European Gambling and Betting Association has released its ‘Key Figures 2022 report’. This provides a quick snapshot of the prevalence and performance of gambling in European jurisdictions.
This macro report was co-authored and details the return to stable trading in Europe’s gaming market. It generates combined gross gaming revenue (GGR), of EUR108.5bn. This is an “8% increase over pre-pandemic levels for 2019” and a 23% jump over 2021.
Growth was expected to be attributed to land-based gaming venues opening, which saw a 34% increase in GGR to EUR70.3bn by 2022. This segment accounted for 65% total gambling revenue.
Other positives included an increase in online gambling revenues of 8% to EUR38.2bn GRR. This is 35% more than the total European gambling revenue for 2022.
Online casino generates EUR14.9bn GGR. This is closely followed by online sportsbook which generated a total 2022 GGR record of EUR13.6bn.
Sweden is the country with the greatest percentage of online gambling (80%), followed by Latvia (75%), Lithuania (67%), Romania (665%), and the UK (65%).
The snapshot report also noted that France, Spain, Germany, Italy and Germany continue to hold “a low online share” of their gambling markets.
The combined GGR from the UK’s and EU’s 27 market EGBA members revealed a total of EUR11.6 billion – 33% of Europe’s online gambling revenues that year.
2022 was a year in which HTMLBA members served 29.8m clients. Operators processed more than EUR111bn of online bets and generated a perceived worth of EUR202.9bn.
Recorded payouts showed that EGBA members returned EUR191,3bn to customers as winnings. This corresponds to a return to player (RTP rate) of approximately 94.3%.
After the extraordinary upheavals and disruptions caused by the pandemic, Europe’s gambling markets began to stabilize in this year. Maarten Haijer was Secretary General of EGBA.
“While online gambling continues to rise, the land-based market is recovering from widespread closures of betting shops and casinos in the last two years.”
