Market Overview:
The global gambling and betting market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for online gambling and betting platforms, rising disposable income of consumers, and technological advancements in the gaming industry. In terms of type, the casino segment is expected to hold the largest share in the global gambling and betting market during 2018-2030. This can be attributed to increasing popularity of casinos among consumers across regions.
Product Definition:
Gambling is the wagering of money or something of value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning money or material goods. Betting is the action of making a bet.
Casino:
Casino is a game played with cards, dice, board or machines. The object of the game is to win money. Gambling and betting are two main aspects of this industry where people stake their money on the outcome of a certain event. Casinos can be classified into three types: land-based casinos; online casinos; and bingo halls/casinos atm (automatic teller machine).
Sports Betting:
Sports betting and wagering are two different things. Wagering is the action of predicting or forecasting an event, while sports betting involves placing a financial stake on the outcome of a sporting event. Sports Betting does not require any skill as all that is needed is to predict/forecast an event. However, there are some factors which can help in determining the outcome of a game such as statistics and other inputs based on facts & data.
Application Insights:
The global gambling and betting market is segmented by application into online and offline. The online segment dominated the overall industry in 2016, accounting for over 70% of the total revenue. This can be attributed to a wide range of payment options, easy access to games through mobile devices or computers as well as advanced gaming software platforms that offer more opportunities for players to win money.
Offline segments are expected to witness significant growth in the coming years owing to rising government initiatives against gambling problems within their borders. For instance, in 2017 alone there were over 1,000 new laws criminalizing casino games across U.S., which was a major contributor towards increasing illegal activities at offshore locations such as foreign countries or territories where these laws do not apply (thus making it legal).
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue share in 2019. The region is expected to continue its dominance over the forecast period. This can be attributed to rising disposable income, growing population, and increasing penetration of online gambling and betting platforms in countries such as China, Japan, South Korea, Australia among others. Furthermore Asia Pacific has been hosting several sporting events including Cricket World Cup (2019), Hockey World League Final (2018), ASEAN Basketball Championship (2019) among others which are anticipated to boost regional growth over the forecast period.
North America accounted for a significant share of global revenue due to legalization & modernization of gambling industry coupled with rise in per capita income especially through online channels along with growing popularity for casino games across U.S.
Growth Factors:
- Increasing disposable income and leisure time of consumers
- Availability of new payment methods such as mobile payments and cryptocurrencies that make gambling more convenient for consumers
- Proliferation of online gambling platforms that offer a wider variety of betting options to consumers
- Liberalization of gambling laws in various jurisdictions around the world, which has led to an increase in the number of legalized gambling operators and products available to consumers
- Growing interest in eSports betting, which offers opportunities for new players to enter the market and bet on competitive video gaming matches
Scope Of The Report
Report Attributes
Report Details
Report Title
and Gambling & Betting Market Research Report
By Type
Casino, Sports Betting, Poker, Bingo, Lottery, Others
By Application
Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027, Online, Offline
By Companies
Las Vegas Sands, MGM Resorts, Caesars Entertainment, Galaxy Entertainment, Wynn Resorts, Melco Resorts & Entertainment, Penn National Gaming, SJM Holdings, Boyd Gaming, Genting Group, Crown Resorts, GVC Holding, bet365, Flutter Entertainment, William Hill, Kindred Group, Holdings, Betsson AB, Entain plc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global and Gambling & Betting Market Report Segments:
The global and Gambling & Betting market is segmented on the basis of:
Types
Casino, Sports Betting, Poker, Bingo, Lottery, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027, Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Las Vegas Sands
- MGM Resorts
- Caesars Entertainment
- Galaxy Entertainment
- Wynn Resorts
- Melco Resorts & Entertainment
- Penn National Gaming
- SJM Holdings
- Boyd Gaming
- Genting Group
- Crown Resorts
- GVC Holding
- bet365
- Flutter Entertainment
- William Hill
- Kindred Group
- Holdings
- Betsson AB
- Entain plc
Highlights of The and Gambling & Betting Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Casino
- Sports Betting
- Poker
- Bingo
- Lottery
- Others
- By Application:
- Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the and Gambling & Betting Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Gambling and betting are activities that involve the use of money to try and win something. Gambling can be done with real money, or with tokens, chips, or other objects that have monetary value. Betting is when someone stakes something valuable (usually money) on the outcome of an event.
Some of the major companies in the and gambling & betting market are Las Vegas Sands, MGM Resorts, Caesars Entertainment, Galaxy Entertainment, Wynn Resorts, Melco Resorts & Entertainment, Penn National Gaming, SJM Holdings, Boyd Gaming, Genting Group, Crown Resorts, GVC Holding, bet365, Flutter Entertainment, William Hill, Kindred Group, Holdings, Betsson AB, Entain plc.
The and gambling & betting market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 and Gambling & Betting Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 and Gambling & Betting Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 and Gambling & Betting Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the and Gambling & Betting Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global and Gambling & Betting Market Size & Forecast, 2020-2028
4.5.1 and Gambling & Betting Market Size and Y-o-Y Growth
4.5.2 and Gambling & Betting Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Casino
5.2.2 Sports Betting
5.2.3 Poker
5.2.4 Bingo
5.2.5 Lottery
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027
6.2.2 Online
6.2.3 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global and Gambling & Betting Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 and Gambling & Betting Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Casino
9.6.2 Sports Betting
9.6.3 Poker
9.6.4 Bingo
9.6.5 Lottery
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027
9.10.2 Online
9.10.3 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Casino
10.6.2 Sports Betting
10.6.3 Poker
10.6.4 Bingo
10.6.5 Lottery
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027
10.10.2 Online
10.10.3 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Casino
11.6.2 Sports Betting
11.6.3 Poker
11.6.4 Bingo
11.6.5 Lottery
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027
11.10.2 Online
11.10.3 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Casino
12.6.2 Sports Betting
12.6.3 Poker
12.6.4 Bingo
12.6.5 Lottery
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027
12.10.2 Online
12.10.3 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Casino
13.6.2 Sports Betting
13.6.3 Poker
13.6.4 Bingo
13.6.5 Lottery
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Global Gambling & Betting Market Share by Platform: 2016 VS 2021 VS 2027
13.10.2 Online
13.10.3 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 and Gambling & Betting Market: Competitive Dashboard
14.2 Global and Gambling & Betting Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Las Vegas Sands
14.3.2 MGM Resorts
14.3.3 Caesars Entertainment
14.3.4 Galaxy Entertainment
14.3.5 Wynn Resorts
14.3.6 Melco Resorts & Entertainment
14.3.7 Penn National Gaming
14.3.8 SJM Holdings
14.3.9 Boyd Gaming
14.3.10 Genting Group
14.3.11 Crown Resorts
14.3.12 GVC Holding
14.3.13 bet365
14.3.14 Flutter Entertainment
14.3.15 William Hill
14.3.16 Kindred Group
14.3.17 Holdings
14.3.18 Betsson AB
14.3.19 Entain plc
