How big is the Europe Online Gambling Market?

The Europe Online Gambling Market size is expected to reach USD 52.30 billion in 2024 and grow at a CAGR of 11.01% to reach USD 88.16 billion by 2029. Read More

What is the current Europe Online Gambling Market size?

In 2024, the Europe Online Gambling Market size is expected to reach USD 52.30 billion. Read More

Who are the key players in Europe Online Gambling Market?

Betsson AB, 888 Holdings PLC, The Stars Group Inc., Entain PLC and Caesars Entertainment, Inc. are the major companies operating in the Europe Online Gambling Market. Read More

What years does this Europe Online Gambling Market cover, and what was the market size in 2023?

In 2023, the Europe Online Gambling Market size was estimated at USD 47.11 billion. The report covers the Europe Online Gambling Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Online Gambling Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the legal considerations for entering the European Online Gambling Market?

The legal considerations for entering the European Online Gambling Market are a) Licensing requirements b) Compliance across various jurisdictions c) Potential tax implications Read More

Europe Online Gambling Market Growth | Industry Analysis, Size & Forecast Report

Online Gambling in Europe Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Online gambling is experiencing significant growth in Europe, driven by advancements in technology such as virtual reality, blockchain, and mobile platforms. The shift from traditional to digital wagering has boosted revenue, with major players focusing on mergers to increase market share. Innovations in blockchain, IoT, and VR are revolutionizing the cyber gambling industry. The market, led by the UK, is segmented by game type, end-user, and geography, with a focus on sports betting, casino, lottery, and bingo.

Europe Online Gambling Industry Overview

Some major players in the Europe online gambling market are Bet365, 888 Holdings PLC, GVC Holdings PLC, Kindred Group PLC, Entain PLC (William Hill PLC), and Betsson AB. Many online gambling companies rely on third-party providers, such as Playtech, for software solutions. However, some companies choose to backward integrate with technology providers. For instance, 888poker heavily invested in developing its software and online gaming technology, primarily not relying on suppliers. Similarly, William Hill, a bookmaker in the United Kingdom, focused on backward integration and thus acquired Grand Parade, a software development company. The market is highly fragmented, and new players are entering the market owing to high opportunities in the upcoming years.