Global Online Casino Market Size, Trends & Growth Opportunity, By Type (Download- based Casinos, Live Dealer Casinos, Web Based Online Casinos, and Virtual Casino Games), By Device (Tablet, Laptop, PC, and Desktop), By End User, By Region and Forecast till 2027.
Global Online Casino Market
The global Online Casino market was valued at USD 63.22 billion in 2021 and it is expected to reach
at USD 100 billion in 2027 at a CAGR of 11.7 % during forecast period 2022-2027.
Online casino is commonly called as virtual casino. It is an advance version of traditional casino which includes games like poker, bingo, baccarat, slot machines, slot machines, and roulette. As compared to offline casinos, online casinos provide higher payback percentage and better odds of winning to its players. Also, online casinos offer various gifts and bonuses including welcome gifts, cashback or insurance bonuses.
Market Drivers
Increase in penetration of internet and rise in use of smart phones among individuals for playing online games from homes and public places are key driving factors which are expected to boost the global online casino market growth. Furthermore, some other factors such as easy access to online gambling, cultural approval, legalization and celebrity endorsements will positively contribute the market growth. Moreover, increase in availability of cost-effective mobile applications across the world will fuel the global online casino market growth. The internet has become a global platform for communication, by using this platform merchants offer their services in the digital market space. Also, rise in awareness of the latest technologies and disposable income of people will drive the market growth over the forecast period.
Market Restraints
However, stringent rules and regulations by government is the major challenging factor which expected to hamper the global online casino market growth. For instance, some policies or acts such as Interactive Gambling Act 2001, Online Casino Legislative 2012, Gambling Act of 2014, and Unlawful Internet Gambling Enforcement Act of 2006 will affect the market growth.
COVID-19 Impact
Due to outbreak of covid -19 as lockdown is imposed by government which increases work from home policies and as peoples are not steeping out from homes due to fear of virus boosting the demand of Online Casino Market.
Recent Development
In 2022 Bragg Gaming partnered with Rush Street Interactive for launching online casino content with BetRivers.ca Brand based in Ontario. Gaming Technology Company partnered with Aspers Group, tier 1 UK retail operator for a platform and managed services. In 2022, Gambling.com Group Limited offers marketing services to licensed online sports. In 2021, Connecticut launched online casino and sports betting.
Market Segmentation
Global Online Casino Market is segmented into type such as Download- based Casinos, Live Dealer Casinos, Web Based Online Casinos, and Virtual Casino Games, by device such as Tablet, Laptop, PC, and Desktop. Further, market is segmented into end user such as Gambling Enthusiasts, Social Exuberant, Dabblers, Lottery Loyalists, and Unengaged Audience.
Also, Global Online Casino Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Ladbrokes, Bet-at-home.com, 888 Holdings, Betfair Online Casino, Draft Kings , MGM Resorts, Microgaming, Rank Group, and Camelot Group etc.
Market Taxonomy
By Type
- Download- based Casinos
- Live Dealer Casinos
- Web Based Online Casinos
- Virtual Casino Games
- Tablet
- Laptop
- PC
- Desktop
- Gambling Enthusiasts
- Social Exuberant
- Dabblers
- Lottery Loyalists
- Unengaged Audience
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Online Casino Market?
- What will be the growth rate from 2022 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Online Casino Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Online Casino Market, By Type
- 5.1 Y-o-Y Growth Comparison, By Type
- 5.2 Global Online Casino Market Share Analysis, By Type
- 5.3 Global Online Casino Market Size and Forecast, By Type
- 5.3.1Download Based Casinos
- 5.3.2. Live Dealer Casinos
- 5.3.3 Web Based Online Casinos
- 5.3.4 Virtual Casino Games
- 6 Global Online Casino Market, By Device
- 6.1 Y-o-Y Growth Comparison, By Device
- 6.2 Global Online Casino Market Share Analysis, By Device
- 6.3 Global Online Casino Market Size and Forecast, By Device
- 6.3.1 Tablet
- 6.3.2 Laptop
- 6.3.3. PC
- 6.3.4. Desktop
- 7 Global Online Casino Market, By End User
- 7.1 Y-o-Y Growth Comparison, By End User
- 7.2 Global Online Casino Market Share Analysis, By End User
- 7.3 Global Online Casino Market Size and Forecast, By End User
- 7.3. 1 Gambling Enthusiasts
- 7.3.2. Social Exuberant
- 7.3.3. Dabblers
- 7.3.4. Lottery Loyalists
- 7.3.5. Unengaged Audience
- 8 Global Online Casino Market, By Region
- 8.1 Global Online Casino Market Share Analysis, By Region
- 8.2 Global Online Casino Market Share Analysis, By Region
- 8.3 Global Online Casino Market Size and Forecast, By Region
- 9 North America Online Casino Market Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 North America Online Casino Market Share Analysis, By Type
- 9.3 North America Online Casino Market Size and Forecast, By Device
- 9.4 North America Online Casino Market Size and Forecast, By End User
- 9.5 North America Online Casino Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 Europe Online Casino Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Europe Online Casino Market Share Analysis, By Type
- 10.3 Europe Online Casino Market Size and Forecast, By Device
- 10.4 Europe Online Casino Market Size and Forecast, By End User
- 10.5 Europe Online Casino Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.54. Rest of Europe
- 11 Asia Pacific Online Casino Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Online Casino Market Share Analysis, By Type
- 11.3 Asia Pacific Online Casino Market Size and Forecast, By Device
- 11.4 Asia Pacific Online Casino Market Size and Forecast, By End User
- 11.5 Asia Pacific Online Casino Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4. Rest of Asia Pacific
- 12 Latin America Online Casino Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Latin America Online Casino Market Share Analysis, By Type
- 12.3 Latin America Online Casino Market Size and Forecast, By Device
- 12.4 Latin America Online Casino Market Size and Forecast, By End User
- 12.5 Latin America Online Casino Market Size and Forecast, Country
- 13 Middle East Online Casino Market Analysis and Forecast (2022-2027)
- 13.1 Introduction
- 13.2 Middle East Online Casino Market Share Analysis, By Type
- 13.3 Middle East Online Casino Market Size and Forecast, By Device
- 13.4 Middle East Online Casino Market Size and Forecast, By End User
- 13.5 Middle East Online Casino Market Size and Forecast, By Country
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Ladbrokes
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. Bet-at-home.com
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. 888 Holdings
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Betfair Online Casino
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Draft Kings
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 MGM Resorts
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Microgaming
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Rank Group
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Camelot Group
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
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