Request Sample
Request Methodology
According to Precision Business Insights (PBI), the latest report online gambling market is expected to be valued at US$ 59.3 billion in 2022 and grow at a CAGR of 11.9% over the forecast period due to increasing adoption of smartphones across the globe. According to American Gaming Association (AGA), around 2,800 sites are active online and offer games and activities such as poker, lottery, and bingo. Internet gambling is, generally a means of using the internet to place bets on casino games, sports games, etc. Bets are usually placed through credit card accounts and wins or losses are paid or collected accordingly. Online gambling, also known as Internet gambling and e-gambling, is a general term for gambling using the Internet.
Sports Betting Accounted for Higher Revenue Share in Global Online Gambling Market:
Based on game type, global online gambling market is segmented into sports betting, casino, lottery, bingo, others. Sports betting is accounted for higher revenue. Sports betting can easily be defined as one of the most widely-spread forms of gambling. In general terms, sports betting is placing a wager, commonly referred to as a bet, on the outcome of a particular sports event. Today, sports betting has achieved the status of a favorite pastime of millions of sports fans around the world. It generates mind-boggling revenues. With the advent of online bookmakers, it’s easier than ever to place a bet on your favorite sport without having to leave your home
North America leads the Online Gambling Market:
Based on regional analysis, global online gambling market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America global online gambling market contributed the largest share in 2021. Online gambling firms are expected to increase their sport betting offerings after sport betting was approved in the United States by the Supreme Court in 2018, which further encourages the expansion of the industry. The types of online gambling that are legal in the US include casino games, online poker, online lottery and online sports betting which boost the global market.
Request sample report at https://precisionbusinessinsights.com/request-sample?product_id=59166
The global online gambling market is segmented based on:
1) By Game Type: Sports Betting, Casino, Lottery, Bingo, Others.
2) Device Type: Desktop, Mobile, Others.
3) By region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Request Methodology: https://precisionbusinessinsights.com/request-methodology?product_id=59166
Key player’s profiles in the global online gambling market are:888 Holdings PLC, Betsson AB, Bet365 Group Ltd., Kindred Group PLC, GVC Holdings PLC, Paddy Power Betfair PLC, Ladbrokes Coral Group PLC, Sky Betting and Gaming, William Hill PLC, Borgata Hotel Casino & Spa, The Stars Group, Inc., and Caesars Entertainment Corporation.
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
Contact:
Mr. Satya
Precision Business InsightsTM | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 – 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747