Online Gambling Market Trends, Demand and Business Opportunities by 2026

According to IMARC Group’s latest report, titled “Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global online gambling market reached a value of US$ 66.7 Billion in 2020. Looking forward, the market is expected to exhibit strong growth during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Online gambling is a type of gambling that involves betting on casino-style games over the internet. It consists of numerous popular casino games, such as poler, roulette, blackjack, sports betting and slot machines. Online gambling is commonly initiated by placing a wager on a game with the assistance of a bookie or other gambling enterprises. The activity does not require physical interaction between the players and the bookies since the sessions are facilitated through online channels. These games can be played upon downloading necessary software on the users’ computer or via a website. It is gaining widespread prominence among the players as it offers enhanced convenience to the users while providing them with the benefits of free games, bonuses, cashless transactions, loyalty points and global access.

Request Free Report Sample: https://www.imarcgroup.com/online-gambling-market/requestsample

The global online gambling market is majorly driven by the increasing proliferation of high-speed internet connectivity, along with the rising adoption of high-end smartphones among the masses. In addition to this, the legalization and cultural approval of online gambling practices across the various countries, especially the developed economies, is creating a positive outlook for the market. Multiple key players are now integrating these gaming services with advanced technologies, such as blockchain, virtual reality (VR) and 3D animation. This is anticipated to not only offer a realistic and immersive gambling experience to the players but also assist in maintaining the transparency of the gambling activities. Apart from this, industry players are now offering the options of live dealers and theme-based games to players, which is gaining widespread popularity among users. Some of the other factors contributing to the market growth include the introduction of bitcoin gambling and the availability of cost-effective mobile gambling applications.

Online Gambling Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global online gambling market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• Galaxy Entertainment Group
• GVC Holdings Plc
• Kindred Group Plc
• Bet365 Group Ltd.
• Betsson AB
• LeoVegas AB
• 888 Holdings PLC
• Intralot
• MGM Resorts International
• Cherry Spelgladje AB
• Flutter Entertainment Plc

Key Market Segmentation:

The report has segmented the global online gambling market on the basis of game type, device and region.

Breakup by Game Type:                          

• Sports Betting
  • Football
  • Horse Racing
  • E-Sports
  • Others
• Casino
  • Live Casino
  • Baccarat
  • Blackjack
  • Poker
  • Slots
  • Others
• Others

Breakup by Device:

• Desktop
• Mobile
• Others

Breakup by Region:                         

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/online-gambling-market

Key Highlights of the Report:

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Industry Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Reports:

Europe Online Gambling Market Report: https://www.imarcgroup.com/europe-online-gambling-market

Asia Pacific Online Gambling Market Report: https://www.imarcgroup.com/asia-pacific-online-gambling-market

United States Online Gambling Market Report: https://www.imarcgroup.com/united-states-online-gambling-market

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Created on May 18th 2021 02:57. Viewed 251 times.

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