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Online casino is Flourishing, Taking Several Industries to Top Spot: Bet365, Galaxy Entertainment Group, Las Vegas Sands Corporation, MGM Resorts International, The Star Group

09-28-2020 04:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Stratagem Market Insights

Online casino

Online casino

Online casino is also called as virtual casinos that offer gamblers to play and bet on casino games via the internet. With the growing penetration of the internet, the rate of online casinos has increased drastically as it offers desired credibility in the gambling zones. Various countries are legalizing on online gambling as it offers a higher rate of employment and revenue generation. Moreover, online casinos offer gamblers to experience gambling activities in real-time via online services and majority bets are placed in football, boxing, baseball, and hockey sports.

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Major Key Players Detail -

-- Bet365
-- Galaxy Entertainment Group
-- Las Vegas Sands Corporation
-- MGM Resorts International
-- The Star Group
-- Paddy Power Betfair
-- William Hill

Increasing penetration of online gambling and legalization on online gambling by government across various countries is expected to foster the market growth of online casinos. Moreover, increasing corporate sponsorship and celebrity endorsement is also projected to augment the growth of online casinos. Furthermore, the increasing launch of innovation in the online casino by major players is again expected to boost market growth over the forecast period. For instance, in January 2019, Playtech has introduced its casino and poker products in Sweden for operators: bet365 and Paddy Power Betfair.

From the geographical perspective, Europe is expected to gain significant growth and this can be attributed to the legalization of gambling across countries such as Germany, Spain, France, Malta, and Italy. Also, the introduction of the UK's gambling act 2005 that has opened a way for things such as bingo halls and proper casinos to open in Britain, with the Gaming Act 1968 liberalizing the law and making it easy for increasingly commercialized casinos to be built'.

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Product Type Segmentation -

Card Games
Poker
Slots
Table Games
Others

Device Segmentation -

Desktops and Laptops
Mobiles
Tablets
Region Segmentation -

North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)

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About Us:
Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.

Contact us:
Mr. Shah
Stratagem Market Insights
Tel: +1 415 871 0703
Email: sales@stratagemmarketinsights.com
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