- The market extent segment gives the Online Gambling Market revenues, covering both the significant growth of the market and anticipating the future. Market separations break down the key sub-areas which make up the market. The provincial breakdowns section gives the size of the market biologically.
- Global online gambling market is projected to grow at a CAGR of 8.77%, during the forecast period (2019 - 2024). The online betting is the fastest growing segment during the forecast period. Artificial intelligence, Chabot, and machine learning have taken over the market.
- Press Release Online Gambling Market 2020 Trends, Market Share, Industry Size, Growth, Sales, Opportunities, Analysis and Forecast To 2026 Published: Sept.
- The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market.
The Global Online Gambling & Betting Market Report 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Online Gambling.
Online Gambling & Betting Market 2020-2026
New Study Reports “Online Gambling & Betting Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global Online Gambling & Betting MarketReport 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Online Gambling & Betting Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global Online Gambling & Betting Market Is Extensively Assessed In The Research Report. The Segment Analysis Offers Critical Opportunities Available In The Global Online Gambling & Betting Market Through Leading Segments. The Regional Study Of The Global Online Gambling & Betting Market Helps Readers To Attain A Thorough Understanding Of The Developments Of The Different Geographic Markets In Recent Years And Also Going Forth. In Addition, The Report Provides A Comprehensive Overview Of The Vital Dynamics Of The Global Online Gambling & Betting Market, Including Market Influence And Market Effect Factors, Drivers, Threats, Constraints, Trends, And Prospects. The Research Study Also Contains Other Forms Of Analysis, Such As Qualitative And Quantitative.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.
In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Online Gambling & Betting industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.
Key players in the global Online Gambling & Betting market covered in Chapter 4:
Paddy Power Betfair PLC
Everest Poker
Kindred Group
Zynga
Stars Group
William Hill PLC
Amaya Inc
Kindred PLC
GVC Holdings PLC
Aristocrat
Ladbrokes Coral Group PLC
888 Holdings PLC
GSN games
IGT
Playtika
Fortuna Entertainment Group
NetEnt AB
Full Tilt Poker
Playtech PLC
Party Poker
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Market Dynamics:-
The report also examines the several volume trends, the pricing history, and the market value in addition to understanding the key dynamics of the Online Gambling & Betting market. Several future growth drivers, challenges, and opportunities are also analyzed to obtain a better view of the industry.
In Chapter 11 and 13.3, on the basis of types, the Online Gambling & Betting market from 2015 to 2026 is primarily split into:
Poker
Casino
Social Gaming
Lottery
Bingo
Sports Betting
Fantasy Sports
In Chapter 12 and 13.4, on the basis of applications, the Online Gambling & Betting market from 2015 to 2026 covers:
Desktop
Mobile
Tab
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others
Online Gambling Industry Growth
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Major Key Points from Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Regulatory Scenario by Region/Country
1.4 Market Investment Scenario Strategic
1.5 Market Analysis by Type
1.5.1 Global Online Gambling & Betting Market Share by Type (2020-2026)
1.5.2 Poker
1.5.3 Casino
1.5.4 Social Gaming
1.5.5 Lottery
1.5.6 Bingo
1.5.7 Sports Betting
1.5.8 Fantasy Sports
……
4 Players Profiles
4.1 Paddy Power Betfair PLC
4.1.1 Paddy Power Betfair PLC Basic Information
4.1.2 Online Gambling & Betting Product Profiles, Application and Specification
4.1.3 Paddy Power Betfair PLC Online Gambling & Betting Market Performance (2015-2020)
4.1.4 Paddy Power Betfair PLC Business Overview
4.2 Everest Poker
4.2.1 Everest Poker Basic Information
4.2.2 Online Gambling & Betting Product Profiles, Application and Specification
4.2.3 Everest Poker Online Gambling & Betting Market Performance (2015-2020)
4.2.4 Everest Poker Business Overview
4.3 Kindred Group
4.3.1 Kindred Group Basic Information
4.3.2 Online Gambling & Betting Product Profiles, Application and Specification
4.3.3 Kindred Group Online Gambling & Betting Market Performance (2015-2020)
4.3.4 Kindred Group Business Overview
4.4 Zynga
4.4.1 Zynga Basic Information
4.4.2 Online Gambling & Betting Product Profiles, Application and Specification
4.4.3 Zynga Online Gambling & Betting Market Performance (2015-2020)
4.4.4 Zynga Business Overview
4.5 Stars Group
4.5.1 Stars Group Basic Information
4.5.2 Online Gambling & Betting Product Profiles, Application and Specification
4.5.3 Stars Group Online Gambling & Betting Market Performance (2015-2020)
4.5.4 Stars Group Business Overview
4.6 William Hill PLC
4.6.1 William Hill PLC Basic Information
4.6.2 Online Gambling & Betting Product Profiles, Application and Specification
4.6.3 William Hill PLC Online Gambling & Betting Market Performance (2015-2020)
4.6.4 William Hill PLC Business Overview
4.7 Amaya Inc
4.7.1 Amaya Inc Basic Information
4.7.2 Online Gambling & Betting Product Profiles, Application and Specification
4.7.3 Amaya Inc Online Gambling & Betting Market Performance (2015-2020)
4.7.4 Amaya Inc Business Overview
4.8 Kindred PLC
4.8.1 Kindred PLC Basic Information
4.8.2 Online Gambling & Betting Product Profiles, Application and Specification
4.8.3 Kindred PLC Online Gambling & Betting Market Performance (2015-2020)
4.8.4 Kindred PLC Business Overview
4.9 GVC Holdings PLC
4.9.1 GVC Holdings PLC Basic Information
4.9.2 Online Gambling & Betting Product Profiles, Application and Specification
4.9.3 GVC Holdings PLC Online Gambling & Betting Market Performance (2015-2020)
4.9.4 GVC Holdings PLC Business Overview
4.10 Aristocrat
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Continued…..
