Press release
Gam-bling Market 2021 Business Scenario- William Hill, MGM Resorts, Las Vegas Sands, Paddy Power, Betfair Entertainment
Global Gam-bling Market 2021 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Gam-bling market size, demand and revenue. The current Gam-bling market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.The global Gam-bling market is expected to grow from $465.76 billion in 2020 to $516.03 billion in 2021 at a compound annual growth rate (CAGR) of 10.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $674.7 billion in 2025 at a CAGR of 7%.
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Scope of this Report:
Markets Covered: 1) By Type: Ca-sino; Lotteries; Sports Betting; Other Gam-bling
2) By Channel Type: Offline; Online; Virtual Reality(VR)
Companies Mentioned: William Hill; MGM Resorts; Las Vegas Sands; Paddy Power; Betfair Entertainment
Metrics Covered: Number of Enterprises; Number of Employees
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, Gam-bling indicators comparison.
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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The Gam-bling market consists of sales of Gam-bling services and related goods by entities (organizations, sole traders and partnerships) that operate Gam-bling facilities, such as cas-inos, bingo halls, video gaming terminals, lotteries, and off-track sports betting. Gam-bling is the act of wagering money or something of value on an event with an uncertain outcome that is not under gambler control, with an intent of winning money. Bingo parlors, coin-operated Gam-bling device concession operators, bookmakers, lottery ticket sales agents, and card rooms are also included in this market. The Gam-bling market also includes sales of Gam-bling services and related goods by entities that operate cas-ino hotels. The Gam-bling market is segmented into cas-inos; lotteries; sports betting and other Gam-bling.
Branded slots are increasingly becoming popular in the Gam-bling industry. Branded slots are licensed online cas-ino games built around universally popular subjects such as movies, TV shows, music or books. Brand loyalty draws the customers towards trying slot games revolving around their favorite characters. Branded online slot games attract casual bettors, even the ones with little experience and interest in slot machines, as they create a connection with the players due to their familiarity with characters on the slots, increasing the traffic on the slot machines. Branded slots based on Game of Thrones, Westworld, Batman, and Jurassic Park are some of the most popular branded slot games. Changing Consumer Gam-bling Habits: The demand for Gam-bling is expected to be driven by the changing Gam-bling habits of consumers. The increasing popularity of Gam-bling apps and social Gam-bling will propel the growth of the market going forward. The global social casi-no market is expected to reach $4.64 billion by 2020, growing at a CAGR of 5%.
Regional Analysis For Gam-bling Market:
North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Asia Pacific was the largest region in the global Gam-bling market, accounting for 38% of the market in 2020. North America was the second largest region accounting for 29% of the global Gam-bling market. Middle East was the smallest region in the global Gam-bling market.
Browse the Report Description And TOC:
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Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
The research includes historic data from 2015 to 2021 and forecasts until 2030 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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