Africa $ 12bn
Europe
40.4 %
Asia & Middle East
24.8 %
Africa $ 12bn
Africa
3.2 %
Oceania
4.6 %
Global igaming gross win by region ( 2024e )
North America is projected to make up 21.2 % of the market in 2024 , with this increasing to 26.3 % in 2029 , representing a compound annual growth rate ( CAGR ) of 15.3 %. LatAm / Caribbean and Africa are also expected to grow at double digit rates , at 14.6 % and 12.6 % respectively . Oceania sits at the opposite end of this spectrum with a growth rate of 6.0 %, which would result in a drop in its market share from 4.6 % in 2024 to 3.7 % in 2029 .
Europe remains the largest region by gross win , making up 40.4 % of the market in 2024 . A lower growth rate of 7.9 % has resulted in this coming down from 51.8 % in 2019 . The region is projected to continue losing its share of the total market , dropping to 36.0 % in 2029 .
Igaming as percentage of global gambling gross win
|
35 %
30 %
|
29.20 % |
30.80 % |
32.30 % |
33.60 % |
34.70 % |
25 % |
25.30 % 25.40 % 25.50 % |
27.20 % |
20 %
15 %
10 %
5 %
0 2020 2021 2022 2023 2024E 2025E 2026E 2027E 2028E 2029E
35 %
The share of online gaming within the overall global gambling market is on the rise . It ’ s anticipated to grow from 29.2 % in 2025 to 34.7 % by 2029 . iGBAFFILIATE . COM • 101