Japan Online Gambling Market Size & Outlook, 2023-2030
Japan online gambling market, 2018-2030 (US$M)
Related Markets
Japan online gambling market highlights
- The Japan online gambling market generated a revenue of USD 3,933.4 million in 2023 and is expected to reach USD 9,447.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 13.3% 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 3,933.4 million |
| Market revenue in 2030 | USD 9,447.6 million |
| Growth rate | 13.3% (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, Japan accounted for 5.6% 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 Asia Pacific, India online gambling market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,912.7 million by 2030.
Sports betting was the largest segment with a revenue share of 49.68% in 2023. Horizon Databook has segmented the Japan online gambling market based on sports betting, casinos, poker, bingo covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of online gambling in Japan is attributed to the initiation taken by the Japanese government as they are developing a legal framework for the casino industry, which could potentially lead to the legalization of online gambling in the future.
In addition, the increasing popularity of esports is a very popular form of online gambling in Japan. This has led to the development of esports betting, which is expected to become an important segment of the online gambling market in Japan.
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Online Gambling Market Scope
Online Gambling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan online gambling market size, by type, 2018-2030 (US$M)
Japan Online Gambling Market Outlook Share, 2023 & 2030 (US$M)
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