Asia Pacific Online Gambling Market Size & Outlook
Asia Pacific online gambling market, 2018-2030 (US$M)
Related Markets
Asia Pacific online gambling market highlights
- The Asia Pacific online gambling market generated a revenue of USD 16,971.6 million in 2023.
- The market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
- In terms of segment, sports betting was the largest revenue generating type in 2023.
- Sports Betting is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 16,971.6 million |
| Market revenue in 2030 | USD 39,079.8 million |
| Growth rate | 12.7% (CAGR from 2023 to 2030) |
| Largest segment | Sports betting |
| Fastest growing segment | Sports Betting |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sports Betting, Casinos, Poker, Bingo |
| Key market players worldwide | Evoke Pharma Inc, Betsson AB Class B, Entain PLC, Flutter Entertainment PLC, Churchill Downs Inc, Kindred Group PLC SEDR, Sportech PLC |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.0% of the global online gambling market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 39,079.8 million by 2030.
Sports betting was the largest segment with a revenue share of 49.84% in 2023. Horizon Databook has segmented the Asia Pacific online gambling market based on sports betting, casinos, poker, bingo covering the revenue growth of each sub-segment from 2018 to 2030.
Online gambling is a rapidly growing industry in the Asia Pacific, with many countries experiencing a surge in online gambling activity in recent years.
Internet penetration continues to increase across the region as more people are gaining access to online gambling platforms, along with the rise in middleclass population that has led to an increase in disposable income, which can be spent on online gambling activities.
The regional market is expected to grow in the coming years, driven by other factors such as the legalization and regulation of online gambling activities.
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Online Gambling Market Scope
Online Gambling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific online gambling market size, by country, 2018-2030 (US$M)
Asia Pacific Online Gambling Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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