The size of the online gambling market in the United States rose to 19.54 billion U.S. dollars in 2023, representing an increase of around 39 percent from the previous year. This figure was forecast to increase to 39.82 billion U.S. dollars by 2029.

The Online Gambling Market Report is Segmented by Game Type (Sports Betting, Casino, Lottery, and Bingo), End User (Desktop and Mobile), and Geography (North America, Europe, and Rest of the World). The Report Offers Market Size and Values in (USD) During the Forecast Period for the Above Segments.

The size of the global online gambling and betting industry amounted to 85.62 billion U.S. dollars in 2023. This has been forecast to rise to 133.59 billion U.S. dollars by 2029. In comparison, the market size of the global sports betting and lottery industry was valued at roughly 244 billion U.S. dollars as of March 2024. Overall, the global sports betting industry constituted more than 200 thousand employees and approximately 22 thousand businesses. How popular is sports betting in the United States? In 2022, over 25 million individuals engaged in sports betting in the United States, highlighting the prevalence of the activity in the North American country. Moreover, this figure was forecast to increase by 47 percent by 2025. Overall, the total revenue from sports betting in the U.S. amounted to 11.04 billion U.S. dollars in 2023, denoting an increase of approximately 46 percent from the previous year. Meanwhile, DraftKings was the most popular sports betting website in the U.S. as of July 2023. What is the United Kingdom’s National Lottery? A lottery is a form of gambling where participants purchase numbered tickets with the aim of matching those numbers with lots, which are drawn randomly at a later date. Established in 1994, the National Lottery is a nationwide version of the activity that is regulated by the Gambling Commission of the United Kingdom. Between April 2022 and March 2023, over eight billion British pounds worth of National Lottery tickets were sold, which was slightly higher than the figure reported in the period immediately prior. Meanwhile, more than 4.6 billion British pounds were available as prize money for potential winners of the National Lottery in the same period.

The global online gambling market size reached USD 93.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 172.8 Billion by 2033, exhibiting a growth rate (CAGR) of 7.1% during 2025-2033. The market is experiencing robust growth driven by technological advancements, regulatory changes, diverse game offerings, effective marketing strategies, and shifts in global economic and demographic trends, appealing to a wider, more diverse audience.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on game type and device.

The global online gambling market was valued at USD 75.41 billion in 2021 and is expected to grow at a CAGR of 12.0% during the forecast period.

The Mexico online gambling market, valued at $830 million in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 15.36% from 2025 to 2033. This surge is driven by several key factors. Increasing smartphone penetration and internet access across Mexico are significantly broadening the market's reach, attracting a younger, tech-savvy demographic. Relaxing regulations and a growing acceptance of online gaming, particularly sports betting and casino games, are further fueling this expansion. The popularity of football (soccer) in Mexico creates a strong foundation for the sports betting segment, while the preference for engaging casino games contributes to the overall market vitality. Competitive landscape includes both established international players like Bet365 and local operators like Playdoit, fostering innovation and diverse offerings. However, challenges remain, including concerns about responsible gaming and potential regulatory hurdles, requiring robust measures to mitigate risks and ensure sustainable growth. The market segmentation reveals a strong preference for mobile platforms, reflecting the overall mobile-first trend in Mexico. Sports betting and casino games dominate the game type segment, highlighting the core appeal to Mexican gamblers. The forecast period (2025-2033) anticipates continued growth, though the rate might fluctuate slightly based on evolving regulatory landscapes and economic conditions. Companies are investing heavily in advanced technologies, improving user experience and implementing robust security measures to retain customers and attract new ones. Future growth will be influenced by the effectiveness of responsible gambling initiatives and the government's approach to regulating this burgeoning sector. Successful operators will likely be those that can balance rapid expansion with a commitment to player safety and regulatory compliance. This comprehensive report provides an in-depth analysis of the burgeoning Mexico online gambling market, offering invaluable insights for industry stakeholders. With a study period spanning 2019-2033, a base year of 2025, and a forecast period extending to 2033, this report meticulously examines market size, trends, and future growth potential. The report leverages data from the historical period (2019-2024) to paint a detailed picture of the market's evolution and future trajectory. Recent developments include: October 2024: Novibet, in collaboration with OBBSworks, introduced its iGaming casino games on the Novibet platform, extending its reach across North America, including Mexico.July 2024: Novibet Partnered with 7777gaming company to feature its casino games across Mexico, Canada, Brazil, Chile, Ecuador, and Ireland. iLottery, Jackpot, and other casinos were among the major types of casinos available in the market.April 2024: In a collaboration with its long-time operator partner bet365, Playtech unveiled a bespoke live game show named Super Mega Ultra. This new live game show is accessible to bet365 players in various regions, such as the UK, Mexico, and Ontario. The game boasts an innovative three-tier base system across two wheels, presenting three payout levels: Super, Mega, and Ultra. Each round is designed with maximum multipliers: ×300 for Super, ×500 for Mega, and an impressive ×2500 for Ultra.. Key drivers for this market are: Rising Consumer Interest in Sports and Betting, Increased Internet Penetration and Smartphones. Potential restraints include: Rising Consumer Interest in Sports and Betting, Increased Internet Penetration and Smartphones. Notable trends are: Sports Betting Is The Preferred Game Type Amongst The Majority.

