Industry research: regulated gaming and supplier infrastructure.

A view of the industry, with a clear distinction between reported activity, third-party forecasts and illustrative assumptions.

Reported actualsThird-party forecastsIllustrative model

Industry data and third-party forecasts provide context. Estimates depend on their stated assumptions and do not describe the performance or expected returns of any Tallest Peak investment.

Actual results and a third-party forecast.

Global gross gaming revenue includes regulated, onshore and offshore gambling. It is broader context, not a regulated supplier-market estimate.

2024 actual$712B
2030 forecast$1,031B
Online, 2024 actual41%
Online, 2030 forecast51%

Source: H2 Gambling Capital, 30 April 2026. The forecast is nominal and modeled at constant exchange rates. H2 reports online revenue of $293B in 2024 and forecasts $530B in 2030; displayed percentages are rounded.

The supplier layer.

Tallest Peak illustrates the supplier layer as 10–15% of forecast online gross gaming revenue.

Illustrative model · assumption pending support

Global gaming revenue, all channels$1,031B
Online gaming revenue$530B
Illustrative supplier layer$53–80B

How to read this model. The highlighted interval shows the illustrative range on the same scale as total gaming revenue. This is not a measurement of supplier spending or of the opportunity addressable by a seed-stage strategy.

Firm model: 10–15% × $530B = $53–79.5B, rounded to $53–80B. The 10–15% assumption is pending external support and should not be read as established supplier spending. The band is approximately 5–8% of the $1,031B total-market forecast.

Global payments are adjacent industry context.

Advances in payment infrastructure, including stablecoins and near-instant settlement, are enabling money to move faster across gaming and entertainment.

2024 actual$2.5T
2029 baseline forecast$3.0T

Global payments revenue: McKinsey Global Payments Report, 26 September 2025. Stablecoin settlement: Visa’s payment infrastructure overview.

New markets and major openings.

Market launches, regulatory milestones and resort projects are different events. Future dates below are announced targets, subject to change.

Market launches

BrazilNational fixed-odds betting market · 1 Jan 2025Ministry of Finance
MissouriLegal sports wagering launch · 1 Dec 2025Gaming Commission
AlbertaCompetitive iGaming launch · 13 Jul 2026Government of Alberta

Regulatory milestones

Maine2026 legislation; launch unconfirmedGovernor’s announcement
FinlandCompetitive services may begin · 1 Jul 2027Government release
New ZealandLicensed online casino regime expected · 2027Department of Internal Affairs

Resort projects

Wynn Al Marjan Island, UAEExpected resort opening · Sep 2027Wynn Resorts, 4 Aug 2026
MGM Osaka, JapanTarget resort opening · Autumn 2030Osaka Prefecture and City
New York City, USHard Rock Metropolitan Park and Bally’s Bronx · Target openings: mid-2030NYS Gaming Facility Location Board