2023 Global Gambling Statistics and Trends
So far, 2023 has been a very interesting for gamblers, sports betting operators and gambling providers. This is because several new gambling laws have been put in action with several U.S. states making sports betting available. However, how is global gambling doing overall? Find out with our 2023 Global Gambling Statistics and Trends Report.
According to gambling analysts, the global online gambling market will grow from $60 billion in 2022 to $88.65 billion in 2023. However, will the gaming market actually cooperate or will it fall off the mark? In 2022, the CAGR of global gambling was a solid 9.3% for gamblers and operators.
For gaming industry as a whole (gambling providers and support companies) the current worth is around $249 billion. In addition, analysts believe that it will grow to $263.3 billion in 2023. Needless to say, Gambling Software companies, sportsbooks and casinos are hoping to see it increase.
For those thinking about investing in the gambling industry, now is a great time as any. This is because around 26% of the world’s population have made at least one bet in their lifetime. Therefore, it means that about 4.2 billion people. Out of those, 56% of them have made a bet at least once in the past 12 months.
2023 Global Gambling Statistics and Trends – Revenue and Population
Global Gaming Statistics
Interestingly enough, thew U.S. gambling market is the biggest and is worth $600 billion. According to gaming statistics, they did have a huge boost in revenue after sports betting became legal a few years ago. In total, the U.S. has about 58 million active gamblers.
Countries with Highest Gambling Revenue in 2022
Countries with the Highest Number of Gamblers in 2022
|United States||58 Million|
|United Kingdom||29 Million|
Theoretically, China should be in that list as millions of Chinese travel to Macau or South East Asia to gamble. However, it is impossible to estimate the number of gamblers in China that gamble legally or illegally.
2023 Global Gambling Trends
In 2022, the Global Online Gambling Market was worth $90 billion. In addition, gaming experts believe that it will reach $370 billion by 2032 with 10% CAGR. At the moment, there are over 176 million active online gamblers and it could grow to 210 million by 2025.
Poker is also trending with 100 million online poker players in the world. The current worth of the online poker market is around $96.2 billion and will reach $170 billion by 2030.
The Global Sports Betting market was worth around $26.5 billion in 2022. In addition, sports betting analysts believe it will reach $116.7billion by 2032 with a CAGR of 14.2%. This is because of the fast rate of new sportsbooks opening thanks to the sportsbook pay per head industry.
As to the casino industry, there are about 9,000 land casinos around the world with the majority in North America. In fact, there are about 3,451 casinos in Canada, the U.S. and Mexico. Las Vegas is the city with the most casinos with 60 casinos within the city limit. However, the country with the highest casinos density is Macau with 41 casinos.