Europe Online Gambling Market Size & Outlook, 2023-2030
Europe online gambling market, 2018-2030 (US$M)
Related Markets
Europe online gambling market highlights
- The Europe online gambling market generated a revenue of USD 29,057.8 million in 2023.
- The market is expected to grow at a CAGR of 11.8% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 29,057.8 million |
| Market revenue in 2030 | USD 63,552.8 million |
| Growth rate | 11.8% (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, Europe region accounted for 41.1% 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 49.67% in 2023. Horizon Databook has segmented the Europe online gambling market based on sports betting, casinos, poker, bingo covering the revenue growth of each sub-segment from 2018 to 2030.
The European online gambling market is the world's largest and most established online gambling market.
The market is driven by several factors, including the growing acceptance of online gambling as a mainstream entertainment activity, the increasing availability of high-speed internet and mobile devices, and the growing popularity of virtual and augmented reality technologies.
In addition, the liberalization of online gambling regulations in various European countries has also contributed to the market's growth.
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Online Gambling Market Scope
Online Gambling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe online gambling market size, by country, 2018-2030 (US$M)
Europe Online Gambling Market Outlook Share, 2023 & 2030 (US$M)
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