×
  • Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Europe Online Sports Betting Market

    ID: MRFR/ICT/59278-HCR
    200 Pages
    Aarti Dhapte
    October 2025

    Europe Online Sports Betting Market Research Report By Sports Type (Football, Horse Racing/ Riding, Car Racing, Cricket, Hockey, Boxing, Baseball, Basketball, Tennis), By Type (Line-in-Play, Fixed Odds Betting, Exchange Betting, Daily Fantasy, Spread Betting, E-Sports, Others), By Application (Web-Based, Mobile-Based), By Web-Based (Windows, Mac), By Mobile-Based (iOS, Android) and By Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe)- Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Europe Online Sports Betting Market Infographic
    Purchase Options

    Europe Online Sports Betting Market Summary

    As per MRFR analysis, the Europe online sports-betting market Size was estimated at 11.5 USD Billion in 2024. The Europe online sports-betting market is projected to grow from 12.61 USD Billion in 2025 to 31.49 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 9.59% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Europe online sports-betting market is experiencing robust growth driven by technological advancements and changing consumer preferences.

    • Mobile betting continues to dominate the landscape, reflecting a shift towards convenience and accessibility in Germany and the UK.
    • Regulatory developments are shaping the market, with countries like Germany implementing stricter guidelines to ensure consumer protection.
    • The integration of live betting features is enhancing user engagement, particularly in the fast-growing UK market.
    • Technological advancements in betting platforms and the increased popularity of esports betting are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 11.5 (USD Billion)
    2035 Market Size 31.49 (USD Billion)

    Major Players

    DraftKings (US), FanDuel (US), BetMGM (US), William Hill (GB), Paddy Power (IE), Bet365 (GB), Unibet (SE), 888sport (GI), Ladbrokes (GB)

    Europe Online Sports Betting Market Trends

    The online sports-betting market in Europe is currently experiencing a dynamic evolution, driven by technological advancements and changing consumer preferences. The proliferation of mobile devices has facilitated easier access to betting platforms, allowing users to place wagers conveniently from various locations. This shift towards mobile betting is complemented by the increasing integration of live betting features, which enhance user engagement and provide real-time interaction. Furthermore, regulatory frameworks across different European nations are adapting to accommodate this growth, fostering a more secure and transparent environment for bettors. As a result, the market is likely to witness a surge in participation, particularly among younger demographics who are more inclined to embrace digital solutions. In addition to technological influences, the online sports-betting market is also shaped by evolving social attitudes towards gambling. There appears to be a growing acceptance of betting as a form of entertainment, which may contribute to increased participation rates. Moreover, partnerships between betting companies and sports organizations are becoming more prevalent, creating opportunities for cross-promotion and brand visibility. This trend suggests that the market is not only expanding in terms of user base but also diversifying in its offerings, catering to a wider range of interests and preferences. Overall, the online sports-betting market in Europe is poised for continued growth, driven by innovation and changing consumer dynamics.

    Mobile Betting Dominance

    The rise of mobile technology has transformed the online sports-betting market, enabling users to place bets conveniently through smartphones and tablets. This trend is likely to continue as more bettors prefer the flexibility and accessibility that mobile platforms offer.

    Regulatory Developments

    Regulatory changes across various European countries are shaping the online sports-betting market. Governments are increasingly implementing frameworks that promote responsible gambling while ensuring consumer protection, which may enhance market credibility.

    Integration of Live Betting

    Live betting features are becoming a staple in the online sports-betting market, allowing users to engage in real-time wagering during events. This trend enhances user experience and may lead to higher engagement levels among bettors.

    Europe Online Sports Betting Market Drivers

    Expansion of Payment Options

    The online sports-betting market is benefiting from the expansion of diverse payment options, which is crucial for attracting a wider audience. As consumers increasingly seek convenience and security in their transactions, platforms that offer multiple payment methods, including e-wallets, cryptocurrencies, and traditional banking options, are likely to gain a competitive edge. In 2025, it is projected that nearly 40% of online bettors will prefer using alternative payment methods, reflecting a shift in consumer preferences. This trend not only facilitates smoother transactions but also enhances user trust, thereby driving growth in the online sports-betting market.

    Increased Popularity of Esports Betting

    The online sports-betting market is witnessing a notable rise in the popularity of esports betting, which is becoming a significant driver of market growth. With the increasing viewership of esports events, particularly among younger demographics, betting on these events is gaining traction. In 2025, it is estimated that esports betting could account for around 15% of the total online betting market in Europe. This shift not only diversifies the betting options available but also attracts a new audience that may not engage with traditional sports betting. The integration of esports into mainstream betting platforms is likely to further enhance the industry's appeal.

