info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)

Online gambling in Asia Pacific- Facts

By Aarti Dhapte , 13 January, 2023

Gambling over cards was a known thing, but until the day cell phones came into the picture, the world was just a click away. The process of betting on sports activities or casinos on the internet is referred to as online gambling.

At present, the Asia-Pacific region is gaining hold of online gambling. After the pandemic hit the entire global market, online gambling has become a new trend. Technological advancements have changed the dynamics of Asia-Pacific online gambling market dynamics. Earlier, limited only to brick-and-mortar casinos, the internet has given immense growth to online gambling in Asia-Pacific.

According to the market overview 2023-2028, the Asia-Pacific online gambling market size reached USD 19.5 billion in 2022, and IMARC Group expects the market to reach USD 37.5 billion by 2028, along with a growth rate of (CAGR) of 11.39% during this period. The data collected so far cited by The Guardian says the UK is the largest online gambling market in the world. It surpasses even the United States.

Factors affecting online gaming can be –

  • Mobile internet is the biggest factor contributing to the growth of the European companies’ gambling sector.
  • Online networks are providing legalized platforms for gambling. Cricket in India is an excellent example of it, as the future of this segment is very strong in the market.
  • Also, cashless transactions, customizable budgets, and electronic devices are primary factors to hike up the online gambling market.

Thus, as per the reports, sports betting covers the majority of the total market share in the Asia-Pacific online gambling market. Mobile dominates when it comes to devices for online gambling. Again, the key regions in the online gambling market are China, India, Japan, South Korea, Indonesia, and others. Online gaming is one of the fastest emerging sectors in India too. With Covid lockdowns imposed in the different regions of the country, this sector has seen robust growth. China remains the dominating country in the Asia-Pacific online gambling market.

                               Most Popular Online Gambling Activites (%)

Activities.jpg

Latest News

2050.png
Big Tech Backs Nuclear Expansion: Pledges to Triple Global Capacity by 2050

Leading technology giants Amazon, Google, and Meta have teamed up with other big energy users in a historic action at the CERAWeek 2025 energy conference in Houston to promote an ambitious initiative: doubling world nuclear power capacity by 2025…

Read More

Shifts.png
China’s Refining Industry Sees 2.1% Growth in Early 2025 Amid Rising Fuel Demand and Geopolitical Shifts

China's refining sector showed resilience and adaptability in the first months of 2025, raising crude oil throughput by 2.1 percent over the year before. According to the National Bureau of Statistics, this increase resulted in a processing volume of…

Read More

2025.png
Elsevier Unveils ScienceDirect AI in 2025 to Revolutionize Research Efficiency

In March 2025, Elsevier launched ScienceDirect AI, a world-renowned leader in science and health information science. This state-of-the-art generative AI tool can potentially transform the industry with its revolutionary advances in research. This…

Read More

Drop.png
EV Revolution: Battery Prices Drop Below USD 100/kWh Amid China's Dominance of the Market in 2025

The global electric vehicle (EV) industry has reached a pivotal milestone. The average price of lithium-ion battery packs has dropped below the USD 100 per kilowatt-hour (kWh) threshold, a benchmark long considered critical for achieving price parity…

Read More

2025.png
China Accelerates Push for Domestic EV Chips Amid Global Trade Tensions in 2025

In 2025, China will focus on self-sufficiency in high-tech industries by further integrating domestically produced semiconductor chips into the country\'s electric vehicle (EV) industry. By doing so, China aims to reduce reliance on foreign…

Read More

Author Pic
Aarti Dhapte

Team Lead - Research