New forecast says global online gambling revenues will more than double by 2033
A newly released market forecast from Grand View Research projects that global online gambling revenues will more than double between 2026 and 2033. According to the report, the sector is expected to grow from USD 97.7 billion in 2026 to USD 202.8 billion by 2033, implying a sustained period of high single‑ to low double‑digit annual growth. This places online gambling among the faster‑growing segments of the wider digital entertainment economy. For industry stakeholders, including Indian-facing operators and payment providers, the numbers provide a data-backed reference point for long-term planning, product investment and regulatory risk assessment.
Grand View Research outlines rapid online gambling revenue expansion to 2033
The latest online gambling market forecast from Grand View Research provides a detailed seven-year outlook for digital wagering revenues from 2026 through 2033. The report values the online gambling market at USD 88.0 billion in 2025 and notes that it is projected to grow to USD 97.7 billion in 2026. From there, the market is expected to continue expanding, reaching USD 202.8 billion by 2033. On headline numbers alone, this means the sector’s annual revenues are forecast to more than double between 2026 and 2033.
While the report’s full regional and segment breakdowns sit behind a paywall, the topline figures position online gambling as a structurally growing part of the wider iGaming and digital entertainment landscape. For context, another specialised iGaming market data study places the broader global iGaming market at USD 91.63 billion in 2025 and projects it to reach USD 168.71 billion by 2031 at a compound annual growth rate (CAGR) of 10.72%. Taken together, these two datasets point in the same direction: online gambling and iGaming are expected to sustain robust, long-term growth rather than a short-lived spike.
How the new online gambling forecast compares with wider iGaming projections
Although the Grand View Research study focuses on online gambling as a whole, other market intelligence providers have published separate projections for adjacent segments such as iGaming more broadly and sports betting in particular. For example, an iGaming payments-focused report estimates that the global iGaming market will grow from USD 101.45 billion in 2026 to USD 168.71 billion by 2031, based on a 10.72% CAGR calculation. In parallel, a separate sports betting market report values the sports betting market at USD 177.59 billion in 2026 and forecasts it will reach USD 393.91 billion by 2035 at a CAGR of 9.26%.
Comparing these figures with the Grand View Research online gambling forecast shows a broadly consistent growth narrative: each dataset points to high-single to low-double-digit annual expansion over the medium term. In absolute numbers, the Grand View Research projection of USD 202.8 billion in online gambling revenues by 2033 implies a market size that is directionally aligned with, though not directly comparable to, the totals suggested for iGaming and sports betting in other reports, given differences in how each source defines its segments.
For India-focused stakeholders, this comparative view matters because product strategies and compliance planning often span multiple verticals, including casino-style games, sports betting and fantasy formats. Even though the Grand View Research numbers are global rather than India-specific, they offer a benchmark against which to measure local growth trajectories, especially as more state-level regulatory frameworks for online games of skill and chance take shape.
| Market segment / report | Baseline year & value | Forecast horizon & value | Implied growth pattern |
|---|---|---|---|
| Online gambling (Grand View Research) | 2025: USD 88.0 billion; 2026: USD 97.7 billion | 2033: USD 202.8 billion | Revenues more than double between 2026 and 2033, indicating strong sustained growth |
| Global iGaming (iGaming payments report) | 2025: USD 91.63 billion; 2026: USD 101.45 billion | 2031: USD 168.71 billion | 10.72% CAGR projected from 2025 to 2031 |
| Sports betting (separate market study) | 2026: USD 177.59 billion | 2035: USD 393.91 billion | 9.26% CAGR forecast through 2035 |
What the doubling of online gambling revenues could mean for product, payments and policy
For operators, suppliers and payment partners working with Indian users, the Grand View Research forecast reinforces the expectation that online gambling will remain on an upward trajectory globally through the next decade. Although the study’s headline numbers are global, rising international volumes typically translate into greater product variety, more sophisticated risk management tools and higher expectations around user experience, especially on mobile.
From a payments perspective, the iGaming market data that projects a climb from USD 101.45 billion in 2026 to USD 168.71 billion by 2031 underscores how central transaction flows are to the sector’s expansion. In practice, this often leads to a deeper integration of multiple payment options, faster settlement expectations and additional layers of security and verification. For regulators and policymakers, the same growth projections highlight the importance of keeping responsible gaming frameworks, advertising rules and anti-money laundering controls in step with the scale of activity.
For Indian readers, the key takeaway from the new Grand View Research forecast is not only the absolute size of the global market by 2033, but also the pace at which online gambling is professionalising and formalising worldwide. As state and central authorities continue to examine how to classify and oversee different forms of online real-money gaming, data of this kind provides a factual reference point for assessing long-term market significance relative to other digital sectors such as mainstream gaming, streaming and e-commerce.