    Growing Interest in Live Streaming Services

    The online sports-betting market is experiencing a growing interest in live streaming services, which are becoming integral to the betting experience. By providing real-time access to events, platforms can enhance user engagement and encourage in-play betting. This trend appears to be particularly appealing to bettors who prefer to make informed decisions based on live game dynamics. As of 2025, it is estimated that platforms offering live streaming could see an increase in user participation by approximately 25%. This integration of live streaming not only enriches the betting experience but also positions platforms to capitalize on the increasing demand for interactive and dynamic betting options.

    Enhanced User Engagement through Gamification

    The online sports-betting market is increasingly adopting gamification strategies to enhance user engagement and retention. By incorporating elements such as rewards, leaderboards, and interactive features, betting platforms are creating a more immersive experience for users. This approach appears to resonate particularly well with younger bettors, who are drawn to the competitive aspects of gamified betting. As a result, platforms that effectively implement these strategies may see an increase in user activity and loyalty. Reports suggest that gamification could potentially boost user retention rates by up to 30%, thereby contributing to the overall growth of the online sports-betting market.

    Technological Advancements in Betting Platforms

    The online sports-betting market is experiencing a surge in technological advancements, which are reshaping user experiences and operational efficiencies. Innovations such as artificial intelligence and machine learning are being integrated into betting platforms, enhancing predictive analytics and personalized user interfaces. This technological evolution is likely to attract a broader demographic, particularly younger audiences who are more tech-savvy. Furthermore, the implementation of blockchain technology is anticipated to increase transparency and security in transactions, addressing concerns related to fraud. As of 2025, the market is projected to reach a valuation of approximately €10 billion, indicating a robust growth trajectory driven by these advancements.

    Market Segment Insights

    By Type: Fixed Odds Betting (Largest) vs. Live Betting (Fastest-Growing)

    The online sports-betting market features several types, with Fixed Odds Betting commanding the largest share, stemming from its simplicity and widespread acceptance among users. In contrast, Live Betting is quickly gaining traction, appealing to bettors seeking real-time engagement and dynamic betting opportunities. The ability to place bets while games are ongoing enhances the user experience and drives the growth of this segment. Factors contributing to the growth of Live Betting include advancements in technology that facilitate live data tracking, increased smartphone usage, and a growing interest in-play betting. Additionally, the ease of access to various platforms allows bettors to participate anytime, transforming the overall landscape. As regulations become more favorable in certain regions, the market will likely witness an even greater rise in segments such as Exchange Betting and Parlay Betting, although they currently hold smaller shares.

    Live Betting (Dominant) vs. Parlay Betting (Emerging)

    Live Betting dominates by offering an interactive, engaging experience, allowing users to place bets as events unfold, which resonates strongly with modern bettor preferences. The immediacy of Live Betting has established it as a critical component in the online sports-betting landscape. Parlay Betting, while considered an emerging segment, is gaining popularity due to its potential for higher payouts, as bettors can combine multiple selections into one wager. This appeal makes it attractive, especially for risk-takers. However, Parlay Betting requires a higher level of knowledge and strategy, which can be a barrier for novice bettors. Overall, both segments serve distinct bettor needs, contributing uniquely to the market's diversity.

    By Device Type: Mobile (Largest) vs. Desktop (Fastest-Growing)

    The distribution of the device type segment in the online sports-betting market reveals that mobile has captured a significant share, becoming the preferred choice among bettors. This trend is primarily driven by the convenience and accessibility that mobile platforms offer. Consequently, desktop usage, although still relevant, shows a rising preference for mobile applications due to their user-friendly interface and functionalities that enhance the betting experience. Furthermore, the growth trends indicate that the mobile segment is not only leading in market share but also expanding rapidly. Factors contributing to this growth include the increasing penetration of smartphones, advancements in mobile technology, and the development of dedicated betting applications. Desktop, while experiencing slower growth, benefits from a dedicated user base that values its stable interface and comprehensive data display.

    Mobile (Dominant) vs. Desktop (Emerging)

    Mobile devices have established themselves as the dominant force in the online sports-betting landscape. Their ability to allow users to place bets anytime and anywhere creates a significant competitive edge over traditional platforms. The intuitive design and smooth accessibility of mobile apps attract a younger demographic that prefers mobile gambling. On the other hand, desktop platforms are emerging as a viable choice for a specific segment of bettors who appreciate detailed statistical analysis and extended betting options available on comprehensive interfaces. This duality creates a well-rounded market, with mobile at the forefront of innovation while desktop slowly adapts to new user expectations.

