Global Online Gambling and Betting Market Size, Share 2025-2034

Online Gambling and Betting Market: Overview

Online Gambling and Betting Market Size, Trends and Insights By Type (Poker, Casino, Bingo, Sports Betting, Lottery, Others), By Price Point (Desktop, Mobile, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 - 2034

According to Custom Market Insights (CMI), The Online Gambling and Betting Market  size was estimated at USD 88.44 Billion in 2025 and is expected to hit around USD 245.45 Billion by 2034, poised to grow at a compound annual growth rate (CAGR) of 12.01% from 2025 to 2034.

Digital transformation and responsible gaming efforts are driving the Online Gambling and Betting Market to become increasingly transparent, more automated and more sustainable. The world operators are streamlining their systems using AI-led personalization, blockchain-based payment systems, and data-driven compliance systems to comply with international regulatory and ethical standards in gaming. In addition, to provide reliability, scalability and operational efficiency, companies are incorporating machine learning in detecting fraud, predictive analytics to track player behavior and cloud-based gaming infrastructure.

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Online Gambling and Betting Market: Growth Drivers

• Increased Internet and Smartphone Access: Online gambling and betting is made more accessible due to the wide use of high-speed internet and the rise in the use of Smartphones. The mobile platforms and applications will make it more engaging and will allow the betters to do it anytime and anywhere, thus reaching more users globally.

• Enhanced Diversification of Esports and Fantasy Sports: The emergence of better esports tournaments, fantasy leagues and interactive gambling has offered new opportunities of online betting. Gamers and fans are betting in real time, which intensifies the need to use a specialized platform, which provides live updates, analytics and personalized betting experiences.

• Digital Payments and Tech: AI-based personalization, real-time analytics, and secure blockchain transactions, and a variety of digital payment options would improve customer experience, trust, and convenience. The use of advanced fraud detection, predictive modeling and responsible gaming tools enhance the reliability of a platform thus attracting more users and spurring market growth.

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Online Gambling and Betting Market: Regional Analysis

• North America: The Online Gambling and Betting market in North America is highly developed and sophisticated, with the reason being highly legalized, high internet penetration and high consumer spending on online entertainment. America is the leader in terms of a strong regulatory system that facilitates online casinos, sport betting, and poker. The legalization and cross-border digital gaming platforms at provincial levels are growing exponentially in Canada. The orientation of the region towards transparency, protection of players, and regulation is being developed under the influence of advanced AI and blockchain security, as well as the responsible gaming frameworks.

US: U.S. has the North American market control as the sports betting and online casino business are legalized in various states. Introducing high-tech payment gateways, blockchain transactions that are secure, and AI used to detect fraud increases the safety of players. Increasing partnerships between media firms and gaming operators fuel in-game betting.

Canada: The expansion of the Canadian market is supported by the increasing legalization of the market across the provinces, as well as the increasing confidence in the controlled gaming platforms. There is more mobile use and digital payment features that promote accessibility. The concern of consumer protection and responsible gambling that the country practices provides a stable atmosphere to both local and foreign operators.

• Europe: Europe is among the oldest and controlled markets of Online Gambling and Betting in the world. Good regulation by regional agencies, including the UK Gambling Commission and the Malta Gaming Authority, will make sure that the players are safe, fairly treated, and their information is not violated. The adoption of live betting and mobile betting services and the technological advancements in the field such as AI-driven personalization remain a source of revenue increase in the region.

Germany: The online betting market in Germany is performing well with the new Interstate Treaty on Gambling, which is a united country that allows the licensed online casinos and sports betting. High player data security, transparency in advertising, and limits on deposits characterize the changing regulatory environment, which draws large European operators.

UK: UK is a world leader in online betting with well developed infrastructure, trust in regulation and high sports culture. The innovative technology and mobile integration promote growth in live and in-play betting, virtual gaming, and eSports wagering.

France: The online gambling market in France is growing gradually, owing to the growing legalization of sports betting and poker. The regulatory authority of the state ARJEL is a strong consumer protection and responsible gambling policy, and digital marketing, as well as sports sponsorships, are still increasing participation.

• Asia-Pacific: Asia-Pacific is an emerging power in Online Gambling and Betting, with the expansion rates being rapid due to urbanization, the use of smartphones, and increasing disposable incomes. Although regulation is still in its various phases, nations like the Philippines, India and Australia have witnessed an increase in domestic and offshore platform activity. The expansion of eSports betting, virtual games and mobile-first solutions is driving digital interactivity in the emerging economies at a high rate.

China: Though regulations in China are very strict concerning gambling, it experiences an increasing offshore betting and increased demand of online lotteries and fantasy sports. Digital development of the market is indirectly supported by the large amount of internet users in the country and the use of mobile payment systems.

India: The Indian market is growing quickly based on the popularity of online poker, fantasy sport and mobile games. The emergence of cheap smartphones, high-speed internet, and positive regulations at the state level allow both local startups and foreign players to access a young and technology-driven audience.

Japan: The market development of Japan is supported by the governmentally supported reforms and acceptance of skill-based games and sports betting. High consumer trust, combined with elevated levels of digital literacy, underlies the emergence of regulated environments, which provide safe, immersive experiences.

• LAMEA: LAMEA region (Latin America, Middle East and Africa) is also a promising online gambling market, as a result of regulation liberalization, increased internet penetration, and the rise in sports culture. Besides infrastructure and regulatory challenges, other countries such as Brazil, South Africa, and the UAE are fast adopting the use of digital gaming platforms and sports betting.

Brazil: Brazil: One of the developing gambling markets in Latin America and is being propelled by the legalization of sports betting and the rising middle-class desire to consume online entertainment. The local companies and international betting companies are forming partnerships that are turning Brazil into a gambling center in the region.

Saudi Arabia: There is limited traditional gambling (although), but the Vision 2030 project of the Kingdom encourages entertainment and online innovation. The emergence of fantasy sports, competitive gaming, and online tournaments exhibit a transformation to moderated digital betting experiences within the cultural domain.

Online Gambling and Betting Market: Recent Developments

• In 2024: Betsson AB acquired Holland Gaming Technology Ltd. for Euro 27.5 million. This acquisition enhances Betssons presence in the European online gambling industry, particularly in the Netherlands, where online betting is expanding due to recent regulatory changes. The deal includes Holland Gamings proprietary gaming platform and user base, allowing Betsson to integrate advanced technology and broaden its offerings in the Dutch market. This move is part of Betssons broader strategy to scale its operations across Europe and improve user engagement.

Key Players:

• Bet365
• DraftKings Inc.
• 888 Holdings PLC
• Flutter Entertainment PLC
• MGM Resorts International
• Entain PLC (formerly GVC Holdings)
• William Hill
• PokerStars (The Stars Group)
• Kindred Group (Unibet)
• Betsson AB
• Caesars Entertainment Inc.
• LeoVegas AB
• Scientific Games Corporation
• Evolution Gaming
• Playtech PLC
• Golden Nugget Online Gaming
• PointsBet
• Betfair (Part of Flutter Entertainment)
• Rush Street Interactive
• Betway Group
• Others

Press Release: https://www.custommarketinsights.com/press-releases/global-online-gambling-betting-market/ 

The Online Gambling and Betting Market is segmented as follows:

By Type

• Poker
• Casino
• Bingo
• Sports Betting
• Lottery
• Others

By Price Point

• Desktop
• Mobile
• Others

On the basis of Geography

North America

• The US
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• New Zealand
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America

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