The European Gaming and Betting Association (EGBA) projects that total gross gaming revenue (GGR) in Europe will rise to €123.4 billion in 2024, marking a 5% increase over 2023. This growth reflects strong performance across both land-based and online sectors, with digital gambling gaining steady ground across the EU-27 and UK markets. Online gambling alone is expected to generate €47.9 billion this year, continuing its upward trajectory as mobile and internet-based betting becomes increasingly dominant. Land-based gambling, while still the larger segment at €75.5 billion, is gradually losing market share as players shift toward digital channels. Online Gambling Closes the Gap In 2024, online gambling is set to account for 39% of the total European gambling revenue, up from 37% the previous year. Meanwhile, land-based gambling’s share is expected to drop slightly to 61%. This trend toward digital is forecast to continue, with online gambling projected to make up 45%… Read More
Category: News
Source: Casino News Daily
