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Gambling in the USA

Game On: Global Online Bingo Gambling Market Size Is Set to Surpass USD 145.43 Billion by 2030 | Forecasting the Tremendous Expansion

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Zion Market Research has published a new research report titled “Online Bingo Gambling Market By End-User (Social Exuberant, Gambling Enthusiasts, And Others), By Device (Mobile And Desktop), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.

“According to the latest research study, the demand of global Online Bingo Gambling Market size & share in terms of revenue was valued at USD 60.01 billion in 2022 and it is expected to surpass around USD 145.43 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 11.70% during the forecast period 2023 to 2030.”

What is Online Bingo Gambling? How big is the Online Bingo Gambling Industry?

Report Overview:

The global online bingo gambling market size was worth around USD 60.01 billion in 2022 and is predicted to grow to around USD 145.43 billion by 2030 with a compound annual growth rate (CAGR) of roughly 11.701% between 2023 and 2030.

The online bingo gambling industry encompasses several online platforms and services that offer online bingo games for real money transactions. It involves provisions and space for virtual bingo games, where players can participate in a digital format from their computers, smartphones, or other internet-enabled devices. There are several bingo gambling variations present in the industry including 75-ball bingo, 90-ball bingo, and other variants. This involves the players purchasing virtual bingo tickets or cards and marking off the numbers when called, aiming to achieve the winning pattern before anyone else in the virtual room. Online bingo operators provide the technological infrastructure, software platforms, and user interfaces necessary for players to participate in the games. They also offer secure payment processing measures, promotional incentives, and customer support.

Our Free Sample Report Consists of the Following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
  • About 224+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on Request
  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
  • Zion Market Research research methodology

Global Online Bingo Gambling Market: Growth Factors

The global online bingo gambling market is projected to grow owing to the convenience and accessibility related to these games. Players have access to the games all day and 7 days a week. They can play the games from anywhere including their homes, while traveling, or during any other activity. Furthermore, online bingo gambling is a form of social interaction since most of these platforms incorporate chat features that allow players to interact with one another. This social aspect of virtual gaming has proven to be effective in attracting more consumers to the market since it creates a sense of belonging and fosters a more engaging experience.

The online bingo gambling industry is also expected to benefit from the several varieties of gaming options available on the internet. This includes different themes, patterns, and prize structures and hence becomes more lucrative to a wider range of audience. The introduction of innovative features, such as progressive jackpots and bonus games, has also contributed to the market growth. Online bingo gambling sites provide attractive bonuses and promotions to retain more players. This includes sign-up bonuses, free bingo tickets, cashback offers, and loyalty rewards which may not be available in physical bingo gambling centers.

The global online bingo gambling industry is expected to witness certain growth restrictions owing to the growing competition from other online gambling activities. Furthermore, like any other such activity, online bingo gambling also poses a threat of addiction and the problems that arise due to it. Some individuals may develop addictive behavior and struggle to control their habits. Additionally, online gambling requires the presence of a robust and secure technological infrastructure and events such as server outages, software glitches, or cybersecurity threats could damage market reputation.

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Mobile gaming may provide growth opportunities while competition and saturation could challenge market growth.

Report Scope

Report Attribute Details
Market Size in 2022 USD 60.01 billion
Projected Market Size in 2030 USD 145.43 billion
CAGR Growth Rate 11.70% CAGR
Base Year 2022
Forecast Years 2023-2030
Key Market Players 888 Holdings, Kindred Group, Bet365, GVC Holdings, Gamesys Group, Jackpotjoy, Mecca Bingo, Foxy Bingo, Gala Bingo, Tombola, Paddy Power, Ladbrokes, William Hill, Unibet, Playtech, Microgaming, Virtue Fusion, Jumpman Gaming, Rank Group, Stride Gaming, Daub Alderney, Bwin, Stars Group, Dragonfish, and Relax Gaming amongst many others.
Key Segment By End-User, By Device, and By Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
Purchase Options Request customized purchase options to meet your research needs. Explore purchase options

Online Bingo Gambling Market: Segmentation Analysis

The global online bingo gambling market is segmented based on end-user, device, and region.

