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Global Gambling Market Opportunities and Strategies Report 2022-2030: Shift In Interests Towards Online And Physical Sportsbook Betting
The “Gambling Global Market Opportunities And Strategies To 2030, By Type, Channel Type” report has been added to ResearchAndMarkets’ offering.
The global gambling market reached a value of nearly $465,763.9 million in 2020, having increased at a compound annual growth rate (CAGR) of 2.1% since 2015. The market is expected to grow from $465,763.9 million in 2020 to $674,703.9 million in 2025 at a CAGR of 7.7%. The market is expected to grow from $674,703.9 million in 2025 to $895,720.3 million in 2030 at a CAGR of 5.8%.
The gambling market consists of sales of gambling services and related goods by entities (organizations, sole traders and partnerships) that operate gambling facilities, such as casinos, bingo halls, video gaming terminals, lotteries, and off-track sports betting. Gambling is the act of wagering money or something of value on an event with an uncertain outcome that is not under gambler control, with an intent of winning money.
Growth in the historic period resulted from growth of the experience economy, favorable visa policies and new initiatives, emerging markets growth, growth in female gamblers, rapid urbanization, legalization of gambling and rise in mobile gambling.
Going forward, legalization of gambling, changing consumer gambling habits and use of social media are expected to drive the market. Stringent government regulations on gambling, demographic changes and problem gambling are major factors that could hinder the growth of the gambling market in the future.
The gambling market is segmented by type into casino, lotteries, sports betting and others. The lotteries market was the largest segment of the gambling market by type, accounting for 52.5% of the total market in 2020. Going forward, sports betting segment is expected to be the fastest growing segment in the gambling market, at a CAGR of 8.4%.
The gambling market is also segmented by channel type into offline, online and virtual reality (VR). The offline market was the largest segment of the gambling market by channel type, accounting for 88.0% of the total market in 2020. Going forward, the virtual reality (VR) segment is expected to be the fastest growing segment in the gambling market, at a CAGR of 17.7%.
Asia Pacific was the largest region in the global gambling market, accounting for 38.2% of the total in 2020. It was followed by North America, Western Europe and then the other regions. Going forward, the fastest-growing regions in the gambling market will be Middle East and Eastern Europe, where growth will be at CAGRs of 12.0% and 10.8% respectively. These will be followed by Africa and South America, where the markets are expected to register CAGRs of 10.1% and 9.9% respectively.
The gambling market is relatively fragmented, with a large number of players. The top ten competitors in the market made up to 20.10% of the total market in 2020. This can be due to the existence of number of local players in the market serving customers in particular geographies.
China Welfare Lottery was the largest competitor with 10.85% of the market, followed by The Hong Kong Jockey Club with 6.01%, MGM Resorts International with 0.62%, Crown resorts with 0.51%, Caesars Entertainment Corporation with 0.50%, Las Vegas Sands Corporation with 0.49%, Melco International Development Ltd. with 0.31%, Genting Group with 0.30%, Wynn Resorts Ltd. with 0.27%, and Galaxy Entertainment Group Limited with 0.23%.
The top opportunities in the gambling market segmented by type will arise in the lotteries segment, which will gain $113,324.9 million of global annual sales by 2025. The top opportunities in the gambling market segmented by channel type will arise in the offline segment, which will gain $155,521.3 million of global annual sales by 2025. The gambling market size will gain the most in China at $29,826.3 million.
Market-trend-based strategies for the gambling market includes investing in gambling games that use AR and VR technology, adopt advanced technologies to introduce live casinos, introduce hybrid games to drive engagement, adopt advanced security measures to prevent fraud, adopt cryptocurrencies to improve transparency in transactions, provide large-format slot machines, integrate robots with artificial intelligence, invest in providing mobile gambling services, offering offshore betting services, employ big data analytics, invest in branded slot games and gambling services through smart watch applications.
