Online Gambling Industry Report

• Online Gambling Industry Statistics
• Online Gambling Industry Report
• Online Gambling Industry Statistics Us
• Online Gambling Industry Statistics Uk

1. The global online gambling market grew at a CAGR of around 12% during 2014-2019. IMARC Group expects the online gambling industry to continue its strong growth during 2020-2025.
2. This is a comprehensive quarterly report analysing updated benchmarks, KPIs, trends, and covering all sectors of the online gambling industry. Based on the well-received Online Gambling.
3. The Current State of Fraud in Online Betting. Fraud in the gaming industry is a serious concern. The ThreatMetrix Gaming and Gambling Cybercrime Report reveals that roughly one in every 20 new accounts created with an online gaming site is connected to a fraudster. The same report claims that bot attacks can account for up to half of daily.

Online Gambling Market - Online Gambling Industry Size, Share, Demand, Growth, Strategy, Value, Analysis, Research And Forecast Report, 2014-2024 The global online gambling market size is expected to reach USD 73.45 billion by 2024, with a CAGR of 9.8% over the forecast period. Online Gaming: The Rise of a Multi-Billion Dollar Industry From tabletops to virtual reality, how we play games is changing with the times. In just a few short decades, the world of online gaming has exploded in popularity.

Online Gambling Industry Statistics

Industry Insights

The global online gambling market size was accounted for USD 53.7 billion in 2019 and projected to grow at 11.5% CAGR over the forecast period, from 2020 to 2027. Increasing number of smartphone users coupled with high penetration of internet among individuals for playing games through online platforms have majorly driven the market growth.

In addition, easy access for online betting and gambling, corporate sponsorships, celebrity endorsements, and legalization are some of the key factors fueling the market growth. Moreover, the Easy availability of mobile applications with cost-effective solutions across the globe is projected to further drive the market growth during the forecast period.

The internet has become a major platform for communication and it allows merchants to offer their services through websites. Since the last decade, the consumption of these services has been increased by 28%. Therefore, growing rate of internet users has increased the trend of online casinos. In addition, increasing spending capacity on leisure activities coupled with rising awareness about advanced technologies are projected to propel the market growth.

Enhancement in online spaces is directly impacting the growth of online casinos. Therefore, online casino service providers are focusing on information solutions to reach gamblers, prevent illegal information, and ensure the integrity of operations.Several online casinos are providing a free version for their games which is expected to drive the market growth opportunity.

Many countries have legalized online gambling, as it helps to generate revenue and a high rate of employment. For example, in India, Goa and Sikkim countries made online gambling legal. Additionally, online gambling allows players to experience gambling in real-time via internet services. Moreover, increasing number of sports fans globally has increased the demand for sports betting. Bets are majorly placed with football, hockey, baseball, and boxing sports which is expected to drive the market growth.

The emergence of new technologies such as blockchain and virtual reality is also fueling the online gambling market growth. This is due to market players integrating online casinos with blockchain technology to maximize their customer base. This technology integration helps them to enhance players' experience and ensure transparency in gambling activities.

On the other hand, cybercrime is one of the major challenges for this industry. Signal manipulation with fake apps as well as hacking through apps is expected to hamper the market growth to some extent. Moreover, compulsive gambling may affect individuals' personal relationships and health leads to debts or depression issues.

Type Insights

On the basis of types, the market is fragmented into sports betting, bingo, casinos, poker, and others. In 2019, sports betting dominated the global market due to the increasing usage of the digital platform worldwide. In addition, rising spending capacity and increasing smartphone users are major factors to drive the segment growth in developing regions such as Asia Pacific. Fixed-odds betting and Live-action betting are popular types in sports betting.

Online poker segment is expected to grow with significant CAGR over the forecast period due to the increasing trend of online card games. Online poker is gaining traction among college students. Convenience is a key factor responsible for gaining popularity of online poker, as various sites accept deposited through online wallets, credits card, and virtual currencies like Bitcoin. A large number of game options available for players are expected to drive the market growth.

Device Insights

Based on the devices, the market is segmented into mobile, desktops, and others. In 2019, the desktop segment accounted for the largest market share in terms of revenue. Factors such as a large screen of desktops as compared to mobiles or other devices allow gamblers to intricate details of the game and enjoy the graphics. Moreover, performance parameters including sound volume, storage capacity, and picture quality can be adjusted very efficiently in order to improve the gaming experience. These factors are expected to positively contribute to desktop segment growth.

