The United Kingdom online gambling market size reached US$ 7.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 11.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.
Online gambling is the activity of betting on casinos with the help of the internet. It does not involve the physical interaction of the players as the session can be moderated by computer programs. Online gambling consists of a wide variety of games, such as sports betting, blackjack, poker, roulette, and slot machines. In the United Kingdom, online gambling has gained popularity as it offers various benefits, including cashless transactions, accessibility through electronic devices, customizable budgets, and real-time gambling experiences.
The United Kingdom online gambling market is primarily driven by the high adoption of smartphones and internet services. Online gambling offers an immersive gambling experience to the players and is usually accessed through mobile and desktop-based applications and software. The collaboration of private enterprises with third-party software providers for developing user-friendly gambling interfaces for users is also propelling the market growth. Moreover, the availability of cost-effective mobile applications has enabled users to easily access casino gaming platforms. Furthermore, with the spread of coronavirus disease (COVID-19), a large portion of the population across the United Kingdom has been confined to their homes, due to which there has been a significant shift toward several free and paid leisure activities, like online gambling.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United Kingdom online gambling market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on game type and device.
Breakup by Game Type:
Breakup by Device:
Breakup by Region:
North West England
Yorkshire and the Humber
East of England
South West England
South East England
North East England
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Base Year of the Analysis
Game Type, Device, Region
North West England, Yorkshire and the Humber, West Midlands, East of England, South West England, South East England, East Midlands, North East England, Greater London, Others
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Key Questions Answered in This Report
The United Kingdom online gambling market was valued at US$ 7.8 Billion in 2022.
We expect the United Kingdom online gambling market to exhibit a CAGR of 5.4% during 2023-2028.
The rising popularity of online gambling as it offer various benefits, including cashless transactions, enhanced accessibility through electronic devices, customizable budgets, real-time gambling experiences, etc., is primarily driving the United Kingdom 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 the nation, during the lockdown scenario.
Based on the game type, the United Kingdom online gambling market has been segregated into sports betting, casino, and others. Among these, sports betting currently exhibits a clear dominance in the market.
Based on the device, the United Kingdom online gambling market can be bifurcated into desktop, mobile, and others. Currently, mobile holds the largest market share.
On a regional level, the market has been classified into North West England, Yorkshire and the Humber, West Midlands, East of England, South West England, South East England, East Midlands, North East England, Greater London, and others.
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