The drop in overall gambling revenue since 2019 has been attributed to the extensive lockdown measures that took place throughout 2020 and into 2021. The report also notes that while the retail gambling industry has mostly reopened, the majority of venues have been operating under strict entry and capacity guidelines that have resulted in a significant drop in revenues.
UK and EU Gambling Revenue Data for 2021 Shows Online Market Grew by 19%GGR from the online market is expected to grow by approximately 9% every year. As a result, by 2026, online gambling revenue is predicted to account for 41% of Europe’s total gambling revenue. This will mark a 26% increase on online gambling’s market share for 2019.
UK and EU Gambling Revenue Data for 2021 Shows Online Market Grew by 19%Speaking following the release of the report, Maarten Haijer, Secretary General, EGBA, said:
“The growth trend of Europe’s online gambling market continues but there remains significant room for online development in markets, such as France, Germany, Italy, and Spain, where the online share of the total gambling market is still relatively low despite the online markets in these countries being relatively mature. With continued online growth also comes the responsibility to ensure the online market is well-regulated and operators continue to utilize the latest online technologies to promote a stronger culture of safer gambling.”
