Global Gambling Market to Reach $1 Trillion by 2030

Dublin, April 09, 2024 (GLOBE NEWSWIRE) — The “Gambling – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.

The global market for Gambling estimated at US$773.7 Billion in the year 2023, is projected to reach a revised size of US$1 Trillion by 2030, growing at a CAGR of 3.7% over the analysis period 2023-2030.

Lottery, one of the segments analyzed in the report, is projected to record 2.8% CAGR and reach US$411.5 Billion by the end of the analysis period. Growth in the Betting segment is estimated at 4.6% CAGR for the next 8-year period.

Key Market Trends & Drivers

  • Mobile Gambling Takes Center Stage
  • Gambling Apps Contribute to the Rising Popularity of Online Casinos
  • Online Casinos Attract Broader Demographics
  • Cyberattacks Emerge as a Key Concern for Online Casinos
  • Use of Smartwatches for Placing Bets and Improve iGaming Experience Gains…



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