Key Topics Covered:
1. Gambling Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Type
6.3. Segmentation By Channel Type
7. Gambling Market Characteristics
7.1. Market Definition
7.2. Segmentation By Type
7.2.1. Casino
7.2.2. Lotteries
7.2.3. Sports Betting
7.2.4. Others
7.3. Segmentation By Channel Type
7.3.1. Offline Gambling
7.3.2. Online Gambling
7.3.3. Virtual Reality (VR) Gambling
8. Gambling Market, Supply Chain Analysis
8.1.1. Resources
8.1.2. Gambling Services Providers
8.1.3. Other Service Providers
8.1.4. End Users
9. Gambling Market, Product/Service Analysis – Product/Service Examples
10. Gambling Market Customer Information
10.1. Shift In Interests Towards Online And Physical Sportsbook Betting
10.2. Gamblers Will Return To Casinos Post COVID-19
10.3. Online Gambling Is the Most Popular Gambling Behavior
10.4. Mobile Devices Have Become the Most Popular Gambling Medium
10.5. Betting Over Legal Sportsbooks Is The Most Popular Gambling Behavior
10.6. Casinos Are Considering Adopting Skill-Based Games To Attract New Gamers
10.7. Most Social Gamblers Have Not Faced Issues From Their Gambling Activity
10.8. Australians Are Concerned About Over Exposure To Gambling Advertisements
10.9. The National Lottery Draws Are The Most Popular Gambling Activity
10.10. Rise In Gambling Activity Among Singapore Residents
10.11. Americans Believe That Sports Gambling Is Moral, But Illegal
10.12. Increased Funding For Problem Gambling Services In The United States
11. Gambling Market Trends And Strategies
11.1. Adoption Of Augmented and Virtual Reality In Casinos
11.2. Increase In Gambling Legislations
11.3. Live Casinos
11.4. Hybrid Games
11.5. Security In Online Gambling
11.6. Cryptocurrency In Gambling
11.7. Large-Format Slot Machines
11.8. Sports Betting Bots
11.9. Mobile Gambling
11.10. Online Casinos
11.11. Offshore Sports Betting
11.12. Big Data Analytics in Sports Betting
11.13. Branded Slots
11.14. Slots On Smart Watches
12. Gambling Market Opportunity Assessment, PESTEL Analysis
12.1. Political
12.1.1. Favorable Tourism Policies
12.1.2. Political Changes
12.1.3. Government Policies
12.1.4. Tax Laws
12.2. Economic
12.2.1. Disposable Incomes
12.2.2. Interest Rates
12.3. Social
12.3.1. Changing Demographics
12.4. Technological
12.4.1. Technological Advances
12.5. Environmental
12.5.1. Extreme Weather Conditions
12.6. Legal
12.6.1. Legality Of Gambling
13. Gambling Market Regulatory Landscape
14. Emergence of Augmented Reality and Virtual Reality in Gambling
14.1. Augmented Reality (AR)
14.2. Virtual Reality (VR)
15. Illegal Gambling Market
16. Gambling Competitions
16.1. World Series Of Poker
16.2. DraftKings Championship Series
16.3. World Casino Championship
17. Impact Of COVID-19 On The Gambling Market
17.1. Introduction
17.2. Closure of Land Casinos
17.3. Shift Towards Online Gambling
17.4. Impact On Companies
17.5. Future Outlook
Companies Mentioned
- China Welfare Lottery
- The Hong Kong Jockey Club
- MGM Resorts International
- Crown Resorts
- Caesars Entertainment Corporation
- Las Vegas Sands Corporation
- Melco International Development Ltd.
- Genting Group
- Wynn Resorts Ltd.
- Galaxy Entertainment Group Limited
Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro H. Tengco on Monday, September 8, pushed for stricter regulations for online gaming instead of an outright ban, saying that prohibition would only encourage illegal operations and deprive the government of needed revenues.
Speaking before industry stakeholders at the Light & Wonder iGaming Symposium at Newport World Resorts in Pasay City, Mr. Tengco said reforms implemented by PAGCOR — including reductions in license fee rates — has spurred robust growth in the electronic gaming sector.
