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“At $5.9 trillion in wagering worth, this is doubtless certainly one of the largest economic methods on the planet,” he added, describing the sector as operating largely outdoors regulatory oversight. GCI CEO Matt Holt pulled no punches discussing the report. In Vali’s knowledge, prediction platforms are zero.2 p.c of authorized sports-betting profitability inside the US. That regulatory carve-out, Vali argues, is what lets the class grow with out exhibiting up in both of the conventional gambling buckets. The seventy eight % of gross gaming revenue captured by unregulated operators globally is the headline metric, but the extra important quantity for fintech and crypto traders is hidden within the report’s definitional shift. Unregulated online playing reached $5.9 trillion in international wagering worth in 2025, larger than the gross domestic product of every nation on Earth besides the Usa and China, in accordance with a brand new report from Gaming Compliance Worldwide (GCI).

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