The global online gambling market grew at a CAGR of around 12% during 2014-2019. Online gambling, or virtual gambling, refers to betting on casino or sports-based activities over the internet. In comparison to in-person gambling, online gambling does not involve physical interaction of players and all the sessions are moderated by computer programs. Players can virtually play various games, such as sports betting, blackjack, poker, roulette and slot machines. They can download gambling software on their personal computers or can play through a website. Online gambling offers various benefits, such as cashless transactions, accessibility through any electronic device, customizable budget and real-time gambling experience for the players.

Online Gambling Market Grwoth Drivers:

Report Overview The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The global online gambling market grew at a CAGR of around 12% during 2014-2019. Online gambling, or virtual gambling, refers to betting on casino or sports-based activities over the internet. In comparison to in-person gambling, online gambling does not involve physical interaction of players and all the sessions are moderated by computer.

Rapid urbanization, along with the increasing penetration of the internet across the globe, is one of the key factors driving the growth of the market. Furthermore, legalization and cultural approval of online betting in various developed countries are also providing a boost to the market growth. Online sports companies are also attaining high-profile sponsorships with various football and racing clubs, which helps attract new users. In line with this, convenient access to online casinos that can be used through mobile phones is also creating a positive impact on the online gambling industry.

Various technological advancements, such as the development of virtual reality (VR) and blockchain tools, are acting as another growth-inducing factor. These technologies aid in maintaining the transparency of gambling activities and provide an immersive experience to the player. Other factors, including increasing expenditure capacities of the consumers, along with the advent of bitcoin gambling, are expected to drive the market further. Looking forward, IMARC Group expects the global online gambling market to continue its strong growth during 2020-2025.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global online gambling market, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on 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
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
  

Competitive Landscape:

The global online gambling industry is highly fragmented with the presence of several small and large players. Some of the leading players in the market are:

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

Key Questions Answered in This Report:

Online Casino Share

• How has the global online gambling market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What has been the impact of COVID-19 on the global online gambling market?
• What is the breakup of the market based on the game type?
• What is the breakup of the market based on the device?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global online gambling market and who are the key players?
• What is the degree of competition in the industry?