The online gaming industry across India was valued at around 220 billion Indian rupees in the year 2023, marking a leap from about 181 billion rupees in the previous year. The sector was expected to be worth over 388 billion Indian rupees by 2026, indicating a compound annual growth of around 20.7 percent.

The global online gambling & betting market size was valued at USD 58 billion in 2021 and will reach USD 182.21 billion by 2030, at a CAGR of 11.8%.

The Australia online gambling market size was valued at USD 5.2 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 8.9 Billion by 2033, exhibiting a CAGR of 5.88% from 2025-2033. Favorable regulatory environment in the country, rapid technological advancements, changing consumer preferences, ongoing promotion and advertising activities, and expansion of variety of offerings are some of the factors bolstering the market Australia online gambling market share.

IMARC Group provides an analysis of the key trends in each segment of the Australia online gambling market, along with forecasts at the country and regional levels from 2025-2033. The market has been categorized based on game type and device.

As of December 2019, the annual revenue generated by online gambling and casinos in Mexico was evaluated at approximately two billion dollars. However, of the bets made online in the North American country, it was estimated that 80 percent were made through unregulated networks.

Snapshot img

Casino Market Size 2024-2028

The casino market size is forecast to increase by USD 31.2 billion at a CAGR of 3.3% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing popularity of online gambling and the use of advanced technology to enhance the gaming experience. Cryptocurrency is emerging as a preferred payment method for many gambling enthusiasts, while sports betting and football betting continue to attract a large number of dabblers.
However, the industry faces challenges, including the risk of cybercrime and the need to engage uninterested audiences. Strategic activities such as personalized marketing and loyalty programs are being employed to retain lottery loyalists and attract new customers. The socio-economic impact of casinos, both positive and negative, is also a topic of ongoing debate. Overall, the market is undergoing transformative changes, with a focus on innovation and customer experience.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

The casino industry has experienced significant transformation in recent years, with the rise of online and mobile gaming platforms. This shift towards digital solutions has been fueled by several key factors. Firstly, the increasing internet penetration and smartphone usage have made online casino gaming more accessible than ever before. According to the latest market research, over 65% of Americans own a smartphone, and this number is expected to continue growing. This trend has led to a growth in the popularity of mobile gambling applications, enabling players to enjoy their favorite casino games from anywhere, at any time.
Moreover, the adoption of advanced technologies such as blockchain and cryptocurrency has revolutionized the way transactions are processed in the casino industry. These technologies offer enhanced security, anonymity, and operational efficiency, making them an attractive option for both casino operators and players. Another significant trend in the market is the integration of sports betting, particularly football betting, into casino offerings. This has proven to be a successful inorganic growth strategy for many casino operators, as it attracts a new demographic of customers and increases overall revenue. However, with the increasing digitization of casino gaming, there are also new challenges that need to be addressed.
Additionally, cybercrime is a growing concern, and casino systems must be designed with strong security measures to protect player data and prevent fraud. Additionally, customer retention is a key focus for casino operators, with personalized experiences and data collection being used to enhance the overall gaming experience and keep players engaged. Despite these challenges, the future looks bright for the casino industry. Innovative companies such as Galaxy Gaming and Nustar are leading the way in developing advanced casino systems, including the Triton Casino System and Casino Trac System. These systems offer operational efficiency, improved security, and a more personalized experience for players.
Furthermore, the growth of international tourism has created new opportunities for casino operators to expand their reach and attract a global customer base. Cashclub Wallet, a leading mobile payment solution, is one example of a company that is capitalizing on this trend, offering seamless transactions and cross-border payments to casino customers around the world. In conclusion, the market is undergoing a significant transformation, driven by the adoption of digital technologies and changing consumer preferences. While there are challenges to be addressed, such as security and customer retention, the opportunities for growth are vast. By focusing on operational efficiency, security, and personalized experiences, casino operators can stay ahead of the competition and continue to thrive in this dynamic industry.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Poker
  Blackjack
  Craps
  Lottery
  Others


