Technology

Online Gambling Market Size worth $153.57 Billion, Globally, by 2030 – Exclusive Study by The Research Insights

Published

11 months ago

May 27, 2025

CHICAGO, May 27, 2025 /PRNewswire/ — The global online gambling market size is projected to be valued at USD 70.64 billion in 2023 and reach USD 153.57 billion by 2030, growing at a CAGR of 11.7% according to a new report by The Research Insights. The rise in this trend results from more users adopting mobile devices and internet connections and cultural and legislative developments that enhance online gambling accessibility.

The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Online Gambling Market growth of 11.7% comprises a vast array of, Type, Device and Geography which are expected to register strength during the coming years.

For More Information and To Stay Updated on The Latest Developments in The Global Online Gambling Market, Download FREE Sample Pages: https://www.theresearchinsights.com/request_sample?id=1475

Market Overview and Growth Trajectory:

Online Gambling Market Growth: According to an exhaustive report by The Research Insights, the Online Gambling Market is experiencing significant growth. Shifts in customer preferences along with positive market trends are driving substantial expansion in the global Online Gambling market. An increasing number of customers use online gambling platforms because they offer convenience together with accessibility. Online gambling remains a preferred option because users can play from home without any time restrictions. The extensive range of online games and bets serves different player preferences and draws a varied audience.

Mobile gambling represents a significant trend currently shaping the online gambling market. The widespread adoption of smartphones coupled with accessible high-speed internet connections enables more players to access online gambling platforms through their mobile devices. Mobile gambling trends allow operators to expand their customer reach while providing seamless gambling experiences through mobile devices. Online gambling platforms are increasingly incorporating social features as a major market trend. Online gambling operators are beginning to use social elements like chat rooms and leaderboards to make their platforms more interactive. Adding social elements to the user experience helps maintain player engagement and builds loyalty.

For Detailed Market Insights, Visit: https://www.theresearchinsights.com/reports/online-gambling-market-1475

The development of the online gambling market is shaped by distinct circumstances present in each country and region. Online gambling in several nations operates under complete legal regulation which generates a secure playing environment for users. The established regulatory system appeals to operators and players and stimulates market expansion. Other countries impose restrictions or ban online gambling entirely. Operators face greater challenges because they have to deal with multiple legal and regulatory barriers. Players often choose offshore gambling sites that escape local laws when faced with restrictions which results in revenue decline for local markets.

Macroeconomic factors shape the expansion of the online gambling market. The demand for online gambling services depends heavily on both disposable income and consumer spending patterns. Players from regions with robust economies and substantial disposable income show greater willingness to spend their money on online gambling opportunities. Regions experiencing economic uncertainty or low disposable income typically see reduced demand for online gambling. The growth of the online gambling market depends on developments in technology and infrastructure advancements. Online gambling requires both high-speed internet access and dependable payment systems to function seamlessly. Nations possessing advanced digital infrastructure systems experience greater levels of online gambling adoption. Global Online Gambling market expansion results from evolving consumer tastes combined with positive market dynamics and specific regional conditions alongside fundamental macroeconomic elements. Market dynamics are being transformed by the growth of mobile gambling along with the integration of social features and various regulatory frameworks. Market growth relies on disposable income levels, consumer spending patterns, and technological advancements.

Stay Updated on The Latest Online Gambling Market Trends: https://www.theresearchinsights.com/request_sample?id=1475

Proliferation of Smartphones and Internet Penetration:
The online gambling market has grown significantly due to the worldwide increase in smartphone ownership and faster internet connections. By 2025 mobile internet access expanded to billions of individuals in developed and developing nations because smartphones became both more accessible and affordable. The digital infrastructure enables users to engage in online gambling activities anytime and anywhere using mobile-optimized websites or specialized apps. The growth of 4G and 5G networks alongside greater use of cloud computing delivers uninterrupted and responsive gaming experiences. Mobile platforms generate significant online gambling revenue in markets such as Asia-Pacific and Europe where consumers prefer mobile-first access. The surge in market trends is being driven by younger people who are becoming more comfortable with digital payments and online entertainment in their tech-savvy lifestyles.

