Product Code: ETC9972081 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States online gambling and betting market is experiencing significant growth driven by factors such as increasing internet penetration, adoption of smartphones, and changing regulations. With the repeal of the Professional and Amateur Sports Protection Act (PASPA) in 2018, several states have legalized online sports betting, leading to a surge in market activity. The online casino segment is also expanding, offering a wide range of games and attracting a diverse customer base. Key players in the market include established gambling companies as well as new entrants leveraging innovative technologies. However, challenges such as regulatory complexities, competition, and concerns around responsible gambling practices remain pertinent. Overall, the US online gambling and betting market presents lucrative opportunities for stakeholders in the industry.
The US Online Gambling and Betting Market is experiencing significant growth due to factors such as the increasing legalization of online gambling in various states, the widespread adoption of mobile devices, and the convenience of online betting platforms. The market is witnessing a surge in online sports betting, online casinos, and other forms of online gambling. Opportunities lie in the expansion of offerings to include live dealer games, virtual reality experiences, and innovative betting options. Additionally, the market is ripe for partnerships between online gambling operators and sports leagues or media companies to enhance the user experience and drive engagement. Regulatory developments and advancements in technology will continue to shape the landscape of the US online gambling and betting market in the coming years.
In the US online gambling and betting market, some key challenges include regulatory restrictions and varying state laws that create a complex and fragmented landscape for operators. The lack of federal oversight leads to inconsistencies in regulations across different states, making it difficult for companies to navigate the legal environment and establish a nationwide presence. Additionally, concerns around consumer protection, responsible gambling practices, and the prevention of money laundering pose challenges for operators in ensuring compliance with strict regulatory requirements. The competitive nature of the market also presents challenges in terms of customer acquisition and retention, as companies vie for market share in a crowded and rapidly evolving industry. Overall, navigating the regulatory framework, ensuring compliance, and standing out in a competitive market are significant challenges faced by stakeholders in the US online gambling and betting sector.
The United States online gambling and betting market is primarily being driven by the increasing adoption of digital platforms and mobile devices, providing convenient access to a wide range of gambling options. The growth of the market is also fueled by the legalization of online gambling in several states, expanding the potential customer base. Furthermore, advancements in technology such as virtual reality (VR) and augmented reality (AR) are enhancing the overall gaming experience, attracting more players to the online platforms. The growing popularity of sports betting and the increasing acceptance of online casinos as a form of entertainment are additional factors driving the market`s expansion. Overall, the convenience, accessibility, and technological innovations in the online gambling and betting sector are key drivers propelling its growth in the US.
In the United States, online gambling and betting policies vary by state due to the complex regulatory landscape. As of 2021, several states have legalized online sports betting and casino gambling, while others have strict prohibitions in place. The federal government has not passed comprehensive legislation regulating online gambling, leaving states to determine their own laws. The 2018 Supreme Court decision to overturn the Professional and Amateur Sports Protection Act (PASPA) opened the door for states to legalize sports betting, leading to a rapid expansion of the market. However, challenges remain, such as concerns over consumer protection, responsible gambling measures, and the potential for interstate online gambling. The industry continues to evolve as states navigate the balance between revenue generation and social concerns.
The future outlook for the US Online Gambling and Betting Market appears to be promising, with continued growth expected driven by increasing internet connectivity, advancements in technology, and evolving regulations. The market is projected to expand as more states legalize online gambling, leading to a larger customer base and higher revenue opportunities for operators. Additionally, the popularity of mobile betting apps and the convenience they offer are likely to drive further adoption among consumers. With the potential for new innovations and partnerships within the industry, the US online gambling and betting market is anticipated to experience sustained growth in the coming years, presenting lucrative prospects for businesses and investors in the sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Online Gambling and Betting Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Online Gambling and Betting Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Online Gambling and Betting Market - Industry Life Cycle |
3.4 United States (US) Online Gambling and Betting Market - Porter's Five Forces |
3.5 United States (US) Online Gambling and Betting Market Revenues & Volume Share, By Gaming Type, 2021 & 2031F |
3.6 United States (US) Online Gambling and Betting Market Revenues & Volume Share, By Device Type, 2021 & 2031F |
3.7 United States (US) Online Gambling and Betting Market Revenues & Volume Share, By Gaming Source, 2021 & 2031F |
4 United States (US) Online Gambling and Betting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smartphones and internet connectivity in the US |
4.2.2 Changing regulatory landscape favoring online gambling and betting |
4.2.3 Growing popularity of online sports betting and e-sports betting |
4.3 Market Restraints |
4.3.1 Concerns around addiction and responsible gambling practices |
4.3.2 Legal and regulatory uncertainties in certain states |
4.3.3 Competition from illegal offshore gambling websites |
5 United States (US) Online Gambling and Betting Market Trends |
6 United States (US) Online Gambling and Betting Market, By Types |
6.1 United States (US) Online Gambling and Betting Market, By Gaming Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Online Gambling and Betting Market Revenues & Volume, By Gaming Type, 2021- 2031F |
6.1.3 United States (US) Online Gambling and Betting Market Revenues & Volume, By Poker, 2021- 2031F |
6.1.4 United States (US) Online Gambling and Betting Market Revenues & Volume, By Casino, 2021- 2031F |
6.1.5 United States (US) Online Gambling and Betting Market Revenues & Volume, By Social Gaming, 2021- 2031F |
6.1.6 United States (US) Online Gambling and Betting Market Revenues & Volume, By Lottery, 2021- 2031F |
6.1.7 United States (US) Online Gambling and Betting Market Revenues & Volume, By Bingo, 2021- 2031F |
6.1.8 United States (US) Online Gambling and Betting Market Revenues & Volume, By Fantasy Sports, 2021- 2031F |
6.2 United States (US) Online Gambling and Betting Market, By Device Type |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Online Gambling and Betting Market Revenues & Volume, By Desktops & Laptops, 2021- 2031F |
6.2.3 United States (US) Online Gambling and Betting Market Revenues & Volume, By Mobiles & Tablets, 2021- 2031F |
6.3 United States (US) Online Gambling and Betting Market, By Gaming Source |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Online Gambling and Betting Market Revenues & Volume, By Foreign Gaming Sources, 2021- 2031F |
6.3.3 United States (US) Online Gambling and Betting Market Revenues & Volume, By Local Gaming Sources, 2021- 2031F |
7 United States (US) Online Gambling and Betting Market Import-Export Trade Statistics |
7.1 United States (US) Online Gambling and Betting Market Export to Major Countries |
7.2 United States (US) Online Gambling and Betting Market Imports from Major Countries |
8 United States (US) Online Gambling and Betting Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) |
8.2 Number of active users on online gambling platforms |
8.3 Customer retention rate |
8.4 Average session duration on online gambling websites |
8.5 Percentage of revenue generated from mobile betting platforms |
9 United States (US) Online Gambling and Betting Market - Opportunity Assessment |
9.1 United States (US) Online Gambling and Betting Market Opportunity Assessment, By Gaming Type, 2021 & 2031F |
9.2 United States (US) Online Gambling and Betting Market Opportunity Assessment, By Device Type, 2021 & 2031F |
9.3 United States (US) Online Gambling and Betting Market Opportunity Assessment, By Gaming Source, 2021 & 2031F |
10 United States (US) Online Gambling and Betting Market - Competitive Landscape |
10.1 United States (US) Online Gambling and Betting Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Online Gambling and Betting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |