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Market Overview of Global Online Gambling market:
According to our latest research, the global Online Gambling market looks promising in the next 5 years. As of 2022, the global Online Gambling market was estimated at USD 79517.35 million, and it's anticipated to reach USD 147981.63 million in 2028, with a CAGR of 10.91% during the forecast years.
Online gambling is any kind of gambling conducted on the internet. This includes poker, casinos and sports betting.
The impact of COVID-19 on the Online gambling industry will involve all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, and marketing has been delayed. The impact on the Online gambling industry depends largely on the prevention and control effects of COVID-19.
On the one hand, the spread of COVID-19 has accelerated the demand for online gambling. The financial uncertainty following layoffs and vacations has made many consumers more frugal, but others are still turning to retail therapy to cope with stress. However, purchases cannot occupy consumers for a long time, and they are looking for other ways to stay entertained. Online gambling is a possible way out, the industry can even suffer less economic losses than other industries through the pandemic.
On the other hand, more and more digitization and secure digital payment methods are also some of the factors driving the growth of the online gambling market. Due to the increasing use of digital currencies and the company's website designed for gambling, it is expected that the market will gain momentum during the forecast period.
Region Overview:
Europe dominated the Online Gambling market in 2020, with a market share of 52.61%.
Company Overview:
Bet365 is one of the major players operating in the Online Gambling market, holding a share of 6.89% in 2020.
BET365
BET365 Group Limited engages as an online gambling company. The Company provides a range of betting opportunities for various sports, including football, horse racing, tennis, cricket, and basketball, as well as casino, games, poker, and bingo rooms online.
GVC Holdings
GVC Holdings PLC is an e-gaming operator in both B2C and B2B markets. The company's line of business includes the provision of internet gaming, sports betting, casino, poker and bingo services.
Segmentation Overview:
Among different product types, Sports Betting segment is anticipated to contribute the largest market share in 2027.
Poker
Online poker is the game of poker played over the Internet.
Casino
Online casinos are online versions of traditional ("brick and mortar") casinos. Online casinos enable gamblers to play and wager on casino games through the Internet.
Sports Betting
Sports betting is the activity of predicting sports results and placing a wager on the outcome. There are a number of different ways to place wagers on sporting events. These include using bookmaking shops or telephone betting services. The most common way for people to bet on sports today is via the web.
Application Overview:
By application, the Desktops segment occupied the biggest share from 2017 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Online Gambling market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Online Gambling Market Report:
Market Size Estimates: Online Gambling market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Online Gambling market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Online Gambling market
Segment Market Analysis: Online Gambling market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Online Gambling market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Online Gambling Market: Revenue and sales volume of major countries in each region
Online Gambling Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Online Gambling market in major regions.
Online Gambling Industry Value Chain: Online Gambling market raw materials & suppliers, manufacturing process, distributors, downstream customers
Online Gambling Industry News, Policies & Regulations
Key players in the global Online Gambling market are covered in Chapter 12:
Bet365
William Hill
LSbet
Expekt
Betsson
Unibet
Royal Vegas
888
Bwin
In Chapter 2 and Chapter 15.1, based on types, the Online Gambling market from 2018 to 2028 is primarily split into:
Poker
Casino
Sports Betting
Others
In Chapter 3 and Chapter 15.2, based on applications, the Online Gambling market from 2018 to 2028 covers:
Desktops
Mobiles
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Online Gambling market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028