Europe
41.4 %
Asia / Middle East
24.4 %
Africa
3.1 %
Oceania
4.5 %
Global iGaming gross win by region( 2025E)
North America had a share of 21.2 % of the market in 2024, and this is projected to be the fastest growing region at a compound annual growth rate( CAGR) of 19.8 %. This would result in the region hitting a market share of 30 % in 2029. LatAm / Caribbean and Africa are also expected to grow at double digit rates, at 15.1 % and 13.4 % respectively. Oceania holds the slowest expected CAGR at 4.6 %, which would see its market share falling from 4.5 % in 2024 to 3.2 % in 2029.
Europe remains the largest region by gross win, making up 41.4 % of the market in 2024, though a lower CAGR compared to other regions of 8.1 % has resulted in this coming down from 48.6 % in 2020. The region is projected to continue losing its share of the total market, dropping to 35.4 % in 2029.
iGaming as percentage of global gambling gross win
40 %
35 %
30 %
25 %
23.9 % 26.0 % 26.1 % 26.2 %
28.6 % 30.5 %
32.3 % 34.4 %
36.1 %
37.4 %
20 %
15 %
10 %
5 %
0
3.0 % 3.7 %
4.7 %
2003 2004
2005 2006
2007
2008
5.6 % 5.5 % 6.2 % 6.9 % 7.5 % 7.5 % 8.1 % 8.6 %
2009 2010
2011 2012
2013 2014
2015 2016
2017
9.4 % 10.7 %
11.7 % 12.7 %
13.7 % 15.4 %
2018 2019
2020 2021
2022 2023
2024 2025E
2026E 2027E
2028E 2029E
37.4 %
Online gaming continues to gain ground within the broader gambling sector. Its share of global gross gambling win is expected to surpass 30 % in 2025 and reach 37.4 % by 2029. iGBAFFILIATE. COM • 85