By 2025, bookmakers will have made record profits

Publication date: 15 June 2021

By 2025, the revenue from sports betting worldwide will have grown to $106 billion, of which $62 billion will be made online, as the international association IBIA and the consulting company H2 Gambling Capital report. Just compare: in 2019, betting revenue was $74.1 billion, with a total gambling turnover of $490 billion. In the same year, mobile betting overtook computer betting. According to experts, by 2025, the rate of increase in betting turnover will double the growth rate of the gambling industry in general.

What awaits gambling and betting in future up to 2025:

  • The share of football, which now makes up an impressive part of all bets, will decrease with the increasing popularity of other sports disciplines, such as basketball
  • Growth in sports betting, bingo and casino betting turnover. The share of slots in this business will be reduced
  • The Asian and European betting markets will decrease in four years – from 47.2% to 43.2% and from 36.3% to 34.3%, respectively, while the share of North America will grow from 6.7% to 12%.

&nbsp

Did you like the article?

Share it with your friends via favorite social media

Similar posts

SIGMA South America 2026

SIGMA South America 2026

SiGMA South America 2026 — the largest conference and exhibition for iGaming, betting, lotteries, and ...

iGaming in Japan: Audience and Traffic Monetization

iGaming in Japan: Audience and Traffic Monetization

Japan is not a market for international iGaming operators in the traditional sense. It is ...

Top Bookmakers in LatAm

Top Bookmakers in LatAm

The betting market in Latin America is developing at a rapid pace and becoming one ...

Read more

Today, the American iGaming market is perceived as one of the most technologically advanced and …

For participants and organizers of iGaming conferences, stable and fast internet is not just a …

The betting market in Latin America is developing at a rapid pace and becoming one …

3S.INFO has compiled a selection of the best books on betting. This useful and engaging …

iGaming in Asia is rapidly evolving thanks to technological innovations, mobile platforms, live betting, and …

How did experience and many years of development in the gaming and gambling industry contribute …

Which bookmakers are the best in the world? Choosing a bookmaker should be based on …

An affiliate license is an official document or registration confirming the right of a partner …

Which betting companies are included in the ranking of the best bookmakers in Russia? The …