Europe’s gambling revenues projected to increase by 7.5% in 2021

Author: Live Casino Direct
 
Europe’s gambling revenues projected to increase by 7.5% in 2021
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Europe's gambling revenues are expected to increase by 7.5% in 2021. The report predicts Europe's online gambling revenue will increase 19% this year to €36.4bn ($41.1bn) However, land-based gambling is expected down by 32% due to the Covid-19 pandemic. Mobile devices are set to account for majority of Europe’s online bets for the first time ever.

Europe's gambling revenues are expected to increase by 7.5% in 2021. The report predicts Europe's online gambling revenue will increase 19% this year to €36.4bn ($41.1bn). Mobile devices will account for majority of Europe’s online bets for the first time ever. Flutter Entertainment has bought Italian online operator Sisal for €1.91bn $2.17bn.   i.e. the use of mobile devices is expected by 61. 5% of all online betting bets by 2026.