Dallas, Texas, June 20, 2019 (GLOBE NEWSWIRE) -- The global online gambling market size is estimated to reach up to USD 80.65 billion by 2025 mainly driven by rising internet penetration and growing adoption for smartphones and tablets amongst generation X and millennials. Moreover, online gaming platforms offers various forms of online gambling games such as online poker, sports betting, online bingo, online lottery and casino game. These games has brought huge switch from traditional to online gambling platform.
The report also throws light on various aspects of the online gambling industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the online gambling industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
- The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market.
- Brussels, 23 March 2011 - Tomorrow, 24 March, the European Commission will adopt and publish its long-awaited Green Paper on online gambling, its first-ever comprehensive policy document on an issue that has been subject to heated discussions in the EU for a decade. EL President Friedrich Stickler: 'We are delighted of the European Commission‟s change at heart to enter into a real.
With the European Commission readying its Green Paper on online gambling, the recent cricket betting saga highlighted the need for European regulation that will allow bookmakers to. NatioNal CeNter for respoNsible GamiNG White PaPer 1 The fastest growing form of gambling in the world is online gambling. According to a report issued by the American Gaming Association (AGA), nearly 3,000 Internet gambling sites offer wagering on sports, casino games, poker, bingo, lottery and other games.1 Online gambling has generated.
Green Paper On Online Gambling In The Internal Market Research
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The current consumer landscape suggests that consumers are preferring online gambling over offline mode of gambling. Hence, online gaming products are expected to offer new revenue opportunities for online gaming service providers.
In product type segment, the market for casino sub-segment is estimated to grow at the CAGR 10.2% during the forecast period. This growth is primarily driven by the increase in streaming over the internet and stability of the servers, which enable the companies to offer real time experience and comfort to the players. There has been significant demand for online casino by millennials, which is expected to further drive the market.
The 'Global Online Gambling Market Size 2017 by Type (Sports Betting, Casinos, Poker, Bingo and Others) by Device (Mobile and Desktop) by Region (North America, Europe, Asia Pacific, Central & South America and Africa) and Forecast 2018 to 2025' study provides an elaborative view of historic, present and forecasted market estimates. Access the full report @ https://www.adroitmarketresearch.com/industry-reports/online-gambling-market
In 2018, mobile the sub segment of the device segment dominated the global online gambling market. The segment accounted USD 26.99 billion and is expected to grow at a CAGR of 12.0% over the forecast period. The enhanced convenience offered by mobile phones which allows the gamblers access to their favorite gambling websites and app from anywhere anytime is expected to boost the market. In 2018, the mobile devices occupied a share of 64.40%. Advances in mobile phone technology and explosion of mobile gambling into the online gaming industry has made the entire gambling process easy and user friendly for those who choose smartphones over desktop or tablets.
Geographically, Asia Pacific is leading the global online gambling market driven by increasing population across the demographics, and newly developing markets such as India, Singapore, Thailand and Indonesia due to internet penetration. Europe and North America held the first and second largest market value shares respectively. Other developing markets in countries such as Brazil and Argentina are going to drive the market for South America which is the second fastest growing markets globally.
Williamhill, Bet365, PP+B, Betsson, Ladbrokes, Amaya, GVC Holdings, 888 holdings, Skybetting & gamimg and Unibet(Kindred Group) are the leading players present within the global online gambling market.
Direct purchase the report@https://www.adroitmarketresearch.com/researchreport/purchase/868
Major points from Table of Contents:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Online gambling Overview Market, By Type
Chapter 5. Online gambling Market Overview, By Devices
Chapter 6. Online gambling Market Overview, By Region
Chapter 7. Company Profiles
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Casino Management System Market 2018-2025: The global casino management system market is anticipated to record substantial growth over the forecast period credited to increase in need of business insights and automation, growing demand of risk management and effective security, and rising awareness over fraud-related transactions. Though, factors such as the necessity of high initial investment and rising cyber threats are anticipated to restrain the global casino management system market growth. Browse the report@ https://www.adroitmarketresearch.com/industry-reports/casino-management-system-market
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About Us:
Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Us:
Ryan Johnson
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3131 McKinney Ave Ste 600
Dallas, TX 75204
Email ID: sales@adroitmarketresearch.com
Phone No.: +1 (214) 884-6068
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With the European Commission readying its Green Paper on online gambling, the recent cricket betting saga highlighted the need for European regulation that will allow bookmakers to continue to innovate and maintain their integrity, writes Khalid Ali, secretary-general of the European Sports Security Association (ESSA), in an opinion piece sent exclusively to EURACTIV.
