by Laura Hayes
The global gambling industry is expected to continue its growth trajectory over the next few years, with both the casino and sports betting sectors showing notable increases.
In 2025, the global gambling market is projected to reach $477.26 billion, and much of this growth will be driven by both online and land-based gambling activities.
We’ll break down the projected growth of two key sectors within the industry: casino gambling and sports betting. Understanding these trends will help bettors, investors, and industry professionals make informed decisions about where the market is headed.
Casino Gambling Market Growth
The casino gambling market is forecast to grow from $142.02 billion in 2024 to $151.43 billion in 2025, marking an impressive annual growth rate of 6.6%. This growth is driven by the increasing popularity of online casino platforms and the integration of new technologies such as virtual reality (VR) and live dealer games.
With the rise of mobile gambling apps and greater access to online casinos, this sector is expected to continue expanding, especially in emerging markets.
Sports Betting Market Expansion
Sports betting has become a major driver of growth in the gambling industry, particularly in regions where it is now legal. The sports betting market is projected to increase from $114.2 billion in 2024 to $124.39 billion in 2025, reflecting a robust annual growth rate of 8.9%. Much of this growth is fueled by the expansion of legal sports betting in the U.S. and the continued rise of mobile sports betting platforms.
As more states in the U.S. legalize sports betting and online platforms become more accessible, the global sports betting industry is expected to see continued growth.
The Importance of Data-Driven Decisions
Both the casino gambling and sports betting markets are experiencing rapid growth. For bettors, understanding these trends is essential for making data-driven betting decisions. The gambling industry’s expansion, fueled by technological innovation and broader legalization, presents many opportunities, but it also means more competition and choices.
By keeping an eye on these projections, you can better anticipate where the gambling industry is headed and adjust your methodology accordingly.
Laura is an experienced writer specializing in sports betting and online casinos. With years of industry knowledge from her time at Freebets.com and CanadaCasinos.ca, she now focuses on providing clear, actionable insights to help readers make smarter betting decisions.