Based on end-user, the global market segments are social exuberant, gambling enthusiasts, and others. The industry witnessed the highest growth in the gambling enthusiasts segment. They are people who showcase an extreme passion for different forms of gambling. They tend to enjoy the thrill of taking risks, the competitive aspect of the game, and the potential monetary rewards. Social exuberant are people who enjoy participating in online bingo gambling activities due to community engagement prospects. They primarily enjoy interacting with other players present in the chat rooms and building higher connections with them. They tend to prioritize the social experience over the monetary aspect of gambling. The last category includes people who are casual players, occasional gamblers, and individuals seeking entertainment or relaxation. The total gambling market in Europe was close to 81 billion euros in 2020 as per Statista.

Based on device, the global online bingo gambling market is divided into mobile and desktop. The former segment registered the highest growth in 2022 due to the growing population that is attracted to mobile platforms due to several reasons. For instance, many people use smartphones and tablets to play these games as they offer ease of use. They are portable devices and can be used on the go. Players can access their favorite bingo games anytime and anywhere, allowing for greater flexibility and accessibility. These platforms also offer features like touch-screen controls and intuitive interfaces that enhance the gaming experience. The desktop segment is also crucial to industry growth as there is a significant share of consumers who use these tools to play the game. A recent report stated that nearly 80.1% of all online gamblers use mobile phones for these services.

The global Online Bingo Gambling market is segmented as follows:

By End-User

  • Social Exuberant
  • Gambling Enthusiasts
  • Others

By Device

  • Mobile
  • Desktop

Competitive Landscape

Some of the main competitors dominating the global Online Bingo Gambling market include –

  • 888 Holdings
  • Kindred Group
  • Bet365
  • GVC Holdings
  • Gamesys Group
  • Jackpotjoy
  • Mecca Bingo
  • Foxy Bingo
  • Gala Bingo
  • Tombola
  • Paddy Power
  • Ladbrokes
  • William Hill
  • Unibet
  • Playtech
  • Microgaming
  • Virtue Fusion
  • Jumpman Gaming
  • Rank Group
  • Stride Gaming
  • Daub Alderney
  • Bwin
  • Stars Group
  • Dragonfish
  • Relax Gaming

 Key Insights from Primary Research:

  • According to the analysis shared by our research forecaster, the Online Bingo Gambling market is likely to expand at a CAGR of around 11.70% during the forecast period (2023-2030).
  • In terms of revenue, the Online Bingo Gambling market size was valued at around US$ 60.01 billion in 2022 and is projected to reach US$ 145.43 billion by 2030.
  • The online bingo gambling market is projected to grow at a significant rate due to the increasing internet access.
  • Based on end-user segmentation, gambling enthusiasts were predicted to show maximum market share in the year 2022.
  • Based on device segmentation, mobile was the leading device in 2022.
  • On the basis of region, Europe was the leading revenue generator in 2022.

Key questions answered in this report:

  • What is the market size and growth rate forecast for Online Bingo Gambling industry?
  • What are the main driving factors propelling the Online Bingo Gambling Market forward?
  • What are the leading companies in the Online Bingo Gambling Industry?
  • What segments does the Online Bingo Gambling Market cover?
  • How can I receive a free copy of the Online Bingo Gambling Market sample report and company profiles?

Key Offerings:

  • Market Size & Forecast by Revenue | 2023−2030
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis By End-User, By Device, and By Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)

Regional Analysis:

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Europe is expected to generate the highest growth in the global online bingo gambling market due to the favorable government regulations surrounding the access and consumption of such portals. Furthermore, there are several players present in the regional industry especially in the United Kingdom. They have adopted strategic marketing and advertising activities to ensure the retention of a higher number of players. Since these portals offer lucrative money-winning opportunities by just playing the games remotely, more people are attracted to online bingo gambling as the game is also considered to be less difficult as compared to other gambling events.

In North America and especially the US, every state has specific laws in terms of online gambling and Canada seems to be more permissive allowing more market player entry. Cultural preferences and social dynamics influence the online bingo market in different Asian countries.