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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To view the original version on ABNewswire visit: Global Online Gambling & Betting Industry Analysis 2020 Market Growth, Trends, Opportunities Forecast To 2026
View Comments and Join the Discussion!2020 Has Set the Online Gambling Industry Up for Exponential Growth in 2021
FN Media Group Presents Microsmallcap.com Market Commentary
New York, NY – December 4, 2020 – 2020 was a rough year for nearly everyone, but not for the world of online betting. As the pandemic confined millions of people to their homes on nights where they would otherwise be going out in search of fun and excitement, many turned to online gaming. While traditional in-person casinos felt the pain, online betting platforms have surged in popularity, reaching a of the overall gambling revenue in 2020. This year set up regulatory development and customer-base expansion that could see stocks surging in 2021. This is good news for online gambling stocks like Bragg Gaming Group (TSXV:BRAG) (OTCQX:BRGGF), Penn National Gaming (NASDAQ:PENN), Landcadia Holdings II (NASDAQ:LCA), FansUnite Entertainment Inc. (CSE:FANS) (OTCQB:FUNFF), and Flutter Entertainment (OTCPK:PDYPF).
Adding to the headwind, governments are finding themselves in need of revenue, making online gaming legalization and taxation an attractive proposition. Six states had online gaming legislation on the 2020 election ballot in November, and all six voted in favor. To top it off, President-Elect Joe Biden has gone on record indicating that his administration will not support imposing unnecessary restrictions to the gambling industry, a positive sign for companies like Bragg Gaming Group as they expand into these new markets.
Bragg Gaming Group Sees Major Growth Opportunity
Bragg Gaming Group (TSXV:BRAG) (OTC:BRGGF) is an industry-leading gaming technology company specializing in providing turnkey business-to-business solutions to online casino operators. Bragg is one of the gaming companies looking to seize this opportunity with fast growth going into 2021. Bragg is looking to strategically expand into new markets as they open up legally to online casinos. 2020’s ballot wins have given the company significant new opportunities for 2021.
Bragg’s ORYX Gaming subsidiary brings together a wide array of gaming content from numerous developers along with nearly everything else online casino operators need to get started. This includes sportsbook, lottery, marketing, and operational services in one omni-channel retail, online, and mobile iGaming platform. As new casino operators go online looking to ride the sector’s surge in 2021, ORYX could find its services in high demand.
On November 23, Bragg released its financial results for the three months up to September 30. These results indicate clear upward momentum for the company, achieving C$18.1M in group revenue, which equates to a 72 percent revenue growth year-over-year, and generating Adjusted EBITDA of C$2.8M, up from $0.3M achieved in the same period in 2019.
“We’ve made extraordinary progress in 2020 and are very pleased with the substantial revenue and EBITDA growth that we’ve delivered,” Bragg Gaming Group CEO Adam Arviv said in the company’s release. “We continue to expand globally, enhancing our content portfolio and technology offering, and securing new customers across key geographies.”
Online Gambling Companies Set Up for a Big Year
Traditional casino operator Penn National Gaming (NASDAQ:PENN) has given strong indications that online sports betting will be an increasingly large part of its business going forward. In January, Penn National acquired sports publisher Barstool Sports and the company launched a Barstool-branded betting app called Barstool Sportsbook in September. The company says that it will be improving the app’s technology and expanding the service into 2021.
Landcadia Holdings II (NASDAQ:LCA)received regulatory approvalfrom the state of New Jersey to acquire Golden Nugget Online Gaming, Inc in November, and is awaiting further approval from the SEC. Golden Nugget Online Gaming is currently the online division of Golden Nugget casinos. When the acquisition by Landcadia becomes final, the combined company will be the second publicly traded purely online casino operator in the United States.
Canadian gaming technology company FansUnite Entertainment Inc. (CSE:FANS) (OTC:FUNFF)announced on November 25 that the company had become a member of the Canadian Gaming Association. Earlier in November, the company announced that it saw a record month in October, with a 433 percent increase in revenue over October 2019.
UK-based company Flutter Entertainment (OTC:PDYPF) has several online gaming brands including FanDuel, Paddy Power, Betfair, and FOX Bet. In May, the company projected year-over-year revenue growth of 10 percent, with 61 percent growth in the United States. The company added 450,000 active users in quarter three and expects to carry on that growth into the next year.
2021 is shaping up to be a big year for online betting, and companies like Bragg Gaming Group are looking to capture the headwind.
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Online Gambling Market Growth
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