Online gambling and betting market - Latest Research Report,2014-2020

Page 1

Transparency Market Research

Single User License: Online Gambling and Betting Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020

Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.co m

USD 4315.5   

Flat 10% Discount!!

Report will be delivered with in 15-20 working days

Free Customization as per your requirement You will get Custom Report at Syndicated Report price

Request Sample

Buy Now


REPORT DESCRIPTION

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Online Gambling and Betting Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Since thousands of years, people have been betting on the outcomes of various games and events. This activity is carried at the places such as casinos, game parlors, bookmakers and currently online gambling. The online gaming market is one of the fastest growing segments of the gambling industry. The market has witness online gaming business progressively moving globally, shifting the form of the gambling industry with many consumers adapting the Internet to gamble on slots, bet on sports or play cards. The roll-out of broadband services along with the rapid expansion of smartphone and tablet is one of the factors contributing to the growth of this market. Additionally, increased consumer confidence in effective and low-cost payment mechanisms; significant investment by the online gaming industry to promote its services is also further driving the market growth. Browse Full Report with TOC: http://www.transparencymarketresearch.com/online-gambling-betting.html The online gambling and betting market is classified as sports betting, online poker, casino games including games such as slot machines, online bingo, and online lottery. Though, casinos and land-based lottery dominate the gambling landscape, online real-money betting and gambling are growing rapidly across the world. This industry has witnessed varied regulatory landscape on online gambling and betting. Most of the Western European countries have laws in place to channelize online gambling and betting. Asian and North American countries’ major online realmoney games are still awaiting progress in gambling and betting regulation. In the U.S. online gambling is legal only in three states whereas Asian countries allow gambling and betting only in casino resorts. Increasing demand of online betting and gambling is forcing governments to act to regulate. Some of the key trends in online gambling and betting industry include social and mobile gambling. Increasing number of users for mobile gambling has propelled the growth of online gambling and betting market. Social gambling, developed from the


aspiration of game developers to monetize gaming on social networks is a key trend followed by the market players. Moreover, the growing acceptance of the digital currency Bitcoin is another trend in online gambling, boosting the growth of the market. U.S. States including New Jersey, Nevada and Delaware have allowed online gambling on their territories, with more states expected to follow in near future. In November 2013, New Jersey, the largest of the three, observed legalization of online casinos and generated almost USD 1 million during the first week of operations. The valued amount is analyzed to reach USD 10 million per month in 2014, with almost millions of users getting registered. Brazilian gamblers extensively use offshore sports betting and gambling websites. This market has observed substantial growth in 2014 owing to the FIFA World Cup in Brazil. In Argentina and Mexico, online gambling is permitted only under special license. Argentina has the largest number of registered online gambling and betting websites in Latin America. With the legalization of online gambling in several U.S. states, Mexican casinos are expected to partner with them to boost the market. New measures are being enacted in Europe owing to wide spreads online gambling activities. UK has started to tax online gambling based on the consumers' place of residence, to be effective from December 2014. This was initiated to conflict the loss of taxes on betting and gambling due to its gamblers shifting to offshore websites. Asia-Pacific region is expected to witness one of the fastest growths in gambling and betting market. The growth is mainly driven by Australia that leads the world in terms of per person gambling, online sports betting. Japan has a legal online betting site with national lottery operator. In Kenya, the first regulated online gambling website was launched in 2013. The market is expected to observe industry consolidation with mergers and acquisition in near future. For instance, Amaya Gaming Group Inc. acquired Rational Group in June 2014, a company that owns the popular Full Tilt Poker and PokerStars online sites. Some of the leading companies in the market include 888 Holdings, Betfair Group, Bwin Party, Ladbrokes, Paddy Power, PokerStars, and William Hill Online among others. Read More Reports on Technology & Media Markets: http://www.transparencymarketresearch.com/technology-marketreports-8.html This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include


North America

Asia Pacific

Europe

Rest of the World

This report provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth


It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors

It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

It provides distinctive graphics and exemplified SWOT analysis of major market segments

Enquiry before Buying @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2662

About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Latest Upcoming Reports: http://www.transparencymarketresearch.com/upcoming.htm Follow on Linkedin: https://www.linkedin.com/today/post/article/20140825054232-348360467-online-gambling-and-bettingmarket-2014-2020


Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Blogs: https://marketsresearchreports.wordpress.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.