Connect with us

Powered

728x90 banner available here

Latest News

Online Gambling Market Size to Achieve USD 172 Billion by 2030 growing at 11.6% CAGR due to the Increasing Penetration of Mobile Phones Globally – Exclusive Report by Acumen Research and Consulting

Published

on

Reading Time: 4 minutes

 

The Global Online Gambling Market Size is expected to reach a market value of around USD 172 billion by 2030 growing with a CAGR of 11.6% over the forecast timeframe, as reported by Acumen Research & Consulting

Online gambling has become one of the world’s fastest-growing sectors in the past 20 years. Every day, millions of people gamble on various platforms. As a result, the revenue generated by these websites is massive, increasing the global online gambling market value. Online gambling which is also known as internet gambling or e-gambling is witnessing a massive demand on account of the growing mobile gambling applications.

Online gambling has changed the industry landscape owing to the rising number of existing as well as new gamblers shifting towards online platforms. The ease of access, convenience, and corporate sponsorship are just a few of the factors that have shifted the focus of gamblers from offline gambling to online gambling. This factor is also expected to boost the worldwide online gambling market growth.

Report Coverage:

Market Online Gambling Market
Market Size 2021 USD 65 Billion
Market Forecast 2030 USD 172 Billion
CAGR During 2022 – 2030 11.6%
Analysis Period 2018 – 2030
Base Year 2021
Forecast Data 2022 – 2030
Segments Covered By Type, By Device, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled 888 Holdings PLC, Bet365, Betsson AB, GVC Holdings PLC, Kindred Group PLC, Ladbrokes Coral Group PLC, Paddy Power Betfair PLC, Sky Betting and Gaming, The Stars Group Inc., and William Hill.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
Customization Scope 10 hrs of free customization and expert consultation

COVID-19 Impact on the Global Online Gambling Market Value

The COVID-19 pandemic had a positive impact on the market, as consumers turned more to the online platform during lockdowns to overcome their financial, psychological, and social crises. Because of the lockdown measures and work-from-home culture, it was one of the industries that thrived during the COVID-19 pandemic. In addition to that, the various countries’ and governments’ lockdown and social distancing regulations have had an impact on land-based casino operations. As a result, regular traditional gamblers shifted their focus towards online gambling, which again fueled the market demand during the COVID-19 period.

Global Online Gambling Market Growth Aspects

Increasing penetration of Smartphone’s will fuel the global online gambling market share

Mobile gambling is becoming increasingly popular around the world. Although it is constrained alongside online gambling in some states, the mobile gambling market is expected to grow significantly in the coming years. According to gambling regulators, mobile gambling is frequently conducted by younger individuals, who are more susceptible to addiction. Sports betting is the most common form of mobile gambling; despite its association with gambling-related harm, live-action betting is aggressively marketed on mobile gambling applications in areas where betting regulation is more permissive. The introduction of payment options such as Apple Pay, Pay by Phone, and others have made a significant difference. Their withdrawal and deposit times are much shorter. Furthermore, various statistics show that mobile casinos grew in popularity during the lockdown. In some countries, the increase was nearly 100%.

Sports betting will generate the biggest online gambling market revenue in the coming years

According to our sports betting industry analysis, the market is expected to reach around USD 139 billion by 2028, growing at a CAGR of more than 10% between 2021 and 2028. Some of the online gambling market trends include increased connected device penetration and varying regulatory scenarios for the overall gambling industry. Additionally, the introduction of 5G networks, as well as the growing application of artificial intelligence and block chain technologies in the sports betting industry, is expected to generate a variety of growth opportunities over the forecast years. Furthermore, the rising popularity of sports betting gambling on games such as football, cricket, and easy understanding of these gambling among millennials are some of the leading aspects driving the market growth.

