The latest report by IMARC Group, titled “Australia Online Gambling Market Report by Game Type (Sports Betting, Casino, and Others), Device (Desktop, Mobile, and Others), and Region 2024-2032,” finds that the Australia online gambling market size reached US$ 4.9 Billion in 2023. Online gambling, also known as electronic gambling, is the process of placing bets with a betting shop, bookie, and other gambling establishments. It is conducted via the internet, which offers a wide range of benefits, such as free games, bonuses, loyalty points, no traveling, global access, flexibility, convenience, and a wide range of payment options. In Australia, the introduction of new forms of online gambling, like keno, instant scratch tickets, and lottery terminals, has gained popularity across the country. Online gambling platforms also attract the younger generation and reach people who do not have access to casinos or bars.
Australia Online Gambling Market Trends:
The market is primarily driven by inflating disposable incomes and the increasing reliance on smartphones in the region. In addition, key market players are launching online gambling applications which can be easily accessed via tablets or mobile devices. Moreover, the sudden outbreak of the coronavirus (Covid-19) disease pandemic and the lockdown restrictions encouraged consumers to shift toward online gaming, which represents another major growth-inducing factor. Besides this, the market is also being propelled by rising penetration of the internet, which assisted consumers in interacting with international and domestic gambling websites and mobile applications. Furthermore, the advent of advanced technologies, including virtual reality (VR), 3D animation, and blockchain, which create an immersive experience for the player and help maintain the transparency of gambling activities, is contributing to market growth. Looking forward, IMARC Group expects the market value to reach US$ 8.5 Billion by 2032, exhibiting a CAGR of 6.2% during the forecast period (2024-2032).
Market Summary:
- Based on the game type, the market has been classified into sports betting (football, horse racing, e-sports, and others), casino betting (live casino, baccarat, blackjack, poker, slots, and others), and others.
- On the basis of the device, the market has been segmented into desktop, mobile, and others.
- Region-wise, the market has been divided into Australia Capital Territory and New South Wales, Victoria and Tasmania, Queensland, Northern Territory and Southern Australia, and Western Australia.
- The competitive landscape of the industry has also been examined, along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Game Type, Device, Region |
Region Covered |
Australia Capital Territory and New South Wales, Victoria and Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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