Global revenue in the gambling market is expected to surpass $500 billion by 2030, according to data analyzed by Statista.
The total gambling market comprises wagering activities such as sports betting, casinos and lottery games, all either online or in physical venues, and by the end of 2025, a total of $449.7 billion is expected to be reached.
This marks a 5.5% revenue increase from 2024. Furthermore, the annual growth rate between 2025 and 2030 is expected to increase by 3.05%, thus resulting in a projected market figure of $522.6 billion in just five years.
The USA is the biggest source of revenue growth in the world, with the nation generating $121.3 billion this year alone. Despite there being many different areas of gambling revenue, the casino and casino games market is the most profitable, with a figure of $226.9 billion generated by that industry in 2025.
By 2030, the number of users is expected to reach nearly 2 billion, with one key trend contributing to this figure.
The rise of mobile gambling could explode in the next five years
The global gambling market is undergoing a major shift, and this is expected to change further between now and 2030.
Casinos and physical betting shops are still going to be available for bettors, but more and more people are using mobiles and mobile casino apps to gamble.
“One of the key trends in the online gambling market is the rise of mobile gambling. With the increasing penetration of smartphones and the availability of high-speed internet, more and more players are using their mobile devices to access online gambling platforms,” added an industry analyst following the results projected by Statista.
“This trend has opened up new opportunities for operators to reach a larger customer base and offer a seamless gambling experience on the go. Another trend in the market is the integration of social elements into online gambling platforms.
“Many operators are incorporating social features such as chat rooms and leaderboards to enhance the interactive nature of online gambling. This not only adds a social aspect to the experience but also encourages player engagement and loyalty.”
Statista may project the global gambling market to hit about US $449.7 billion in 2025 and more than US $522 billion by 2030, but there are some important caveats to keep in mind. The figures are based on Gross Gambling Revenue from B2C operators and only count users who made at least one online purchase in the past year, which naturally limits who gets included.
The market estimates are built from the ground up using company reports, third-party research, consumer surveys and country level data like GDP and internet speeds, and the forecasts rely on models such as S-curves and trend smoothing.
They also assume steady regulation and ongoing growth in internet access, mobile use and online engagement. So while the numbers give a good sense of where the market might be heading, they should be seen as well-informed estimates rather than exact predictions, especially given how easily the industry can shift with economic, political or regulatory changes.
Featured Image: AI-generated via Ideogram
The post Global revenue in the gambling market ‘expected to reach $500B by 2030,’ data suggests appeared first on ReadWrite.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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