DUBLIN, Feb. 13, 2018 /PRNewswire/ --
The "Global Gambling Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global gambling market to grow at a CAGR of 8.45% during the period 2018-2022.
Global Gambling Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
To calculate the market size, the report considers the revenue generated from type of gambling such as lottery, betting, and casino. In addition, we have segmented the market based on the sale of gambling types using offline and online platforms, wherein devices such as mobile and desktop are considered under the online platform.
According to the report, one driver in the market is contribution towards economy. Gambling industry plays a prominent part towards the economy. For instance, the US alone accounted for 0.91% of the US GDP in 2017. The lottery market alone has a considerable potential to create job opportunities. Also, legalizing more number of the online and offline gambling will further fetch higher jobs to the seekers. Further, the industry is amongst the most diverse sector and attracts high foreign investments.
One trend in the market is introduction of Bitcoin gambling. Bitcoin is a type of cryptocurrency that allows peer-to-peer payments to take place on the Internet. With the growing popularity of Bitcoin, many gambling vendors are providing gambling using bitcoins. This is due to the advantages which the cryptocurrency has over regular currency. One of the key benefits is that of cross-border transactions.
Further, the report states that one challenge in the market is high risk factors. One of the major factors hindering the growth and expansion of the gambling market is the huge risk involved in running the business, though profit margins are high. As the profit margins are high, gambling market attracts the entry of both; legal and illegal gambling business. However, high-risk factor limits the legalization and expansion of the market in different countries and sometimes in different states of the countries.
Key vendors
- 888 Holdings
- Camelot Group
- Galaxy Entertainment Group
- INTRALOT
- MGM Resorts
- New York State Lottery
- Paddy Power Betfair
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY TYPE
- Segmentation by type
- Comparison by type
- Lottery - Market size and forecast 2017-2022
- Betting - Market size and forecast 2017-2022
- Casino - Market size and forecast 2017-2022
- Market opportunity by type
PART 08: MARKET SEGMENTATION BY PLATFORM
- Segmentation by platform
- Comparison by platform
- Offline - Market size and forecast 2017-2022
- Online - Market size and forecast 2017-2022
- Market opportunity by platform
PART 09: CUSTOMER LANDSCAPE
PART 10: BUYING CRITERIA
- Buying criteria of gambling
PART 11: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Key leading countries
- Market opportunity
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
PART 15: VENDOR LANDSCAPE
PART 16: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
PART 17: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/txpdz4/global_gambling?w=5
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SOURCE Research and Markets
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