Online gambling is undergoing a major transformation, and its momentum shows no signs of slowing. A new report by TechSci Research forecasts that the global market will double in size by 2030, growing from $78.87 billion in 2024 to $156.40 billion—a clear signal that online betting is moving from the margins into the mainstream.
This explosive growth is largely rooted in accessibility. The combination of ubiquitous smartphone usage, high-speed internet, and user-friendly digital interfaces has redefined how people place bets and play online games. Now, gambling is no longer tied to physical venues—users can engage from their phones at any hour, from virtually anywhere.
Smartphones, Speed, and Streaming Drive Access
Mobile technology has become the backbone of online gambling. With smartphones now ubiquitous and high-speed internet widely available, users can place bets or play games from anywhere, anytime. In 2024, mobile already led the market, and it’s expected to remain the dominant channel through 2030. Enhanced mobile apps, real-time features, and secure paymentsare helping cement this trend.
Media Tie-Ins and Sports Boost Reach
Strategic partnerships are reshaping how people interact with gambling. For example, DraftKings’ integration into NFL broadcasts on Amazon Prime Video and BetMGM’s collaboration with NBC Sports offer fans in-game betting options during live events. These integrations are turning viewers into participants and expanding gambling’s reach into mainstream entertainment.
The sports betting segment leads the market, driven by increasing global interest in sports and regulatory green lights in major markets like the U.S., Brazil, and Canada. Brazil alone has seen a 500% revenue increase from 2015 to 2025.
Growth Meets Scrutiny
With greater access comes heightened risk. Around-the-clock availability, gamification tactics like time-limited bonuses and leaderboards, and the anonymity of digital platforms can all contribute to problem gambling, especially among younger users. TechSci Research cautions that without clear regulatory oversight and responsible gaming tools, these platforms could foster harmful behavior.
Cybersecurity is another pressing concern. Online gambling platforms store sensitive user data, making them attractive targets for cyberattacks. Operators are being pushed to invest in strong security measures—such as multi-factor authentication and fraud detection systems—while complying with global privacy regulations like the GDPR.
Regional Growth Engines
North America is currently the fastest-growing region, thanks to legal reforms across numerous U.S. states and the decriminalization of single-event sports betting in Canada. At the same time, Asia Pacific is quickly emerging as the next major growth hub, as countries like India and the Philippines reconsider outdated gambling laws.
A More Transparent Future?
Blockchain technology is gaining traction as a way to improve transparency and fairness. With features like smart contracts and provably fair gaming, blockchain appeals to tech-savvy users and regulators alike. It could also help address lingering trust issues in markets with fragmented oversight.
As the industry scales, its biggest challenge may not be growth—but doing so responsibly. Striking a balance between innovation, regulation, and consumer protection will define its long-term success.
Source:
“Online Gambling Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Payment Mode, By Device, By Region, and By Competition 2020-2030F”, techsciresearch.com, August 2025
The post Global Online Gambling Races Toward $156 Billion by 2030 first appeared on RealMoneyAction.com.