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The global online gambling market reached a value of about USD 71.60 billion in 2023. The market is projected to grow at a CAGR of 11.40% in the forecast period of 2024-2032 to reach around USD 189.18 billion by 2032.
bet365, Flutter Entertainment plc, 888 Holdings Plc, Kindred Group plc, Entain plc, and WHG (International) Limited., among others, are the major players in the global online gambling market.
The global online gambling market reached a value of about USD 71.60 billion in 2023. The market is projected to grow at a CAGR of 11.40% in the forecast period of 2024-2032 to reach around USD 189.18 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by technological advancement in the field of online gambling.
Online gambling is rising in popularity as a form of entertainment owing to the establishment of online casinos combined with technological advancements. Online betting companies are providing consumers with a range of games and betting options. A significant trend in the online gambling market is the adoption of mobile gambling. With the penetration of the internet and the rise in the number of people using smartphones and tablets, online gambling companies are investing in developing their mobile platforms.
The use of advanced technologies, such as virtual and augmented reality in online gambling are creating a highly immersive and engaging experience for players, propelling the online gambling market growth. Artificial intelligence is also helping companies personalise the gaming experience of consumers as well as improve customer service. For instance, AI-powered chatbots provide 24/7 customer service by answering common questions and resolving issues in real-time. AI algorithms can also be used to analyse player data to create personalised offers and promotions.
There is also a growing demand for safe gambling among consumers. Operators need to take the necessary steps to ensure their customers are protected from harm. To ensure the safety of gambling platforms, companies are thus providing tools such as setting deposit limits and self-exclusion options to help players manage their gambling habits. As the online gambling market continues to evolve, regulators and operators are collaborating to create a safe, responsible, and sustainable gambling environment for participants.
Headquarters: | England, United Kingdom |
Establishment: | 2000 |
Website: | https://www.bet365.com/ |
bet365 is a leading online gambling company specialised in online casinos, sports betting, poker, bingo, and games. It is also engaged in innovation, research, and development, providing efficient customer service, and responsible gambling. The company delivers its services to over 90 million customers in 22 languages. The company’s In-Play betting product and sports live-streaming service covers 750,000 events annually.
Headquarters: | Dublin, Ireland |
Website: | http://www.flutter.com |
Flutter Entertainment plc is a global gaming, sports betting, and entertainment provider. The company has more than 18 million customers globally. Flutter is the parent company of consumer brands, including FanDuel, Sky Betting & Gaming, Sportsbet, Tombola, Paddy Power, Betfair, TVG, Adjarabet, PokerStars, and Sisal. The company operates a divisional management and operating structure to earn profits. Each division is responsible for growth in its respective markets.
Headquarters: | Gibraltar, United Kingdom |
Establishment: | 1996 |
Website: | https://corporate.888.com/ |
888 Holdings Plc is one of the world’s leading betting and gaming companies. The group develops state-of-the-art technology and content-rich products to provide fun and safe betting and gaming entertainment to customers. 888 Holdings Plc owns and operates well-known brands, including 888casino, 888sport, 888poker, Mr Green, and William Hill. The company also operates the SI Sportsbook and SI Casino brands in the United States in collaboration with Authentic Brands Group.
Headquarters: | Sliema, Malta |
Establishment: | 1997 |
Website: | https://www.kindredgroup.com/ |
Kindred Group plc is an online gambling operator with businesses across Europe, the United States, and Australia. The company offers a safe entertainment environment to over 30 million customers across 9 brands, globally. Kindred has offices in 13 locations and leads development in areas, such as technology, mobile solutions, sustainable gambling, and new product launches.
Headquarters: | Isle of Man, United Kingdom |
Establishment: | 2020 |
Website: | https://www.entaingroup.com/ |
Entain plc is a sports betting and gaming provider specialised in online gaming, gambling, poker, bingo, casino, and sports betting. The company has a global presence with over 30 brands and offices in 19 countries. Entain’s 2022 revenue amounted to more than USD 5 billion. The Entain Platform is the company’s integral technology driving its performance. The platform helps Entain deliver organic growth as well as successfully execute merger and acquisition strategies.
Headquarters: | Gibraltar, United Kingdom |
Establishment: | 1934 |
Website: | www.williamhill.com |
WHG (International) Limited is an online gambling company. The company provides consumers with a definitive betting experience on mobile phones and tablets through its William Hill app. The company offers consumers various online games, including live casino, bingo, and poker. WHG (International) Limited offers its consumers an interactive online gambling platform.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124