Online Gambling Market Segmentation

The global market has been divided into three sections: type, device, and region. The market is divided into five types: casinos, bingo, poker, sports betting, and others. Based on our analysis, the sports betting segment is anticipated to lead the market during the forecasted timeframe from 2022 to 2030. On the other hand, the online casino segment will achieve a substantial share in the coming years.

Furthermore, the device segment is split into desktop, mobile, and others. The desktop segment generated a significant online gambling market share in 2021, owing to the larger screens and easy visibility to enjoy their betting events. However, mobile gambling will grow at the fastest rate due to the increasing global penetration of Smartphone’s and their ease of access to online gambling apps.

Online Gambling Market Regional Outlook

North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa are the regional classification of the global online gambling market. Among all the regions, the Europe region leads the online gambling market with the majority of the share during the forecast timeframe. This could be attributed to the growing sports industry, the presence of leading players, and the ease of regulations.

On the other hand, the Asia-Pacific region is anticipated to attain the fastest growth rate from 2022 to 2030. This is ascribed to the increasing number of Smartphone users in countries such as China and India. Additionally, rapid urbanization, increasing internet penetration, and increasing adoption of crypto currency in online gambling are some of the factors that are supporting the Asia-Pacific online gambling market.

Online Gambling Market Players

Some key online gambling companies covered in the industry include 888 Holdings PLC, Bet365, Betsson AB, GVC Holdings PLC, Kindred Group PLC, Ladbrokes Coral Group PLC, Paddy Power Betfair PLC, Sky Betting and Gaming, The Stars Group Inc., and William Hill.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Prague Gaming & TECH Summit 2025 (25-26 March)
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Latest News

From BetBrothers to BC Brothers: Scaling in Regulated Markets

Published

on

Reading Time: 3 minutes

A few months ago, we had the pleasure of speaking with Borja Imbergamo, BetBrothers’ Head of Growth & Strategy, about their ambitious mission to become a leading affiliate company in regulated sports betting markets.

Since then, the company has rebranded as BC Brothers to reflect its multi-vertical vision, now overseeing both BetBrothers (sports betting) and CasinoBros (online casinos). We sat down with Borja again to discuss the strategy behind this move, the company’s growth, and its commitment to shaping a more transparent iGaming landscape.

 

BetBrothers has recently rebranded as BC Brothers. What was the thinking behind this move, and what does it mean for your strategy going forward?

The rebrand was a natural step in our evolution. BetBrothers had strong traction in sports betting, but as we expanded into online casinos with CasinoBros, we wanted an identity that could unite both brands under one mission. BC Brothers allows each brand to maintain its own voice and focus, while benefiting from a shared growth strategy. It’s about clarity, transparency, and staying true to our mission of connecting players with safer bets across multiple verticals.

 

Every company faces the pressure of quarterly results versus a long-term vision. How does BC Brothers strike that balance?

Our approach is built on organic growth. High-quality organic traffic takes time and consistent effort – it’s not an overnight success. But it’s also the most sustainable path forward.

For instance, in markets like Spain and Greece, where we’re seeing strong traction, we naturally focus on optimizing that performance. We celebrate quarterly results because they validate our initial strategies and provide the resources to invest further. Simultaneously, we dedicate significant resources for new markets and ventures. These are critical investments in our multi-year vision.

We invest today to secure growth for years ahead. It’s about consistent, quality growth rather than quick, unsustainable wins

 

Which markets are currently your strongest, and what new ones are on your radar?

Currently, our primary focus markets, and where we’re already seeing really good traction, are Spain and Greece. These markets were chosen strategically for their established regulatory frameworks and significant potential. Our team has a strong understanding of the local player base and operator needs there. That is certainly paying off in terms of performance.

Looking ahead, while Spain and Greece remain key, we’re very excited about the potential in a number of other regulated markets. Our approach is always to go where we can genuinely add value to both operators and players. This leads us to focus on regions like Mexico, Peru, and Denmark, among others. Our strategy, much like in Spain and Greece, is based on delivering high-quality, compliant traffic. This is precisely where our expertise shines. The focus is always on where we can add real value. We don’t just want to be present – we want to be effective.

