Europe Online Gambling Market Size, Growth, Statistics, Top Companies, Industry Trends and Opportunities 2023-2028

Published March 10, 2023

According to IMARC Group’s latest report, titled “Europe Online Gambling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the Europe online gambling market size reached US$ 37.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 59.0 Billion by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Year Considered to Estimate the Market Size:

  • Base Year of the Analysis: 2022

  • Historical Period: 2017-2022

  • Forecast Period: 2023-2028

Online gambling refers to the act of participating in various games of chance, such as poker, slots, and blackjack, over the internet. Online gambling platforms allow individuals to place bets and play games from the comfort of their own homes, using a computer or mobile device. The popularity of online gambling has grown significantly with millions of people participating in online gambling activities worldwide. Online gambling offers a convenient and accessible way to play casino games, and many platforms offer attractive bonuses and rewards to entice players to join. It can be addictive and may lead to financial and psychological problems if not done responsibly.

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Europe Online Gambling Market Trends:

The rising popularity of mobile devices represents a significant factor driving the market growth across Europe. In line with this, the widespread adoption of smartphones and tablets is contributing to the growth of the market across the region. Moreover, the market is also driven by the increasing adoption of 5G internet technology, along with the rising expenditure on leisure activities. Apart from this, the easy availability of high-speed broadband internet, corporate sponsorships, cultural and legalization approval, celebrity endorsements, and easy access to online gambling are some of the other factors creating a positive outlook for the market in the region.

Key Market Segmentation:

The report has segmented the Europe online gambling market based on game type, device and country.

Breakup by Game Type:

  • Sports Betting
    • Football
    • Horse Racing
    • E-Sports
    • Others
  • Casino
    • Live Casino
    • Baccarat
    • Blackjack
    • Poker
    • Slots
    • Others
  • Others

Breakup by Device:

  • Desktop
  • Mobile
  • Others

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others

Competitive Landscape With Key Players:

The competitive landscape of the Europe online gambling market has been studied in the report with the detailed profiles of the key players operating in the market.

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Key Highlights of the Report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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