    By Sports Category: Football (Largest) vs. Esports (Fastest-Growing)

    The market share distribution among the sports segments in the online sports-betting market reveals that Football continues to hold the largest share, significantly outpacing other sports. Following Football, Basketball and Tennis also contribute notably to the market, yet their shares are much smaller. In contrast, Cricket and Esports are gaining traction, albeit with different dynamics influencing their performances in this segment. Growth trends indicate that while Football remains dominant, Esports is emerging rapidly as a favorite among younger audiences, driven by increased digital engagement and the rise of streaming platforms. The enthusiasm for competitive gaming is propelling its growth, making it a pivotal segment within the online betting landscape. Additionally, traditional sports like Basketball and Tennis are expected to maintain steady growth, driven by a blend of traditional viewership and increased online participation.

    Football: Dominant vs. Esports: Emerging

    Football's market position as the dominant segment is attributed to its widespread popularity across various demographics, leading to substantial betting activities. Its established leagues and events provide a constant stream of betting opportunities, appealing to a diverse audience. Meanwhile, Esports is capturing interest as an emerging segment. With its rapid growth, driven by the younger generation's preference for digital entertainment, it presents a fresh avenue for betting operators. The engagement levels in Esports are dramatically increasing, supported by live streaming and virtual competitions, making it a key focus for future growth in the online sports betting sector.

    By Payment Method: E-Wallets (Largest) vs. Cryptocurrency (Fastest-Growing)

    In the Europe online sports-betting market, among the various payment methods, E-Wallets hold a significant share, showcasing their dominance in user preference due to their speed and convenience. Credit/Debit Cards and Bank Transfers follow, appealing to users who prefer traditional payment mechanisms. Cryptocurrency, while currently smaller in market share, is catching up with a growing user base seeking anonymity and security in transactions. The growth trends in this segment are fueled by technological advancements and changing consumer preferences. E-Wallets benefit from increasing adoption in online betting platforms, driven by their ease of use and quicker transaction speeds. Meanwhile, the rise of Cryptocurrency reflects a shift towards digital currencies, catering to a niche but expanding audience keen on the innovation and decentralized nature of these payment options.

    Credit/Debit Card (Dominant) vs. Bank Transfer (Emerging)

    Credit/Debit Cards remain the dominant payment method in the Europe online sports-betting market, widely accepted and trusted by consumers for their straightforward applicability. They provide instant transactions, making them a preferred choice for many bettors. However, Bank Transfers are emerging as a viable alternative, particularly among users who prioritize security and larger transaction limits. Although slower compared to E-Wallets and cards, they build trust due to their established presence in the banking system. As the market evolves, both payment methods are adapting to meet user demands, with banks integrating more advanced technologies and offering incentives to compete with faster alternatives.

    Get more detailed insights about Europe Online Sports Betting Market

    Regional Insights

    Germany : Regulatory Changes Fuel Market Growth

    Germany holds a market share of 1.8% in the online sports-betting sector, valued at approximately €1.5 billion. Key growth drivers include the recent legalization of online gambling, which has spurred demand. The government has implemented strict regulations to ensure consumer protection and responsible gambling, while also promoting local operators. Infrastructure improvements, particularly in digital payment systems, have further facilitated market expansion.

    UK : Established Market with Strong Players

    The UK dominates the online sports-betting market with a 4.5% share, valued at around €4 billion. Growth is driven by a mature market, high consumer engagement, and a wide variety of betting options. Regulatory frameworks, such as the Gambling Act 2005, ensure a safe environment for consumers. The UK also boasts advanced technological infrastructure, supporting mobile and online betting platforms.

    France : Market Growth Amidst Regulatory Changes

    France's online sports-betting market holds a 2.0% share, valued at approximately €1.8 billion. The market is experiencing growth due to recent regulatory reforms aimed at increasing competition and consumer choice. The French government has introduced measures to enhance responsible gambling practices, while also investing in digital infrastructure to support online platforms. Demand for sports betting is particularly high during major events like the UEFA Champions League.

