Global Gambling Industry Statistics
Posted : admin On 4/10/2022Before we do an in depth analysis, let’s first take a look at the bigger picture here – the numbers. In this article, we are going to focus on statistics for the online gambling industry. As usual, numbers involve a point of view, so when you glance through the rundown of worldwide gambling misfortunes for players, you’re likewise taking a gander at the betting successes for administrators. In light of that, here’s a breakdown of the ten best places for betting income dependent on players.
Online Gambling Market Worth $102.97 Billion by 2025 CAGR: 11.5%: Grand View Research, Inc. PR Newswire SAN FRANCISCO, Aug. 27, 2019 SAN FRANCISCO, Aug. 27, 2019 /PRNewswire/ - The global. The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market. Find industry analysis, statistics, trends, data and forecasts on Global Casinos & Online Gambling from IBISWorld. Get up to speed on any industry with comprehensive intelligence that is easy to read. Banks, consultants, sales & marketing teams, accountants and students all find value in IBISWorld. For the Global Gambling Industry Statistics casino it works because once a player uses a no deposit bonus he would end up depositing funds to play for real money. Even if he doesn’t end up playing for real money, he would still make a deposit to cash out his winnings.
Online Gambling Statistics
This statistic shows the global online gambling market size from 2009 to 2024. The current size of the market is almost 46 billion U.S. Dollars, meaning the size is forecast to double in the.
It’s intriguing that Macau bests the rundown of per-person income. Yet Chinese citizens don’t enlist on our top review of betting misfortunes. Macau’s vacationer business has taken a hit as of late. However, tourists still guarantee Macau’s place on top.
Australia appears to display exceptional numbers when it comes to losses and accumulated revenue. At the moment, Australia owns greater number of slot machines than rivaling countries and honestly, it is quite surprising as the country has a population of 22 million.
The top 3 countries with highest gambling income around the world
With regards to betting, we’re all equivalent. Regardless of the games or country that we play in, the online casino always have higher chances to win, and it also doesn’t matter if we play in classic land-based gambling clubs or on the web. Similar to a pile of gambling club chips, a few nations have ascended higher than others in the course of the most recent years.
Through a mix of the guideline, compelling advancement and innovation, the UK, Australia, and Canada have risen as betting masters since the beginning of the 2000s. Presently home to a number of big players in the business, for example, Microgaming and Playtech, the accompanying three nations are top ones regarding notoriety and, obviously, numerical data.
Since the subsidence of 2008-2009, numerous nations have gone to betting as a method for reinforcing weak economies. Some have presented new administrative bodies or opened up their gambling business. Others have continued onward with authorized on the web and mobile betting to enable players to play wager at home. Now let’s take a look at the strategies of players that top all the gambling related incomes list in 2019 and find out what is it exactly that they do which makes them stand out from the competitors.
Macau
Greatest diversions: Casino
China has an on-off attitude towards betting. The Chinese government holds regular lotteries that serve its 1 billion occupants, yet most on the web and live betting is prohibited. The huge issue China has, or possibly its administration, is how to manage Macau.
Previously a Portuguese colony, Macau is currently a home to the most significant online casino gambling businesses around the world. It goes about as a Special Administrative Region in China. And keeping in mind that it’s not administered from Beijing, it has needed to persevere some heavyweight pressure from the government to get rid of betting income.
There are 38 clubs in Macau, including real activities from worldwide players like Sands and Wynn, and Melco Crown. Generally, in Macau, net gaming income (GGR) has been on the decay for a couple of years. A clampdown on money spilling out of China to Macau has prompted numerous club battling. Another bearing for the club into ‘mass market’ diversion may see an adjustment in Macau’s fortunes. Or else, VIPs and hot shots will keep on discovering new places to bet like Australia, Singapore, and the Philippines.
USA
Recreations: Poker, gambling clubs, sports betting, horse racing, lottery, Daily Fantasy Sports (DFS), bingo
Together with Macau, the United States of America drives the list in worldwide betting revenues, with the state of Nevada assisting with its ever-growing gambling club market. Majority of states in the US have restricted web-based betting, but many have authorized gambling clubs. Additionally, many US states hold regular lotteries.
In 2013, Delaware, New Jersey, and Nevada turned into the initial states to direct web-based gaming out of the blue. Nevada presently allows the works of online poker locales, while Delaware and New Jersey have legitimated online club and poker websites. Online sports betting, however, is banned all over.
Justifiably, Nevada drives the route with $11,123,830 in 2015 with regards to US club betting, according to the latest statistics on online gambling. On the other hand, New Jersey has suffered some bad hits. Parts of New Jersey such as Atlantic City have seen gambling clubs go fully bankrupt as its club income has dropped from $5.2 million during 2006 to $2.5 million in 2015.
