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The Europe online gambling market was valued at US$ 34.6 Billion in 2021.
We expect the Europe online gambling market to exhibit a CAGR of 7.9% during 2022-2027.
Various technological advancements, such as the development of virtual reality and blockchain tools,
that maintain the transparency of gambling activities, as well as provide immersive experience to the
players, are primarily driving the Europe online gambling market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for online gambling
as a source of indoor entertainment owing to the temporary closure of physical casinos across several
nations of Europe, during the implementation of stringent lockdown regulations.
Based on the game type, the Europe online gambling market has been segmented into sports betting,
casino, and others. Currently, sports betting holds the majority of the total market share.
Based on the device, the Europe online gambling market can be divided into desktop, mobile, and
others. Among these, desktop represents the largest market share.
On a regional level, the market has been classified into Germany, France, United Kingdom, Italy, Spain,
and others, where United Kingdom currently dominates the Europe online gambling market.
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