Global Online Gambling Market Outlook, 2028

The Global Online Gambling Market is expected to reach a size of over USD 179 Billion, up from USD 94.17 billion in 2022. From 2023 to 2028 with 11.64% CAGR.

Featured Companies

  • 1. Bally's Corporation
  • 2. Betsson AB
  • 3. Entain Plc
  • 4. Firekeepers Casino
  • 5. Churchill Downs Incorporated
  • 6. Kindred Group plc
  • 7. The Stars Group
  • 8. Sportech PLC
  • 9. 888 Holdings Plc
  • More...

The widespread availability of low-cost mobile applications for online gambling and betting around the world is expected to drive market growth over the forecast period. The increasing penetration of the internet is also expected to increase the use of online gambling platforms around the world. This helps to increase investments in online gambling platforms and the number of live casinos around the world. Furthermore, the increasing popularity of the freemium model is expected to drive market growth during the forecast period. Continuous technological advancements are also greatly favouring market expansion. Commercial models such as virtual currency and social casinos, game formats, in-play sports, wagering, and mobile geolocation are examples of significant developments. AI-based recognition software and crypto currency are being financed. Furthermore, market players' growing proclivity towards Virtual Reality (VR) to provide realistic gaming experiences will have a positive impact on the market. For example, prominent sports betting and gaming entertainment company Entain will launch the first VR-based multi-sport entertainment experience in 2021. This new offering was created in collaboration with Verizon Media. According to the reseach report, “Global Online Gambling Market Outlook, 2028," published by Bonafide Research, the market is expected to reach a size of over USD 179 Billion, up from USD 94.17 billion in 2022. From 2023 to 2028, the market is expected to grow at an 11.64% CAGR. Increased investment in the online gambling market can be attributed primarily to rising demand for cost-effective payment mechanisms. The introduction of virtual and augmented reality is another important factor encouraging investments in online gambling. There are numerous investment opportunities in the market, influencing professional players to invest in sports betting and stocks of critical online gambling companies. Furthermore, growing consumer preference for online live casinos over traditional land-based casinos in countries where both offline and online gambling are legal is strongly favouring market growth. The migration of players from traditional to online gambling has created lucrative growth opportunities for online casino operators. Many professional players prefer live casinos because they help them keep track of their moves. Furthermore, they provide games in real-time with live dealers, a live chat feature, and games that can be played anytime and anywhere.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Online Gambling Market According to the report, the market is segmented into five major regions, including North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Among them, Europe is dominating the market in 2022 with over 40% of the market share, followed by North America and Asia-Pacific. North America is expected to have the highest CAGR in the global online gambling market during the forecast period, followed by South America and Asia-Pacific. However, increased use of internet services and relaxation of restrictions on online gambling and betting are expected to drive market development in Asia Pacific over the forecast period. Furthermore, bitcoin adoption has contributed to an increase in crypto currency gambling usage. Increased leisure spending, combined with Asia Pacific's rapid economic growth, and is expected to drive market growth throughout the forecast period. APAC's major revenue-generating countries are China, India, and Japan. The global online gambling market is divided into several segments: sports betting, casinos, poker, bingo, and lottery. Poker is expected to dominate the market during the forecast period. In 2022, the sports betting segment held the largest share of the global market. The rising popularity of digital platforms around the world is expected to drive the segment's growth. The increasing spending capacity of the population in emerging economies as per capita income rises is expected to contribute to segment growth. However, the poker segment is growing at a faster rate than the rest of the market. This can be attributed to a variety of factors, including the enormous popularity of virtual card games and others. One of the primary factors driving the segment's growth is the convenience provided by digital platforms. The majority of websites and platforms accept payments via wallets, credit or debit cards, and cryptocurrencies. Furthermore, the availability of a diverse range of online poker games is expected to boost the segment's industry growth.

