Latest News
Here’s a Look at the Top Trends Shaping the Online Gambling Market
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
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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Conferences in Europe
SiGMA Central Europe in Rome to open with keynote from European Parliament President Metsola
Reading Time: 3 minutes
Hon. Roberta Metsola, President of the European Parliament, together with Italy’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Hon. Antonio Tajani, have confirmed their participation at SiGMA Central Europe, scheduled to take place in Rome from November 03 – 06.
President Metsola will deliver an opening keynote to launch SiGMA’s inaugural event on 04 November, followed by an address from the Hon. Tajani and SiGMA Founder Eman Pulis.
This landmark gathering, taking place for the first time in the historically resonant city of Rome, connects some of the most influential and decisive voices in government, policy, and public sector engagement. Across four stages, prominent voices joining the conference also include that of Hon. Federico Freni, Undersecretary of State, Ministry for Economy and Finance, Italy.
H.E. Roberta Metsola, President of the European Parliament
Roberta Metsola was elected President of the European Parliament in January 2022, becoming the youngest person ever to occupy this role. In July 2024, she was re-elected for another term, as the second person and the first woman to serve as President for two terms.
President Metsola has been very vocal and firm in Europe’s support for Ukraine, following Russia’s brutal invasion. On 1 April 2022, she became the first President of an institution of the European Union to visit Ukraine since the start of the war. As President, she has led reforms towards a Parliament that is more modern, efficient and accountable.
She was first elected as a Member of the European Parliament in 2013. Prior, President Metsola served within the Permanent Representation of Malta to the European Union and later as the legal advisor to the High Representative of the European Union for Foreign Affairs and Security Policy. In her student years, she campaigned actively for Malta’s European Union membership.
Professionally, she is a lawyer who has specialised in European law and politics. Born in 1979, Roberta Metsola is married to Ukko Metsola and is the mother of four boys.
Italy’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, Antonio Tajani
A professional journalist since 1980, he has worked as a parliamentary reporter, anchor for GR1 Rai, and head of the Rome newsroom of Il Giornale.
Co-founder of Forza Italia, he served as its Vice President from 2018 to 2023 and as National Coordinator from 2021 to 2024. On February 24, 2024, he was unanimously elected National Secretary of Forza Italia. Since 2002, he has been Vice President of the European People’s Party.
In 1994, he was elected to the European Parliament for the first time. He was appointed European Commissioner for Transport in 2008, and later Vice President and European Commissioner for Industry and Entrepreneurship in 2010. On January 17, 2017, he was elected President of the European Parliament.
From 2019 to 2022, he served as Chair of the Committee on Constitutional Affairs and of the Conference of Committee Chairs of the European Parliament.
Since October 22, 2022, he has been Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation.
About SiGMA Central Europe 2025
SiGMA Central Europe will take place for the first time this November 03 – 06. Strategically set in Italy’s historic capital, a three-day feast of networking, expo, and conference takes place at the Fiera Roma – a 100,00 sqm venue in the heart of the eternal city. Don’t miss an expertly crafted conference taking place across four main stages, over 550 speakers, 1,700 exhibitors and sponsors – delivering high-value discussion across eight densely-packed halls.
On the networking side, highlights include two prestigious award ceremonies for the B2B and B2C crowd, and a special Hall of Game recognition category for outstanding change-makers. A private concert by world-renowned tenor Plácido Domingo and celebrated South African soprano Pretty Yende adds a touch of glamour to the agenda.
Expecting 30,000 delegates from more than 150 countries, this edition promises to be SiGMA’s largest to date.
Disclaimer: The content presented on this page is strictly informational and intended for B2B purposes only. SiGMA Group is not responsible or liable for any business decisions, commercial agreements, or activities conducted by attendees, exhibitors, or third parties during or after the event. All participants are responsible for ensuring compliance with applicable laws and licensing requirements, including those of the Agenzia delle Dogane e dei Monopoli (ADM) in Italy. Our events are restricted to adults aged 18 and over.
The post SiGMA Central Europe in Rome to open with keynote from European Parliament President Metsola appeared first on European Gaming Industry News.
Affiliate Industry
IZIGROUP and Gamblers Connect Enter a New Partnership
Reading Time: 2 minutes
Gamblers Connect, a leading and trusted iGaming Medium & Affiliate website for the iGaming sector, is excited to announce its latest strategic partnership with a true pillar of the European gaming industry: IZIGROUP.
Based in Malta, IZIGROUP is one of the most respected and established operators in the iGaming world. Its influence is immense, serving as the exclusive concessionaire for the National Lottery of Malta through their subsidiary, National Lottery plc. They also operate Malta’s most iconic land-based casino, the Dragonara Casino, a name synonymous with quality and heritage since 1964. The group also has a sports and casino betting platform, IZIBET.
But this partnership isn’t just about land-based prestige. IZIGROUP has powerfully translated its decades of experience into the digital realm with a formidable iGaming presence. This includes their flagship online brands, Dragonara Online Casino and IZIBET which are rapidly expanding beyond Malta into international markets.
Gamblers Connect’s mission has always been to act as the essential bridge, connecting its community with the most trusted, innovative, and responsible operators in the industry.
This partnership is a perfect embodiment of that goal. IZIGROUP’s entire operational philosophy is built on the same values: a deep commitment to safe, responsible, and engaging gaming experiences.
With €920 million in total gaming turnover last year and a clear strategy focused on digital innovation, IZIGROUP represents the gold standard of a modern, successful, and ethical gaming operator.
Gamblers Connect is proud to feature IZIGROUP’s brands and to provide users with a direct connection to their world-class portfolio. This collaboration strengthens the network and, more importantly, reinforces a promise to only partner with the best.
Gregory Busuttil, Acquisition & Retention Executive at IZIGROUP, commented: “This feels like a true partnership, not just another campaign — and that’s what sets it apart.”
Gjorgje Ristikj, Founder & CEO at Gamblers Connect, stated: “Our collaboration with IZIGROUP marks an important milestone for Gamblers Connect. Joining forces with a reputable Malta-based brand allows us to combine credibility with reach, delivering stronger exposure, better performance and a more mature presence in the industry. We see this partnership not as a campaign, but as the beginning of a long-term strategic relationship.”
The post IZIGROUP and Gamblers Connect Enter a New Partnership appeared first on European Gaming Industry News.
BRAVE DRAGON
ZITRO PRESENTS NEW SLOT “BRAVE DRAGON”: PICK YOUR LUCK AND BRING DRAGONS TO LIFE!
Reading Time: < 1 minute
Enter a mystical realm where three dragon eggs hold the power to unlock legendary fortunes. In Brave Dragon, you control a special Lucky Cell that you can place manually anywhere on the reels for each spin. When fuchsia, red, or blue coins land in your Lucky Cell, they instantly summon mighty dragons that boost prizes, multiply rewards, and increase coin values. Experience up to three bonus rounds running simultaneously on their own reel sets, while landing a single MEGA or SUPER symbol in your Lucky Cell awards the respective jackpot. Play Brave Dragon exclusively on the FANTASY cabinet!
FANTASY GAMES. FANTASY EXPERIENCE.
Stay tuned—more legendary releases are about to hatch!
The post ZITRO PRESENTS NEW SLOT “BRAVE DRAGON”: PICK YOUR LUCK AND BRING DRAGONS TO LIFE! appeared first on European Gaming Industry News.
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