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Online Gambling Market to Hit $153.57 Billion by 2030 at CAGR 11.9% – Grand View Research, Inc.

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SAN FRANCISCO, May 8, 2025 /PRNewswire/ — The global online gambling market size is estimated to reach USD 153.57 billion by 2030, registering a CAGR of 11.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. The emergence of freemium modes of online gaming following the trend of betting applications and websites is expected to drive market growth. The freemium model generates revenue via users and integrated advertisements.

Increased smartphone and internet penetration and easy access to casino gaming platforms positively influence the market. For instance, according to GSMA, the Asia Pacific region will witness 333 million new mobile internet subscribers by 2025. Moreover, the availability of cost-effective betting applications is expected to favor market growth over the forecast period. According to the data published by the New York state government, over 650,000 unique accounts were created on mobile betting apps in 2021.

Request a free sample copy or view report summary: Online Gambling Market

Online gambling developers have partnered with online casino software suppliers to cater to the demand for immersive casino games. For instance, in February 2023, the Sisal subsidiary of Flutter Entertainment Plc. got its license for online gambling in Morocco from La Marocaine des Jeux et des Sports (MDJS). For instance, in January 2023, FanDuel subsidiary of Flutter Entertainment Plc. launched a mobile sports betting platform in Ohio and announced its Sportsbook launch at Belterra Park Cincinnati.

The outbreak of COVID-19 played a crucial role in expediting the online gambling demand as people spent most of their time indoors and opted for online games for leisure. For instance, in May 2021, a study by the University of Bristol showed regular online gamblers were more than six times more likely to gamble online than pre-pandemic. Besides, adopting various options for digital payments with safe payment gateways is also stimulating the adoption of online gambling applications. The increased adoption of digital currency and websites provided by betting and gambling companies will further accelerate market growth.

Online Gambling Market Report Highlights:

The sports betting type segment dominated the market with a revenue share of over 50% in 2024, attributed to the expanding legalization of internet sports wagering and in-game betting popularity.The mobile device segment is expected to record the significant CAGR over the forecast period, due to the emergence of betting immersive applications and the convenience of gambling via mobile devices.The increased advertisement of online gambling websites through online agencies, third-party ad servers, and networks and exchanges is expected to drive market expansion over the subsequent years.Europe dominated the online gambling market in 2024 by accounting for a revenue share of around 41.0%, owing to the legalization of online gambling due to stringent regulations and safe practices in the region.Asia Pacific is anticipated to register a significant CAGR over the forecast period, with the increased smartphone usage, a larger population of youngsters, and the legalization of online gambling in the region.

Read full market research report on Online Gambling Market with TOC – Online Gambling Market Size, Share & Trends Analysis Report By Type (Sports Betting, Casinos, Poker, Bingo), By Device (Desktop, Mobile), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa), And Segment Forecasts, 2025 – 2030

Online Gambling Market Segmentation

Grand View Research has segmented the global online gambling market based on type, device, and region:

Online Gambling Market – Type Outlook (Revenue, USD Million, 2018 – 2030)

Sports BettingCasinosiSlotsiTableiDealerOther iCasino GamesPokerBingoOthers

Online Gambling Market – Device Outlook (Revenue, USD Million, 2018 – 2030)

DesktopMobileOthers

Online Gambling Market – Regional Outlook (Revenue, USD Million, 2018 – 2030)

North AmericaU.S.CanadaMexicoEuropeGermanyU.K.FranceAsia PacificChinaIndiaJapanAustraliaLatin AmericaBrazilMiddle East & AfricaTurkeySouth Africa

List of Key Players in the Online Gambling Market

888 Holdings Plc.Bally’s CorporationBet 365 Group Ltd.Betsson ABEntain Plc.FireKeepersFlutter Entertainment Plc.Churchill Downs Inc.Kindred GroupLadbrokes Coral Group PlcSky Betting & GamblingSportech PlcThe Stars Group Plc.

