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Online Gambling Market is Projected to Reach USD 160 Billion by 2026

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According to a recent study from market research firm Global Market Insights, The global online gambling market is estimated to witness tremendous revenue growth over the coming years due to an upsurge in smartphone adoption and improving internet infrastructure across the world. Additionally, convenient and easy accessibility to online casino gaming platforms would also complement the overall market outlook over the analysis time period.

Gambling is termed as risking money or anything which is of material value for uncertain results. The initial purpose is of winning an additional amount or material goods. Online gambling also known as internet gambling is basically betting on sports type games or casino done over the internet. Bingo, slots, roulette, keno, poker, lotteries are some of the examples of online gambling.

In addition, various new features introduced by gambling platforms by leveraging technological advancements to attract more customers. This new trend is anticipated to majorly foster the industry size in forthcoming years. Various new technologies like Virtual Reality, 3D Animation, Live Table Games, and convenient as well as mobile-friendly gaming are majorly propelling the market outlook over the coming years.

As per a research report by Global Market Insights Inc., the online gambling market would likely exceed a valuation of $160 billion by the end of 2026.

In terms of type, the online gambling market is bifurcated into bingo, lottery, poker, casino, and betting. The betting segment is further classified into tennis, horse racing, Formula 1, football, esports, and boxing & UFC. Among the other segments, the online betting is the fastest growing segment over the forecast period. In fact, Chabot, machine learning, and AI (Artificial intelligence) have substantially taken over the market. Further, the convenience of cashless payment methods during gaming and increase in the number of female populations in casinos are likely to drive the online gambling industry.

Talking of the lottery segment, though lotteries are still very popular in Colombia, their revenues have progressively diminished as a result of competition from modern games, such as Baloto, which is an electronic lottery game managed by Coljuegos. With the popularity of modern games, the lottery segment might witness slow growth over the coming years.

Based on device type, the online gambling market is classified into desktop and mobile. The desktop device type segment will witness substantial growth over the coming years. The proliferation of sports betting ads across the world and ease of sports betting using desktop is expected to propel segment growth.

On the regional front, the Asia Pacific online gambling industry witnessed a significant upsurge in the industry recently due to the coronavirus pandemic. The strict lockdowns imposed by regional government authorities were responsible for majorly driving the adoption of online betting among APAC customers. In fact, according to the reports of illion Australia and AiphaBeta Australia, Australia witnessed a tremendous 67% rise in online gambling back in April 2020, after the country closed every non-essential service in Australia to keep the case count low. Likewise, the closing of land-based casinos has further resulted in a significant upsurge in the players using online casinos in countries like India.

Similarly, even Global Poker, the US-facing online poker room, reported a tremendous 43% growth in the adoption of online poker platforms across the United States after the lockdowns and social distancing mandates took effect. Additionally, the region observed an immense 255% rise in first-time players. Moreover, a lot of free time in the lockdown has compelled people to use online gambling platforms to pass time, which is majorly pushing the market landscape.

Key Companies covered in online gambling market are 888 Holdings PLC, Bet365 Group Ltd., BetAmerica, bet-at-home.com AG, Betfred, Betsson AB, Buffalo Partners, DraftKings Inc., Flutter Entertainment, GVC Holdings PLC, International Games Technology, Kindred Group PLC, Playtech PLC, Scientific Games, Sky Betting and Gaming, The Stars Group Inc., William Hill PLC.

 

Source: https://www.gminsights.com/pressrelease/online-gambling-market

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Onrise and EPIC agree strategic partnership for gambling harm prevention

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Onrise, the trusted mental health platform for athletes across the US, has entered a strategic partnership with EPIC Global Solutions, a leading consultancy in gambling harm prevention. The collaboration aims to enhance support services for athletes and coaches at professional and collegiate levels amid growing concerns around sports wagering and gambling-related risks.

EPIC Global Solutions brings expertise grounded in lived experience of gambling addiction. Through this partnership, EPIC will provide education and training—both face-to-face and digital—to supplement Onrise’s network of over 250 peer support experts. These services are designed to help sports organizations promote safer relationships with gambling products.