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Manmayi Raval

Manmayi Raval

Research Consultant

Based on the report, the market is segmented into device type, mobile devices (phones and tablets) and desktop. Among them the mobile devices are leading the market with major revenue generation in 2022. During the anticipated period also the market is driven by mobile devices as well. Mobile devices are portable and easy to use, which means that users can access online gambling services at any time and from anywhere, as long as they have an internet connection. This level of convenience is particularly appealing to users who are always on the go and may not have access to a computer. Mobile devices are becoming increasingly affordable, which means that more people can afford to purchase them. As a result, the number of people who have access to online gambling services through their mobile devices is growing rapidly. The technology behind mobile devices has improved significantly over the years, with faster internet connections, larger screens, and better processing power. This means that users can enjoy a seamless and immersive gambling experience on their mobile devices. Recent Developments: • In August 2022, Gambling.com Group Limited, a top supplier of player acquisition services for the regulated global online gambling sector, announced its plans to offer marketing services to licensed online sports betting operators in Kansas. • In February 2022, Aristocrat announced its plans to start an online gaming division. The company revealed that it would establish a third operating business to oversee the online RMG space. • In June 2022, to Provide passengers on cruise ships with top-notch retail and mobile sports betting and online gambling experiences, BetMGM, a renowed sports betting and iGaming operator, announced a new cooperation with Carnival Corporation. Through this alliance, gambling will be accessible on more than 50 ships in the United States, including those operated by Carnival Cruise Line, Holland America Line and Princess Cruises. The platforms from BetMGM will lauch gradually over the upcoming months. • In August 2022, the global sports betting, gaming and interactive entertainment company Entain plc announced a partnership with EMMA capital a renowed Czech Investment Company, to lauch Entain CEE. This new business will help the company expand in Central and Eastern Europe. 75% of the economic rights in Entain CEE will belong to Entain. The SuperSport Group ("SuperSport"), Croatia's top gaming and sports book operator, will be purchased by Entain CEE from EMMA. • In October 2021, Connecticut completely launched its online casino and sports betting one day after New Jersey declared it was the first state to take in more than USD 1 billion in wagers on sports in a single month. Thousands of wagers were placed in the first few hours. • December 2020: GVC Holdings Plc, in partnership with MGM resorts international, announced the launch of an online BetMGM casino in Pennsylvania. The company is offering 140 types of online games available on android and iOS.

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Manmayi Raval

Considered in this report • Geography: Global • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • Global Online Gambling market with its value and forecast along with its segments • Regional-wise Online Gambling market analysis • On-going trends and developments • Top profiled companies • Strategic recommendation Regions & Countries Covered in the report: • North America (US, Canada, Mexico) • Europe (Germany, France, United Kingdom, Italy, Spain, Russia) • Asia-Pacific (China, Japan, India, Australia) • South America (Brazil, Argentina) • Middle-East & Africa (Turkey, South Africa) By Gaming Type: • Sports Betting • Casinos • Poker • Bingo • Lottery • Others By Device Type: • Mobile Devices (phones and tablets) • Desktop The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Online Gambling industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Companies Mentioned

  • Bally's Corporation
  • Betsson AB
  • Entain Plc
  • Firekeepers Casino
  • Churchill Downs Incorporated
  • Kindred Group plc
  • The Stars Group
  • Sportech PLC
  • 888 Holdings Plc
  • Sportpesa
  • MGM Resorts International
  • 1XBet
  • Cherry Spelgladje AB
  • Galaxy Entertainment Group
  • Intralot S.A.
  • Leovegas Mobile Gaming Group
  • Flutter Entertainment plc
  • Bet365 Group Ltd
  • Betfred Group Limited
  • The Rank Group

