Global gambling revenue climbed 2.4% in 2023, reaching $529.3B—while online’s share grew to 12.4%. The page maps how those shifts play out across iGaming, sports betting, and changing US availability (including more active states in 2024). It also covers real-world impacts for bettors and regulators, from tax/withholding rules to data-security and problem-gambling considerations.
Key Takeaways
- 2.4% increase in global gambling revenue in 2023 versus 2022, reaching $529.3 billion
- In 2023, global gambling revenue reached $529.3 billion
- In 2024, global gambling revenue is forecast at $570.0 billion
- Sports betting accounts for 20.4% of total US gambling revenue in 2023 (betting/wagering share)
- US sports betting active states increased to 30 in 2024
- Global online gambling share of total gambling revenue increased to 12.4% in 2023
- In 2023, the US online sports betting handle per active account exceeded $1,600
- In 2023, US federal tax on winnings (withheld) commonly applies to amounts over $5,000 in certain structures (IRS withholding guidance)
- US backup withholding rate is 24% on reportable payments where required (IRS)
- In 2023, mean cost of a data breach in the global benchmark was $4.45 million (IBM Cost of a Data Breach report)
- In 2023, the US had 38.9 million people who watched sports betting-related content (est. from market research)
- In 2023, 1.2% of Australian adults were estimated to be at moderate risk of problem gambling (survey-based)
- In 2023, 0.3% of Australian adults were estimated to have high risk of problem gambling (survey-based)
Global gambling revenue rose to $529.3 billion in 2023, and online growth is accelerating toward $570.0 billion in 2024.
Related reading
01 · Category
Market Size22 stats
01
2.4% increase in global gambling revenue in 2023 versus 2022, reaching $529.3 billionhttps://www.statista.com/statistics/220501/global-gambling-gross-gaming-revenue/
02
In 2023, global gambling revenue reached $529.3 billionhttps://www.statista.com/statistics/220501/global-gambling-gross-gaming-revenue/
03
In 2024, global gambling revenue is forecast at $570.0 billionhttps://www.statista.com/statistics/220501/global-gambling-gross-gaming-revenue/
04
$70.0 billion global iGaming market size in 2023 (revenue)https://www.grandviewresearch.com/industry-analysis/online-gambling-market
05
$90.2 billion global iGaming market size in 2030 (forecast revenue)https://www.grandviewresearch.com/industry-analysis/online-gambling-market
06
$94.3 billion global online gambling market size in 2023 (revenue)https://www.imarcgroup.com/online-gambling-market
07
$137.5 billion global online gambling market size forecast in 2032https://www.imarcgroup.com/online-gambling-market
08
$25.3 billion US online gambling market revenue in 2023https://www.statista.com/statistics/1298603/us-online-gambling-market-revenue/
09
$40.1 billion US online gambling market revenue forecast in 2029https://www.statista.com/statistics/1298603/us-online-gambling-market-revenue/
10
$17.2 billion online gambling market revenue in the UK in 2023https://www.statista.com/statistics/874360/online-gambling-market-value-united-kingdom-uk/
11
$29.4 billion online gambling market revenue in the UK forecast for 2030https://www.statista.com/statistics/874360/online-gambling-market-value-united-kingdom-uk/
12
$7.6 billion online gambling market revenue in Germany in 2023https://www.statista.com/statistics/874372/online-gambling-market-value-germany/
13
$14.2 billion online gambling market revenue in Germany forecast for 2030https://www.statista.com/statistics/874372/online-gambling-market-value-germany/
14
$2.6 billion iGaming market in Sweden in 2023 (revenue)https://www.statista.com/statistics/874389/online-gambling-market-value-sweden/
15
$6.2 billion iGaming market in Sweden forecast for 2030 (revenue)https://www.statista.com/statistics/874389/online-gambling-market-value-sweden/
16
2023 gross gambling revenue in the UK was £15.2 billionhttps://www.statista.com/statistics/1334023/uk-gross-gambling-revenue/
17
Spain’s gambling market revenue was €3.5 billion in 2023https://www.annualreports.com/Company/privately-held/espana-juegos-y-apuestas-s-a-u
18
Japan’s pachinko and pachislot market revenue was ¥29.4 trillion in 2023https://www.japantimes.co.jp/news/2024/01/06/business/pachinko-market-revenue-2023/
19
$4.7 billion global lottery market size in 2023 (revenue)https://www.grandviewresearch.com/industry-analysis/lottery-market
20
$7.5 billion global lottery market size forecast for 2030https://www.grandviewresearch.com/industry-analysis/lottery-market
21
$7.6 billion global fantasy sports market revenue in 2023https://www.grandviewresearch.com/industry-analysis/fantasy-sports-market
22
$14.8 billion global fantasy sports market forecast for 2030https://www.grandviewresearch.com/industry-analysis/fantasy-sports-market
Interpretation
Market Size Interpretation
Global gambling market size grew from $529.3 billion in 2023 to a forecasted $570.0 billion in 2024, signaling continued expansion at the overall market level alongside fast-rising iGaming revenues such as $70.0 billion in 2023.
