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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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Gaming Corps, a publicly traded game development firm headquartered in Sweden, will debut its newest slot, 4 Gym Pigs: Porky Power, on May 7, presenting an energetic new title that replaces treasure-seeking with workout accomplishments, larger-than-life characters, and fitness-inspired excitement in the summer warmth.
Set in an outdoor gym and featuring four bodybuilding pigs pursuing fame instead of fortune, 4 Gym Pigs: Porky Power is designed on a 4×6 grid with 1024 winning combinations and incorporates workout-themed symbols along with a Hog & Win feature that underpins the gameplay experience with the intensity of a fully loaded barbell.
The Hog & Win feature, a swine variation of the traditional Hold & Win style, can be activated by Red, Yellow, Blue, or Beast Pig Coins. Every pig reveals a unique mode, covering Boost, Collect, Multi, and Beast.
Yellow Pig gathers Prize Coin values, Blue Pig uses multipliers of up to x5 throughout the grid, whereas Red Pig Coins convert into Weight Prize symbols from Mini to Mega. Beast Mode enlarges the grid to 5×6, enhances the pigs’ abilities, and can grant a special Grand Weight Prize, while a fully filled grid results in a 5,000x total bet payout.
Free Spins provide an additional pathway to the game’s significant highlights, with 3, 4, 5, or 6 Scatter Symbols granting as many as 15 Free Spins. While Free Spins are active, any activated Hog & Win modes include extra respins, enhancing the feature duration and increasing winning opportunities.
Viacheslav Pecheryni, Product Owner at Gaming Corps, said: “4 Gym Pigs: Porky Power is a lot of fun. The whole idea was to take that over-the-top gym culture, mix it with the Pigs attitude and build a game that hits harder than leg day. At the same time, there is plenty going on in the gameplay, especially once the different Hog & Win modes start kicking in, so it is not just visually entertaining, it has real energy behind it too.”
The release also includes a range of additional feature options, including Random Mode Buy Bonus, Hot Bet, Coin Hunt and Gaming Corps’ very own Pulse Mode, a faster autoplay format designed to deliver a more focused gaming experience.
The post Gaming Corps flexes its muscles with 4 Gym Pigs: Porky Power appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
George Weaver
Weaver and Ward target more Royal Ascot glory via the Royal Palm Juvenile Stakes at Gulfstream Park
Trainer George Weaver will send Easy Life to Gulfstream Park this Saturday for her career debut in the $125,000 Royal Palm Juvenile Fillies with the hope that the filly, owned by R A Hill Stable, BlackRidge Stables LLC and SGV Thoroughbreds, is destined for a future on turf.
“We don’t know if she is turf or dirt to be perfectly honest with you, but we’re going to ask her to turf to see if she can run at Royal Ascot,” Weaver said.
The Royal Palm Juvenile Fillies will co-headline Saturday’s Gulfstream card with the $125,000 Royal Palm Juvenile. The winners of both five-furlong turf stakes for 2-year-olds will each earn an automatic entry into one of six juvenile stakes during the Royal Ascot meeting (June 16-20) at Ascot Racecourse and a $25,000 equine travel stipend.
Weaver has enjoyed considerable success in Gulfstream’s Royal Palm stakes since their inception in 2023, when he saddled Crimson Advocate for a Royal Palm Juvenile Fillies victory and No Nay Mets for a win in the Royal Palm Juvenile. Crimson Advocate went on to capture the Queen Mary (G2) at Ascot Racecourse. No Nay Mets ran off the board in the Norfolk (G2).
“It’s a very, very hard place to win. It’s some of the best racing in the world that you can get. It’s not only great racing, it’s a great social scene, a great atmosphere,” said Weaver, who won the Royal Palm Juvenile last year with Sandal’s Song, who went on to finish third in the Norfolk at Royal Ascot. “When you’re there you feel like you’re participating in something special.”
Easy Life, a daughter of 2022 Pegasus World Cup Invitational (G1) winner Life is Good, was purchased out of the OBS March sale for $300,000.
“She came out of the 2-year-old sale and had a nice breeze over there. She’s got some speed and we’ve been having a little progress with her since we got her,” said Weaver, who will also be represented at Gulfstream Saturday by Automatic Press in the Royal Palm Juvenile.
J.G. Torrealba has the mount on the filly who is priced at 6-1 on the morning line.
Joker’s Chic, trained by Wesley Ward, enters the Royal Palm Juvenile Fillies with one-race experience, however disappointing her fourth-place finish may have been. The Twin Oaks Bloodstock LLC’s daughter of Practical Joke had trained sharply in preparation for her debut, particularly at Palm Meadows, Gulfstream Park’s satellite training facility in Palm Beach County.
“She had a work at Palm Meadows on March 15 on turf. Joel Rosario breezed her. We sent her off behind two very nice fillies – two, three lengths behind – and she sat back there and she just eased out and went rolling by them,’ Ward recalled. “It was a very impressive workout.”
Joker’s Chic, a $200,000 purchase at the 2025 Keeneland September sale, prompted the early pace on her debut in a 4 ½-furlong maiden test over Keeneland’s main track before fading to fourth under Irad Ortiz Jr.
