Mobile Menu

Gambling Activities in Europe - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

ISIC 92 March 2024 Spotlight Report

Revenue

€136.5bn

2019-2024 5.0 %
2024-2029 X.X %

Employees

682k

2019-2024 0.8 %
2024-2029 X.X %

Businesses

24,468

2019-2024 0.2 %
2024-2029 X.X %

Wages

€XX.Xbn

2019-2024 X.X %
2024-2029 X.X %

Gambling Activities in Europe industry analysis

Europe's gambling and betting industry is continually evolving, bolstered by advancements in technology and changing consumer habits. While it's a hugely popular form of entertainment, the industry faces challenges, including strict regulations and ethical concerns over gambling addictions. Gaming enthusiasts across Europe are increasingly gravitating towards online gambling, boosting industry demand. However, adverse economic conditions, like the COVID-19 outbreak and high inflation, have weighed on consumer spending on gambling and betting activities. Revenue is expected to contract at a compound annual rate of 5% to €136.5 billion over the five years through 2024, including a 4.2% drop in 2024.

European coverage with a localised twist

  • Market estimates from 2014-2029
  • Detailed reports analysing industry performance, market dynamics and company data, compared across countries
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee
Purchase options Download sample

About Spotlight Reports

Industry Statistics and Trends

Gambling Activities in Europe key trends

Gambling regulations vary and are tightening up across Europe.

 

From licensing to advert restrictions, nations are stepping up measures to tackle gambling addiction, making sure gambling is safer and more secure for everyone involved.

Mobile gambling is driving online betting growth in Europe.

 

As more and more Europeans bet on the go, companies need to optimise their mobile offerings for standout user experiences.

Access all insights and trends with purchase. View purchase options.

Gambling Activities in Europe

Industry Revenue

Total value and annual change from 2011-2029. Includes 5-year outlook.

Access the 5-year outlook with purchase. View purchase options

Gambling Activities in Europe market size (2019-2024)

Industry revenue has declined at a CAGR of 5.0 % over the past five years, to reach an estimated €136.5bn in 2024.

Trends and Insights

Gambling addiction is a growing issue across Europe

  • According to the European Gaming and Betting Association (EGBA), gambling addiction afflicts 0.3% to 6.4% of European adults.

Access all 14 market size insights and trends with purchase. View purchase options.

Gambling Activities in Europe outlook (2024-2029)

Market size is projected to grow over the next five years.

Digitalisation will drive online gambling uptake in Europe, with mobile gambling leading the way

  • Countries like the UK and Sweden have seen a pronounced increase in online gambling and the trend will continue. In response, companies are diversifying their product offerings to meet this trend. The versatility of online platforms makes it easier to introduce new games and engage players.

Access all 16 forward-looking insights and industry data forecasts with purchase. View purchase options.

Revenue

€136.5bn

2019-2024 5.0 %
2024-2029 X.X %

Employees

682k

2019-2024 0.8 %
2024-2029 X.X %

Wages

€XX.Xbn

2019-2024 X.X %
2024-2029 X.X %

European Leaders & Laggards

Europe Job Growth CAGR: 0.8 % *
  • Job Growth

Top 5 Countries

    Bottom 5 Countries

      * CAGR values are for the years 2019-2024.

      Explore all 37 country performance rankings and data sheets with your membership purchase.

      Biggest companies in the Gambling Activities in Europe

      Company
      Market Share (%)
      2024
      Revenue (€m)
      2024
      Profit (€m)
      2024
      Profit Margin (%)
      2024
      Entain plc
      5,354.6
      675.0
      12.6
      Flutter Entertainment plc
      9,586.7
      841.0
      8.8
      Bet365 Group Ltd
      4,252.9
      10.0
      0.2

      Access statistics and analysis on all 10 companies with purchase. View purchase options.

      Gambling Activities in Europe

      Products & Services Segmentation

      Industry revenue broken down by key product and services lines.

      Access all segmentation data and analysis with purchase. View purchase options.

      Top Questions Answered in this Report

      Unlock comprehensive answers and precise data upon purchase. View purchase options.

      What is the market size of the Gambling Activities industry in Europe in 2024?

      The market size of the Gambling Activities industry in Europe is €136.5bn in 2024.

      How many businesses are there in the Gambling Activities in Europe industry in 2024?