02 · Category
Industry Trends15 stats
01
Sports betting accounts for 20.4% of total US gambling revenue in 2023 (betting/wagering share)https://www.statista.com/statistics/241539/share-of-us-gambling-revenue-by-segment/
02
US sports betting active states increased to 30 in 2024https://www.actionnetwork.com/news/sports-betting-legal-status-by-state-map
03
Global online gambling share of total gambling revenue increased to 12.4% in 2023https://www.statista.com/statistics/220512/online-gambling-revenue-worldwide/
04
Global online gambling revenue grew at a 4.7% CAGR between 2018 and 2023https://www.statista.com/statistics/220512/online-gambling-revenue-worldwide/
05
In 2023, iGaming dominated online gambling with a revenue share of 54% (iGaming vs sports betting online mix)https://www.statista.com/statistics/220507/online-gambling-segment-share-worldwide/
06
In 2023, online slots accounted for 31% of iGaming revenuehttps://www.statista.com/statistics/235939/online-casino-revenue-by-game-type-worldwide/
07
In 2023, online poker accounted for 6% of iGaming revenuehttps://www.statista.com/statistics/235939/online-casino-revenue-by-game-type-worldwide/
08
In 2023, US operators reported a 9% increase in the use of self-exclusion toolshttps://www.gamingtoday.com/industry-news/self-exclusion-us-rise-2023/
09
In 2023, the global betting exchange (B2C) market accounted for about $8.1 billion in revenuehttps://www.grandviewresearch.com/industry-analysis/betting-exchange-market
10
Betting exchanges are forecast to reach $12.4 billion by 2030https://www.grandviewresearch.com/industry-analysis/betting-exchange-market
11
In 2023, average ticket size for US online sports betting was about $29https://www.sbcamericas.com/sports-betting-record-average-bet/
12
In 2023, the UK online sports betting revenue was £2.7 billionhttps://www.statista.com/statistics/1334491/uk-online-sports-betting-revenue/
13
In 2023, the UK retail betting revenue was £4.4 billionhttps://www.statista.com/statistics/1334457/uk-retail-betting-revenue/
14
In 2023, Germany online sports betting revenue was €1.8 billionhttps://www.statista.com/statistics/1334505/germany-online-sports-betting-revenue/
15
In 2023, France online sports betting revenue was €2.0 billionhttps://www.statista.com/statistics/1334507/france-online-sports-betting-revenue/
Interpretation
Industry Trends Interpretation
In 2023, the Industry Trends picture shows that sports betting remained a major share at 20.4% of US gambling revenue while global online gambling continued its rise with 12.4% of total revenue and 4.7% CAGR from 2018 to 2023, with iGaming driving the online market at 54% and online slots making up 31% of iGaming revenue.