From Php58.16 billion in 2023, gross gaming revenues (GGR) from Electronic Games climbed to Php154.51 billion in 2024 which accounted for nearly half of the industry’s Php372.33 billion GGR.
In the first half of 2025 alone, the sector contributed Php114.83 billion, surpassing revenues from land-based operations and boosting PAGCOR’s total revenues to Php59 billion.
“The iGaming story in the Philippines is no longer just about growth; it’s about how we grow — safely, fairly, and sustainably,” Mr. Tengco said. “We support stricter regulations to protect our people, but we are against a total ban which will only drive players to illegal operators and result in loss of revenues and jobs.”
Mr. Tengco also emphasized PAGCOR’s ongoing reforms, including the separation of regulatory and operational functions, stronger responsible gaming safeguards, stricter advertising standards, the upcoming launch of a 24/7 helpline, and the adoption of digital tools such as the PAGCOR Guarantee portal and AI-driven monitoring systems.
He also called on industry players to practice “compliance by design” in their operations, strictly follow anti-money laundering regulations, strengthen their KYC (Know Your Customer) guidelines, and fully support PAGCOR’s Responsible Gaming initiatives.
“With responsible growth, compliance, and transparency, the Philippines can develop a safer, stronger, and globally competitive iGaming industry,” he added.
Mr. Tengco also expressed gratitude to Light & Wonder for organizing the event, highlighting its role as a key partner in strengthening the country’s gaming sector.
Light & Wonder, a global leader in cross-platform gaming, provides content, systems, and solutions for casino, online, and social gaming operators worldwide. Its innovations have supported PAGCOR in broadening product offerings and keeping the Philippine gaming industry competitive in the rapidly evolving iGaming market.
The post PAGCOR chief pushes for stricter regulation, not online gaming ban appeared first on European Gaming Industry News.
A mother in Knivsta, Sweden, could hardly believe her eyes when she recently played the slot game Reel King Riches Jackpot King on LeoVegas. With a bet of just SEK 10, she quickly entered a bonus round, where the screen lit up with the words “Jackpot King” and the amount SEK 41,509,344, equivalent to approximately EUR 3,775,603 or GBP 3,275,917. She now plans to pay off her mortgage and invest for the future.
The winner, who wishes to remain anonymous, usually plays a variety of games, with her favorite being the classic Book of Dead. But on this particular day, she decided to try her luck on Reel King Riches Jackpot King from Blueprint Gaming—a decision she will never forget. After selecting a SEK 10 bet and pressing the spin button, the game swiftly triggered a bonus round. Moments later, it was clear: she had hit the top prize, Jackpot King, worth a total of SEK 41,509,344 (EUR 3,775,603/GBP 3,275,917).
“It’s completely unreal! I thought, this can’t happen to me. When the words Jackpot King appeared and the numbers started rolling, I couldn’t believe it was true—I was in shock. Is this really happening? I told my partner right away, and he didn’t believe it either. But it was real! Now I’ll be investing for the future and paying off the mortgage!” says the winner of the jackpot worth over SEK 41 million.
“This is one of the biggest jackpots ever at LeoVegas, and we are incredibly proud to bring this kind of excitement to players in Sweden. I would like to congratulate her once again on the win and wish her the very best with her future investments!” says Mattias Wedar, CEO of LeoVegas Group.
LeoVegas Group offers an ever-growing jackpot, which now stands at over SEK 388 million, across its online casinos LeoVegas, expekt, and BetMGM. All of the Group’s brands, including GoGoCasino, feature games from the Reel King series, with Reel King Riches Jackpot King available on several of them.
The post Swedish mom bet SEK 10 and won a jackpot of over SEK 41 million appeared first on European Gaming Industry News.
- Team Vitality is proud to welcome ExpressVPN as an official partner. This collaboration brings together one of the leading digital privacy services with one of the most successful international esports clubs, aligning seamlessly with the needs of gamers, streamers, and esports fans across more than 180 countries.
- Already active in the gaming ecosystem, ExpressVPN will provide tangible benefits to Team Vitality’s community of fans, staff, and players, optimizing and securing their digital experience.
- By joining forces with a world-renowned digital privacy partner such as ExpressVPN, Team Vitality reaffirms its position as a leader in the global esports industry. Together, the two brands share a mission: to raise awareness around the importance of digital security while giving users greater control over their online experience.
Team Vitality is delighted to welcome ExpressVPN to its family of official partners. Designed to meet the needs of gamers, ExpressVPN’s technology is a natural fit for the esports community. For Team Vitality, this collaboration reflects shared values of performance and innovation, while placing digital privacy and security at the heart of joint initiatives aimed at a new generation of players and fans.
ExpressVPN has also recently partnered with the League of Legends EMEA Championship (LEC) 2025 and Premier League club Tottenham Hotspur. This new agreement with Team Vitality marks another step in ExpressVPN’s commitment to esports and its international growth.
AN EXCLUSIVE LAUNCH FOR THE TEAM VITALITY COMMUNITY!
The one-year partnership will span Team Vitality’s main competitive titles in Europe. Throughout the season, ExpressVPN and Team Vitality will deliver unique activations tailored to the esports community and Vitality fans worldwide.
Starting today, supporters of the club can enjoy a 14-day free trial of ExpressVPN through a dedicated platform, via this link expressvpn.com/vitality.
A VPN is a vital tool for gamers to have in their digital toolbox, offering:
- Protection against DDoS attacks and ISP throttling
- More stable connections and reduced ping during competitions
- Lag free access to your favourite gaming streamers
- Enhanced security on public Wi-Fi networks
This partnership reflects ExpressVPN’s commitment to delivering a fast, secure, and transparent digital experience for all. By taking advantage of an ExpressVPN subscription, players and fans alike can safeguard their online privacy across multiple devices simultaneously, while tapping into a worldwide network of servers. Its proprietary Lightway protocol is engineered for speed and efficiency, offering strong protection against DDoS attacks and ISP throttling. This means gamers can maintain a secure, high-performance connection that keeps them competitive during play. Additional activations will be rolled out across the year to provide practical, meaningful solutions for the esports community.
DRIVING BETTER DIGITAL EXPERIENCES FOR ESPORTS FANS
In a world where gamers and fans live increasingly online, ExpressVPN and Team Vitality aim to continue to empower online users by raising awareness of the importance of cybersecurity and supporting the gaming community to take greater control over their digital lives.
This partnership also underscores Team Vitality’s ability to attract leading global brands through strategic marketing initiatives. Together with ExpressVPN, the focus will be on delivering innovative, high-value solutions to an engaged international community. Leveraging Team Vitality’s advanced expertise in brand marketing, the two organizations will launch impactful campaigns throughout the year.
“We are thrilled to welcome ExpressVPN as one of our official partners. As Team Vitality strengthens its position as a leader in global esports, working with a recognized digital security brand like ExpressVPN perfectly aligns with our mission to serve our international community. Together, we want to drive performance and deliver the best possible digital experience to our fans. We cannot wait to kick off this exciting season.” said Nicolas Maurer, CEO and Co-Founder of Team Vitality.
“We’re excited to squad up with Team Vitality, one of the most competitive and successful organizations in esports. Like Vitality’s players, we’re focused on keeping the win streak going, whether that’s protecting against DDoS attacks, securing fast and stable connections, or giving gamers a free pick to play wherever they are. We’ve seen first-hand how our partnerships come in clutch for the gaming community, most recently as a Summer Split Partner of Riot Games. We can’t wait to build on that success with Vitality’s players and fans around the world.” added Zac Eller, GM, Global Partnerships, ExpressVPN.
The post EXPRESSVPN JOINS TEAM VITALITY AS OFFICIAL PARTNER TO ENHANCE ONLINE SECURITY appeared first on European Gaming Industry News.
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