Online Gambling And Betting Market, By Gaming Type (Poker, Casino, Lottery, Bingo, and Sports Betting), By Device (Desktop and Mobile), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)
The online gambling and betting market has witnessed significant growth over the past few years supported by rising internet and smartphone penetration worldwide. Factors such as the convenience of accessing casinos and sports betting platforms from any location and the option to try out new games virtually without any costs have boosted the popularity of this market. Additionally, operators in the market are investing heavily in enhancing their offerings through partnerships, strategic acquisitions, and promotional activities to attract new users. However, stringent regulations in some regions still pose challenges. But with growing digitalization and more countries considering reforms in their gambling laws, the global online gambling and betting market is estimated to experience healthy expansion in the coming years.
Market Dynamics:
The global online gambling and betting market is driven by factors such as the proliferation of smartphones and improving internet connectivity which has made online gambling more accessible. Operators expanding their product portfolio through live gaming options and virtual sports is also fueling the market growth. However, stringent regulations regarding online gambling in major markets such as the U.S. present a challenge. Cybersecurity concerns and restrictive laws in many countries also restrain the market growth. Meanwhile, emerging opportunities lies in new technologies such as Blockchain and crypto that allow for new betting formats. Also, some nations reconsidering gambling laws and opening up to online registrations presents an avenue for expansion.
Key Features of the study:
- This report provides in-depth analysis of the global online gambling and betting market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global online gambling and betting market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include 888 Holdings PLC, Bet365 Group Ltd., Betsson AB, Entain, Flutter Entertainment PLC, Kindred Group PLC, Ladbrokes Coral Group PLC, LeoVegas, MGM Resorts International, Paddy Power Betfair PLC, Penn National Gaming, Rush Street Interactive, Sky Betting & Gaming, The Stars Group Inc., and William Hill PLC
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global online gambling and betting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global online gambling and betting market
- By Gaming Type
- Poker
- Casino
- Lottery
- Bingo
- Sports Betting
- By Device
- Desktop
- Mobile
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Key Players Insights
- 888 Holdings PLC
- Bet365 Group Ltd.
- Betsson AB
- Entain
- Flutter Entertainment PLC
- Kindred Group PLC
- Ladbrokes Coral Group PLC
- LeoVegas
- MGM Resorts International
- Paddy Power Betfair PLC
- Penn National Gaming
- Rush Street Interactive
- Sky Betting & Gaming
- The Stars Group Inc.
- William Hill PLC
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Gaming Type
- Market Snippet, By Device
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
- 4. Global Online Gambling And Betting Market, By Gaming Type, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Poker
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Casino
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Lottery
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Bingo
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Sports Betting
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- 5. Global Online Gambling And Betting Market, By Device, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Desktop
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- Mobile
- Introduction
- Market Size and Forecast, 2019–2031, (US$ Bn)
- 6. Global Online Gambling And Betting Market, By Region, 2019-2031 (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- North America
- Regional Trends
- Market Size and Forecast, By Gaming Type, 2019–2031 (US$ Bn)
- Market Size and Forecast, By Device, 2019–2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Gaming Type, 2019–2031 (US$ Bn)
- Market Size and Forecast, By Device, 2019–2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Gaming Type, 2019–2031 (US$ Bn)
- Market Size and Forecast, By Device, 2019–2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Gaming Type, 2019–2031 (US$ Bn)
- Market Size and Forecast, By Device, 2019–2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Gaming Type, 2019–2031 (US$ Bn)
- Market Size and Forecast, By Device, 2019–2031 (US$ Bn)
- Market Share Analysis, By Country, 2024 and 2031 (%)
- South Africa
- GCC Countries
- Rest of the Middle East & Africa
- 7. Competitive Landscape
- Company Profiles
- 888 Holdings PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Bet365 Group Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Betsson AB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Entain
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Flutter Entertainment PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Kindred Group PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Ladbrokes Coral Group PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- LeoVegas
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- MGM Resorts International
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Paddy Power Betfair PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Penn National Gaming
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Rush Street Interactive
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Sky Betting & Gaming
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- The Stars Group Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- William Hill PLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- 8. Wheel of Fortune
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 9. Reference and Research Methodology
- References
- Research Methodology
- About us and Sales Contact
- *Browse 60 market data tables and 40 figures on Global Online Gambling And Betting Market - Global forecast to 2031”
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