Market Insights Digital eServices Online Gambling

Online Casinos - Australia

Australia

Revenue in the Online Casinos market is projected to reach 0.00 in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-0) of 0, resulting in a projected market volume of 0.00 by 0.
In the Online Casinos market, the number of users is expected to amount to 0.00 by 0.
User penetration will be 0.00 in 2024 and is expected to hit 0.00 by 0.
The average revenue per user (ARPU) is expected to amount to 0.00.
In global comparison, most revenue will be generated in the United States (€7,016.00m in 2024).
With a projected rate of 35.7%, the user penetration in the Online Casinos market is highest in Canada.

Key regions: Japan, South Korea, United States, India, Europe

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Online Casinos market in Australia has been experiencing significant growth in recent years, driven by changing customer preferences and the local special circumstances in the country.

Customer preferences: Customers in Australia are increasingly turning to online casinos for their gambling needs due to the convenience and accessibility they offer. Online casinos provide a wide range of games, including popular options such as poker, blackjack, and roulette, allowing customers to enjoy their favorite games from the comfort of their own homes. Additionally, online casinos often offer attractive bonuses and promotions, further incentivizing customers to choose this form of gambling.

Trends in the market: One of the key trends in the Online Casinos market in Australia is the increasing popularity of mobile gambling. With the widespread adoption of smartphones and tablets, more and more customers are opting to play casino games on their mobile devices. This trend is driven by the convenience and flexibility that mobile gambling offers, allowing customers to play their favorite games anytime and anywhere. As a result, online casinos are investing in mobile-friendly platforms and developing mobile apps to cater to this growing demand. Another trend in the market is the rise of live dealer games. Live dealer games provide customers with a more immersive and interactive gambling experience, as they can interact with real dealers and other players in real-time. This trend is particularly popular among customers who prefer the social aspect of traditional brick-and-mortar casinos but still want the convenience of online gambling. Online casinos in Australia are increasingly offering live dealer games to cater to this demand and enhance the overall customer experience.

Local special circumstances: Australia has a well-established gambling culture, with a high proportion of the population participating in various forms of gambling. This cultural acceptance of gambling has contributed to the growth of the Online Casinos market in the country. Additionally, the Australian government has implemented regulations that allow for the licensing and operation of online casinos, providing a legal framework for the industry to thrive. This supportive regulatory environment has attracted both domestic and international online casino operators to enter the Australian market.

Underlying macroeconomic factors: The growth of the Online Casinos market in Australia is also influenced by underlying macroeconomic factors. Australia has a strong economy with a high disposable income, allowing customers to spend more on leisure activities such as gambling. Furthermore, the increasing penetration of the internet and advancements in technology have made online gambling more accessible to a wider audience. These factors, combined with the changing customer preferences and the local special circumstances, have contributed to the development and growth of the Online Casinos market in Australia.

Methodology

Data coverage:

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.

Forecasts:

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.

Additional notes:

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.