    Russia : Potential Growth Amidst Challenges

    Russia's online sports-betting market accounts for 1.2% of the European share, valued at around €1 billion. Growth drivers include a rising interest in sports and increased internet penetration. However, regulatory challenges persist, with strict laws governing online gambling. The government is working on frameworks to better regulate the industry, which could enhance market stability. Major cities like Moscow and St. Petersburg are key markets for online betting.

    Italy : Diverse Options for Bettors

    Italy's online sports-betting market holds a 1.0% share, valued at approximately €900 million. The market is characterized by a diverse range of betting options and a strong presence of local operators. Regulatory measures, including the introduction of the ADM (Agenzia delle Dogane e dei Monopoli), have fostered a competitive landscape. Major cities like Rome and Milan are central to market activities, with significant participation from players like Bet365 and William Hill.

    Spain : Regulatory Frameworks Enhance Growth

    Spain's online sports-betting market also holds a 1.0% share, valued at around €800 million. The market is driven by a young, tech-savvy population and a favorable regulatory environment established by the Spanish Gambling Act. This has led to increased participation from international operators. Key cities such as Madrid and Barcelona are hotspots for online betting, with major players like Betfair and 888sport making significant inroads.

    Rest of Europe : Diverse Opportunities Across Regions

    The Rest of Europe accounts for a 0.8% market share in online sports betting, valued at approximately €700 million. Growth is driven by increasing internet access and a shift towards digital platforms. Regulatory environments vary significantly, with some countries adopting more liberal policies. Key markets include the Nordic countries and Eastern Europe, where local players are beginning to emerge. The competitive landscape is fragmented, with opportunities for both established and new entrants.

    Key Players and Competitive Insights

    The online sports-betting market in Europe is characterized by a dynamic competitive landscape, driven by technological advancements and evolving consumer preferences. Key players such as DraftKings (US), Bet365 (GB), and William Hill (GB) are at the forefront, each adopting distinct strategies to enhance their market presence. DraftKings (US) focuses on innovation through its user-friendly platform and extensive marketing campaigns, while Bet365 (GB) emphasizes a comprehensive betting experience, integrating live streaming and in-play betting features. William Hill (GB), with its long-standing reputation, is leveraging partnerships to expand its digital footprint, thereby shaping a competitive environment that is increasingly reliant on technology and customer engagement.

    The market structure appears moderately fragmented, with numerous operators vying for market share. Key business tactics include localizing offerings to cater to regional preferences and optimizing digital platforms for enhanced user experience. The collective influence of these major players fosters a competitive atmosphere where agility and responsiveness to market trends are paramount. As companies strive to differentiate themselves, the focus on customer-centric strategies becomes increasingly evident.

    In October 2025, Bet365 (GB) announced a strategic partnership with a leading data analytics firm to enhance its predictive modeling capabilities. This move is likely to bolster Bet365's ability to offer personalized betting experiences, thereby attracting a broader customer base. The integration of advanced analytics into their platform may provide a competitive edge, allowing for more tailored marketing strategies and improved customer retention.

    In September 2025, DraftKings (US) expanded its operations into the German market, following the recent regulatory changes that allow for online sports betting. This expansion signifies a critical step in DraftKings' growth strategy, as it seeks to capitalize on the burgeoning European market. By establishing a presence in Germany, DraftKings may enhance its brand visibility and tap into a new demographic of sports bettors, potentially increasing its market share in the region.

    In August 2025, William Hill (GB) launched a new mobile application designed to enhance user engagement through gamification features. This initiative reflects a broader trend towards creating interactive and engaging betting experiences. By prioritizing user experience, William Hill aims to retain existing customers while attracting new ones, indicating a shift towards innovation as a key competitive differentiator.

    As of November 2025, the competitive trends in the online sports-betting market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence (AI). Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in enhancing technological capabilities. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. This shift underscores the importance of adaptability and forward-thinking strategies in navigating the complexities of the market.

    Key Companies in the Europe Online Sports Betting Market market include

    Industry Developments

    The Europe Online Sports Betting Market has seen significant developments recently. In October 2023, Entain announced the acquisition of an undisclosed stake in a prominent European sports betting technology firm, boosting its market position TGP Europe resigned its UK operating license on June 16, 2025, due to violations of anti-money laundering regulations. This action terminated the company's practice of enabling offshore Asian wagering firms to advertise through UK Premier League sponsorships. An investigation conducted on March 21, 2025, disclosed that betting corporations sponsored two-thirds of the clubs in 31 European leagues.

    Gambling companies spent more than US$135 million this season, despite the impending regulations that will prohibit clothing sponsorships.

