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Online Gambling And Betting Market By Type (Casino Games, Sports Betting, Card Games, Fantasy Sports, Lotteries, Social Gaming), By Platform (Web-Based, Downloadable) - Growth, Share, Opportunities & Competitive Analysis, 2017 - 2025

Online gambling and betting include sports betting or betting on casino games over the internet. Since the emergence of online gambling and betting in the early 1990s, gambling sites have become among the most frequently visited websites on the internet. This was primarily attributed to the continually rising adoption of internet services, improving internet infrastructure, and the inclination of people towards easy money. Additionally, over the past few years, the emergence of mobile applications (mobile apps) has also contributed to market development.

The online gambling and betting sector has been developing at an exceptional rate as an entertainment and recreational activity. With easy access to the internet across different regions, many users seek online gambling and betting as a secure and rewarding source of entertainment. This has widened the avenues of online gambling and the betting market. Online gambling platforms offer a variety of casino games, including casino games, card, and dice games, bingo, sports betting, and online lotteries. However, government regulations banning online gambling across different major countries are the prime factor limiting the market's growth.

The report titled "Global Online Gambling and Betting Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025" offers strategic insights into the global online gambling and betting market, along with the market size and estimates for the duration of 2015–2025.

The said research study covers an in-depth analysis of market segments based on type, platform, and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities. In addition, the report includes a section providing insights into the key trends followed in the market.

The report also includes competitive profiling of the leading online gambling and betting vendors, their business strategy analysis, market positioning, and key developments to assist strategic decision-makers. Some of the major players profiled in the report are 888 Holdings Plc., NetEnt AB, Fortuna Entertainment Group, VGC Holdings Plc., Kindred Plc., Bwin Interactive Entertainment AG, Betsson Group, Ladbrokes Coral Group Plc., Playtech Plc., William Hill Plc., Amaya, Inc., and Paddy Power Betfair Plc., among others.

Apart from the company profiles, the report includes a section covering the competitive landscape, wherein the market positioning of the companies is discussed. The section also provides an overview of the key business strategies employed by the leading market participants. Similarly, the report includes a list of major countries where online gambling and betting are legal or illegal.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the online gambling and betting industry
  • Comparative analysis for different segments for the years 2016 and 2025
  • Market fuelers, market impediments, and their impact on market growth
  • In-depth competitive environment analysis, including the positioning of market players and their business strategy analysis
  • Trailing 2-year market size data (2015–2016)
  • SRC (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global online gambling and betting market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

On the basis of game type, the global online gambling and betting market is segmented into the following categories:

  • Casino Games
  • Card Games
  • Sports Betting
  • Fantasy Sports
  • Lotteries
  • Social Gaming

As of 2016, the overall online gambling and betting market is led collectively by the casino games and card games segments. The two segments contribute to more than 40% of the total revenue generated worldwide. Online casino games are legal in numerous countries, making this segment highly profitable. As of 2016, the online sports betting segment follows the casino games segment.

The segment is projected to witness strong growth in the following years, owing to the higher penetration of sports betting as compared to casino and card games. Other potential segments include social gaming and online lotteries. However, the major concern for the overall market is varying regulations across different countries. Thus, a given segment remains lucrative for a particular region or country.

Based on geography, the global online gambling and betting market is segmented into the following regions and countries:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Italy
  • France
  • Spain
  • Malta
  • Gibraltar
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • Australasia
  • Southeast Asia
  • Rest of Asia Pacific
  • Rest of the World (RoW)
  • Middle East and Africa (MEA)
  • Latin America

As of 2016, the overall online gambling and betting market worldwide is led by Europe. The region contributes to more than forty percent of the total revenue generated worldwide as of 2016. The market here is primarily driven by countries such as the U.K., Italy, France, and Spain. Due to easy regulations across different countries in the region, the market growth here is projected to remain strong in the following years.

North America follows Europe in terms of revenue in the overall online gambling and betting market. The market here is primarily hindered by the U.S. making online gambling legal in selected states. In the following years, Asia Pacific is set to emerge as the fastest-growing market for online gambling and betting. The market here is primarily governed by Southeast Asia, Macau, and India. Although regulated, online gambling represents a lucrative sector in India.

Frequently Asked Question:

The market for Online Gambling And Betting Market is expected to reach USD$ 60 Bn in 2025.

The Online Gambling And Betting Market is expected to see significant CAGR growth over the coming years, atXX%.

The report is forecasted from 2017 -2025.

The base year of this report is 2016.

Fortuna Entertainment Group, VGC Holdings Plc., Kindred Plc., Bwin Interactive Entertainment AG, Betsson Group, Ladbrokes Coral Group Plc. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Jun 2017
Category:  Technology & Media
Report ID:   58532
Report Format:   PDF
Pages:   120
Rating:    4.6 (55)
Delivery Time: 24 Hours to 48 Hours   
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