New Jersey legitimized web-based betting in 2013 after the unwinding of web betting laws. The Division of Gaming Enforcement (DGE) manages legitimate web gaming in the Garden State.
Incomes have been on decline since web betting was legitimized in New Jersey. Be that as it may, in July 2016 in general web-based betting incomes rose to $16 million says the online gambling statistics report.
How it’s administered: Lotteries, sportsbooks, and gambling club are represented on a state-by-state format. Online sports betting is still restricted all over the US. However, the law is on the table for discussion with an ascent in prominence of DFS (Daily Fantasy Sports). Nevada and New Jersey have sanctioned regular online casino games, with some legitimate web-based betting. California and Florida have flourishing legitimate online poker ventures. In any case, the two states have opposed calls to authorize online poker. Pennsylvania as of late changed the two its property based and web-based betting markets.
Great Britain
Recreations: Sports betting, poker, lottery, bingo, horse racing, club, portable gaming, social gaming
One of the first betting markets and a pioneer with regards to guideline cordiality of the UK Gambling Commission, the UK has scored some fantastic income as of late. From the quantity of wagering venues to the general volume of the industry, the United Kingdom is, without a doubt, an incredible betting country.
The United Kingdom has online casino and poker and bingo rooms and a state-regulated lottery. The UK citizens are additionally permitted to bet real cash on portable and web-based betting sites.
Famous Gambling Games
Casino Games and Slots
Gambling club wagering typically involves a general “wagering” bunch that incorporates lottery and bingo. In any case, club betting had ascended to 35.1% in 2013 from 32% in 2007, according to the statistics on online gambling clubs.
As indicated by the most recent statistics on online gambling amongst the USA gambling club guests, almost half (48%) played slot games, while 16% and 6% playing blackjack and poker, respectively. Roulette represented only 5% of the prevalent play.
The development in mobile gambling and online slots has prompted some gigantic victors. Dynamic big stakes have been in charge of some groundbreaking successes, with gamblers bringing down rewards of $5-7 million in the previous couple of years.
Sports Betting
Sports betting is a billion-dollar worldwide industry. Be that as it may, the unregulated sports wagering industry in Asia implies the business, all in all, might really be worth a lot more. Illicit wagering crime groups in China and in other places have been in charge of fortunes being won and lost on games.
Controlled sports betting represented $58 billion in the worldwide market. Those numbers are set to rise over $77 billion during 2016. (Source: European Gaming and Betting Association).
Poker
Online poker has climbed since its blast in the mid-2000s. The elimination of US-confronting destinations has prompted a decrease in web traffic. Furthermore, even in regulated industries, online poker statistics are battling. The highest rewards keep on increasing, with the World Series of Poker headliner winner getting around $7-10 million. The most top online competitions draw in enough players to grant million-dollar first prizes.
Lottery
Lotteries are legitimate in numerous nations, even where customary wagering and club style betting is banned. The EGBA predicts an ascent in a lot of by and massive gaming on the web, from 2.4% in 2013 to 6% in 2018.
In the United Kingdom, the National Lottery fund-raises for charitable purposes just as allowing players to score huge rewards. Lottery prizes increased 22% somewhere in the range of 2012 and 2016, with £3.28 billion paid out in 2012 and £4.23 billion out of 2016.
Bingo
It’s assessed there are currently around 100 million online bingo players around the world, 70-80% of whom are ladies, generally matured somewhere in the range of 30 and 50. In 2015 yearly gross-gaming yield for the online bingo industry from UK clients along with £128.64 million, or 3% of the whole web-based betting piece of the pie.
In 2015, the yearly gross income for the online bingo market from United Kingdom clients was around £128.64 million or 3% of the whole web-based betting piece of the pie, says the annual statistics on online gambling.
Betting
As should be evident from the measurements, the betting business is presently flourishing. From live gambling clubs in Canada to the online economy in Spain, the quantity of players paying is unmistakably on the up.
Online Gambling Statistics
Even though the worldwide retreat and administrative issues have made pieces of the betting business grow slower than anticipated in the course of the most recent decade, the global accounting report is still operating at a profit. Truth be told, as we head towards 2020, the approach of innovation, for example, portable gambling clubs, live seller diversions and, possibly, computer-generated reality, are taking yearly income to record levels.
Along these lines, regardless of whether you’re an administrator, a player or only somebody with a propensity for numbers, the betting business keeps on demonstrating that it’s a standout amongst the most energetic diversion economies on the planet.
The expected future trends in the worldwide gambling industry
There is no industry on the planet today that can coordinate the sheer development and drive of web-based betting. Over the globe, the event is grabbing hold, with more brands than any other time in recent memory viewing for player consideration and more individuals setting down bets accordingly.