New York, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report 'Global Casinos Industry' - https://www.reportlinker.com/p05817578/?utm_source=GNW
With 74.6% of revenues coming from the offline brick and motor sector, the closure of entertainment centers and casinos as part of the lockdowns imposed in 1st Q 2020 impacted revenues and profitability for companies. The global market for casinos is expected to decline by 10.8% in the year 2020. The abrupt halting of economic activity has pushed businesses across all industries into financial distress. Sudden fall in revenues and profits as a result of demand disruptions has resulted in workforce pruning and layoffs. Unemployment rates have hit never-before highs with the US topping the charts with 12.5% unemployed as a % of total labor force. Social outlook against this background remains grim with households expected witness erosion in wealth. Personal financial outlook, community, economy, job security confidence, purchasing and investment confidence are all tumbling as the human and economic cost of the global pandemic rises. While brick and motor casinos stagnate, online casinos are faring better although limited by lower discretionary spending. The increase in spending is coming largely from gaming addicts and from consumer clusters spending more on online retail and entertainment during the pandemic.
Prostrate Travel and Tourism Sector & Legal Restraints to Challenge Growth Even as Casinos Reopen
Even as casinos begin to reopen as lockdowns are cautiously eased in countries worldwide, they face the challenge of falling consumer confidence and spending and the still prostrate travel and tourism sector. In Las Vegas for instance which is the gambling Mecca of the world, millions of tourists and visitors make up for the large customer base at casinos. Gaming operators from Macau to Las Vegas are all anticipating a rough restart after gaming properties are allowed to reopen. In Macau, a few gaming properties have reopened but could not see desirable outcomes. In gambling destinations such as Parisian Macao, Venetian Macao, Sands Cotai Central, Wynn Palace, City of Dreams, Galaxy Macau, MGM Cotai, Grand Lisboa, MGC Macau, Star World and Wynn Macau, customer turnover still remains low. During pre-COVID-19 times, each of those casinos attracted around 200 thousand visitors every day. This extreme drop in visitor numbers is due to stringent border restrictions being followed since the month of March. Limited options for transportation and quarantine rules make it difficult for players to visit gambling destinations. With the global economy now in recession, recovery will be delayed further. Although online casinos are well suited for safe indulgence in gambling in the midst of a pandemic situation, this sector is still fledging and is plagued with legality issues. Online casinos are illegal in most parts of the United States and in countries where online casinos are legal confusion over legal boundaries of betting and gambling is a chief restraint to growth. Underdevelopment online funds transfer platforms also adds another layer of challenge to growth. In younger markets like the U.S. and Asian countries where digital prize money disbursement platforms are still underdeveloped, the challenge is bigger and more difficult to overcome. In Europe, the region with a well-developed online and offline gambling infrastructure, casino owners are innovating in digital payments by using digital wallet services to transfer funds to customers.
Market to Make a Full Recovery& Reach US$159.3 Billion by 2027
A return to complete normalcy will begin only after barriers to access gaming destinations are completely removed. The market is projected to reach US$159.3 billion by the year 2027, trailing a CAGR of3.7%. Offline Casinos, one of the segments analyzed in the report, is projected to grow at a 3.4% CAGR to reach US$116.3 million by the end of the analysis period. Few of the factors expected to drive growth in the post pandemic period include migration from cards to crypto currency gambling; continued evolution of online casinos supported by rapid proliferation of mobile devices and growing penetration of smart phones and tablets; development of supplicated gambling apps; growing participation of women in casinos; resurgence in casino tourism; relaxation in gambling regulations and legalization of gambling in several nations given their contribution to national income and development of local tourism.
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Introduction to Casinos
Introduction to Online Casinos
A Prelude to Casinos Market
Market Overview of Online Casinos
Casinos Market in North America
CASINOS MARKET IN EUROPE
Casino Market in India
Casino Market Statistics
Key Market Players
List of Best Casinos Globally
Global Competitor Market Shares
Market Share by Key Players
Market Share by Type
Casinos Competitor Market Share Scenario Worldwide (in %):
