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Revenues of the European gambling business decreased by 23% in 2020.

Revenues of the European gambling business decreased by 23% in 2020.

08 Apr, 2021

Corona virus (COVID 19) has also had an impact on the European gaming market. When in 2019 the revenue of the gambling business in Europe was 98.6 billion euros, in 2020 this figure was 75.9 billion euros, a decrease of 23%.

While European gambling business revenues decreased, the growth trend persists in the online gambling business sector.  However, it still cannot compensate for the loss that the corona virus (Covid 19) inflicted on the area.

If you look at the previous years of data, the European online gambling market is steadily growing. If a similar growth trend and online gaming market revenue annually 7% increase in 2025, it has been the total toy market 33.6% occupy.

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