Online Gambling Market Size is Expected to Reach USD 172.8 Billion by 2033

IMARC Group, a leading market research company, has recently released a report titled “Online Gambling Market Report by Game Type, Device, and Region, 2025-2033”. The study provides a detailed analysis of the industry, including the online gambling market size by country, growth, size, and industry growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How Big Is the global online gambling market?
The global online gambling market size was valued at USD 93.0 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 172.8 Billion by 2033, exhibiting a CAGR of 7.1% during 2025-2033. Europe currently dominates the online gambling market share, holding a significant market share of over 49.1% in 2024.
The market of online gambling in the year 2025 will keep on escalating at a rapid pace as a larger number of people from over the whole world will have access to different gambling services through the internet. The sector of online gambling includes digital betting, online casinos, poker, and lottery games, which are easily accessible through a digital platform. Due to the fact that not only the high-speed internet but also smartphones, and a number of secure payment methods are becoming highly accessible to the customers, the trend is clearly visible of quite a few users who are moving their business from the brick-and-mortar casino to the online version of it.
The mobile penetration is considered as a key factor behind such a big jump in the market. Most of the revenue presently are generated from the mobile users who prefer to gamble on their mobiles at any time and from any place. The use of smartphones and tablets coupled with the convenience of the apps, which are user-friendly in both the interface and the web optimization, is deeply transforming the demographic of the gambling market. They are able to extend their reach to an increased number of customers, thanks to the easy internet and mobile services in the emerging markets.
Governments have a role in the growing trend despite some controversies. Because governments have strict regulatory cycles, by creating specific statutes related to legality, licensing, and consumer attitudes, openness about business dealings can expand trust intensively by their operators. Moreover, official regulations offer solutions to questions like fraud, addiction, and a responsible gaming mindset, thus meeting the concerns of the gamers and regulators.
Besides all these, technology is an unmatched competitor in the race to attract players. Online operators are using blessing closings and data respectability code to offer access to favorable gaming, goodie, and event based on each player’s previous activities. VR (Virtual Reality) and live dealer games are providing a new-space like feel for solo gaming, giving a more natural and interactive experience from home. In addition to this, the whole array of digital payment systems, including card transactions, eWallets, instant transfers, and even cryptocurrencies, is making the entrance of funds and the withdrawal from player accounts much smoother.
Online gambling in 2025 is a story of improved connectivity, clear rules, rapid advances in technology, and the market’s continual evolution. The development appears steady as operators become more confident in their ability to provide safer, more appealing, and more accessible platforms, and as the number of places willing to open their doors increases.
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Industry Segmentation:
Analysis by Game Type:
- Sports Betting
- Football
- Horse Racing
- E-Sports
- Others
- Casino
- Live Casino
- Baccarat
- Blackjack
- Poker
- Slots
- Others
- Others
Analysis by Device:
- Desktop
- Mobile
- Others
Regional Insights:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Who are the key players operating in the industry?
The report covers the major market players including:
- Bet 365 Group Ltd.
- Betsson AB
- Caesars Entertainment
- Entain plc
- Evoke plc
- Flutter Entertainment Plc
- Playtech plc
- Rush Street Interactive
- Scientific Games
- Sportech PLC
- William Hill
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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