Online Gambling Statistics

You may be wondering what are the Online Gambling Statistics. Well, the US isn’t far behind. In fact, they lead the world in the number of people that gamble per person. As of 2016, more than 1.6 billion people worldwide were involved in gambling at some point in their lives. Moreover, gambling statistics have increased in recent years, largely due to the popularity of online casinos. But not all countries are equally enamored with gambling. In fact, some have banned gambling entirely, while other nations view it as a way of life.

According to EGBA figures, the total amount of money spent on online gambling in Europe will reach EUR126.3 billion by 2026. Sports betting accounts for around 41% of this revenue. In 2022, gross wins in Europe will hit EUR29.3 billion. The highest gross gaming revenue was recorded in Italy, with EUR18.1 billion. France, which has legalized online gambling, was the next highest with EUR12.2 billion in gambling revenue. Meanwhile, Poland reported the lowest gross gaming revenues with EUR1.5 billion.

According to the latest estimates, about 3% of the US population actively engages in online gambling. Meanwhile, about 17% of UK residents engage in this activity. The gambling industry in the UK alone is worth $36.5 billion. Moreover, Chinese people are the largest users of online casinos, spending more than half of all online gambling revenue. There are many reasons why online gambling is growing. Despite the growing popularity of online gambling, it’s still a lucrative business for both players and companies.