      There are 24,468 businesses in the Gambling Activities industry in Europe, which has declined at a CAGR of 0.2 % between 2019 and 2024.

      Has the Gambling Activities industry in Europe grown or declined over the past 5 years?

      The market size of the Gambling Activities industry in Europe has been declining at a CAGR of 5.0 % between 2019 and 2024.

      What is the forecast growth of the Gambling Activities industry in Europe over the next 5 years?

      Over the next five years, the Gambling Activities industry in Europe is expected to grow.

      What does the Gambling Activities in Europe include?

      Gambling halls and coin-operated machines and Lotteries are part of the Gambling Activities industry.

      Which countries have the most businesses in the Gambling Activities industry in Europe?

      The European country with the most businesses in the Gambling Activities industry is United Kingdom.

      How competitive is the Gambling Activities industry in Europe?

      The level of competition is high and increasing in the Gambling Activities industry in Europe.

      Related Industries

      Unlock Holistic European coverage

      Members get access to 450+ industries across Europe, including comparative data for 37 countries.

      View purchase options

      Or contact us for multi-user and corporate license options

      Table of Contents

      About this industry

      Industry definition

      This industry includes companies that operate casinos, bingo halls, betting shops, video gaming terminals, gambling websites and lotteries. Industry revenue is measured as net revenue, or the difference between the amount wagered by customers and the amount paid out to them for wins and cancellations on bets.

      Related Terms

      BookieVirtual RealityHigh Roller

      What's included in this industry?

      Gambling halls and coin-operated machinesLotteriesVirtual gambling websitesCasinosBookmaking and betting operations

      Companies

      Entain plcFlutter Entertainment plcBet365 Group Ltd

      Industry Code

      ISIC 2006

      92 - Gambling and betting activities in Europe

      View up to 10 companies with purchase. View purchase options.

      Performance

      Key Takeaways

      Gambling addiction is a growing issue across Europe

      View more insights with purchase. View purchase options.

      Revenue Highlights

      Trends
      • Revenue
      • 2024 Revenue Growth
      • Revenue Volatility

      Employment Highlights

      Trends
      • Employees
      • Employees per Business
      • Revenue per Employee

      Business Highlights

      Trends
      • Businesses
      • Employees per Business
      • Revenue per Business

      Profit Highlights

      Trends
      • Total Profit
      • Profit Margin
      • Profit per Business

      Current Performance

      Charts
      • Revenue in the Gambling Activities in Europe industry (2011 -2029)
      • Employees in the Gambling Activities in Europe industry (2011 -2029)
      • Business in the Gambling Activities in Europe industry (2011 -2029)
      • Profit in the Gambling Activities in Europe industry (2011 -2029)
      Analysis

      What's driving current industry performance in the Gambling Activities in Europe industry?


      Outlook

      Analysis

      What's driving the Gambling Activities in Europe industry outlook?


      Volatility

      Analysis

      What influences volatility in the Gambling Activities in Europe industry?

      Charts
      • Industry Volatility vs. Revenue Growth Matrix

      Life Cycle

      Analysis

      What determines the industry life cycle stage in the Gambling Activities in Europe industry?

      Charts
      • Industry Life Cycle Matrix

      Products and Markets

      Highlights

      Trends
      • Largest Market
      • Product Innovation

      Key Takeaways

      VR is shifting Europe's betting scene to a new level. By offering a virtual casino-like environment, bookmakers are increasing user engagement, leading to higher profit and greater customer loyalty.

      View more insights with purchase. View purchase options.

      Products and Services

      Charts
      • Products and Services Segmentation
      Analysis

      How are the Gambling Activities in Europe industry's products and services performing?

      Analysis

      What are innovations in the Gambling Activities in Europe industry's products and services?


      Major Markets

      Charts
      • Major Market Segmentation
      Analysis

      What influences demand in the Gambling Activities in Europe industry?


