Press release
New Repot: Online Gambling & Betting Market Forecast 2019-2025 | 888 Holdings, Bet-at-home.com, GVC Holdings PLC, Paddy Power Betfair, William Hill, Amonics Ltd., Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, Fortuna Entertainment Gro
According to the report, the global Online gambling & betting market accounted for USD 45.8 billion in 2018 and is expected to reach USD 94.4 billion globally by 2025, growing at a CAGR of around +13% between 2019 and 2025.Online gambling (or Internet gambling) includes poker, casinos and sports betting. Many countries restrict or ban online gambling, but it is legal in some provinces in Canada, most countries of the European Union and several nations in the Caribbean. Increasing digitization, growing trust of gamblers on online payment options, increasing use of mobile phones, high internet penetration, and rising disposable income of middle-class segment are factors driving growth of the Online Gambling & Betting market.
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Top key players:
888 Holdings, Bet-at-home.com, GVC Holdings PLC, Paddy Power Betfair, William Hill, Amonics Ltd., Apollo Instruments Inc., Coherent Inc., IPG Photonics Corporation, JENOPTIK Laser GmbH, Keopsys Group, NKT Photonics A/S, Quantel Group, ROFIN-SINAR Technologies Inc. and TOPTICA Photonics AG., Stars Group, Paddy Power Betfair plc., Fortuna Entertainment Group, GVC Holdings Plc., and Kindred Group.
The Online Gambling & Betting Market is expected to grow rapidly during the forecast period due to the regulatory environment, which is expected to push global markets around the world. The global market is expected to expand at a rapid pace during the forecast period. This online gambling and betting report begins with a basic outline of the market. The analysis highlights opportunity and industry trends that’s impacted the market that is global.
This report provides clear insight into the Online Gambling & Betting Market sector and is expected to change the market in the future. It highlights the results of other drivers by limiting and providing details on some trends that affect the online gambling and betting economy. Rising skills and developments taking place in the market are also described in this research report.
According to a report Online Gambling & Betting Market is expected to grow majorly in Asia Pacific region. Macau and Hong Kong are two of the most prominent sports betting and revenue generating countries in the world. High economic growth of the region will provide disposable income for leisure activities, thereby boosting the market growth. Learn more about the factors that explain the positive factors driving market growth and success in global markets.
Market Classification:
Online Gambling & Betting Market, By Gaming Type, Estimates and Forecast, 2019-2025 ($Million)
Casino, Lottery, Sports Betting, Poker, Social Gaming, Bingo, Fantasy Sports
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Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments
Online Gambling & Betting Market segment by Regions/Countries,
•United States
•Europe
•China
•Japan
•Southeast Asia
•India
•Central & South America
Major Factors about the Report:
•Global Online Gambling & Betting Market Overview
•Economic Impact on Market
•Market Competition
•Global Online Gambling & Betting Market Analysis by Application
•Industrial Chain, Sourcing Strategy and Downstream Buyers
•Marketing Strategy Analysis, Distributors/Traders
•Global Market Effect, Factors, Analysis
•Global Market Forecast
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IT Intelligence Markets, we model all our work on our core philosophy that believes in customer satisfaction. We serve a global clientele by supplying market intelligence research reports after conducting exhaustive research. Our reports are replete with productive insights & recent market dynamics as the healthcare industry is constantly undergoing changes like ever-changing consumer preferences, supply channels and latest technologies. Our market research analysts not only investigate the market for drivers, restraints & challenges but also gauge the overall progress of the market by comparing chief market players. Our report forms a crucial piece of intelligence using which our clients can unleash their potential & tap their capacity to harness the correct technologies & surpass their competitors.
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