Global Gambling Market 2023-2027

Global Gambling Market 2023-2027

Technavio has been monitoring the gambling market and it is poised to grow by $260.44 bn during 2023-2027, accelerating at a CAGR of 7.1% during the forecast period. Our report on the gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing betting on e-sports, the high penetration of smartphones, and reduced stringency in government regulations.

Technavio's gambling market is segmented as below:

By Type

  • Lottery
  • Betting
  • Casino
By Platform
  • Offline
  • Online
By Geographical Landscape
  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the introduction of bitcoin gambling as one of the prime reasons driving the gambling market growth during the next few years. Also, the use of AI in online gambling and the emergence of VR as a cure for a gambling addiction will lead to sizable demand in the market.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters. Our report on the gambling market covers the following areas:
  • Gambling market sizing
  • Gambling market forecast
  • Gambling market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gambling market vendors that include 888 Holdings plc, Bet365 Group Ltd., Betsson AB, Caesars Entertainment Inc., Camelot UK Lotteries Ltd., Crown Resorts Ltd., Entain Plc, EquiLottery LLC, Flutter Entertainment Plc, Freaks 4U Gaming GmbH, Galaxy Entertainment Group Ltd., Gateway Casinos and Entertainment Ltd., International Game Technology plc, INTRALOT SA, Kindred Group Plc, Las Vegas Sands Corp., MGM Resorts International, New York State Gaming Commission, SkyCity Entertainment Group, and The Betway Group. Also, the gambling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Chart on Market Overview
      • Table Executive Summary - Data Table on Market Overview
      • Table Executive Summary - Chart on Global Market Characteristics
      • Table Executive Summary - Chart on Market by Geography
      • Table Executive Summary - Chart on Market Segmentation by Type
      • Table Executive Summary - Chart on Market Segmentation by Platform
      • Table Executive Summary - Chart on Incremental Growth
      • Table Executive Summary - Data Table on Incremental Growth
      • Table Executive Summary - Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
      • Table Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
  • Historic Market Size
    • Global gambling market 2017 - 2021
      • Table Historic Market Size - Data Table on Global gambling market 2017 - 2021 ($ billion)
    • By type Segment Analysis 2017 - 2021
      • Table Historic Market Size - By type Segment 2017 - 2021 ($ billion)
    • By platform Segment Analysis 2017 - 2021
      • Table Historic Market Size - By platform Segment 2017 - 2021 ($ billion)
    • By geography Segment Analysis 2017 - 2021
      • Table Historic Market Size - By geography Segment 2017 - 2021 ($ billion)
    • Country Segment Analysis 2017 - 2021
      • Table Historic Market Size - Country Segment 2017 - 2021 ($ billion)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between2022 and 2027
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
    • Threat of new entrants
      • Table Threat of new entrants - Impact of key factors in 2022 and 2027
    • Threat of substitutes
      • Table Threat of substitutes - Impact of key factors in 2022 and 2027
    • Threat of rivalry
      • Table Threat of rivalry - Impact of key factors in 2022 and 2027
    • Market condition
      • Table Chart on Market condition - Five forces 2022 and 2027
  • Market Segmentation by Type
    • Market segments
      • Table Chart on Type - Market share 2022-2027 (%)
      • Table Data Table on Type - Market share 2022-2027 (%)
    • Comparison by Type
      • Table Chart on Comparison by Type
      • Table Data Table on Comparison by Type
    • Lottery - Market size and forecast 2022-2027
      • Table Chart on Lottery - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Lottery - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Lottery - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Lottery - Year-over-year growth 2022-2027 (%)
    • Betting - Market size and forecast 2022-2027
      • Table Chart on Betting - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Betting - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Betting - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Betting - Year-over-year growth 2022-2027 (%)
    • Casino - Market size and forecast 2022-2027
      • Table Chart on Casino - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Casino - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Casino - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Casino - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type ($ billion)
  • Market Segmentation by Platform
    • Market segments
      • Table Chart on Platform - Market share 2022-2027 (%)
      • Table Data Table on Platform - Market share 2022-2027 (%)
    • Comparison by Platform
      • Table Chart on Comparison by Platform
      • Table Data Table on Comparison by Platform
    • Offline - Market size and forecast 2022-2027
      • Table Chart on Offline - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Offline - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • Online - Market size and forecast 2022-2027
      • Table Chart on Online - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Online - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Online - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Online - Year-over-year growth 2022-2027 (%)
    • Market opportunity by Platform
      • Table Market opportunity by Platform ($ billion)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2022-2027 (%)
      • Table Data Table on Market share by geography 2022-2027 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2022-2027
      • Table Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on North America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on North America - Year-over-year growth 2022-2027 (%)
