Latest News
Global Online Gambling Market & Betting Market Size Worth $ 145.6 Billion by 2030 at a 12% CAGR: Custom Market Insights

The Custom Market Insights has published a new research report titled “Online Gambling & Betting Market Size, Share, Growth Analysis Report By Game Form (Poker, Casino, Bingo, Sports Betting, Lottery, Others), By Device (Desktop, Mobile, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand of global Online Gambling Market & Online Betting Market size & share was valued at approximately USD 58.2 Billion in 2021 and is expected to reach a value of around USD 145.6 Billion by 2030, at a compound annual growth rate (CAGR) of about 12% during the forecast period 2022 to 2030.”
The global Online Gambling & Betting market research report offers an in-depth analysis of the global market size, further segmented into the regional and country-level market size and segmentation market growth. Also, it provides the market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations.
Online Gambling & Betting Market: Overview
Online gambling is referred to as internet betting or internet gambling, comprising online games. In other words, any gambling conducted over the internet is online gambling. These include betting on live or virtual games. Online Gambling & Betting involves three elements, i.e., consideration, risk, and a prize. Online Gambling & Betting services enable users to risk their money.
(A free sample of the Online Gambling & Betting Market report is available upon request; don’t hesitate to contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ 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 2022
- 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.
- Custom Market Insights (CMI) research methodology
The Online Gambling & Betting market is propelled by the rising smartphone, increasing internet penetration, and growing spending capabilities of individuals.
Additionally, the players operating in the market constantly invest in new technology to improve the overall user experience, thus keeping the players engaged. Further, the market is expected to boost with the involvement of female casino patronage and cashless payment methods. Also, virtual reality and blockchain technologies are anticipated to fuel the growth of the Online Gambling & Betting Market. Moreover, operators provide exciting promotions and tournaments to attract newcomers.
This includes bonus cash programs or varied betting options. This, in turn, supports the growth of the market. Also, the rising number of sports events is fueling sports betting options.
Segmental Overview
The market for Online Gambling & Betting is the segmented game type and device. By game type, sports betting is estimated to hold the largest market share in 2021. The growth in various sports events, such as boxing, baseball, handball, and basketball, is boosting the market for sports betting. Based on the device, the mobile phone segment is dominating the market.
Most operators in the Online Gambling & Betting market are offering mobile phone app-based platforms to customers. These apps are user-friendly, which is propelling market growth. Also, the widespread use of smartphones and the rise in internet penetration are boosting the Online Gambling & Betting Market.
Key Players Insights
Our market analysis on Online Gambling & Betting also involves a separate section dedicated to major players operating in the market. Our analysts offer an understanding of the financial statements of all the key participants, their product portfolios and SWOT analysis. Moreover, the report also offers a competitive landscape chapter, including strategic key development, market share, and global market ranking analysis of the players mentioned.
Some of the prominent players
- Bet365
- GVC Holdings PLC
- William Hill
- Paddy Power Betfair PLC
- Ladbrokes Coral Group PLC
- Betsson AB
- The Stars Group Inc.
- Sky Betting and Gaming
- 888 Holdings PLC
- Kindred Group PLC
Latest News
PENN Entertainment Announces Plans for New Land-Based Hollywood Casino to Replace Riverboat Gaming Operations in Council Bluffs, Iowa

PENN Entertainment Inc. announced plans for an expected $180–$200 million project to relocate its Ameristar Casino Hotel Council Bluffs (Ameristar) riverboat casino operations to a new, state-of-the-art land-based property to be rebranded as Hollywood Casino Council Bluffs (Hollywood Council Bluffs). The proposal is approved by the Iowa Racing and Gaming Commission in conjunction with a 15-year extension of Ameristar’s partnership with the nonprofit Qualified Sponsoring Organization (QSO) Iowa West Racing Association. All commercial operators in Iowa are required to have an operating agreement with a QSO licensed to conduct gaming operations.
Under the proposed plan, the new Hollywood Council Bluffs is expected to include roughly 125,000 square feet of new development with approximately 58,000 square feet of gaming space. The new facility will complement the existing ESPN BET sportsbook, 160-room hotel and dining options in the landside portion of the current infrastructure. The existing riverboat, which presently offers gaming spread out over three levels, will be vacated upon opening of the new property.
“We are pleased to add another landside relocation to our pipeline of development projects. This project will enhance the quality and efficiency of our Council Bluffs location and significantly improve the property’s competitive positioning in the greater Omaha market. PENN’s diversified portfolio of casino properties is core to our omni-channel approach to entertainment, which combines our best-in-class retail operations and a database of more than 32 million PENN Play members with our robust interactive and media footprint. We thank the Iowa Racing and Gaming Commission for their approval today and are grateful for the continued collaboration with our partners at the Iowa West Racing Association,” said Todd George, Executive Vice President of Operations for PENN.
“We are thrilled with the exciting development plans for the new Hollywood Casino Council Bluffs. For nearly thirty years, the Ameristar riverboat has been providing not only dining and entertainment, but thousands of jobs and millions of dollars in support of our community. PENN’s commitment to reinvesting in Council Bluffs is laudable and we are grateful for our ongoing partnership,” said Brenda Mainwaring, President & CEO of the Iowa West Racing Association.
Construction of the new facility is expected to take approximately 18-24 months following the design and permitting approval process. The Company is entitled to obtain financing for the project from Gaming and Leisure Properties Inc. (GLPI) of up to $150 million at a 7.10% cap rate, which may be structured at PENN’s option as either rent or a 5-year term loan that is pre-payable at any time without penalty.
Latest News
PrizePicks Teams Up with San Francisco Giants as Official DFS Partner

