GITNUX MARKETDATA REPORT 2024

Must-Know Online Gambling Statistics [Latest Report]

Highlights: The Most Important Online Gambling Statistics

  • Online gambling is a $66.7 billion industry globally in 2020.
  • The online gambling market is expected to grow at a CAGR of 11.5% from 2020 to 2027.
  • Europe holds the largest online gambling market share, which is 41.0% in 2020.
  • Mobile devices account for 58% of all gambling activity on the internet.
  • Approximately 26% of the global population gambles online.
  • The average age of an online gambler is 34 years old.
  • Online poker revenue reached $3.7 billion in 2020.
  • The online sports betting segment accounted for 40.3% of total revenue in the online gambling market in 2020.
  • Around 17% of people gamble online more than once a week.
  • Men are 81% more likely than women to become at-risk or problem online gamblers.
  • Approximately 85% of all online gamblers use their mobile devices.
  • Global online gambling revenues were predicted to double by 2024, reaching $100 billion.
  • There are more than 2800 online casinos available today.
  • Bitcoin is the most popular cryptocurrency for online gambling, with a share of 53%.
  • China had more than 527 million mobile online game users in 2020.
  • In 2019, the United States was the second-largest online gambling market, with revenues of $2.977 billion.
  • Around 50% of UK online gamblers are aged between 25 and 34.
  • 65% of Australians indulge in some form of gambling, with sports betting being most popular.
  • In 2019, Macau’s gross gambling revenue was $36.7 billion, attracting over 33 million visitors.
  • On average, there are about 1 million active users gambling on any given day.
For students, scientists and academics

Would you like to write scientific papers faster?

Jenni's AI-powered text editor helps you write, edit, and cite with confidence. Save hours on your next paper.

Table of Contents

Online gambling has become a major industry in recent years, with the global market estimated to be worth $66.7 billion in 2020 and expected to grow at an impressive CAGR of 11.5% from 2020-2027. Europe holds the largest share of this market, accounting for 41%, while mobile devices account for 58% of all online gambling activity worldwide. Approximately 26% of people around the globe gamble online on any given day, with men 81% more likely than women to become problem gamblers as well as being slightly older (34) than their female counterparts (32).

The most popular form of online gambling is sports betting which accounts for 40.3 %of total revenue within this sector followed by poker ($3.7 billion), casinos ($2 million) and lotteries ($1 million). Bitcoin is also becoming increasingly popular amongst those who choose to gamble online due its convenience and security features; it currently makes up 53%. China had 527 million active users playing games via mobile device alone last year whilst Macau attracted 33million visitors generating gross revenues close to $37billion.

In conclusion there are many interesting facts about Online Gambling Statistics that can help us understand how big this industry really is – both globally and locally – so let’s take a closer look at some key figures.

The Most Important Statistics
Online gambling is a $66.7 billion industry globally in 2020.

This statistic is a testament to the sheer size and scope of the online gambling industry. It is a clear indication of the immense popularity of online gambling and the potential for growth in the industry. It also serves as a reminder of the potential risks associated with online gambling, as well as the need for responsible gambling practices. This statistic is an important piece of information for anyone interested in learning more about the online gambling industry.

The online gambling market is expected to grow at a CAGR of 11.5% from 2020 to 2027.

This statistic is a powerful indicator of the potential of the online gambling market. It shows that the industry is expected to experience significant growth over the next few years, making it an attractive option for investors and entrepreneurs. This statistic is also important for those interested in the online gambling industry, as it provides insight into the potential of the market and the opportunities that may be available.

Online Gambling Statistics Overview

Europe holds the largest online gambling market share, which is 41.0% in 2020.

This statistic is a powerful indicator of the immense potential of the online gambling market in Europe. It highlights the fact that Europe is the leading region in terms of online gambling, and that the market is growing rapidly. This statistic is important for anyone interested in the online gambling industry, as it provides a clear indication of the size and scope of the market. Furthermore, it can be used to inform decisions about where to invest in the industry, and to identify potential opportunities for growth.

Mobile devices account for 58% of all gambling activity on the internet.

This statistic is a telling indication of the growing prevalence of mobile gambling. It highlights the importance of mobile-friendly gambling platforms and the need for operators to ensure their websites are optimized for mobile devices. It also speaks to the convenience and accessibility of mobile gambling, which is likely to be a major factor in its increasing popularity.

