The report also highlighted that online gambling revenue increased from €24.5bn GGR in 2019 to €26.3bn in 2020 as people sought alternatives to land-based offerings in light of COVID-19. It is also forecasted that online GGR will grow approximately "7% yearly and reach 33.6% of Europe’s total gambling revenue by 2025", the EGBA reports. Over the 20 years shown, the gross gambling revenue (GGR) in Europe has increased overall. However, since 2008 the GGR from offline gambling has stagnated and more and more revenue has been coming... EGBA’s financial news informs that the gambling market in Europe is predicted to incur losses in 2020. The report shows that its annual revenue is expected to decrease by twenty-three percent, in comparison to 2019. This year’s GGR in twenty-seven European states and Great Britain will be €75.9 billion. At the same time, online gambling has a positive tendency as its financial condition When it comes to online gambling and demographic statistics, a UK study concludes that 17% of the population gamble online, resulting in £5.3 billion revenue for the online market alone. In the US... The data, covering EU-27 and UK markets, forecasts Europe’s online gambling revenue to increase by 7% this year – from €24.5bn GGR in 2019 to €26.3bn in 2020 – despite a significant drop in online revenue during Q2 as a result of the cancellation of major European sports. The data, covering EU-27 and UK markets, forecasts Europe’s online gambling revenue to increase by 7% this year – from €24.5bn GGR in 2019 to €26.3bn in 2020 – despite a significant drop in online revenue during Q2 as a result of the cancellation of major European sports. The overall online GGR in Europe is estimated to reach approximately 24.7 billion euros by 2020 and is mostly generated by sports betting, online casinos and online lottery. Poker only accounts for... Online Gambling Market Worth $102.97 Billion by 2025 | CAGR: 11.5%: Grand View Research, Inc. PR Newswire SAN FRANCISCO, Aug. 27, 2019 SAN FRANCISCO, Aug. 27, 2019 /PRNewswire/ -- The global The data, covering EU-27 and UK markets, forecasts Europe’s online gambling revenue to increase by 7% this year – from €24.5bn GGR in 2019 to €26.3bn in 2020 – despite a significant drop in online revenue during Q2 as a result of the cancellation of major European sports. However, this will not compensate for Europe’s major land-based declines, with land-based gambling revenue The market share of online gambling is growing steadily and is expected to reach 33.6% of Europe’s gross gaming revenue by 2025. In 2020, the share of online gambling is expected to momentarily increase to 34.7% of total gross gaming revenue as COVID-related closures reduce land-based gambling.
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