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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.
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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.
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The Report Covers North America Online Gambling Companies and the Market is segmented by game type (sports betting, casino, and other game types); by device (desktop and mobile); and by geography (the United States, Canada, Mexico, and the Rest of North America). The market size and forecasts are Provided in value (USD million) for the above segments.
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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.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024
| USD 93.0 Billion |
Market Forecast in 2033
| USD 172.8 Billion |
Market Growth Rate 2025-2033 | 7.1% |
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.
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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 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.
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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.
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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 global market size of the casino and online gambling sector totaled 292.1 billion U.S. dollars in 2023. This marked the first time since the beginning of the coronavirus (COVID-19) pandemic in 2020 that the market size reached pre-pandemic levels.
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Online gambling is experiencing significant growth in Europe, driven by advancements in technology such as virtual reality, blockchain, and mobile platforms. The shift from traditional to digital wagering has boosted revenue, with major players focusing on mergers to increase market share. Innovations in blockchain, IoT, and VR are revolutionizing the cyber gambling industry. The market, led by the UK, is segmented by game type, end-user, and geography, with a focus on sports betting, casino, lottery, and bingo.
As of April 2024, the market size of the global casinos and online gambling industry reached 305.8 billion U.S. dollars. In that year, there were roughly two million workers employed at around five thousand establishments worldwide. The global casino and online gambling industry consists of gambling facilities that offer gambling possibilities such as table wagering games and gaming machines. It is common for these establishments to also provide dining, beverage, and lodging services. Legal online gaming on casino-style games is also a part of this industry.
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India online gambling market size reached USD 2.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.7 Billion by 2033, exhibiting a growth rate (CAGR) of 7.78% during 2025-2033. The inflating popularity of interactive entertainment, along with the growing demand for a convenient alternative to traditional land-based gambling, is primarily driving the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 2.9 Billion |
Market Forecast in 2033
| USD 5.7 Billion |
Market Growth Rate 2025-2033 | 7.78% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on game type and device.
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The online gambling market size is estimated to rise from $89.19 billion in 2024 to $275.57 billion by 2035, growing at a CAGR of 10.8% from 2024 to 2035.
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The China online gambling market size reached USD 11.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 19.9 Billion by 2033, exhibiting a growth rate (CAGR) of 6.05% during 2025-2033. The growing popularity of online gaming, increasing utilization of smart devices, and rising awareness about the benefits of using cryptocurrency represent some of the key factors driving the market.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 11.4 Billion |
Market Forecast in 2033
| USD 19.9 Billion |
Market Growth Rate 2025-2033 | 6.05% |
IMARC Group provides an analysis of the key trends in each sub-segment of the China online gambling market report, along with forecasts at the country and regional level from 2025-2033. Our report has categorized the market based on game type and device.
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The United States online gambling market size reached USD 11.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 22.0 Billion by 2033, exhibiting a growth rate (CAGR) of 7.63% during 2025-2033.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 11.0 Billion |
Market Forecast in 2033 | USD 22.0 Billion |
Market Growth Rate (2025-2033) | 7.63% |
IMARC Group provides an analysis of the key trends in each sub-segment of the United States online gambling market report, along with forecasts at the country and regional level from 2025-2033. Our report has categorized the market based on game type and device.
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Notes: (1) Monthly payments are due to the State by the 15th of the following month. (2) The operation of the online casino gaming began on October 12, 2021. (3) This amount shall only include coupons and credits issued for use for gaming in the state and redeemed in the State of Connecticut. (4) Per Public Act 21-23, from October 2021 – September 2022 the promotional deduction is limited to the lesser of 25% of online casino gaming Win/Loss, or actual promotional coupons or credits wagered. From October 2022 – September 2023 this limit drops to 20%, and to 15% thereafter. (5) Payment rate is 18% of Gross Gaming Revenue until September 2026; 20% for all subsequent periods. Monthly payment is the greater of the calculated payment or $0 (if calculated payment is negative). (6) MPTN began on-reservation online casino gaming on December 7, 2021, the Mohegan Tribe began on-reservation online casino gaming on May 6, 2022. (7) In July 2024, Mohegan Digital, LLC's online gaming operator identified and reported data latency issues that caused errors in the May 2024 payment calculations submitted to the State of Connecticut. Mohegan Digital, LLC amended their May 2024 return, which resulted in a decrease of $679 in both Wagers and Win/(loss) and a decrease of $104 in Payment. Amended figures are shown above.
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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.
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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.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
| USD 5.2 Billion |
Market Forecast in 2033
| USD 8.9 Billion |
Market Growth Rate 2025-2033 | 5.88% |
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.
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.
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The U.S. Online Gambling Market size was evaluated at $12.1 billion in 2023 and is slated to hit $27 billion by the end of 2032 with a CAGR of nearly 11%.
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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.