Australia Online Gambling Market to Reach USD 8.9 Billion by 2033, Bolstered by the Inflating Disposable Incomes

February 07, 2025 | Technology & Media

The latest report by IMARC Group, titled “Australia Online Gambling Market Size, Share, Trends and Forecast by Game Type, Device, and Region, 2025-2033,” finds that the Australia online gambling market size reached USD 5.2 Billion in 2024. Online gambling, also known as electronic gambling, is the process of placing bets with a betting shop, bookie, and other gambling establishments. It is conducted via the internet, which offers a wide range of benefits, such as free games, bonuses, loyalty points, no traveling, global access, flexibility, convenience, and a wide range of payment options. In Australia, the introduction of new forms of online gambling, like keno, instant scratch tickets, and lottery terminals, has gained popularity across the country. Online gambling platforms also attract the younger generation and reach people who do not have access to casinos or bars.


Australia Online Gambling Market Trends:

The market is primarily driven by inflating disposable incomes and the increasing reliance on smartphones in the region. In addition, key market players are launching online gambling applications which can be easily accessed via tablets or mobile devices. Moreover, the sudden outbreak of the coronavirus (Covid-19) disease pandemic and the lockdown restrictions encouraged consumers to shift toward online gaming, which represents another major growth-inducing factor. Besides this, the market is also being propelled by rising penetration of the internet, which assisted consumers in interacting with international and domestic gambling websites and mobile applications. Furthermore, the advent of advanced technologies, including virtual reality (VR), 3D animation, and blockchain, which create an immersive experience for the player and help maintain the transparency of gambling activities, is contributing to market growth. Looking forward, IMARC Group expects the market value to reach USD 8.9 Billion by 2033, exhibiting a CAGR of 5.88% during the forecast period (2025-2033).


Market Summary:

  • Based on the game type, the market has been classified into sports betting (football, horse racing, e-sports, and others), casino betting (live casino, baccarat, blackjack, poker, slots, and others), and others.
  • On the basis of the device, the market has been segmented into desktop, mobile, and others.
  • Region-wise, the market has been divided into Australia Capital Territory and New South Wales, Victoria and Tasmania, Queensland, Northern Territory and Southern Australia, and Western Australia.
  • The competitive landscape of the industry has also been examined, along with the profiles of the key players.
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2024
Historical Period 2019-2024
Forecast Period 2025-2033
Units Billion USD
Segment Coverage Game Type, Device, Region
Region Covered Australia Capital Territory and New South Wales, Victoria and Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia
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Australia Online Gambling Market to Reach USD 8.9 Billion by 2033, Bolstered by the Inflating Disposable Incomes
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