Global Gambling & Betting Market Size, Status and Forecast 2021-2027

SKU ID : QYR- 19102317

Publishing Date : 07-Sep-2021

No. of pages : 123

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  • In general, Gambling is betting on the outcome of a game or an event that may have an uncertain result. Usually, it comprises putting a specific amount of money on stake, in the hope of gaining more. Therefore, it is safe to say that Gambling is an activity that depends on the player’s lucky stars as well as their choice of outlet. There are many non Gamstop casinos that assist the players during the experience, highlighting that it has nothing to do with that person’s experience, skills and competences.
    Today, some of the most popular gambling activities are video slots, progressive slots, online casino games and table games that include Craps, Video Poker, Roulette, Baccarat, and Blackjack. In some countries across the world, the governments tend to control or regulate the act of gambling since it is addictive in nature and has led many people to lose a large amount of money in the hope of making it big fortune through gambling.
    Betting, on the other hand, is considered to be a form of gambling. More precisely, betting is all about predicting the outcome of a future event and placing a wage on that outcome. Officially, Betting is identified as an organised commercial activity between two parties – there is one that predicts an outcome and places a bet and the other who either forfeits the bet or pays the agreed money to the player.
    In other words, betting companies such as casinos invite their members to place bets and cash out the winnings according to the bets that are waged by players. Some of the most popular ways on Betting nowadays include casino games, sports, horse racing, or just any important events taking place anywhere in the world.
    The statistical scope of this report covers the legally regulated Gambling & Betting market, which does not include illegal.
    Global key players of Gambling & Betting include Flutter Entertainment, bet365, Entain, Penn National Gaming, MGM Resorts, Caesars Entertainment and Las Vegas Sands, etc. Top seven players occupy for a share about 17%. Europe is the largest market, with a share about 35%, followed by North America and Asia-Pacific. In terms of product, Casino is the largest segment, with a share over 71%. In terms of Platform, Offline is the largest market, with a share over 54%.

    Market Analysis and Insights: Global Gambling & Betting Market
    The global Gambling & Betting market size is projected to reach US$ 335610 million by 2027, from US$ 155290 million in 2020, at a CAGR of 4.7% during 2021-2027.
    With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Gambling & Betting market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Gambling & Betting market in terms of revenue.
    On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Gambling & Betting market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Gambling & Betting market.

    Global Gambling & Betting Scope and Market Size
    Gambling & Betting market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Gambling & Betting market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Platform in terms of revenue and forecast for the period 2016-2027.

    Segment by Type
    Casino
    Sports Betting
    Poker
    Bingo
    Lottery
    Others

    Segment by Platform
    Online
    Offline

    By Region
    North America
    United States
    Canada
    Europe
    Germany
    France
    U.K.
    Italy
    Russia
    Nordic
    Rest of Europe
    Asia-Pacific
    China
    Japan
    South Korea
    Southeast Asia
    India
    Australia
    Rest of Asia
    Latin America
    Mexico
    Brazil
    Rest of Latin America
    Middle East & Africa
    Turkey
    Saudi Arabia
    UAE
    Rest of MEA

    By Company
    Las Vegas Sands
    MGM Resorts
    Caesars Entertainment
    Galaxy Entertainment
    Wynn Resorts
    Melco Resorts & Entertainment
    Penn National Gaming
    SJM Holdings
    Boyd Gaming
    Genting Group
    Crown Resorts
    GVC Holding
    bet365
    Flutter Entertainment
    William Hill
    Kindred Group
    888 Holdings
    Betsson AB
    Entain plc

    Frequently Asked Questions



    This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

    • By product type
    • By End User/Applications
    • By Technology
    • By Region

    The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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