Global Gambling Industry Statistics

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*Youth Gambling Statistics
*Global Gambling Industry Statistics Definition
The report analyzes and forecast online gambling & betting market on a global and regional level. The study offers past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of online gambling & betting market dynamics gives a brief thought about the drivers and restraints for the online gambling & betting market along with the impact they have on the demand over the years to come. Additionally, the report also includes the study of opportunities available in the online gambling & betting market on a global level.
The report gives a transparent view of the online gambling & betting market. We have included a detailed competitive scenario and portfolio of leading vendors operative in online gambling & betting market. To understand the competitive landscape in the online gambling & betting market, an analysis of Porter’s Five Forces model for the online gambling & betting market has also been included. The study encompasses a market attractiveness analysis, wherein game form, component, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.
Gaming is an industry undergoing rapid change. While esports blends the cyber world with entertainment, gaming networks themselves are becoming more social in nature. How does this affect the modern marketer - and your brand? Discover the urgent trends in gaming to ensure you can deliver a laser-like consumer strategy. Press release - Wise Guy Research Consultants Pvt Ltd - Global Online Gambling and Betting Industry Analysis 2020 Market Growth, Trends, Opportunities Forecast To 2026 - published on openPR.com.
The study provides a crucial view of the online gambling & betting by segmenting the market based on game form, component, and region. All the segments of online gambling & betting market have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on game form, the global online gambling & betting market is bifurcated poker, casino, sports betting, bingo, lottery, horse racing betting, and others. Hardware, software, and service are the component segment of global online gambling & betting market. The regional segmentation comprises the current and forecast demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe for online gambling & betting market with further division into the U.S., Canada, Mexico, the UK, France, Spain, Italy, China, Japan, Australia, and Argentina are included in the report.
The competitive profiling of noticeable players of online gambling & betting market includes company and financial overview, business strategies adopted by them, their recent developments and product offered by them which can help in assessing competition in the market. Noticeable players included in the report Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc, Paddy Power Betfair Plc, GVC Holdings Plc, Fortuna Entertainment Group, The Stars Group, The Betway Group, William Hill plc, Kindred Group, Rank Group, Playtech, William Hill Plc, Hong Kong Jockey Club, and mybet Holding, among others.
The report segments the global online gambling & betting market as follows:
Global Online Gambling & Betting Market: Game Form Segment Analysis
*Poker
*Casino
*Sports Betting
*Bingo
*Lottery
*Horse Race Betting
*Others
Global Online Gambling & Betting Market: Component Segment Analysis
*Hardware
*Software
*Service
Global Online Gambling & Betting Market: Regional Segment Analysis
*North America
*The U.S.
*Europe
*UK
*France
*Germany
*Asia Pacific
*China
*Japan
*India
*Latin America
*Brazil
*The Middle East and AfricaGlobal Casino Gaming & Gambling IndustryYouth Gambling Statistics
The worldwide market for casinos and gaming is a part of the global recreational activity industry. Lotteries represent the leading segment of the global casino and gaming industry (excluding the “other” segment), generating more than 29% of market value. Gaming revenue varies greatly depending on each region, with certain nations putting a ban on gambling while others allow it.
The gambling sector encompasses purchasing lottery and raffle tickets, casino table gambling, football pools, and Grand National betting, reports Koncept Analytics. Despite its illegality in certain regions, gambling contributes significantly to the national economies through tax revenues. The sector is little affected by economic recession and is also an important employer.Global Gambling Industry Statistics Definition
Xerfi classifies the main gambling companies into four profiles, namely resort-based casino groups, state lotteries, gaming machine operators and online players. Competition between players is partly limited by state-based regulations. This also insulates industry players somewhat from illegal gaming operators.
The global gambling industry is dominated by developed nations, with the US, the EU and Japan combined accounting for close to 70% of the overall market. The gambling sector is expected to record significant growth in emerging markets like Asia and Latin America over the coming years. Technology will continue to play a pivotal role in developing the global gambling industry, with internet gaming and mobile gaming reaching an ever-expanding customer base.Casino Gaming & Gambling Industry Key Segments
Digital gambling, which includes mobile, digital TV-based and online services, continues to attract a rising number of customers.
Obstacles to market entry include strict regulation throughout this highly competitive market segment.
Operators are focusing on M&A to boost revenue and limit risk, reports Business Insights. Gambling operators are also concentrating on moving into the digital gambling domain to offer mobile and online services. Crown casino italian restaurant perth.Regional Casino Gaming & Gambling Market Share
Asia’s gaming sector is recording strong growth, prompting US and UK operators to move into this region, reports AM Mindpower Solutions. Macau, in particular, is recording strong regional expansion. Macau’s gaming sector is expected to maintain a yearly growth rate of 16% thanks to the opening of new casinos, increased economic growth and better global recognition.
The UK online gambling sector continues to record climbing turnover due to bookmakers launching applications for mobile devices. It remains to be seen whether state laws concerning online gambling products will be changed. New regulations would mean operators need to acquire a license to offer online gambling products. Overseas operators would also have to apply for a license to sell their gambling products in the UK.
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