Since 2003, the main trend in the gambling business is a steady growth of the iGaming sphere. The niche’s development and increase in profitability will continue in the future.
Casino Market experts have analysed gambling numbers provided by H2 Gambling Capital. We will discuss the world indicators of the field and expectations until 2027.
Rising Incomes
According to the specialists' projections, by the end of 2022, the online market yield will exceed € 100 billion. The figure will continue to rise, with an estimated 11% over the next 5 years. So, the industry’s income in 2027 will be more than € 170 billion.
When considering specific niches, their parts to total income are:
- sports betting — 30%;
- casinos — 27%;
- race wagering — 23%.
In a 5-year time frame, online bookmakers' incomes will increase by almost 10%, resulting in a gross profit of over € 86 billion. The revenues from bets during games and before them are expected to grow by more than 13% and 8%, respectively.
The Covid-19 pandemic has a significant contribution to the situation and leads to the fact that the online business share will be a third of the whole market by 2027. In 2019, digital gambling formed just over 14%.
Geographic Data
In 2022, the profit from the iGaming regional divisions will look like this:
- Europe — 46%;
- East — 26%;
- North America — 18%;
- Oceania — 6%;
- Latin America, Caribbean — 2%;
- Africa — 2%.
Two of the most ambitious markets of the gambling industry are the United States and Canada. Their approximate percentage increase over 5 years will be from 18% in 2022 to 27% in 2027.
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