SectorWire
SearchGet the daily briefing
Menu

Fincord estimates illegal online gambling generated $50bn worldwide in 2025

Regulation

Fincord Intelligence estimated that illegal online gambling generated about $50bn in gross revenue worldwide in 2025. The Betting and Gaming Council said illegal operators target UK users, including people who have self-excluded, and called for action against the services that support these networks. Fincord estimated that about 5,000 operator structures control more than 15,000 websites and apps.

The reported scale and targeting of self-excluded users are relevant to enforcement and consumer-protection responses in the UK.

Request a correction

Keep reading

Regulation

Lords committee urges UK gambling advertising ban

The House of Lords Liaison Committee urged the UK government to ban gambling advertising. Its follow-up report also called on ministers to drop the aim of growing the licensed industry and return to a policy of tolerating gambling without promoting it. Industry figures and researchers dispute the report’s treatment of survey data, advertising measures and illegal-market risks.

The House of Lords Liaison Committee has urged the government to ban gambling advertising "as soon as practicable" and to abandon its aim of growing the licensed industry, in a follow-up report published on 17 September. The committee said there is "no evidence for the safety of gambling advertising" and that voluntary measures "have not gone far enough". The government has two months to respond.

Continue reading