The global online gambling market size was US$ 65 billion in 2021. The global online gambling market size is forecast to reach US$ 172 billion by 2030, growing at a compound annual growth rate (CAGR) of 11.6% during the forecast period from 2022 to 2030.
Online betting on casinos or sports-like games is often considered to be gambling. Online betting and gambling entail placing a bet on an event with the hope of winning cash or other valuables. Sales of online gaming services are a part of this sector. When betting, the results are frequently instantaneous and uncertain, like a single roll of the dice or a turn of the roulette wheel. Poker, slots, bingo, lotteries, keno, casinos, and sports betting are all forms of online gambling. In essence, three things must be present: consideration, risk, and a prize. These sites enable players to play from anywhere in the world and wager real money.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had a positive impact on the global market. Since several governments worldwide imposed a lockdown, and other rules forced land-based gaming to close. In order to keep themselves entertained while taking social distance precautions, people started using online entertainment services. Online gambling is one of the online entertainment options that they may easily access. As a result, there was a greater demand for online gaming.
Regional Analysis
Europe garnered a significant market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the relaxation of rules and safety. In addition, the increasing number of sports betting enthusiasts in European countries such as the United Kingdom, France, Germany, Italy, and Spain driving the market growth in the region.
The Asia Pacific region is forecast to have lucrative growth during the forecast period. As a result of rising smartphone penetration and growing bets on sports such as cricket, hockey, and football. In addition, the increasing popularity of online gaming, esports, and online poker boosts the market growth in the region.
Leading Competitors
The leading prominent companies profiled in the global online gambling market are:
Scope of the Report
The global online gambling market segmentation focuses on Type, Device, and Region.
Segmentation based on Type
Segmentation based on Device
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL ONLINE GAMBLING MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL ONLINE GAMBLING MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL ONLINE GAMBLING MARKET, BY TYPE
5.1 OVERVIEW
5.2 CASINOS
5.3 SPORTS BETTING
5.4 POKER
5.5 BINGO
5.6 OTHERS
6 GLOBAL ONLINE GAMBLING MARKET, BY DEVICE
6.1 OVERVIEW
6.2 DESKTOP
6.3 MOBILE
6.4 OTHERS
7 GLOBAL ONLINE GAMBLING MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL ONLINE GAMBLING MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
9 COMPANY PROFILES
9.1 WILLIAM HILL PLC
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.2 GVC HOLDINGS PLC
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.3 BET365 GROUP LIMITED
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.4 LADBROKES CORAL GROUP PLC
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.5 THE STARS GROUP INCORPORATED
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.6 KINDRED GROUP PLC
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.7 BETSSON AB
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.8 888 HOLDINGS PLC
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.9 CAESARS INTERACTIVE ENTERTAINMENT
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.10 SKY BETTING & GAMING
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
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