The online gambling market includes various forms of online wagering activities, such as online sports betting, online casino games, and online lottery games. The regulations vary by country, with some countries allowing all forms of online gambling, while others restrict certain types (i.e., Australia's ban on online casinos and interactive games). However, in general, the market is dominated by a few large operators who offer a wide range of online gambling services to customers around the world.
Online betting involves placing bets on various sports events, such as football, basketball, and horse racing, while online casino games include a range of traditional casino games, such as poker, blackjack, and roulette, that can be played over the internet. Online lottery games involve purchasing tickets for various lotteries, such as national and international lotteries, over the internet.
Data includes revenue figures in Gross Gambling Revenue (GGR), which is the total amount of bets placed by customers minus the amount paid out in winnings, Users, average revenue per user (ARPU), user penetration rate, and online and offline shares of the total gambling market. User and revenue figures represent B2C services.
Online casinos such as Tipico games
Online sports betting such as Bet365
Online poker rooms such as Pokerstars
Online lottery such as Lottoland
Offline gambling activities such as betshops or land-based casinos
Illegal gambling websites and activities
Online trading, investing, or other financial activities that involve a risk of loss
The Online Gambling market in Asia has been experiencing significant growth in recent years, driven by changing customer preferences and the increasing availability of online gambling platforms.
Customer preferences: One of the key factors driving the growth of the Online Gambling market in Asia is the increasing preference for online gambling among customers. The convenience and accessibility of online gambling platforms have attracted a large number of customers who are looking for a convenient way to enjoy their favorite casino games or place bets on sports events. Additionally, the availability of a wide range of games and betting options on online platforms has also contributed to the growing popularity of online gambling in Asia.
Trends in the market: One of the major trends in the Online Gambling market in Asia is the increasing adoption of mobile gambling. With the rapid growth of smartphone penetration in the region, more and more customers are using their mobile devices to access online gambling platforms. This trend has led to the development of mobile gambling apps and optimized websites that offer a seamless and user-friendly gambling experience on mobile devices. Another trend in the market is the growing popularity of live dealer games. Live dealer games provide customers with a more immersive and interactive gambling experience, as they can play against real dealers and interact with other players in real-time. This trend has been particularly popular in countries like China and Japan, where there is a strong demand for realistic and engaging gambling experiences.
Local special circumstances: In some countries in Asia, such as Singapore and Macau, the development of the Online Gambling market has been influenced by local regulations and special circumstances. For example, in Singapore, online gambling is heavily regulated and only a limited number of operators are allowed to offer online gambling services. This has created a more controlled and regulated market environment, which has both advantages and disadvantages for the industry. In Macau, the development of the Online Gambling market has been shaped by the presence of land-based casinos. While online gambling is legal in Macau, the market is dominated by the land-based casino industry, which has a strong influence on the development and regulation of online gambling in the region.
Underlying macroeconomic factors: The growth of the Online Gambling market in Asia is also influenced by underlying macroeconomic factors. The increasing disposable income and rising middle-class population in many Asian countries have contributed to the growing demand for online gambling services. Additionally, the expansion of internet infrastructure and the increasing internet penetration rate in the region have made it easier for customers to access online gambling platforms. In conclusion, the Online Gambling market in Asia is experiencing significant growth due to changing customer preferences, the adoption of mobile gambling, and the popularity of live dealer games. Local regulations and special circumstances in some countries have also shaped the development of the market. Furthermore, underlying macroeconomic factors such as increasing disposable income and internet penetration have contributed to the growth of the industry.
The data encompasses B2C enterprises. Figures are based on Gross Gambling Revenue (GGR) and represent what consumers pay for these products and services. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.
Modeling approach / Market size:
Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies, and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, the urban population, the usage of key players, and attitudes toward online services.
The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.