2019 & 2028
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Trends Impacting the Casino Market
Online Casinos Market Trends
Cryptocurrency Influencing the Online Casino Market
Casinos Market Drivers
4. GLOBAL MARKET PERSPECTIVE
Table 1: Casinos Global Market Estimates and Forecasts in US$
Million by Region/Country: 2020-2027
Table 2: Casinos Global Retrospective Market Scenario in US$
Million by Region/Country: 2012-2019
Table 3: Casinos Market Share Shift across Key Geographies
Worldwide: 2012 VS 2020 VS 2027
Table 4: Gambling Machines (Type) World Market by
Region/Country in US$ Million: 2020 to 2027
Table 5: Gambling Machines (Type) Historic Market Analysis by
Region/Country in US$ Million: 2012 to 2019
Table 6: Gambling Machines (Type) Market Share Breakdown of
Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Table 7: Gaming Tables (Type) Potential Growth Markets
Worldwide in US$ Million: 2020 to 2027
Table 8: Gaming Tables (Type) Historic Market Perspective by
Region/Country in US$ Million: 2012 to 2019
Table 9: Gaming Tables (Type) Market Sales Breakdown by
Region/Country in Percentage: 2012 VS 2020 VS 2027
Table 10: Online Legal Casino Gaming Services (Type) Geographic
Market Spread Worldwide in US$ Million: 2020 to 2027
Table 11: Online Legal Casino Gaming Services (Type) Region
Wise Breakdown of Global Historic Demand in US$ Million: 2012
to 2019
Table 12: Online Legal Casino Gaming Services (Type) Market
Share Distribution in Percentage by Region/Country: 2012 VS
2020 VS 2027
Table 13: On-line (Application) Demand Potential Worldwide in
US$ Million by Region/Country: 2020-2027
Table 14: On-line (Application) Historic Sales Analysis in US$
Million by Region/Country: 2012-2019
Table 15: On-line (Application) Share Breakdown Review by
Region/Country: 2012 VS 2020 VS 2027
Table 16: Off-line (Application) Worldwide Latent Demand
Forecasts in US$ Million by Region/Country: 2020-2027
Table 17: Off-line (Application) Global Historic Analysis in
US$ Million by Region/Country: 2012-2019
Table 18: Off-line (Application) Distribution of Global Sales
by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Casinos Market Share (in %) by Company: 2019 & 2025
Market Analytics
Table 19: United States Casinos Market Estimates and
Projections in US$ Million by Type: 2020 to 2027
Table 20: Casinos Market in the United States by Type:
A Historic Review in US$ Million for 2012-2019
Table 21: United States Casinos Market Share Breakdown by Type:
2012 VS 2020 VS 2027
Table 22: United States Casinos Latent Demand Forecasts in US$
Million by Application: 2020 to 2027
Table 23: Casinos Historic Demand Patterns in the United States
by Application in US$ Million for 2012-2019
Table 24: Casinos Market Share Breakdown in the United States
by Application: 2012 VS 2020 VS 2027
CANADA
Table 25: Canadian Casinos Market Estimates and Forecasts in
US$ Million by Type: 2020 to 2027
Table 26: Canadian Casinos Historic Market Review by Type in
US$ Million: 2012-2019
Table 27: Casinos Market in Canada: Percentage Share Breakdown
of Sales by Type for 2012, 2020, and 2027
Table 28: Canadian Casinos Market Quantitative Demand Analysis
in US$ Million by Application: 2020 to 2027
Table 29: Casinos Market in Canada: Summarization of Historic
Demand Patterns in US$ Million by Application for 2012-2019
Table 30: Canadian Casinos Market Share Analysis by
Application: 2012 VS 2020 VS 2027
JAPAN
Table 31: Japanese Market for Casinos: Annual Sales Estimates
and Projections in US$ Million by Type for the Period 2020-2027
Table 32: Casinos Market in Japan: Historic Sales Analysis in
US$ Million by Type for the Period 2012-2019
Table 33: Japanese Casinos Market Share Analysis by Type: 2012
VS 2020 VS 2027
Table 34: Japanese Demand Estimates and Forecasts for Casinos
in US$ Million by Application: 2020 to 2027
Table 35: Japanese Casinos Market in US$ Million by
Application: 2012-2019
Table 36: Casinos Market Share Shift in Japan by Application:
2012 VS 2020 VS 2027
CHINA
Table 37: Chinese Casinos Market Growth Prospects in US$
Million by Type for the Period 2020-2027
Table 38: Casinos Historic Market Analysis in China in US$
Million by Type: 2012-2019
Table 39: Chinese Casinos Market by Type: Percentage Breakdown
of Sales for 2012, 2020, and 2027
Table 40: Chinese Demand for Casinos in US$ Million by
Application: 2020 to 2027
Table 41: Casinos Market Review in China in US$ Million by
Application: 2012-2019
Table 42: Chinese Casinos Market Share Breakdown by
Application: 2012 VS 2020 VS 2027
EUROPE
Market Facts & Figures
European Casinos Market: Competitor Market Share Scenario
(in %) for 2019 & 2025
Market Analytics
Table 43: European Casinos Market Demand Scenario in US$
Million by Region/Country: 2020-2027
Table 44: Casinos Market in Europe: A Historic Market
Perspective in US$ Million by Region/Country for the Period
2012-2019
Table 45: European Casinos Market Share Shift by
Region/Country: 2012 VS 2020 VS 2027
