Home #Hwoodtimes Online Gambling Captures the Spirit of the Times: Coronavirus & Growing interest...

Online Gambling Captures the Spirit of the Times: Coronavirus & Growing interest among Women Double Operators’ Revenues

  • 64% of gamblers spending more time and money on online gambling since start of pandemic
  • Women gamblers are actually in the majority in the USA, gender ratio now 57% to 43%
  • Industry generated global revenues of $66.67 billion last year, forecast to exceed $100 billion by 2026
  • Lotto24 AG doubled revenues in Corona crisis year compared to 2019
  • 27% of German citizens spend money every month on betting and gambling

Online gambling is enjoying ever greater popularity, with the pandemic speeding up an upwards trend that was already underway. 64% of gamblers spent more time and money on gambling on the web during the pandemic, according to a new infographic by Wette.de.

But it is by no means just men who are trying their luck – quite the opposite. In the USA, women actually dominate online gambling, where the ratio is now 57% to 43%.

As shown in the infographic, the industry achieved global revenues of US $66.67 billion last year. This could be just the beginning, however, with current forecasts predicting revenues to exceed $100 billion by 2026.

Individual operators have recently been able to dramatically increase their revenues. Lotto24 AG, for example, generated €88 million in 2020, the year of the Corona crisis, compared to just €44 million in the previous year. This represents an increase of 550% compared to 2015.

Meanwhile, online gambling is especially popular in Europe. The continent accounts for 49% of the global market. Asia/Middle East is in second place with 31%, while North America has a market share of just 12%. Rising demand is also reflected in Google search volumes. The Google trend score for “online gambling” (worldwide) is 190% higher than it was 5 years ago, with the value indicating the relative search volume.

The number of online gamblers is also on the rise in Germany. Today, 27% of German citizens spend money on betting and gambling on a monthly basis.

The full story with the infographic, facts and more statistics:


Previous articleClean Living From The Inside Out And Beyond
Next articleHow much Olivia Rodrigo makes from her TikTok hits
Avatar photo
Valerie Milano is the well-connected Senior Editor and TV Critic at The Hollywood Times, a showbiz/promotions aggregate mainly for insiders. She has written for Communications Daily in DC, Discover Hollywood, Hollywood Today, Television International, and Video Age International in NYC. Valerie works closely with GLSEN, GLAAD, Human Rights Campaign (Fed Club Council Member), LAMBDA Legal, NCLR, and Outfest. She is also a member of the LA Press Club. She is a lay minister and parishioner of the Blessed Sacrament Catholic Church in Hollywood. Milano loves meeting people and does so in her getaway home in Palm Springs as a member of the Palm Springs Museum, Palm Springs Center and DAP Health (Partners for Life member). For years Valerie Milano had volunteered as a board member and one of the chief organizers for the Television Critics Association’s press tours. The tours take place twice a year in Beverly Hills/Pasadena.