    • APAC - Market size and forecast 2022-2027
      • Table Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • Europe - Market size and forecast 2022-2027
      • Table Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • South America - Market size and forecast 2022-2027
      • Table Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on South America - Year-over-year growth 2022-2027 (%)
      • Table Data Table on South America - Year-over-year growth 2022-2027 (%)
    • Middle East and Africa - Market size and forecast 2022- 2027
      • Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • US - Market size and forecast 2022-2027
      • Table Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on US - Year-over-year growth 2022-2027 (%)
      • Table Data Table on US - Year-over-year growth 2022-2027 (%)
    • China - Market size and forecast 2022-2027
      • Table Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on China - Year-over-year growth 2022-2027 (%)
      • Table Data Table on China - Year-over-year growth 2022-2027 (%)
    • UK - Market size and forecast 2022-2027
      • Table Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on UK - Year-over-year growth 2022-2027 (%)
      • Table Data Table on UK - Year-over-year growth 2022-2027 (%)
    • Germany - Market size and forecast 2022-2027
      • Table Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • Canada - Market size and forecast 2022-2027
      • Table Chart on Canada - Market size and forecast 2022-2027 ($ billion)
      • Table Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
      • Table Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Table Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billion)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing betting on e-sports
      • High penetration of smartphones
      • Reduced stringency in government regulations
    • Market challenges
      • Security and credibility issues associated with online gambling
      • Ban on gambling in many countries
      • Ban on gambling advertisements
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2022 and 2027
    • Market trends
      • Introduction of bitcoin gambling
      • Use of AI in online gambling
      • Emergence of VR as a cure for gambling addiction
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • 888 Holdings plc
      • Table 888 Holdings plc - Overview
      • Table 888 Holdings plc - Business segments
      • Table 888 Holdings plc - Key offerings
      • Table 888 Holdings plc - Segment focus
    • Bet365 Group Ltd.
      • Table Bet365 Group Ltd. - Overview
      • Table Bet365 Group Ltd. - Product / Service
      • Table Bet365 Group Ltd. - Key offerings
    • Betsson AB
      • Table Betsson AB - Overview
      • Table Betsson AB - Business segments
      • Table Betsson AB - Key news
      • Table Betsson AB - Key offerings
      • Table Betsson AB - Segment focus
    • Caesars Entertainment Inc.
      • Table Caesars Entertainment Inc. - Overview
      • Table Caesars Entertainment Inc. - Business segments
      • Table Caesars Entertainment Inc. - Key news
      • Table Caesars Entertainment Inc. - Key offerings
      • Table Caesars Entertainment Inc. - Segment focus
    • Camelot UK Lotteries Ltd.
      • Table Camelot UK Lotteries Ltd. - Overview
      • Table Camelot UK Lotteries Ltd. - Product / Service
      • Table Camelot UK Lotteries Ltd. - Key offerings
    • Entain Plc
      • Table Entain Plc - Overview
      • Table Entain Plc - Business segments
      • Table Entain Plc - Key news
      • Table Entain Plc - Key offerings
      • Table Entain Plc - Segment focus
    • EquiLottery LLC
      • Table EquiLottery LLC - Overview
      • Table EquiLottery LLC - Product / Service
      • Table EquiLottery LLC - Key offerings
    • Flutter Entertainment Plc
      • Table Flutter Entertainment Plc - Overview
      • Table Flutter Entertainment Plc - Business segments
      • Table Flutter Entertainment Plc - Key news
      • Table Flutter Entertainment Plc - Key offerings
      • Table Flutter Entertainment Plc - Segment focus
    • Freaks 4U Gaming GmbH
      • Table Freaks 4U Gaming GmbH - Overview
      • Table Freaks 4U Gaming GmbH - Product / Service
      • Table Freaks 4U Gaming GmbH - Key offerings
    • Galaxy Entertainment Group Ltd.
      • Table Galaxy Entertainment Group Ltd. - Overview
      • Table Galaxy Entertainment Group Ltd. - Business segments
      • Table Galaxy Entertainment Group Ltd. - Key offerings
      • Table Galaxy Entertainment Group Ltd. - Segment focus
    • Gateway Casinos and Entertainment Ltd.
      • Table Gateway Casinos and Entertainment Ltd. - Overview
      • Table Gateway Casinos and Entertainment Ltd. - Product / Service
      • Table Gateway Casinos and Entertainment Ltd. - Key offerings
    • International Game Technology plc
      • Table International Game Technology plc - Overview
      • Table International Game Technology plc - Business segments
      • Table International Game Technology plc - Key offerings
      • Table International Game Technology plc - Segment focus
    • INTRALOT SA
      • Table INTRALOT SA - Overview
      • Table INTRALOT SA - Business segments
      • Table INTRALOT SA - Key news
      • Table INTRALOT SA - Key offerings
      • Table INTRALOT SA - Segment focus
    • Kindred Group Plc
      • Table Kindred Group Plc - Overview
      • Table Kindred Group Plc - Business segments
      • Table Kindred Group Plc - Key offerings
      • Table Kindred Group Plc - Segment focus
    • Las Vegas Sands Corp.
      • Table Las Vegas Sands Corp. - Overview
      • Table Las Vegas Sands Corp. - Business segments
      • Table Las Vegas Sands Corp. - Key offerings
      • Table Las Vegas Sands Corp. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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