Mobile sports betting has become one of the primary platforms for wagering on favorite sports teams, players, and leagues. Technology has created a dynamic sports betting landscape, providing gambling enthusiasts with immersive experiences, advanced sports betting odds and analytics to learn, and convenient platforms. Popularity surged due to technological innovations, increased disposable income, and regulations. This figure would almost triple seven years later, at around AU$14.86bn in 2023. 2022 saw Football produce about $84.3 million, the highest revenue in Russia’s sports betting scene.

Several states in the U.S. have placed restrictions on online gambling and have even imposed fines on some online gambling platforms for breaking the law. Technology advancements, such as augmented reality (AR) and virtual reality (VR), are incorporated into online gaming experiences to increase player engagement. Mobile gambling has increased dramatically due to the widespread use of smartphones and tablets, which enable bets to be placed at any time and almost anywhere.

  • The figures highlight how bettors flock to online casinos’ features and services, such as easier transaction methods, blockchain gambling, and immersive casino themes.
  • According to Rai, there could be various monitoring centres or labs across states, which can keep a check on the activities across gaming platforms.
  • Mexico’s online gambling industry is slowly creeping up in revenue, seeing a steady growth in income over the last few years, generating around $500 million GGR with year-on-year growth of around 10% in 2021.
  • The American continent, comprised of the Central, North, and South, ranks second in online gambling revenue per region, with a combined revenue of $29.64 billion.
  • As they are subject to fewer regulations and restrictions, they are now widely preferred by users in online gambling.

In order to better explain and show how the entire gambling industry is evolving, we created charts and graphics for your visualization. We are sure you are curious to understand how the data above looks like when illustrated. According to online gambling statistics, in 2022, the global online market was valued at $ 63.53 billion. In 2020 alone, MGA resolved 6,170 requests for assistance in terms of fair gaming. In 2022, gambling addiction statistics worldwide show that the percentage of severe problem gamblers ranged from 0.1% to 5.8% globally (depending on the research methods and criteria). Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions.

With the advent of technology, there has been the widespread implementation of virtual reality, blockchain, and mobile platforms in the gambling industry across the world. Hence, vendors utilize software suppliers, such as Evolution Gaming, to integrate and develop consumers’ gaming experiences. Furthermore, the live casino market is still at a nascent stage in the country, owing to stringent regulations. However, software providers, like Ezugi and Evolution Gaming, have been granted licenses to provide their live dealer games in New Jersey.

This launch by Elon Musk-promoted company could actually prove beneficial for the Indian auto component market too.

Therefore, the increasing regularization of online gambling in North American countries and their respective states is expected to drive the market further. Online gambling Bacanaplay Casino (or Internet gambling) is any kind of gambling conducted on the internet. The United States online gambling market is segmented by game type and by end users.

North America’s Online Gambling Statistics

Over a dozen legal and licensed online casino sites and poker rooms compete for an overall market. The Asia Pacific region is likely to register growth at the highest CAGR of over 11% during the forecast period. Based on device type, the global online gambling & betting market is segmented into desktop, mobile, and others. In 2019, the desktop segment dominated the global online gambling & betting market. The mobile segment is projected to be the fastest-growing device type over the next five years attributed to increasing the adoption of mobile by consumers, especially in developing countries. Based on device type, the global online gambling & betting market is segmented into the desktop, mobile, and others. Moreover, casino gambling has been one of the rapidly growing online gambling categories due to its convenient usage and optimal user experience.


The Polish online casino industry was among the many markets to benefit from the COVID-19 lockdowns, making around PLN8.76 billion in 2020, which more than doubled to PLN18.34 billion in 2021. The sections below shall analyze the current and projected state of online betting, exploring various factors within a worldwide industry. Concerning online bets, around 155.3 million people engage in various online wagers, around 9.6% of the total gambling population.

Online Gambling Market

Spain’s gambling market keeps growing steadily and is a strong economic force. As one of the most avid gambling countries worldwide, the market would climb 13% CAGR from 2023 to 2028. The government of Germany has authorized online in all of its 16 federal states, allowing online casino operations to garner millions of bettors nationwide.

In the VR casino reality world, there are several available casino games that the VR casino technology can simulate for their players. The game provides VR gamblers an immersive gaming experience, fun social moments, and a chance to compete worldwide with Poker players. In 2022, around 70 crypto-friendly casinos operated legally worldwide, all combined for $2.8 billion.

Casinos are cashing in on the prospect of online gambling through the integration of AI to assess customer behavior and boost personalization. The technology has become trendier to analyze and bolster customer experience. Online casinos will further gain impetus with technological advancements, ease of playing for newbies, promotions and bonuses. With the future of casinos slated to be virtual, major casino platforms are likely to invest in online channels. North America online gambling market size is likely to surpass USD 20 billion by 2026. The online gambling market is highly fragmented and comprises regional and global players. Key players dominate the market, such as Bet365, Entain PLC, Betsson AB, Flutter Entertainment PLC, and Kindred Group PLC.

Experts foresee the Russian online sports betting market to increase by over 173% between 2018 and 2026, looming to generate around $613.5 million by the end of the forecast period. While India continues to grow as a market in the online gaming space, the high valuation of taxation which is 28% on the full face value of deposits has led to a slowdown in the market. As per the EY report, India levies the highest tax globally on the online gaming space which is 28% on deposits followed by Poland at 12% and 8% for Portugal. Additionally, the report indicates that the industry stakeholders’ unit economics have been impacted by the GST amendment, bringing down profitability, and affecting investor sentiment. Furthermore, online betting platforms continue to be rampant in India making it hard for RMG platforms as the different classifications are constantly muddled.

Key insights

Other drivers for the market growth include the availability of high-speed broadband internet, the rising popularity of online casinos, and the rising use of smartphones. For instance, in 2022, sports betting accounted for the largest share of online gambling, per a European Gaming & Betting Association study. Furthermore, the Gambling Act 2005 imposed by the UKGC (U.K. Gambling Commission) has enabled companies to promote their gambling websites, which also assisted in expanding the market in the region. Moreover, the widespread integration of virtual reality (VR) and blockchain tools with online gambling platforms is positively influencing the market. These technologies provide players with an immersive experience while also helping to ensure the transparency of gambling activities, further creating a favorable market outlook.

“The first thing to understand is that without chance, no game can be won or lost. For us to be able to say that it is not a game of chance, we need to satisfy certain criteria. This is statistical so within certain tries, it goes below a certain number,” Dr Subhashis Gangopadhyay, research director- IDF and Dean, School of Liberal Studies, UPES, told BrandWagon Online. It has its electronic versions played online and in land-based casinos, called video bingos, besides live rooms with players from all around the world. Shutdown and quarantine measures were responsible for affecting gambling activities that represent 60% of the total gambling revenue. It began in January, applied to Chinese lotteries, but it was only by March that casinos across Europe and North America were affected. As a matter of fact, virtual (VR) and augmented reality (AR) technologies have everything to change the way we see casinos.

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