Global Gambling Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Gambling Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Gambling is the wagering of money or something of value on an event with an uncertain outcome, with the primary intent of winning money or material goods.

Market Overview:

The latest research study on the global Gambling market finds that the global Gambling market reached a value of USD 574085.0 million in 2022. It’s expected that the market will achieve USD 756738.0 million by 2028, exhibiting a CAGR of 4.71% during the forecast period.

Market Top Trends

The competition among vendors will increase during the forecast period Vendors will compete to deliver competitive advantages in the market on the basis of pricing, user-friendly interfaces, value-added benefits, and service portfolios. During the forecast period, we expect this competition to intensify with an increase in product extensions.
Innovation plays an important role in driving market growth. In order to remain stable in a highly competitive market, suppliers should develop new ideas and technologies and keep pace with advanced technologies. Most manufacturers are constantly introducing new products to gain a larger market share.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

The top three companies are Las Vegas Sands Corporation, MGM Resorts, Galaxy Entertainment Group with the revenue market share of 1.58%, 1.28% and 1.11% in 2019.

MGM Resorts International operates gaming, hospitality, and entertainment resorts. The Company offers accommodation, dining, meeting, convention and hospitality management services for casino and non-casino properties around the world.

Galaxy Entertainment Group Limited, through its subsidiary, operates casino, hotels, and other entertainment facilities in Macau.

Segmentation Overview:

Among different product types, Casino segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Offline Gambling segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Gambling market covered in Chapter 3:

Flutter Entertainment
Galaxy Entertainment Group
GVC Holdings
MGM Resorts
Unibet
Las Vegas Sands Corporation
The Star Group
Bet365
LeoVegas
888 Holdings
William Hill

In Chapter 4 and Chapter 14.2, on the basis of types, the Gambling market from 2018 to 2029 is primarily split into:

Poker
Casino
Sports Betting
Lottery
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Gambling market from 2018 to 2029 covers:

Online Gambling
Offline Gambling

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)