An end-of-year data report by the European Gaming and Betting Association (EGBA), in partnership with H2 Gambling Capital, has stated that Europe’s total gambling revenue is set to increase by 7
An end-of-year information describe by the European Gaming and Betting Association (EGBA), in partnership with H2 Gambling Capital, has stated that Europe’s tot up play revenue is countersink to increase by 7.5% to €87.2bn ($98.5bn) in 2021. This includes a 19% development in the online market. Overall, however, gaming revenue is land past 13% when compared to 2019 as restrictions to land-based gaming remain due to the Covid-19 pandemic.
The describe predicts Europe’s online gambling revenue will increase past 19% this twelvemonth to €36.4bn ($41.1bn) which is inward stark counterpoint to the recent wane inward land-based gambling revenue, down pat(p) past a significant 32% inwards comparability to 2019.
The maturation in online gambling in Europe is expected to see an speedup due to the pandemic, with online porcine gaming revenue is predicted to farm past 9% each year, reaching a crown of 41% by 2026. Another trend that is expecting a evolution inward popularity is that of mobile usage for online gambling, with the apportion of bets from nomadic devices this year countersink to account statement for a absolute majority of Europe’s online bets for the first-class honours degree clip ever. It’s expected that the utilisation of nomadic devices will arrive at 61.5% of all online bets past 2026.
“The growth trend of Europe’s online gambling marketplace continues but in that respect remains important way for online evolution in markets, such as France, Germany, Italy, and Spain, where the online portion out of the amount gaming market is allay comparatively depression despite the online markets in these countries being relatively mature.
"With continued online maturation also comes the responsibleness to ensure the online market place is well-regulated and operators keep to utilise the a la mode(p) online technologies to advance a stronger civilisation of safer gambling,” said Maarten Haijer, Secretary General, EGBA.