      International Trade

      Highlights

      • Total Imports into Europe
      • Total Exports into Europe
      Heat maps
      • Industry Concentration of Imports by Country
      • Industry Concentration of Exports by Country
      Data Tables

      Value and annual change (%) included

      • Number of Imports and Exports by European Country (2024)

      Geographic Breakdown

      Business Locations

      Heat maps
      • Share of Total Industry Revenue by Region (2024)
      • Share of Total Industry Enterprises by Region (2024)
      • Share of Total Industry Employment by Region (2024)
      • Share of Total Industry Wages by Region (2024)

      Industry Geographic Breakdown

      Data Tables

      Values and annual change provided for 37 European countries:

      • Revenue (2024)
      • IVA (2024)
      • Enterprises (2024)
      • Employment (2024)
      • Exports (2024)
      • Imports (2024)

      Competitive Forces

      Highlights

      Trends
      • Concentration
      • Competition
      • Barriers to Entry
      • Substitutes
      • Buyer Power
      • Supplier Power

      Key Takeaways

      Market share in Europe’s gambling industry is driven by digital innovation. Operators gaining competitive advantage have deployed effective digital strategies, leveraging technology to enhance user experience and engagement.

      View more insights with purchase. View purchase options.

      Supply Chain

      Charts

      Buyer and supply industries

      Companies

      Market Share

      Charts
      • Industry Market Share by Company (2019-2024)

      Companies

      Data Tables

      Top 10 companies by market share:

      • Market share (2024)
      • Revenue (2024)
      • Profit (2024)
      • Profit Margin (2024)

      Data Tables
      • Countries of operation for Entain plc
      • Countries of operation for Flutter Entertainment plc
      • Countries of operation for Bet365 Group Ltd
      • Countries of operation for 888 Holdings plc
      • Countries of operation for Merkur.com AG
      • Countries of operation for Kindred Group plc
      • Countries of operation for Westdeutsche Lotterie GmbH & Co OHG
      • Countries of operation for Betfred Group Ltd
      • Countries of operation for Camelot UK Lotteries Ltd
      • Countries of operation for The Rank Group plc

      External Environment

      Highlights

      Trends
      • Regulation & Policy
      • Assistance

      Key Takeaways

      Europe’s betting industry is strictly regulated with diverse policies. Government rules in Europe distinctly oversee the gambling and betting industry, with regulations varying widely across different countries, ensuring fair play, preventing addiction, and guarding against financial fraud or money laundering.

      View more insights with purchase. View purchase options.

      External Drivers

      Analysis

      What demographic and macroeconomic factors impact the Gambling Activities in Europe industry?

      Financial Benchmarks

      Highlights

      Trends
      • Profit Margin
      • Average Wage
      • Largest Cost

      Key Takeaways

      Online gambling's growth boosts profitability despite economic challenges. Tech advancements and digitisation are key drivers, with lower overheads and market expansion allowing companies to expand their profit margin.

      View more insights with purchase. View purchase options.

      Cost Structure

      Charts
      • Share of Economy vs. Investment Matrix
      • Industry Cost Structure Benchmarks:
        • Marketing
        • Depreciation
        • Profit
        • Purchases
        • Wages
        • Rent
        • Utilities
        • Other
      Analysis

      What trends impact cost in the Gambling Activities in Europe industry?


      Key Ratios

      Data tables
      • IVA/Revenue (2014-2029)
      • Imports/Demand (2014-2029)
      • Exports/Revenue (2014-2029)
      • Revenue per Employee (2014-2029)
      • Wages/Revenue (2014-2029)
      • Employees per Establishment (2014-2029)
      • Average Wage (2014-2029)

      Country Benchmarks

      European Leaders & Laggards

      Data Tables

      Top and boottom five countries listed for each:

      • Revenue Growth (2024)
      • Business Growth (2024)
      • Job Growth (2024)

      European Country Performance

      Data Tables

      Rankings available for 37 countries. Statistics ranked include:

      • IVA/Revenue (2024)
      • Imports/Demand (2024)
      • Exports/Revenue (2024)
      • Revenue per Employee (2024)
      • Wages/Revenue (2024)
      • Employees per Establishment (2024)
      • Average Wage (2024)

      Structural Comparison

      Data Tables

      Trends in 37 countries benchmarked against trends in Europe

      • Concentration
      • Competition
      • Barriers to Entry
      • Buyer Power
      • Supplier Power
      • Volatility
      • Capital Intensity
      • Innovation
      • Life Cycle

      Key Statistics

      Industry Data

      Data Tables

      Including values and annual change:

      • Revenue (2014-2029)
      • IVA (2014-2029)
      • Establishments (2014-2029)
      • Enterprises (2014-2029)
      • Employment (2014-2029)
      • Exports (2014-2029)
      • Imports (2014-2029)
      • Wages (2014-2029)

      Methodology

      Where does IBISWorld source its data?

      IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

      Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

      IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

      To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.