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Here’s a Look at the Top Trends Shaping the Online Gambling Market

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The global online gambling market size is projected to reach USD 158.20 billion by 2028, exhibiting a CAGR of 11.4% during the forecast period. This information is given by Fortune Business Insights in a new report, titled, “Online Gambling Market, 2021-2028.”  As per the report, the market was USD 66.72 billion in 2020.

List of Key Players Covered in this Market Report:

  • Slots Heaven Casino (Slots Heaven Casino)
  • Sky Betting & Gaming (Leeds, United Kingdom)
  • SPIN Casino (Canada)
  • DraftKings Inc. (Massachusetts, United States)
  • Betfred (Warrington, United Kingdom)
  • BetAmerica (California, United States)
  • LeoVegas AB (Stockholm, Sweden)
  • Betsson AB (Stockholm, Sweden)
  • StarsGroup.com (Ontario, Canada)
  • Kindred Group Plc. (Valletta, Malta)
  • Mansion Casino (Gibraltar)
  • Evolution Gaming AB (British Columbia, Canada)
  • Scientific Games Corporation (Nevada, United States)
  • Buffalo Partners (New York, United States)
  • bet-at-home.com AG (Germany)
  • 888 Holdings PLC (Gibraltar)
  • Bet365 (Stoke-on-Trent, United Kingdom)
  • Flutter Entertainment Plc. (Dublin, Ireland)
  • William Hill Plc. (London, United Kingdom)
  • Entain plc (GVC Holdings Plc.) (Douglas, Isle of Man)

REPORT SCOPE & SEGMENTATION:

Report Coverage Details
Forecast Period 2021 to 2028
Forecast Period 2021 to 2028 CAGR 11.4%
2028 Value Projection USD 158.20 Billion
Base Year 2020
Market Size in 2020 USD 66.72 Billion
Historical Data for 2017 to 2019
No. of Pages 130
Tables, Charts & Figures 92
Segments covered Type;  Devices; and Region
Growth Drivers Ease of Online Payment to Drive Online Gambling Market Growth
Restrictions of COVID-19 on Land-based Casinos to Boost Demand for Online Gambling
Rapid Adoption of Smartphones to Fuel Demand for Mobile Gambling
Pitfalls & Challenges Rising Adverse Impacts on Mental Health and Bans on Online Gambling May Impede Market Growth

Quick Adoption of Online Gambling amid COVID-19 to Boost the Market

The global health and economic crisis triggered by the COVID-19 pandemic forced governments in several countries to impose strict lockdowns and social distancing measures. Companies rapidly adopted remote working models, leading to huge portions of working populations working from home. With most non-essential services and places, including casinos, being closed down, gamers and gamblers have swiftly shifted to virtual platforms, boosting the online gambling market growth in the process. For example, an article published by New York University revealed that digital gambling platforms have gained speedy momentum in Canada after the coronavirus broke out. In Australia, according to a report by Concordia University, Canada, spending on online casinos rose sharply by 67% in April 2020. The coronavirus pandemic has, thus, proved favorable for this market, enabling it to register a healthy CAGR of 11.2% and reach a value of USD 74.17 billion in 2021.

Market Segments

Based on type, the market has been classified into sports betting, casinos, poker, lottery, bingo, and others, with the lottery segment holding a share of 15.1% in the global market and a share of 15.4% in the UK market in 2020.

On the basis of devices, the market segments include desktop, mobile, and others. By region, the market has been divided into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Highlights of the Report

The report offers a granular examination of the various factors shaping the growth trajectory of the market, as well as a holistic analysis of the hindrances obstructing the market. Furthermore, a microscopic study of the regional and competitive dynamics influencing the market has also been provided in the report, along with an in-depth assessment of the individual market segments. The insights contained in the report are based on industry-leading research conducted through primary, secondary, and tertiary sources.

Driving Factor

Introduction of Sophisticated Technologies in Virtual Gambling to Fuel the Market

Advanced, intelligent technologies, such as artificial intelligence (AI) and blockchain, are being increasingly employed by online gambling platforms to ensure a secure and safe space for enthusiasts. Heralding this trend are startups that are developing and offering novel gambling platforms powered by smart technologies. For example, Edgeless, which was started in 2018, became the first Ethereum-based virtual casino that uses distributed ledger technology to ensure payouts. Similarly, Tombola is a popular lottery and gambling platform driven by cryptocurrency and other blockchain-enabled tools. Another example is the Canada-based startup, Quarter4, which leverages AI to offer simulations, content, and predictions for sports bettors. The incorporation of new-age solutions in digital gambling is, thus, opening new pathways of development for this market.