PrizePicks, the largest daily fantasy sports operator in North America, announced that it has been named the Official Daily Fantasy Partner of the San Francisco Giants. The new partnership strengthens the DFS leader’s presence in professional baseball and features digital and in-park activations at Oracle Park.
“We are thrilled to team up with a legendary organization like the San Francisco Giants. PrizePicks is committed to bringing unique experiences to our players around the country and is excited to strengthen our connection with baseball fans in San Francisco and across the United States,” said Mike Quigley, Chief Marketing Officer at PrizePicks.
As part of the multi-year partnership, PrizePicks branding will be showcased prominently throughout Oracle Park with rotating signage behind home plate and LED signage on each baseline. PrizePicks logos will be featured across the K-Counter in right field, creating an interactive experience for fans in the ballpark. Fans seated on top of the right field wall near the strikeout counter will have the opportunity to flip over the PrizePicks branded signs, revealing a “K” for each strikeout earned by a Giants pitcher.
When Giants pitchers combine for 12 strikeouts in a home game, fans can participate in a text-to-enter promotion with the chance to win a $12,000 free PrizePicks lineup and tickets to a future Giants game at Oracle Park.
“The Giants are always looking for innovative ways to enhance the fan experience. Partnering with PrizePicks provides our fans with new ways to engage with us and deepen their connection to both the Giants and baseball,” said Jason Pearl, Chief Revenue Officer at the San Francisco Giants.
Latest News
Station Casinos to Launch its First STN Sportsbook at Treasure Island Las Vegas on the Strip

Station Casinos, the leader in Nevada’s retail sportsbooks and mobile sports betting, has announced a new partnership with Treasure Island Las Vegas Hotel & Casino and will launch a brand-new STN Sportsbook inside the resort at The Golden Circle — the company’s first full-scale sportsbook on the famed Las Vegas Strip. Following final approval of Nevada Gaming Commission hearing, the new book will open April 29.
As part of this breakthrough partnership, Station Casinos brings its STN Sportsbook location to the Golden Circle. The 3089-square-foot book features 74 high-definition screens throughout the space, ranging from 55” to 85” displays, plus video walls providing immersive viewing of every sporting event. Sports enthusiasts will also enjoy a new eight-kiosk layout, convenient mobile sign-up stations for STN Sports accounts, and TI’s always- free parking.
“We couldn’t be more excited to embark on this historic partnership with Station Casinos. This collaboration underscores our commitment to providing exceptional hospitality and entertainment, now integrated with Station Casinos’ innovative approach to sports betting. The STN Sportsbook at Treasure Island will offer an unparalleled betting experience with cutting-edge technology and deluxe amenities, and we can’t wait to introduce it to our guests,” said Najam Khan, Executive Vice President and General Manager of Treasure Island.
This premium sportsbook experience will be seamlessly integrated with Treasure Island’s Golden Circle – a unique sportsbook in Las Vegas situated within a bar and restaurant that features an authentic sports museum. This distinctive atmosphere allows guests to enjoy premium food and beverage offerings as they become immersed in captivating sports memorabilia all while watching live sporting events.
“We are thrilled to be launching our first full-scale sportsbook operation on the Las Vegas Strip, and we are so grateful to the Nevada Gaming Control Board and Commission for granting this approval. Through this partnership with Treasure Island, we will be able to bring the energy, innovation, and hospitality of STN Sports to the property’s guests, and we are excited for the opportunity to further our commitment in providing the best sports betting experience across Nevada,” said Jason McCormick, Vice President of Race and Sports Operations.
Known for elevating the sports betting experience, the new STN Sportsbook at Treasure Island will bring new offerings to sports bettors on The Strip, including:
Wagering Enhancements – Bettors will enjoy increased betting options, higher betting limits, an expanded prop betting menu, and a comprehensive selection of betting leagues.
Premium Sportsbook Experiences – Special events will be hosted throughout the year, creating exciting opportunities for sports fans to engage with other bettors.
Vegas’ Favorite Sports Contests – The renowned “Last Man Standing” competitions with $300,000 in prize money, featuring contests for Pro Football, Pro College, and March Hoops
The new STN Sportsbook at Treasure Island will open on April 29, with additional event programming and offerings to be announced.
-
Latest News7 days ago
AGS Appoints Arthur Rotziokos and Richard Orozco to Lead International Growth Efforts
-
Arizona7 days ago
Arizona Department of Gaming Issues Multiple Cease-and-Desists
-
Latest News7 days ago
HARRAH’S RESORT ATLANTIC CITY WELCOMES BACK THE WORLD SERIES OF POKER® FOR A WSOP CIRCUIT STOP THIS AUGUST
-
Latest News7 days ago
ACR POKER LAUNCHES ‘MONEYMAKER MAY-HEM’, OFFERING PLAYERS A CHANCE TO JOIN CHRIS MONEYMAKER IN LAS VEGAS FOR $10K MAIN EVENT
-
Latin America6 days ago
Mexico Gambling Market to Hit Valuation of US$ 40.64 Billion By 2033 | Astute Analytica
-
Compliance Updates6 days ago
Altenar gains ground in Brazil with virtual sports certification
-
Latest News5 days ago
Tachi Palace Casino trusts Continent 8 to bolster its cybersecurity through advanced managed SOC and SIEM solutions
-
Conferences5 days ago
R. Franco Digital is getting ready to shine at GAT Expo Cartagena 2025 with its most comprehensive offering of land-based and digital gaming