Online gambling revenue across the EU and UK generated €47.9 billion (US$55.1 billion) in 2024, up from €42.9 billion in 2023. The wider European gambling market is projected to grow to €149.2 billion ($171.8 billion) by 2029 as online channels grab market share from land‑based venues. Brazil, meanwhile, has become one of the fastest‑growing iGaming markets globally. Sports betting revenue grew 71 percent between 2020 and 2023, and the country’s total iGaming market is projected to reach R$120 billion (around US$24 billion) in 2025, fuelled by regulatory reforms and a population of more than 215 million increasingly engaging with online betting and casino products.