Liberalization of Gambling Laws and Regulatory Advancements:
Market expansion for online gambling depends on the steady legalization and regulation of its operations throughout various regions. The potential for tax revenue from online gambling activities has led governments to establish formal licensing systems and open new markets. The latest regulatory changes in the United States permit each state to establish legal online sports betting and casino gaming operations. Latin America (including Brazil and Argentina), several European nations (notably Germany and the Netherlands), and emerging regions in Asia (such as India) are working on developing or enhancing their legal systems to support online gambling activities. Licensed platforms gain more users when legalization builds investor trust alongside technological advancement and consumer safety measures. Regulation helps eliminate illegal gambling activities while promoting fair gaming practices and strengthening anti-money laundering (AML) protocols to foster a sustainable market environment.

Get a Quote at https://www.theresearchinsights.com/Get_a_Quote?id=1475

Technological Innovation and Gamification of Gambling Platforms:
Advanced technology evolution is transforming online gambling platforms which leads to higher user engagement and greater market growth. The industry’s key advancements include real-time live dealer games together with blockchain-based betting systems, virtual reality casinos, and AI-driven personalization engines. These technological advancements provide enhanced gaming experiences by improving immersion and interaction while simultaneously building trust and transparency among users. Blockchain technology provides secure transactions and creates fair gaming environments while artificial intelligence helps deliver customized content and identifies risky gambling patterns. The widespread implementation of gamification strategies such as leaderboards, achievement badges, loyalty programs, and in-game bonuses serves to maintain user engagement and motivate them to participate repeatedly. These methods successfully draw in younger demographics who desire a mix of entertainment and competitive thrills. These innovations along with smooth payment integrations that support cryptocurrency are transforming the gambling experience and opening up fresh growth possibilities.

Geographical Insights:

Europe established itself as the dominant player in the worldwide gaming market by controlling more than 41% of the market share. The continent established its market leadership because several European countries such as Italy, Spain, France, and Germany relaxed gambling laws which propelled the industry forward. The market growth benefited from the widespread availability of high-speed broadband internet and the rising popularity of online casinos and smartphones. Data from the European Gaming & Betting Association revealed sports betting as the top online gambling segment in 2022. The Gambling Act 2005 authorized by the UK Gambling Commission allowed companies to advertise their websites which led to market expansion in the region and helped Europe secure its leading role in the worldwide gaming industry.

Purchase Premium Copy of Global Online Gambling Market Size and Growth Report (2023-2030) at: https://www.theresearchinsights.com/license?id=1475

The online gambling market share in the Asia Pacific region will experience substantial growth because internet services are becoming more popular and online betting and gambling regulations are relaxing. The expansion of cryptocurrencies like bitcoin has led to increased activity in gaming platforms that utilize cryptocurrency. Due to the continuous increase in consumer leisure spending and the solid economic growth in the region the market shows potential for significant expansion during the forecast timeframe. The online gaming industries of China, India, and Japan make them top revenue generators in APAC.

Global Online Gambling Market Segmentation and Geographical Insights:

Based on Type, the online gambling market size is divided into Sports Betting, Casinos (iSlots, iTable, iDealer, Other iCasino Games), Poker, Bingo, and Others. The sports betting segment emerged as the market leader, accounting for nearly half of the total revenue with approximately 49% share.Based on Device, the online gambling market share is divided into Desktop, Mobile, and Others. The desktop category has been a significant contributor to revenue, accounting for around 48%. This is largely due to the larger screen size offered by desktops compared to handheld devices and other gadgets.The online gambling market growth is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Key Players and Competitive Landscape:

The Global Online Gambling Market Report is characterized by the presence of several major players, including:

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.William Hills Limited

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

For Region-Specific Market Data, Check Out Brief Sample Pages: https://www.theresearchinsights.com/request_sample?id=1475

Global Online Gambling Market Recent Developments and Innovations:

In October 2024, B2B gaming content provider Inspired Entertainment declared their recent expansion into Mexico by extending their partnership with bet365. The partnership between Inspired Entertainment and bet365 enabled the release of Sticky Stacked Fire 7s on the Mexican platform of bet365.In September 2024, Flutter Entertainment Plc completed a US$350 million transaction to acquire 56% ownership in Brazil’s NSX Group that runs Betnacional. Flutter Entertainment has seized the opportunity to enter Brazil’s expanding online betting market through strategic positioning after regulatory changes. Betnacional stands out as one of Brazil’s top sportsbook platforms which enables Flutter to launch new products and increase its South American influence through this transaction. Flutter has directed this investment as part of its international expansion strategy targeting emerging markets in online gambling.In February 2024, Betsson AB purchased Holland Gaming Technology Ltd. for €27.5 million. The acquisition enhances Betsson’s standing in Europe’s online gambling market especially targeting the Netherlands where legislation changes have spurred betting growth. Betsson now accesses Holland Gaming’s proprietary gaming platform and user base through the deal which allows them to implement advanced technology while growing their market reach in the Netherlands. Betsson’s strategy for expanding its European operations features this action that seeks to enhance user engagement.

