U.S. Online Gambling Market Size & Outlook, 2023-2030
U.S. online gambling market, 2018-2030 (US$M)
Related Markets
U.S. online gambling market highlights
- The U.S. online gambling market generated a revenue of USD 11,682.2 million in 2023 and is expected to reach USD 25,791.7 million by 2030.
- The U.S. market is expected to grow at a CAGR of 12% 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 11,682.2 million |
| Market revenue in 2030 | USD 25,791.7 million |
| Growth rate | 12% (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, U.S. accounted for 16.5% 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 North America, U.S. online gambling market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 3,588.4 million by 2030.
Sports betting was the largest segment with a revenue share of 49.74% in 2023. Horizon Databook has segmented the U.S. online gambling market based on sports betting, casinos, poker, bingo covering the revenue growth of each sub-segment from 2018 to 2030.
Online gambling in the U.S. is said to be a complex and ever-evolving topic due to the various federal and state laws and regulations, the states that have legalized online gambling typically have regulatory frameworks to oversee the industry and ensure that the games are fair and the players are protected.
It is essential in each state of the country where online gambling is legal, player must be physically located within the state’s borders to participate in online gambling.
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Online Gambling Market Scope
Online Gambling Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. online gambling market size, by type, 2018-2030 (US$M)
U.S. Online Gambling Market Outlook Share, 2023 & 2030 (US$M)
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