
The global online gambling industry is on the cusp of dramatic expansion, projected to surge by almost 50% over the next five years. According to recent insights from Mordor Intelligence, the market is expected to grow from its current valuation of $103 billion to an impressive $169 billion by 2030. This anticipated growth corresponds with a robust compound annual growth rate (CAGR) of 10.44% from 2025 through 2030.
Driving Forces Behind Market Expansion
A pivotal factor propelling this expansion is the increasing legalization of online betting across numerous countries. As governments worldwide revisit and revise their gambling laws, more regions are opening their doors to regulated online casinos and sports betting platforms. In the United States, states such as Nevada, Pennsylvania, Michigan, and New Jersey lead the charge, offering a variety of regulated online gambling options overseen by entities like New Jersey’s Division of Gaming Enforcement. Similarly, in Europe, individual nations are crafting their legislation, allowing for a tailored approach to online gambling regulation.
Emerging technologies are playing a crucial role in reshaping the landscape of online gambling. Innovations like artificial intelligence (AI) and virtual reality (VR) are not just enhancing the user experience but are also contributing to market growth. Virtual reality, in particular, promises to revolutionize how users engage with online casinos by providing immersive, realistic gambling experiences from the comfort of home. On the backend, AI is being harnessed to boost user engagement and ensure responsible gambling practices, offering predictive tools that can mitigate problematic betting behaviors.
Regional Insights and Market Leaders
In Europe, the online gambling market is anticipated to nearly double, climbing from $58 billion in 2025 to $98 billion by 2030. Denmark spearheaded regulatory changes in 2012, with Germany following suit by introducing online gambling licenses in 2021. The UK remains a powerhouse within this sector, holding a substantial 31% share of the market in 2024, regulated by the Gambling Commission.
The Asia-Pacific region, particularly Australia, exhibits some of the highest gambling participation rates globally. The Philippines and India are also emerging as significant players within the online gambling scene. In Latin America, the market is gaining momentum as well, with Colombia, Brazil, and Mexico recognized for their burgeoning online gambling landscapes. Colombia stands out with one of South America’s most comprehensive regulatory frameworks for online gambling, setting the stage for further regional growth as internet use and regulatory reforms continue to evolve.
Sports betting holds the lion’s share of the global online gambling market, comprising 51% of the sector in 2024. Football betting, in particular, is a major contributor to this dominance. As the market continues to expand, sports betting is expected to maintain its significant presence, bolstered by technological advancements and growing global interest.
As online gambling continues to grow, the industry’s future looks increasingly digital, driven by legal reforms and cutting-edge technology. With market leaders emerging across various regions and new trends like VR and AI on the horizon, the next decade promises transformative growth for the online gambling sector.
Source:
''Online Gambling Market Growth - Industry Analysis, Size & Forecast Report (2025 - 2030)'', mordorintelligence.com, January 2025.