![]() ![]() In 2021, Europe's online gambling revenue was expected to reach €36.4 billion (41.7% of total gambling) gross gaming revenue (GGR), an increase of 19% compared to 2020. The Covid-19 crisis slowed growth compared to 2019, but accelerated the market transformation from offline to online. ![]() Excluding lotteries, licensed online gambling revenue across Europe is growing year by year: from €17.3 billion in 2019 to €24.6 billion in 2021. Thanks to regulatory bodies collating and reporting jurisdictional online market data, the business has moved out of the shadows and become more transparent. Over the past decade, the European gambling market has shown significant growth. Let's figure out why and how the war in Ukraine affects the market. Eastern Europe became a prominent market with solid growth potential for the entertainment industry, and companies are seeking opportunities to build strategic advantages in the region. ![]()
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