Markets
iGaming markets.
Where the opportunity actually is.
133 markets, screened on the numbers that decide entry: what the market is worth, how fast it is growing, and how much of it sits with licensed operators.
- Online GGR 2026
- USD 135bn
- Growth 2025 to 2026
- 13%
- Regulated markets
- 85
- Opening in 24 months
- 9
- Regulated
- Local licensing regime exists and is enforced.
- Partially regulated
- Some verticals legal, others prohibited or monopoly-only.
- Offshore only
- No local licensing regime; players use international operators.
- Prohibited
- Online gambling explicitly banned; offshore activity nonetheless occurs.
133 markets with measurable online gambling activity. Regulated and offshore GGR, growth, channelisation, mobile share and vertical legality. 37 carry a full researched profile with cited sources; the rest are the measured data. Filter by region or status, or search a country or regulator.
Albania
Partially regulated
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Austria
Partially regulated, full profile
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Belarus
Regulated
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Belgium
Regulated, full profile
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Bosnia and Herzegovina
Regulated
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Bulgaria
Regulated
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Croatia
Regulated
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Cyprus
Partially regulated, full profile
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Czech Republic
Regulated
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Denmark
Regulated, full profile
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Estonia
Regulated
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Finland
Partially regulated
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France
Partially regulated, full profile
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Germany
Regulated, full profile
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Gibraltar
Regulated
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Greece
Regulated, full profile
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Hungary
Partially regulated
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Iceland
Offshore only
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Ireland
Regulated, full profile
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Isle of Man
Regulated
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Italy
Regulated, full profile
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Kosovo
Offshore only
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Latvia
Regulated
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Lithuania
Regulated
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Luxembourg
Offshore only
Read about this market »Malta
Regulated, full profile
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Moldova
Partially regulated
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Montenegro
Regulated
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Netherlands
Regulated, full profile
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North Macedonia
Partially regulated
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Norway
Partially regulated
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Poland
Partially regulated
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Portugal
Regulated, full profile
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Romania
Regulated
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Russia
Partially regulated
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Serbia
Regulated
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Slovakia
Regulated
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Slovenia
Partially regulated
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Spain
Regulated, full profile
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Sweden
Regulated, full profile
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Switzerland
Regulated, full profile
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Turkey
Partially regulated
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Ukraine
Regulated
Read about this market »United Kingdom
Regulated, full profile
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Canada - Ontario
Regulated
Read about this market » Canada - other provinces
Partially regulated
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Mexico
Partially regulated, full profile
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United States - Connecticut
Regulated
Read about this market » United States - Delaware
Regulated
Read about this market » United States - Illinois
Partially regulated
Read about this market » United States - Maine
Partially regulated
Read about this market » United States - Massachusetts
Partially regulated
Read about this market » United States - Michigan
Regulated
Read about this market » United States - Nevada (online poker)
Partially regulated
Read about this market » United States - New Jersey
Regulated
Read about this market » United States - New York
Partially regulated
Read about this market » United States - Ohio
Partially regulated
Read about this market » United States - other sports states (38 total)
Partially regulated
Read about this market » United States - Pennsylvania
Regulated
Read about this market » United States - Rhode Island
Regulated
Read about this market » United States - West Virginia
Regulated
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Antigua and Barbuda
Offshore only
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Argentina
Partially regulated, full profile
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Bahamas
Partially regulated, full profile
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Bolivia
Offshore only, full profile
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Brazil
Regulated, full profile
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Chile
Offshore only, full profile
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Colombia
Regulated, full profile
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Costa Rica
Offshore only, full profile
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Curaçao
Regulated, full profile
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Dominican Republic
Regulated, full profile
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Ecuador
Offshore only, full profile
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Jamaica
Partially regulated, full profile
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Panama
Regulated, full profile
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Paraguay
Partially regulated, full profile
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Peru
Regulated, full profile
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Trinidad and Tobago
Offshore only
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Uruguay
Partially regulated, full profile
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Venezuela
Offshore only
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Australia
Partially regulated
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Bangladesh
Prohibited
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Cambodia
Offshore only
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China (mainland)
Partially regulated
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Hong Kong SAR
Partially regulated
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India
Prohibited
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Indonesia
Prohibited
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Japan
Partially regulated
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Macau SAR
Partially regulated
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Malaysia
Partially regulated
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New Zealand
Regulated
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Pakistan
Prohibited
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Philippines
Regulated
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Singapore
Regulated
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South Korea
Partially regulated
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Sri Lanka
Partially regulated
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Taiwan
Partially regulated
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Thailand
Partially regulated
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Vietnam
Partially regulated
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Bahrain
Prohibited
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Egypt
Partially regulated
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Iran
Prohibited
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Iraq
Partially regulated
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Israel
Partially regulated
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Jordan
Prohibited
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Kuwait
Prohibited
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Lebanon
Partially regulated
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Oman
Prohibited
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Qatar
Prohibited
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Saudi Arabia
Prohibited
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United Arab Emirates
Regulated
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Algeria
Prohibited
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Angola
Partially regulated
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Botswana
Regulated
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Cameroon
Offshore only
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Côte d'Ivoire
Regulated
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DR Congo
Offshore only
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Ethiopia
Offshore only
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Ghana
Regulated
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Kenya
Regulated
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Libya
Prohibited
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Mauritius
Regulated
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Morocco
Regulated
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Mozambique
Regulated
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Namibia
Regulated
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Nigeria
Partially regulated
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Rwanda
Regulated
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Senegal
Partially regulated
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South Africa
Partially regulated, full profile
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Tanzania
Regulated
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Tunisia
Partially regulated
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Uganda
Regulated
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Zambia
Regulated
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Zimbabwe
Partially regulated
Read about this market »Nothing matches that. Clear the filters, or tell me the market and I will say what the position is.
How to read this
A market is not an opportunity until your model survives its tax.
The tax headline and the channelisation figure together decide whether a market is worth entering, and neither number means much alone. Ninety-five per cent channelisation at forty per cent tax is a CRM business. Fifty per cent channelisation at a friendly rate is an acquisition business. Most operators pick the market first and discover which business they are in afterwards.
Get 3 actions
Deciding which market to open next?
One sentence is enough. I read these myself and reply with three actions you can take.