The Countries with the Biggest Online Gambling Markets
by Brian Wallace Affiliate MarketingGambling, in one form or another, has been around for
thousands of years. However, now, with the rise of online gambling, it has
become one of the most popular sources of entertainment worldwide. There are so
many options available and not all are legitimate - so people head over to
comparison sites such as GoodLuckMate.com to find the best and safest
online casino experience.
Here, we will look at the countries with the biggest online casino and gambling markets in the world.
1: The USA
Although this is a constantly changing market, this is still
the world’s biggest market thanks to the open casino sector of Nevada. It is
one that is growing all the time as more states start to legalise the industry.
Casinos are allowed in a growing number of states, either privately managed or on tribal reservations. In addition, state lotteries are also permitted in most US states.
It was back in 2013 that states started to legalise and regulate online gambling - in Nevada, New Jersey and Delaware. Both New Jersey and Delaware have also legalised online casinos and poker as well. Sports betting online is also becoming more widely available.
This is one of the most exciting markets because the potential keeps on growing!
2: Macau
This is a country which is mainly focused on sports betting
and is known for being China’s only legal gaming jurisdiction.
Because it is so popular with tourists, it has become one of the biggest and best online gambling markets worldwide. Throughout all other parts of China, all forms of betting and gambling have been prohibited.
Casinos in Macau bring in around $21 billion - with the VIP players bringing in two-thirds of that sum.
3: France:
Back in 2019, the gross gambling income of France amounted
to 12.2 billion euros - and the number is growing. Around 17.4 million French
citizens enjoyed online gambling activities during that same year. In
comparison to many other countries in Europe, France is regarded as being one
of the most gambling-friendly with all forms of gambling allowed and controlled
in all regions.
As such, anyone based in France can enjoy live casinos, sports betting, card games and horse racing in any brick-and-mortar gambling establishment. In addition, apart from selected casino games, all types of gambling are also legal online as well.
4: Italy
Back in 2019, the gross gaming revenue in Italy amounted to
$18.1 billion and it keeps on growing. Italy has had a long history with
gambling, going back to Roman times - and this has been in their blood ever
since.
Along with France, Italy is also another European country with pretty lenient rules on online gambling. You can access online casinos, online sports betting, poker and more.
5: Spain
We drop a little here when looking at Spain’s gambling
spending, which totalled $8.9 billion in 2019. However, this is still a huge
worldwide market. Codere casinos earn around 1.9 billion euros every year from
gamblers in Spain - which works out to be around 480 euros per person.
Because it is so popular, the Spanish Gambling Act was designed to supervise Spanish gambling sites and ensure that Spanish players can enjoy online gambling safely as it continues to grow.
6: Canada
Gambling is incredibly popular in Canada - and around 75% of
the legal population partake in online betting regularly, spending about C$750
on this pastime every year. There are numerous online casinos, mainly licensed
by the Kahnawake Gaming Commission in Canada.
7: Germany
Another of the biggest European gambling nations is Germany,
with as much as 14.3 billion euros spent on gaming back in 2019. It is
predicted that German gambling revenues may reach 3.3 billion by the end of
2024 according to current industry projections.
Online casino players in Germany can now access a variety of games such as slots, poker and sports betting.
Although the UK has some of the strictest and toughest
gambling laws in the world, the United Kingdom is famous for having one of the
most financially stable and robust online gambling industries in the world.
In order to operate within the UK, an online gambling company will need to be licensed and regulated by the UK Gambling Commission and needs to work alongside Responsible Gaming companies such as GamStop.
According to the UKGC, the country’s gambling revenues in 2019 totalled $19.2 billion - making it one of the most profitable in the world.
Conclusion: The Biggest Online Gambling Markets
No matter where we look - all around the world gambling and
online gambling keeps getting stronger and the markets continue to grow.
The fact that legislation has become more gambling friendly combined with the improvements in technology means that online gambling has become even more accessible to players from all different regions. However, having said that, Europe, North America and Asia Pacific are still the top areas for gambling income. There will certainly be new names added to the list as legalisation grows and we look forward to seeing who will join the top spenders in the next few years!
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Created on Jul 19th 2022 00:05. Viewed 228 times.