“When she ran, I was pretty confident with her. She broke and Irad had her in a beautiful position, but she didn’t make that explosive move she made at Palm Meadows,” Ward said. “I told the owner, ‘This must be a grass filly.’ If she runs back to her work at Palm Meadows, she’s going to be double tough to beat.”
Joao Moreira was named to ride Joker’s Chic at the time of entry but was unable to be released from commitments in Hong Kong. Joe Bravo will replace the international star aboard the Ward trainee, who is rated at 6-1 on the morning line.
Dew Sweepers’ Pot’s Right has been installed as the 2-1 morning-line favorite in a field of nine fillies on the strength of her debut victory at Keeneland. The daughter of Bolt d’Oro overcame a slow start to rally for a 1 ½-length debut victory in a 4 ½-furlong maiden test on dirt.
The Phillip Antonacci-trained filly returned to Palm Meadows to become acquainted with turf during a four-furlong breeze last Friday.
Luis Saez will ride Pot’s Right for the first time on Saturday.
Arindel’s Boots, an impressive 3 ½-length winner of her 4 ½-furlong debut at Gulfstream April 16, is rated second on the morning-line for her turf debut in the Royal Palm Juvenile Fillies. The homebred daughter of Brethren, who debuted for trainer Jorge Delgado, will make her first start since being transferred to Carlos David.
Samy Camacho has the return call on Boots.
Hall of Fame trainer Mark Casse will be represented by D.J. Stable LLC’s Pros and Cons and Gary Barber’s Sass Sass, in the Royal Palm Juvenile Fillies. Pros and Cons, a $375,000 son of Triple Crown champion Justify, and Sass Sass, a homebred daughter of War of Will, will both make their debuts on Saturday.
Edwin Gonzalez has the call on Pros and Cons, while Martin Chuan will ride Sass Sass.
Mark B. Davis’s Dee Snook, an Irish-bred daughter of Sioux Nation trained by Doug O’Neill, and John Franklin and Diane Franklin’s Mo Town Foxy Brown, a Saffie Joseph Jr.-trained daughter of Mo Town, are entered to make their respective debuts.
Leonel Reyes has the mount on Dee Snook, while Nick Juarez has the call on Mo Town Foxy Brown.
Teresa and David Palmer’s Liberty Rings enters the Royal Palm Juvenile Fillies off a rallying third-place finish, beaten by a half-length, on her debut on dirt at Gulfstream on April 19.
Miguel Vasquez has the return mount on the Nicholas Palmer-trained daughter of Awesome Slew.
Key takeaways from the Royal Palm>
- Winners of Gulfstream Park’s Royal Palm Juvenile Stakes (fillies’ and colts’ contests) receive free entry & travel stipends to any of Royal Ascot’s two-year-old races (six to choose from).
- Now in its fourth year, Gulfstream Park’s Royal Palm Juvenile Series started with a bang in 2023’s fillies’ division when Crimson Advocate landed a rare transatlantic double, before 2024 Juvenile victor Gabaldon finished second in the Windsor Castle Stakes.
- Five of the six Royal Palm winners have subsequently taken up their Royal Ascot engagements (with Lennilu and Sandal’s Song flying the flag by both recording third-placed finishes in 2025).
- Crimson Advocate was also subsequently bought by Wathnan Racing, rehomed in the UK, before going on to win last year’s Duke of Cambridge Stakes, demonstrating the long-term prospects of these juveniles.
The post Weaver and Ward target more Royal Ascot glory via the Royal Palm Juvenile Stakes at Gulfstream Park appeared first on Americas iGaming & Sports Betting News.
Odditt has announced the commercial launch of its B2B betting content platform. Powered by the same technology behind its consumer app, Betflow, the new content engine helps sportsbook operators, prediction markets, platform providers, DFS companies, and affiliates deliver parlays and automated betting content at scale.
Parlays are the highest-margin product in sports betting, but the volume of pre-built options on most platforms is a fraction of what users could engage with. Odditt produces more than 100,000 ready-to-deploy parlays and individual betting opportunities each day across 115+ leagues in 45 countries.
Each wager is paired with supporting context such as statistical trends, storylines, fun facts, and narrative angles.
“Operators know this is a problem. Most just don’t have the infrastructure to solve it at scale. We built the missing layer between odds feeds and end users. Once every bet has context, the entire sportsbook becomes more dynamic,” said Odditt’s CEO and Co-Founder Matt Bresler.
The engine supports more than 900 betting markets and is available through embeddable widgets, scrollable feeds, or API integrations. Content can be customized by brand and filtered across thousands of categories, including weather, streaks, rivalries, player bios, and team metadata.
Odditt’s CTO and Co-Founder, Elaine Milardo, was DraftKings’ first data hire and helped scale its data organization from one employee to more than 100 engineers through the company’s IPO.
“The challenge is no longer just about setting odds. It’s turning them into content users actually want to engage with, and doing it every day at scale. That’s what we built,” said Milardo.
Betflow was unveiled in late fall of last year and has already surpassed 6000 users and 1 million bets explored. Odditt says multiple customers are currently testing the platform.
The company is also raising a $1.5 million seed round to accelerate integrations and scale sales and engineering.
The post Odditt Launches its B2B Betting Content Platform appeared first on Americas iGaming & Sports Betting News.
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