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 Online Sports Betting Market Report Segments the Industry Into Sport Type (Football, Basketball, Horse Racing, Baseball, Tennis, Other Sport Types), End User (Desktop, Mobile), Betting Type (Pre-Match/Fixed-Odds and Live/In-Play), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). Market Sizing is Presented in USD Value Terms for all the Abovementioned Segments.

The size of the global online gambling and betting industry amounted to ** billion U.S. dollars in 2024. This has been forecast to rise to *** billion U.S. dollars by 2029. In comparison, the market size of the global sports betting and lottery industry was valued at roughly *** billion U.S. dollars as of March 2025. Overall, the global sports betting industry had more than ******* employees and approximately ****** businesses. What is the most popular type of online gambling in the United States? As of 2024, online sports betting ranked as the form of online gambling with the highest share of participants in the U.S. In total, ** percent of U.S. adults said they made online bets on sports. Meanwhile, the total revenue from sports betting in the U.S. amounted to ***** billion U.S. dollars in 2023, denoting an increase of approximately ** percent from the previous year. Meanwhile, ********** was the most popular sports betting website in the U.S. as of January 2024. 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 2023 and March 2024, over ***** billion British pounds worth of National Lottery tickets were sold. Meanwhile, more than *** billion British pounds were available as prize money for potential winners of the National Lottery in the same period.

Online Gambling And Betting Market is growing with a CAGR of 11.1% in the prediction period and it crosses USD 219.14 Bn by 2032 from USD 104.82 Bn in 2025.

Global online gambling & betting market worth at USD 68.19 Billion in 2024, is expected to USD 162.25 Billion by 2034, with a CAGR of 9.2% from 2025 to 2034.

The United States Online Gambling Market Report is Segmented by Game Type (Sports Betting, Casino, Lottery, Bingo, and Other Game Types), Gender (Male and Female), Age Group (Below 25 Years, 25-40 Years, and Above 40 Years), and Device (Desktop, Mobile, and Others). The Market Forecasts are Provided in Terms of Value (USD).

Discover the booming online gambling & betting market! This in-depth analysis reveals key trends, growth drivers, major players (Bet365, Flutter Entertainment, DraftKings etc.), and regional market share projections through 2033. Learn about the challenges and opportunities in this dynamic industry.

online gambling and sports betting market size is projected to grow USD 208.10 billion by 2034, exhibiting a CAGR of 7.26%.

The US Online Gambling & Betting Market Size Was Worth USD 11.92 Billion in 2023 and Is Expected To Reach USD 36.52 Billion by 2032, CAGR of 13.30%.

The Online Gambling Market is Segmented by Product Type (Sports Betting, Casino, Lottery, and Bingo), by Platform (Desktop, Mobile, and More), by Age Group (18–24 Years, 25–34 Years, 35–44 Years, 45–54 Years, and 55+ Years), by Betting Type (Pre-Match/Fixed-Odds and Live/In-Play), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

The online sports betting and casino market is experiencing robust growth, with a market size of $39,070 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 6.9% from 2025 to 2033. This expansion is driven by several key factors. Increasing smartphone penetration and readily available high-speed internet access are making it easier for individuals to engage in online betting. Furthermore, the legalization and regulation of online gambling in several key markets globally are removing barriers to entry and fostering greater market confidence. The rising popularity of esports and the continued growth of established sports such as soccer, American football, and basketball are also contributing to increased betting activity. The market is segmented by betting type (casinos, soccer, American football, basketball, hockey, mixed martial arts and boxing, others) and access method (desktop, mobile devices), reflecting the diverse preferences of bettors. Key players such as Bet365, Flutter Entertainment, and DraftKings are driving innovation through advanced technology, attractive user interfaces, and aggressive marketing campaigns. However, challenges remain, including concerns about responsible gambling, the need for robust regulatory frameworks to prevent fraud and money laundering, and potential regional variations in acceptance and legal frameworks. The geographic distribution of the market is diverse, with North America, Europe, and Asia-Pacific representing significant market shares. The United States, with its increasingly liberalized gambling laws, is a particularly promising region. The continued expansion into new markets, particularly in developing economies with growing internet usage and disposable income, is expected to further drive market growth in the coming years. Competition is fierce, with established operators constantly innovating to retain market share and attract new customers. The market's future trajectory suggests a continued upward trend, fueled by technological advancements, changing regulations, and the enduring popularity of sports and casino games. However, sustained growth will necessitate a focus on responsible gambling initiatives and strict adherence to regulatory guidelines.