Enhancement in gaming graphics and technological innovations in mobiles has increased access to online gambling. In addition, online gambling by mobiles enables individuals to gamble fromtheir comfort zone and give uninterrupted gaming experience.

Easy availability of smartphones with advanced features such as improved graphics and high storage capacity at affordable prices is also expected to contribute to the market growth. Several benefits such as loyal points, availability of deposit options, and services to players with other players located across the world are also projected to drive segment growth over the forecast period.

Regional Insights

Online Gambling Industry Report

In 2019, Europe led the global market and generated revenue of USD 22.0 billion. This dominance is attributed to the legalization of gambling in several European countries such as Italy, Malta, Spain, and Germany. In addition, Factors like the growing popularity of online casinos, availability of high-speed connectivity, and increasing smartphone users are responsible for regional market growth. According to the Gambling Act 2005, companies have been permitted by the U.K. Gambling Commission (UKGC) to advertise gambling sites, this is expected to positively impact themarket in Europe.

Asia Pacific online gambling market is expected to witness significant growth during the forecast period. This growth is attributed to the relaxation of regulations regarding online gambling and betting coupled with increasing usage of internet services. Moreover, the increasing popularity of digital currencies like bitcoins and rising time spending on leisure activities have driven the demand for online gambling. Hong Kong and Macau are the two prominent countries for generating revenue market in Asia Pacific.

Impact of COVID-19

The COVID-19 outbreak is expected to witness positive impact on the market growth.To prevent the spread of coronavirus, several countries across the globe have imposed restrictions and enforcing social distancing. Strict restrictions for people’s movement are expected to have a considerable impact on land-based casino activities. Due to lockdown, several gambling players are shifting from land-based to online-based betting and gambling, thereby expected to drive the market growth in the lockdown period. On the other hand, cancellation of several sports event during COVID-19 outbreak across the globe is impacting sports gambling and betting adversely which is expected to restraint the market growth to some extent.

Online Gambling Market Share Insights

The key service prodders are focusing on innovations to differentiate and personalize their services for potential customers. Companies are adopting strategies such as collaboration, mergers & acquisitions, and product launches. For example, in 2019, William Hill PLC has acquired a Sweden based gambling company Mr. Green and Co AB. This acquisition aims to strengthen a footprint in the Scandinavian region. Some of the leading market players included in this industry are as follows:

• Bet365 Group Ltd.
• Paddy Power Betfair PLC
• Sky Betting and Gaming
• Kindred Group PLC
• GVC Holdings PLC
• Betsson AB
• William Hill PLC
• Ladbrokes Coral Group PLC
• The Stars Group Inc.
• 888 Holdings PLC

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global online gambling market report based on type, device, and region:

• Type Outlook (Revenue, USD Billion, 2016 - 2027)
• Sports Betting
• Casinos
• Poker
• Bingo
• Others

• Device Outlook (Revenue, USD Billion, 2016 - 2027)
• Desktop
• Mobile
• Others

• Regional Outlook (Revenue, USD Billion, 2016 - 2027)
• North America
• The U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Middle East & Africa

Online Gambling & Betting Market 2020-2026

New Study Reports “Online Gambling & Betting Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.

Report Summary:-

The Global Online Gambling & Betting MarketReport 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Online Gambling & Betting Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global Online Gambling & Betting Market Is Extensively Assessed In The Research Report. The Segment Analysis Offers Critical Opportunities Available In The Global Online Gambling & Betting Market Through Leading Segments. The Regional Study Of The Global Online Gambling & Betting Market Helps Readers To Attain A Thorough Understanding Of The Developments Of The Different Geographic Markets In Recent Years And Also Going Forth. In Addition, The Report Provides A Comprehensive Overview Of The Vital Dynamics Of The Global Online Gambling & Betting Market, Including Market Influence And Market Effect Factors, Drivers, Threats, Constraints, Trends, And Prospects. The Research Study Also Contains Other Forms Of Analysis, Such As Qualitative And Quantitative.

Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.

In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Online Gambling & Betting industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.

