"For the success of business at local, regional as well as international level, high quality Gambling Market research report is a definitive solution. All the market factors are described in the business report as required to define the topic and provide maximum information for better decision making. Several other factors such as import, export, gross margin, price, cost, and consumption are also analyzed under the section of production, supply, sales and market status. A large scale Gambling Market report comprises of comprehensive and thorough insights which are based on business intelligence. In this report; a thorough investment analysis is provided which forecasts imminent opportunities for the market players.
To achieve noteworthy business growth and maximum return on investment (ROI), adopting finest market research report like Gambling Market is truly beneficial. An expert team conducts systematic, object-oriented and complete market research study to present the facts associated with any subject in the field of Market via this report. Additionally, this market report incorporates historic data, current market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. In this competitive age, comprehensive knowledge about the competitive landscape, product range of the competitors, their strategies, and future prospects are very important.
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Over the last few years, there has been immense growth in participation in gambling activities. Additionally, with the transition from console to mobile, participation in gambling has surged rapidly. In recent decades, legal gambling has become a major phenomenon in various countries, including the United States. The fact that over 80% of American adults bet at least once in their lifetime puts the popularity of gambling in the country into perspective. Therefore, the market is estimated to grow rapidly over forecast period of 2022 to 2029.
- The gambling market was valued at USD 4.90 billion in 2021 and is expected to reach USD 7.51 billion by 2029, registering a CAGR of 5.5% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
Global Gambling Market Definition
Gambling includes activities such as betting, lottery, and bingo, among others, in addition to the transfer of money and resources via many hands. The major competitors in the worldwide market are improving their operations and introducing new programs in order to entice a broader audience to test what they have to offer. In addition, the players are legitimizing their business by providing clean, authentic services that cannot be questioned. Furthermore, the market is being promoted exclusively for the sake of enjoyment and entertainment, and nothing illegal is being done.
Report Scope and Market Segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2019 - 2014) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | By Type (Casino, Betting, Poker, Lottery, Online Bingo, Others), End-User (Gambling Enthusiasts, Social Exuberant, Others), Channel Type (Offline Gambling, Online Gambling, Virtual Reality (VR) Gambling) |
| Countries Covered | U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
| Market Players Covered | Kindred Group PLC (Malta), Flutter Entertainment plc (Ireland), NetEnt AB (publ). (Sweden), Betsson AB (publ)(Sweden), Ladbrokes Betting & Gaming Ltd. (UK), and 888 Holdings (UK), Lottery.hk (China), The Hong Kong Jockey Club (China), MGM Resorts International (U.S.), Crown Resorts Limited (Australia), Caesars Entertainment (U.S.), Las Vegas Sands Corporation (U.S.), Melco International Development Limited (China), Genting Berhad (Malaysia), Wynn Resorts Holdings, LLC (U.S.) and Galaxy Entertainment Group Limited (China) |
| Market Opportunities |
|
Gambling Market Dynamics
Drivers
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High Indulgence in Gambling
The population of many worldwide locations is increasing, and the millennial generation is constantly eager to do new and difficult activities. One of them is gambling. Gambling basically provides tremendous incentives in the form of power, guaranteed returns, and bonuses as a source of enjoyment and pass time, which is projected to create outstanding demand for gambling services during the forecasted period.
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Surging Legalized Gambling
Gambling has also evolved into a sophisticated and fashionable kind of entertainment in the present era of glamorous casino environments. Legalized gambling also provides financial benefits to governments in the form of tax income and profits for gambling facilities and communities. As a result, legal gambling has been increasingly popular in several countries, including the United States, in recent decades.
The increasing inclination towards gambling to escape from everyday stress and boredom will further propel the growth rate of gambling market. Additionally, the growth in female gamblers along with the rapid urbanization will also drive market value growth over forecast period. Furthermore, the availability of low-cost mobile applications, increased digitization, a variety of safe digital payment alternatives, an increase in disposable money and increased use of digital currencies and websites also boost the overall market’s growth.
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The gambling market is segmented on the basis of type, end user and channel type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Casino
- Betting
- Poker
- Lottery
- Online Bingo
- Others
On the basis of type, the gambling market has been segmented into casino, betting, poker, lottery, online bingo and others. Betting is further segmented into football, horse racing, e-sports and others. Casino is further segmented into live casino, baccarat, blackjack, poker, slots and others.
End-User
- Gambling Enthusiasts
- Social Exuberant
- Others
The gambling market has also been segmented on the basis of end-user into gambling enthusiasts, social exuberant and others.
Channel Type
- Offline Gambling
- Online Gambling
- Virtual Reality (VR) Gambling
On the basis of channel type, the gambling market is segmented into offline gambling, online gambling and virtual reality (VR) gambling.
Table of Contents for a Gambling Market Research Article:
- Introduction
- Background and Overview
- Objective of the Study
- Scope of the Gambling Market Research
- Methodology
- Data Collection
- Data Analysis
- Research Approach
- Sampling Techniques
- Research Instruments
- Executive Summary
- Key Findings
- Gambling Market Overview
- Gambling Market Trends and Insights
- Gambling Market Overview
- Gambling Market Definition
- Gambling Market Segmentation
- Gambling Market Size and Growth Rate
- Gambling Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porter's Five Forces Analysis
- Gambling Market Trends and Insights
- Emerging Technologies
- Consumer Behavior and Preferences
- Regulatory Landscape
- Competitive Analysis
- Gambling Market Segmentation
- Product Type
- Application
- Region
- End-User
- Other Relevant Segments
- Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Competitive Landscape
- Gambling Market Share Analysis
- Key Players Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-gambling-market
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