Check out more related studies published by Grand View Research:

Sports Betting Market – The global sports betting market size is estimated to reach USD 187.39 billion by 2030, registering a CAGR of 11% from 2025 to 2030, according to a new report by Grand View Research, Inc. This growth of the market is driven by the proliferation of internet infrastructure and evolving regulatory landscape of the entire gambling industry across the world.North America Online Gambling Market – The North America online gambling market size is anticipated to reach USD 32.95 billion in 2030 and is expected to grow at a CAGR of 12.2% from 2025 to 2030, according to a new report by Grand View Research, Inc. Shifting consumer preferences towards online and digital experiences have played a crucial role in driving the market growth.Online Casino Market – The global online casino market size is anticipated to reach USD 38.00 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 12.2% from 2025 to 2030. The market growth is primarily driven by the increasing penetration of smartphones and high-speed internet, which has expanded access to digital gambling platforms.Online Lottery Market – The global online lottery market size is estimated to reach USD 167.8 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 5.7% from 2025 to 2030. The proliferation of smartphones and improved internet connectivity has made it easier for consumers to access lottery games online, allowing participation from virtually anywhere at any time.

Browse Horizon Databook on Online Gambling Market – Global Online Gambling Market Size & Outlook 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Explore Horizon Databook – The world’s most expansive market intelligence platform developed by Grand View Research. Gain insights from 30K+ Global & Regional Reports, 120K+ Country Reports, 1.2M+ Market Statistics, 200K+ Company Profiles, and 5 business solutions encompassing ESG and Sustainability Consulting, Procurement Intelligence, Pricing Index and Analysis, and Consumer Analytics.

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From Silicon to Steel: Taiwan Takes Its Physical AI Push to Silicon Valley

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PALO ALTO, Calif., Oct. 7, 2026 /PRNewswire/ — Taiwan is taking its Physical AI ambitions to Silicon Valley, bringing semiconductor companies and AI startups together with U.S. technology leaders to explore how AI can move from models and simulations into factories, machines and other real-world environments.

Held around Taiwan Tech Week, the “Silicon to Steel: A Physical AI Stack Mixer” brought Taiwanese companies into conversation with leaders from Phison Electronics and Applied Materials. Co-hosted by Startup Island TAIWAN – Silicon Valley Hub and SparkLabs Taiwan, the event featured startups working across memory, semiconductor security, simulation, AI agents and enterprise AI.

Uly Su, Director and Head of Startup Island TAIWAN – Silicon Valley Hub, moderated the first fireside discussion, while SparkLabs Taiwan Founder and Managing Partner Edgar Chiu moderated the second.

“Most importantly, what does Physical AI mean and how can we turn that technology into something to be commercialized?” Chiu said.

Five Taiwanese startups, JMEMTEK, NeuroShine, metAI, MORALE AI and APMIC, participated in the discussions.

Building the Physical AI stack

The first discussion focused on the infrastructure required as AI moves beyond software.

Daniel Lin, AVP of AI Ecosystem & GTM at Phison Electronics, said AI is pushing the company beyond its traditional hardware role. “Phison is moving from silicon to system, to a total solution provider,” he said, pointing to memory as a growing bottleneck for AI workloads.

Security and data control are also becoming critical as AI enters physical and mission-critical environments. JMEMTEK Founder and CEO John Chang highlighted semiconductor security and post-quantum cryptography, while NeuroShine Business Development Head Sharon Ko emphasized the importance of protecting enterprise data.

The second discussion examined the transition from simulation to the factory floor.

Daniel Wu, Co-Founder and CEO of metAI, said the company is working with TSMC to automate the creation of digital twins, reducing the time required to build detailed factory simulations.

But simulation has limits. Colette Wu, Chief of Staff at Applied Materials, said manufacturers still need real-world experimentation because existing data cannot always predict what happens at the technological frontier.

For startups, she added, strong technology alone is not enough. Companies need a clearly validated problem, an internal sponsor and an economic case for deployment.

Making AI work for manufacturers

MORALE AI Co-Founder and CEO Phil Kao said startups need to speak the language of manufacturing, demonstrating impact through metrics such as production efficiency, quality, downtime and overall equipment effectiveness rather than model accuracy alone.