The report also throws light on various aspects of the online gambling industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the online gambling industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.
- The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market.
- Brussels, 23 March 2011 - Tomorrow, 24 March, the European Commission will adopt and publish its long-awaited Green Paper on online gambling, its first-ever comprehensive policy document on an issue that has been subject to heated discussions in the EU for a decade. EL President Friedrich Stickler: 'We are delighted of the European Commission‟s change at heart to enter into a real.
With the European Commission readying its Green Paper on online gambling, the recent cricket betting saga highlighted the need for European regulation that will allow bookmakers to. NatioNal CeNter for respoNsible GamiNG White PaPer 1 The fastest growing form of gambling in the world is online gambling. According to a report issued by the American Gaming Association (AGA), nearly 3,000 Internet gambling sites offer wagering on sports, casino games, poker, bingo, lottery and other games.1 Online gambling has generated.
Green Paper On Online Gambling In The Internal Market Research
Request a PDF sample @ https://www.adroitmarketresearch.com/contacts/request-sample/868
The current consumer landscape suggests that consumers are preferring online gambling over offline mode of gambling. Hence, online gaming products are expected to offer new revenue opportunities for online gaming service providers.
In product type segment, the market for casino sub-segment is estimated to grow at the CAGR 10.2% during the forecast period. This growth is primarily driven by the increase in streaming over the internet and stability of the servers, which enable the companies to offer real time experience and comfort to the players. There has been significant demand for online casino by millennials, which is expected to further drive the market.
The 'Global Online Gambling Market Size 2017 by Type (Sports Betting, Casinos, Poker, Bingo and Others) by Device (Mobile and Desktop) by Region (North America, Europe, Asia Pacific, Central & South America and Africa) and Forecast 2018 to 2025' study provides an elaborative view of historic, present and forecasted market estimates. Access the full report @ https://www.adroitmarketresearch.com/industry-reports/online-gambling-market
In 2018, mobile the sub segment of the device segment dominated the global online gambling market. The segment accounted USD 26.99 billion and is expected to grow at a CAGR of 12.0% over the forecast period. The enhanced convenience offered by mobile phones which allows the gamblers access to their favorite gambling websites and app from anywhere anytime is expected to boost the market. In 2018, the mobile devices occupied a share of 64.40%. Advances in mobile phone technology and explosion of mobile gambling into the online gaming industry has made the entire gambling process easy and user friendly for those who choose smartphones over desktop or tablets.
Geographically, Asia Pacific is leading the global online gambling market driven by increasing population across the demographics, and newly developing markets such as India, Singapore, Thailand and Indonesia due to internet penetration. Europe and North America held the first and second largest market value shares respectively. Other developing markets in countries such as Brazil and Argentina are going to drive the market for South America which is the second fastest growing markets globally.
Williamhill, Bet365, PP+B, Betsson, Ladbrokes, Amaya, GVC Holdings, 888 holdings, Skybetting & gamimg and Unibet(Kindred Group) are the leading players present within the global online gambling market.
Direct purchase the report@https://www.adroitmarketresearch.com/researchreport/purchase/868
Major points from Table of Contents:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Online gambling Overview Market, By Type
Chapter 5. Online gambling Market Overview, By Devices
Chapter 6. Online gambling Market Overview, By Region
Chapter 7. Company Profiles
Browse more reports:
Casino Management System Market 2018-2025: The global casino management system market is anticipated to record substantial growth over the forecast period credited to increase in need of business insights and automation, growing demand of risk management and effective security, and rising awareness over fraud-related transactions. Though, factors such as the necessity of high initial investment and rising cyber threats are anticipated to restrain the global casino management system market growth. Browse the report@ https://www.adroitmarketresearch.com/industry-reports/casino-management-system-market
Access research repository of Upcoming Reports @ https://adroitmarketresearch.com/upcoming.html
About Us:
Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
Contact Us:
Ryan Johnson
Account Manager - Global
3131 McKinney Ave Ste 600
Dallas, TX 75204
Email ID: sales@adroitmarketresearch.com
Phone No.: +1 (214) 884-6068
Connect with us: Facebook | Twitter | LinkedIn
With the European Commission readying its Green Paper on online gambling, the recent cricket betting saga highlighted the need for European regulation that will allow bookmakers to continue to innovate and maintain their integrity, writes Khalid Ali, secretary-general of the European Sports Security Association (ESSA), in an opinion piece sent exclusively to EURACTIV.