Thinking about the present condition of world betting, everybody is currently looking to what’s to come. Be that as it may, – as most will as of now confirm – anticipating the eventual fate of the betting scene is no simple accomplishment. Making the circumstance a little brighter, we’ve separated the information to surrender you ahead on what’s to come.
Estimated value of the worldwide online casino market
What’s quickly evident is the surprising estimation of the gambling club market in 2017, with it’s anticipated esteem expected to be around $635 billion in the years to come. Drilling this detail further, it merits taking a gander at the 2 most important segments in club gaming’s development – those being the United States and the United Kingdom. In the US, experts anticipate money incomes to hit $21.14 billion, whereas in the UK betting income should hit $4 billion. These two statistics alone make up what ought to be a 5.7% development of the worldwide betting business sector before 2022
The development identified with online casino play, by and large, is gigantic, yet for all intents and purposes, the majority of this has happened in the online area. Land-based gambling club play is still concerning the downturn – separated from inside a couple of the specific regions – like it has been as of late. Considering that new online businesses continue to emerge, we can accept that online club industry will keep on predominating land-based activities.
Biggest gambling market
The biggest market for web-based betting is Europe, yet this most likely won’t seem like a shock to anybody. During 2015, the EU market was responsible for 47.6% of the €34.6 billion of worldwide internet gaming gross revenue (stakes small rewards) created. While the achievement of internet betting in Europe is entirely outstanding, what’s helping the mainland be viewed as a pioneer in betting is its dimension of advancement, mainly through the development of useful gambling club stages.
On the other hand, bearing in mind the fragile nature of EU legislative issues since Brexit, people started to ask questions about how new policies will affect betting in Europe in the upcoming years.
Highest increase rate in market share
Macau’s betting propensities have dependably been noticeable, with the measurements demonstrating that betting movement is just developing on Chinese shores. According to the newest statistics on online gambling, year-on-year month to month development in Macau gambling club income stays at an enduring 1.1%. This helps Macau to crush yearly focuses concerning gross gaming income.
As per current information dependent on the framework, appearance, and increasing spending, it could be around $53 billion by 2022. This information originates from a Morgan Stanley report titled “Macau 2022 – Power of Compounding”. In the story, the examiner states, “We figure the nature of development will be better, as more than 80 percent of the estimated benefit should originate from the mass market fragment. The 2018 opening of the Hong Kong-Zhuhai-Macau Bridge was an important foundation advancement, interfacing HK and Macau districts with the city of Zhuhai on territory China. The city’s Hengqin island likewise proceeded with its colossal advancement venture, with the point of making the whole associated district a world focus of relaxation, the travel industry, and gaming. We additionally believe that by 2022, there will be clarity around permit restoration, advancement, and framework incline.”
Fueled by stable and reliable development figures, Macau might be the central spot on the planet – barring Las Vegas – where land-based gambling club play is genuinely prospering, according to online gambling statistics.
Increasing market share of Australia
Taking a gander at the situation of worldwide betting nation by nation, the betting dimensions in the United States, United Kingdom, Japan, and China are as of now all around recorded. What won’t be so apparent is Australia’s come in the business’ development. Insights demonstrate that the ordinary misfortune per card games in Australia goes over the one in different countries, coming in at somewhat below $1,000. Singapore is second on that rundown, with the ordinary misfortune per grown-up approximately $640, says the newest online gambling statistics. With Australian citizens desiring to take part with better than standard measures of extra cash, Australia will have a task to carry out later on of online club gaming.
Closing the gap between the number of male and female gamblers
There is another primary consideration that should be tended to the outside of country-by-country advance, this showing the number of women starting on betting, as they are currently assuming a more interactive performance in net revenues than any other time in recent memory. Ladies presently represent around 40% of all betting movement in the UK, as indicated by information on the latest statistics for online gambling issued by UKGC.
According to online gambling statistics, for ladies, amusements, for example, bingo have demonstrated continuously to be prevalent. However, it gives the idea that many are currently moving onto different recreations – explicitly spaces – as every year passes by.
New York, NY, Sept. 19, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Online Gambling & Betting Market by Game Form (Poker, Casino, Sports Betting, Bingo, Lottery, Horse Racing Betting, and Others) and by Component (Hardware, Software, and Service): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024”. According to the report, the global online gambling & betting market accounted for USD 45.8 billion in 2017 and is expected to reach USD 94.4 billion globally by 2024, growing at a CAGR of around 10.9% between 2018 and 2024.
Online gambling & betting is a form of gambling that is played by means of computer, mobile, laptop, and tablet through the internet. Online gambling and betting games can be accessed at any time & place. The games include poker, blackjack, roulette, bingo, sports, & race betting.
