Online gambling

Online Gambling Market Share, Size, Growth, Key Players, Analysis and Industry Trends 2022-2027 – FortBendNow

According to the latest report of the IMARC group, entitled “Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027the global online gambling market reached a value of US$72.3 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$131.4 billion. by 2027, growing at a CAGR of 9.96% in 2022-2027.

We regularly monitor the direct effect of COVID-19[female[feminine in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Online gambling, or virtual gambling, is an online casino or sports betting activity. Unlike in-person play, it does not involve physical interaction between players, and sessions are moderated by computer programs. Players can play various virtual games, such as sports betting, poker, blackjack, roulette, and slot machines. The game software application can be downloaded to a smart device, or the game can be played via a website. Online gambling platforms offer several advantages, such as cashless transactions, accessibility through any electronic device, personalized budget and real-time gambling experience.

Market Trends and Drivers:

High internet connectivity, along with increasing penetration of smart devices, is driving the growth of the online gambling market. The legalization and cultural approval of online betting in several developed countries is also increasing the demand for online gambling. Several esports companies are establishing high profile sponsorships with various football and racing clubs, to attract a large consumer base. Additionally, various technological upgrades have led to the advent of virtual reality (VR) and blockchain tools. These tools help maintain transparency of gaming activities to provide an engaging player experience. Additionally, rising consumer living standards and the launch of bitcoin gambling are further expected to boost the global online gambling market.

Competitive analysis and segmentation of the online gambling market 2022-2027:

Competitive landscape with key players:

The competitive landscape of the global Online Gambling Market has been studied in the report along with the detailed profiles of key players operating in the market.

Some of these key players include:

  • 888 Holdings PLC
  • Intralot
  • Kindred Group Plc
  • LeoVegas AB
  • MGM Resorts International
  • Bet365 Group Ltd.
  • Cherry Spelgladje AB
  • Flutter Entertainment Plc
  • Betsson AB
  • Galaxy Entertainment Group
  • GVC Holdings Plc

Key Market Segmentation:

The report has segmented the global online gambling market on the basis of game type, device and region.

Breakdown by game type:

  • sports betting
    • Soccer
    • Horses race
    • eSports
    • Others
  • Casino
    • Live Casino
    • Baccarat
    • black jack
    • Poker
    • Slot machines
    • Others
  • Others

Breakdown by device:

Breakdown by region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Our offerings include comprehensive market information in the form of research reports, production cost reports, feasibility studies and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our client base, ranging from small and medium-sized businesses to Fortune 1000 companies.

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