Table 46: European Casinos Market Estimates and Forecasts in
US$ Million by Type: 2020-2027
Table 47: Casinos Market in Europe in US$ Million by Type:
A Historic Review for the Period 2012-2019
Table 48: European Casinos Market Share Breakdown by Type: 2012
VS 2020 VS 2027
Table 49: European Casinos Addressable Market Opportunity in
US$ Million by Application: 2020-2027
Table 50: Casinos Market in Europe: Summarization of Historic
Demand in US$ Million by Application for the Period 2012-2019
Table 51: European Casinos Market Share Analysis by
Application: 2012 VS 2020 VS 2027
FRANCE
Table 52: Casinos Market in France by Type: Estimates and
Projections in US$ Million for the Period 2020-2027
Table 53: French Casinos Historic Market Scenario in US$
Million by Type: 2012-2019
Table 54: French Casinos Market Share Analysis by Type: 2012 VS
2020 VS 2027
Table 55: Casinos Quantitative Demand Analysis in France in US$
Million by Application: 2020-2027
Table 56: French Casinos Historic Market Review in US$ Million
by Application: 2012-2019
Table 57: French Casinos Market Share Analysis: A 17-Year
Perspective by Application for 2012, 2020, and 2027
GERMANY
Table 58: Casinos Market in Germany: Recent Past, Current and
Future Analysis in US$ Million by Type for the Period 2020-2027
Table 59: German Casinos Historic Market Analysis in US$
Million by Type: 2012-2019
Table 60: German Casinos Market Share Breakdown by Type: 2012
VS 2020 VS 2027
Table 61: Casinos Market in Germany: Annual Sales Estimates and
Forecasts in US$ Million by Application for the Period
2020-2027
Table 62: German Casinos Market in Retrospect in US$ Million by
Application: 2012-2019
Table 63: Casinos Market Share Distribution in Germany by
Application: 2012 VS 2020 VS 2027
ITALY
Table 64: Italian Casinos Market Growth Prospects in US$
Million by Type for the Period 2020-2027
Table 65: Casinos Historic Market Analysis in Italy in US$
Million by Type: 2012-2019
Table 66: Italian Casinos Market by Type: Percentage Breakdown
of Sales for 2012, 2020, and 2027
Table 67: Italian Demand for Casinos in US$ Million by
Application: 2020 to 2027
Table 68: Casinos Market Review in Italy in US$ Million by
Application: 2012-2019
Table 69: Italian Casinos Market Share Breakdown by
Application: 2012 VS 2020 VS 2027
UNITED KINGDOM
Table 70: United Kingdom Market for Casinos: Annual Sales
Estimates and Projections in US$ Million by Type for the Period
2020-2027
Table 71: Casinos Market in the United Kingdom: Historic Sales
Analysis in US$ Million by Type for the Period 2012-2019
Table 72: United Kingdom Casinos Market Share Analysis by Type:
2012 VS 2020 VS 2027
Table 73: United Kingdom Demand Estimates and Forecasts for
Casinos in US$ Million by Application: 2020 to 2027
Table 74: United Kingdom Casinos Market in US$ Million by
Application: 2012-2019
Table 75: Casinos Market Share Shift in the United Kingdom by
Application: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 76: Rest of Europe Casinos Market Estimates and Forecasts
in US$ Million by Type: 2020-2027
Table 77: Casinos Market in Rest of Europe in US$ Million by
Type: A Historic Review for the Period 2012-2019
Table 78: Rest of Europe Casinos Market Share Breakdown by
Type: 2012 VS 2020 VS 2027
Table 79: Rest of Europe Casinos Addressable Market Opportunity
in US$ Million by Application: 2020-2027
Table 80: Casinos Market in Rest of Europe: Summarization of
Historic Demand in US$ Million by Application for the Period
2012-2019
Table 81: Rest of Europe Casinos Market Share Analysis by
Application: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 82: Casinos Market in Asia-Pacific by Type: Estimates and
Projections in US$ Million for the Period 2020-2027
Table 83: Asia-Pacific Casinos Historic Market Scenario in US$
Million by Type: 2012-2019
Table 84: Asia-Pacific Casinos Market Share Analysis by Type:
2012 VS 2020 VS 2027
Table 85: Casinos Quantitative Demand Analysis in Asia-Pacific
in US$ Million by Application: 2020-2027
Table 86: Asia-Pacific Casinos Historic Market Review in US$
Million by Application: 2012-2019
Table 87: Asia-Pacific Casinos Market Share Analysis: A 17-Year
Perspective by Application for 2012, 2020, and 2027
REST OF WORLD
Table 88: Rest of World Casinos Market Estimates and Forecasts
in US$ Million by Type: 2020 to 2027
Table 89: Rest of World Casinos Historic Market Review by Type
in US$ Million: 2012-2019
Table 90: Casinos Market in Rest of World: Percentage Share
Breakdown of Sales by Type for 2012, 2020, and 2027
Table 91: Rest of World Casinos Market Quantitative Demand
Analysis in US$ Million by Application: 2020 to 2027
Table 92: Casinos Market in Rest of World: Summarization of
Historic Demand Patterns in US$ Million by Application for
2012-2019
Table 93: Rest of World Casinos Market Share Analysis by
Application: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 389
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Global Casino Market Share Options