Press release
Mobile Gambling Market 2023 Overview by Kindred Group Plc, Net Entertainment, Paddy Power Betfair Plc., 888 Holdings PLC, Ladbrokes Betting & Gaming Ltd.
Market Synopsis:
Gambling has become more pervasive than ever before. Online gambling refers to betting of money online on an event with an uncertain outcome. It is similar to gambling but it is played on sports or casino over the internet. Online gambling is not limited to playing cards. It is a whole length of gambling over the internet, which includes an online casino, online sports betting, or online bingo. The development of infrastructure, increasing foreign investments, and the relaxation of government regulations and policies are some of the factors contributing to the growth of this market segment.
The increasing take-up and use of mobile devices are transforming most industries. Currently, almost one-third of betting and gaming consumers are using their smartphone. As betting and gambling have become a culturally more accepted leisure activity, the mobile channel has provided the industry with opportunities to widen their customer base. Consumers who traditionally might not have gone to betting shop or bingo hall can now bet and play in the way that fits their lifestyle.
A major trend in the market is the acceptance of cash alternatives, such as virtual money or cryptocurrency by vendors. For instance, the mobile gambling market in Nevada, the U.S., allows players to use virtual money. This has reduced the risks related to cash transactions. Payment options through online cash transactions and virtual money enable the distribution of prize money in the form of redeemable coupons, which can be worth more than cash. These coupons can be used to play other games as well. This also provides vendors information regarding customers’ spending history, which helps them customize their marketing plans and games accordingly.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/5142
Blockchain-based online gambling platform LetBet is releasing its own digital currency named LBT to disrupt the status of traditional online gambling systems – delays, unfair payout systems and the innate trust on a potentially corrupt third party. Hence, it will revolutionize the online gambling industry and aims to bring the industry to a new future in the next few months. The mobile gambling industry is also filled with lots of perceptions and views from both the players and those who are closely observing the industry. These concerns include illegal tax avoidance, player discernment, security, unreliability, myriad regulations and so on
A major factor hindering the growth of this market is mobile gambling invoking addictive behavior among low-income population. Mobile gambling is not legalized in many countries because it raises addictive behavior among players. Gamblers become prone to impulse control disorder, which can be either because they want to recover losses or greedy to win more. Such players are willing to gamble more regularly for higher stakes. Governments of countries are trying to control the reach of mobile gambling among the low-income population that may not be able to afford the losses.
The global Mobile Gambling Market is estimated to grow at 7%CAGR through the forecast period
Key Players
Some of the key players in the market are Betsson AB (Sweden), Kindred Group Plc (Malta), Net Entertainment (Sweden), Paddy Power Betfair Plc.(Ireland), 888 Holdings PLC (U.K), Ladbrokes Betting & Gaming Ltd. (U.K), Bet-at-home.com (U.K), Bwin.Party Digital Entertainment (Austria), Betfair Group plc.(U.K), Kindred Group (U.K), William Hill Plc (U.K) among others.
Segmentation:
The global mobile gambling market is segmented on the basis of type, end-users, and region. On the basis of the type, the segment is further classified into betting, casino, poker, lottery, online bingo, and others. On the basis of the end-users, the segment is further classified into gambling enthusiasts, social exuberant, dabblers.
Regional Analysis:
Europe dominates the global mobile gambling market. Operators are continuing to invest in product development, which will help to better their position to compete against possible new entrants that are attracted by the growth potential in the British mobile betting and gaming market. They could be new operators that either on their own or with partners, develop mobile propositions that are very attractive to customers. The Asia Pacific is likely to experience the fastest growth in the global market during the forecast period owing to the increased spending capability of the population in the region.
Intended Audience:
• Application Developers
• Payment gateways
• Testing
Get Report Details @ https://www.marketresearchfuture.com/reports/mobile-gambling-market-5142
LIST OF TABLES
Table 1 Global Mobile Gambling Market: By Region, 2017-2023
Table 2 North America Mobile Gambling Market: By Country, 2017-2023
Table 3 Europe Mobile Gambling Market: By Country, 2017-2023
Table 4 Asia-Pacific Mobile Gambling Market: By Country, 2017-2023
Table 5 Middle East & Africa Mobile Gambling Market: By Country, 2017-2023
Continued…..
