Online Gambling Market Size: How Big Is It and What Are the Predictions?
Updated: Apr 07, 2024
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The online gambling market continues to demonstrate growth. According to Statista, it is estimated that the online gambling market size reached $100.92 billion in 2024, while Custom Market Insight predicts that the market size will reach $145.6 billion in 2030. I’ve created detailed tables showcasing the size dynamics of the market for countries and regions.
Online gambling market size by countries
| Rank | Country | Market Size 2024 [$, B] | Dynamics |
| 1 | USA | 23.03 | +20.3% |
| 2 | United Kingdom | 13.78 | +7.4% |
| 3 | Australia | 10.14 | +10.5% |
| 4 | Japan | 6.19 | +12.7% |
| 5 | Germany | 5.65 | +10.5% |
| 6 | Canada | 4.19 | +13.4% |
| 7 | France | 4.12 | +8.6% |
| 8 | Italy | 3.21 | +10.1% |
| 9 | India | 2.90 | +15.2% |
| 10 | Mexico | 2.72 | +13.9% |
| 11 | Spain | 1.97 | +11% |
| 12 | Brazil | 1.97 | +24.1% |
| 13 | Sweden | 1.85 | +13.3% |
| 14 | Greece | 1.576 | +6.8% |
| 15 | Switzerland | 1.39 | +10.2% |
| 16 | Argentina | 1.39 | +17.7% |
| 17 | Finland | 1.31 | +9% |
| 18 | Czechia | 1.31 | +11.8% |
| 19 | Colombia | 1.29 | +19.2% |
| 20 | New Zealand | 1.25 | +11.6% |
| 21 | Ireland | 1.24 | +4.2% |
| 22 | Netherlands | 1.19 | +11.5% |
| 23 | Denmark | 1.16 | +7.3% |
| 24 | Belgium | 0.9148 | +10.9% |
| 25 | South Korea | 0.8787 | +14.9% |
| 26 | Portugal | 0.860 | +7.4% |
| 27 | South Africa | 0.8285 | +12.5% |
| 28 | Romania | 0.8095 | +14% |
| 29 | Austria | 0.6839 | +8.9% |
| 30 | Philippines | 0.68 | +15.1% |
| 31 | Hong Kong | 0.652 | +11.4% |
| 32 | Nigeria | 0.6412 | +14.7% |
| 33 | Norway | 0.6389 | +6.2% |
| 34 | Hungary | 0.5632 | +11.6% |
| 35 | Thailand | 0.5462 | +11.7% |
| 36 | Croatia | 0.4847 | +7.5% |
| 37 | Lithuania | 0.3668 | +9.2% |
| 38 | Peru | 0.3148 | +13.6% |
| 39 | Slovakia | 0.3024 | +13.4% |
| 40 | Estonia | 0.2082 | +9.2% |
| 41 | Slovenia | 0.201 | +12% |
| 42 | Costa Rica | 0.1679 | +13.2% |
| 43 | Latvia | 0.1586 | +9.9% |
| 44 | Bulgaria | 0.1473 | +13.5% |
| 45 | Iceland | 0.146 | N/A |
| 46 | Serbia | 0.1429 | +11.9% |
| 47 | Malta | 0.1329 | +7.8% |
| 48 | Luxembourg | 0.1308 | +11% |
| 49 | Ivory Coast | 0.1198 | +14.3% |
| 50 | Paraguay | 0.1136 | +11.8% |
| 51 | Kenya | 0.09968 | +14.0% |
| 52 | Cameroon | 0.09905 | +15.2% |
| 53 | Albania | 0.09304 | +8.7% |
| 54 | Ukraine | 0.072 | N/A |
| 55 | Ghana | 0.05742 | +11.9% |
| 56 | Kyrgyzstan | 0.04858 | +10.1% |
| 57 | Bosnia and Herzegovina | 0.04144 | +12.1% |
| 58 | Georgia | 0.03499 | +10.7% |
| 59 | Armenia | 0.02542 | +10.9% |
| 60 | North Macedonia | 0.02356 | +11.1% |
| 61 | Guyana | 0.02332 | +10.8% |
| 62 | El Salvador | 0.02197 | +12.1% |
| 63 | Montenegro | 0.01892 | +10.1% |
| 64 | Suriname | 0.00511 | +8.9% |
Online gambling market size by regions
| Rank | Region | Market Size 2024 [$, B] | Dynamics |
| 1 | Europe | 46.74 | +9.1% |
| 2 | North America | 29.94 | +18.7% |
| 3 | Australia & Oceania | 11.39 | +10.6 |
| 4 | Asia | 5.71 | +14.3 |
| 5 | South America | 5.10 | +20 |
| 6 | Africa | 1.85 | +13.6 |
Data sources and references:
- Statista
Key Takeaways
Common:
- The USA is the largest gambling market globally.
- Europe is the largest gambling region.
By regions:
- The United Kingdom is the largest gambling market in Europe.
- The USA is the largest gambling market in North America.
- Australia is the largest gambling market in Australia & Oceania.
- Japan is the largest gambling market in Asia.
- Brazil is the largest gambling market in South America.
- South Africa is the largest gambling market in Africa.
Europe:
- Germany is the largest gambling market in Western Europe.
