From then until 2026, the research firm expects the industry to grow at a CAGR of 16.5% and be worth $840 billion by the end of the forecast period. The industry itself was worth $287 billion in 2021 and it will grow at a compounded annual growth rate (CAGR) of a whopping 58.9% by the end of this year to stand at $457 billion, believes The Business Research Company. Gambling is one of the oldest industries in the world since it exists simply due to the human nature of taking chances for big returns. rate hikes and Russia-Ukraine war, foot traffic across retail and hospitality businesses has resumed, and casinos in particular have started back on the road to growth in regions where their businesses are not impacted by lockdowns. While 2022 has been beset with inflation. One of the hardest hit sectors was the hospitality industry since large indoor gatherings were prohibited.įast forward to 2022, and these industries are on the road to recovery. The outbreak of the coronavirus pandemic and the subsequent lockdowns decimated a host of industries all over the globe. For more companies, head on over to 5 Biggest Gambling Companies By Revenue. In this piece, we will take a look at the thirteen biggest gambling companies by revenue.
