Online gambling is continuing to penetrate regions around the world, with Europe expected to continue its dominance through 2027
53% Europe
17% Asia-Pacific
8% North America
22% Others
Europe
53%
Asia-Pacific
17%
North America
8%
Others
22%
1994
2%of market
In 2003, online gambling only accounted for 2% of Europe's overall gambling market
2020
18%growth
By 2020, that number had grown to 18%, marking the trend of more gamblers moving away from land-based establishments to online options.4
2025
52.2%growth
Looking forward, Europe's online gambling market is expected to grow between 2020 to 2025 at a CAGR of 9.2%
By 2025, Europe's online gambling market is expected to have grown to represent 33.6% of the region's total gambling revenues
Europe’s Most Popular Online Gambling Activity,
In Particular, Is Sports Betting:
41% share of Europe’s online revenue Roughly €10bn (~$12 billion USD) in gross gaming revenue in 2019
41% Sports Betting
34% Casino
15% Lottery
5% Poker
1% Other
Sports Betting
41%
Casino
34%
Lottery
15%
Poker
5%
Other
1%
Online Gambling Revenue
In terms of technology-related trends, the forecasted percentage of Europe's online gambling revenue from mobile betting continues to grow:
2020
45.6%
2022
50.8%
2025
50.8%
Sources
- https://www.globenewswire.com/news-release/2020/04/22/2019874/0/en/Global-Online-Gambling-Market-2020-to-2027-Size-Share-Trends-Analysis-Report.html
- https://www.businesswire.com/news/home/20210121005499/en/2021-Analyses-on-the-Global-Online-Gambling-Industry---Featuring-32Red-888-Holdings-and-bet365-Among-Others---ResearchAndMarkets.com
- https://www.playusa.com/us/
- https://www.thesportsgeek.com/sportsbooks/
- https://innovecsgaming.com/blog/online-gambling-legal-markets/
- https://www.egba.eu/news-post/europes-gambling-revenues-to-drop-23-in-2020-but-online-maintains-growth-new-data/
- https://www.egba.eu/uploads/2020/12/European-Online-Gambling-Key-Figures-2020-Edition.pdf
- https://www.gambling.com/us
- https://www.forbes.com/sites/andrewjsilver/2020/07/13/despite-pandemic-new-sports-gambling-and-online-gaming-market-entries-proliferate/