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The world’s gambling market: facts and figures in the “Research and Mar... PowerPoint PPT Presentation


The marketing research agency “Research and Markets” provided the report on the state and trends of world gambling.

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The world s gambling market facts and figures in the research and markets report

The World’s Gambling Market:

Facts and Figures in the

“Research and Markets” report

The marketing research agency “Research and Markets”

provided the report on the state and trends of world gambling.

The report named “Global Online Gambling Market — by Type,

Device, Regions — Market Size, Demand Forecasts, Industry

Trends and Updates (2014–2020)” was published by “Research

and Markets” company.


The world s gambling market facts and figures in the research and markets report

The document description consists of some facts and figures which

allow drawing a conclusion about the gambling industry in the

world:

the market was USD 35.97 billion in 2014 and is estimated to

reach USD 66.59 billion by 2020, at the compound annual

growth rate of 10.81%;

online gambling includes activities like sports betting, bingo,

casino, lotteries, and poker. Sports betting and casinos make

the largest amount of money;

the use of mobile devices for online gambling purposes is

increasing;

online gambling has been legalized in 80 countries. The

largest market is Europe. In the Asia Pacific region, the online

gambling sector has not grown much, because there are

countries (like Singapore, China, South Korea) where the

online gambling is illegal. While in the USA, this market will

grow due to the states of America where, as is expected, online

gambling is going to be allowed: some states are going to

adopt their regulations because of perspectives of growth of

tax revenues. In Africa, there are no plans to legalize online

gambling yet;


The world s gambling market facts and figures in the research and markets report

despite the growth in the online gambling segment, the land-

based casino market is ahead of it;

in some regions, the development of online gambling industry

is constrained by strict rules regulating the market;

the use of virtual money gives a possibility to play without

leaving home, that is a powerful factor positively influencing

the development of online games.

The authors of the document state that the online gambling

market has not reached the stage of maturity yet, but it is expected

in the near future.

“Research and Markets” is the world’s largest market research

resource, which has a wide database of market research reports

incorporating all niche and top industries.


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