Global Gambling Market 2018

  1. Global Gambling Market Size 2018
  2. Global Gambling Market 2018 Chart
  3. Global Gambling Market 2018 Predictions

Global Gambling Market 2018-2022
About Gambling
To calculate the market size, the report considers the revenue generated from type of gambling such as lottery, betting, and casino. In addition, we have segmented the market based on the sale of gambling types using offline and online platforms, wherein devices such as mobile and desktop are considered under the online platform.
Technavio’s analysts forecast the global gambling market to grow at a CAGR of 8.45% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global gambling market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:

Global gambling market 2018 calendar

In 2018, the global Online Gambling and Betting market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025. This report focuses on the global Online Gambling and Betting status, future forecast, growth opportunity, key market and key players.

  1. Global Scope of the Report The report titled “Global Online Gambling Market with Focus on Sports Betting (2018-2022 Edition)” provides an in-depth analysis of the global online gambling market with detailed analysis of market size and growth. The analysis includes market by value, market share by product and by region.
  2. It is anticipated that the global online gambling market will expand rapidly, with a forecasted compound annual growth rate (CAGR) of 11.8% from 2018 to 2026. The forecasted positive growth is due to trends observed in the gambling market.
  • Americas
  • APAC
  • EMEA
Technavio's report, Global Gambling Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors

Global Gambling Market Size 2018

Global Gambling Market 2018Gambling
  • 888 Holdings
  • Camelot Group
  • Galaxy Entertainment Group
  • INTRALOT
  • MGM Resorts
  • New York State Lottery
  • Paddy Power Betfair
Market driver
  • Contribution towards economy
  • For a full, detailed list, view our report
Market challenge
  • High risk factors
  • For a full, detailed list, view our report
Market trend Global
  • Introduction of Bitcoin gambling
  • For a full, detailed list, view our report
Key questions answered in this report

Global Gambling Market 2018 Chart

  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Global Gambling Market 2018 Predictions

Press Release
Technavio Announces the Publication of its Research Report – Global Gambling Market 2018-2022
Technavio recognizes the following companies as the key players in the global gambling market: 888 Holdings, Camelot Group, Galaxy Entertainment Group, INTRALOT, MGM Resorts, New York State Lottery, and Paddy Power Betfair.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is introduction of Bitcoin gambling. Bitcoin is a type of cryptocurrency that allows peer-to-peer payments to take place on the Internet. With the growing popularity of bitcoins, many gambling vendors are providing gambling using bitcoins. This is due to the advantages which the cryptocurrency has over regular currency. One of the key benefits is that of cross-border transactions.”
According to the report, one driver in the market is contribution towards economy. Gambling industry plays a prominent part towards the economy. For instance, the US alone accounted for 0.91% of the US GDP in 2017. The lottery market alone has a considerable potential to create job opportunities. Also, legalizing more number of the online and offline gambling will further fetch higher jobs to the seekers. Further, the industry is amongst the most diverse sector and attracts high foreign investments.
Further, the report states that one challenge in the market is high risk factors. One of the major factors hindering the growth and expansion of the gambling market is the huge risk involved in running the business, though profit margins are high. As the profit margins are high, gambling market attracts the entry of both; legal and illegal gambling business. However, high-risk factor limits the legalization and expansion of the market in different countries and sometimes in different states of the countries.
Companies Mentioned
888 Holdings, Camelot Group, Galaxy Entertainment Group, INTRALOT, MGM Resorts, New York State Lottery, and Paddy Power Betfair.