In other words, it seems that online gambling has the capacity to surpass estimates, and general gambling, the opposite. Our sources state that it managed to reach over US$ 53 billion. Talking about estimates, 2019 was expected to generate US$ 43.2 billion for the online gambling sector. If it were not for Covid-19, we could expect levels at least near US$500 billion by 2023. The fact is, they would mostly overestimate the increase in revenue, usually 3-4x lower than expected.Įven so, disregarding the pandemic impact, it is a fact that gambling is growing all around the world. Mostly, institutions and consultancy companies would estimate 4-6% growth on a yearly basis. It is also noteworthy that all information regarding estimation was not correct, even before the crisis. Those with an (*) indicate that such values may never occur, as the 2019 levels may not recover before 2023.

Keep in mind the losses from 2019 onwards represent the impact of the Covid-19 pandemic. However, let us get familiarized with how the revenue is divided for both general and online gambling.Īll the years with an “E” added to them represent that there is still not enough data to state the total gambling revenue. It is clear that there is a lot of people gambling from the three-digit billion figure. We are sure you are curious to understand how the data above looks like when illustrated. In order to better explain and show how the entire gambling industry is evolving, we created charts and graphics for your visualization.

Whats the biggest casino in the world