European Online Gambling Market Size

 

With the digital revolution in full swing and the ease of government regulations on gambling, the sports betting industry is undergoing dynamic transformations over the last few years and consequently surging in popularity around the word, the revenues of many world’s leading sports betting companies are also growing significantly year on year. Today, sports betting has become one of the fastest growing industries across the world, offering immense potential for both bettors and sportsbooks. Some of the popular games for sports betting include horse racing, greyhounding, cricket, football, baseball, basketball and golf.

  1. European Online Gambling Market Size Charts
  2. European Online Gambling Market Size Report Canada
  3. European Online Gambling Market Size Uk
  4. European Online Gambling Market Size Chart

In 2012, the size of the UK online gambling market was pegged at £2.28 billion – over £1 billion more than in 2008. Finally, mobile gambling has also been on the rise, especially in just the last few years. Online Gambling Market - Global Outlook and Forecast 2018-2023 $ 4000 September 2018 Gambling Market in the UK 2018-2022 $ 2500 May 2018 French Gaming Market (Lottery, VLT Machines, Sports Betting, $ 1250 October 2020.

For the latest online gambling market size, sports betting market forecast, and top sports betting companies in the world, please see our report Global Sports Betting Market 2018-2022, or download your FREE Global Sports Betting Market Report Sample now!

Global Sports Betting Market Analysis

Over the last few years, the world has opened immense opportunities for gamblers to take part in sports betting anywhere in the world through digital platforms, except in those nations where betting is banned. The global sports betting sector occupies the major market share in the overall online gambling industry accounting for more than 40 % of the worldwide gambling revenue generation. According to the Technavio’s market analysts, the sports betting market will grow at an impressive CAGR, with the global sports betting market revenue expected to reach nearly $370 billion by 2022.

European

Read more:How Is the Online Gambling Industry Making Room for the Next Unicorn Company?

Top 10 Sports Betting Companies in the Global Gambling Industry

888 Holdings

888 holdings is one of the most popular online gaming operators, which operates 888 sports, casino, poker, and bingo brands. Since its launch in 2008, 888 Sports has been successful in establishing a strong presence in the online sports betting market. The online betting site breaks away from the traditional bookies with exclusive customer deals, a range of new markets and an international appeal. Although the company exited US market long back owing to the strict government regulations, they have been keeping a close eye on regulatory developments in the US.

Today, 888 has already positioned itself in the market by partnering with the US-based companies. The potential for the sports betting sector in the US is significant and, as the only firm in all three regulated US states, 888 is all set to exploit the potential growth opportunities in the US market.

Read more:The Game is on! Here are the Top 15 Online Gaming Companies

GVC Holdings

GVC Holdings is one of the largest sports betting companies and gaming groups. With its unique proprietary technology platform, GVC offers casino, poker, bingo, and sports betting under some of the industry’s most popular online betting brands including partypoker, CasinoClub, Betboo, Bwin, Foxy Bingo, and Sportingbet. In a spell of acquisitions, GVC Holdings made a milestone €1.1 billion acquisition of online gaming brand bwin party in 2016 and acquired UK rival Ladbrokes Coral in March 2018.

Further, GVC Holdings also confirmed a $200 million joint venture deal with MGM Resorts recently that will see the former transfer its online sports betting know-how to the latter. This deal will soon lead to the launch of a wide range of sports betting sites in the US.

Kindred Group

The Stockholm-listed online gambling company, Kindred, continued their record-breaking financial performance in 2018, thanks to the all-time growth of their active customer-base and the 2018 FIFA world cup, that led to higher active users. Today, the company is regarded as one of the world’s leading online gambling brands within the sports betting arena. Kindred Group recently signed a 5+5-year agreement with Casino Atlantic City and Hard Rock Hotel in New Jersey. This move is Kindred’s first step into US gaming, with a view to offering online sports betting services to US customers.

Kindred’s major revenue comes from casino games and online sports betting. With these two segments which generated respective revenue of £104 million and £104.9 million during Q2, Kindred continues to witness significant online organic growth.

Read more : Why Sports Betting Accounts for the Largest Share of the Gambling Market

Paddy Power Betfair

European Online Gambling Market Size Charts

Paddy Power Betfair was born following the merger of Paddy Power plc and Betfair Group in February 2016. Today, the business has four divisions: Online Australia, Irish Retail, UK Retail, and Telephone segments. The company’s Online Australia segment provides sports betting services and is the market leader in the Australian gambling industry. Its UK and Irish Retail segment operate 623 betting shops across Ireland and UK. It has a presence in Australia, United Kingdom, Ireland and across the world.