Regional Insights

Europe to Headline the Global Market, Forecasts Fortune Business Insights

Europe is expected to dictate the online gambling market share during the forecast period on account of the heavy investments being made by sports enthusiasts across the continent in online sports betting. Moreover, a healthy betting culture in Europe will further bolster the prospects of the market in the region. In 2020, the Europe market size stood at USD 30.92 billion.

The presence of secure connectivity infrastructure and strong gambling regulations will propel North America in the second-leading position in the market in terms of revenue generation. On the other hand, growing investments in online gambling in South America, driven by regulations in Colombia and Argentina, are anticipated to speed up the expansion of the market in this region.

Competitive Landscape

Key Players to Strengthen Businesses through Innovative Collaborations

With online gaming picking up pace amid the COVID-19 pandemic, key players in this market are entering into strategic collaborations with gambling industry giants to deepen their market footprint. These companies are engaging in developing innovative online gambling platforms to attract gamblers and gain momentum in this rapidly evolving market space.

Industry Developments:

  • December 2020: BetMGM launched the BetMGM Casino in Pennsylvania, with an aim to bring its online gambling portfolio to players in the state. The platform will offer sophisticated mobile casino games, which will be available on iOS, Android, and desktops.
  • February 2020: CBS Sports and William Hill inked a deal under which William Hill will become the exclusive provider of Wagering Data and Sports Book across all CBS Sports platforms. The partnership will integrate sports betting, media, and technology to enhance fan engagement.

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Atlaslive Shortlisted for “Platform Provider of the Year” at the iGaming Awards LATAM 2025 by AffPapa

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Atlaslive, the international B2B iGaming software provider, has been shortlisted for Platform Provider of the Year at the first-ever AffPapa iGaming Awards LATAM 2025, scheduled for November 26 in Cancún, Mexico.

This debut LATAM edition of AffPapa’s awards celebrates the affiliates, operators, and technology providers driving innovation across one of the fastest-growing iGaming regions.

“Latin America is where iGaming’s next chapter is being written. It is fast, bold, and data-driven. Being shortlisted for Platform Provider of the Year proves that Atlaslive’s technology and mindset are built for that pace: dynamic, compliant, and ready to flow and grow with every market we enter.”
—Anastasiia Poltavets, CMO at Atlaslive

The awards will run in parallel with the iGaming Club Conference Cancún, bringing together top names from across the LATAM ecosystem. Voting closes on November 10, and the winners will be revealed during the gala ceremony on November 26.

Atlaslive’s recognition underscores its commitment to developing a connected iGaming platform that unites Sportsbook, Casino, and Retail in one ecosystem. Purpose-built for scalability, localization, and compliance, the platform continues to strengthen its footprint across Latin America and other regulated markets.

About the Awards

The AffPapa iGaming Awards LATAM 2025 marks AffPapa’s first event dedicated to the Latin American market, honoring innovation and achievement across the affiliate, operator, and B2B landscape.

About Atlaslive

Atlaslive delivers a next-generation iGaming platform for sportsbook and casino operators. Following its recent LATAM expansion, the company continues to empower partners with advanced risk management, localized tools, and performance-driven technology designed to elevate player engagement and operational agility.

Cast your vote for Atlaslive before November 10 at this link.

This document is provided to you for your information and discussion only. This document was based on public sources of information and was created by the Atlaslive team for marketing usage. It is not a solicitation or an offer to buy or sell any gambling-related product. Nothing in this document constitutes legal or business development advice. This document has been prepared from sources Atlaslive believes to be reliable, but we do not guarantee its accuracy or completeness and do not accept liability for any loss arising from its use. Atlaslive reserves the right to remedy any errors that may be present in this document.

About Atlaslive

Atlaslive, formerly known as Atlas-IAC, underwent a rebranding campaign in May 2024. It is a B2B software development company that specializes in creating a multifunctional and automated platform to optimize the workflow of sports betting and casino operators. Key components of the Atlaslive Platform include Sportsbook, Casino, Risk Management and Anti-Fraud Tools, CRM, Bonus Engine, Business Analytics, Payment Systems, and Retail Module. Follow the company on LinkedIn to stay updated with the latest news in iGaming technology.

