Global Gambling Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Global Gambling Market Report is Segmented by Type (Casinos, Lotteries, Sports Betting, and Other Types ); Channels (Offline and Online Channels), and Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.

Gambling Market Size

Compare market size and growth of Gambling Market with other markets in Consumer Goods and Services Industry

Gambling Market Analysis

The Gambling Market size is estimated at USD 456.71 billion in 2025, and is expected to reach USD 633.99 billion by 2030, at a CAGR of 6.56% during the forecast period (2025-2030).

Many regions, particularly in Asia-Pacific, are experiencing rising disposable income and internet penetration, which are expanding access to gambling platforms. Online gambling sites are catering to a global audience, resulting in heightened international participation. As internet access and smartphone usage surge, a significant portion of the gambling industry has transitioned online, allowing individuals to gamble from virtually anywhere. For instance, The number of internet users worldwide was 5,400 million in 2023, according to the International Telecommunication Union (ITU). Technologies like blockchain and cryptocurrencies are being embraced for their benefits of transparency, security, and expedite transactions in the gambling realm.

With the relaxation of gambling laws in various regions, including the U.S. post-PASPA repeal, the market is witnessing significant expansion. Additionally, countries are establishing regulatory frameworks for online gambling. In many areas, gambling is gaining social acceptance, a shift attributed to advertising, sponsorships, and media attention, particularly in sports betting. There's a growing perception of gambling as a form of entertainment rather than just a money-making avenue, a shift that's particularly resonating with younger audiences. Gambling companies are increasingly sponsoring sports teams and events, bolstering brand visibility and forging strong ties with popular sports like football and basketball. In numerous developing markets, as income levels rise, a larger segment of the population is engaging in gambling activities.

Asia Pacific Holds the Significant Market Share

Asia Pacific is home to major gambling hubs, including Macau, Singapore, and The Philippines. Macau, often dubbed the “Gambling Capital of the World,” outpaces Las Vegas in gambling revenue. It's a prime destination for both local and international tourists, particularly high rollers from mainland China. For instance, Gross revenue from gaming and gambling in Macao was MOP 183.7 Billion in 2023, according to the Gaming Inspection and Coordination Bureau Macao. Countries like China, India, and those in Southeast Asia are witnessing rapid economic growth, leading to a burgeoning middle class with increased disposable income. This economic upturn has spurred participation in both land-based and online gambling. As incomes rise, so does the demand for entertainment, with gambling being a significant component.

In many Asian cultures, gambling is not just accepted but often woven into social and religious events. For instance, traditional games like mahjong and lotteries hold a prominent place in Chinese culture. Meanwhile, Japan and South Korea have their own popular legal gambling forms, such as pachinko and horse racing. Macau, Singapore, and the Philippines draw millions of tourists each year. A notable segment of these visitors, especially high-rollers from China, South Korea, and Japan, significantly boosts gambling revenues. Both Macau and Singapore's casinos heavily rely on VIP gamblers, often affluent individuals indulging in high-stakes bets. Governments in regions like Macau and Singapore actively champion gambling, recognizing it as a vital tax revenue source. By establishing regulated environments, they've successfully catered to both local and international gamblers. These elements collectively position the Asia-Pacific as the world's largest and one of the most vibrant gambling markets.

Gambling Industry Overview

The gambling market is highly competitive having a large number of domestic and multinational players competing for market share and with innovation in games being a major strategic approach adopted by leading players. The major players operating in the market are Las Vegas Sands Corp., MGM Resorts International, Flutter Entertainment, Entain Plc, and Galaxy Entertainment Group, among others. Additionally, mergers, expansion, acquisitions, and partnerships are the common strategies to enhance the company's presence and boost the market.

