The United States online gambling market is anticipated to grow at a double-digit CAGR for the forecast period, 2022-2026. The high demand for recreational activities and the rise in the number of online users opting for online gaming services drive the demand for the United States online gambling market.

Online gambling is the process of betting on sporting activities or casinos over the internet. The games played on which people gamble online include poker, bingo, keno, roulette, slots, among others. Online gambling does not require the players' physical interaction, and sessions are made available through online channels. Consumers prefer online gambling because they provide convenient betting facilities and fast cashless payment options.

Onset Of COVID-19 Pandemic Spurred the Demand for Online Gambling

The COVID-19 impact had an adverse effect on the offline gambling industry on an international level. The lockdown restrictions imposed by the leading authorities led to the closure of bars, casinos, and gambling venues, for example, horse racing, breweries, lounges, hotels, bingo halls, and lottery outlets. Suspension of the various sporting events and the restriction on public gatherings further escalated the closure of the gambling market. These reasons forced the market to shift from offline gambling to online gambling activities. With the shutdown of gambling places, the market players started to promote the digital means of gambling. With the rise in the number of states imposing restrictions, the online gambling industry witnessed a substantial hike, resulting in the expansion of the offerings in the online gambling market. The high internet penetration in the country and the proliferation of smart devices are increasing the access for online gambling activities to the consumers and fueling the number of downloads for online casino games. High demand for online gambling is expected to boost the revenue stream, propelling the United States online gambling market.

Live Casinos are Witnessing Huge Demand within the Country

The live casino market is at a growing stage due to the presence of stringent regulations imposed by the leading authorities. New market players are gaining licenses to stream their live gaming services. Market players are investing huge amounts for the development of their software infrastructure and entering into the market. Mergers and acquisitions are being formed between the software service providers to boost the sales of the online gambling industry. Market players are offering excellent online customer care service by providing chatbots facility and calling to the customers to resolve their queries or doubts, which is expected to boost the growth of the United States online gambling market.

Implementation of Advanced Technologies Boosts the Market Growth

The use of machine learning, artificial intelligence, virtual reality, blockchain technology, chatbots to enhance the online gambling experience of the players is expected to create lucrative opportunities for market growth. Market players organize attractive tournaments and provide lucrative offers for beginners to increase the number of new players. The availability of a large number of betting opportunities and the bonus programs promising huge money gain is expected to accelerate the growth of the United States online gaming market. The introduction of new games on the online gambling platforms and the growing popularity of online gambling are further expected to accelerate the United States online gambling market's growth.


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Market Segmentation

The United States online gambling market is segmented on the basis of gambling type, device, regional distribution, and company. Based on gambling type, the market is divided into sports betting, casino, bingo, and others. Based on devices, the market is divided into desktop, mobile, and others. To analyze the market based on the region, the United States online gambling market is studied in major regions, namely Southern region, Western region, Mid-Western region, and North-Eastern region.

Market Players

Caesars Entertainment, Inc., Flutter Entertainment plc, FanDuel Group, Inc., MGM Resorts International, Bet365 Group Ltd, DraftKings Inc., 888 US Holdings Inc., Golden Nugget, Inc., Churchill Downs Incorporated, Unibet Interactive Inc, are among the major market players in the United States that lead the market growth of the United States online gambling market.

Attribute

Details

Base Year

2020

Historic Data

2016 – 2019

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million, and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Gambling Type

·         Device

Regional Scope

South, West, Mid-West, North-East

Key Companies Profiled

Caesars Entertainment, Inc., Flutter Entertainment plc, FanDuel Group, Inc., MGM Resorts International, Bet365 Group Ltd, DraftKings Inc., 888 US Holdings Inc., Golden Nugget, Inc., Churchill Downs Incorporated, Unibet Interactive Inc

Customization Scope

10% free report customization with purchase. Addition or alteration to regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, United States online gambling market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • United States Online Gambling Market, By Gambling Type:
    • Sports Betting
    • Casino
    • Bingo
    • Others
  • United States Online Gambling Market, By Device:
    • Desktop
    • Mobile
    • Others
  • United States Online Gambling Market, By Region:
    • South
    • West
    • Mid-West
    • North-East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States Online Gambling market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a 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).

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on United States Online Gambling Market

4.    Executive Summary

5.    Voice of Customer

6.    United States Online Gambling Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Gambling Type (Sports Betting, Casino, Bingo, and Others)

6.2.2.     By Device (Desktop, Mobile, and Others)

6.2.3.     By Company (2020)

6.2.4.     By Region

6.3.  Product Market Map

7.    United States Sports Betting Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Device

8.    United States Casino Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Device

9.    United States Bingo Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Device

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  United States Economic Profile

14.  Competitive Landscape

14.1.              Company Outlook

14.2.              Company Profile

14.2.1.  Caesars Entertainment, Inc.

14.2.2.  Flutter Entertainment plc

14.2.3.  FanDuel Group, Inc.

14.2.4.  MGM Resorts International

14.2.5.  Bet365 Group Ltd

14.2.6.  DraftKings Inc.,

14.2.7.  888 US Holdings Inc.

14.2.8.  Golden Nugget, Inc.

14.2.9.  Churchill Downs Incorporated

14.2.10. Unibet Interactive Inc

15.  Strategic Recommendations

16. About Us & Disclaimer

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