Europe’s gaming market has returned to pre-Covid growth levels, according to a report by the European Gambling and Betting Association (EGBA).
The “Key Figures 2022 Report,” was co-authored by the H2 Gambling Report. It notes the return to pre-pandemic levels of the European gaming market. Overall, the market generated combined gross gaming revenues (GGR) of €108.5 billion, which is “an 8% increase compared to pre-pandemic levels in 2019 and a 23 percent rise compared to 2021.”
The report attributes this to the recovery of land-based casinos, which generated a GGR increase of 34 percent, to €70.3 billion. This increase accounted for nearly two-thirds of total gaming revenue.
Online casinos generated €14.9 billion in GGR, followed by online sports betting at €13.6 billion.
EGBA Secretary General Maarten Haijer commented, “Europe’s gambling market began to stabilize this year following the unprecedented upheaval and disruption of the pandemic.”