European Online Gambling Market Size Report Canada

Paddy Power Betfair provides gaming and sports betting services through websites including betfair.com, paddypower.com, tvg.com, sportsbet.com.au, and us.betfair.com under the Betfair, Sportsbet, Paddy Power, and TVG brand names, and through a chain of licensed betting offices.

William Hill

Since 2012, when the UK-listed bookmaker merged three businesses to establish William Hill US, the company has grown consistently to achieve the market share of around 30 %, making it one of the largest sports betting companies in the UK and the US. William Hill is one of the early movers to reap the benefits from the legalization of sports betting in the US after the Supreme Court’s decision in May to strike out a federal ban passed in 1992. William Hill US is already the leading sports betting company in the US, operating more than 108 race and sports books in Nevada along with the state’s top mobile sports betting app.

The sports wagering giant signed sports betting agreements with a number of casinos in the US last month and is in talks with more operators. The company is ramping up hiring in Nevada for growing its US business. The company announced that it will offer mobile betting technology and sports betting risk management services to 11 casinos in Mississippi and West Virginia.

Market

Download related report sample for free:Global Mobile Gambling Market 2017-2021

Bet365

Having added a vast range of betting options and products to their core over the past several years, Bet365 has grown to be one of the largest firms in the sports betting industry. Bet365 was one of the first sports betting company to start offering eSports to bet on. This British online gambling and sports betting company serves more than 23 million customers across the world by offering poker, casino, games, bingo, and sports betting, along with video streams on sporting events. The company recently inked a partnership with another sports betting company – Hard Rock Atlantic City casino to offer sports betting service

European Online Gambling Market Size

Stars Group

The ultimate owner of the most popular gaming brands such as PokerStars, BetStars, PokerStars Casino, and Full Tilt, Star Groups (formerly known as Amaya Gaming) recently announced that it has successfully acquired the Sky Betting and Gaming (SBG). This deal will turn the online poker giant into the largest sports-betting company in the world. Stars Group is one of the most licensed online gaming operators with its subsidiaries holding approvals and licenses in 19 jurisdictions across the world, including the Americas, Australia, and Europe. Star Group brands have millions of customers globally and are leaders in mobile and online betting, casino, poker, and other gaming-related offerings.

Download related report sample for free: Global Online Gambling Market 2018-2022

European online gambling market size chart

Draft Kings

DraftKings is one of the most popular daily fantasy sports content providers that allows users to enter fantasy sports-related contests based on team and individual player performance in five largest American sports (the NBA, MLB, the PGA, the NFL, and the NHL), NASCAR auto racing, Premier League and UEFA Champions League soccer, the Arena Football League, Canadian Football League, Mixed Martial Arts (MMA) and Tennis. After the US Supreme Court cleared the way to legalize sports betting, DraftKings got to work immediately, as sports gambling will account for a major share of their business.

Betsson

Betsson is an award-winning sports betting website that has been around since 2006 and literally grew into a gambling empire. The company provides users from all over the world an option to play poker, casino, bingo games and place their bets on various sports events. Betsson is based in Malta and holds a betting license from the gambling commission in the same country as well as one from the United Kingdom as well. Today, its sports betting option is offered on various markets and more and more consumers choose it as a significant option for sports betting.

BetAmerica

BetAmerica made its name in online gambling industry through horse racing, which then branched out into fantasy sports with the launch of FanEx Sports. Today, BetAmerica.com is considered as one of the most legal and secure sports betting companies based in the US. With a wide range of fantasy leagues for MLB, NFL and NBA and more than 200 racing tracks to choose from, BetAmerica is all set to grab the major share in the sports betting industry.

To find out other major sports betting companies in North America, Europe and Asia, download your FREE Global Sports Betting Market Report Samplenow!

Global Sports Betting Market Trends

Online betting was brought into the sports industry in the late 1990s and has been growing significantly since then. With the emergence and high penetration of the digital platform, punters have the flexibility in placing bets on sports from any part of the world. Indeed, the digital revolution has given sportsbooks a platform to connect with new customers. Online gambling is one of the fastest growing sectors in the e-commerce industry and is a rapidly growing mode of gambling. The use of digital processes and the growing punter demand will propel the growth of the online gambling industry, while the major sports betting companies in the world are also expected to achieve higher revenues in the near future.

