Global Online Gambling and Betting Market, Gaming Type (Poker, Casino, Social Gaming, Lottery, Bingo, Sports Betting and Fantasy Sports) Device Type (Desktop, Mobile and Tab), By Company & By Geography, Forecast & Opportunities, 2014-2024

The global Online Gambling and Betting Market size is predicted to cross USD 75.0 billion by 2024, growing at a CAGR of over 10% during the forecast period. The market for online gambling and betting is growing due to improvements in the living conditions, the dynamic changes of lifestyle, rising awareness of the latest technologies and increasing per-capita income. Also, the cost effectiveness of mobile apps is also a major factor attracting new players to join the online gambling and betting industry. In terms of gaming type, the online gambling and betting market is categorized into poker, casino, social gaming, lottery, bingo, sports betting and fantasy sports. Among all the categories of gaming type, the sports betting category is projected to grow at a considerable pace. The growth of the sports betting category is majorly attributable to the growing popularity of the sports. In terms of device type, the global online & betting market is categorized into desktop, mobile and tab. Among all the categories of device type, the mobile segment is the most lucrative one. The growth of the mobile segment is majorly attributable to the rising adoption of smartphones all over the world. Taking into an account of the geographical landscape, the European gambling and betting market accounted for a major share of the global gambling and betting industry in 2017. The Asia-Pacific market for gambling and betting is expected to have a robust growth. The growth of the Asia-Pacific gambling and betting industry is majorly attributable to the increasing penetration of smartphones in the region, availability of fast bandwidth speed in the region and the growing trust among consumers towards online gambling and betting. Some of the players in the online gambling and betting industry are The Betway Group, Betfred, Bet365 Group Ltd, GVC Holdings PLC, Fortuna Entertainment Group, Paddy Power Betfair and others.

Years considered for this report:

Historical Year : 2014 - 2017

Base Year : 2018

Estimated : 2019

Forecast : 2020 - 2024

Objective of the Study:

• To analyse and forecast the market size of Online Gambling and Betting, in terms of value.
• To classify and forecast global Online Gambling and Betting based on type, deployment mode, providers, services, store type, vertical and regional distribution.
• To identify drivers and challenges for Global Online Gambling and Betting.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc. in Global Online Gambling and Betting.
• To conduct the pricing analysis for Online Gambling and Betting.
• To identify and analyse the profile of leading players involved in the of Global Online Gambling and Betting system.

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Some of the leading players in the Global Online Gambling and Betting Market are William Hill plc, Kindred Group, The Betway Group, Betfred, Bet365 Group Ltd, GVC Holdings PLC, Fortuna Entertainment Group, Paddy Power Betfair, The Stars Group Inc., 888 Holdings plc and others.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Solution Providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Service Providers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration Solution Providers across the globe.

TechSci Research calculated the market size of Global Online Gambling and Betting using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

• Online Gambling and Betting Service Providers
• Application Platform Providers
• Research organizations and consulting companies.
• Research Institutes
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Online Gambling and Betting market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Game Type
• Poker
• Casino
• Social Gaming
• Lottery
• Bingo
• Sports Betting
• Fantasy Sports
• Market, Device Type
• Desktop
• Mobile
• Tab
• Market, by Region:
• Asia Pacific
• China
• India 
• Japan
• Australia
• Singapore
• Malaysia
• Europe
• France
• Germany
• United Kingdom
• Spain
• North America
• United States
• Mexico
• Canada
• South America
• Brazil
• Argentina
• Colombia
• Rest of the World

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Online Gambling and Betting Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]