Global Online Gambling Market

Your Catalyst To a Lucrative Business
Online Gambling Market Size, Share, Analysis, Growth, Trends
and Forecast to 2024 | Hexa Research
“The global online gambling market size was valued
at USD 27.56 billion in 2014 and is expected to grow
at 9.8% CAGR over the forecast period.”
19 November 2018 The global Online Gambling Market size is anticipated to reach USD 73.45 billion by 2024 owing to rising prevalence
gambling across the globe. Technological advancements and addition of new regulations are expected to boost market
demand over the forecast period. Furthermore, growing adoption of smartphones and tablets and easy access to online
platforms are anticipated to drive the market.
Companies are focusing on developing mobile applications with secure money transfer facilities so that punters can
easily place their bets online in real time. For instance, companies such as Bet365 Group Ltd., Paddy Power Betfair plc.,
and Betsson AB have mobile applications on different platforms such as iOS and Android. Moreover, a number of
countries are legalizing gambling with each passing year. For instance, in December 2016, the parliament of Japan
passed a law to legalize casinos after holding it for 15 years.
In 2016, the sports betting segment led the market and accounted for more than 40% of the revenue. It comprises
various sports tournaments such as cricket, basketball, tennis, and other games. For instance, the sports betting
segment turnover for Bet365 Group Ltd. went up by USD 2.3 million in 2016 owing to increasing football tournaments
and cricket leagues. Increasing number of people betting on such events and easy accessibility to online gambling
websites and applications are anticipated to present considerable growth opportunities for the market.
Browse Details of Report @ https://www.hexaresearch.com/research-report/online-gambling-market
Follow Us:
Your Catalyst To a Lucrative Business
The online gambling and betting industry is anticipated to grow at a faster pace due to favorable regulatory
environment. Moreover, rising disposable income of consumers and adoption of Internet-based devices are increasing
revenues of the online gambling market worldwide. However, certain regions are likely to record sluggish growth due to
strict government regulations, thus affecting overall revenue generation.
Europe dominated the market in 2016, valuing USD 16.42 billion in the market. This is due to the fact that online
gambling is legal in a large number of countries such as France, Germany, and Italy. Countries such as U.K. and Germany
have well-developed technology and infrastructure. Moreover, they have witnessed increased usage of smartphones
and tablets for playing online gambling games on applications provided by companies such as Betsson AB and Bet365
Group Ltd.
The global online gambling industry is highly fragmented in nature and is marked by presence of several players
operating across the world. Companies are focused on expanding their presence in the market through various strategic
alliances such as diversification in online services.
For instance, in August 2015, Paddy Power announced a merger with Betfair for Euro 5 billion in order to increase its
penetration in the online market and overcome regulatory hurdles. Key companies in the online gambling market
include William Hill plc.; Bet365 Group Ltd.; Paddy Power Betfair plc.; Betsson AB; Ladbrokes Coral Group plc.; Amaya
Inc.; 888 Holdings plc.; Sky Betting & Gaming; Kindred Group; and GVC Holdings plc.
Hexa Research has segmented the online gambling market report based on type and region:Segmentation by Type
• Sports Betting
• Casinos
• Poker
• Bingo
• Others
Segmentation by Region
• North America
• U.S.
• Europe
• U.K.
• Asia Pacific
• Australia
• Central & South America
• Africa
Key Players Analyzed:
• William Hill plc.
• Bet365 Group Ltd.
• Paddy Power Betfair plc.
• Betsson AB
Follow Us:
Your Catalyst To a Lucrative Business
• Ladbrokes Coral Group plc.
• Amaya Inc.
• 888 Holdings plc.
• Sky Betting & Gaming
• Kindred Group
• GVC Holdings plc.
Browse Related Category Market Reports@ https://www.hexaresearch.com/research-category/consumergoods-industry
Follow Us:
Your Catalyst To a Lucrative Business
Table of Content of Online Gambling Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. Online gambling Market Trends: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market Restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
