EU Market
Gambling is becoming more and more an online activity
Technological innovation means that consumers can now enjoy online gambling and betting anywhere, anytime, across the EU.
Because of this technological change, Europe’s online gambling market is growing at about 10% per year, faster than land-based gambling, such as casinos or bookmaker shops. The economic size (or gross gaming revenue) of the EU online sector is expected to rise from €22.2 billion in 2018 to €29.3 billion in 2022.
In 2018, the online sector had a 23.2% share of the EU gambling market, compared to land-based gambling which had a 76.8% share.
The growth in online gambling is also being driven by changing regulatory landscapes in EU countries, most of which now have dedicated regulation for online gambling activities.
Europe is a world leader in digital entertainment
The EU market is the largest and most competitive for online gambling. In 2018, the EU had 49.2% share of the global online gambling market and this is forecast to remain relatively stable until at least 2020.[1] With sports betting now legalised in some US states European companies are now beginning to get a foothold in the US market, increasing their influence and bring their expertise to new markets.
Most people like to play traditional casino games or bet on sports
In 2018, sports betting was the most popular form of online gambling (42.5% of gross gaming revenue), followed by casino games (32.4%), lottery (12.6%), poker (5%), bingo (4.3%), and other games (3.2%).[2]
Key facts:
- The EU online gambling market is now growing at about 10% per year, the economic size (or gross gaming revenue) of the EU sector is expected to rise from €22.2 billion in 2018 to €29.3 billion in 2022.
- In 2018, the online sector had a 23.2% share of the EU gambling market, compared to land-based gambling which had a 76.8% share.
- The EU is a world leader in digital entertainment, the EU has a 49.2% share of the global online gambling market which is forecast to remain stable until 2020.
- Sports betting is the most popular form of online gambling (42.5%), followed by casino games (32.4%), lotteries (12.6%), poker (5%), bingo (4.3%), and other games (3.2%).