Press release
Current Trends In Online Gambling Market Growth Analysis, Opportunities, Trends, Developments And Forecast 2020
The Business Research Company
The global online gambling market is expected to grow from $58.9 billion in 2019 and to $66.7 billion in 2020 at a growth rate of 13.2%. The growth is mainly attributed to COVID 19 due to which large population is confined to home during the lockdown and have free time to participate in several free and paid leisure activities including online gambling. The market is then expected to reach $92.9 billion in 2023 at CAGR of 11.64%.
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The online gambling market comprises of revenue generated by remote gaming activities by means of the internet using desktop and mobile devices. The market includes gambling establishments developing online sports betting, casino, bingo, lotteries, and poker games, among others.
The online gambling laws vary wildly from one region to other. Most countries have their own local laws that deal with the relevant legal and regulatory issues. Countries such as United States, have a much more complex gambling regulatory process. Also in countries like India, gambling is under struct control. With each individual country enacting particular gambling laws, it`s tough to be familiar with them all. Nevertheless, all gambling sites should be compliant with any laws that they are subject to, to ensure gambling sites are operated lawfully, ethically, and are safe.
Online Gambling Market Segmentation: -
By Type
1. Betting
2. Casino
3. Lottery
4. Poker
5. Online Bingo
6. Others
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Few Points From Table Of Content
1. Executive Summary
2. Online Gambling Market Characteristics
3. Online Gambling Market Size And Growth
4. Online Gambling Market Segmentation
5. Online Gambling Market Regional And Country Analysis
......
25. Online Gambling Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Global Online Gambling Market
27. Online Gambling Market Trends And Strategies
28. Online Gambling Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the online gambling market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the online gambling market are 888 Holdings PLC, Bet365 Group Ltd., Betsson AB, William Hill PLC, GVC Holdings PLC, Kindred Group PLC, Sky Betting & Gaming, Stars Group Inc., Ladbrokes Coral Group PLC, Paddy Power Betfair PLC
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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