Global online gambling market: statistics and trends

The global online gambling market was estimated to worth more than €50.85 billion in 2018. Given the huge advances in web technologies and smartphone applications, there has been substantial growth. This includes the gambling industry as a whole in terms of the number of players and hours spent.

Trends in the global online gaming market

With the closure of casinos in some countries and the decline in sports-oriented betting, online gambling is on the rise. The market overview reveals that it is propelled by players such as Playtech, Microgaming, or NetEnt among others. These players are fighting a worldwide commercial battle that ultimately contributes to the greater good of gamblers.

According to the statistics, online entertainment websites in Latin America, Canada and Switzerland are inspiring and encourage you to bet on everything. An overview of the gambling industry – depending on the form, highlights typologies such as casino, betting, poker, online bingo, lottery, etc. – is available on the Internet. You can also choose between mobile and computer-based options. Online casino and poker are some of the trendiest games in this universe.

Many sites offer slot machine games based on well-known comic book heroes, while others computerize fairly conventional concepts. Not to mention that players benefit from sophisticated visuals and background music included, just like real slot machines.

Overview of the online games that stand out from the crowd

Online gaming statistics clearly reflect that major brands are putting significant resources into stimulating growth in the sector. Although certain categories of entertainment are preferred by users in Canada, Switzerland, the USA and elsewhere.

Gambling and sports betting statistics

Markets growth is being felt in sports betting. There has been double-digit growth in recent years. In 2018, it already amounted to 847 million euros – not least because of the increase in the number of players from 1.4 to 2.2 million. On the other hand, an overview of the online poker market shows that dice games are also very successful throughout Switzerland, Canada, the United States, South America, etc.

Furthermore, the upward trend in sports betting in 2018 is far from being attributable to the World Cup in that year. Betting on this major championship accounted for only about 10% of all bets.

Mobile gaming, king of the sector

Nearly half of the gaming industry’s gains – 48% – are attributable to mobile gaming. This figure was 45% in 2019, or $68.5 billion, making this category the largest segment of online entertainment. Proof of this growth can be seen through Google Play Store, which has seen an increase of more than 70% in the number of people subscribing to games.

According to forecasts, the mobile gaming segment could reach $77.2 billion in 2020, a growth of 13.3%. Revenues from online console games are also expected to grow, but to a lesser extent – up 6.8% year-on-year to $45.2 billion. PC games are expected to grow by 4.8% to $36.9 billion.

Video games continue to gain ground

According to SuperData’s report, the video game sector recorded a global turnover of 120 billion dollars in 2019. This is equivalent to a 13% increase over one year. As for France, it reached 5 billion euros with a 15% increase. Statistics also reveal that the USA made 14.8 million dollars.

In addition, users are of all ages and according to the SELL, 74% of the population play video games occasionally. It should also be noted that gamers use pc’s, tablets and mobiles at the same time.

The trend of real money online casinos

After the first steps of online casinos on the Internet, the sequence of events was very quick and the bettors adopted it faster than expected. Now the offer is such that it is quite difficult to find a real money casino offering high winnings, attractive deposit bonuses and free spins galore. But in any industry magazine, there’s a good chance that you’ll find attractive online casinos.

That said, if you are looking for the best online casino for real money, really take the time to read reviews from users. You can see the reviews of other real money online casino players before you risk your money. This is definitely the perfect tip for finding the best online casino for real money and getting value for your money.

Key figures of the global online gambling market

The global gambling industry is in top form and is expected to reach new heights in 2020 regardless of the Covid-19 crisis. According to the previous year’s report, a 4.8% increase is expected, for a total amount of more than $159 billion.

An upward trend that promises sparks

The gaming industry saw its revenues increase by about 9.5% between 2018 and 2019, from $138.7 billion to $152 billion. Another increase of 4.8% is in sight since the publication of the report. If these forecasts come true, the gaming industry’s global revenues in 2020 would then be three times greater than those of the music industry. The latter were set at $57 billion in 2019.

In the review of the best real money online casinos, the big family of casinos, online betting, poker, lotto, etc. is four times larger than the box office industry – $43 billion in 2019. This demonstrates the importance of looking at real money online casinos. Looking even further ahead, statistics estimate the annual growth rate of the sector at +9% between 2018 and 2022. By then, the global online gambling market will be worth approximately $196 billion.

Related topics and other websites used to write this article: