The first online gambling platforms appeared back in 1995. Over the course of a decade, they consistently developed and attracted more and more players. Now online gambling is at the peak of its popularity, with a market volume of over $60 billion, and it will continue to grow until at least 2028.
Is it worth getting into such a specific and expensive niche like gambling? The answer is clear – it is worth it! Big payouts, a large audience, opportunities for scalability, but which GEOs are best to target in order to earn well?
Let’s figure it out…
1. Europe ($22.074 billion)
Europe is the most developed GEO in the gambling industry.
According to the latest analytical data, the growth rate of online gambling revenue has exceeded 17% of the global level! This can be explained by the fact that gambling online establishments are legalized in many countries, meaning they can freely develop within the framework of legislation.
The second reason is the level of economic development. Europe is home to economically developed countries, and the standard of living of its citizens is also relatively high. Why not play in your free time?
The most profitable GEOs in Europe in the gambling industry are Italy, the United Kingdom, Germany, France, and Spain.
The second tier includes Sweden, the Netherlands, Finland, and Greece.
Go conquer Europe!
2. Asia ($12.379 billion)
Thanks to a significant leap in economic development, the GDP per capita has increased manyfold. As we know, people’s incomes greatly influence their desire to play games of chance 🙂
The most developed GEOs that control almost 100% of online gambling are Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
If you plan to target Asia, it’s worth taking a closer look at these countries 🙂
3. North America ($8.078 billion)
In some areas, online casinos are legal, in others they are not, but that doesn’t stop people from playing and winning on offshore servers located outside the country.
Go conquer America!
4. Australia ($2.651 billion)
In Australia, online casinos are not prohibited and winnings are not taxed, which is undoubtedly appealing to players who like to gamble from time to time 🙂
Interestingly, over 80% of the adult population in Australia is interested in gambling. And why not play when the country’s GDP per capita is higher than that of the UK? 😀
But not everything is as rosy as it seems… Gambling has penetrated the domestic market in Australia, leading to the emergence of gambling addiction. As a result, we have:
A market that is heavily saturated with various online and offline casinos, with almost no prospects for expansion.
The government is fighting gambling addiction at the legislative level by imposing serious restrictions and prohibitions, but this does not disqualify Australia from the list of promising GEOs for online gambling, as despite all the bans, people still find ways to play their favorite slots.
5. Latin America ($834 million)
Currently, the gambling industry in Latin America is gaining momentum. The main reason is that gambling is not prohibited in almost any country.
If you want to target traffic to Latin America, you should consider Brazil, Mexico, and Argentina, where the largest number of casinos are located and citizens are full of excitement (they are just full of excitement!). It is also worth taking a closer look at Colombia, Bolivia, and Peru.
According to recent studies, online casinos are in great demand among Latin Americans, and this may be where you can earn your first millions 🙂
6. Africa ($304 million)
Recently, mobile technologies have been rapidly developing in Africa. The internet and smartphones have become accessible to many segments of the population, which is the main reason for the rapid development of the online gambling industry.
Citizens are very adventurous, with sports betting, lotteries, and online casinos being particularly popular.
The most developed countries that should be considered when choosing a GEO are South Africa, Nigeria, Kenya, Uganda, and Ghana.
What do we have in the end?
Gambling is actively developing and attracting more and more audience, and the number of people willing to spend time with gambling is growing every day. Today, we have listed the main gambling markets and GEOs where you can start your work.Drive traffic, develop, gain experience, and earn your millions. And also know that you can contact our top team with any questions, who can guide you on the right path and solve any of your problems.