Key players in the global Online Gambling & Betting market covered in Chapter 4:
Paddy Power Betfair PLC
Everest Poker
Kindred Group
Zynga
Stars Group
William Hill PLC
Amaya Inc
Kindred PLC
GVC Holdings PLC
Aristocrat
Ladbrokes Coral Group PLC
888 Holdings PLC
GSN games
IGT
Playtika
Fortuna Entertainment Group
NetEnt AB
Full Tilt Poker
Playtech PLC
Party Poker

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Market Dynamics:-

The report also examines the several volume trends, the pricing history, and the market value in addition to understanding the key dynamics of the Online Gambling & Betting market. Several future growth drivers, challenges, and opportunities are also analyzed to obtain a better view of the industry.

In Chapter 11 and 13.3, on the basis of types, the Online Gambling & Betting market from 2015 to 2026 is primarily split into:
Poker
Casino
Social Gaming
Lottery
Bingo
Sports Betting
Fantasy Sports

Online Gambling Industry Statistics Us

In Chapter 12 and 13.4, on the basis of applications, the Online Gambling & Betting market from 2015 to 2026 covers:
Desktop
Mobile
Tab

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others

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Major Key Points from Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Regulatory Scenario by Region/Country
1.4 Market Investment Scenario Strategic
1.5 Market Analysis by Type
1.5.1 Global Online Gambling & Betting Market Share by Type (2020-2026)
1.5.2 Poker
1.5.3 Casino
1.5.4 Social Gaming
1.5.5 Lottery
1.5.6 Bingo
1.5.7 Sports Betting
1.5.8 Fantasy Sports

……

4 Players Profiles
4.1 Paddy Power Betfair PLC
4.1.1 Paddy Power Betfair PLC Basic Information
4.1.2 Online Gambling & Betting Product Profiles, Application and Specification
4.1.3 Paddy Power Betfair PLC Online Gambling & Betting Market Performance (2015-2020)
4.1.4 Paddy Power Betfair PLC Business Overview
4.2 Everest Poker
4.2.1 Everest Poker Basic Information
4.2.2 Online Gambling & Betting Product Profiles, Application and Specification
4.2.3 Everest Poker Online Gambling & Betting Market Performance (2015-2020)
4.2.4 Everest Poker Business Overview
4.3 Kindred Group
4.3.1 Kindred Group Basic Information
4.3.2 Online Gambling & Betting Product Profiles, Application and Specification
4.3.3 Kindred Group Online Gambling & Betting Market Performance (2015-2020)
4.3.4 Kindred Group Business Overview
4.4 Zynga
4.4.1 Zynga Basic Information
4.4.2 Online Gambling & Betting Product Profiles, Application and Specification
4.4.3 Zynga Online Gambling & Betting Market Performance (2015-2020)
4.4.4 Zynga Business Overview
4.5 Stars Group
4.5.1 Stars Group Basic Information
4.5.2 Online Gambling & Betting Product Profiles, Application and Specification
4.5.3 Stars Group Online Gambling & Betting Market Performance (2015-2020)
4.5.4 Stars Group Business Overview
4.6 William Hill PLC
4.6.1 William Hill PLC Basic Information
4.6.2 Online Gambling & Betting Product Profiles, Application and Specification
4.6.3 William Hill PLC Online Gambling & Betting Market Performance (2015-2020)
4.6.4 William Hill PLC Business Overview
4.7 Amaya Inc
4.7.1 Amaya Inc Basic Information
4.7.2 Online Gambling & Betting Product Profiles, Application and Specification
4.7.3 Amaya Inc Online Gambling & Betting Market Performance (2015-2020)
4.7.4 Amaya Inc Business Overview
4.8 Kindred PLC
4.8.1 Kindred PLC Basic Information
4.8.2 Online Gambling & Betting Product Profiles, Application and Specification
4.8.3 Kindred PLC Online Gambling & Betting Market Performance (2015-2020)
4.8.4 Kindred PLC Business Overview
4.9 GVC Holdings PLC
4.9.1 GVC Holdings PLC Basic Information
4.9.2 Online Gambling & Betting Product Profiles, Application and Specification
4.9.3 GVC Holdings PLC Online Gambling & Betting Market Performance (2015-2020)
4.9.4 GVC Holdings PLC Business Overview
4.10 Aristocrat

Continued…..

NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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Online Gambling Industry Statistics Uk

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