Online Gambling - Netherlands

Netherlands

Highlights

Revenue in the Online Gambling market is projected to reach US$1.19bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.56%, resulting in a projected market volume of US$1.48bn by 2028.
The Online Sports Betting market has a projected market volume of US$542.00m in 2024.
In global comparison, most revenue will be generated United States (US$23.03bn in 2024).
The average revenue per user (ARPU) in the Online Gambling market is projected to amount to US$774.80 in 2024.
In the Online Gambling market, the number of users is expected to amount to 1.9m users by 2028.
User penetration in the Online Gambling market will be at 8.9% in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Online Gambling market in Netherlands is experiencing significant growth and development due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors.

Customer preferences: Customers in Netherlands are increasingly turning to online gambling as a form of entertainment and leisure activity. With the convenience of accessing gambling platforms from the comfort of their own homes, players can enjoy a wide range of games and betting options at any time. Additionally, the availability of mobile gambling apps has further enhanced the accessibility and convenience for customers, allowing them to play on the go. The popularity of online gambling is also driven by the desire for anonymity and privacy, as players can enjoy their favorite games without the fear of being judged or stigmatized.

Trends in the market: One of the key trends in the online gambling market in Netherlands is the rise of live casino games. With advancements in technology, players can now experience the thrill and excitement of a real casino from their own homes. Live casino games, such as live blackjack, roulette, and poker, are streamed in real-time with professional dealers, creating an immersive and interactive gaming experience. This trend has attracted a large number of players who seek a more authentic and social gambling experience. Another trend in the market is the integration of virtual reality (VR) technology. VR gambling allows players to enter a virtual casino environment and interact with other players and dealers in a realistic and immersive way. This technology has the potential to revolutionize the online gambling industry, providing players with a truly unique and engaging experience. As VR technology continues to evolve and become more accessible, we can expect to see a growing demand for VR gambling platforms in Netherlands.

Local special circumstances: The legalization of online gambling in Netherlands has had a significant impact on the market. The Dutch government has implemented strict regulations and licensing requirements to ensure the safety and integrity of the online gambling industry. This has created a more secure and transparent environment for players, increasing their confidence in online gambling platforms. The introduction of a regulated market has also attracted reputable international operators, further driving the growth of the online gambling market in Netherlands.

Underlying macroeconomic factors: The strong economy in Netherlands has contributed to the growth of the online gambling market. With a high disposable income and a culture of leisure and entertainment, Dutch consumers have the financial means and willingness to spend on online gambling. Additionally, the increasing penetration of internet and smartphone usage in Netherlands has made online gambling more accessible to a larger population. As these macroeconomic factors continue to support the growth of the online gambling market, we can expect to see further development and expansion in the coming years. In conclusion, the Online Gambling market in Netherlands is experiencing growth and development due to changing customer preferences, emerging trends in the market, local special circumstances, and underlying macroeconomic factors. The convenience and accessibility of online gambling, along with the rise of live casino games and VR technology, are driving the market forward. The legalization of online gambling and the strong economy in Netherlands are also contributing factors to the growth of the market. As the market continues to evolve, it is important for operators to adapt to the changing customer preferences and leverage the emerging trends to stay competitive in the online gambling industry.

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. The user metrics show the number of customers who have made at least one online purchase within the past 12 months.

Modeling approach / Market size:

Market sizes are determined through a bottom-up approach, building on predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies, third-party studies, and reports, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, GDP per capita, and internet connection speed. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing. The main drivers are internet users, the urban population, the usage of key players, and attitudes toward online services.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. GCS data is reweighted for representativeness.