EGBA Reports on European Gambling Market Revenue in 2021

The European Betting and Gambling Association (EGBA) has published its annual end-of-year report, predicting the level of European gambling revenue in 2021. According to EGBA and the research center H2 Gambling Capital, by the end of 2021, total Europe’s GGR will reach €87.2 billion. The study covers all EU and UK markets. Find more news about the financial sector on the Login Casino website.

While the European GGR has grown by 7.5% from the 2020 level, the gambling profits are still 13% down compared to the pre-pandemic revenues.

According to the report, Europe’s gambling revenue growth is driven by the 19% rise in online gambling profits. EGBA expects total online GGR to reach €36.4 billion in 2021, which is 41.7% of total European revenue. It, however, doesn’t cover declines in land-based revenue (58.3% of total GGR), which was heavily affected by the lockdowns and other pandemic-related restrictions. EGBA predicts that in 2021 the offline GGR will amount to €50.8 billion – only a 0.4% increase from the 2020 level.

In the next five years, H2 Gambling Capital and EGBA expect online revenue to rise to €74.3 billion by the end of 2026, growing by approximately 9% each year.

Main trends in online gambling

EGBA reports that mobile gambling dominates the European online gambling sector, as 50.5% of all bets in 2021 were made from phones or tablets.

This year, sportsbooks dominated the European iGaming market, accounting for 40% of total GGR. Casino games and lottery were the second and the third most popular online gambling products, respectively. In 2021, the market share of online gambling products in total revenue was as follows:

  • sports betting – €14.64bn, 40%;
  • casino – €12.4bn, 34%;
  • lottery – €6.1bn, 17%
  • poker – €1.7bn, 5%;
  • bingo – €1.2bn, 3%;
  • other / skill games – €0.4bn, 1%.

In 2021, EGBA members have generated 36% of total European online gambling profits. 

Follow the Login Casino site for more news about gambling in the EU.

Read more: Guide to online gambling in Europe

Read more: List of EU countries that use euro