Online Sports Betting Industry
Online Gambling & Betting Market 2020-2026
International sports betting is estimated to have a market capitalization of $250 billion. According to Statista, a highly-reputable data firm, licensed online sportsbooks (like the ones we review) account for. Find industry analysis, statistics, trends, data and forecasts on Global Casinos & Online Gambling from IBISWorld. Get up to speed on any industry with comprehensive intelligence that is easy to read.
New Study Reports “Online Gambling & Betting Market 2020 Global Market Opportunities, Challenges, Strategies and Forecasts 2026” has been Added on WiseGuyReports.
Report Summary:-
The Global Online Gambling & Betting MarketReport 2020-2026 (Forecast Period) Offers An In-Depth Study Of Market Growth Factors, Future Evaluation, Country-Level Analysis, Online Gambling & Betting Market Distribution, And Competitive Landscape Study Of Significant Industry Players. Every Segment Of The Global Online Gambling & Betting Market Is Extensively Assessed In The Research Report. The Segment Analysis Offers Critical Opportunities Available In The Global Online Gambling & Betting Market Through Leading Segments. The Regional Study Of The Global Online Gambling & Betting Market Helps Readers To Attain A Thorough Understanding Of The Developments Of The Different Geographic Markets In Recent Years And Also Going Forth. In Addition, The Report Provides A Comprehensive Overview Of The Vital Dynamics Of The Global Online Gambling & Betting Market, Including Market Influence And Market Effect Factors, Drivers, Threats, Constraints, Trends, And Prospects. The Research Study Also Contains Other Forms Of Analysis, Such As Qualitative And Quantitative.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.
In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Online Gambling & Betting industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.
Key players in the global Online Gambling & Betting market covered in Chapter 4:
Paddy Power Betfair PLC
Everest Poker
Kindred Group
Zynga
Stars Group
William Hill PLC
Amaya Inc
Kindred PLC
GVC Holdings PLC
Aristocrat
Ladbrokes Coral Group PLC
888 Holdings PLC
GSN games
IGT
Playtika
Fortuna Entertainment Group
NetEnt AB
Full Tilt Poker
Playtech PLC
Party Poker
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Market Dynamics:-
The report also examines the several volume trends, the pricing history, and the market value in addition to understanding the key dynamics of the Online Gambling & Betting market. Several future growth drivers, challenges, and opportunities are also analyzed to obtain a better view of the industry.
In Chapter 11 and 13.3, on the basis of types, the Online Gambling & Betting market from 2015 to 2026 is primarily split into:
Poker
Casino
Social Gaming
Lottery
Bingo
Sports Betting
Fantasy Sports
In Chapter 12 and 13.4, on the basis of applications, the Online Gambling & Betting market from 2015 to 2026 covers:
Desktop
Mobile
Tab
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others
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Major Key Points from Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Regulatory Scenario by Region/Country
1.4 Market Investment Scenario Strategic
1.5 Market Analysis by Type
1.5.1 Global Online Gambling & Betting Market Share by Type (2020-2026)
1.5.2 Poker
1.5.3 Casino
1.5.4 Social Gaming
1.5.5 Lottery
1.5.6 Bingo
1.5.7 Sports Betting
1.5.8 Fantasy Sports
……
4 Players Profiles
4.1 Paddy Power Betfair PLC
4.1.1 Paddy Power Betfair PLC Basic Information
4.1.2 Online Gambling & Betting Product Profiles, Application and Specification
4.1.3 Paddy Power Betfair PLC Online Gambling & Betting Market Performance (2015-2020)
4.1.4 Paddy Power Betfair PLC Business Overview
4.2 Everest Poker
4.2.1 Everest Poker Basic Information
4.2.2 Online Gambling & Betting Product Profiles, Application and Specification
4.2.3 Everest Poker Online Gambling & Betting Market Performance (2015-2020)
4.2.4 Everest Poker Business Overview
4.3 Kindred Group
4.3.1 Kindred Group Basic Information
4.3.2 Online Gambling & Betting Product Profiles, Application and Specification
4.3.3 Kindred Group Online Gambling & Betting Market Performance (2015-2020)
4.3.4 Kindred Group Business Overview
4.4 Zynga
4.4.1 Zynga Basic Information
4.4.2 Online Gambling & Betting Product Profiles, Application and Specification
4.4.3 Zynga Online Gambling & Betting Market Performance (2015-2020)
4.4.4 Zynga Business Overview
4.5 Stars Group
4.5.1 Stars Group Basic Information
4.5.2 Online Gambling & Betting Product Profiles, Application and Specification
4.5.3 Stars Group Online Gambling & Betting Market Performance (2015-2020)
4.5.4 Stars Group Business Overview
4.6 William Hill PLC
4.6.1 William Hill PLC Basic Information
4.6.2 Online Gambling & Betting Product Profiles, Application and Specification
4.6.3 William Hill PLC Online Gambling & Betting Market Performance (2015-2020)
4.6.4 William Hill PLC Business Overview
4.7 Amaya Inc
4.7.1 Amaya Inc Basic Information
4.7.2 Online Gambling & Betting Product Profiles, Application and Specification
4.7.3 Amaya Inc Online Gambling & Betting Market Performance (2015-2020)
4.7.4 Amaya Inc Business Overview
4.8 Kindred PLC
4.8.1 Kindred PLC Basic Information
4.8.2 Online Gambling & Betting Product Profiles, Application and Specification
4.8.3 Kindred PLC Online Gambling & Betting Market Performance (2015-2020)
4.8.4 Kindred PLC Business Overview
4.9 GVC Holdings PLC
4.9.1 GVC Holdings PLC Basic Information
4.9.2 Online Gambling & Betting Product Profiles, Application and Specification
4.9.3 GVC Holdings PLC Online Gambling & Betting Market Performance (2015-2020)
4.9.4 GVC Holdings PLC Business Overview
4.10 Aristocrat
Continued…..