Conclusion:

The worldwide online gambling industry experiences fast-paced changes due to digital technology progress alongside the expanding reach of internet access and mobile device adoption. Artificial intelligence combined with blockchain systems and secure payment solutions delivers improved platform functionality alongside greater transparency and user experience. Interactive and immersive gambling experiences are driving consumer preference shifts as virtual sports betting, live dealer games, and mobile casinos gain popularity. New regulatory reforms in major markets broaden accessibility while maintaining responsible gambling practices through improved monitoring systems and age checks. iGaming platforms integrating with social media and eSports services are generating new income opportunities while expanding their user base. Data analytics and machine learning assist operators in customizing content while improving both user interaction and risk management. The online gambling ecosystem evolution brings about a new emphasis on secure and fair player-focused experiences that enable the sector to achieve lasting worldwide growth within the digital economy.

Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: https://www.theresearchinsights.com/Ask_For_Customization?id=1475

The report from The Research Insights, therefore, provides several stakeholders— online gambling operators, regulatory authorities, payment service providers, technology vendors, and end-users or players—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities.

With projected growth to US$ 153.57 billion by 2030, the Global Online Gambling Market represents a significant opportunity for affiliate marketers, software developers, data analytics firms, cybersecurity providers, and digital advertising agencies, can position themselves for success in this dynamic and evolving market landscape.

Check out more related studies published by The Research Insights:

Sports Betting Market: The Global Sports Betting Market is expected to reach at USD 182.12 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 10.3% during the forecast period. The demand is driven by multiple key factors such as changes in the global gambling sector’s regulatory framework, technological progress in connected devices and digital infrastructure development.Virtual Reality (VR) Market: The Global Virtual Reality Market is expected to reach at USD 435.36 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 27.5% during the forecast period. As businesses continue to adapt to a world where physical interactions are increasingly limited, the demand for Virtual Reality (VR) has surged.

Browse More related reports on Technology Industry Market Reports https://www.theresearchinsights.com/categories/technology

About Us:

The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions.

Contact Person: Kaushik Roy
E-mail: sales@theresearchinsights.com
Phone: +1-312-313-8080
Press Release: https://www.theresearchinsights.com/press-release

Latest News: https://vocal.media/authors/silvie-karson | https://vocal.media/authors/prashant-tri | https://www.globalagtechinitiative.com/author/the-research-insights/

Logo: https://mma.prnewswire.com/media/2684869/The_Research_Insights_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/online-gambling-market-size-worth-153-57-billion-globally-by-2030—exclusive-study-by-the-research-insights-302465781.html

Technology

DEKRA Korea to Acquire Global Product Service, Strengthening Consumer Electronics Testing and Certification Capabilities in Korea

Published

4 minutes ago

April 20, 2026

GIMHAE-SI, South Korea, April 20, 2026 /PRNewswire/ — DEKRA, a leading global provider of testing, inspection, and certification services, today announced it has signed a definitive agreement to acquire Global Product Service Co., Ltd (GPS), a prominent South Korean company renowned for its expertise in consumer electronics product testing and certification.

This strategic acquisition will significantly enhance DEKRA Korea’s capabilities within the rapidly growing consumer electronics sector, bringing together DEKRA’s global network and comprehensive service portfolio with GPS’s deep-rooted local knowledge and decades of experience serving South Korea’s leading manufacturers.

GPS has established a strong reputation for its in-depth technical expertise and unwavering commitment to quality, particularly within the consumer electronics market. For many years, GPS has been a trusted partner to major South Korean electronics companies, providing testing and certification services that ensure product safety, performance, and compliance with international standards.

The successful acquisition is a result of the strong collaboration and commitment from both DEKRA and GPS. Key representatives who participated in the signing, embodying this collaboration, were Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region; Ming Sheng, Vice President of Automotive Testing, DEKRA China; Young Seok Lee, CEO of Global Product Service Co., Ltd; and Seong Su Kim, Director of Global Product Service Co., Ltd.