APMIC CMO and U.S. General Manager Ian Chen highlighted another challenge: navigating the internal decision-making structures of large enterprises.

The conversations also underscored the importance of local networks for Taiwanese startups entering the U.S. market. Chang said startups need to actively participate in Silicon Valley ecosystems, while Ko said Taiwanese companies must shift from simply demonstrating technology to listening first and understanding U.S. customers’ problems.

Together, the discussions highlighted a Physical AI stack extending from semiconductors, memory and security to simulation, domain expertise and deployment in real industrial environments.

For Taiwan, the emerging field offers a way to build on its semiconductor and manufacturing strengths while connecting with Silicon Valley customers, capital, software capabilities and global partnerships.

Startup Island TAIWAN – Silicon Valley Hub was established in Palo Alto in 2025 with support from Taiwan’s National Development Council to help Taiwanese startups enter and expand in the U.S. market. SparkLabs Taiwan, part of the global SparkLabs investment network, has supported more than 80 AI and deep-tech founders since 2018.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/from-silicon-to-steel-taiwan-takes-its-physical-ai-push-to-silicon-valley-302900556.html

SOURCE Startup Island TAIWAN Silicon Valley Hub

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Telstra expands Aura Network to strengthen Australia’s east-west digital corridor

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New Perth-Sydney route adds high-capacity connectivity and resilience as cloud, AI and international data flows drive demand across Australia 

LONDON, Oct. 7, 2026 /PRNewswire/ — Telstra has launched the Perth-Sydney route of its Aura Network, expanding its next-generation fibre network and strengthening connectivity between Western Australia, the eastern states and international markets.

The new route is the longest route in the network and strengthens Australia’s east-west digital corridor, connecting major cloud, data centre and business hubs of Australia’s eastern states to Perth, connecting into the western global subsea cable networks. The Aura Network provides organisations with greater capacity and route diversity to move data across the country and connect with international markets.

Steven Worrall, CEO, Telstra Digital Infrastructure, said: “Western Australia is home to some of the world’s most geographically distributed and technology-intensive industries, from remote operations centres to increasingly automated mining and industrial operations.

“As these industries become increasingly data-driven, the connectivity linking them to customers, partners, cloud and compute is becoming just as important as the technology deployed on the ground.

“The Perth-Sydney route adds another high-capacity pathway between Australia’s west and east, helping businesses move data more reliably across the country and strengthening the connections between WA’s growing digital economy and global markets.

“Western Australia is increasingly emerging as a strategic digital and defence hub in the Indo-Pacific, which makes this investment in low-latency, resilient new infrastructure even more strategic.”

The launch comes as new Oxford Economics research, Australia’s Western Gateway: WA’s Digital Opportunity, commissioned by Telstra, finds Western Australia’s digital economy could grow from $16.8 billion in FY25 to approximately $89.1 billion by FY40 under an accelerated digital adoption scenario. The report highlights high-capacity connectivity as a key enabler of growth across industries including mining, defence, and professional and financial services, while reinforcing WA’s role as a connection point between Australia and international markets.

The Perth-Sydney route forms part of Telstra’s broader $1.8 billion investment in Australia’s digital infrastructure. Together with Aura’s other routes, it strengthens connectivity between Australia’s major cities, data centres, cloud regions and international gateways.

Expanding Aura’s national network

The activation of the Aura Network’s Perth-Sydney route marks another milestone in the network, with 9,000km built of a planned 14,000km and active routes across Sydney, Melbourne and Canberra. It is designed to provide up to 35 times more fibre capacity per path and greater resilience than conventional fibre routes.

The network is already supporting demand from cloud, AI and digital infrastructure providers, with organisations including Microsoft and Google securing capacity on the Aura Network to help meet growing connectivity requirements.

Built with two separate fibre pathways, one for express traffic and another with “on” and “off” ramps to support connectivity to regional Australia, the network gives customers flexibility in how they access capacity. Organisations can purchase access to a dedicated part of the network, customise and scale capacity as needed, or use a fully managed service.