LIST OF FIGURES
FIGURE 1 Global Mobile Gambling Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Mobile Gambling Market
FIGURE 4 Value Chain Of Global Mobile Gambling Market
FIGURE 5 Share Of Global Mobile Gambling Market In 2017, By Country (In %)
Continued……
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Mobile Gambling Market 2023 Overview by Kindred Group Plc, Net Entertainment, Paddy Power Betfair Plc., 888 Holdings PLC, Ladbrokes Betting & Gaming Ltd. here
News-ID: 1258271 • Views: …
More Releases from Market Research Future Pune
Educational Robots Market 2019 Industry Trends by Leading Key Players Aisoy Robo …
The report on the Global Educational Robots Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
Overview
Market Research Future (MRFR) announces a half-cooked research report on the global educational robots market. The report looks into all aspects of the market’s historical performance in order to present a clear…
Bare Metal Cloud Market 2019 Industry Trends by Leading Key Players Oracle Corpo …
The report on the Global Bare Metal Cloud Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
Market synopsis
Global bare metal cloud market is expected to grow from USD 1.52 billion in 2017 to USD 7.73 billion by 2023, at a CAGR of 31.12% during the forecast period.
Bare…
Cloud Access Security Broker Market 2019 Industry Trends by Leading Key Players …
The report on the Global Cloud Access Security Broker Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
Overview
Cloud service offers a secure, standardized and virtual storage service. It delivers faster services, improves manageability, increases IT department’s value and reduces total cost of ownership. Cloud infrastructure is becoming…
High Altitude Long Endurance (Pseudo Satellite) Market 2019 Industry Trends & Le …
The report on the Global High Altitude Long Endurance (Pseudo Satellite) Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
Key Players
Some of the major players in Global High altitude long endurance (Pseudo Satellite) Market include Airbus SAS, Lockheed Martin, Boeing, BOSH global services, Northrop Grumman Corporation, SZDJI…
More Releases for Mobile
Global Mobile Wallet Market, Global Mobile Wallet Industry, Market Revenue, Mark …
The digital wallet is the engine of mobile commerce and also agreements an evolutionary path to decrease the friction in the transaction and optimize consumer satisfaction. The users are interested towards gorgeous cash backs and loyalty coupons suggested by dissimilar mobile wallet corporates. The mobile wallet market in the report denotes to payment services functioned under financial regulation and functioned through a mobile device instead of paying with cheques, cash, or credit cards.…
Asia - Mobile Infrastructure and Mobile Broadband
Bharat Book Bureau Provides the Trending Market Research Report on "Asia - Mobile Infrastructure and Mobile Broadband" under Telecom category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
Executive Summary
Leading Asian nations prepare for 5G rollouts
Asia’s mobile subscriber market is now witnessing moderate growth in a fast maturing market. Whilst there are still developing markets continuing to grow their mobile subscriber base at…
Mobile Virtual Network Operator (MVNO) Market Analysis by Top Key Players Tracfo …
The mobile virtual network operator (MVNO) is also referred to as the mobile other licensed operator (MOLO), or the virtual network operator (VNO), is the remote service of communication which does not claim the remote network infrastructure on which it gives the customer the services.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2835705?utm_source=RK&utm_medium=OPR
The MVNO goes into the business agreement with the mobile network operator for acquiring more access to…
Mobile Virtual Network Operator (MVNO) Market Comprehensive Study 2018: Boost Mo …
Global Mobile Virtual Network Operator (MVNO) market report provides a thorough synopsis on the study for market and how it is changing the industry. The data and the information regarding the industry are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Mobile Virtual Network Operator (MVNO) Market report includes historic data, present market trends,…
Asia - Mobile Infrastructure And Mobile Broadband
Asian mobile broadband market continues to grow strongly
With 3.9 billion mobile subscribers and over 50% of the mobile subscribers in the world, spread across a diverse range of markets, the region is already rapidly advancing in the adoption of mobile broadband services. Mobile broadband as a proportion of the total Asian mobile broadband subscriber base, has increased from 2% in 2008 to 18% in 2013, 27% in 2014, 33% in…
Mobile Money Market Trends, Public Demand and Worldwide Strategy - Mobile Commer …
The mobile money market report provides an analysis of the global mobile money market for the period 2014 – 2024, wherein 2015 is the base year and the period from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends playing a major role in the growth of the mobile money market over the forecast period. It…