By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Recent Developments

    • In April 2022, Focus reported that the Indian state of Telangana was rethinking its 2017 ban on online gambling since the regional authorities think that it can be a significant source of employment in the region
    • In April 2023, Buzz Bingo announced the launch of an online website for its casino. For this move, the company has partnered with Playtech
    • In December 2021, BetMGM launched Borgata Bingo online in the state of New Jersey giving players access to 75-ball real money online bingo product

Gambling in the USA

BMM INNOVATION GROUP SHOWCASES ITS SUPPORT FOR TRIBAL SOVEREIGNTY AT INDIAN GAMING CONFERENCE & EXPO MARCH 31 – APRIL 3 AT SAN DIEGO CONVENTION CENTER

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Company to sponsor, attend, and speak at the San Diego, California show.

BMM Innovation Group (“BMM,” “BIG Group,” or “BIG”), a technology conglomerate focused on product compliance testing, cybersecurity solutions, and virtual training for the global gaming industry, today announced its sponsorship and participation in the Indian Gaming Association’s (“IGA”) annual IGA Conference & Expo, March 31-April 3 at the San Diego Convention Center.

With over three decades of experience supporting Tribal gaming, BIG will be on-site as sponsors, speakers, and attendees to reinforce the Company’s steadfast commitment to Tribal sovereignty and self-regulation.

Proud Partners in Tribal Progress

The BIG Group’s Chairman, President, and Chief Executive Officer Martin Storm said, “BMM proudly partners with Tribal governments, Tribal casinos, and Tribal gaming equipment and technology suppliers to advance Tribal sovereignty, self-determination, and economic development. We are honored to continue supporting the growth and integrity of Tribal gaming through our trusted product compliance services, world-class training and virtual education, and our cybersecurity solutions to protect Tribal enterprises.”

BMM’s long-standing relationships with Tribal gaming suppliers and regulators are at the heart of its mission. As active members of IGA and other key Tribal organizations, BIG is committed to elevating Tribal voices and ensuring Tribal interests remain at the forefront of industry growth.

BIG Group Shares Thought Leadership on Conference Panels and Trainings

  • In addition to sponsoring and attending, the BIG Group’s expert thought leaders will speak and provide in-person training at the conference:
  • Tuesday, April 1 at 9 am: Innovation vs. Regulation: Keep Pace with Emerging Gaming Technologies – Sean Mason, Senior Director of Tribal Services
  • Tuesday, April 1 at 4 pm: Gaming and Cyber Risk Best Practices – Mitigate Risk and Sleep Better at Night – Heather Lee, Senior Director of Sales for BIG Cyber
  • Wednesday, April 2 at 9 am: Level III Commissioner Certification Training – Peter Nikiper, Director of Technical Compliance

Unmatched Expertise in Product Compliance and Certification

As a trusted testing laboratory for Tribal gaming jurisdictions across North America, BMM’s focus is fairness, integrity, and security in every gaming environment. IGA attendees are invited to connect with BMM experts to learn more about the Company’s comprehensive product compliance programs.

Education & Training for Long-Term Success

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BIG continues to empower Tribal gaming employees through exclusive education and training programs, including free access to RG24seven Virtual Training. These knowledge-sharing initiatives are designed to support responsible gaming, regulatory compliance, and the long-term sustainability of Tribal gaming operations.

Cybersecurity Solutions Tailored for Tribal Gaming

The BIG Group is focused on bolstering cybersecurity defenses for Tribal enterprises through its BIG Cyber services, which includes penetration testing, vulnerability assessments, PCI:DSS evaluations, and a host of managed security services featuring CYREBRO’s Security Operations Center, KnowBe4’s security awareness training, and Maxxsure’s risk management platform.

