The casino and gambling industry is booming and showing no signs of slowing down. The global gambling market was valued at nearly $450-billion in 2018 compared to $45.8-billion in 2017 and is expected to grow to well over half of a trillion dollars by 2022. With veteran land-based casino operators developing virtual environments, embracing online gaming and the United States easing sports gambling restrictions, the sky is the limit for this industry over the next decade. We’ve taken the liberty to parse down the global gambling industry economic outlook into different sections to help better digest the reams of data and statistics supporting the optimism.
United States Gambling Statistics
According to the American Gaming Association’s 2019 annual report, the United State’s commercial casino industry saw a 3.5 percent total gross gaming revenue bump between 2017 and 2018, up to $41.8-billion. The AGA also reported that all 20 of the largest casino markets remained ranked the same with Las Vegas No. 1 and the Baltimore-Washington D.C. region continuing to grow at a rapid rate, up 6.4% to $1.88-billion in 2018.
Of the 24 states with commercial casino gaming, 50% reported all-time high revenue and the U.S. industry enjoyed its fourth straight year of revenue growth.
States that Gambled the Most
|State||2018 Consumer Spend (YOY)|
|New Jersey||$2,903,477,507 (+9.19%)|
|New York||$2,587,743,241 (10.17%)|
States that Gambled the Least
According to a recent study conducted by WalletHub, the five states least “addicted” to gambling were Utah, Florida, Alaska, Nebraska and Alabama. Now several factors contributed to this study, which you can learn more about by clicking the link above, but access to legal gambling opportunities did weigh heavily on the results. One could then assume with more online casinos booting up, the five states that gamble the least may vary from year to year.
Of the 50 United States, only Utah and Hawaii are without live gambling of some sort.
Land Based vs Online
Of the $161.24-billion in 2018 gambling revenues, $51.4-billion came from land-based commercial casinos, while $306.5-million came from online. However, with the ease of sports betting laws and regulations and mobile online casino offerings, that $306.5-million is expected to soar over the next 10 years.
Worldwide Gambling Statistics
China / Macau
According to data from Statista, Macau pulled in $36.73-billion in 2019, which was down slightly from 2018 due to coronavirus in the region. Baccarat is most popular game in the region.
As of early 2019, the U.K. possessed nearly 37% market share of remote gaming. From April 2018 – March 2019, the U.K. gambling commission reported that it made $15.6 billion dollars in revenue. Slots, roulette and blackjack are the most popular games of choice.
According to the 35th edition of the Australian Gambling Statistics, Aussies wagered more than $242-billion between 2017-18, $181-million on casino games and more than $37-billion on sports betting. The amount was up from $208-billion the previous two years. Pokies, the Aussie name for slots, remains the most popular casino game. In general, this country bets more than any other in the world.
Only 7% of Spanish male and female gamblers wagered online in 2018. However, the gross gambling revenue was over $750-million, up 25.48% year-over-year. Sports betting and online poker are the most popular things to wager on in Spain.
While relatively new to the global gaming sector, Singapore has remained relatively flat with two casinos that brought in nearly $6-billion in 2018.
Canadian love their casino games, but due to various factors, gross gaming revenue is down by average of -1.2% over the past five years. It made $17.3-billion in GGR in 2017. Roulette and blackjack are the most popular games.
The Irish were feeling luck in 2019 as the country wagered more than $10.6-billion. Roulette was their game of choice.
On average, more than $378-million is wagered on domestic gambling in Finland each year. Online poker and blackjack is among the most popular game among the Finns.
According to Eurispes’ Italy 2019 Report, gross gambling revenue soared to more than a $110-billion in 2017. Thirty percent of Italian gambled in some fashion. Nearly eight percent wagered online and at retail casinos. Slot machines, baccarat
Horse racing, Mark 6 and football (soccer) are the most popular things to be on in Hong Kong. The betting turnovers in Hong Kong tripped from 2003-04 to 2018-2019 when it hit $229-billion.
Most Popular Games
Slot machines: $693 million
Blackjack: $125.4 million
Baccarat: $76.2 million
Roulette: $40.4 million
Craps: $31.7 million