As we approach the end of 2024, it's time to assess global trends in the gambling sector. Here’s what we found...
🔑 Key Metrics:
Total revenue for 2024 is projected to reach $160.4 billion, with an anticipated rise to $183.3 billion in 2025 and $263.5 billion by 2029.
✔️ Growth Rates by Segment:
🌍 Income Distribution by Region in 2024:
Europe and North America are set to retain their dominant positions, while Asia and Africa are expected to experience continued growth.
🎰 Revenue Breakdown by Segment in 2024:
The gambling industry is demonstrating consistent growth, particularly in sports betting and casinos. The market is projected to keep expanding in the coming years, especially in Asia and Africa.
Total revenue for 2024 is projected to reach $160.4 billion, with an anticipated rise to $183.3 billion in 2025 and $263.5 billion by 2029.
✔️ Growth Rates by Segment:
- Overall annual growth rate: +10.7%
- Casino: +11.8%
- State lotteries: +11.6%
- Bingo: +9.2%
- Poker: +7.2%
- Sports betting remains the largest segment, expected to grow by +10.8% over the next five years.
🌍 Income Distribution by Region in 2024:
- Europe: 40.4%
- Asia/Middle East: 24.8%
- North America: 21.2%
- Latin America/Caribbean: 5.9%
- Africa: 3.2%
Europe and North America are set to retain their dominant positions, while Asia and Africa are expected to experience continued growth.
🎰 Revenue Breakdown by Segment in 2024:
- Sports betting: 38.8%
- Casino: 32%
- State lotteries: 11.7%
- Horse racing bets: 11.5%
- Bingo: 2.6%
- Poker: 2.4%
The gambling industry is demonstrating consistent growth, particularly in sports betting and casinos. The market is projected to keep expanding in the coming years, especially in Asia and Africa.