 

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Gambling in the USA

Bruce Smith Enterprise and The Cordish Companies Break Ground on New Live! Casino & Hotel in Petersburg, Virginia

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Bruce Smith Enterprise and The Cordish Companies Break Ground on New Live! Casino & Hotel in Petersburg, Virginia

 

Bruce Smith Enterprise and The Cordish Companies celebrated the groundbreaking of the new LIVE! CASINO & HOTEL VIRGINIA in Petersburg. The milestone officially commences construction on a transformative project that will generate billions of dollars in economic benefits and spinoff development, create thousands of new jobs, and set a new standard for gaming, hotels, and entertainment in the Commonwealth. Live! Casino & Hotel Virginia is part of a larger $1.4 billion master plan by the partnership, scheduled to be developed in phases, that will bring a world-class mixed-use resort destination to Petersburg.

Executives from Bruce Smith Enterprise, The Cordish Companies, and Cordish Gaming were joined by Petersburg City Mayor Sam Parham and members of Petersburg City Council, Virginia State Senator Lashrecse Aird, Virginia State Delegate Kim Taylor, and many other business and community leaders at the project site in Petersburg. The development site, ideally located on Brasfield Parkway at the intersection of Wagner Road and Interstate I-95 just 20 miles south of Richmond, will provide easy access on and off the East Coast’s major north-south interstate.

“It has been a source of immense satisfaction and pride to partner in this incredible development. For far too long people have simply driven by the City of Petersburg, but today marks the beginning of a new era in which Petersburg will become a prime destination. This pivotal project will ignite tourism, create jobs, and ultimately deliver on the promise of greater opportunity and upward mobility for local families. As a champion of Petersburg and its residents, I am happily confident that this historic development will uplift, empower, and enrich this community for years to come,” said Bruce Smith, founder of Bruce Smith Enterprise.

Live! Casino & Hotel Virginia is slated to open in 2027. A temporary gaming facility will open by the end of 2025 to immediately begin creating an estimated 500 new jobs, vendor opportunities and economic benefits for the City. In its first 10 years, the project is expected to generate $2.8 billion in economic stimulus to the region; $504 million in tax revenues including $240 million to the City of Petersburg; $802 million in economic benefits during construction; $201 million in annual economic benefits each year after opening; and 7500 new jobs including 6100 during construction and 1400 new permanent jobs.

“Today marks a monumental day for The Cordish Companies as we expand our Live! brand into the Central Virginia region with the development of Live! Casino & Hotel Virginia. Our company is a national leader in successfully developing and managing large-scale urban revitalization projects across the country. Live! Casino & Hotel will be a transformative development that will bring a world-class gaming and entertainment experience to millions of visitors, create significant new jobs, and generate millions of dollars in economic benefits for the community that will provide a beneficial impact for generations. We look forward to making an immediate impact on the region with the construction of a temporary gaming facility that will be operational before the end of 2025, so that we can begin creating jobs, vendor opportunities and economic benefits for the City,” said Zed Smith, Chief Operating Officer for The Cordish Companies.

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Gambling in the USA

PENN Entertainment Launches Stand-alone Hollywood Casino App in New Jersey

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PENN Entertainment announced that its stand-alone Hollywood Casino app has launched in New Jersey. The new Hollywood Casino platform is available on Android, iOS, and desktop and can also be accessed via the ESPN BET app. Customers can login to Hollywood Casino using their ESPN BET credentials, allowing for a seamless experience across PENN’s online betting and casino platforms.

Ranked by Eilers & Krejcik as the #2 overall iCasino product in the US, Hollywood Casino offers a variety of online slots, table games, and live dealer content, including original titles from PENN Game Studios, the company’s in-house casino game development studio. Hollywood Casino also includes bespoke live dealer tables and exclusive games such as the recently launched Devils Blackjack, an original title leveraging PENN’s partnership with the New Jersey Devils.

“We’re thrilled to introduce our dedicated, casino-first experience to customers across New Jersey. Hollywood Casino delivers a best-in-class experience with an extensive game library, seamless gameplay, and exclusive content from our in-house studio. This launch builds on the strong momentum we’ve gained since introducing our enhanced standalone app in December,” said Aaron LaBerge, Chief Technology Officer of PENN Entertainment.

The stand-alone Hollywood Casino platform debuted in Pennsylvania last December and is also available in Michigan.

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