Geography

  North America

    Canada
    US


  APAC

    China


  Europe

    Germany
    UK


  South America



  Middle East and Africa

By Type Insights

The poker segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, particularly in the segment of online poker. This popular card game, played over the internet, has attracted a large following worldwide. For instance, PokerBaazi.Com, a leading global poker-listing website based in India, is considered one of the best in the industry. The increasing avail

Social Gaming Market Report is Segmented by Game Type (Casual Games, Strategy Games, Simulation Games, Role-Playing Games (RPGs), Other Game Types), Platform (Mobile Devices (Smartphones, Tablets), PCs/Laptops, Consoles), Revenue Model (Advertisements, Virtual Goods, Lead Generation, Subscription Services, In-App Purchases), Age Group (13 To 18 Years. 19 To 25 Years, 26 To 35 Years, Above 35 Years), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Snapshot img

Online Gaming Market Size 2025-2029

The online gaming market size is forecast to increase by USD 120.2 million, at a CAGR of 18.8% between 2024 and 2029.

The market is experiencing significant growth, driven by several key trends. The increasing popularity of e-sports is one such factor, with tournaments and leagues attracting large audiences and sponsorships. Another trend is the growth of the free-to-play model, allowing wider access to games and generating revenue through in-game purchases. However, the market also faces challenges, such as the high infrastructural requirements for supporting online gaming, including strong internet connectivity and powerful gaming systems. These factors create opportunities for market participants to innovate and meet the evolving needs of consumers. Online gaming is set to continue its growth trajectory, offering rich opportunities for businesses and gamers alike.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

The video games market has experienced significant growth in recent years, with B2C enterprises increasingly focusing on digital video games and online gaming options. This shift towards online games and downloadable content has revolutionized the industry, allowing consumers to access a vast array of titles from various genres on multiple platforms. Online games, including mobile games and those offered through gaming networks, have become a popular choice for consumers due to their convenience and accessibility. According to third-party studies and survey results, consumer spending on digital games reached an all-time high in 2020, with mobile games and esports leading the charge. Game genres such as first-person shooters, sports simulations, and 3D games have gained a massive following, particularly among younger demographics. The integration of in-game chat and voice chat features has further enhanced the online gaming experience, enabling players to communicate and collaborate in real-time.
The proliferation of mobile devices and smartphones has expanded the reach of the video games market, allowing players to enjoy their favorite titles on the go. The internet has become an essential component of the gaming landscape, providing a platform for players to connect, compete, and engage with each other. Personal computers and gaming consoles continue to be popular choices for gamers, offering high-quality graphics and gaming experiences. However, the convenience and accessibility of mobile gaming have made it a formidable competitor in the market. Despite the numerous benefits, online gaming and digital games have also raised concerns regarding addiction and its impact on individuals and society. As the video games market continues to evolve, it is crucial for enterprises to address these concerns while providing innovative and engaging gaming experiences for their customers.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Platform

  PC
  Console
  Mobile


Type

  Action
  Adventure
  Puzzle
  Arcade
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  South America



  Middle East and Africa

By Platform Insights

The PC segment is estimated to witness significant growth during the forecast period.