Browse through 41 Tables & 24 Figures spread over 118 Pages and in-depth TOC on “Global Online Gambling and Betting Market Size & Statistics 2017: Industry Trends, Growth Forecast up to 2024”.
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The rise of cryptocurrencies in the past few years is projected to fuel the growth of online gambling & betting market. Cryptocurrencies have started to gain popularity due to benefits over other traditional funding methods. Gambling with cryptocurrencies does not require legalization as real money is not used. Bitcoin was the first cryptocurrency used for payments by various online gambling platforms. At the beginning of 2017, the total value of cryptocurrencies was about USD 17.7 billion and is projected to rise over the next 5 years. Thus, the usage of cryptocurrencies in online gambling is anticipated to rise during the estimated timeframe.
Adoption of Virtual Reality (VR) headsets in online gambling is projected to drive the online gambling & betting market. VR headsets provide a better experience for gambling and it is observed that online gambling sites are opting for this technology. As of now, there are games available in VR such as blackjack and roulette. The global AR/VR shipments in the second quarter of 2017 witnessed a growth of about 25% as that of the same period in 2016. Thus, usage of VR in online gambling is anticipated to propel the online gambling and betting market over the forecast period.
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The global online gambling & betting market is divided as per component into hardware, software, and service. Software segment is anticipated to dominate the online gambling & betting market during the projected timeframe. This share is due to the availability of various online payment options. Further, the online gambling & betting market is divided on the basis of game form into poker, casino, sports betting, bingo, lottery, horse race betting, and others. Poker segment is expected to hold a notable share during the forecast period.
North America is expected to grow at a significant rate in the global online gambling & betting market since it is the most technologically developed region. The U.S. is projected to be a major contributor in the region. The growth is projected due to the increasing usage of VR in the gaming sector. Online gambling is expected to hold a notable share in the U.S. gaming sector. In 2016, the gaming sector contributed to almost 50% in revenue generation of the U.S. media and entertainment industry. Due to the rising demand for VR in gambling applications, the growth of this sector is imminent. Since VR headsets are used in online gambling & betting, the market in this region will witness a substantial growth in the near future.
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Europe is anticipated to hold a considerable share in the global online gambling & betting market. The share is attributed to the legalization of online gambling and betting in various European countries. The UK was one of the first nations to legalize online gambling. In 2015, online gambling accounted for almost 33% of the overall gambling in the UK. The number is anticipated to rise owing to the increasing revenue of online gambling sites in the country. In 2017, the overall revenue generated by these sites was almost 10% more than that of 2016 in the UK. Further, legalization of online gambling in Italy, France, Spain, and Malta with proposals being made for the same in the Netherlands, Germany, and other European nations is expected to fuel online gambling & betting market in the region. Thus, European online gambling & betting market is anticipated to propel in the estimated timeframe.
The Asia Pacific is expected to notice a substantial growth in global online gambling & betting market over the estimated timeframe. Online gambling in China is permitted in Hong Kong. The Hong Kong Jockey Club offers online betting for sports, racing, and lottery. Currently, about 34% of the overall betting in Australia was through the internet as compared to 15.7% in 2012. The growth is due to the increase in betting by smartphones. As of now, about 22% of Australian bettors use smartphones for betting as compared to a mere 5.5% in 2012. Thus, it is anticipated that the Asia Pacific will witness significant growth in the online gambling & betting market.
Browse the full 'Online Gambling & Betting Market by Game Form (Poker, Casino, Sports Betting, Bingo, Lottery, Horse Racing Betting, and Others) and by Component (Hardware, Software, and Service): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024' report at https://www.zionmarketresearch.com/report/online-gambling-betting-market
Latin America will contribute substantially to the growth of global online gambling & betting market over the forecast timeframe. There is no central law in Argentina to govern gambling. Gambling is regulated by individual provinces. The African region is expected to have a significant share in the online gambling & betting market. Online sports betting in South Africa, Nigeria, and Ghana will contribute to the payment systems developed by the local firms.
Key players in the online gambling & betting market are report Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc, Paddy Power Betfair Plc, GVC Holdings Plc, Fortuna Entertainment Group, The Stars Group, The Betway Group, William Hill Plc, Kindred Group, Rank Group, Playtech, William Hill Plc, Hong Kong Jockey Club, and mybet Holding, among others.
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Global Gambling Industry Statistics Articles
The report segments the global online gambling & betting market as follows:
Global Online Gambling & Betting Market: Game Form Segment Analysis
- Poker
- Casino
- Sports Betting
- Bingo
- Lottery
- Horse Race Betting
- Others
Global Online Gambling & Betting Market: Component Segment Analysis
- Hardware
- Software
- Service
Global Online Gambling & Betting Market: Regional Segment Analysis
Global Gambling Industry Statistics Definition
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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