By SectorWire desk ·
Euromat research estimates that illegal online gambling in Europe generates €12bn in net revenue on 7 September. The research puts the market at three times its size six years earlier.
Europe’s estimated €12bn illegal online gambling market, triple its earlier size, shows regulators the scale of unlicensed activity.
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Euromat’s €12bn estimate gives operators and regulators a measure of Europe’s illegal online gambling market.
Euromat estimates Europe's illegal online gambling market accounts for 25% of the online sector after tripling in six years.
Euromat’s study estimates illegal online gambling revenue tripled since 2019, reaching 25% of Europe’s total gambling sector.
The study puts illegal competition at 25% of Europe’s online gambling sector, with the market tripling since 2019.