Global Online Gambling & Betting Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

MarketResearch.biz delivers in-depth insights on the global online gambling & betting market in its upcoming report titled, “Global Online Gambling & Betting Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global online gambling & betting market is estimated to register a CAGR of XXX% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global online gambling & betting market report has been segmented on the basis of gaming type, device type, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Online gambling & betting is also called as internet gambling. It consists of games such as casino, poker, lottery, and other games which are played through internet-based digital platform. Gambling & betting is the major international commercial activity across the globe. Online gambling & betting are played by using a remote device such as a tablet, computer, smartphone or a mobile phone with a wireless internet connection. The fastest growing form of gambling in the world is online gambling. In 2017, according to report by the American Gaming Association (AGA), nearly 3,000 internet gambling sites offer wagering on sports, casino games, poker, bingo, lottery and other games in the US. Online gaming machines are found at land-based casinos, restaurants, and gaming arcade.

Key driver of the global online gambling & betting market is increase in rate of gambling and rise in disposable income of customers. In addition, growth in penetration rate of Internet coupled with rising adoption of internet-based devices, building trust on the online mode of gambling and betting, changing lifestyle, growing demand for live streaming of games videos and sports are the factors anticipated to propel growth of the global online gambling & betting market. Stringent regulations imposed on online gambling in Europe and other countries may hinder the growth of the market.

Geographically, the market of online gambling & betting has been segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in Europe is expected to dominate the global online gambling & betting market, due to rising disposable income and increasing demand for online betting and gambling portals in the country across this region. However, the market in Asia Pacific is expected to be an emerging market for online gambling & betting and is expected to register highest CAGR in during the forecasted period, owing to increasing number of internet users coupled with rising per capita income level this region.

GLOBAL ONLINE GAMBLING & BETTING MARKET SEGMENTATION:

Segmentation by gaming type:

• Poker
• Casino
• Social Gaming
• Lottery
• Bingo
• Sports Betting
• Fantasy Sports

 Segmentation by device type:

• Desktop
• Mobile
• Tab

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa