2023 Online Gambling Statistics 

2023 Online Gambling Statistics 

Between 2022 to Q1 2023, online gambling generated a market revenue ranging from $81.1 billion in 2022 to $88.65 in 2023 at a compound annual growth rate (CAGR) of 9.3%. With things gearing up smoothly, the online gambling market has been predicted to hit a market revenue of at least $ 125 billion by the end of Q4 2027 at a CAGR of 9.1%. All these number play a big role in the gambling statistics that concern online casinos.

Many league players in the online gambling market have stirred up the online gambling market by offering quality services.

In this casino news, we’ll examine the statistical build-up of online gambling in 2023.

Ready? Let’s get started.

Online Gambling Statistics 2023: The Next Big Thing

Steady growth in internet sensation has resulted in the increasing usage of smartphones and gadgets that make online gaming easy. In 2022, internet insight in the United States was over 90% of the country’s entire population.

Again, with legalization, endorsement from public figures, and sponsorships from firms and corporations, the market growth paced up without stress. For instance, before the advent of Q4 2022, Betsson AB’s fanbase was abysmally low. However, after acquiring shares in KickerTech Malta Limited, Betsson AB gained value and recognition among other players.

Gambling Statistics: Game Type Availability

The gambling statistics won’t be clearly understood outside of the sort of games that the industry makes. The online gambling industry includes lottery games, sports betting, and the online casino offering poker, craps, table games, and more. Sports betting generated 45% of the revenue in 2022 due to increasing interest in soccer and rugby.

The casino sector is expected to experience significant growth with a good CAGR from now until 2030. So games can be trendy with the “let me give it a try” tagline players often use in gaming trends.

Regional Dominance for More Gambling Statistics

As shown in online gambling statistics, countries that have earned the most marks in advancing online internet gaming are the European countries. This is due to technological advancement and open online gaming legalization in those countries.

Again, European countries’ adoption of the Gambling Act 2005 and the provision of high internet service have led to the increment of online statistical data and market value in those countries.

Below are regional projections predicted to hit billions of USD in revenue by 2030:

North America — U.S., Canada

Europe — Germany, U.K., France, Italy, Spain

Asia Pacific — China, India, Japan

Latin America — Brazil, Mexico

Middle East & Africa — Turkey, South Africa

Major Companies and Their Market Impact

The major key players often engage in partnerships and the acquisition of shares to attract players and to stay relevant. 1xbet, for instance, has the sponsorship and partnership of major European football clubs. This has kept them at the apex of gambling activities over African countries. To become big in the online gambling market, companies need a user-friendly app, high compatibility, and multiple payment options.

All of the measures mentioned above must be rightly checked to enable account opening, especially for newbies, to be done without stress. A few vital companies currently making waves in the online gambling market include; 888 Holdings Plc., Bally’s Corporation, Bet 365 Group Ltd., Betsson AB, FireKeepers, Flutter Entertainment Plc., Churchill Downs Inc. Kindred Group, Ladbrokes Coral Group Plc, Sky Betting & Gambling, Sportech Plc, The Stars Group Plc., William Hills Limited, 1xbet Gaming Company, and many others.

If in doubt about the above, you can always read the many online casino games reviews available on the internet, to get insight on other player’s experiences.


Apart from the International Mining and Resources Conference (IMARC) report, there is no better way to reach a more comprehensive quantitative analysis report on various market segments, gaming and market trends, market forecasts, and more.

The advent of the report shows a more apparent trend regarding possible occurrences soon — both as technology advances in the online gambling industry and its market value at every point in time.

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