Online Gambling Market Share, Growth, Size, Trends, Report and Forecast 2020 - 2025

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The global online gambling market grew at a CAGR of around 12% during 2014-2019. Online gambling, or virtual gambling, refers to betting on casino or sports-based activities over the internet. In comparison to in-person gambling, online gambling does not involve physical interaction of players and all the sessions are moderated by computer programs.
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Informations

• Publié par: jimmy.ellison94
• Publié le: 03 juillet 2020
• Nombre de lectures: 0
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Global Online Gambling Market Research Report and Forecast 2025

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Global Online Gambling Market Overview:

Online gambling, or virtual gambling, is an internet-based casino or sports-based betting activity. Unlike in-person gambling, it does not involve physical interaction between players, and the sessions are moderated by computer programs. Players can play various virtual games, such as sports betting, poker, blackjack, roulette, and slot machines. The gambling software application can be downloaded on a smart device, or the game can be played through a website. Online gambling platforms offer several benefits, such as cashless transactions, accessibility through any electronic device, personalized budget, and real-time gambling experience.

Global Online Gambling Market Trends

High internet connectivity, along with the rising penetration of smart devices, is driving the growth of the online gambling market. The legalization and cultural approval of online betting in several developed countries are also augmenting the demand for online gambling. Several online sports businesses are establishing high-profile sponsorships with various football and racing clubs, to attract a large consumer base. Moreover, various technological upgradations have led to the advent of virtual reality (VR) and blockchain tools.

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157.3 152.0 160 146.7 141.4 136.1 130.8 140 125.5 120.2 120 100 80 60 40 In Billion US$ 20 0 2012 2013 2014 2015 2016 2017 2018 2019

180 160.0 160 140 120 100 80 60 40 In Billion US$ 20 0 2020

165.3

2021

170.6

2022

175.9

2023

181.2

2024

186.5

2025

These tools help in maintaining the transparency of gambling activities to provide an engaging experience to the player. Additionally, rising consumer living standards and the inception of bitcoin gambling are further expected to drive the online gambling market.

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Online Gambling Market Segmentation:

Breakup by Device:

• • •

Desktop Mobile Others

Breakup by Game Type:

• Sports Betting o Football o Horse Racing o E-Sports o Others • Casino o Live Casino o Baccarat o Blackjack

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o Poker o Slots o Others • Others

Breakup by Region:

• • • • •

North America Asia Pacific Europe Latin America Middle East and Africa

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Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players.

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• 888 Holdings Plc • Bet365 Group Ltd. Betsson AB • Cherry Spelglädje AB • Flutter Entertainment Plc • Galaxy Entertainment Group • GVC Holdings Plc • Intralot • Kindred Group Plc • LeoVegas AB • MGM Resorts International

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