The global online gambling and betting market is projected for steady, albeit modest, growth, estimated at a market size of $70,280 million in 2025, with a Compound Annual Growth Rate (CAGR) of 1.1% anticipated to persist through 2033. This indicates a mature market where expansion is driven by technological advancements, regulatory shifts, and evolving consumer preferences for convenience and accessibility. The primary drivers of this growth are expected to be the increasing penetration of smartphones and high-speed internet, which democratize access to online gaming platforms across diverse demographics. Furthermore, the continuous innovation in game development, including the integration of live dealer experiences and virtual reality, aims to enhance player engagement and attract new users. The proliferation of mobile betting applications and the growing acceptance of online gambling as a form of entertainment in emerging markets also contribute to sustained market traction. Despite the generally stable growth, the market is not without its challenges, with evolving regulatory landscapes and responsible gambling initiatives acting as potential restraints, necessitating a balanced approach to market expansion and player welfare. The market is broadly segmented by application into Desktop and Mobile Devices, with a significant and growing preference for mobile access due to its inherent flexibility and user-friendliness. The types of online gambling and betting activities encompass a wide spectrum, including Casino games, Sports Betting, Poker, Bingo, and Lottery, each catering to distinct player demographics and preferences. Sports betting, in particular, continues to be a dominant segment, fueled by major sporting events and sophisticated in-play betting options. Casino games, with their diverse offerings and appealing graphics, remain a consistent revenue generator. Geographically, Europe and North America are expected to maintain their positions as leading markets, driven by established online gambling cultures and robust technological infrastructure. However, Asia Pacific and South America present significant growth opportunities, as regulatory frameworks mature and internet access expands. Key players such as Bet365, Flutter Entertainment, and Entain plc are at the forefront, continuously investing in platform development, marketing, and strategic acquisitions to maintain their competitive edge in this dynamic and increasingly regulated industry. This comprehensive report delves into the dynamic landscape of the Online Gambling & Betting industry, offering an in-depth analysis from the historical period of 2019-2024 through to an estimated market size of $750 million in the Base Year of 2025, with projections extending to the Forecast Period of 2025-2033. The study encompasses a meticulous examination of market concentration, prevailing trends, regional dominance, product insights, and the critical driving forces, challenges, and emerging trends shaping this rapidly evolving sector.

The growth of the global online gambling market was forecast to reach a rate of **** percent over the previous year in 2018.

Online gambling market

Online gambling includes playing casino games, lotteries, poker and sports betting via the internet. Sports betting was only legalized in the United States by Supreme Court in 2018, enabling the companies in that industry to grow their sports betting sectors. Some of the online gambling firms that have profited from this change in legislation include top online gambling company Paddy Power Betfair and U.S. competitor International Game Technology, whose market value accounted for almost *** billion U.S. dollars in 2017.

Online gambling industry continues to grow

In the era of digitization and the advancements of technology, higher proportions of gamblers now play online, which leads to a growing online gambling market around the world. The global online gambling market is anticipated to reach almost ** billion U.S. dollars by 2024.

US Online Gambling Market size was valued at USD 12.1 Billion in 2024 and is projected to reach USD 27 Billion by 2032, growing at a CAGR of 5.22% from 2026 to 2032.US Online Gambling Market: Definition/ OverviewOnline gambling is the activity of betting or playing games of chance on the internet. It includes a variety of gambling activities, such as sports betting, casino games, poker, and virtual games, all of which are accessible via computers, tablets, or smartphones. This type of entertainment allows people to place bets, participate in game sessions, and watch live events from anywhere they have internet access.Online gambling has a wide range of applications, including online poker, casino games like blackjack and roulette, and sports betting, which allows users to place bets on events such as football, basketball, and horse racing.

Online Gambling & Betting Market Outlook

The global online gambling and betting market size was valued at approximately $61.5 billion in 2023 and is projected to reach $131.1 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2032. The rapid proliferation of internet and mobile technology, along with increasing legalization and regulation of online gambling activities, are key growth factors contributing to this market expansion.

