Key findings from European Online Gambling Report

[The Buzz]

Europe’s gambling market revenue in 2022 increased by 23% to €108.5 billion in gross gaming revenue, according to the European Online Gambling – Key Figures 2022 report, which stated that "after the widespread shutdown of land-based gambling venues and subsequent declines in Europe’s gambling market revenue in 2020 and 2021, gambling market revenue stabilized this year at eight per cent above 2019’s pre-pandemic revenue levels."

Other key findings:

In 2022, casino was Europe’s most popular online gambling productby revenue, reaching €14,9bn gross gaming revenue and accountingfor 39% of Europe’s online gambling revenue. Sports and other typesof betting were close behind, generating €13,6bn in gross gamingrevenue and accounting for 35% of Europe’s total online gamblingrevenue.

The share of Europe’s online activity taking place on mobile devices (phones and tablets) continued its growth trend in 2022,
with 53% of online bets placed on mobile devices and 47% of online bets placed from desktops

Pre-match betting on sports continues to grow and, by revenue, accounted for 66% of all online sports bets placed with EGBAmembers in 2021.

In 2021, EGBA members processed 111,6bn customer bets and stakes, with a combined value of €202,9bn.
They returned €191,3 in winnings to their customers, with an average return to player rate of 94,3%.

Read the entire report here: https://www.egba.eu/uploads/2022/12/...gures-2022.pdf

[dannyx]

I always wonder how much of these increases are simply the sudden inclusion of new regulated markets that were previously unregulated and not counted in the statistics.

I'm also surprised that casino is bigger than sports betting. It sounds so unrealistic.