Online Casinos - Benelux | Statista Market Forecast

Revenue in the Online Casinos market is projected to reach US$886.90m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 5.14%, resulting in a projected market volume of US$1.08bn by 2028.
In the Online Casinos market, the number of users is expected to amount to 2.1m users by 2028.
User penetration will be 0.00 in 2024 and is expected to hit 0.00 by 2028.
The average revenue per user (ARPU) is expected to amount to US$473.00.
In global comparison, most revenue will be generated United States (US$7.64bn in 2024).
With a projected rate of 0.0, the user penetration in the Online Casinos market is highest 0.0.

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.

Online slot machines such as Starburst, Mega Moolah, and Gonzo's Quest
Online card games such as poker, blackjack, baccarat, and their variants
Online roulette games such as European, American, and French roulette

Offline or land-based casino establishments such as casinos and gaming halls
Skill-based games such as chess, backgammon, and Go
Betting on non-casino games such as sports, politics, and entertainment.

The Online Casinos market in Benelux is experiencing significant growth due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Online Casinos market in Benelux have shifted towards convenience and accessibility. With the increasing penetration of smartphones and the internet, customers are now able to access online casino platforms from the comfort of their own homes. This has led to a rise in the number of online casino players in the region, as they can now enjoy their favorite casino games anytime, anywhere. Trends in the market indicate a growing demand for live dealer games in Benelux. Live dealer games provide players with a more immersive and interactive casino experience, as they can interact with real dealers through a live video feed. This trend is driven by the desire for a more authentic casino experience, as well as the advancements in technology that enable seamless live streaming. Another trend in the Online Casinos market in Benelux is the increasing popularity of mobile gaming. With the rise of smartphones and mobile apps, more players are opting to play casino games on their mobile devices. This trend is fueled by the convenience and portability of mobile gaming, allowing players to enjoy their favorite games on the go. Local special circumstances in Benelux also contribute to the growth of the Online Casinos market. The region has a high internet penetration rate and a tech-savvy population, making it an ideal market for online casino operators. Additionally, the legal framework surrounding online gambling in Benelux is relatively favorable, with clear regulations and licensing requirements in place. Underlying macroeconomic factors also play a role in the development of the Online Casinos market in Benelux. The region has a stable economy and a high disposable income per capita, which enables consumers to spend more on leisure activities such as online gambling. Furthermore, the COVID-19 pandemic has accelerated the shift towards online entertainment, including online casinos, as people have been confined to their homes and seeking alternative forms of entertainment. In conclusion, the Online Casinos market in Benelux is experiencing growth due to changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The shift towards convenience and accessibility, the demand for live dealer games, the popularity of mobile gaming, the favorable legal framework, and the stable economy all contribute to the development of the market in the region.

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.

This report presents a comprehensive analysis and additional information on the Digital market, in a PDF format.

As an industry seemingly built on chance, the odds of the global casino sector growing in the coming years appear a safe bet. Thanks to the ongoing legalization of gambling-related activities in many parts of the world, licensed casinos have expanded to new markets and generated record-breaking revenue figures. While the market size of the casino and online gambling industry suffered heavily during the coronavirus (COVID-19) pandemic, falling by nearly 100 billion U.S. dollars in 2020, the recovery has been steady. As of 2024, the industry’s market size totaled over billion U.S. dollars. At the center of this growth has been leading casino companies such as MGM Resorts, which alone generated 16.16 billion U.S. dollars in revenue in 2023. Online enterprises specializing in sports betting have also carved out significant chunks of the market share, with Fanduel and DraftKings both ranking as two of the most valuable gambling brands globally in 2024.