IMARC Group, a leading market research company, has recently released a report titled “Online Gambling Market Report by Game Type, Device, and Region, 2025-2033”. The study provides a detailed analysis of the industry, including the global online gambling market trends, share, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global online gambling market size was valued at USD 93.0 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 172.8 Billion by 2033, exhibiting a CAGR of 7.1% during 2025-2033.
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Industry Trends and Drivers:
- Growing Internet Penetration:
The increasing penetration of the internet globally is one of the primary factors driving the market growth. As broadband access becomes more widespread, even in remote and developing regions, more people can participate in online gambling activities. This growth in internet connectivity is bridging the digital divide, making it easier for users to access gambling websites and mobile applications at any time. The availability of high-speed internet, coupled with improved online security measures, has significantly enhanced the user experience. Players can now enjoy smoother, faster gaming, with less concern over data breaches or connectivity issues.
Additionally, the rise of affordable smartphones and mobile data plans has expanded internet access across various demographic segments. People who previously had limited or no access to gambling platforms can now easily engage in online betting, casinos, and poker rooms from the comfort of their homes.
- Mobile Gaming Adoption:
The widespread adoption of mobile gaming has emerged as a major factor propelling the online gambling market. Smartphones have become an integral part of everyday life, and with mobile gaming apps available on various platforms, users can now access gambling services anytime, anywhere. The convenience of mobile devices allows players to engage in short, casual gaming sessions, whether they’re at home, commuting, or even during short breaks at work. This flexibility is a stark contrast to traditional gambling methods that require users to visit physical casinos. Mobile gaming has made it easier for people to participate in activities like sports betting, online poker, and digital slot machines, driving higher engagement. Mobile applications offer user-friendly interfaces designed to enhance the gambling experience on smaller screens.
- Legalization and Regulation:
The legalization and regulation of online gambling across various regions have had a profound impact on the market’s expansion. Countries and states that have historically banned gambling are now revisiting their policies, recognizing the potential for significant tax revenue and economic benefits. This shift in legal frameworks is enabling online gambling operators to enter new markets, creating a surge in both supply and demand. Legalization brings transparency and legitimacy to online gambling operations, ensuring that platforms adhere to strict regulations that protect consumers. These regulations include player protection measures such as age verification, responsible gambling features, and secure payment systems, which enhance trust among users.
Online Gambling Market Report Segmentation:
Breakup By Game Type:
Sports Betting
- Football
- Horse Racing
- E-Sports
- Others
Casino
- Live Casino
- Baccarat
- Blackjack
- Poker
- Slots
- Other
Sports betting accounts for the majority of shares because its popularity, especially with live betting and integration with major sports events, attracts a broad and diverse audience.
Breakup By Device:
- Desktop
- Mobile
- Others
Desktops dominate the market as they offer more detailed interfaces and are preferred by serious players for better functionality and in-depth gaming experiences.
Breakup By Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Europe holds the leading position owing to favorable regulations, a strong culture of gambling, and the widespread adoption of online betting and gaming across various countries.
Top Online Gambling Market Leaders:
The online gambling market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.
Some of the key players in the market are:
- 888 Holdings PLC
- Bet365 Group Ltd.
- Betsson AB
- Cherry Spelgladje AB
- Flutter Entertainment Plc
- Galaxy Entertainment Group
- GVC Holdings Plc
- Intralot S.A.
- Kindred Group Plc
- LeoVegas Mobile Gaming Group
- MGM Resorts International
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Key Highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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