Germany Online Gambling Market Size & Outlook, 2023-2030
Germany online gambling market, 2018-2030 (US$M)
Related Markets
Germany online gambling market highlights
- The Germany online gambling market generated a revenue of USD 4,687.7 million in 2023 and is expected to reach USD 10,085.8 million by 2030.
- The Germany market is expected to grow at a CAGR of 11.6% 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.
Online gambling market data book summary
| Market revenue in 2023 | USD 4,687.7 million |
| Market revenue in 2030 | USD 10,085.8 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Sports betting |
| Fastest growing segment | Sports Betting |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Germany accounted for 6.6% of the global online gambling market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK online gambling market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 15,093.8 million by 2030.
Sports betting was the largest segment with a revenue share of 49.82% in 2023. Horizon Databook has segmented the Germany online gambling market based on sports betting, casinos, poker, bingo covering the revenue growth of each sub-segment from 2018 to 2030.
In Germany, online gambling is regulated by the Interstate Treaty on Gambling (Glucksspielstaatsvertrag of GluStV), which came into effect in July 2021. Under the new treaty, online gambling is legal in Germany but subject to strict regulations.
Only licensed operators can offer online gambling services and must comply with various consumer protection measures such as age verification and addiction prevention. The new treaty also imposes strict limits on online gambling advertising, particularly on sports betting, to protect minors and those who may be susceptible to gambling addiction.
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Online Gambling Market Scope
Online Gambling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany online gambling market size, by type, 2018-2030 (US$M)
Germany Online Gambling Market Outlook Share, 2023 & 2030 (US$M)
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