainment)

10. Scientific Games Corporation

Our Clients

Why Choose Us

Specialized Expertise: Our team comprises industry experts with a deep understanding of your market segment. We bring specialized knowledge and experience that ensures our research and consulting services are tailored to your unique needs.

Customized Solutions: We understand that every client is different. That's why we offer customized research and consulting solutions designed specifically to address your challenges and capitalize on opportunities within your industry.

Proven Results: With a track record of successful projects and satisfied clients, we have demonstrated our ability to deliver tangible results. Our case studies and testimonials speak to our effectiveness in helping clients achieve their goals.

Cutting-Edge Methodologies: We leverage the latest methodologies and technologies to gather insights and drive informed decision-making. Our innovative approach ensures that you stay ahead of the curve and gain a competitive edge in your market.

Client-Centric Approach: Your satisfaction is our top priority. We prioritize open communication, responsiveness, and transparency to ensure that we not only meet but exceed your expectations at every stage of the engagement.

Continuous Innovation: We are committed to continuous improvement and staying at the forefront of our industry. Through ongoing learning, professional development, and investment in new technologies, we ensure that our services are always evolving to meet your evolving needs.

Value for Money: Our competitive pricing and flexible engagement models ensure that you get maximum value for your investment. We are committed to delivering high-quality results that help you achieve a strong return on your investment.

Select Licence Type

Single User

US$ 4250

Multi User

US$ 5050

Corporate User

US$ 6150