Online gambling market value growth worldwide 2009-2018

The growth of the global online gambling market was forecast to reach a rate of 10.5 percent over the previous year in 2018.

Online gambling market

Online gambling includes playing casino games, lotteries, poker and sports betting via the internet. Sports betting was only legalized in the United States by Supreme Court in 2018, enabling the companies in that industry to grow their sports betting sectors. Some of the online gambling firms that have profited from this change in legislation include top online gambling company Paddy Power Betfair and U.S. competitor International Game Technology, whose market value accounted for almost 5.5 billion U.S. dollars in 2017.

Online gambling industry continues to grow

In the era of digitization and the advancements of technology, higher proportions of gamblers now play online, which leads to a growing online gambling market around the world. The global online gambling market is anticipated to reach almost 95 billion U.S. dollars by 2024.

Market value growth of the online gambling market from 2009 to 2018

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Sources

Release date

April 2015

Region

Worldwide

Survey time period

2009 to 2013

Supplementary notes

* Projected figure

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