The following opinion piece was authored exclusively for EURACTIV by ESSA Secretary-General Khalid Ali.
'When British police officers began investigating the extraordinary allegations of spot fixing by certain members of the Pakistan cricket team in August, they doubtless did not have the upcoming publication of the European Commission's Green Paper on Online Gambling foremost on their mind. Yet their actions and more specifically the conditions that led to them are deeply relevant to online gaming in Europe and offer real insight into what is – and is not – needed from the Green Paper.
Green Paper On Online Gambling In The Internal Markets
Let's start with what the Green Paper must not do. Cricket's recent crisis centres on allegations that various squad members, via an 'agent', took bribes to fix spot-bets involving no-balls. These bets were to have been placed with black market or under-regulated bookmakers outside the EU and certainly not online, where perfect audit trails would have made it extremely difficult to get away with the crime – in fact even the 'fixer' in the cricket scandal admitted this by telling the undercover reporter that the online betting market was too regulated to commit fraud.
All of which adds up to a damning indictment on international betting markets and a glowing assessment of the transparency, security and integrity of European ones. The fact that no members of ESSA – and our members include many of Europe's biggest online and offline commercial operators – even offered a market on the no-ball spot bets in question is proof that their own risk management models are well capable, not just of protecting their own business, but the integrity of sport and the interests of the legitimate sport-loving public as well.
Let's juxtapose this with recent legislation in France, which has effectively raised the drawbridge to new operators and passed control of which markets can be offered into the hands of sports federations. Such moves, designed to protect incumbents and discourage innovation, will make betting markets less transparent and drive bookmaking elsewhere. The Green Paper must not allow this to happen in Europe.
Green Paper On Online Gambling In The Internal Marketing
Europe's private sector bookmakers have led the way in helping protect sport's integrity. Firstly by establishing ESSA as an early warning system in 2005 – a direct result of the Hoyzer scandal that sent German football back into the Dark Ages, integrity-wise – sports federations now have a vast wealth of information on suspicious or irregular betting behaviour at their disposal that they would never have had access to before.
In addition, the network of security measures that have been put in place by the leading operators in recent years, both online and offline, are making it harder and harder to commit fraud. On top of this, through a partnership between ESSA, the EU Athletes and the European Gaming and Betting Association, the bookmaking sector is helping to educate young sportspeople about match fixing, tackling the problem at its root.
The bottom line is that Europe's online gaming sector represents global best practice when it comes to helping maintain integrity in sport and any attempt to undermine it would represent a grave problem for sport as well as for what is a genuine European success story. Musik casino basel.
Which leads us to what the Commission should consider including in its Green Paper. Top of my list is the enshrinement of the competitive landscape that has enabled Europe's bookmakers to gain an edge over their international rivals thanks to, in some parts of Europe, a supportive climate for innovation. Harmonise for sure, but the Commission must harmonise the best aspects of European sports gambling, not the worst if we are to make capital from the good work that has already been done.
And then there's regulation. Europe needs regulation that will allow its best bookmakers to continue to innovate to provide a broader range of products and greater protection of integrity than the monopolies of yesteryear (and, unfortunately, in too many cases, today) could ever hope to match. The best practice measures developed by ESSA's members, for example, should be de rigueur across the entire industry.
If anything positive can be said to have come out of the cricket saga it must be that it is beginning to be understood that legitimate bookmakers and sport are on the same team when it comes to integrity. Both lose from match fixing and both have much to benefit from working together as equal partners.'