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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Online Sports Betting Industry News
To view the original version on ABNewswire visit: Global Online Gambling & Betting Industry Analysis 2020 Market Growth, Trends, Opportunities Forecast To 2026
View Comments and Join the Discussion!Online Sports Betting Industry
Dublin, Aug. 31, 2020 (GLOBE NEWSWIRE) -- The 'Sports Betting Market - Forecasts from 2020 to 2025' report has been added to ResearchAndMarkets.com's offering.
The sports betting market was valued at US$85.047 billion in 2019.
The sports betting market is projected to witness considerable growth primarily on account of the inclination of the governments of numerous countries towards the legalization of sports betting. Furthermore, the rising penetration of various legal online platforms in some countries is also further supplementing the sports betting market growth in the near future.
The market is also poised to grow on account of the rising popularity of international sports events around the globe coupled with the increasing popularity of high-end sports such as cricket, soccer, baseball has gained a lot of traction in the past years, which has led to a decent increase in the sponsorships for clubs, teams, players.
Additionally, the rising investments by numerous sports organizations in marketing and promotional activities have led to increased investments by major betting companies in providing sponsorships for sports teams around the globe. Thus, the rising commercialization of sports events is considered to be a key factor that is expected to positively impact the market growth during the next five years.
The rising consumer expectations have led to the constant participation of key players of the market in the form of partnerships, collaborations, agreements, and R&D for the launch of various platforms to cater to the rising consumer expectations. For instance, recently in June 2020, Sportech PLC a leading market player in the gaming technology industry of the world announced its strategic partnership with a French gaming operator ZeTurf, the aim of this partnership was to deliver attractive and alternative options for betting on French racing.
Similarly, in May 2020, the company announced a successful launch of Tote Betting services in Moscow for client Pari Engineering Rus. Furthermore, the growing partnerships between high end-resorts and casinos with leading market players for availing their services also shows the potential for the market to grow in the near future.
For example, in February 2020, William Hill, a leading sports betting company entered into a long-term partnership agreement with the Grand Traverse Band of Ottawa and Chippewa Indians (GTB), a federally recognized Indian tribe for exclusively providing online sports betting and online casino gaming throughout Michigan. Also, during the same month, the company also entered into a partnership with CBS Sports with an aim to increase the reach to millions of new sports fans and fantasy players by extending its leadership in sports betting content.
Moreover, in February 2019, Churchill Downs Incorporated entered into a partnership agreement with Golden Nugget Casino for the launch of its BetaAmerica online real-money sports betting and online casino platform in New Jersey.
However, the sports betting market may be restrained by the fact that still sports betting is considered to be an illegal activity in some parts of the world. Also, the recent outbreak of the novel coronavirus is expected to be a major factor inhibiting the market growth during the short run as the intense outbreak has led to enforcement of directives by the WHO such as social distancing and quarantine measure in almost every country of the world.
This has led to the temporary suspension or cancellation of all the major sports events at international, regional, and national levels that include, football, hockey, marathons, cricket, basketball, and more. This is considered to be one of the prime factors that is projected to hamper the market growth for the next ten to eleven months.
Growing legalization is offering lucrative opportunities
One of the major factors that is propelling the market growth opportunities is the rising government initiatives for the legalization of sports betting with an aim for the generation of revenue. For instance, in 2018 sports betting for the first time was legalized in New Jersey. Furthermore, the inclination of governments of various developing countries such as India and Brazil among others to tap the potential of revenue that the sports betting industry holds is considered to be a prime opportunity for the market to grow in the near future. For example, in 2018, the Law Commission of India stated in its report the recommendations for legalizing sports betting in the country.
The global sports betting market has been segmented on the basis of platform, sport, and geography. By platform the segmentation of the market has been done on the basis of online and offline. By sport the market has been classified into cricket, FIFA, horse racing, and others. Geographically, the segmentation of the sports betting market has been done into North America, South America, Europe, Middle East and Africa, and Asia Pacific.
Online segment to witness a decent growth
By platform, the online segment is projected to witness a healthy growth during the next five years. The rapid internet and smartphone penetration coupled with the launch of new online betting platforms are some of the key factors bolstering the growth of this segment throughout the forecast period.
Europe to hold a notable share
Geographically, the European region is anticipated to hold a substantial share in the market throughout the forecast period primarily on account of the legalization of betting in several European countries. Also, investments by players in countries of this region for expansion of services further supplement the market growth in Europe during the next five years.
Competitive Insights
Prominent key market players in the Sports Betting market the 888 Group, Kindered Group plc, Wiliam Hill PLC, and Churchill Downs Incorporated among others. These companies hold a noteworthy share in the market on account of their good brand image and product offerings. Major players in the Sports Betting market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.
Key Topics Covered
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Sports Betting Market Analysis, By Platform
5.1. Introduction
5.2. Online
5.3. Offline
6. Sports Betting Market Analysis, By Sport
6.1. Introduction
6.2. Cricket
6.3. FIFA
6.4. Horse Racing
6.5. Others
7. Sports Betting Market Analysis, By Geography
7.1. Introduction
7.2. North America
7.3. South America
7.4. Europe
7.5. Middle East & Africa
7.6. Asia-Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. the 888 Group
9.2. Kindred Group plc
9.3. William Hill plc
9.4. Churchill Downs Incorporated
9.5. Sportech plc
9.6. The Stars Group Inc.
9.7. Webis Holdings plc
9.8. Flutter Entertainment plc
For more information about this report visit https://www.researchandmarkets.com/r/lkiuog
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