The online gambling and betting market has experienced a significant surge in growth due to the increased penetration of smartphones and high-speed internet. With more than 4.5 billion internet users globally, accessibility to online gambling platforms has never been higher. The convenience of gambling from the comfort of one's home or on the go has driven many to shift from traditional brick-and-mortar establishments to online platforms. Moreover, the use of advanced technology such as artificial intelligence and blockchain has further enhanced user experience, making it safer and more engaging for players.

Another major growth factor is the increasing acceptance and legalization of online gambling and betting in various regions. Countries that previously had stringent laws against gambling are now considering or have already implemented regulations to allow and tax online gambling. This shift is driven by the potential economic benefits, including substantial tax revenues and the creation of jobs. For instance, the United States has seen a significant change in its stance on sports betting, with numerous states legalizing it post the Supreme Court's decision in 2018.

The COVID-19 pandemic also acted as a catalyst for the online gambling and betting market. With physical casinos and betting shops closed or operating at limited capacities, many gamblers turned to online platforms. The lockdowns and social distancing measures provided a unique opportunity for online operators to attract new customers. The surge in demand led to increased investments in online platforms, improved user interfaces, and a broader range of games and betting options.

Regionally, North America has emerged as a significant market for online gambling and betting due to favorable legislative changes, particularly in the United States. Europe continues to dominate the market with established regulatory frameworks and a high prevalence of online gambling activities. The Asia Pacific region is also witnessing rapid growth owing to increasing disposable income and the growing popularity of online gaming and betting among the younger population.

The rise of Mobile Gambling has been a game-changer in the online gambling and betting market. With the increasing capabilities of smartphones and the convenience they offer, mobile gambling has become a preferred choice for many users. The ability to place bets and play casino games from virtually anywhere has expanded the reach of online gambling platforms. Mobile apps are designed to provide a seamless experience, with intuitive interfaces and secure payment options, ensuring that users can enjoy their favorite games on the go. This shift towards mobile has also encouraged operators to develop mobile-specific promotions and features, enhancing user engagement and loyalty.

Type Analysis

In the online gambling and betting market, the type segment is diverse, encompassing sports betting, casino games, poker, bingo, lottery, and others. Sports betting remains the most popular type owing to the global fascination with sports events and the excitement of wagering on outcomes. The availability of various sports and leagues to bet on, coupled with live betting options, has significantly enhanced user engagement. Moreover, the integration of real-time data and analytics provides bettors with insights and strategies to make informed decisions, further driving the popularity of sports betting.

Casino games, including slots, blackjack, roulette, and other table games, constitute a substantial portion of the online gambling market. The allure of casino games lies in their variety and the potential for high payouts. Online platforms have leveraged cutting-edge graphics and immersive technologies such as virtual reality to replicate the experience of a physical casino, attracting a broad user base. Live dealer games, where players can interact with real dealers via live streaming, have added a new dimension to online casino gaming.&

The global Online Gambling and Betting Market was valued at USD 62.8 billion in 2022 and will reach USD 142.8 billion by 2030, registering a CAGR of 10.8% for the forecast period 2023-2030. Market Dynamics of the Online Gambling and Betting Market

Ease of payment online is fueling the online gambling and betting market

Online payment options for individuals have become relatively simple and are widely accepted due to the explosion in internet usage and the digital transformation of financial services. Additionally, the expansion of online/digital payments along with strict laws has prompted providers to employ a number of safety measurement technologies, making digital payment platforms secure and safe. Moreover, Digital payments offer quick and easy ways to make payments, which is encouraging more individuals to gamble online. Additionally, the use of payment E-wallets like PayPal, Neteller, or GPay is growing in popularity. These services make it simple and secure for users to conduct transactions on gambling websites. For instance, Neteller can be used to conduct transactions in more than 200 nations worldwide. Thus, the convenience of online payment is driving up the market for online gambling and betting.

The increasing use of smartphones is expected to drive the market of online gambling and betting 

Along with 5G internet services and well-modified smartphones boosted the market of online gambling and betting. Additionally, smartphone penetration surged during COVID-19. Moreover, a major element driving the growth of smartphone use is the expansion of the availability, of reasonably priced smartphones. For instance, the Entain Plc. subsidiary BetMGM teamed with NBC Sports in September 2022 to give weekly integrations on 2022 NFL season highlights on Football Night in America and other content across all of NBC Sports' platforms. Artificial intelligence, machine learning, and augmented reality are features of contemporary smartphones that aid programmers in developing immersive and interactive gambling applications. Thus, it is anticipated that the industry will be driven by the availability of inexpensive mobile phones.

