Saudi Arabia Online Gambling Market Expected to Reach USD 1,593 Million by 2033 - IMARC Group

December 03, 2024 | Technology & Media

Saudi Arabia Online Gambling Market Statistics, Outlook and Regional Analysis 2025-2033

The Saudi Arabia online gambling market size was valued at USD 804 Million in 2024, and it is expected to reach USD 1,593 Million by 2033, exhibiting a growth rate (CAGR) of 7.9% from 2025 to 2033.

Saudi Arabia Online Gambling Market

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The widespread availability of high-speed internet and the growing adoption of smartphones have made online platforms more accessible. According to the International Trade Association, Saudi Arabia boasts a 99% internet penetration rate, with mobile internet speeds increasing to 215 Mbps - nearly double the global average. These advancements have placed Saudi Arabia among the top 10 countries globally for mobile internet speed. Industry reports indicate that the Saudi population using smartphones increased from 14.31 million in 2013 to 33.55 million in 2024. The number of smartphone users is expected to increase to 36.55 million in the year 2028. Technologically, this has enabled one to gamble online without facing the restrictions that are often associated with land-based casinos. The growth of secure and anonymous digital payment systems, which include cryptocurrencies, has enabled online transactions. These systems enable users to access gambling platforms without any direct ties to local banking systems, driving market participation.

Media and social platforms have enhanced exposure to global trends, hence raising interest in online gambling among the more tech-savvy younger demographics. International operators focus on advertising and offers that are relevant to this demographic, pushing the market further. This has attracted users due to diversified and immersive experiences such as sports betting, online casinos, and live dealer games. Gamified elements and interactive features enhance user engagement. For example, Instant Casino is a new entrant on the Saudi Arabian gambling map that launched in 2024. Golden Panda is another of the newest arrivals onto the Saudi casino gambling map that launched in 2024. Saudi Arabia's large expatriate population, who are used to online gambling at home, also adds significantly to market demand.

Saudi Arabia Online Gambling Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region. In the Northern and Central Region, high internet penetration and increasing smartphone usage are driving the online gambling market. In the Western Region, rapid urbanization and a growing young population with disposable income contribute to the rising demand for online gambling. In the Eastern Region, technological advancements and a strong presence of tech-savvy youth are fueling the online gambling trend. In the Southern Region, the rising internet accessibility and changing social attitudes towards online entertainment are driving market growth.

Northern and Central Region Online Gambling Market Trends:

In the Northern and Central Region, rapid digitalization, high internet penetration, and tech-savvy urban populations in cities like Riyadh fuel interest in online gambling as an alternative form of entertainment. Increased awareness of global trends and the availability of VPNs contribute to bypassing strict regulations, encouraging underground market growth.

Western Region Online Gambling Market Trends:

In the Western Region, the influence of international tourism hubs such as Jeddah exposes residents to global online gambling practices. Expats and tech-savvy locals use online platforms discreetly, driven by social curiosity and digital accessibility. The rising use of cryptocurrencies adds anonymity, facilitating gambling despite local prohibitions.

Eastern Region Online Gambling Market Trends:

The Eastern region benefits from geographic proximity to Bahrain and the UAE, where gambling regulations are more relaxed. Cross-border exposure combined with high disposable income encourages underground online gambling. Advanced IT infrastructure and VPN usage make it easier for residents to access international gambling websites.

Southern Region Online Gambling Market Trends:

In the Southern Region, the younger demographic and growing smartphone penetration in rural and semi-urban areas drive engagement with online gaming platforms, some of which overlap with gambling. Social media ads and influencer promotions targeting youth subtly promote gambling apps, further fueling this underground market.

Top Companies Leading in the Saudi Arabia Online Gambling Industry

The market operates in a restricted regulatory environment, with activity dominated by offshore platforms catering to local users. Key global players offer tailored services, leveraging secure payment systems like cryptocurrencies to ensure anonymity. These platforms compete by providing diverse options, including sports betting, online casinos, and live games. The market targets tech-savvy youth and expatriates, relying on advanced marketing strategies and user-friendly mobile apps. Competition is fueled by the growing demand for immersive gaming experiences and evolving technology. Despite strict local laws, global operators continue to innovate, capturing market share through discreet access and personalized gaming solutions. For instance, in April 2024, after witnessing the major success of its mobile game Monopoly Go, Saudi Arabia’s Savvy Games Group announced its plans to invest more in mobile game development and acquisitions. Savvy, wholly owned by Saudia Arabia’s Public Investment Fund (PIF), agreed to buy mobile game maker Scopely for $4.9 billion in April 2023, which will form the pivotal factor for Savvy’s current investment strategy.

Saudi Arabia Online Gambling Market Segmentation Coverage

  • On the basis of the game type, the market has been categorized into sports betting, (football, horse racing, E-sports, and others), casino, (live casino, baccarat, blackjack, poker, slots, and others), and others. Sports culture, particularly football, is highly popular in Saudi Arabia, driving demand for sports betting platforms. On the other hand, the growing interest in online entertainment and the allure of high-stakes gaming experiences make online casinos a major segment of the market.
  • Based on the device, the market is classified into desktop, mobile, and others. Desktops offer a more immersive and stable experience with larger screens, making them preferred for high-quality online gambling experiences. On the other hand, the widespread use of smartphones and the convenience of accessing gambling platforms on the go are driving the dominance of mobile in the market.

 

Report Features Details
Market Size in 2024 USD 804 Million
Market Forecast in 2033 USD 1,593 Million
Market Growth Rate 2025-2033 7.9%
Units Million USD
Scope of the Report Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment: 
  • Game Type
  • Device
  • Region
Game Types Covered
  • Sports Betting: Football, Horse Racing, E-Sports, Others
  • Casino: Live Casino, Baccarat, Blackjack, Poker, Slots, Others
  • Others
Devices Covered Dekstop, Mobile, Others
Regions Covered Northern and Central Region, Western Region, Eastern Region, Southern Region
Customization Scope 10% Free Customization
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


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