Online gambling market size, reports, revenue and forecast 2022 – 2030

The online gambling market is growing by a large margin


Its growth is attributed to COVID-19, which made many people prefer playing at home rather than going to brick-and-mortar casinos.  By 2026 the online casino market is expected to hit up to $100 billion. Up to 85 % of Americans have gambled at least once. New trends suggest that more women than men are being lured into gambling in the US, as up to 57% of women are gambling online. 

Growth difference for the online gambling market between 2019 and 2024, source:
Growth difference for the online gambling market between 2019 and 2024, source:

How Big is the Online Gambling Market?

In 2021 the global online gambling and betting industry was at about 61.5 billion US dollars. With a wide range of factors, such as its growth and penetration of the internet worldwide and COVID lockdowns, among other factors. By 2028 this figure is expected to go up almost two folds to around $114 billion, an increase of around 86%.

Largest online gambling software providers (IGT, WMS, Novomatic, etc) offer for players a wide collection of the best free casino games no download with free spins, stacked wild, 324 ways to win, super-profitable paytables that are available on mobile devices and PCs. The list of the most popular includes such as: Sweet Bonanza slot, Buffalo, Wheel of Fortune, Lightning Link and others.

Market Size of the Online Gambling Industry Worldwide From 2011 to 2021, source:
Market Size of the Online Gambling Industry Worldwide From 2011 to 2021, source:

Online Gambling Market Segmentation by Devices

Online mobile gambling refers to the fact that people can bet on sport-type and casino games using their mobile devices. Global online gambling market size is expected to grow to $154.81 billion by 2030 and register a CAGR of 12.10% from 2020 to 2030. 

  • Desktop - Still, many online gamers use their desktops to gamble online. The number is declining because mobile phone devices have now penetrated more, and they are less bulky and can be used to gamble on the go. This desktop gambling market is quickly receding, as the online gambling report says.
  • Mobile – There is significant penetration of mobile phones, and now, nearly everyone has one. Most people are gambling on phones rather than on physical casinos or desktops. 
  • Others – Most mobile devices can access the internet. Casino games and online slot machine developers have optimised most of their games for mobile devices. This has seen a lot of people, mostly millennials, more than baby boomers turn to their devices to play these games.

Statistics Using Online Gambling Games by Devices
Statistics Using Online Gambling Games by Devices

Big Online Gambling Companies by Market Cap


Market Cap

Price ($)



15.67 B$




$1.53 B


Isle of Man

Evolution Gaming

$16.62 B




$8.14 B


Isle of Man

Bally's Corporation

$1.13 B



Wynn Resorts

$6.73 B



Penn National Gaming

$4.96 B




$3.69 B




$0.10 B




$600 M


Isle of Man


Aristocrat, as of the first week of September 2022, had recorded a market cap of $15.67 billion. This is one of the most requested and popular providers of the best free online games no downloads no registration instant play that are popular all over the world. Figures qualify this gaming company to rank at 1002, the most profitable gaming company. Market CAP, also interchangeably referred to as market capitalisation, is the total value of its traded outstanding shares. This information was recorded as of September 3, 2022. 


As of the first September week, this giant gaming company was recording a market capitalisation of $1.53 billion. Figures rank this company at 3900th most valuable gaming company in 2022. In 2006 when Playtech was starting, it had a market CAP of $1.01 Billion. Compared to 2022's $1.53 B, there is evidence of a slow but notable improvement. Among the most popular online casino games by Playtech are such free slot machine games without downloading or registration as: Irish Luck, Buffalo Blitz, Flintstones, King Kong, etc.


By the first September week, this gaming company closed with a market CAP of $16.62 billion. Currently, Evolution Gaming Company is ranked 925th most valuable Gaming Corporation worldwide. This company started in 2015 with a meager market cap of $1.31 B. The best free online slots no download by Evolution Gaming impress players with their bonuses, prizes, features and functions. Today it has made enormous strides to beat some reputable industry leaders' growth. 


By September 3, 2022, this giant gaming company had an average of $8.39 Billion. These average figures were obtained after reviewing three trusted sources, including Yahoo, CompaniesMarketCap, and lex Cloud. Entain was established in 2005 with a market cap of $0.21 B. It is evident that this company has since gotten a warm reception from most punters worldwide. 


As of September 4, 2022, U.S-based Bally's Corporation gaming recorded a market capitalisation of $6.73 billion. While it now takes its position as the world's 1840th wealthiest gaming company, the cap has experienced a significant downfall from it's all-time highest market capitalisation of $24.54 billion in February 2014. Absolutely everyone nowadays can enjoy free slot machine games without downloading or registration by Bally Corporation on any convenient device.


This giant gambling company is based in the US. Its current market cap stands at $6.73 billion as of September 4, 2022. Wynn Resorts now stands at 1840th most valuable gaming company in 2022. This company's highest market CAP was reached in March 2014, when it hit $24.54 billion. On average they shared the same market cap with Bally's Corporation that year. 


Penn gaming company is a US-based reputable gaming company with a marketing cap of $4.96 billion as of September 4, 2022. It does not do so well as it ranks 2266 among the most valuable gaming companies worldwide. This company started in 2001 and recorded a market capitalisation of $0.47 billion that year


Based in the UK, GAN online gaming company has a market capitalization of $0.10 billion as of September 2022 with a share price of $2.45. This makes it rank at 6150 among the wealthiest gaming companies worldwide. This company was started in May 2020 with slightly over $0.6 billion in market capitalisation. 


IGT has a market value of $3.56 billion in the first week of September 2022. IGT (International Game Technology), as of 2021, had annual revenue of $4,089. Its quarterly revenue stood at only $1021 as of June 30, 2022. Among other world players in the online gambling industry, he presented more than one collection of the most popular IGT free slots no download no registration with bonus. This is a fairly new gaming company, and unlike many companies in this section, this company is performing dismally. 


Brief global gambling market size statistics 2020-2024: online gambling types
Brief global gambling market size statistics 2020-2024: online gambling types

Microgaming Company is not a new name in the online casino industry. Some of the most notable slots have been developed by this giant company for online casino software. This company is known for providing unbeatable mobile casino software, casino games, bingo, poker, sportsbook, and live and land-based casino games. As of 2022's first week of September, it reported a market capitalisation of $600 million.

Largest Gambling Companies in the World by Revenue

№ 1. Caesars Entertainment 

As of June, the 30th 2022, Caesars Entertainment's revenue stood at $10.389 billion, a 41.89% increase yearly. In 2021, this company recorded a $9.57 billion revenue, an increase of 163.78% from its previous year. According to Yahoo News, this gaming company has a market cap of $9.64 billion, with a 34.73B enterprise online gambling market value. It has a trailing P/E of 16.59 and a forward P/E of 9.07. BETA of 2.78 and the 52-week change of -60.22%. As of September 4, 2022, Caesars Entertainment recorded a week's high of 119.81USD and a low of $ 35.10. 

№ 2. Flutter Entertainment

Any company’s revenue, including gaming, is defined by the cash amount it gets from customers. This company's revenue for the quota ending 2021, the month of December 31, stood at 11.5 dollars. The year before, 2020 to 2021, was at $8.3 billion. Its annual revenue for 2019 to 2020 was a 5.667billion, a 107% increase. The previous year this company recorded a 9.28% increase to $2.733 billion. This means it is doing well, and we expect even more increase in revenue going forward.

№ 3. Evolution 

The evolution gaming company has a market capitalisation of $1.38 billion as of 2022. This company recorded a market cap of $1.24 billion its previous year, a slight increase given its previous cap of $0.65 billion in 2019. It has experienced a relatively steady rise in the market cap from 2020 to 2021 and another slow but steady appreciation between 2021-2022 to $1.38 billion as of the first September week.

№ 4. Las Vegas Sands 

This company's revenue for the quarter ending in June 2022 stood at $1.045 billion. Though impressive, this was a decline of 10.91% compared to 2011. For 12 months ending June 30, 2020, this company recorded revenue of $3.853 billion. This time around was an 0.6% increase compared to the previous year. Again it did well for the 2019 – 202 financial year, where it recorded an increase in annual 44.01% revenue to $4.234 billion. This was not so its previous year when it recorded a 75.76% decline of only $2.94 billion. 

№ 5. Bet365

This company was founded in 2000 in North Staffordshire, UK, and has headquarters in Stoke-on-Trent, UK. There are not many records about this company's marketing cap. But, the COVID-19 Pandemic almost brought down its operations. It decimated the sporting calendar. Its management could still contain the situation and grow revenue soon after lockdown restrictions were eased. It recorded a turnover flat throughout 2021, at 2.8 billion pounds. Still, its management continues to value Bet365 at 7.1 billion pounds. 

№ 6. Kindred Group

Kindred Group is an online gaming company with 9 brands. Some include the notable Maria Casino, Unibet, and 32Red. Its various products include online poker, sports betting, and bingo. 

There is scarce information about this brand; its revenue as of the year ending 2021 was 28.9 million Euros. This was a 31% growth for the whole of 2020. In the second quota of 2022, this company recorded $285.4 million in revenue. 

№ 7. 888 Holdings 

Also commonly referred to as, 888 Holdings PLC is a public gaming company that owns various renowned gambling websites and brands such as 888 casinos, 888sport, and 888poker. This company's headquarters in Gibraltar is listed on the London Stock Exchange. 888 is a constituent of the FTSE 250 Index. 

888 Holdings grew its net income to 68.90 million dollars, a 509.73% from 11.30 million. For some time, the costs associated with general and administrative, selling, cost of goods, and debts also went up.

№ 8. Scientific Games

Scientific Games is set to change its name to Light & Wonder. Even so, this gaming company recorded a net profit of up to $371 million in 2021. Its revenue increase is 26.6% year-on-year. From the beginning to the end of 2021, it was $215 billion compared to a paltry $1.70 billion in 2020. It attributes the profit in 2021 to services only, which accounted for up to $1.64 billion, an increase of 30.4 in 2021. Product sales went up 16.1% to $511 million year on year.

№ 9. MGM Resorts

As of June 2022, this company recorded a $3.265 revenue increase of 43.96% year-over-year. MGM Resorts was established in 1986 and is a worldwide hospitality company that operates, among other locations, in Maryland, Detroit, Mississippi, Las Vegas, and New Jersey. MGM Resorts has many casinos under its belt, which include ARIA, Bellagio, MGM Grand Las Vegas, and Delano Las Vegas, just to mention a few. 

№ 10. DraftKings

DraftKings is an American company for daily sports betting and fantasy contests that was founded in 2012. This company has its headquarters in Boston, Massachusetts, United States. As of 2019, this gaming company already employed up to 869 employees. Users can enter weekly and even daily fantasy sports-related content hoping to win money based on individual performance in major American sports, The NHL, MLB, NBA, PGA, and NFL. DraftKings reported revenue of $417 million for Q1 2022. 

Facts: Online Gambling Statistics

  • In the UK, people aged 35 to 44 are more addicted to enjoying online gambling.
  • Currently, the US gambling market is estimated at $261 billion and employs more than 1.8 million people. It is predicted to hit $262.4 billion by 2026.
  • In 2020, the gambling industry faced a decline due to the global Pandemic, COVID-19, but the online casino industry grew immensely.
  • According to the 2019 statistics provided by the gambling industry, most online gamblers accounting for 31.4%, played at least once a month, and others, accounting for 29.5%, played at least once every week, at least two days each week. Those who played for less than a month accounted for 17.8%.

World Famous Gambling Centers: Facts, Statistics

#1. USA

Before COVID-19, the US brick-and-mortar casinos industry recorded high revenues until 2019. Revenues went down by 47%. The Pandemic proved to be a blessing in disguise after the lockdown. There was a huge number of people who resorted to online gambling. Sports betting went up by 68%. By 2025 this market revenue is expected to hit $15 billion due to sports betting and iGaming. So, can you gamble online legally?

📌Important Observation: A forecast shows that this industry will generate a total of $92.9 billion in revenue in 2023. More details and facts are described in the research article USA Gambling Regulations: Casino Gaming License & States with Legal Online Gambling by Jeremy Smith

  • Colorado: Gamble only if you have attained a minimum age of 18 in Colorado. This state, which has 35 physical casinos, and several online sports betting and online casinos, recorded $636.08 million in revenue in 2020. It recorded a staggering $6.6 million in its first year after legalising gambling. This industry looks great going forward, and we expect impressive figures in revenue from 2020 to 2022. 
  • Delaware: As long as you have attained the minimum age of 17, you are free to gamble in Nevada. Nevada has 3 physical casinos only and many online casinos, sports betting, and online poker businesses. It recorded gaming revenue of $340.35 million in 2020 and a 12.04% year-on-year increase up to July. July recorded the least amount since February that year. But, things have opened up, and there is much to expect from 2020 to 2022. 
  • New Jersey: The minimum gambling age in NJ is 18, in a state with 9 physical casinos, online sports betting, and online poker and online casinos. In 2020, this state realised a staggering $2881.38 million in revenue from the gaming industry. This was the first ever US state to legalise online gaming. 
  • Indiana: There are 14 physical casinos in Indiana, social casinos, and online sports betting businesses. The minimum age to gamble in this state is 18 years old. The gaming industry is doing relatively well, as in 2020, its gross gaming revenue for this state was $17049.48 million. Since sports betting is flourishing, these figures are projected to go up in preceding years. 
  • Michigan: The minimum age for gambling in this state is 18. There are 27 physical casinos, online poker, online casinos, and online sports betting businesses. Its gross gaming revenue was $638.66 million in 2020. Its total revenue went down 4.9% from April the same year. 
  • Pennsylvania: There are 13 physical casinos in Pennsylvania, several online poker, online casinos, and sports betting. The minimum age to wager here is 18 years old. This state can make huge revenues from casinos, given that many open verticals exist in the Keystone state. Its gross revenue in 2020 was $2695.91 million. In March 2020, this state made $403.2 million in revenue from fantasy sports, video gaming, online casinos, sports betting, and land-based table games and slots. 
  • Nevada: The minimum age for gambling in Nevada is 21. There are 219 physical casinos and many online sports betting and poker companies. Its gross gaming revenue as of 2020 was $7873.31 million. In May 2021, this state recorded a staggering $1.23 billion in revenue from casinos. What's on offer: 219 physical casinos, online poker, free slots no download, and sports betting.
  • Illinois reported year-on-year growth in casino revenue in June, whereby revenue increased by 5% to $110.7 million. This was reached even though Caesar reported a drop in revenue of 5% to $68.4 million in June. Penn National dropped 8% to $30 million. The minimum age for gambling in Illinois is 18 years old. 

#2. United Kingdom

For years, the UK has gambled on passing the time. There is a lot of legal gambling here, including betting, casinos, online free slot machine games without downloading or registration, poker games, and much more. Since legalisation, its government has developed strict laws to govern this ever-evolving industry. The Gambling Commission, sponsored by the Department of Digital, Culture, Media, and Sports, regulates this industry. 

Public Opinion and Trends

According to recent figures, the gambling market in the UK is worth 14.3 billion British pounds and has employed up to 98,174 people in the UK since September 2019. High economic gambling activities are concentrated in North Scotland and London.

In 2021, the older generation participated immensely in gambling. The age of gambling participants in the same year ranged between 16 and more than 65, and those aged between 45 and 54 participated more than gamers of other age groups. In 2021, wealthier UK citizens were most likely to indulge in gambling. 

#3. Macau

Just recently, the Gaming Inspection and Coordination Bureau in Macau published its monthly figures on gaming revenue. The report suggests a 62% fall in revenue as compared to figures recorded at the same time in 2021. Its gross gaming revenue from gambling was at MOP 6.53 billion, approximately US$ 800.6 million. Recently for June 2022 it was at only MOP$2.47 billion

The loss is largely attributed to decreased cross-provincial and cross-border travel from mainland China. These figures also come as this country is struggling with the resurgence of COVID-19. Its government has imposed COVID-19 restrictions to curb the further spread of this virus by closing down local businesses such as cinemas, restaurants, hair salons, and nightclubs. 

#4. Australia

Experts say that the main reason why gambling is doing so well in Australia is marketing. The industry has thrived over 2020 due to growing reliance on digital entertainment and lockdowns. In 2019, this industry was drawing below $3.2 billion in revenue, but in 2020, it jumped to $3.4 billion, and figures keep growing in 2022 and going forward. Online free casino games no download are especially popular among Australian players as they are available on various devices without the need for registration.

Among the few businesses that benefited from life changes due to the global Pandemic, the gaming industry is the top industry. Gaming, betting, and racing activities are all regulated by the ACT Racing and Gambling Commission.  Here, more males than females participate in gambling, representing 43.2% against 35.2%. Its older population, from 45 to 75 years, gamble more than its younger population of age between 18 years to 44 years old. 

