Mexico Online Gambling Market Size, Share, and COVID-19 Impact Analysis, By Game Type (Casino, Sports Betting, and Others), By Platform (Mobile and Desktop), and Mexico Online Gambling Market Insights, Industry Trend, Forecasts to 2033.

Mexico Online Gambling Market Insights Forecasts to 2033

• The Mexico Online Gambling Market Size was estimated at USD 0.91 Billion in 2023.
• The Market Size is Growing at a CAGR of 15.64% from 2023 to 2033
• The Mexico Online Gambling Market Size is Expected to Reach USD 3.89 Billion By 2033

The Mexico Online Gambling Market Size is Expected to Reach USD 3.89 Billion By 2033, Growing at a CAGR of 15.64% from 2023 to 2033

Market Overview

The industry that deals with the supply, regulation, and use of gambling services via the internet in Mexico is known as the Mexico online gambling market. It covers a wide range of gambling activities, including online casino games, sports betting, bingo, poker, and other interactive betting platforms. Mexico has a regulated gaming environment that supports the country's steady growth in the online gambling business. The Federal Gaming and Raffles Law and its implementing regulations provide transparency and security for operators and players in Mexico's gambling industry. Additionally, the market is growing since online gambling eliminates the need to visit physical facilities and is more convenient and accessible due to smartphones and enhanced internet connectivity, Mexican customers prefer it. Furthermore, several macroeconomic factors impact the expansion of the online gaming sector in Mexico. Mexico offers a strong basis for the market's growth due to its stable economy and high internet penetration rate.

Report Coverage

This research report categorizes the market for the Mexico online gambling market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Mexico online gambling market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Mexico online gambling market.

Driving Factors

Mexico's online gambling sector is expanding because of cutting-edge offerings such as virtual reality, sports betting, and online casinos, which bring in more players and include social media for better gaming experiences. In addition, the online gaming sector has grown and the shift to online platforms has been made easier by Mexico's rich gambling heritage and lively culture. Additionally, online gambling is becoming more and more popular as a result of consumers' increased expenditure on leisure activities and rising disposable incomes. Furthermore, the market may be further stimulated by government initiatives to encourage tourism, which may draw foreign tourists who might partake in online gambling while in Mexico.

Restraining Factors

Mexico's online gambling market faces significant constraints due to the comparatively high taxation on gambling, operators may be discouraged from entering the industry. In addition, the ability to register and play on authorized online gambling sites is restricted for local gamers.

Market Segmentation

The Mexico online gambling market share is classified into the game type and platform.

• The sports betting segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the game type, the Mexico online gambling market is divided into casino, sports betting, and others. Among these, the sports betting segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This segment is growing due to broad passion for sports and easier access to platforms. In addition to local and international competitions, Mexican players are also interested in soccer, tennis, basketball, and boxing. This passion for sports encourages more people to wager, especially during important national and international events.

• The mobile segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the platform, the Mexico online gambling market is divided into mobile and desktop. Among these, the mobile segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This market is attributed to users who can engage in gaming at any time and from any location with mobile gambling. In addition, casual players are mostly drawn to mobile platforms, and novel technology has improved the gaming experience. Furthermore, the industry's expansion is greatly aided by vendors' growing acceptance of virtual money.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Mexico online gambling market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Caliente
• Codere
• Super Group (SGHC) Limited
• Novibet USA, Inc
• Bet365
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In January 2025, PlayCity Casino collaborated with KONAMI to unveil online slots throughout Mexico, providing well-known titles like China Shores, Cobra Hearts, All Aboard Dynamite Dash, and Chili Chili Fire on a variety of devices.

Market Segment

This study forecasts revenue at Mexico, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Mexico online gambling market based on the below-mentioned segments:

Mexico Online Gambling Market, By Game Type

• Casino
• Sports Betting
• Others

Mexico Online Gambling Market, By Platform

• Mobile
• Desktop