In this article, we dive deep into the world of online gambling statistics relevant in 2021 and beyond.
Gambling has its roots in the Roman Empire. In modern times, it became popularized through poker, blackjack, roulette, etc. However, nothing can beat the popularity of online gambling these days.
But first, take a quick look at a brief overview of the most important ones.
10 Online Gambling Statistics for 2021 and Beyond
- Online gambling market value is expected to grow to $100 billion in 2026.
- In 2020, the online gambling revenue was $66.67 billion.
- 96% of online gamblers prefer to play at home.
- Covid-19 drove 64% of people to spend more time and money on online gambling.
- An average Australian spends $1,200 on online gambling yearly.
- 85% of Americans admitted to having gambled at least once in their lifetime.
- Women are 31% more at risk of developing problems due to gambling.
- Over 10 million Americans have a gambling addiction.
- In the UK, those between the ages of 18–24 gamble the most.
- Around 57% of online gamblers in the US are female.
Fascinating Historical Online Gambling Facts
How much do you really know about online gambling? We’ve dug up the most interesting facts! Keep reading and find out.
1. The first online casino was founded in 1994.
Online gambling appeared in the form of online casinos. Among the first online gambling sector facts is that when the Free Trade and Processing Act of 1994 was passed in Antigua and Barbuda, the first online casino company called Microgaming was formed.
And while many other companies claim to be the first, Microgaming’s Gaming Club seems to have taken the title.
2. The first online sports site launched in 1996.
Online sports became a part of online gambling trends shortly after online casinos became popular. The first online sports was called Intertops, and it was launched in 1996.
Soon after, many others followed suit, and today it is expected that the sports betting revenue will reach $2.5 billion for 2021 in the US alone.
3. There were over 200 online casinos in 1997.
By the end of 1997, over 200 online gambling sites were sprawling everywhere, earning at least $1 billion in revenues annually. Online gambling had a worldwide explosion only around three years after the invention of online casinos.
4. In 1998, Planet Poker emerged as the first online poker site.
Planet Poker was formed in 1998 and quickly grabbed poker players’ attention, including the six-time champion of the World Series of Poker (WSOP), Chris “Jesus” Ferguson.
Unfortunately, the site was taken down due to many technical difficulties. However, a new player entered the online sports game. Namely, according to internet gambling statistics, Paradise Poker was formed in 1999 and quickly became the industry’s most influential player.
5. The first online casinos for mobile were installed on the first generation of Nokia phones.
(Mobile Industry Review)
In the early 2000s, when the first generation of Nokia phones came out, the first online casinos for mobile also began to surface. But it wasn’t until iOS and Android were launched that the industry had seen massive growth, as shown in many of the online gambling stats.
The App Store and Google Play Store forever changed the landscape of mobile gambling. Just imagine how many people on this planet have a mobile device, and the reason becomes clear.
Now let’s dive into the world of international online gambling and see what has changed throughout the years.
Worldwide Online Gambling Statistics
Globally online gambling is prevalent. Just how popular? Continue reading and find out the most interesting statistics from around the world.
6. In the UK, people between the ages of 35–44 enjoy online gambling the most, according to statistics of the online gambling community.
It doesn’t come as a surprise that the age group of those who gamble online the most in the UK is between 35–44, at 29.3%. This age group is the most likely to be financially able to spend a few bucks on gambling.
The online gambling industry statistics for the UK further show that the next age group is 45 to 54 at 25.4%.
7. The online gambling and betting market size is expected to grow to $100 billion by 2026.
The top market players in the online gaming industry, such as Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc., and more, are expected to contribute to the massive growth of the industry’s market size.
The online gambling market was worth over $50 billion in 2019. Thus, the online gambling market size—from 2020 to 2026—is expected to reach $100 billion.
8. An average Australian spends over $1,200 on online gambling per year, according to Australian online gambling statistics.
Online gambling is a big thing in Australia. It keeps growing, and there’s no sign of it stopping any time soon. In fact, at 80%, Australia has the highest number of adult gamblers globally.
According to the online gambling statistics for Australia, an average Australian adult spends over $1,200 on online gambling yearly.
9. Online gambling in the US statistics reveal that around 85% of US adults tried gambling.
Although Australian adults are unbeatable in online gambling, American adults also have their fair share. Namely, around 85% of them admitted to having gambled at least once in their lifetime.
The online gambling statistics for the US show that at least 80% of them gambled in the past year.
10. The global online gambling revenue reached $66.67 billion in 2020.
(The European Business Review)
If there’s any industry that benefited the most from the infamous Covid-19 pandemic, it’s online gambling. With physical gambling companies closing down, gamblers from all over the world resorted to online betting.
That said, the worldwide online gambling revenue in 2020 reached $66.67 billion, an increase from $58.96 billion in 2019.
11. In 2020, 70% of the betting revenue was expected to come from mobile gambling alone, according to statistics of online gambling.
(The European Business Review)
Without any shadow of a doubt, almost everyone relies on their mobile phones in everything that they do, including gambling. In 2020, as much as 70% of the online betting revenue came from mobile gambling.
12. US online gambling statistics show that 57% of online gamblers in the US are female.
Looking at the online gambling demographics, over half of the online gamblers in the US are female.
However, this figure may also include social casino gambling, which doesn’t involve real money. Nevertheless, this breaks the stereotype that there are more male than female gamblers in the US.
13. Interesting facts about online gambling reveal that 96% of online gamblers play at home.
Where else could be the most convenient place to play online than the comfort of your own home? Online gambling users statistics show that almost all online gamblers play at home.
