How big is iGaming globally?

If you’ve ever placed a bet at a casino, there’s a very good chance that you’ve done this online. Over the last few years, online casinos have far surpassed their land-based counterparts in popularity and that’s a trend that’s set to continue. If you want to know just how big the iGaming sector is around the world, then read on as we give you some insight.

A look at the latest figures

The most up-to-date figures that demonstrate just how big iGaming is come from 2021. During this year there was a spend of $61.5 billion worldwide. Of course, a driving factor for growth over the years from 2020 until now can perhaps be attributed to the pandemic. With land-based casinos locked down, those who enjoyed a wager has no option other than to turn to online sites.

The reopening of land-based casinos has seen some of the more serious players returning to take a seat at a physical table, but for casual players, the online experience has proven to cater for all of their needs.

A changing landscape

When looking back at the popularity of online casinos, there was a very clear pattern up until around 2015. At this time, the iGaming industry was all about Europe. This is where many game developers were based, where the majority of players were and where the landscape was set up to support online gambling. As we moved out of 2015 things began to change.

It was at this time that the US began to embrace iGaming. Although the country still has some hurdles to overcome, the growth of iGaming in this country will certainly lead to massive growth down the line.

The rise in live casinos

It’s not just that down to new marketplaces that iGaming has grown in popularity. Much is down to the expansion of the games on offer. While the likes of slots will always have a huge audience, there has been an explosion in the popularity of playing at a casino live and taking a look at this link will show you exactly why. You’ll find over 300 live dealer titles coming from the very best developers such as Evolution, Pragmatic Play and NetEnt. Whether you’re looking for gameshows, poker, blackjack or roulette there’s a great selection to keep players entertained.

The live dealer experience allows players to experience just what a land-based casino can offer, all from the comfort of home. With improvements in game quality, HD streaming and the very best croupiers, live casinos have certainly added to the growth in the popularity of iGaming.

2022 and beyond

If you think that the popularity of iGaming has peaked, we can assure you that there is more growth to come. In fact, reports and analyses suggest that iGaming still has a long way to go. Predictions show that by 2028, the global iGaming market will be worth around $114 billion. That’s a staggering increase of 86% showing that things are only just getting going.