The Onrise platform already offers a comprehensive support system, including licensed therapists, psychiatric care, sports performance coaching, and retired athlete peer support, all delivered securely through one-on-one sessions with flexible scheduling.

Kim Quigley, Founder and CEO of Onrise, commented:
“Student-athletes live in a time where gambling and sport intertwine in so many ways, with significant wagering interest in collegiate sport. This partnership with EPIC Global Solutions is about getting in early, before a bet becomes a burden carried in silence. By pairing world-class gambling education with Onrise’s athlete-specific mental health care, we can spot risk sooner, intervene faster, and protect their health, future, and the team communities depending on them.”

Paul Buck, CEO of EPIC Global Solutions, added:
“This partnership arose from a shared alignment of values. Gambling and sports wagering is growing fast in the US, particularly in sports and college sectors. Together, we can provide stronger, athlete-focused support to promote mental health, wellbeing, and performance.”

The partnership coincides with Problem Gambling Awareness Month in the US, running throughout March to raise awareness of early identification and prevention of gambling-related harms.

The post Onrise and EPIC agree strategic partnership for gambling harm prevention appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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LEON Esports Expands its Partnership with GamerLegion to Include a Dota 2 Team

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Online casino and sportsbook LEON has strengthened its esports involvement by extending its partnership with the organisation GamerLegion to cover the team’s North American Dota 2 roster.

Previously sponsoring GamerLegion’s Counter-Strike 2 team, LEON’s expanded collaboration marks the next step in the brand’s growing esports strategy.

GamerLegion’s Dota 2 squad, formed in late 2025, played its first official match on November 15th and is currently ranked approximately #17 globally. The team has already competed in major tournaments, including PGL Wallachia, DreamLeague, and BLAST Slam.

As part of the extended partnership, LEON and GamerLegion will introduce exclusive giveaways, fan activities, and collaborative content for the esports community, further strengthening engagement across both teams and their audiences.

The post LEON Esports Expands its Partnership with GamerLegion to Include a Dota 2 Team appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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GoldenRace reinforces leadership in the Colombian market alongside Olympia Apuestas Virtuales

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GoldenRace, a global leader in Virtual Sports and the first and only ACDV-certified provider in Colombia, has signed a partnership with Olympia Apuestas Virtuales. This collaboration expands GoldenRace’s footprint in the Colombian retail sector while raising standards for virtual gaming.

Colombia has long been a strategic market for GoldenRace, and its compliance with Coljuegos regulations ensures operators can run certified, fully transparent products. Olympia’s terminals now feature GoldenRace’s full virtual sports portfolio, demonstrating how advanced technology can seamlessly adapt to local legal and operational requirements. Since November 2025, Olympia has successfully deployed multiple terminals, highlighting growing player demand for fast, secure, and accessible gaming experiences.

GoldenRace virtual betting delivers instant excitement, with events every five minutes and betting options across football, horse racing, dog racing, motorcycling, and more. The platform requires minimal registration while offering immediate results, catering to players seeking quick, adrenaline-filled entertainment.

Martin Wachter, CEO and Founder of GoldenRace, commented:
“Our track record in Colombia has allowed us to understand what operators need and what players love. Partnering with Olympia lets us expand in the retail sector, bringing certified virtual games to physical points of sale where trust and immediacy are crucial.”

David Cadavid, Betting Coordinator at BetPlay and Olympia Casinos, added:
“This partnership is central to our diversification and growth strategy. Virtual betting represents both fast, accessible entertainment and a contribution to the national economy. GoldenRace’s certified products are a clear opportunity for innovation, development, and profitability in Colombia.”

The GoldenRace–Olympia alliance is set to continue transforming the virtual betting landscape in Colombia, offering players instant action while supporting sustainable business growth.

The post GoldenRace reinforces leadership in the Colombian market alongside Olympia Apuestas Virtuales appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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