Forecast on top global online gambling markets

An analysis of online gambling revenue across 61 countries has forecasted that the United States will emerge as the top earner in 2024, with an estimated revenue of $23.03 billion.
E gambling market in PhilippinesThis research, conducted by Japanese Online Casino Guide 日本のオンラインカジノ and drawing data from Statista, underscores the profound growth trajectory of the online gambling industry, particularly in the wake of the COVID-19 pandemic.

Rank

Country

Revenue $ in billion (2024)

1

United States

23.03

2

United Kingdom

13.78

3

Australia

10.14

4

Japan

6.19

5

Germany

5.65

6

Canada

4.19

7

France

4.12

8

Italy

3.21

9

India

2.9

10

Spain

1.97

The projected revenue for the United States reflects a 20.3 percent increase from the previous year, marking it as the country with the second-highest surge in revenue growth, following Brazil.

This surge outpaces the global average of 12.9 percent, indicating a robust growth in the US online gambling market, which is growing approximately one and a half times faster than the rest of the world.

Following the United States, the United Kingdom is anticipated to rank second in terms of revenue, with a projected $13.78 billion in 2024. Despite a slightly lower growth rate compared to other nations, the UK maintains the second-highest number of online gamblers, comprising 27.9 percent of its population.

Australia secures the third position with an expected revenue of $10.14 billion in 2024, driven by a projected 10.5 percent increase in revenue. Meanwhile, Japan occupies the fourth spot, with a forecasted revenue of $6.19 billion, representing a 12.7 percent year-over-year increase.

Germany, Canada, France, Italy, India, and Spain round out the top ten rankings, each contributing significantly to the global online gambling landscape.

Emiko Matsuda, Editor-in-Chief of 日本のオンラインカジノ, commented on the findings, stating, “The surge in online gambling can be attributed to a variety of factors such as the pandemic, which meant many bettors transitioned from wagering on sports to online gambling, and the data suggests that this shift is permanent.”

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