Government regulation and restriction impacted the online gambling and betting market

There are different rules and regulations implemented on online gambling and betting where as some countries have restricted or banned online gambling. As online gambling has attracted legal scrutiny. Various countries around the world have regulated restrictions significantly which restrain the online gambling market vendors will also lose market share thus resulting in the finical loos

Impact of the COVID-19 Pandemic on the online gambling and betting Market

The COVID-19 epidemic had a favorable effect on the expansion of the online gambling and betting market. Lockdowns were implemented by numerous governments worldwide to stop the virus's spread. Additionally, there were tight limitations placed, which had an effect on the operations on offline casinos. As a result, online gaming apps and websites became more popular. Many players began to concentrate on internet gambling. It contributed to them reaching a wider audience on a global scale. However, the sports betting industry was impacted by the cancellation of important sporting events because of COVID-19, especially in 2020. Although the market for online gaming and betting is anticipated to flourish with the removal of preventive measures established by the government. Introduction of Online Gambling and Betting

Online gambling is a gambling game conducted on the internet. This includes virtual poker, casinos, and sports betting. Today the market is worth around $40 billion globally every year Many countries restrict or ban online gambling. However, it is legal in some states of the United States, some provinces in Canada, most European Union countries, and several Caribbean nations. In many legal markets, online gambling service providers are legally required to have some form of license to provide services or advertise. But the growing internet penetration and rise in the use of mobile phones among users for playing is increasing the demand for online gambling

Get key insights on Market Research Intellect's Online Gambling And Sports Betting Market Report: valued at USD 100 billion in 2024, set to grow steadily to USD 150 billion by 2033, recording a CAGR of 5.2%.Examine opportunities driven by end-user demand, R&D progress, and competitive strategies.

In July 2023, a survey was conducted to determine the main reasons for preferring online/mobile sports betting in the United States. The majority of respondents, 77.5 percent, said that the main reason was convenience. Comparatively, 21.3 percent of survey participants said that they bet online or via mobile because there were no in-person options near them.

The global gambling & betting market is booming, with a $262 billion market size in 2025 and a projected 4.5% CAGR through 2033. Discover key trends, growth drivers, and leading companies shaping this lucrative industry. Learn about online gambling, sports betting, and the impact of technological advancements on this dynamic sector.

Online gambling services in the US are hosted on internet platforms that enable consumers to wager on events such as digital table games, interactive games or sporting events, including horse racing. This relatively small but robust industry has sought to capture more consumer spending on gambling services by branching out into hosting online platforms. Other platforms in the sports betting segment are newer, online-based endeavors, like DraftKings, which entered the industry in 2018. In 2020, amid the pandemic, the industry experienced booming growth, though rising operating costs hindered profit. Gambling expenditure has continued to climb as leisure time and disposable income have remained high, benefiting gambling service providers in states that legalized online gambling. Revenue for online gambling services is expected to swell at a CAGR of 30.7% to $20.0 billion through the end of 2025, including a hike of 10.3% in 2025 alone. The magnitude of revenue gains is enhanced by the industry's immaturity and the legalization of online gambling in many states in recent years. These service offerings have exploded in popularity since 2018, when the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) of 1992, which prevented states from legalizing online gambling in the future. As of May 2025, 38 US states, Washington, DC, and Puerto Rico have legalized some form of sports betting. The number of legal states has grown from 27 since 2023. Online casino gambling is legal in seven states, including Connecticut, Delaware, Michigan, New Jersey, Nevada, Pennsylvania and West Virginia. Moving forward, the industry will expand quickly but at a slower rate compared with the previous period. While it's impossible to forecast, several major states have explored legalization. Texas and California have not legalized online gambling, representing the two largest consumer markets in the US. Rising consumer spending is expected to spur revenue growth because consumers will have more income and feel more comfortable spending it on discretionary purchases. Revenue is expected to climb at a CAGR of 9.4% to $31.4 billion through the end of 2030.