Europe’s gambling revenues expected to grow 7.5% in 2021, down 13% on pre-pandemic levels
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Europe's gambling revenues expected to grow 7.5% in 2021, but it's down 13% on pre-pandemic levels. Europe's land-based gambling revenue is down by 32% compared to 2019 levels, due to the Covid-19 pandemic-related restrictions. Mobile betting is taking over the online gambling market. Online gambling will reach 41% of Europe’s total gambling Revenue by 2026. The share of bets from mobile devices will account for the majority of all online bets for first time.
There are 29 million online customers with a combined gambling revenue of €179 billion. Sports betting accounted for 45.9% of GGR, followed by casino on 42%. Pre-match betting now accounts for 54% of sports betting G GR. Europe’s gambling revenues expected to grow 7.5% in 2021.
Combined €10.9bn in online gambling revenue was generated in Europe. Sports betting accounted for 45. 9% of GGR, followed by casino on 42%.
Europe’s gambling revenues expected to grow 7.5% in 2021. 29 million online customers processed 97.1 billion customer bets/stakes with a combined value of €179bn. €168.2bn was returned to customers with an average return to player rate of 94.0%.
Europe's gambling revenues expected to grow 7.5% in 2021. Pre-match betting accounts for 54% of sports betting GGR.
