The European Gaming and Betting Association (EGBA) reported that its member operators generated a record €18 billion in Gross Gaming Revenue (GGR) in 2025, marking a 34% year-on-year increase and reinforcing the association's position as representing approximately 30% of Europe's regulated online gambling market. The figures were released in the EGBA Annual Activity Report 2026, presented by the Brussels-based association under the leadership of Secretary General Maarten Haijer, who attributed the growth to both the addition of new members and the continued expansion of multi-licence regulated markets across Europe.
EGBA's nine members (bet365, Betsson Group, Entain, Flutter Entertainment, FDJ UNITED, LeoVegas, evoke, Super Group Technologies and Tipico) now operate under 401 online licences across 22 European jurisdictions, up 25% from 321 licences at the end of 2024. Key regulatory authorities overseeing these markets include Spain's Directorate General for the Regulation of Gambling (DGOJ), led by Mikel Arana; the UK Gambling Commission, headed by Chief Executive Sarah Gardner; the Malta Gaming Authority (MGA), whose CEO is Charles Mizzi; Denmark's Spillemyndigheden, directed by Anders Dorph; the Dutch Gambling Authority (Kansspelautoriteit), chaired by Michel Groothuizen; France's Autorité Nationale des Jeux (ANJ), chaired by Pascal Chèvremont; Italy's Agenzia delle Dogane e dei Monopoli (ADM), directed by Roberto Alesse; Portugal's Serviço de Regulação e Inspeção de Jogos (SRIJ), headed by Luís Filipe da Costa Tôrres Capaz Coelho; Sweden's Spelinspektionen, led by Camilla Rosenberg; and Greece's Hellenic Gaming Commission (EEEP), chaired by Dimitrios Ntzanatos.
During 2025, EGBA members accepted €275.3 billion in wagers, up 28%, paid out €257.3 billion in winnings and reached 43.8 million active customer accounts, a 13% increase from the previous year. The industry's Return to Player (RTP) declined slightly from 93.7% to 93.4%, lifting the gross margin from 6.3% to 6.6%. Online casinos generated 48% of total GGR (€8.6 billion), while sports betting accounted for 46% (€8.2 billion). Poker and other verticals each contributed 3%. Within sports betting, 63% of revenue came from pre-match betting and 37% from live betting.
The report also highlights EGBA's role in advancing Europe's first industry-wide harm markers standard, strengthening safer gambling initiatives and supporting implementation of the European Union's new anti-money laundering framework. Looking ahead, the association expects the opening of Finland's licensed online gambling market, together with continued expansion of competitive licensing systems across Europe, to further accelerate the regulated gaming sector's growth.