Steven Worrall said: “Cloud, AI and data centres are changing where and how data is generated, processed and consumed. Resilient connections between Australia’s major digital hubs will be increasingly important as that demand grows.

“The Perth-Sydney route adds another high-capacity pathway across the country, helping businesses connect Australia’s west and east and the global digital networks they increasingly depend on.”

About Telstra Digital Infrastructure

Telstra Digital Infrastructure is Telstra’s integrated digital infrastructure business, delivering end-to-end digital infrastructure solutions across Australia and international markets. Through an extensive portfolio of fibre, duct, subsea cable, data centre, tower, satellite infrastructure and engineering services, we provide the connectivity, platforms and services that underpin business growth, digital transformation and the evolving demands of the AI economy.

Combining deep technical expertise, decades of operational experience and a long history of supporting customers across Australia, Asia-Pacific and beyond, we connect businesses, markets and communities through secure, reliable and high-performance digital infrastructure. 

Report methodology

WA’s digital economy comprises the core digital sector, which covers technology industries that produce and deliver digital goods and services, and digitally enabled activity, which captures the contribution of digital technology embedded in the factors of production used across other industries. The accelerated scenario illustrates the additional economic opportunity available if WA increases its digital intensity and closes part of the gap with Australia’s leading digital economies. Econometric modelling shows that increased fibre capacity has the potential to increase Gross State Product and job creation by enabling Telstra’s customers to lift output and productivity through greater adoption of cloud computing, AI, and other digital technologies. The construction and operations impact follows a standard Input-Output framework widely used for assessing the economic footprint of businesses, industries and projects.

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SOURCE Telstra Digital Infrastructure

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AGON Unveils OC1050Hz Gaming Monitor Delivering Millisecond Fluidity

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AGP257FT combines an overclocked to 1050Hz refresh rate, 0.1ms MPRT response time, Oxide panel, NVIDIA G-SYNC Compatible performance and advanced eye-comfort technologies for next-generation competitive gaming.

LOS ANGELES, Oct. 6, 2026 /PRNewswire/ — AGON, the world’s No.1 gaming monitor brand for seven consecutive years according to 2025 IDC reports, today announces the upcoming AGP257FT. Designed for professional competitors and performance-driven gamers, this groundbreaking esports monitor takes responsiveness and motion clarity to a new level.

The AGP257FT incorporates proprietary ultra-high-refresh-rate gaming LCD technology. Its native Oxide panel combines fast-response liquid-crystal materials with integrated GIA circuit design to support a OC1050Hz refresh rate at 1920 × 1080 resolution.

This advanced panel architecture enables faster pixel driving and overcomes the slower voltage-response limitations of conventional LCD panels. The result is smoother motion, lower frame delay and more immediate visual feedback. Combined with an ultra-fast 0.1ms MPRT, rapid movements, flick shots and fast-changing scenes appear sharper and clearer during high-speed action.

Extreme Motion Clarity and Advanced Eye Comfort for Extended Play

Motion Blur Reduction Plus (MBR+) minimizes perceived blur during rapid movement for sharper object definition. NVIDIA G-SYNC Compatible technology synchronizes the display’s refresh rate with compatible GPU output to reduce screen tearing and stuttering while maintaining responsive gameplay. VESA DisplayHDR™ 400 support brings greater brightness and visual impact in compatible games without compromising competitive performance.

The AGP257FT’s hardware-based Low Blue Light solution reduces harmful shortwave blue light at the backlight source while preserving natural colors without the yellow tint caused by software filters. Its TÜV Rheinland-certified Circular Polarization technology, verified at over 50% circularity, produces light that more closely resembles natural sunlight, helping reduce glare, visual harshness and eye fatigue without compromising display performance.

A New Benchmark for Esports Displays

Combining OC1050Hz performance, 0.1ms MPRT, a Fast IPS Technology, MBR+, NVIDIA G-SYNC Compatible support and advanced Circular Polarization technologies, the AGP257FT establishes a new benchmark for extreme-speed gaming with enhanced visual comfort.