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers
  • 2.2. Challenges
  • 2.3. Opportunity
  • 2.4. Restraints
  • 2.5. Market Trends
  • 2.6. Covid-19 Effect
  • 2.7. Supply chain Analysis
  • 2.8. Policy & Regulatory Framework
  • 2.9. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Competitive Landscape
  • 6.1. Competitive Dashboard
  • 6.2. Business Strategies Adopted by Key Players
  • 6.3. Key Players Market Share Insights and Analysis, 2022
  • 6.4. Key Players Market Positioning Matrix
  • 6.5. Consolidated SWOT Analysis of Key Players
  • 6.6. Porter's Five Forces
  • 7. Global Online Gambling Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Size and Forecast, By Geography
  • 7.3. Market Size and Forecast, By Game Type
  • 7.4. Market Size and Forecast, By Device Type
  • 8. North America Online Gambling Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share By Country
  • 8.3. Market Size and Forecast By Game Type
  • 8.4. Market Size and Forecast By Device Type
  • 8.5. US Online Gambling Market Outlook
  • 8.5.1. Market Size By Value
  • 8.5.2. Market Size and Forecast By Game Type
  • 8.5.3. Market Size and Forecast By Device Type
  • 8.6. Canada Online Gambling Market Outlook
  • 8.6.1. Market Size By Value
  • 8.6.2. Market Size and Forecast By Game Type
  • 8.6.3. Market Size and Forecast By Device Type
  • 8.7. Mexico Online Gambling Market Outlook
  • 8.7.1. Market Size By Value
  • 8.7.2. Market Size and Forecast By Game Type
  • 8.7.3. Market Size and Forecast By Device Type
  • 9. Europe Online Gambling Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share By Country
  • 9.3. Market Size and Forecast By Game Type
  • 9.4. Market Size and Forecast By Device Type
  • 9.5. Germany Online Gambling Market Outlook
  • 9.5.1. Market Size By Value
  • 9.5.2. Market Size and Forecast By Game Type
  • 9.5.3. Market Size and Forecast By Device Type
  • 9.6. UK Online Gambling Market Outlook
  • 9.6.1. Market Size By Value
  • 9.6.2. Market Size and Forecast By Game Type
  • 9.6.3. Market Size and Forecast By Device Type
  • 9.7. France Online Gambling Market Outlook
  • 9.7.1. Market Size By Value
  • 9.7.2. Market Size and Forecast By Game Type
  • 9.7.3. Market Size and Forecast By Device Type
  • 9.8. Italy Online Gambling Market Outlook
  • 9.8.1. Market Size By Value
  • 9.8.2. Market Size and Forecast By Game Type
  • 9.8.3. Market Size and Forecast By Device Type
  • 9.9. Spain Online Gambling Market Outlook
  • 9.9.1. Market Size By Value
  • 9.9.2. Market Size and Forecast By Game Type
  • 9.9.3. Market Size and Forecast By Device Type
  • 9.10. Russia Online Gambling Market Outlook
  • 9.10.1. Market Size By Value
  • 9.10.2. Market Size and Forecast By Game Type
  • 9.10.3. Market Size and Forecast By Device Type
  • 10. Asia-Pacific Online Gambling Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share By Country
  • 10.3. Market Size and Forecast By Game Type
