The United States online gambling market size reached US$ 10.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 20.8 Billion by 2032, exhibiting a growth rate (CAGR) of 8% during 2024-2032.
Market Size in 2023
US$ 10.2 Billion
Market Forecast in 2032
US$ 20.8 Billion
Market Growth Rate 2024-2032
Also known as virtual gambling, online gambling refers to betting on sports-based activities or casinos over the internet. It does not require a physical interaction of players and the sessions are conducted online via computer programs. Consequently, games such as blackjack, roulette, sports betting, slot machines and poker are gaining traction in the United States.
The key market players operating in the United States are focusing on mergers and acquisitions to expand their overall reach. These players are also launching their offerings in the potential market, which is bolstering the market growth. Besides this, the increasing utilization of electronic devices like smartphones and laptops are strengthening the growth of the market across the country. Furthermore, the outbreak of the coronavirus disease (COVID-19) has positively influenced the growth of the online gambling industry as the imposition of lockdown restrictions have surged the number of visitors to the casino and gambling websites. This, in confluence with the advent of bitcoin gambling, is anticipated to fuel the market growth in the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States online gambling market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on game type and device.
Breakup by Game Type:
Breakup by Device:
Breakup by Region:
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
Northeast, Midwest, South, West
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Key Questions Answered in This Report
The United States online gambling market was valued at US$ 10.2 Billion in 2023.
We expect the United States online gambling market to exhibit a CAGR of 8% during 2024-2032.
The rising penetration of IoT-based devices, along with the growing adoption for online gambling as it offers cashless transactions, accessibility through electronic devices, customizable budgets, etc., is primarily driving the United States online gambling market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from brick-and-mortar casinos towards online gambling activities, owing to the implementation of stringent lockdown regulations across the nation.
Based on the game type, the United States online gambling market has been segmented into sports betting, casino, and others. Among these, sports betting currently exhibits a clear dominance in the market.
Based on the device, the United States online gambling market can be divided into desktop, mobile, and others. Currently, desktop holds the majority of the total market share.
On a regional level, the market has been classified into Northeast, Midwest, South, and West.
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