As many of our habits have changed with the pandemic, it has also led to significant fluctuations in the gambling sector. This sector, which has a significant share of tourist revenue, has taken a few hits in 2021, but now seems to have returned to normal. The biggest chance for the industry is that we can now gamble online. The estimated total value of gambling is at $61 billion. By 2028, it is expected to have a share of approximately 114 billion dollars, with a growth of 86%. So, if you are wondering how many people gambled in 2021, this is the right article for you! Keep reading!
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Does Everyone Gamble?
As we know, gambling is a very popular form of gaming. People love to gamble, and they have been gambling for more than a thousand years. This is one of the biggest reasons why the market has grown so much. Not just in one place, but all over the world, the gambling industry is getting bigger and bigger. With the introduction of online casinos, this habit is now within our reach.
Let’s have a look at the statistics. It is a fact that 86% of the US population has gambled at least once in their lives. Out of that 86%, 60% gambled last year. In fact, an interesting statistic is that 6% of American college students are considered to have a gambling problem.
On the other hand, the online gambling market has reached 231 billion dollars. This sector, which has exceeded expectations every year, does not look like it will stop growing. The practicality of online casinos seems to have kept the sector alive despite the pandemic. All statistics show that there will be no reduction in this growth rate. In addition, many US states have already legalized gambling. Including online casinos.
Do you know which countries gambled the most in 2021?
If we take into account both online and land-based casinos, China was the top gambling destination in 2021. With $47 billion in revenues, it left behind countries like the United States and Japan, where there is a lot of gambling. With $40 billion, the US followed China, while Japan ranked third with $22 billion.
It is safe to say that Americans love gambling and betting. The United States of America, listening to its citizens on this issue, is famous for making many things easy and legal for its citizens. Their reforms in the gambling sector, which is an important tourism revenue for America, are contributing to the development of the market. After online casinos, of course!
How about Europe?
Europe’s Gross Gaming Revenue was nearly €87.2 billion. People in Europe are more likely to prefer betting on sports. With close to €30 billion in revenues, it is expected to grow to €33 billion by 2023. More than half of this revenue comes from online gambling. Among European countries, Italy was the highest grossing country. The revenue of 18 billion euros recorded in 2019 is astonishing. In Germany and France, these revenues range between 12-14 billion euros.
Does Canada Gamble?
Canada is not a country with strict rules on gambling. This is why gambling is so popular among Canadians. In fact, if you look at it, Canada is one of the places in the world where you can gamble most freely. One in four Canadians gamble. Thanks to this, the market is worth about 15 billion dollars. A Canadian adult spends approximately 500 Canadian dollars a year on this industry.
Gambling in Africa
South African countries are known for their fondness for gambling. Thanks to this, industry is growing very fast on the continent. An interesting statistic is that 77% of Nigerians have gambled before. Young people in Nigeria between the ages of 18 and 25 prefer to gamble. The average Nigerian spends $8 a day betting on sports.
In addition to Nigeria, Kenya's revenue has reached 40 billion dollars. Kenya, which especially prefers to gamble on phones, likes to place their bets on football in general. This means that 88% of the country's bettors place their bets online.
To Sum Up
In this article, we tried to talk about how many people gambled in 2021. As we can see from the statistics, gambling is actually a very important source of entertainment for us. There are now much easier ways to do it in our lives. In this sector, which can give you the best of entertainment if done in a controlled manner, it is also possible to take firm steps on the road to your dreams!