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Global Online Gambling Market Competitive Landscape and Key Vendors: Bwin.Party, Amaya, BetAmerica, Betfair Online Casino, to Expand at a CAGR of 9% by 2022
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Market has grown into a huge industry with total worldwide assets estimated at about USD +43 billion, it is expected to reach USD +80 billion by 2022, at a CAGR of +9%.
Increasing Legalization of Online Gambling to Drive the Online Gambling Market Growth: More than 80 nations have legal online gambling and Europe has the largest market in the world, and this is just going to increase as Netherlands adopts new gambling on internet regulations. In Asia Pacific region, the online gambling sector has not grown much, as there has been no scope. In countries like Singapore, the government has made all sorts of gambling illegal and thus no market as such. In China and South Korea also gambling sites working unofficially were arrested. While in the USA, three states already allow online gambling, and it is expected that more states are going to adopt similar regulations.
Online gambling market Competitive landscape and key vendors: The market is highly dominated by very few vendors like 888 Holdings, Bet-at-home.com, and Betfair Entertainment. The large vendors operate in many fields in addition to retail betting, while small vendors concentrate only in specific businesses such as casino and lottery. The market is likely to grow during the forecast period due to rising number of gambling premises across the globe. With the advances in technology and the changing consumer preferences, the level of competition in the market will intensify. Moreover, the market will experience consolidation due to the influx of private labels.
888 Holdings, Bet-at-home.com, Bwin.Party, Ladbrokes; Other prominent vendors in the market are Amaya, BetAmerica, Betfair Online Casino, Betsson, Camelot, Delaware Park, Draft Kings, Fan Duel, Gala Coral, Genting UK, Golden Nugget, Harrington, Net Entertainment, Paddy Power, Pala Casino, Playtech, Rank Group, Real Gaming, Resorts Online Casino, Sportech, TVG, Twinspires, Watch and Wager, William Hill, Worldwinner, and WSOP.
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Segmentation by type and the analysis of market: Betting, Bingo, Casino, Lottery, Poker
Segmentation by Device Online gambling market: Desktop, Mobile
Market Segmentation by Industry Products: Gambling machines, Gaming tables, Online legal casino gaming services, Accommodation, Food and beverages
Market of Online Gambling growing in Region Segmentation: NorthAmerica, US, Canada, Europe, UK, France, Spain, Italy, Asia Pacific, China, India, Japan, Australia, Latin, America, Brazil, Argentina, Mexico, Middle East and Africa, United Arab Emirates, Egypt,Saudi Arabia, South Africa, Others.
Key Developments in the Online gambling market
Jul 2018: Nine casino owners in Pennsylvania are seeking licenses to operate casino-style gambling online. Pennsylvania last year became the fourth state to legalize online gambling, joining Nevada, New Jersey and Delaware.
Jul 2018: Belarus to legalize online gambling and the draft legislation also includes a proposal to license and tax online gambling operators.
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Table of content:
Chapter1: Global online gambling market Overview
Chapter2: Market Comparison Analysis
Chapter3: Market Impact of Drivers
Chapter4: Market Challenges
Chapter5: Market Trends
Chapter6: Online gambling market Vendor Landscape
Chapter7: Market Segmentation by Device
Chapter8: Impact of Drivers and Challenges
Chapter9: Market Executive Summery
Chapter10: Market Research Methodology
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