Press release
Online Gambling and Betting Market Projected to Surpass $5660 Million globally by 2023 | Top Key Players - 888 Holdings, GVC Holdings PLC, Paddy Power Betfair, William Hil
Online Gambling and Betting Market
Global Online Gambling and Betting Market overview:
With the slowdown in world economic growth, the Online Gambling and Betting industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Online Gambling and Betting Market size to maintain the average annual growth rate of 13.71% from 2510 Million $ in 2014 to 3690 Million $ in 2018, Market analysts believe that in the next few years, Online Gambling and Betting Market size will be further expanded, we expect that by 2023, The market size of the Online Gambling and Betting will reach 5660 Million $.
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Online Gambling and Betting for a few individuals is a recreational activity, but it is a way to make another income or money. Online gambling sites have made it simple for people to play with the convenience and comfort of sitting inside their own homes. There are games and various websites and some of the typical among them are Poker Games, Casinos, Bingo, Sports Websites and the most trendy among them. Online Poker games is a hot favored among many people because there are lots of advantages than playing in a Poker Room that is traditional for the gambler. It's a blessing for the novices and it's manyfold a cheaper alternative since the overhead charge is much less.
There are no delays since the dealing and shuffling is instantaneous and fast. There are various casinos that boast of having bonuses, but it is a topic of irony for one gambler may not be good for another, that what's good. Various casinos excel in various fields so it depends on the games assortment and the bonuses the person likes to win. There are gamblers who're a few who prefer variety bonuses and graphics in games and blackjack lovers.
For the novices, who aren't well versed with playing real money, there are free game sites that help them practice and gain experience in the new strategies and ploys which should be employed while playing in real on-line casinos. Sports gambling sites have also accumulated great popularity among the players and there are many websites both legal and illegal. Betting is done on many games Such as cricket, football, etc. Online lotteries, bingo, are a number of the other gambling sites which are fast gaining great popularity.
The Global Online Gambling and Betting Market is segmented on the basis of Gaming Type, Device Type and Region. On the Basis of Gaming Type segment, he Online Gambling and Betting Market is sub segmented into Lottery, Betting, Casino. Based on Device Type segment, The Market is sub segmented into Desktop, Mobile.
According to geography, APAC is anticipated to expand at a significant Compound Annual Growth Rate of during the forecast period. Primary drivers of the Online Gambling and Betting Market in A PAC are relaxation of laws, growth in participation of wagers through Internet, and availability of foreign Gambling & Betting sites with attractive offers. Additionally, increase in penetration of Internet-based devices and trust in using Online Gambling and Betting sites are stimulating the market. Europe is expected to witness a significant growth during the forecast period. The Online Gambling and Betting Market in North America is anticipated to expand at a Compound Annual Growth Rate of from 2019 to 2023.
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Major Online Gambling and Betting Players:
1 888 Holdings
2 Bet-at-home.com
3 GVC Holdings PLC
4 Paddy Power Betfair
5 William Hil
6 Europa Casino
7 Casino.com
8 Slots Casino
9 Bwin Casino
Market segment by Regions/Countries, this report covers:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
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Table of Contents:
Global Online Gambling and Betting Market Report 2019
1 Online Gambling and Betting Definition
2 Global Online Gambling and Betting Market Major Player Share and Market Overview
3 Major Player Online Gambling and Betting Business Introduction
4 Global Online Gambling and Betting Market Segmentation (Region Level)
5 Global Online Gambling and Betting Market Segmentation (Product Type Level)
6 Global Online Gambling and Betting Market Segmentation (Industry Level)
7 Global Online Gambling and Betting Market Segmentation (Channel Level)
8 Online Gambling and Betting Market Forecast 2019-2023
9 Online Gambling and Betting Segmentation Type
10 Online Gambling and Betting Segmentation Industry
11 Online Gambling and Betting Cost Analysis
12 Conclusion
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