“We are thrilled to welcome Global Product Service Co., Ltd to the DEKRA family,” said Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region. “This acquisition represents a significant milestone in our growth strategy in South Korea. GPS’s deep understanding of the local market, combined with their specialized expertise in consumer electronics, perfectly complements DEKRA’s global strengths. Together, we will offer unparalleled testing and certification solutions to our clients, empowering them to bring innovative and reliable products to market with greater speed and confidence.”

The integration of GPS into DEKRA Korea will leverage synergies in technology, talent, and market reach. This will enable DEKRA to further support South Korean manufacturers as they navigate complex global regulatory landscapes and strive for excellence in product development and quality assurance. Clients can expect a seamless transition and continued access to the high-quality services they have come to rely on from both organizations.

Young Seok Lee, CEO of Global Product Service Co., Ltd commented, “Joining forces with DEKRA is an exciting opportunity for GPS. DEKRA’s global reach and extensive resources will allow us to expand our service offerings and better serve our existing and future clients. We are confident that this partnership will create significant value for the South Korean consumer electronics industry, providing enhanced support and innovation.”

About DEKRA

For more than 100 years, DEKRA has been a trusted name in safety. Founded in 1925 with the original goal of improving road safety through vehicle inspections, DEKRA has grown to become the world’s largest independent, non-listed expert organization in the field of testing, inspection, and certification. Today, as a global partner, the company supports its customers with comprehensive services and solutions to drive safety and sustainability forward—fully aligned with DEKRA’s anniversary motto, “Securing the Future.” In 2024, DEKRA generated revenue of 4.3 billion euros. Around 48,000 employees are providing qualified and independent expert services in approximately 60 countries across five continents. DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/dekra-korea-to-acquire-global-product-service-strengthening-consumer-electronics-testing-and-certification-capabilities-in-korea-302746801.html

SOURCE DEKRA Asia Pacific

Technology

BLUETTI Showcases Integrated PAYGO Energy Solution at Canton Fair, Expanding Partnership Opportunities in Africa

Published

4 minutes ago

April 20, 2026

GUANGZHOU, China, April 20, 2026 /PRNewswire/ — From April 15-19, 2026, at the 139th Canton Fair, clean energy innovator BLUETTI presented an integrated Pay-As-You-Go (PAYGO) solution that combines digital distribution tools with off-grid energy products, as the company expands its presence in emerging markets, particularly across Africa.

The solution brings together BLUETTI’s proprietary BLUETTI GO platform and a range of PAYGO-enabled solar home systems, reflecting a broader shift in the industry from standalone hardware sales to more structured distribution and financing models.

PAYGO has gained traction in regions where upfront costs remain a key barrier to energy access. By enabling installment-based payments and remote device management, the model allows consumers to access electricity services with lower initial investment, while offering distributors greater visibility into repayment and asset performance.

BLUETTI GO serves as a centralized platform for distributors, integrating sales tracking, inventory control, credit profiling, payment overdue tracking, risk monitoring, and operational analysis. These features are designed to help partners operate more efficiently and support long-term business planning in PAYGO-driven markets.

The company’s product lineup includes entry-level solar home systems such as the P80(battery capacity 76.8Wh), to African Star (battery capacity 1728Wh), designed for basic electricity needs, as well as the higher-capacity Home Star (battery capacity 2kWh-5kWh) series for off-grid household energy storage. These systems can be deployed independently or bundled with appliances such as televisions, fans, and lighting equipment.

As demand for decentralized energy solutions grows across Africa, supported by both public and private investment in renewable infrastructure, PAYGO models are playing a larger role in bridging the gap between energy access and affordability.

Driven by product breakthroughs and innovative business practices, BLUETTI has been enlarging its footprint in the region in recent years. The company operates across more than 40 African countries, supported by local teams and pilot programs, including a Nigerian initiative launched in 2020 that has expanded into a network of branded retail outlets.