About AOC

Founded in 1967, AOC is a globally leading monitor and IT accessories brand and a subsidiary of TPV Technology Limited, one of the world’s largest display manufacturers. AOC delivers innovative, ergonomic and environmentally conscious solutions for professional and personal applications.

AGON, AOC’s gaming sub-brand, offers high-performance gaming monitors and accessories for core gamers, competitive players and esports professionals.

Brief Spec:

Model Name

AGP257FT

Panel Size

24.5

Panel type

IPS (ADS Pro)

Panel Aspect ratio

16:9

Contrast ratio (typical / minimum)

1000:1 (Typical)

Panel Surface Treatment

AG

Panel Haze Value

25 %

Anti blue light (Hardware)

Yes

Flicker free

YES, Flicker Free =
SDR (MBR+=0 , MBR Sync = Off  and  OD at Strong /medium /low / Off)
HDR (MBR+=0 , MBR Sync = Off, OD at Strong /medium /low / Off and local dimming = Off)

HDR spec

HDR 400

Panel local dimming

20 zone

Panel bezel

3FL

Panel backlight type / Cell array

W-LED

Panel Curvature

Flat

Panel Resolution

1920×1080

Panel Refresh rate

1000Hz

Default resolution by input

DP2.1 : 1920×1080@60Hz
HDMI2.1  : 1920×1080@60Hz

Max resolution by input

DP2.1 : 1920×1080@1000Hz(444 10bit); Overclock 1050Hz
HDMI2.1 : 1920×1080@1000Hz(444 10bit) DSC; Overclock 1050Hz

Max resolution for USB C/TBT
(with USB information)

NA

Viewing angle

178/178

Brightness (typical)

SDR : 450 cd/m2
HDR ON: 450 cd/m2

Display colors

16.7M 8bits RGB

Color Gamut

sRGB : sRGB 99%@CIE 1931(Typ.)
DCI-P3 90%

OD Response (typical)

1 ms GtG (average) ; 0.3ms GtG (min.)

Panel Response time (typical)

3ms GtG

MPRT

0.1ms

Adaptive-sync/ Free-sync / G-sync

G-sync Compatible (under testing)

I/O define: Connectors on rear cabinet

Rear insert

VGA

0x

DVI

0x

HDMI

2x HDMI2.1

HDMI HDCP version

HDCP 2.3

Displayport

1x DP 2.1

DP HDCP version

HDCP 2.3

Displayport output

0x

USB Type C

NA

Thunderbolt in

0x

Thunderbolt out

0x

Displaylink in

No

MST / Daisy chain (DP out or TBT out)

No

PD for USB C/TBT

No

PxP (PIP, PBP)

2P all source

USB Hub up stream

1 x USB3.2 type B Gen 1, 5 Gbit/s

USB Hub down stream 2_0/3_0

3 x USB3.2 type A Gen 1, 5 Gbit/s (BC1.2×1 yellow)

mini USB (for external keypad)

1x

FW Upgrade

OTA/OTG

KVM

No

RJ45

No

RS232

No

Audio in

0x

Audio out (earphone)

1x Audio out

Microphone in

0x

Microphone out

0x

Built-in speakers

No

Sound enhancement

No

Stand

HAS 150 ± 5mm

Quick release function

Yes

Pivot

90° ±2° ~ 90° ±2°

Swivel

28° ±2° ~28° ±2°

Tilt

-5°~23°

Auto Pivot (G sensor)

NO

CEC

Yes

Smart Power

No

Power

Internal

Power Switch

No

Power LED indicator (Operation)

White

Power LED indicator (Standby)

Orange

Webcam

No

Earphone hook

Yes

Recycled plastic

NO

Cushion material

Paper: Pulp Mold

Carton material

Color Print

Carton type

Pizza Box

Accessory box

YES

Ambient light / Light FX

Light FX

Color and brightness uniformity report in box

Yes

Mouse keypad / Game Pad

QuickSwitch

Remote control

No

Others

CPL Circular Polarization

 

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SOURCE AGON by AOC

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