Press release
Major Advancements : Global Online Gambling Industry will rise At A CAGR Of 9.36% By 2021
Online gambling is the risking of money or any monetary possession for uncertain results through online gambling portals. The introduction of new casinos has increased the competition in the market, and the new casinos will cut into the profits of the existing centers. For example, in 2016, the growth of regional casinos in the US reduced the profits of the Atlantic city casino market as the consumer started migrating to regional casinos in other states in the country.
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Technavios analysts forecast the global online gambling market to grow at a CAGR of 9.36% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global online gambling market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Online Gambling Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
888 Holdings
bet-at-home.com
GVC Holdings
Ladbrokes Coral Group
MGM Resorts
Unibet Group
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Other prominent vendors
Betsson
Camelot Group
Genting UK
NetEnt
Paddy Power
Playtech
Rank Group
The Stars Group
William Hill
Market driver
Growing demand for mobile social gambling games
For a full, detailed list, view our report
Market challenge
Increasing fraud via online gambling
For a full, detailed list, view our report
Market trend
Increasing usage of bitcoins as currency
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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