The ten countries with the biggest online gambling revenues
Gambling has existed for millennia, but only recently it has become one of the most prominent sources of entertainment. Gambling is now available to anyone from all across the globe at any moment thanks to the internet.
Gambling has existed for millennia, but only recently it has become one of the most prominent sources of entertainment. Online gambling business has been growing and is now available to anyone from all across the globe. Today you are going to look at ten nations that are raking in big money by betting on the internet.
The world's most prolific gamblers come from countries that are considered the least suspicious. Online gambling is expected to increase at a staggering CAGR of 9.2% between 2020 and 2025. About 1.6 billion people participate in online gambling.
The United States is the world's leading online gambling market thanks to Nevada's open casino sector. In 2013, Nevada, New Jersey and Delaware legalized internet casinos and poker businesses in Nevada.
Gambling is popular in China. Sports betting is the main focus in Macau. Lottery and sports betting bring in an estimated $50 billion in revenue each year. Macaue-based casinos bring an additional $21 billion. VIP players account for two-thirds of that total.
Gross gambling income in France was 12.2 billion euros in 2019. In 2019, approximately 17.4 million French citizens participated in gaming activities. All forms of gaming are permitted and controlled in this country.
Gambling, wagering, and lotteries are all allowed in the United States. Italy's gambling industry wagered 110 billion euros in 2019.
Codere casinos take in an estimated 1.9 billion euros a year from Spanish gamblers. Spain’s gross gaming revenue was $8.8 billion in 2019.
Canadians are more likely to engage in online casino wagering than residents of most other nations. They spend an average of C$750 a year on the pastime.
Germany has the biggest online gambling revenues in the world. In 2019, gaming gross receipts were 14.3 billion euros. The industry expects the income to reach 3.2 billion before 2024.
The United Kingdom has the most stringent gambling laws in the world. The country's gambling revenues are estimated to be $19.2 billion between April 2019 and March 2020. Online gaming accounts for around 40% of that.
Poland is one of the countries with the biggest online gambling revenues. There are hundreds of wagers on casino gambling games and sports betting every day in Poland.
The ten countries with the biggest online gambling revenues are: #10 Japan. Japan is an anomaly among Asian nations as it has a high level of security and a desire for online betting.
Gambling is doing well in terms of betting on traditional and virtual games. Asia-Pacific, North America and Europe remain the top three areas for gambling income by nation.