While there are still many limits on internet gaming in France, which may account for the 13% of people who think the laws are too strict, fewer people in Great Britain and Italy would agree with that conception. However, in Europe, internet gambling is considered a regulated industry. In Europe, attitudes about gambling have stiffened. The popularity of online gambling has increased globally, driven by innovation, deregulation in important nations, and the pandemic. There has been a rise in the popularity of draw-based and scratch-off instant games, especially across European countries, which may positively impact the growth of the market studied. Improved Internet Connections and Streaming Technology Virtual reality and VR headsets have gained much popularity recently and are revolutionary addition to online gambling. For instance, one of the United Kingdom's leading casino companies, 888 Holdings, signed up a new gaming partnership with software maker Microgaming.īlockchain, IoT, and VR are changing the field of online gambling. Companies are developing innovative regional offerings to gain a competitive advantage and compete with established players. For instance, Paddy Power PLC and Bet fair PLC merged to form Paddy Power Betfair PLC. The dominating players have focused on mergers over the past few years to increase their market stake and improve profit margins. Growing hardware and software innovations, the rising popularity of casino and sports betting gambling, and enhanced internet penetration are expected to drive the growth of the European online gambling market. This migration from offline to online gambling was inevitably accompanied by increased revenue associated with online gambling. Owing to this factor, the vendors are utilizing software suppliers, such as NetEntand Evolution Gaming, to integrate and develop the gaming experience of the consumers. With the advent of technology, virtual reality, blockchain, and mobile platforms are becoming popular in the gambling industry across Europ The European online gambling market is projected to register a CAGR of 9.20% during the next five years.Ĭasino gambling has been one of the rapidly growing gambling categories due to its convenience and optimal user experience.

Uk mobile gambling market share