The market encompasses various segments, with PC gaming being a significant sector due to its large and dedicated user base. PC gamers value the platform's versatility, high-performance hardware, and extensive game library. The PC gaming market consists of desktop and laptop categories, each catering to distinct preferences. Desktop gaming PCs provide superior components and are popular among enthusiasts seeking high-end capabilities and customizable setups. The market's growth is influenced by factors such as compatibility with various input devices, including keyboards and mice, and the ongoing advancements in technology, like 5G and cloud gaming services. Business models, including monthly fees and free-to-play, cater to diverse consumer needs. Regulated sports betting and data centers support the infrastructure required for seamless gaming experiences through web browsers and streaming services.

Get a glance at the market report of share of various segments Request Free Sample

The PC segment was valued at USD 33.10 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 44% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explaine

The United States gaming market size reached USD 55.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 106.6 Billion by 2033, exhibiting a growth rate (CAGR) of 7.2% during 2025-2033. The expanding gaming industry, rapid urbanization, the proliferation of smartphones and tablets, the growing popularity of e-sports, emerging technological advancements such as augmented reality (AR), virtual reality (VR), and increasing digitization represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the United States gaming market report, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on device type, platform, revenue type, type, and age group.

The statistic depicts the gross gaming yield (GGY) of the global casino market from 2001 to 2015 and with projected or forecasted figures from 2016 to 2019. In 2016, the gross gaming yield of casinos worldwide was projected to reach 115 billion U.S. dollars, this figure was forecasted to reach 130 billion U.S. dollars in 2019.

In 2016, the GGY of the global gambling market was projected to reach 450 billion U.S. dollars.

The global casino gaming market, valued at $55.33 billion in 2025, is projected to experience steady growth, driven by several key factors. The increasing popularity of online gaming platforms, fueled by technological advancements and wider internet accessibility, is a significant contributor to this expansion. Furthermore, the diversification of gaming options, encompassing both traditional casino games and innovative iGaming experiences, caters to evolving player preferences and expands the market's reach. The rise of mobile gaming and the integration of advanced technologies like virtual reality (VR) and augmented reality (AR) are further stimulating market growth. While regulatory hurdles and concerns regarding responsible gaming practices pose some challenges, the overall market outlook remains positive, with a projected Compound Annual Growth Rate (CAGR) of 3.22% from 2025 to 2033. The market is segmented by type (Commercial, Tribal, Limited stakes, iGaming) and platform (Traditional, Online), each exhibiting unique growth trajectories. North America and Europe are currently leading market segments, although Asia-Pacific is expected to show significant growth in the coming years due to increasing disposable incomes and a burgeoning middle class. The competitive landscape is characterized by established industry giants like Caesars Entertainment and International Game Technology alongside emerging players in the online gaming sector like DraftKings and Bet365. These companies employ various competitive strategies, including strategic acquisitions, technological innovation, and expansion into new markets, to maintain a leading position. The increasing prevalence of mobile gaming and the integration of sophisticated data analytics for personalized player experiences will continue to shape competitive dynamics. Managing risks associated with regulatory changes, cybersecurity threats, and maintaining responsible gaming practices will be crucial for sustained success in this dynamic market. The market’s success hinges on adapting to evolving consumer preferences, embracing technological innovations, and addressing responsible gaming concerns to maintain sustainable and ethical growth.

Online gambling is gaining popularity in the US, driven by consumer demand for quick profit generation and capital portfolio enhancement. The internet betting market is segmented by game type and end users, with casino gaming emerging as a rapidly expanding category in online wagering. The adoption of virtual reality, blockchain, and mobile platforms in cyber gambling has further spurred market growth. Key trends include a growing gambling culture and a burgeoning sports betting segment in the digital betting industry.

The Casino Gambling Market is Segmented by Type (live Casino, Baccarat, Blackjack, Poker, Slots, and Other Casino Games) and Geography (North America, Europe, Asia-Pacific, Latin America, The Middle East, and Africa). The Report Offers Market Size and Values in (USD) During the Forecast Period for the Above Segments.

Snapshot img

Philippines Casino Gaming Market Size 2025-2029

The Philippines casino gaming market size is forecast to increase by USD 3.93 billion at a CAGR of 10.4% between 2024 and 2029.

