Middle East & Africa Online Gambling Market Size & Outlook
Middle East & Africa online gambling market, 2018-2030 (US$M)
Related Markets
MEA online gambling market highlights
- The MEA online gambling market generated a revenue of USD 4,801.0 million in 2023.
- The market is expected to grow at a CAGR of 7.7% 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, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 4,801.0 million |
| Market revenue in 2030 | USD 8,075.0 million |
| Growth rate | 7.7% (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, MEA region accounted for 6.8% 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 49.77% in 2023. Horizon Databook has segmented the Middle East & Africa 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 relatively nascent industry in the Middle East and Africa owing to the fact that many countries in the region have strict laws around gambling. However, there are some countries where online gambling is legal and regulated and where the industry is beginning to grow.
One of the key factors driving the growth of the online gambling market in the region is the increasing technologies. Major international gambling operators are investing in the regional market as they see significant potential for growth in the region.
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Online Gambling Market Scope
Online Gambling Market Companies
| Name | Profile | # Employees | HQ | Website |
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MEA online gambling market size, by country, 2018-2030 (US$M)
Middle East & Africa Online Gambling Market Outlook Share, 2023 & 2030 (US$M)
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