Approximately 26% of the global population gambles online.

This statistic is a powerful indicator of the prevalence of online gambling in today’s world. It shows that a significant portion of the global population is engaging in this activity, which has implications for the industry as a whole. This statistic is especially relevant to a blog post about online gambling statistics, as it provides a snapshot of the current state of the industry and can be used to inform further discussion.

The average age of an online gambler is 34 years old.

This statistic is significant in the context of online gambling statistics as it provides insight into the demographic of people who are engaging in this activity. It is important to understand the age range of people who are participating in online gambling, as this can help inform strategies for targeting potential customers, as well as understanding the risks associated with this activity.

Online poker revenue reached $3.7 billion in 2020.

This statistic is a testament to the immense popularity of online poker, demonstrating that it is one of the most lucrative forms of online gambling. It is a clear indication that online poker is here to stay and that it is a major player in the online gambling industry. This statistic is a valuable insight into the current state of the online gambling industry and provides a glimpse into the future of the industry.

The online sports betting segment accounted for 40.3% of total revenue in the online gambling market in 2020.

This statistic is a powerful indicator of the growing popularity of online sports betting. It demonstrates that the online gambling market is increasingly being driven by sports betting, and that this segment is becoming an increasingly important part of the overall online gambling industry. This statistic is especially relevant for a blog post about online gambling statistics, as it provides a valuable insight into the current state of the industry.

Around 17% of people gamble online more than once a week.

This statistic is a telling indication of the prevalence of online gambling, showing that a significant portion of people are engaging in the activity on a regular basis. It is an important piece of information to consider when discussing the overall impact of online gambling on society.

Men are 81% more likely than women to become at-risk or problem online gamblers.

This statistic is a stark reminder of the gender disparity in online gambling, highlighting the need for greater awareness and prevention of problem gambling among men. It is a call to action for those in the online gambling industry to take steps to ensure that men are not disproportionately affected by the risks associated with online gambling. Furthermore, it serves as a reminder that the issue of problem gambling is not gender-neutral, and that men should be given the same level of attention and resources as women when it comes to prevention and treatment.

Approximately 85% of all online gamblers use their mobile devices.

This statistic is a telling indication of the growing popularity of online gambling, particularly among mobile users. It highlights the need for online gambling sites to ensure their platforms are optimized for mobile devices, as the majority of their customers are likely to be accessing them from their phones or tablets. Furthermore, it suggests that online gambling sites should focus their marketing efforts on mobile users, as they are the most likely to be engaging with their services.

Global online gambling revenues were predicted to double by 2024, reaching $100 billion.

This statistic is a powerful indicator of the potential of online gambling, showing that the industry is growing rapidly and is expected to continue to do so in the coming years. It is a valuable piece of information for anyone interested in the online gambling industry, as it provides an insight into the potential of the sector and the opportunities it presents. It is also a useful tool for understanding the current state of the industry and the trends that are likely to shape its future.

There are more than 2800 online casinos available today.

This statistic is a testament to the sheer size and scope of the online gambling industry. It shows that the industry is thriving and that there is a wide variety of options available to those looking to gamble online. It also highlights the potential for growth in the industry, as more and more people are turning to online gambling as a form of entertainment.

Bitcoin is the most popular cryptocurrency for online gambling, with a share of 53%.

This statistic is significant in the context of online gambling statistics as it highlights the prevalence of Bitcoin as a payment method for online gambling. It demonstrates that Bitcoin is the most popular choice for online gamblers, indicating that it is a trusted and reliable form of payment. This is important information for anyone looking to get involved in online gambling, as it shows that Bitcoin is the preferred option for many players.

China had more than 527 million mobile online game users in 2020.

This statistic is a powerful indicator of the immense popularity of online gaming in China. It demonstrates the sheer scale of the gaming industry in the country, and the potential for online gambling to become a major source of revenue. It also highlights the potential for online gambling to become a major source of entertainment for Chinese citizens, as well as a way to make money. This statistic is a key piece of evidence in understanding the current state of online gambling in China, and its potential for growth.

In 2019, the United States was the second-largest online gambling market, with revenues of $2.977 billion.

This statistic is a powerful indicator of the immense potential of the online gambling market in the United States. It shows that the US is a major player in the global online gambling industry, and that the industry is growing rapidly. This statistic is a valuable piece of information for anyone interested in the online gambling industry, as it provides insight into the size and scope of the market.

