Gambling market revenue in Europe (2019-2026E)

Gambling market revenue in Europe (2019-2026E)

14.01.2022

Like in many other sectors, the COVID-19 pandemic led to reduced market revenues in Europe’s gambling sector in 2020 and 2021, compared to previous years, and accelerated a pre-existing growth trend of online. In 2021 Europe’s total gambling market revenue is expected to be worth €87.2bn in gross gaming revenue, a decrease of 13% compared to the pre-pandemic market in 2019 but representing an increase of 7.5% compared to 2020 levels. In 2021, Europe’s online gambling revenue is expected to reach €36.4bn (41.7% of total gambling) gross gaming revenue, an increase of 19% compared to 2020 levels. Meanwhile, land-based gambling revenue is expected to increase marginally to €50.8bn (58.3% of total gambling) gross gaming revenue in 2021, an increase of 0.4% compared to 2020 levels, as the pandemic continues to restrict land-based gambling activity in many European countries.

* Data points may be adjusted due to rounding.

** EU-27 and UK gambling markets only.

Source: H2 Gambling Capital, November 2021, www.h2gc.com.

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