 

Beyond geography, are there specific product verticals you’re most excited about?

Sports betting was our foundation, but entering the casino vertical was always part of our roadmap. That’s why we launched CasinoBros, a dedicated platform for online casinos. The strategy and vision here are exactly the same as with BetBrothers. We aim to give players the best and deepest information, guiding them to safe, regulated online operators.

 

What does “deep information” mean in the casino space, and why is it important?

It means helping players understand everything. From game mechanics, RTP percentages, and volatility to responsible gaming tools and bonus terms. Our goal is to empower players to make informed decisions and enjoy entertainment responsibly, instead of just chasing promotions.

 

From an operator perspective, what makes CasinoBros stand out?

From an operator’s perspective, our value lies in bringing highly informed players. These players understand game mechanics, responsible play, and promotions. For operators, this translates into stronger retention and healthier long-term relationships. Educated players are less likely to feel frustrated and more likely to stay with operators they trust. Everyone benefits from that.

 

You’ve mentioned your goal of becoming a globally recognized and trusted brand. How are you working toward that?

Trust is the ultimate currency in iGaming. The rebrand to BC Brothers was a big step. We are uniting BetBrothers and CasinoBros under one strategy while keeping each brand focused. Now we’re rolling it out across all touchpoints and building our community on social media. These channels are crucial for transparency and direct engagement. It’s a long process, but one we’re fully committed to. Our mission remains clear: connecting players with safer bets, across verticals, in regulated markets.

The post From BetBrothers to BC Brothers: Scaling in Regulated Markets appeared first on European Gaming Industry News.

Continue Reading

Latest News

GR8 Tech Hits the Road with New “Bet It Drives” Podcast—First Guest: Alex Pratt

Published

on

Reading Time: 2 minutes

iGaming just got a new ride. Bet It Drives, GR8 Tech’s new podcast, takes the industry’s most interesting voices out of the studio and into the fast lane. Hosted by Yevhen Krazhan, CSO, each episode is filmed entirely in a moving car, with cameras rolling and London as the backdrop.

No predictable Q&As: Bet It Drives pairs high-energy visuals with relaxed, unscripted dialogue. Shot by the award-winning crew behind campaigns for global brands, the format blends high-energy visuals with the kind of candid moments you only get when people are truly relaxed.

“Bet It Drives was born from a simple idea—great conversations happen when people feel at ease,” said Yevhen Krazhan. “Driving through London strips away the formality, lets personalities shine, and captures the pace and unpredictability that define the iGaming industry.”

The premiere kicks off with Alex Pratt, Group Managing Director of Clarion Gaming, who oversees a portfolio of leading B2B events and media brands, including ICE, iGB Affiliate, and iGaming Business. With over two decades in the iGaming industry, Pratt has been instrumental in shaping its evolution and is recognized for his insights into emerging markets, technological advancements, and fostering community within the gaming sector.

During the ride, Alex opened up about:

  • ICE vs. iGB Live—which is his personal favorite, and why.
  • Organizing world-class iGaming events and how major decisions like moving ICE to Barcelona come together behind the scenes.
  • Partnering with big tech and how such collaborations shape the future of iGaming.
  • Advice for startups attending conferences.
  • Alex’s Spotify playlist and the tracks that keep him going.
  • The most jaw-dropping booths he’s ever seen on the exhibition floor.
  • Which panels or attendees would he ban for the greater good of the industry.
  • Memorable after-parties—the kind you don’t forget, even if you wish you could.

“Alex really showed us what is happening on the front and the back of high-end igaming events,” said Krazhan. “From the strategic calls that shape entire conferences to the wild stories that never make the press, this episode is a perfect mix of insider knowledge, candid moments, and the kind of energy that makes you wish the ride was longer.”