Chapter 3. Online gambling Market Trends, By Type
3.1. Global online gambling market movement, by type, 2016 & 2024
3.1.1. Sports betting
3.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.2. Casinos
3.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.3. Poker
3.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.4. Bingo
3.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
3.1.5. Others
3.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
Chapter 4. Online gambling Market Trends, By Region
4.1. Global online gambling market movement, by region, 2016 & 2024
4.1.1. North America
4.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.1.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion)
4.1.2. Europe
4.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.2.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion)
4.1.3. Asia Pacific
Follow Us:
Your Catalyst To a Lucrative Business
4.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.3.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion)
4.1.4. Central & South America
4.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.4.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion)
4.1.5. Africa
4.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
4.1.5.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion)
Chapter 5. Key Country Markets
5.1. U.S.
5.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
5.1.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion)
5.2. U.K.
5.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
5.2.2. Market estimates and forecast, by type 2014 - 2024 (USD Billion)
5.3. Australia
5.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion)
5.3.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion)
Chapter 6. Competitive Landscape
6.1. Competitive landscape analysis, 2016
6.2. Strategic Framework
6.3. Potential customer base concentration
6.4. Company market positioning
6.5. Company profiles
6.5.1. William Hill plc.
6.5.1.1. Company Overview
6.5.1.2. Product Benchmarking
6.5.1.3. Financial Performance
6.5.1.4. Recent Initiatives
6.5.2. Bet365 Group Ltd.
6.5.2.1. Company Overview
6.5.2.2. Product Benchmarking
6.5.2.3. Financial Performance
6.5.2.4. Recent Initiatives
Follow Us:
Your Catalyst To a Lucrative Business
6.5.3. Paddy Power Betfair plc.
6.5.3.1. Company Overview
6.5.3.2. Product Benchmarking
6.5.3.3. Financial Performance
6.5.3.4. Recent Initiatives
6.5.4. Betsson AB
6.5.4.1. Company Overview
6.5.4.2. Product Benchmarking
6.5.4.3. Financial Performance
6.5.4.4. Recent Initiatives
6.5.5. Ladbrokes Coral Group plc.
6.5.5.1. Company Overview
6.5.5.2. Product Benchmarking
6.5.5.3. Financial Performance
6.5.5.4. Recent Initiatives
6.5.6. Amaya Inc.
6.5.6.1. Company Overview
6.5.6.2. Product Benchmarking
6.5.6.3. Financial Performance
6.5.6.4. Recent Initiatives
6.5.7. 888 holdings plc.
6.5.7.1. Company Overview
6.5.7.2. Product Benchmarking
6.5.7.3. Financial Performance
6.5.7.4. Recent Initiatives
6.5.8. Sky betting & gaming
6.5.8.1. Company Overview
6.5.8.2. Product Benchmarking
6.5.8.3. Financial Performance
6.5.8.4. Recent Initiatives
6.5.9. Kindred Group
6.5.9.1. Company Overview
6.5.9.2. Product Benchmarking
6.5.9.3. Financial Performance
6.5.9.4. Recent Initiatives
6.5.10. GVC Holdings plc.
Follow Us:
Your Catalyst To a Lucrative Business
6.5.10.1. Company Overview
6.5.10.2. Product Benchmarking
6.5.10.3. Financial Performance
6.5.10.4. Recent Initiatives
6.5.11. List of other vendors
Chapter 7. Methodology and Scope
7.1. Research methodology
7.2. Research Scope & Assumptions
7.3. List of data sources
Follow Us:
Your Catalyst To a Lucrative Business
About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research
and consulting services to a host of key industries across the globe. We offer comprehensive business
intelligence in the form of industry reports which help our clients obtain clarity about their business
environment and enable them to undertake strategic growth initiatives.
Contact Us:
Ryan Shaw
Hexa Research
Felton Office Plaza
6265 Highway 9
Felton, California 95018
United States
Phone: +1-800-489-3075
Email: sales@hexaresearch.com
Website - https://www.hexaresearch.com
Follow Us:

The global online gambling market size is anticipated to reach USD 73.45 billion by 2024

Download Report