03 · Category
Performance Metrics1 stats
01
In 2023, the US online sports betting handle per active account exceeded $1,600https://www.actionnetwork.com/news/handle-per-account-2023/
Interpretation
Performance Metrics Interpretation
In 2023, US online sports betting handle per active account topped $1,600, signaling strong performance under the Performance Metrics lens.
More related reading
04 · Category
Cost Analysis10 stats
01
In 2023, US federal tax on winnings (withheld) commonly applies to amounts over $5,000in certain structures (IRS withholding guidance)https://www.irs.gov/publications/p505
02
US backup withholding rate is 24% on reportable payments where required (IRS)https://www.irs.gov/businesses/small-businesses-self-employed/backup-withholding
03
In 2023, mean cost of a data breach in the global benchmark was $4.45 million (IBM Cost of a Data Breach report)https://www.ibm.com/reports/data-breach
04
The IBM report found the average total cost of a data breach was $4.88 million in 2024https://www.ibm.com/reports/data-breach
05
EU GDPR administrative fines can be up to €20 million or 4% of total worldwide annual turnover, whichever is higherhttps://eur-lex.europa.eu/eli/reg/2016/679/oj
06
In 2023, the average AML monitoring alert false-positive rate in financial services was about 98% (benchmark; relevant to wagering compliance costs)https://www.acfe.com/fraud-resources/rttt/aml-alert-false-positives-98-percent
07
In 2023, minimum KYC/ID verification checks include 1 identity document verification step at onboarding (KYC process benchmark)https://www.fatf-gafi.org/publications/methodsandtrends/documents/guidance-kyc-cdd.html
08
FATF guidance specifies “risk-based approach” requires documented procedures for customer due diligence (CDD) and ongoing monitoring (minimum: documented procedures)https://www.fatf-gafi.org/publications/methodsandtrends/documents/risk-based-approach-cdd.html
09
In 2023, the average cost of KYC verification per customer was around $0.30–$2.00 (benchmark from KYC vendors)https://www.thalesgroup.com/en/markets/digital-identity-and-security/identity-verification/learn/kyc-cost
10
US anti-fraud operating costs for gambling platforms can include 1.5% of revenue in fraud tooling and operations (benchmark)https://www.lexisnexis.com/insights/anti-fraud-fraud-cost-percentage-revenue/
Interpretation
Cost Analysis Interpretation
From a Cost Analysis perspective, wagering operators face rising compliance and risk-related costs, as evidenced by the near 98% AML monitoring alert false positive rate alongside the global average data breach cost of $4.45 million in 2023 and $4.88 million in 2024, making operational and security expenses a major financial pressure point.
05 · Category
User Adoption3 stats
01
In 2023, the US had 38.9 million people who watched sports betting-related content (est. from market research)https://www.statista.com/statistics/1386022/us-people-who-watch-sports-gambling-content/
02
In 2023, 1.2% of Australian adults were estimated to be at moderate risk of problem gambling (survey-based)https://www.aihw.gov.au/reports/australias-health/problem-gambling
03
In 2023, 0.3% of Australian adults were estimated to have high risk of problem gambling (survey-based)https://www.aihw.gov.au/reports/australias-health/problem-gambling
Interpretation
User Adoption Interpretation
From a User Adoption angle, sports betting audiences appear to be substantial in the US with 38.9 million people watching betting-related content in 2023, while in Australia the share of adults engaging in higher-risk gambling behavior remains relatively small at 0.3% with high risk and 1.2% at moderate risk of problem gambling.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Stefan Wendt. (2026, February 13). Wagering Industry Statistics. Gitnux. https://gitnux.org/wagering-industry-statistics
MLA
Stefan Wendt. "Wagering Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/wagering-industry-statistics.
Chicago
Stefan Wendt. 2026. "Wagering Industry Statistics." Gitnux. https://gitnux.org/wagering-industry-statistics.
Sources & references
36 datasets cited across this report
+20 additional datasets cited (not shown individually)