Countries That Profit from iGaming the Most

March 2, 2022 China Earnings & Filings

With the uprise of mobile devices and better telecommunications infrastructure, the global market has witnessed a gradual growth of iGaming in recent years. Combined with eSports, iGaming constantly provides a stable source of revenue for various countries.

Nations With the Highest Profit From iGaming
In this article, we will look into those countries which have outshined other nations in terms of their monetary returns from the iGaming sector. So, without further ado, let’s get into the details.

China
China has topped the global online gaming market with a massive worth of $44.26 billion. With the benefit of being the largest populous country, China has 685.48 million players who keep the gaming stats boosted. Despite censorship and bans on games in the digital domain, gamers find a way to play and satisfy their need for entertainment.

United States
The United States of America is closing in behind China, with estimated market size of $42.10 billion in gaming. With more and more states legalizing sports betting, the US is experiencing a surge in demand for iGaming services as well. With around 273 million people playing online, gaming became a primary source of entertainment for many, especially during the COVID-19 pandemic.

There’s hardly anybody in the country who doesn’t have a smartphone. Thanks to improving telecommunications infrastructure, which provides better access, gaming platforms are set to profit immensely.

Japan
Japan holds an honorable position in the global market as far as gaming is concerned. Technology advancements in Japan mean better access to iGaming platforms. Even though the country has a relatively smaller population than the US and China, Japan has secured a noteworthy place in iGaming globally.

Moreover, the iGaming market is by no means saturated in Japan, which portrays the possibility of further growth in this domain. Although gambling faces legal challenges, gaming companies have successfully secured an estimated $20.61 billion in revenue.