The Social Casino Industry – An Overview

The Social Casino industry generated almost $6.2bn of revenues in 2020, according to our estimates, with operators benefitting from lockdowns across major markets.

The sector has experienced large-scale M&A over the past few years, and this is something that we expect to continue as the industry continues to consolidate. Using recent buy-out valuation metrics, we estimate that the value of the industry in terms of total enterprise value is between $15bn – $20bn.