The online gambling market includes different types of online wagering activities, including online casino games, online sports betting, online poker, and online lottery games.
The rules and regulations vary depending on the country, with some countries allowing all forms of online gambling, while others restrict specific types (for example, Australia's ban on interactive games and online casinos). Generally, the market is dominated by a few major operators who offer a wide variety of online gambling services to customers all over the world.
In 2025, the global online gambling industry is projected to reach a revenue of $107 billion, driven by increasing internet penetration, advancements in technology, and the growing popularity of mobile gaming platforms.
The expansion of legalized online gambling markets in various regions, such as the United States, Europe, and parts of Asia, is expected to contribute significantly to this growth.
Furthermore, the integration of new technologies like virtual reality (VR), artificial intelligence (AI), and cryptocurrency / blockchain is enhancing user experiences and improving security, attracting more players. With a broader consumer base and more diverse gaming options, online gambling is poised for continued rapid growth, making it one of the most lucrative sectors in the global entertainment industry.
Statista, a global data and business intelligence platform, has laid out the following information:
- The Online Gambling market is projected to generate $107.70 billion in revenue by 2025.
- The market is expected to grow at a compound annual growth rate (CAGR) of 5.42% from 2025 to 2029, reaching an estimated $133.00 billion by 2029.
- By 2029, the number of users in the Online Gambling market is anticipated to reach 291.4 million.
- User penetration is projected to be 6.6% in 2025, with an increase to 7.6% by 2029.
- The average revenue per user (ARPU) is expected to be $0.44k.
- The United States is expected to generate the highest revenue in the global Online Gambling market, with $29,740 million in 2025.
- Canada will have the highest user penetration in the Online Gambling market, at a projected rate of 74.3%.
Source:
https://www.statista.com/outlook/amo/online-gambling/worldwide
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