Definition:
The online casinos market refers to the segment of the online gambling industry that offers a range of traditional casino games, such as blackjack, roulette, baccarat, and slot machines, that can be played over the internet. Online casinos provide customers with the opportunity to play these games from the comfort of their own homes or on the go through various devices, including computers, tablets, and smartphones.Additional Information
Data includes revenue figures in Gross Gambling Revenue (GGR), which is the total amount of bets placed by customers minus the amount paid out in winnings, Users, average revenue per user (ARPU), user penetration rate, and a breakdown of the product shares of the total online casino market. User and revenue figures represent B2C services.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Aug 2024
Source: Statista Market Insights
Most recent update: Mar 2024
Source: Statista Market Insights
Most recent update: Aug 2024
Source: Statista Market Insights
The Online Casinos market in Romania has been experiencing significant growth in recent years, driven by changing customer preferences and favorable local special circumstances.
Customer preferences: Romanian customers have shown a growing interest in online casinos, as they provide convenience and a wide range of gaming options. Online casinos offer customers the opportunity to play their favorite casino games from the comfort of their own homes, eliminating the need to travel to a physical casino. Additionally, online casinos often offer a greater variety of games, including popular options such as slots, poker, and roulette. This increased variety appeals to a broader customer base and attracts both experienced gamblers and casual players.
Trends in the market: One of the key trends in the Romanian online casino market is the increasing popularity of mobile gaming. With the widespread use of smartphones and tablets, more customers are accessing online casinos through their mobile devices. This trend is driven by the convenience and flexibility of mobile gaming, allowing customers to play their favorite games on the go. As a result, online casinos are investing in mobile-friendly platforms and developing mobile apps to cater to this growing demand. Another trend in the market is the emergence of live dealer games. Live dealer games combine the convenience of online gaming with the authenticity of a real casino experience. Players can interact with live dealers and other players in real-time, creating a more immersive and social gaming experience. This trend has been well-received by Romanian customers, who enjoy the interactive and engaging nature of live dealer games.
Local special circumstances: Romania has a well-regulated online gambling market, which has contributed to the growth of online casinos. The country has implemented strict licensing requirements and regulations to ensure the safety and security of online gambling. This has instilled confidence in customers and encouraged them to engage in online gambling activities. Additionally, the Romanian government has imposed a tax on online gambling operators, generating revenue for the country and supporting the growth of the industry.
Underlying macroeconomic factors: The growth of the online casinos market in Romania is also influenced by underlying macroeconomic factors. The country has experienced steady economic growth in recent years, leading to an increase in disposable income. As a result, more customers have the financial means to participate in online gambling activities. Furthermore, the internet penetration rate in Romania is relatively high, providing a large potential customer base for online casinos. The accessibility of the internet has made it easier for customers to access online casinos and engage in gaming activities. In conclusion, the Online Casinos market in Romania is experiencing growth due to changing customer preferences, such as the popularity of mobile gaming and live dealer games. The favorable local special circumstances, including a well-regulated market and government support, have also contributed to the growth. Additionally, underlying macroeconomic factors, such as economic growth and high internet penetration rate, have provided a conducive environment for the development of the online casinos market in Romania.
Most recent update: Aug 2024
Source: Statista Market Insights
Most recent update: Aug 2024
Source: Statista Market Insights
Data coverage:
The data encompasses B2C enterprises. Figures are based on Gross Gambling Revenue (GGR) and represent what consumers pay for these products and services.Modeling approach:
Market size is determined through a Top-Down approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global survey), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as GDP, number of internet users, and internet consumption.Forecasts:
We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Data from the Statista Consumer Insights Global survey is reweighted for representativeness.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights