The global online gambling industry is estimated to register lucrative growth over the forecast period 2019-2025. Factors that augment the business growth of the market include high internet penetration coupled with the increasing use of mobile phones. Moreover, ease of access to online gambling, legalization & cultural approval, corporate sponsorships, and celebrity endorsements are further fueling the growth of the market. Apart from this, the growing availability of cost-effective online gambling mobile applications across the globe is also driving the market growth. The recent COVID-10 outbreak, which prompted several governments to prohibit social gatherings and announce full lockdown, has impacted a segmental performance of the industry.
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Additionally, the market is characterized by the presence of several market players operating in the global online gambling industry. Some of the key market players of the industry include William Hill PLC, Bet365 Group Ltd., Paddy Power Betfair PLC, Betsson AB, Ladbrokes Coral Group PLC, The Stars Group Inc., 888 Holdings PLC, Cherry AB, and others. The industry is fragmented in nature, and players operating in the industry face tough competition with each other. Therefore, in order to stay competitive, these players adopt various strategies including mergers and acquisitions, product launches, geographical expansion, and others.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
- Type
- Sports Betting
- Casinos
- Poker
- Bingo
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Companies Studied
- 888 Holdings PLC
- Bet365 Group Ltd.
- Betsson AB
- Cherry AB
- GVC Holdings PLC
- Kindred Group PLC
- Ladbrokes Coral Group PLC
- Flutter Entertainment PLC
- The Stars Group Inc.
- William Hill PLC
The Report Covers
- Comprehensive research methodology of the global Online Gambling industry.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global Online Gambling Industry.
- Insights about market determinants that are stimulating the global Online Gambling industry.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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