Europe’s gambling revenues will increase 7.5% in 2021, but down significantly on pre-pandemic levels
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Europe's gambling revenues will increase 7.5% in 2021, but down 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 is expected to grow 9% yearly and reach 41% of Europe’s total gambling Revenue by 2026. EU-27 and UK members account for 36% of the global online betting revenue.
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 will increase 7.5% in 2021, but down significantly on pre-pandemic levels.
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 will increase 7.5% in 2021. 29 million online customers processed 97.1 billion customer bets/stakes with a combined value of €179bn. They returned €168.2bn in winnings to customers with an average return to player rate of 94.0%.
Europe's gambling revenues will increase 7.5% in 2021. Pre-match betting accounts for 54% of sports betting GGR.