About BLUETTI

Founded in 2013, BLUETTI is a leading global provider of energy storage solutions, specializing in home solar batteries, portable power stations, and solar generators. Through initiatives like the LAAF (Lighting Africa Affordable Financing program), BLUETTI aims to power 1 million African families in off-grid areas. Today, it serves over 3.5 million users in 140+ countries and regions. Learn more: https://bluetti.com/

Photo – https://mma.prnewswire.com/media/2960004/paygo_leads_______1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bluetti-showcases-integrated-paygo-energy-solution-at-canton-fair-expanding-partnership-opportunities-in-africa-302746811.html

Technology

Moomoo Pioneers the Era of Agentic Investing with Launch of Moomoo API Skills

Published

4 minutes ago

April 20, 2026

The first AI-powered API Skills that turn trading ideas into execution — no coding required

KUALA LUMPUR, Malaysia and SINGAPORE, April 15, 2026 /PRNewswire/ — Moomoo today announced the launch of Moomoo API Skills, its AI-powered capability that enables investors to execute sophisticated trading strategies using natural language — marking a major leap in making institutional-grade tools accessible to all.

This breakthrough positions Moomoo at the forefront of a new era of investing, where anyone with an idea can turn it into action — without writing a single line of code.

A First-of-Its-Kind Breakthrough in Investor Accessibility

For years, advanced trading capabilities such as algorithmic strategies, real-time automation, and multi-market data access have long been limited to professional traders.

Moomoo API Skills removes this barrier.

Investors can now describe their strategy in plain language, from technical signals to execution conditions, and have it translated into live or simulated trades instantly.

“This is the first time Wall Street-level trading capability is made truly accessible through everyday language,” said Robin Xu, Group Senior Partner & Senior Vice President, Futu Holdings. “We are not just simplifying trading tools — we are redefining who gets to use them.”

From Tools to Trading Assistants

Moomoo API Skills introduces a new paradigm of agentic investing, where AI acts as an execution partner rather than a passive tool.

Instead of navigating complex systems, investors can:

Describe their strategyLet AI translate it into execution logicMonitor and respond to markets in real time

This effectively creates an always on trading assistant, enabling faster and more structured decision making.

Institutional Capabilities Made Accessible

Built on Moomoo’s Open API ecosystem, the capability provides:

Zero code strategy executionGlobal market access across US, Singapore, Hong Kong SAR, Japan, and moreReal time monitoring and automated triggers

At the same time, Moomoo maintains strong control and security through its local-first architecture powered by Moomoo OpenD, where:

Data remains on the user’s local environmentExecution requires user confirmationExposure to third party risks is reduced

Closing the Execution Gap

Today’s investors are not short of information, but often face challenges in executing consistently and efficiently. Moomoo API Skills is designed to close this gap by simplifying how strategies are expressed and carried through. It also strengthens Moomoo’s ecosystem, including Moo Academy, MooveNetwork and the Option Playbook, enabling a seamless journey from learning to execution.

“The challenge today is no longer access to information, but the ability to act on it effectively,” said Xu.
“Moomoo API Skills helps investors translate intent into structured action while keeping them fully in control.”

Pioneering the Next Phase of Investing

The launch reflects a broader shift in investing, from tool based platforms to intent driven systems. With Moomoo API Skills, investors can define what they want to achieve, while intelligent systems handle how it is executed. This creates a more direct and structured path from idea to action, allowing investors to focus on strategy rather than operational complexity.

“We believe the next phase of investing is agentic — where investors define their intent and intelligent systems help carry out strategies. With Moomoo API Skills, investors can turn their ideas into structured strategies that can be tested and executed seamlessly within a single environment. Our focus is on enabling this in a way that enhances decision-making while keeping investors fully in control, bringing a more intuitive and accessible approach to strategy-driven investing,” said Xu.

About Moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, Moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, Moomoo is trusted by more than 29 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit Moomoo’s official website at www.moomoo.com

Disclaimers

The contents herein do not constitute an offer, solicitation or recommendation to invest in any capital market products. Investors should understand the risks involved in relation to the products and services, conduct their own risk assessment and seek professional advice, where necessary. Investors should compare and consider the fee, charges and costs involved. Past performance is not indicative of future performance.

This document has not been reviewed by the Securities Commission Malaysia. Please refer to the Advertisement Disclaimer on our website.

Investments in capital market products involve risk. Full disclaimers at www.moomoo.com/sg/support/topic5_510. This advertisement has not been reviewed by the Monetary Authority of Singapore.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/moomoo-pioneers-the-era-of-agentic-investing-with-launch-of-moomoo-api-skills-302746815.html

SOURCE Moomoo