    The regulatory environment remains dynamic, with various European nations implementing new licensing requirements and responsible gambling measures, influencing how companies like William Hill and Paddy Power operate within the market. Overall, these developments reflect an increasingly competitive and evolving landscape for online sports betting across Europe.

    Future Outlook

    Europe Online Sports Betting Market Future Outlook

    The online sports-betting market is projected to grow at a 9.59% CAGR from 2024 to 2035, driven by technological advancements, regulatory changes, and increasing consumer engagement.

    New opportunities lie in:

    • Integration of AI-driven predictive analytics for personalized betting experiences.
    • Expansion of mobile betting applications to enhance user accessibility.
    • Development of blockchain-based platforms for secure and transparent transactions.

    By 2035, the market is expected to achieve substantial growth, driven by innovation and evolving consumer preferences.

    Market Segmentation

    Europe Online Sports Betting Market Type Outlook

    • Fixed Odds Betting
    • Exchange Betting
    • Live Betting
    • Parlay Betting

    Europe Online Sports Betting Market Device Type Outlook

    • Desktop
    • Mobile
    • Tablet

    Europe Online Sports Betting Market Payment Method Outlook

    • Credit/Debit Card
    • E-Wallets
    • Bank Transfer
    • Cryptocurrency

    Europe Online Sports Betting Market Sports Category Outlook

    • Football
    • Basketball
    • Tennis
    • Cricket
    • Esports

    Report Scope

    MARKET SIZE 202411.5(USD Billion)
    MARKET SIZE 202512.61(USD Billion)
    MARKET SIZE 203531.49(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)9.59% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies Profiled["DraftKings (US)", "FanDuel (US)", "BetMGM (US)", "William Hill (GB)", "Paddy Power (IE)", "Bet365 (GB)", "Unibet (SE)", "888sport (GI)", "Ladbrokes (GB)"]
    Segments CoveredType, Device Type, Sports Category, Payment Method
    Key Market OpportunitiesIntegration of blockchain technology enhances transparency and security in the online sports-betting market.
    Key Market DynamicsRegulatory changes and technological advancements reshape competitive dynamics in the online sports-betting market.
    Countries CoveredGermany, UK, France, Russia, Italy, Spain, Rest of Europe

    Leave a Comment

    FAQs

    What is the projected market size of the Europe Online Sports Betting Market in 2024?

    The Europe Online Sports Betting Market is projected to be valued at 11.5 USD billion in 2024.

    What will the market size of the Europe Online Sports Betting Market be in 2035?

    By 2035, the Europe Online Sports Betting Market is expected to reach a value of 43.37 USD billion.

    What is the expected compound annual growth rate (CAGR) for the Europe Online Sports Betting Market from 2025 to 2035?

    The expected CAGR for the Europe Online Sports Betting Market during the period from 2025 to 2035 is 12.824%.

    Which segments show the highest market value within the Europe Online Sports Betting Market in 2024?

    In 2024, the segments with the highest market values are Football at 5.2 USD billion and Horse Racing at 2.7 USD billion.

    Which region represents the largest market share in the Europe Online Sports Betting Market in 2024?

    The UK represents the largest market share in the Europe Online Sports Betting Market, valued at 4.0 USD billion in 2024.

    How much is the Germany Online Sports Betting Market expected to be valued at in 2035?

    The Germany Online Sports Betting Market is expected to be valued at 8.8 USD billion in 2035.

    Who are the key players in the Europe Online Sports Betting Market?

    Key players in the Europe Online Sports Betting Market include Entain, Bet365, Tipico, and Kindred Group.

    What is the expected value of the Cricket segment in the Europe Online Sports Betting Market by 2035?

    The Cricket segment is expected to reach a value of 4.19 USD billion in the Europe Online Sports Betting Market by 2035.

    What is the projected market growth for the Car Racing segment from 2024 to 2035?

    The Car Racing segment is projected to grow from 1.5 USD billion in 2024 to 5.84 USD billion by 2035.

    What challenges and opportunities exist for the Europe Online Sports Betting Market?

    The market faces challenges such as regulatory hurdles while also presenting opportunities for technology integration and expanded user engagement.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials

    Compare Licence

    ×
    Features License Type
    Single User Multiuser License Enterprise User
    Price $4,950 $5,950 $7,250
    Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
    Free Customization
    Direct Access to Analyst
    Deliverable Format
    Platform Access
    Discount on Next Purchase 10% 15% 15%
    Printable Versions