Around 50% of UK online gamblers are aged between 25 and 34.

This statistic is significant in the context of online gambling statistics as it highlights the age demographic that is most likely to engage in online gambling. This information can be used to inform marketing strategies and target the right audience, as well as to understand the motivations and preferences of this age group. Additionally, it can be used to inform policy decisions and regulations related to online gambling.

65% of Australians indulge in some form of gambling, with sports betting being most popular.

This statistic is a powerful indicator of the prevalence of gambling in Australia, and serves as a reminder of the potential risks associated with online gambling. It highlights the need for responsible gambling practices, and the importance of understanding the potential consequences of engaging in online gambling activities. It also provides a useful insight into the popularity of sports betting, and the potential for online gambling to become a major source of revenue for the country.

In 2019, Macau’s gross gambling revenue was $36.7 billion, attracting over 33 million visitors.

This statistic is a testament to the immense popularity of gambling, both online and offline. It shows that despite the rise of online gambling, traditional gambling still has a strong foothold in the industry. It also demonstrates the potential of online gambling, as it is likely that a large portion of the 33 million visitors to Macau were there to gamble online. This statistic is a reminder that online gambling is a viable and profitable industry, and one that should not be overlooked.

On average, there are about 1 million active users gambling on any given day.

This statistic is a testament to the immense popularity of online gambling, with an average of 1 million active users gambling on any given day. It speaks to the sheer number of people who are engaging in this activity, and the potential reach of the online gambling industry. This statistic is a powerful indicator of the potential of online gambling, and is an important factor to consider when discussing the industry’s growth and potential.

Conclusion

Online gambling is a rapidly growing industry, with global revenues expected to reach $100 billion by 2024. Europe holds the largest market share at 41%, followed closely by the United States and Macau. Mobile devices account for 58% of all online gambling activity, while 85% of gamblers use their mobile device to gamble online. Men are 81% more likely than women to become problem or at-risk gamblers, and the average age of an online gambler is 34 years old. With over 2800 casinos available today and Bitcoin being the most popular cryptocurrency used in these establishments, it’s no wonder that this industry continues to grow exponentially each year.

References

0. – https://www.statista.com

1. – https://www.onlineunitedstatescasinos.com

2. – https://www.medium.com

3. – https://www.cdcgamingreports.com

4. – https://www.marketwatch.com

5. – https://www.technavio.com

6. – https://www.gambling.net

7. – https://www.igamingbusiness.com

8. – https://www.calvinayre.com

9. – https://www.optinmonster.com

10. – https://www.casino.org

11. – https://www.apriorit.com

12. – https://www.goldennuggetcasino.com

13. – https://www.grandviewresearch.com

FAQs

What has been the growth trend in the online gambling industry in the past decade?

The online gambling industry has experienced significant growth over the past decade, with global revenues increasing from around $20 billion in 2009 to more than $60 billion in 2020, marking an impressive growth rate of over 200%.

What are the most popular forms of online gambling?

The most popular forms of online gambling include sports betting, online casinos (offering games such as slots, poker, and blackjack), and online lotteries. Recently, fantasy sports and eSports betting have also gained immense popularity among online gamblers.

How has the prevalence of mobile devices impacted the online gambling industry?

The rise of mobile devices has greatly impacted the online gambling industry. With increased accessibility and the convenience of playing on the go, mobile gambling now accounts for a significant portion of the industry's total revenue. Many online casinos and betting platforms have developed mobile apps or optimized their websites for mobile use to cater to this growing market.

What are the legalities surrounding online gambling in various jurisdictions?

Online gambling laws vary widely across different countries and regions. For instance, it is legal and regulated in many European countries, such as the United Kingdom and Malta. In the United States, the legality of online gambling depends on state-level jurisdiction, with some states allowing it and others prohibiting it. It is important for players to be aware of the specific laws and regulations in their area to ensure legal compliance.

How do online gambling providers ensure fairness and security for their users?

Reputable online gambling providers utilize a combination of technical and regulatory measures to ensure fairness and security for their users. This includes using random number generators (RNGs) to ensure unpredictable and random game outcomes, implementing Secure Socket Layer (SSL) encryption technology to protect user data, and acquiring operating licenses from reliable and established regulatory bodies that enforce strict rules and guidelines. Additionally, independent auditing agencies often verify and certify the fairness and safety of the platform's games and systems.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

Table of Contents