EGBA annual report showed online casino revenue to grow by 22%
The European Gaming and Betting Association (EGBA) has released its 2025 Annual Activity Report, showcasing significant accomplishments and presenting comprehensive market data derived from its members for the fiscal year 2024.
In 2024, the EGBA welcomed new members, including Superbet Group, LeoVegas Group, and Sumsub, broadening its representation in the online gambling sector. Collectively, the EGBA now boasts 321 licenses across 21 European countries. The aggregated online gross gaming revenue (GGR) from its members soared to €13.5 billion, marking a remarkable 15% increase compared to the previous year. This figure constituted over 28% of the total online GGR in Europe, which reached €47.9 billion in 2024, as reported in earlier EGBA findings.
Further illustrating a flourishing industry, the total stakes processed in 2024 surged to an astonishing 177.7 billion, representing a year-on-year increase of 31%. The overall value of stakes jumped to €215.6 billion, an 11% rise, despite a 14% decrease in average stake value, which fell to €1.20. This growth also translated to customer winnings, which climbed 11% to a total of €202.1 billion.
Casino Games: The Powerhouse of Online Gambling Revenue
The online casino segment continues to lead as the primary revenue contributor, generating 51% of total GGR (€7 billion). Following closely is sports betting, which accounted for 41% (€5.5 billion). Other notable segments include poker (€0.5 billion), bingo and other games (€0.4 billion), and esports/virtual betting (€0.1 billion).
Casino games experienced a striking revenue growth of 22%, while the sports betting segment saw a healthy increase of 15%. Bingo and other games followed suit with a 19% rise. Esports revenue also climbed 16%, although the poker segment faced a slight decline of 5%. Within the realm of sports betting, pre-match bets dominated, comprising 63% of the revenue, while live (in-play) betting accounted for the remaining 37%.
Advancements in Safer Gambling and Regulatory Compliance
The 4th annual European Safer Gambling Week marked an impressive expansion to a total of 26 countries, engaging 195 stakeholders and reaching approximately 3 million citizens. Insights from EGBA’s annual sustainability report revealed a record level of engagement with safer gambling initiatives, with 21 million customers (65% of the total) utilizing safety measures. Over 67 million proactive messages promoting responsible gaming were disseminated to players, underscoring the industry’s commitment to player protection.
Additionally, EGBA conducted its second monitoring exercise of the pan-European responsible advertising code, with a strong emphasis on youth protection strategies. The association also progressed its anti-money laundering efforts by organizing workshops aimed at enhancing the understanding of the EU’s new AML framework among industry stakeholders.
Ultimately, these findings indicate a robust and evolving European online gambling landscape characterized by growth, responsibility, and a commitment to regulatory compliance. As the industry continues to innovate and expand, the EGBA remains at the forefront, championing best practices that ensure both competitive success and player well-being.