#5. Canada

Online gambling industry statistics: Comparison of players by gender
Online gambling industry statistics: Comparison of players by gender

So, what about Canada online gambling market size? Most people who gamble do so without harm, and only a few will be affected negatively. Approximately two-thirds of Canadians aged 15 years old and above have gambled in the past year. This translates to around 18.9 million people. 

Big names in the gaming industry in Canada include Jackpot City, Spin Casino, 888 Casino, Wheelz Casino, Betway Casino, LeoVegas Casino, and Unibet Casino. Its provincial government and AGCO regulate the gambling industry in Canada.  In addition, free slot games with bonus rounds no download no registration are no less popular and in demand among Canadian players.

Slot Games Market Analysis: Forecasts & Trends

According to the Remote Casino, slots account for 2,013.93, followed by table games which come second with 311.08. Card games also feature many games at 154.49, Roulette games and poker attract nearly the same amount of gamers worldwide, and finally, blackjack takes the least share at a paltry 52.33. A bigger chunk of people play other unclassified games. 

With many people using the internet, there is more entertainment on it. Upcoming operators and industry leaders in the gaming industry are keen to take their services online using websites to take advantage of its huge population. People who cannot walk into a brick-and-mortar casino can access casino games online. About 30% of people who gamble online on websites play for real money.  So, let's review online gambling market size by country?


The online gambling market in Australia reached $4.0 billion in 2021. Experts such as IMARC Groups project that figures will rise to $6.6 billion by 2027, with a CAGR of 8.1% between 2022 and 2027. This industry is driven by inflating income levels and increasing penetration of mobile devices in Australia. This has seen players in this industry developing gaming applications that can be accessed on phones and tablets. Its increasing penetration of the internet has also driven this industry by far.  Online casino games, no download free slots, pokies, poker, bingo are especially popular among players.


The online gambling market sector in Canada is estimated at more than $31 billion, and it is the largest entertainment sector in this region. Canada provides a significant chunk of this market when the global online gambling market is estimated to grow to more than $180 billion. Canada's online gambling industry has a bright future going forward in terms of expanding the number of online games and collecting industry-related revenues.

New Zealand

The lockdown due to COVID-19 saw all brick-and-mortar casinos closed down. This left them with nowhere to go other than picking up online gaming. The move saw the NZ online gambling revenue grow by 21% in 2021 compared to its previous year. The number of gamblers playing online casinos in New Zealand also increased due to the Pandemic. It went up by up to 14% in 2021, which suggests that most people turned to online gambling. New Zealand global online gambling market offers players a list of the best casino world slots, poker, etc.

South Africa

One in 10 South Africans admits to taking part in gambling. According to studies, this industry realizes approximately R35 billion every year, and it is thought that the number will continue increasing by 6% year-on-year. Online gambling in this country is increasingly changing business for consumer demand. Many payment solution providers, its media, software, and technology businesses, attorneys, industry regulators, operators, and investors are increasingly turning their interest in this industry over the years. 

  • VR Casinos – VR technology in gaming is on the rise. With VR technology, gamers can interact with other gamers and dealers and enjoy an authentic and interactive casino experience at home.
  • Mobile slot games – Punters do not have a computer to access their favorite games, as most games today are optimised for mobile phones. Thus they can comfortably enjoy playing games using their phones and mobile devices.
  • Blockchain – This is among the latest trends in the online casino industry. It is loved for it is safest, secure, has low transaction charges, is decentralised, and has privacy. 
  • Cashless Transactions – Cashless transactions are mostly preferred because transactions are fast, automatic, and safe when withdrawing your winnings or making deposits. 
  • Facial Recognition – Facial recognition involves taking your biometrics before you can carry out activities in your online casino account for ultimate security.
  • Simplify registration processes – Most punters prefer a simple sign-up process when selecting their online casino. 
  • Security – There are many security features in online gaming, such as the security of personal information and the transaction of money.
  • Artificial Intelligence. RTP (Return to Player influence) – Artificial intelligence helps users complete various tasks such as logging into their online casino accounts or making transactions. This makes it safer for them to do those activities. 
  • Big Data Analysis – It is when the casino systems get a user's important data and behavior and tailors their services to suit your needs.
  • Gamification – This idea has been applied even in many industries that are not gaming related to training teams to do or go about various activities. 
  • Live dealers – Live casino dealers give punters peace of mind when they know they are dealing with real humans through video.

Casino Games/Slots

As of 2016, up to 26% of the global population gambled, representing approximately 1.6 billion worldwide. A UK study suggests up to 17% of the entire UK population gambled online, which resulted in 5.3 billion pounds in revenue that year.

In the same year, only 3% played online casinos. The numbers have since gone up steadily. By 2018, the US online gambling market realised a revenue of $306 billion.  Trusted providers such as IGT, Microgaming, Bally, NetEnt introduced popular free no download slots, casino games, poker, etc. to players.

  • Between April 2020 and March 2021 GGY for casinos increased by £736.7m (22.5%) from £3.3bn up to £4.0 billion.
  • By category: Slots up £532.4m (22.4%), roulettes £93.0m (21.4%), others £59.7m (33.6%), Peer-to-Peer £43.4M poker games (44.2%) and £8.1M blackjack (4.3%).
  • Between April 2020 and March 2021, GGY Casino (remote) increased by £1.4bn (50.9%) from £2.7bn to £4.0 billion.

Sports Betting

With the current condition, sports betting worldwide face a storm with resilience to rise to where it was before the Pandemic. Sports betting stocks have gone down because of the lower expectations for the future. Legislation and technological deflationary tools are what this industry needs to weather the storm. 


The global lottery market is expected to hit $392960 million by the end of 2026. In 2020 this global market stood at $331020 million with a CAGR of 2.9% between 2021 to 2026. Some key players in this industry include China Welfare Lottery, China Sports Lottery, Hong Kong Jockey Club, and Francaise des Jeux, among others. 

Between April 2020 and March 2021, lottery equivalent GGY increased by £22.2m (3.6%) from £612.7m to £634.9m.

  • Ticket sales up £39.7m (4.8%) from £832.0m to £871.7m, balance (for good deeds) up £33.9m (9.2%) ) from £367.9m to £401.9m and prizes by £17.5m. Spending decreased by £11.8m (-4.8%) from £244.8m to £233.1m.

Online gambling market report: popular casino games by using
Online gambling market report: popular casino games by using


The online bingo market has reached quite a mile storm in 2022 and is expected to flourish despite various factors such as the Russia-Ukraine war and COVID-19. Going forward, many strategies and marketing channels are also expected to rise. 

Some players shaping the Bingo market industry in 2022 are Jackpot Joy, 888Bingo, Arkadium, GamePoint, Playtech, William Hill, and more. 

  • Between April 2020 and March 2021, Bingo GGY increased by as much as £10.4m (5.8%) from £178.7m to £189.1m. In addition, it increased by £27.9m (17.3%) from £161.2m to £189.1m.

Online Poker

The online poker game market size stands at several billion; from now on, its market size is expected to reach many more billion dollars. Among factors driving this online poker game market size, among others, include increased sources of outsourcing, an increase in deals and investments, advanced manufacturing technologies, and more. While this online casino market advancement is felt worldwide, notable regions driving this market more than others include North America, Europe, Asia-pacific, Latin America, the Middle East, and Africa. 

Global Online Gambling Industry Trends

In 2021, the online gambling market value hit $72.3 billion. Looking into the future IMARC GROUP projects, figures will reach $131.4 billion in 2027. It will exhibit a CARD of up to 9.96% between 2022 to 2027. Some key factors driving global online gambling include internet penetration now more than ever, as well as rapid urbanisation. Legalisation of gambling in most world parts where online gambling has not been legalised and an impressive reception of online gaming are other factors that will continue to boost this online gambling market. 

Online sports companies have continued receiving great sponsorships from various racing and football clubs, which has seen gaming companies attract more users than before. Recently, there has been convenient access to casinos on 8the go. More and more users can assess and take part in online casinos on their mobile devices. All these have contributed to a positive impact on this gambling industry over the internet. 


  1. Online Gambling in the United Kingdom (UK) - statistics & facts by research.
  2. Gambling Industry Statistics, Industry Overview, - by Gambling Commission_ Facts_Static_.pdf.
  3. History of Slot Machines: Evolution of the Online Slot Games, Interesting Facts [From Ancient to Present]
  4. States With Legalized Gambling: Federal Gambling Laws USA 2022 

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