Worldwide Gambling Market to grow at a CAGR of 5.7% during the period 2016-2022 to aggregate $635.00 billion by 2022
Increasing smartphone and tablet penetration, increased device capability and the confidence of users are driving the market growth.
Some of the players covered in the report are 888 Holdings, Bet-at-home.com, Betfair Entertainment, Bwin.Party, Ladbrokes Betting & Gaming, Paddy Power and Unibet. Asia Pacific is the major region growing in this market due to the emergence of major casinos in the region that are operated by the US-based companies which will divert some of the US overseas-derived business in the region.
The evolution of gambling is bringing up the unimagined revenue to the imagination in the world. The global gambling industry has been growing at a good rate in the recent years. Further, strong growth is expected for the forecast period, during 2016-2022. The government initiatives, increase in consumer spending and demand from enterprises & the consumer are driving the growth of the gambling market.
The gambling market is full of ups and downs. As it is considered as leisure for entertainment in the US and Europe, it is being considered wrong in some countries of MEA and Asia Pacific countries. Thus, gambling revenue highly depends on the tourism and religious factors. The market is expected to grow further in the developing regions of Asia due to increasing tourist destination and involvement of government to make everything as legal.
The gambling industry is expanding all around the globe due to the government efforts to increase the tax earnings and attract a number of tourists. Many countries present have legalised or considering legalising the gambling industry due to the economic benefits for the country.
Key Topics Covered:
1 Industry Outlook
1.1 Industry Overview
1.2 Industry Trends
1.3 Pest Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
4 Market Outlook
4.2 Market Trends and Impact
4.3 Market segmentation
4.4 Porter 5 (Five) Forces
5 Market Characteristics
5.2 Evolution of Gambling Games
5.3 Age of Casinos
5.4 Online Boom for Gambling
5.5 Poker Boom in the Gambling Market
5.6 Future of Gambling
5.7 Government Regulations
5.8 Market Dynamics
6 Types: Market Size and Analysis
6.2 Digital Gambling
6.3 Offline Gambling
7 Product: Market Size and Analysis
8 Regions: Market Size and Analysis
8.2 North America
8.4 Asia Pacific
8.5 Latin America
8.6 Middle East & Africa (MEA)
9 Technologies Involved in Gambling Market
9.1 Big Data in Gambling
9.2 Tracking Systems
9.3 Addiction to Gambling Due to Technology
10 Gambling Laws
10.3 Europe Regulations
10.12 South Africa
11 Vendor Profiles
11.1 Las Vegas Sands Corp.
11.2 MGM Resorts International
11.3 Paddy Power PLC
11.4 SJM Holdings Ltd.
11.5 William Hill Plc
11.6 Galaxy Entertainment Group Ltd.
11.7 Caesars Entertainment Corp.
12 Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/kbcj5b/worldwide
Research and Markets
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SOURCE Research and Markets