  • 10.4. Market Size and Forecast By Device Type
  • 10.5. China Online Gambling Market Outlook
  • 10.5.1. Market Size By Value
  • 10.5.2. Market Size and Forecast By Game Type
  • 10.5.3. Market Size and Forecast By Device Type
  • 10.6. Japan Online Gambling Market Outlook
  • 10.6.1. Market Size By Value
  • 10.6.2. Market Size and Forecast By Game Type
  • 10.6.3. Market Size and Forecast By Device Type
  • 10.7. India Online Gambling Market Outlook
  • 10.7.1. Market Size By Value
  • 10.7.2. Market Size and Forecast By Game Type
  • 10.7.3. Market Size and Forecast By Device Type
  • 10.8. Australia Online Gambling Market Outlook
  • 10.8.1. Market Size By Value
  • 10.8.2. Market Size and Forecast By Game Type
  • 10.8.3. Market Size and Forecast By Device Type
  • 11. South America Online Gambling Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share By Country
  • 11.3. Market Size and Forecast By Game Type
  • 11.4. Market Size and Forecast By Device Type
  • 11.5. Brazil Online Gambling Market Outlook
  • 11.5.1. Market Size By Value
  • 11.5.2. Market Size and Forecast By Game Type
  • 11.5.3. Market Size and Forecast By Device Type
  • 11.6. Argentina Online Gambling Market Outlook
  • 11.6.1. Market Size By Value
  • 11.6.2. Market Size and Forecast By Game Type
  • 11.6.3. Market Size and Forecast By Device Type
  • 12. Middle East & Africa Online Gambling Market Outlook
  • 12.1. Market Size By Value
  • 12.2. Market Share By Country
  • 12.3. Market Size and Forecast By Game Type
  • 12.4. Market Size and Forecast By Device Type
  • 12.5. Turkey Online Gambling Market Outlook
  • 12.5.1. Market Size By Value
  • 12.5.2. Market Size and Forecast By Game Type
  • 12.5.3. Market Size and Forecast By Device Type
  • 12.6. South Africa Online Gambling Market Outlook
  • 12.6.1. Market Size By Value
  • 12.6.2. Market Size and Forecast By Game Type
  • 12.6.3. Market Size and Forecast By Device Type
  • 13. Company Profile
  • 13.1. Bally's Corporation
  • 13.1.1. Company Snapshot
  • 13.1.2. Company Overview
  • 13.1.3. Financial Highlights
  • 13.1.4. Geographic Insights
  • 13.1.5. Business Segment & Performance
  • 13.1.6. Product Portfolio
  • 13.1.7. Key Executives
  • 13.1.8. Strategic Moves & Developments
  • 13.2. Betsson AB
  • 13.3. Entain Plc
  • 13.4. Firekeepers Casino
  • 13.5. Churchill Downs Incorporated
  • 13.6. Kindred Group plc
  • 13.7. The Stars Group
  • 13.8. Sportech PLC
  • 13.9. 888 Holdings Plc
  • 13.10. Sportpesa
  • 13.11. MGM Resorts International
  • 13.12. 1XBet
  • 13.13. Cherry Spelgladje AB
  • 13.14. Galaxy Entertainment Group
  • 13.15. Intralot S.A.
  • 13.16. Leovegas Mobile Gaming Group
  • 13.17. Flutter Entertainment plc
  • 13.18. Bet365 Group Ltd
  • 13.19. Betfred Group Limited
  • 13.20. The Rank Group
  • 14. Strategic Recommendations
  • 15. Annexure
  • 15.1. FAQ`s
  • 15.2. Notes
  • 15.3. Related Reports
  • 16. Disclaimer