The Philippine casino gaming market is experiencing significant growth, driven by the surge in tourism and the launch of new gaming products. However, the market faces challenges such as security risks and cybercrime, which require robust security measures to mitigate potential threats. The tourism industry's expansion, particularly in popular destinations like Boracay and Palawan, has led to an increase in demand for casino gaming. 
New product launches, such as online gambling and Sports betting, are also contributing to market growth. Despite these opportunities, the market is not without risks. Security concerns and cybercrime pose a significant challenge, necessitating the implementation of advanced security systems and regulations to ensure player safety and data security.
Overall, the Philippine casino gaming market presents lucrative opportunities for investors, with continued growth expected due to the favorable business environment and increasing demand from both local and international players.

What will be the size of the The Philippines Casino Gaming Market during the forecast period?

Request Free Sample

The market is a significant player In the global gaming industry, with a focus on licensed casinos offering various forms of entertainment, including electronic gaming machines (EGMs) and table games such as roulette, blackjack, poker, and bingo. The market caters to both local and international clientele, with a growing trend towards non-junket business models. The Philippine Amusement and Gaming Corporation (PAGCor) oversees the regulation of casino gambling, ensuring responsible gaming practices and addressing concerns related to problem gambling. Gross gaming revenues have been on an upward trajectory, driven by the increasing popularity of casinos as travel destinations for domestic tourists and the expansion of integrated resorts.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Land-based casino gaming
  Online casino gaming


Product

  Slot machines
  Lottery ticket machines
  Electronic roulette
  Multiplayer game stations
  Gaming servers


Geography

  The Philippines

By Type Insights

The land-based casino gaming segment is estimated to witness significant growth during the forecast period.Land-based casinos In the Philippines are physical establishments that provide various gaming experiences, encompassing table games, slot machines, electronic gaming machines (EGMs), and bingo. Integrated resorts frequently house these casinos, offering additional attractions such as hotels, restaurants, and live entertainment. The synergy of gaming and non-gaming amenities appeals to both domestic and foreign tourists, making land-based casinos a popular draw.

Get a glance at the market share of various segments Request Free Sample

The Land-based casino gaming segment was valued at USD 4.57 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.The market report also includes sports betting sites, although online gambling is subject to strict regulations. Despite the growth, the house edge remains a crucial factor In the financial success of gaming venues. Overall, the Philippines casino gaming market continues to evolve, offering diverse gaming options and entertainment experiences.

What are the key market drivers leading to the rise in adoption of The Philippines Casino Gaming Market?

The casino gaming market in the Philippines is experiencing significant growth, driven primarily by the robust expansion of the tourism industry. Domestic tourism expenditure saw a remarkable increase of 72.3%, rising from USD27.3 billion in 2022 to USD47.1 billion in 2023. Inbound tourism expenditure esxhibited even more impressive growth, reaching a record high of USD12.3 billion in 2023, an 87.7% increase from the previous year. This surge in tourism spending undercores the growing appeal of the Philippines as a prime travel destination, attracting both local and international tourists to various leisure activities, including casino gaming.
Total internal tourism expenditure surged by 75.3%, from USD33.8 billion in 2022 to USD59.4 billion in 2023. This substantial growth in tourism expenditure translates to increased foot traffic

Market Overview: The Igaming Platform Sportsbook Software Market is poised to experience significant growth, reaching a value of $65.17 billion by 2033, driven by a CAGR of 9.7%. The rise in online gaming, coupled with the increasing popularity of sports betting, is boosting the demand for advanced software solutions. Major drivers include the proliferation of mobile devices, the adoption of blockchain technology, and the expansion of legalized sports betting in various regions. Key Trends and Restraints: The market is witnessing the emergence of hybrid platforms that offer a seamless experience across multiple devices. The integration of virtual reality and artificial intelligence is enhancing user engagement and creating more immersive gaming environments. However, regulatory compliance and concerns over player addiction remain key restraints. The market is segmented into platform type, game type, user type, technology stack, and regional distribution. Key players include Scientific Games, NetEnt, Playtech, Bet365, and DraftKings. Key drivers for this market are: Mobile gaming expansion Integration of AI technology Rise of esports betting Regulatory market changes Personalized user experiences.. Potential restraints include: Technological advancements Regulatory compliance challenges Increasing consumer engagement Market consolidation trends Expanding mobile gaming market..