With upcoming guests including Stephen Crystal, Rohini Sardana, and Helen Walton, Bet It Drives is set to deliver brilliant storytelling, unscripted moments, and a visual style unlike anything else in iGaming media.

Access Episode 1 with Alex Pratt on YouTube or Spotify—and buckle up.

The post GR8 Tech Hits the Road with New “Bet It Drives” Podcast—First Guest: Alex Pratt appeared first on European Gaming Industry News.

Continue Reading

Latest News

Hyprop and MTN Launch SHIFT COD Tournament as Part of 2025 Shift Gaming Experience

Published

on

Reading Time: 2 minutes

With four spots, one stage and R60 000 on the line, South Africa’s sharpest squads are gearing up for a Call of Duty clash like no other.

The 2025 Hyprop MTN Shift Gaming Experience is about to get louder, faster and more intense. Hyprop, in collaboration with MTN, is introducing SHIFT COD – a Call of Duty tournament designed to test South Africa’s sharpest squads in a no-excuses, high-pressure arena. Four online qualifiers. One LAN finale. R60,000 in prize money. Only the best survive.

The format stays sharp and unforgiving: each qualifier is a single-elimination best-of-five series. Teams will battle across Hardpoint, Search and Destroy, and Control. Only the top squad from each of the four qualifier events will earn a shot at the LAN finale, taking place at Canal Walk on 12 and 13 September. Finalists will cover their own travel and accommodation, but the stage – and the spotlight – will be waiting.

“The Shift Gaming Experience is about putting real competition at the centre of public spaces and connecting people through the power of play,” said Christie Stanbridge, Brand and Campaigns Marketing Manager at Hyprop. “Adding Call of Duty to the lineup takes the intensity up a notch. We’re giving gamers a serious platform to show what they can do – live, on stage and in front of a crowd.”

The four qualifiers took place online, where teams signed up for free:

All qualifier finals were broadcast, giving fans full access to the action and allowing players to gain exposure beyond the scoreboard.

Four teams qualify for the LAN finale, where they’ll compete in a double-elimination bracket for a prize pool structured as follows:

  • 1st place: R30,000
  • 2nd place: R15,000
  • 3rd place: R10,000
  • 4th place: R5,000

Now in its third year, the Hyprop MTN Shift Gaming Experience has become one of the country’s most visible platforms for esports and casual gaming. Hosted at Hyprop-owned malls including Canal Walk, Clearwater and The Glen, the experience blends competitive tournaments with public engagement to bring gaming into the mainstream.

“MTN SHIFT isn’t about gimmicks. It’s built for players, whether you’re grinding in ranked or showing up to prove a point on LAN,” said Stanbridge. “We’ve seen how gaming can energise our spaces and create new communities. SHIFT COD builds on that energy.”

With only four LAN spots available, the window to make your mark is narrow, and the competition will be ruthless. Visit acgl.gg/mtnshift.

Remaining Tournament Dates & Venues:

SHIFT COD is part of the MTN Shift Gaming Experience which takes place at:

Capegate – Online Qualifier: 31 Aug | In-Centre Event: 5 – 7 Sep

Canal Walk – Online Qualifier: 7 Sep | In-Centre Event: 17 – 21 Sep

The post Hyprop and MTN Launch SHIFT COD Tournament as Part of 2025 Shift Gaming Experience appeared first on European Gaming Industry News.

Continue Reading

Trending

EEGaming.org is part of HIPTHER, parent brand of various prominent news outlets and international conferences. These platforms and events span a wide range of industries, including Entertainment, Technology, Gaming and Gambling, Blockchain, Artificial Intelligence, Fintech, Quantum Technology, Legal Cannabis, Health and Lifestyle, VR/AR, eSports, and several others. This indicates that EEGaming.org is part of a larger network that focuses on a diverse array of sectors, particularly those related to cutting-edge technology and modern lifestyle trends.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2025 HIPTHER. All Rights Reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.