According to IMARC Group’s recent 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, IMARC Group expects the global market has huge potential for growth during 2021-2026.
High internet connectivity, along with the rising penetration of smart devices, is driving the growth of the online gambling market. The legalization and cultural approval of online betting in several developed countries are also augmenting the demand for online gambling. Several online sports businesses are establishing high-profile sponsorships with various football and racing clubs, to attract a large consumer base. Moreover, various technological upgradations have led to the advent of virtual reality (VR) and blockchain tools. These tools help in maintaining the transparency of gambling activities to provide an engaging experience to the player. Additionally, rising consumer living standards and the inception of bitcoin gambling are further expected to drive the global online gambling market.
Request for a free sample copy of this report:https://www.imarcgroup.com/online-gambling-market/requestsample
Online gambling, or virtual gambling, is an internet-based casino or sports-based betting activity. Unlike in-person gambling, it does not involve physical interaction between players, and the sessions are moderated by computer programs. Players can play various virtual games, such as sports betting, poker, blackjack, roulette, and slot machines. The gambling software application can be downloaded on a smart device, or the game can be played through a website. Online gambling platforms offer several benefits, such as cashless transactions, accessibility through any electronic device, personalized budget, and real-time gambling experience.
Online Gambling Market 2021-2026 Competitive Analysis and Segmentation:
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:
- 888 Holdings PLC
- Kindred Group Plc
- GVC Holdings Plc
- LeoVegas AB
- MGM Resorts International
- Bet365 Group Ltd.
- Betsson AB
- Cherry Spelglädje AB
- Flutter Entertainment Plc
- Galaxy Entertainment Group
The report has segmented the global online gambling market on the basis of game type, device and region.
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Breakup by Game Type:
- Sports Betting
- Horse Racing
- Live Casino
Breakup by Device:
Explore full report with table of contents: https://www.imarcgroup.com/online-gambling-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Drivers and Success Factors
- Industry Trends
- The Impact of COVID-19 on the 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:
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.
30 N Gould St, Ste R
Sheridan, WY 82801, USA
USA: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
Follow us on twitter: @imarcglobal
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Address:30 N Gould St Ste R
Country: United States