United kingdom Online Gambling Market Introduction and Overview
According to SPER Market Research, the United kingdom Online Gambling Market is estimated to reach USD 13.32 billion by 2033 with a CAGR of 4.89%.
The report includes an in-depth analysis of the United kingdom Online Gambling Market, including market size and trends, product mix, distribution channels, and supplier analysis. Online gambling refers to the practice of placing bets on online casinos. The players do not need to engage physically because computer programs can regulate the session. There are many different games available for play when gambling online, including slot machines, blackjack, poker, roulette, and sports betting. Online gambling has become more and more popular in the UK because it provides a number of advantages, such as cashless transactions, accessibility via electronic devices, budgets that can be customized, and real-time gambling experiences.
Market Opportunities and Challenges
Opportunities: The high rate of smartphone and internet service usage in the UK is the main factor driving the online gambling business. Players can have an immersive gaming experience when they play online, which is typically accessed through desktop and mobile applications. The industry is expanding as a result of private companies working with outside software vendors to create user-friendly gambling interfaces. Furthermore, consumers may now effortlessly access casino gaming platforms thanks to the availability of affordable mobile applications. Additionally, a considerable section of the population in the United Kingdom has been confined to their homes as a result of the coronavirus disease (COVID-19), which has caused a shift toward a number of free and paid leisure activities, including online gambling.
Challenges: The regulatory environment and dynamics of the online gambling market in the United Kingdom are affected by a number of issues. In order to safeguard consumers and stop problem gambling, one major obstacle is the requirement for strict regulatory oversight. For regulators, maintaining equilibrium between protecting vulnerable people from excessive gambling and promoting a competitive market environment is a never-ending task. Furthermore, because technology is always changing, it becomes more difficult to effectively regulate online platforms. For example, concerns about age verification, responsible advertising, and fair play need to be addressed.
Market Competitive Landscape
The Online Gambling market is highly consolidated. Some of the market key players are 888 Holdings Plc, Allwyn UK Holding Ltd., Ballys Corp., Bet365 Group Ltd., Betfred Group, Betsson AB, Buzz Group Ltd., Caesars Entertainment Inc., Casino Del Sol, Delta Corp. Ltd., Entain Plc, Evolution AB, Fantasy Springs Resort Casino, NetBet Enterprises Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Game Type, By Device
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| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region
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| Companies Covered | 888 Holdings Plc, Allwyn UK Holding Ltd, Ballys Corp, Bet365 Group Ltd, Betfred Group, Betsson AB, Buzz Group Ltd, Caesars Entertainment Inc, Casino Del Sol, Delta Corp. Ltd, Entain Plc, Evolution AB, Fantasy Springs Resort Casino, NetBet Enterprises Ltd.
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COVID-19 Impact on United Kingdom Online Gambling Market
The COVID-19 pandemic has significantly altered consumer behaviour, regulatory priorities, and industry dynamics in the UK's online gaming market. Traditional brick-and-mortar gambling businesses faced major closures and restrictions due to lockdown measures and social distancing methods, which led to an increase in internet gaming activity. Online platforms' accessibility and ease grew in popularity among consumers looking for safe, home-based entertainment options. Due to this change in customer behaviour, online gambling businesses saw a significant surge in revenue during the epidemic, with many of them posting all-time highs.
Key Target Audience:
- Adult Gamblers
- Casino Enthusiasts
- Sports Fans
- Tech-Savvy Individuals
- Entertainment Seekers
- Social Gamblers
- Mobile Users
Our in-depth analysis of the United kingdom Online Gambling Market includes the following segments:
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By Game Type: |
Sports Betting
Casino
Live Casino
Baccarat
Others
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By Device: |
Desktop
Mobile
Others
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|
By Region: |
Eastern Region
Western Region
Southern Region
Northern Region
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Key Topics Covered in the Report:
- United kingdom Online Gambling Market Size (FY’2024-FY’2033)
- Overview of United kingdom Online Gambling Market
- Segmentation of United kingdom Online Gambling Market By Game Type (Sports Betting, Casino)
- Segmentation of United kingdom Online Gambling Market By Device (Desktop, Mobile, Others)
- Expansion Analysis of United kingdom Online Gambling Market
- Problems and Obstacles in United kingdom Online Gambling Market
- Competitive Landscape in the United kingdom Online Gambling Market
- Impact of COVID-19 and Demonetization on United kingdom Online Gambling Market
- Details on Current Investment in United kingdom Online Gambling Market
- Competitive Analysis of United kingdom Online Gambling Market
- Prominent Players in the United kingdom Online Gambling Market
- SWOT Analysis of United kingdom Online Gambling Market
- United kingdom Online Gambling Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United kingdom Online Gambling Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United kingdom Online Gambling Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United kingdom Online Gambling Market
7. United kingdom Online Gambling Market, By Game Type (USD Million)
7.1. United kingdom Online Gambling Market Value Share and Forecast, By Game Type, 2024-2033
7.2. Sports Betting
7.2.1. Football
7.2.2. Horse Racing
7.2.3. E-Sports
7.2.4. Others
7.3. Casino
7.3.1. Live Casino
7.3.2. Baccarat
7.3.3. Blackjack
7.3.4. Poker
7.3.5. Slots
7.3.6. Others
7.4. Others
8. United kingdom Online Gambling Market, By Device (USD Million)
8.1. United kingdom Online Gambling Market Value Share and Forecast, By Device, 2024-2033
8.2. Desktop
8.3. Mobile
8.4. Others
9. United kingdom Online Gambling Market Forecast, 2020-2033 (USD Million)
9.1. United kingdom Online Gambling Market Size and Market Share
10. United kingdom Online Gambling Market, By Game Type, 2020-2033 (USD Million)
10.1. United kingdom Online Gambling Market Size and Market Share By Game Type (2020-2026)
10.2. United kingdom Online Gambling Market Size and Market Share By Game Type (2027-2033)
11. United kingdom Online Gambling Market, By Device, 2020-2033 (USD Million)
11.1. United kingdom Online Gambling Market Size and Market Share By Device (2020-2026)
11.2. United kingdom Online Gambling Market Size and Market Share By Device (2027-2033)
12. United kingdom Online Gambling Market, By Region, 2020-2033 (USD Million)
12.1. United kingdom Online Gambling Market Size and Market Share By Region (2020-2026)
12.2. United kingdom Online Gambling Market Size and Market Share By Region (2027-2033)
12.3. Eastern Region
12.4. Western Region
12.5. Southern Region
12.6. Northern Region
13. Company Profile
13.1. 888 Holdings Plc
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Allwyn UK Holding Ltd.
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Ballys Corp.
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Bet365 Group Ltd.
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Betfred Group
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Betsson AB
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Buzz Group Ltd.
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Caesars Entertainment Inc.
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Casino Del Sol
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Delta Corp. Ltd.
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Entain Plc
13.11.1. Company details
13.11.2. Financial outlook
13.11.3. Product summary
13.11.4. Recent developments
13.12. Evolution AB
13.12.1. Company details
13.12.2. Financial outlook
13.12.3. Product summary
13.12.4. Recent developments
13.13. Fantasy Springs Resort Casino
13.13.1. Company details
13.13.2. Financial outlook
13.13.3. Product summary
13.13.4. Recent developments
13.14. NetBet Enterprises Ltd.
13.14.1. Company details
13.14.2. Financial outlook
13.14.3. Product summary
13.14.4. Recent developments
13.15. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