Consequently, 55% use their mobile devices to gamble. Because of these mobile devices’ portability, 12% of players prefer to gamble online while commuting.
This hardly comes as a surprise, since a huge number of online gambling sites, especially Bitcoin or, more generally, crypto-focused ones have popped up in recent years. These sites became increasingly popular both due to their ability to operate internationally, and thanks to the perks of cryptocurrencies themselves – anonymity and speed of transactions.
Furthermore, another 12% prefer to play at work, 8% play in a pub or club, and 4% play at a sports venue.
Online Gambling Risks and Statistics
Although gambling can be quite entertaining, it’s important to note that it can also be risky. The risks go beyond just losing money. It can also harm your computer or even affect you psychologically.
14. Over 10 million Americans have a gambling addiction, according to online gambling addiction statistics.
(The Recovery Village)
This covers all types of gambling, including those that don’t involve real money. However, there is still a risk of developing a gambling addiction.
Casual gambling increases the potential of a person engaging in extreme gambling and eventually displaying problematic behaviors.
15. As much as 54.8% of cyber attacks related to online gambling in Taiwan were launched from internet cafes.
Facts on online gambling reveal that online gambling is not exempted from cybercrime risks like everything else that happens on the internet.
According to a study involving 613 criminal cases of online gambling in Taiwan, 54.8% happened in internet cafes. Fortunately, most online gamblers prefer to play at home (see number 13).
16. Around 64% of players increased their online gambling activities during the Covid-19 lockdowns.
(Gambling Commission UK)
As the online gambling industry statistics show, the coronavirus lockdowns of 2020 put many gamblers at the risk of spending either more time or money gambling online, including online lotteries.
17. Despite American online gambling popularity statistics, 16 states are still unlikely to legalize online gambling.
(Online Casinos Elite)
While it’s true that online gambling is prevalent everywhere in the world, it doesn’t necessarily mean that all of it is legal.
In fact, in America alone, 16 out of 50 states are not even planning on passing a bill, the illegal gambling statistics show. Some of these states are Washington, Texas, Wyoming, Utah, etc.
18. People aged 18–24 are at the highest risk of experiencing harm from gambling.
Gambling when drunk can be harmful to anyone, but it’s especially true for those who fall under the 18–24 age group.
Intoxicated gambling affects decision-making and makes players take more risks. It leads to longer sessions in which players lose more money and end up damaging personal relationships.
19. Women are 31% more at risk of developing problematic behavior due to online casino gambling.
The online gambling statistics reveal that women tend to develop problematic behavior at a higher rate than men, 31% and 26%, respectively.
One of many such problematic behaviors is called chasing losses. It is hazardous, as it leads to repeated gambling to compensate for the previous losses.
20. 24% of gamblers experience financial problems and don’t see much revenue from online gambling.
(Money and Mental Health Policy Institute)
Online gambling is enjoyable to many, but it also jeopardizes relationships, mental health, and finances.
A recent survey from the Money and Mental Health Policy Institute discovered that at least 24% of the respondents experienced financial problems directly from online gambling.
How much money do people around the world spend on gambling in one year?
A rough estimate would be close to $400 billion on all forms of gambling, or at least the legalized and tracked gambling. This includes both online and brick-and-mortar casino gambling, with online gambling quickly growing. As of 2019, the online gambling market was at almost $59 billion with expectations that it will surpass $92.9 billion by 2023.
Unfortunately, it’s impossible to know exactly how much people actually spend on gambling, as no such specific statistics have been done.
Where is gambling legal in the world?
The word “legal” entails many categories as far as gambling is concerned. Some countries allow it only with a license. Some prohibit local operators but allow foreign ones and so on.
For the sake of clarity, the statistics on online gambling indicate that 93 countries don’t prohibit online casinos and don’t license them. Some of these include the Bahamas, Egypt, Kenya, Bolivia, Uruguay, etc.
How big is the online gambling market?
The online gambling market is massive. Given the value it earned last year, the expectation is that it will continue to grow at a compound annual growth rate (CAGR) of 7.91% until 2026, as per online gambling revenue statistics.
What is the online gambling market worth?
The online gambling market was worth $66.67 billion in 2020 and is expected to reach $100 billion by 2026.
(The European Business Review, GlobeNewswire)
How big is the online gambling industry?
One of the most well-known facts about the online gambling industry is that it’s massive. Given its current market value of $66.67 billion and the projected growth of 7.91% CAGR stated in the above statistics, one can quickly tell how big this industry will get.
(The European Business Review, GlobeNewswire)
Is online gambling profitable?
The answer to this question varies. Many people will agree that online gambling is profitable. However, many will say otherwise.
Experts say that a player needs to have a strategy in place to profit from online gambling. Otherwise, the chances of making money become slim. Still, there are some massive casino wins that are quite impressive.
How many online gamblers are there?
The online gambling statistics indicate that 17% of the world’s population enjoys online gambling. The overall percentage of gamblers worldwide is 26%, and this includes all forms of gambling.
The above online gambling statistics paint an evocative picture that online gambling is both fun and risky. Looking at how massive this industry has become since its inception, people are still drawn to it, especially during the coronavirus lockdowns.
However, regardless of its charm, online gambling poses many risks. The key is moderation, like with any other highly addictive activity.
- 888 Blog
- Gambling Commission UK
- Gambling Sites
- Mobile Industry Review
- Money and Mental Health Policy Institute
- Online Casinos Elite
- Online Gambling
- Responsible Gambling
- The European Business Review
- The Recovery Village