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
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.
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- 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.
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:
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
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- 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
Games Global Launches Custom Slot Game Caesars Palace Frenzy with Caesars Digital
Launch marks the first bespoke game launch in the partnership between gaming operator and premier gaming provider
Games Global today announced the exclusive launch of Caesars Palace Frenzy, a Caesars-branded slot title that marks the first bespoke game launch on behalf of Games Global’s partnership with premier gaming operator Caesars Digital. Caesars Palace Frenzy is now exclusively live on Caesars Palace Online Casino in New Jersey with plans to expand to Michigan and Pennsylvania, offering players another highly engaging, operator-specific gaming experience with iconic Caesars Palace branding.
Caesars Palace Frenzy combines the excitement of the Las Vegas Strip’s iconic casino with innovative gaming dynamics crafted by Games Global. Designed exclusively for Caesars Digital online casino players, this game delivers an online slot experience with engaging gameplay, sophisticated graphics and dynamic features like scatter pays, multiplied free spins selected by a concentric wheel and a seven-tier jackpot line-up.
This launch demonstrates Games Global’s continued emphasis on partnering with top iGaming operators to deliver exclusive and custom gaming products to players.
“Working closely with Caesars Digital to create Caesars Palace Frenzy has been an exciting journey,” the Chief Executive Officer for Games Global, Walter Bugno, said. “This game is more than just an online slot experience, it is an adventure that mirrors the thrill and grandeur of one of the world’s most iconic destinations. We’re thrilled to see it come to life and deliver a unique blend of entertainment and gaming.”
“We’re committed to collaborating with top gaming providers to launch custom online casino experiences for our players that can’t be found anywhere else,” the Senior Vice-President and Chief iGaming Officer for Caesars Digital, Matt Sunderland, said. “Caesars Palace Frenzy delivers on that commitment by providing an elevated gaming experience that we’re certain our players will enjoy.”
Gambling in the USA
Alabama-Coushatta Tribe of Texas Announces Plans to Build New Casino Resort
The Alabama-Coushatta Tribe of Texas has announced the plans to build a brand-new casino resort on its Tribal lands in Polk County.
“We are incredibly excited to embark on this new chapter. This new casino resort will not only provide significant economic benefits for those living and working in the region, but it will also become a vibrant destination for visitors,” Ricky Sylestine, Chairman of the Tribal Council, said.
While specific details are still being finalized, the new resort may offer a variety of amenities including a state-of-the-art casino floor, hotel accommodations, and diverse dining and entertainment options.
The Tribe has engaged the architectural firm FFKR to design the new resort. FFKR is known for its innovative and creative designs. The Tribe is confident the firm will create a truly exceptional destination.
In addition to the new casino resort, the Tribe is planning an extensive remodel to its existing Ischoopa/One Stop Convenience Store and Truck Stop. The remodel will include adding electronic bingo machines.
The Alabama-Coushatta Tribe of Texas will be releasing news related to the new resort and any additional developments in the coming months.
Gambling in the USA
BetConstruct to Display Its Products and Services at Sigma Americas
BetConstruct, a leading company in iGaming technology and services, is heading to Sigma Americas in Sao Paulo, Brazil from April 23-25, 2024.
Sigma Americas is a major event focusing on iGaming with 10,000 delegations and more than 200 professional speakers. This event serves as an exceptional platform for participants to present their innovative offerings, engage with fellow industry leaders, and establish new business relationships.
BetConstruct is poised to introduce its cutting-edge products and solutions to the growing Brazilian market at the upcoming event. As a premier provider of online iGaming solutions, the company will showcase its comprehensive range of services to all attendees, offering diverse solutions tailored to meet their specific needs and preferences.
Moreover, BetConstruct will demonstrate its newest Spettacolare offer by Mr. First, which is a fleeting opportunity to maximise user profits and explore the potential of FTN.
Attendees of the event can find BetConstruct in the Transamerica Expo Center at Stand O60, where they will have the opportunity to gain a comprehensive understanding of BetConstruct’s products and solutions.
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