Gambling Market Leaders

  1. Las Vegas Sands Corp.

  2. MGM Resorts International

  3. Flutter Entertainment

  4. Entain Plc

  5. Galaxy Entertainment Group

  6. *Disclaimer: Major Players sorted in no particular order
Need More Details on Market Players and Competitors?
Download PDF

Gambling Market News

  • August 2024: Hard Rock International has opened the Hard Rock Casino in Rockford. Located off the I-90 State Street exit at 7801 E. State Street, the casino spans over 175,000 square feet dedicated to gaming, entertainment, and hospitality. Its diverse attractions include nearly 1,300 slot machines, 50 live table games (including a dedicated poker room), a cutting-edge sportsbook, six distinct restaurants, and a Rock Shop featuring genuine Hard Rock merchandise, among other offerings.
  • September 2023: Bet365 partnered with mobile-focused gaming content provider Gaming Realms. Following the agreement, Gaming Realms provides Bet365 with its online gaming content selection. Slingo Rainbow Riches and Slingo Lobstermania are included in the provider's collection. Source: https://www.mordorintelligence.com/industry-reports/online-gambling-market
  • June 2023: Groupe Partouche and Betsson AB partnered to launch online casino services in Belgium. The collaboration leverages Groupe Partouche's dominance in the market for traditional casinos and Betsson's expertise in the online gaming industry to produce enticing online casino offerings suited explicitly for the Belgian market. Source: https://www.mordorintelligence.com/industry-reports/online-gambling-market

Gambling Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Growing Popularity of Online Gambling Drives the Market
    • 4.1.2 Sponsorships and Advertising Boosts Market Growth
  • 4.2 Market Restraints
    • 4.2.1 Regulatory Challenges Hamper the Market
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Casinos
    • 5.1.2 Lotteries
    • 5.1.3 Sports Betting
    • 5.1.4 Other Types
  • 5.2 Channel
    • 5.2.1 Offline Channel
    • 5.2.2 Online Channel
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.1.4 Rest of North America
    • 5.3.2 Europe
    • 5.3.2.1 Spain
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 Germany
    • 5.3.2.4 France
    • 5.3.2.5 Italy
    • 5.3.2.6 Russia
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 South Africa
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Las Vegas Sands Corp.
    • 6.3.2 MGM Resorts International
    • 6.3.3 Flutter Entertainment
    • 6.3.4 Entain Plc
    • 6.3.5 Galaxy Entertainment Group
    • 6.3.6 Wynn Resorts Ltd
    • 6.3.7 SJM Holdings LTS
    • 6.3.8 Kindred Group
    • 6.3.9 Bet 365
    • 6.3.10 888 Holdings Plc
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Gambling Industry Segmentation

Gambling involves wagering money or valuable items on uncertain events, primarily aiming to win more money or goods. The gambling market is segmented by type, channel, and geography. Based on type, the market is segmented into casinos, lotteries, sports betting, and other types. Based on channels, the market is segmented into offline and online channels. The market is also segmented based on geography as North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. The market sizing has been done in value terms in USD for all the abovementioned segments.

Type Casinos
Lotteries
Sports Betting
Other Types
Channel Offline Channel
Online Channel
Geography North America United States
Canada
Mexico
Rest of North America
Europe Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
United Arab Emirates
Rest of Middle East and Africa
Type
Casinos
Lotteries
Sports Betting
Other Types
Channel
Offline Channel
Online Channel
Geography
North America United States
Canada
Mexico
Rest of North America
Europe Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia Pacific China
Japan
India
Australia
Rest of Asia-Pacific
South America Brazil
Argentina
Rest of South America
Middle East and Africa South Africa
United Arab Emirates
Rest of Middle East and Africa
Need A Different Region or Segment?
Customize Now

Gambling Market Research FAQs

How big is the Gambling Market?

The Gambling Market size is expected to reach USD 456.71 billion in 2025 and grow at a CAGR of 6.56% to reach USD 633.99 billion by 2030.

What is the current Gambling Market size?

In 2025, the Gambling Market size is expected to reach USD 456.71 billion.

Who are the key players in Gambling Market?

Las Vegas Sands Corp., MGM Resorts International, Flutter Entertainment, Entain Plc and Galaxy Entertainment Group are the major companies operating in the Gambling Market.

Which is the fastest growing region in Gambling Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Gambling Market?

In 2025, the Asia Pacific accounts for the largest market share in Gambling Market.

What years does this Gambling Market cover, and what was the market size in 2024?

In 2024, the Gambling Market size was estimated at USD 426.75 billion. The report covers the Gambling Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Gambling Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Gambling Industry Report

Statistics for the 2025 Gambling market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Gambling analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Access Report