The "Europe Online Gambling Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering. Europe Holds Over Half of the Global Online Gambling Market Taking the largest share of the global online gambling market, Europe will continue its growth as a global market contributor. Legislation and legalization have played a role in this process, opening up more legal marketplaces for online gambling. The overall online GGR in Europe is estimated to reach approximately 24.7 billion euros by 2020 and is mostly generated by sports betting, online casinos and online lottery. Poker only accounts Dublin, Nov. 10, 2020 (GLOBE NEWSWIRE) -- The "Europe Online Gambling Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering. The European The European online gambling market is projected to grow, witnessing a CAGR of 9.20% during the forecast period (2020-2025). Growing hardware and software innovations and the rising popularity of casino and sports betting gambling, along with enhanced internet penetration, are expected to drive the growth of the European online gambling market. Europe dominated the market in 2019 with market size of USD 22.0 billion. The growth can be attributed to the legalization of gambling in countries such as France, Germany, Spain, Malta, and Italy. Other favorable factors for the market growth include the rising use of smartphones, availability of high-speed internet, and rising popularity of online casinos. However, a growing number of EU countries have established licensing systems that allow more than 1 operator to offer services on the market. Under EU law, no particular system is favoured over the others. Gambling case law. Online gambling regulation in EU countries is characterised by diverse regulatory frameworks.
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