List of Table

Table 1: Global Online Gambling Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Influencing Factors for Global Online Gambling Market, 2022
Table 3: Top 10 Counties Economic Snapshot 2020
Table 4: Economic Snapshot of Other Prominent Countries 2020
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Online Gambling Market Size and Forecast, By Geography (2017 to 2028F) (In USD Billion)
Table 7: Global Online Gambling Market Size and Forecast, By Game Type (2017 to 2028F) (In USD Billion)
Table 8: Global Online Gambling Market Size and Forecast, By Device Type (2017 to 2028F) (In USD Billion)
Table 9: North America Online Gambling Market Size and Forecast By Game Type (2017 to 2028F) (In USD Billion)
Table 10: North America Online Gambling Market Size and Forecast By Device Type (2017 to 2028F) (In USD Billion)
Table 11: US Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 12: US Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 13: Canada Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 14: Canada Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 15: Mexico Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 16: Mexico Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 17: Europe Online Gambling Market Size and Forecast By Game Type (2017 to 2028F) (In USD Billion)
Table 18: Europe Online Gambling Market Size and Forecast By Device Type (2017 to 2028F) (In USD Billion)
Table 19: Germany Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 20: Germany Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 21: UK Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 22: UK Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 23: France Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 24: France Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 25: Italy Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 26: Italy Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 27: Spain Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 28: Spain Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 29: Russia Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 30: Russia Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 31: Asia-Pacific Online Gambling Market Size and Forecast By Game Type (2017 to 2028F) (In USD Billion)
Table 32: Asia-Pacific Online Gambling Market Size and Forecast By Device Type (2017 to 2028F) (In USD Billion)
Table 33: China Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 34: China Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 35: Japan Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 36: Japan Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 37: India Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 38: India Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 39: Australia Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 40: Australia Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 41: South America Online Gambling Market Size and Forecast By Game Type (2017 to 2028F) (In USD Billion)
Table 42: South America Online Gambling Market Size and Forecast By Device Type (2017 to 2028F) (In USD Billion)
Table 43: Brazil Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 44: Brazil Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 45: Argentina Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 46: Argentina Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 47: Middle East & Africa Online Gambling Market Size and Forecast By Game Type (2017 to 2028F) (In USD Billion)
Table 48: Middle East & Africa Online Gambling Market Size and Forecast By Device Type (2017 to 2028F) (In USD Billion)
Table 49: Turkey Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 50: Turkey Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 51: South Africa Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 52: South Africa Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)

List of Figures

Figure 1: Global Online Gambling Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Competitive Dashboard of top 5 players, 2022
Figure 5: Market Share insights of key players, 2022
Figure 6: Porter's Five Forces of Global Online Gambling Market
Figure 7: Global Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 8: Global Online Gambling Market Share By Region (2022)
Figure 9: North America Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 10: North America Online Gambling Market Share By Country (2022)
Figure 11: US Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 12: Canada Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 13: Mexico Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 14: Europe Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 15: Europe Online Gambling Market Share By Country (2022)
Figure 16: Germany Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 17: UK Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 18: France Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 19: Italy Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 20: Spain Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 21: Russia Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 22: Asia-Pacific Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 23: Asia-Pacific Online Gambling Market Share By Country (2022)
Figure 24: China Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 25: Japan Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 26: India Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 27: Australia Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 28: South America Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 29: South America Online Gambling Market Share By Country (2022)
Figure 30: Brazil Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 31: Argentina Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 32: Middle East & Africa Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 33: Middle East & Africa Online Gambling Market Share By Country (2022)
Figure 34: Turkey Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 35: South Africa Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)

Feed Phosphate Market Research FAQs

The global online gambling market refers to the market for online gambling activities, which includes online betting, casino games, poker, bingo, and lottery games. This market includes all forms of online gambling, from desktop and mobile devices, across various regions around the world.

The key drivers of the global online gambling market growth include the increasing adoption of smartphones and mobile devices, rising internet penetration, increasing demand for online betting and gambling activities, and the growing number of online gambling companies.

The types of online gambling include online sports betting, online casino games, online poker, online lottery games, and online bingo. Online sports betting is the largest segment of the online gambling market.

The major regions for online gambling include Europe, Asia-Pacific, North America, Latin America, and the Middle East & Africa. Europe is the largest market for online gambling, followed by North America and Asia-Pacific.

The major companies in the global online gambling market include Bet365 Group Ltd., Betsson AB, 888 Holdings PLC, GVC Holdings PLC, William Hill PLC, Kindred Group PLC, Paddy Power Betfair PLC, and The Stars Group Inc.

The challenges faced by the global online gambling market include regulatory restrictions in some countries, concerns about online security and safety, and the risk of gambling addiction. Additionally, the industry is becoming increasingly competitive, with many new players entering the market.

The global online gambling market is expected to continue to grow over the coming years, driven by increasing demand for online betting and gambling activities, rising internet penetration, and the growing number of online gambling companies. However, regulatory restrictions and concerns about online safety and security may also impact the market's growth in some regions.
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Global Online Gambling Market Outlook, 2028

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