Turkey Online Gambling Market Size & Outlook, 2023-2030
Turkey online gambling market, 2018-2030 (US$M)
Related Markets
Turkey online gambling market highlights
- The Turkey online gambling market generated a revenue of USD 985.5 million in 2023 and is expected to reach USD 1,678.0 million by 2030.
- The Turkey market is expected to grow at a CAGR of 7.9% 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 985.5 million |
| Market revenue in 2030 | USD 1,678.0 million |
| Growth rate | 7.9% (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, Turkey accounted for 1.4% 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 Middle East & Africa, South Africa online gambling market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2,237.6 million by 2030.
Sports betting was the largest segment with a revenue share of 49.73% in 2023. Horizon Databook has segmented the Turkey online gambling market based on sports betting, casinos, poker, bingo covering the revenue growth of each sub-segment from 2018 to 2030.
Turkey has a complex legal landscape regarding online gambling, while land-based casinos are prohibited in the country, online gambling is not explicitly banned, but the government has taken measures to block access to foreign online gambling sites. Despite this, online gambling remains popular in turkey, with many Turkish citizens gambling on offshore websites.
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Online Gambling Market Scope
Online Gambling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Turkey online gambling market size, by type, 2018-2030 (US$M)
Turkey Online Gambling Market Outlook Share, 2023 & 2030 (US$M)
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