For more market intelligence in the global sports betting market, please check this following report:

We all know that lots of people have an interest in gambling. But do you have any idea just how many people gamble? The numbers are simply incredible, and they've only grown in the last two decades as online gambling has become more and more popular. Here's a look at some of the numbers that help give us an idea of the scope of the modern gambling world.

The Big Picture

Trying to figure out exactly how many people around the world gamble is an inexact science. It's hard enough to be absolutely certain about the numbers in any one nation, so trying to cobble together a worldwide picture comes with a lot of potential error.

Still, there are numbers out there. For instance, a group of researchers from Washington University at St. Louis did a study on gambling rates and problem gambling in 2005. Their best estimate came to a total of 1.6 billion people gambling at some point during a given year, with over 4.2 billion having gambled at some point in their lives. With the increasing reach of online gambling, those numbers have probably only grown larger in recent years.

Some Key Online Gambling Statistics

European Online Gambling Market Size Uk

  • The global market for online gambling reached around US$45.8 billion in 2017
  • In The UK, total gross gambling yielr 2017-18 was estimated at £14.5 billion
  • In 2017, the Canadian gambling industry was estimated to be $17.3 billion and is hotly tipped to keep growing
  • The worldwide online gambling market is forecast to double in coming years

Gambling by Country

Not all countries are equally enamored by gambling, though. Some nations have heavily restricted – or even banned – gambling, while others see placing bets as a major part of their way of life. So just which countries have the highest rates of gambling?

While there are different ways of measuring this, it's hard to pick a nation that's more into gambling than Australia. According to many studies, the average Australian spends more money on gambling than in any other nation – over $1,200 per adult each year. That's not that surprising when you consider that over 80% of Australian adults are said to be gamblers, which is also the highest rate in the world.

What's all the more amazing is how far ahead Australia is when compared to most of the world. A 2010 study showed that Singapore (which has two very new and successful casinos) was close behind Australia. But no other nation spends half as much per adult on gambling, with nations like Ireland, Canada and Italy all spending under $600 per adult per year on betting.

That's not to say that those in other countries aren't serious about gambling as well. In the UK, studies show that nearly 75% of adults gamble from time to time, and 85% of American adults are said to have gambled at least once in their lifetime – with 80% of them having done so in the last year.

Some More Statistics About Online Gambling

Online gambling is relatively new, and regulations vary tremendously from jurisdiction to jurisdiction, as does reporting. This means that finding reliable statistics for online gambling can be very difficult, though data reporting is becoming better every year.

A 2013 survey by SuperData Research found lot of information about just who gambles online, and how much gambling they do. One surprising finding that goes against most gambling stereotypes is that 57% of online gamblers in the United States are female, though this includes social casino gambling that may not be for real money. Less surprising is that online gamblers tend to be young, with well over 40% ranging in age from 21-34.

Other nations have taken steps to measure the size and growth of online gambling as well. In the UK, a survey taken in 2010 and early 2011 found that over 11% of the British public had taken part in 'remote gambling' over any given four week period – more than the number who were gambling in an entire year just a few years earlier. In 2012, the size of the UK online gambling market was pegged at £2.28 billion – over £1 billion more than in 2008.

Finally, mobile gambling has also been on the rise, especially in just the last few years. In 2012, numbers from the UK showed that mobile gambling was up 75% year-over-year, and that it now accounted for over 25% of all gambling related searches. It's no surprise that many industry experts believe that in the near future, mobile devices may be the primary source of online gambling worldwide.

Gambling Statistics - Your Questions Answered

How Many People Gamble in The US?

European Online Gambling Market Size Chart

A Gallup Poll back in 2007 showed that 24% had visited a casino, 2% gambled online, and 46% had bought a lottery ticket. More recently, in 2016, another Gallup Poll showed 64% of Americans had gambled in the last year, with a still small 3% saying they'd gambled online.

How Many People Gamble In The UK?

A Gambling Commission Report shoed that 48% of responders had gambled in the previous four weeks, with 17% of those doing so online.

What Percentage Of People Gamble?

An estimated 26% of the world's population gamble in any given year, but this is a very approximate statistic as it would be impossible to accurately measure.