September 25, 2019

Online Gambling & Betting Market by Glorious Opportunities, Business Growth, Size, and Statistics Forecasts Up To 2026 | CAGR of 16.68%

Verifiedmarketresearch has published a report entitled Global Online Gambling & Betting Market Research Report 2019 that is a detailed observation of several aspects, including the rate of growth, technological advances and various strategies implemented by the main current market players. The report is based on a collective analysis of data, which is obtained through primary and secondary research. It provides a systematic approach to the current and prospective scenario of this market.

According to Verified Market Research, the Online Gambling & Betting Market was valued at USD 23.32 Million in 2018 and is projected to reach USD 79.62 Million by 2026, growing at a CAGR of 16.68% from 2019 to 2026.

The major manufacturers covered in this report- 888 Holdings plc, Bet365 Group Ltd., Betfred Ltd., Fortuna Entertainment Group, GVC Holdings Plc, Hong Kong Jockey Club, Kindred Group, mybet Holding, Paddy Power Betfair Plc, and Playtech.

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What is the Online Gambling & Betting?

Online gambling & betting involves risking money or something of value on an event with an intention to win money or material goods. The resulting outcomes of wager or betting are often immediate and unsure such as a single roll of dice or a spin of a roulette wheel. Online gambling or Internet gambling includes poker, slots, bingo, roulette, lotteries, keno, casinos and sports betting. It basically requires three elements to be present i.e. consideration, risk, and a prize.

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Global Online Gambling & Betting Market, By Gaming Type

  • Bingo
  • Casino
  • Lottery
  • Poker
  • Others

Global Online Gambling & Betting Market, By Device Type

  • Desktop
  • Mobile
  • Tab

Market Segment by Regions, regional analysis covers 2019-2025:

North America (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.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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What are the Online Gambling & Betting market factors that are explained in the report

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: The Global Online Gambling & Betting Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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