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Andrzej Hyla Chief Commercial Officer at Wazdan

Wazdan’s Mighty Wild™: Jaguar nominated for Online Slot of the Year at Global Gaming Awards EMEA

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Wazdan’s Mighty Wild™: Jaguar nominated for Online Slot of the Year at Global Gaming Awards EMEAReading Time: 2 minutes

Wazdan, the leading gain-focused developer, has been nominated in the Online Slot of the Year category at the Global Gaming Awards EMEA 2026 for its standout release, Mighty Wild™: Jaguar.

The prestigious nomination recognises Wazdan’s ongoing commitment to innovation and player engagement, with the jungle-inspired title balancing modern mechanics and smooth, dynamic gameplay to deliver a captivating gameplay experience.

The title brings together several of Wazdan’s most distinctive features, including Wild Rampage™, the signature mechanic of the Mighty Wild™ series, which fills bonus rounds with symbols and multipliers for fast-paced action.

It also incorporates Hold the Jackpot™, one of Wazdan’s flagship features, where players trigger bonus rounds to pursue grand jackpot win by filling the entire grid, alongside Cash Infinity™, which boosts engagement and retention by keeping symbols on the reels between spins. Lastly, Sticky to Infinity™ also makes up the title’s impressive mechanic line-up, which locks bonus symbols in place during respins to heighten the sense of progression and maximise win potential.

The game’s success underlines the growing strength of the Mighty Wild™ series, one of Wazdan’s most popular lines. Following the outstanding performance of Mighty Wild™: Jaguar, the company is preparing to expand the collection with the upcoming Mighty Wild™: Gorilla, further cementing its reputation for creating high-performing, feature-rich titles.

Delivering exceptional results since launch, Mighty Wild™: Jaguar has become one of Wazdan’s strongest releases of the year, resonating with both players and operators across regulated markets.

At the same time, Wazdan’s nomination takes on even greater significance in light of the upcoming Global Gaming Awards EMEA ceremony, which will take place in Barcelona in January 2026 as part of the opening day of ICE 2026.

With the release now shortlisted among the industry’s best in class, Wazdan continues to strengthen its position as one of the leading developers shaping the future of online slot entertainment.

Andrzej Hyla, Chief Commercial Officer at Wazdan, said: “Being nominated for Online Slot of the Year at the Global Gaming Awards is a fantastic recognition of the creativity and engineering that drive every Wazdan release.

Mighty Wild™: Jaguar reflects our ongoing mission to design games that not only entertain but deliver measurable results for our partners. We’re incredibly proud of how the Mighty Wild™ series has evolved and look forward to building on its success with new titles that continue to push the boundaries of player engagement.”

The post Wazdan’s Mighty Wild™: Jaguar nominated for Online Slot of the Year at Global Gaming Awards EMEA appeared first on European Gaming Industry News.

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Wazdan wraps up successful showcase at SiGMA Central Europe

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Wazdan, the leading gain-focused developer, has concluded a successful trip to Rome for SiGMA Central Europe, where the company’s team connected with key partners, unveiled its latest titles and reinforced its growing presence across the region.

Located at booth 4040, Wazdan’s cohort enjoyed intensive meetings with partners and operators, receiving overwhelmingly positive feedback on its latest releases and engagement-boosting features. The event provided an excellent platform to strengthen regional relationships and accelerate the company’s local growth strategy.

Attendees had the opportunity to exclusively explore some of the developer’s highly anticipated and top-performing titles, including Mighty Wild™: Gorilla, Cash Grotto™, 16 Coins™ x5000 and Mighty Crown™: Legacy of Mars. Each game captivated operators with its distinctive mechanics and player-driven experiences, underlining Wazdan’s commitment to innovation and entertainment.

Adding to the excitement, Wazdan also presented its festive €6,000,000 Network Promotion, with its Halloween chapter having successfully concluded on the 2nd November and its Christmas stage set to run from 28th November to 31st December, once again offering its partners fresh ways of engaging their player bases.

Wazdan’s appearance at SiGMA Central Europe marks another milestone in its global event calendar, as the company continues to showcase its cutting-edge content and strengthen partnerships across key markets.

Radka Bacheva, Head of Sales at Wazdan, said: “SiGMA Central Europe was an incredible opportunity to connect with both new and existing partners.

“The positive response to our portfolio and features reaffirms our focus on creating value-driven, immersive gaming experiences. We’re delighted with the momentum we’ve built in this region and look forward to achieving even greater success together.”

The post Wazdan wraps up successful showcase at SiGMA Central Europe appeared first on European Gaming Industry News.

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