North America's gambling momentum stems largely from the U.S., following the repeal of PASPA in 2018. By 2024, over 30 U.S. states had legalized sports betting, with seven offering regulated online casino play. This has created a dynamic market generating $14 billion from sports betting and $8 billion from casino activity.
Approximately 54 million Americans engage in online sports betting. Online casino gaming contributes 38% of the U.S. online gaming revenue, showing a balanced vertical profile. Canada also plays a notable role, with Ontario alone generating CAD $1.4 billion and over one million active accounts in its first regulated year.
US Markets: Leading Market
In 2024, the online gambling market in the United States was valued at approximately USD 16.56 billion, reflecting its position as one of the most mature and dynamic markets in the Americas. The rapid growth has been largely driven by the widespread legalization of sports betting across numerous states, along with the continued expansion of online casino offerings. Key trends shaping the industry include the increasing popularity of mobile betting and the rise of in-play wagering, which allows users to place bets in real-time during events. Additionally, the integration of AI technologies is playing a growing role in enhancing both user experiences and platform security, marking a new phase of innovation in the U.S. iGaming sector.
Canadian Markets: Regulated Growth
Canada's online gambling market is projected to reach USD 4.19 billion in 2024, reflecting steady growth fueled by key regulatory changes. The legalization of single-event sports betting in 2021, along with the move by provinces to regulate online gaming platforms, has established a more structured and secure environment for operators and players alike. This regulatory clarity has encouraged market participation and innovation. In addition, Canadians are showing increasing interest in online casino games, poker, and sports betting, with the trend further amplified by the widespread use of mobile devices and the availability of reliable, secure payment options.
Mexican Markets: Emerging Opportunities
Mexico stands out as one of the largest iGaming markets in Latin America, with real-money gaming generating an annual turnover comparable to that of Brazil, exceeding USD 10 billion. The country's strong market performance is fueled by a large and engaged user base, coupled with a deep-rooted cultural affinity for gambling. Despite ongoing regulatory uncertainties, the online gambling sector remains resilient and continues to expand, with a significant portion of the adult population actively participating in digital betting and casino platforms.
