Cloud Gaming and Bitcoin Implementation to Shape the Industry Going Forward

DUBLIN, November 8, 2022 /PRNewswire/ — The “Global Gambling Market: Analysis by Product Type (Casino, Lotteries, Gaming Machines, Betting and Others), by Platform (Terrestrial, Computing and Mobile), by Region Size and Forecast with COVID Impact Analysis -19 and forecast until 2027 “ report has been added to from ResearchAndMarkets.com offer.

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The increase in the adoption of online gambling via mobiles and computers, coupled with the growing adoption of digital and mobile payments, which has simplified payment procedures for users and online players, would have an impact on the gambling market demand in the years to come. The gambling market is expected to grow at a CAGR of 5.94%, during the forecast period 2022-2027.

Market Segmentation Analysis:

  • By Product Type: The report divides the global gambling market into five components: Casino, Lotteries, Slots, Betting and Others. The casino segment held about 35% of the market share in 2021. Many countries gradually seeking to make gambling through casinos a legal activity by placing under the tax umbrella is one of the main factors who encouraged the casino in the gambling industry.

  • By Platform: According to the report, the global gambling market is divided into three algorithms: land-based, computer and mobile. The land-based segment accounted for 85% of the gambling market in 2021, due to the new regulatory acts adopted by many countries which have opened up favorable conditions for the growth of the land-based gambling market.

  • By Region: According to this report, the global gaming market can be divided into four major regions: Asia Pacific (China, Japan, India and rest of Asia Pacific), North America (United States, Canada and Mexico), Europe (GermanyUK, France, Italy, Spain and rest of Europe) and Rest of the world. The Asia Pacific The gambling market enjoyed a market share of around 38% in 2021, mainly due to an increase in the growth of urban living standards as well as an increase in the growth of gambling options. luxury game.

  • While the China the gaming market held the maximum share in the Asia Pacific market as in general, gambling in China is illegal. Residents of the country can try only one gambling activity, the operator of which is the state itself – the lottery. As for other activities involving betting, they take place in two gaming areas – hong kong and Macau.

Market dynamics

Growth engines

  • Nascent internet penetration

  • Increased penetration of smart devices

  • World population growth

  • Improve global spending capacity

  • Legalization of gambling

Challenges

Market trends

Main topics covered:

1. Summary

2. Presentation

3. Global Market Analysis

4. Regional Market Analysis

5. Impact of COVID-19

6. Market dynamics

7. Competitive Landscape

8. Company Profiles

Companies cited

  • International Game Technology Plc. (IGT)

  • Flutter Entertainment plc.

  • Light & Wonder, Inc. (formerly known as Scientific Games Corporation)

  • Galaxy Entertainment Group

  • Caesars Entertainment, Inc.

  • Las Vegas Sands Corp.

  • 888 Assets

  • MGM Resorts International

  • Wynn Resorts

  • Entain Plc.

  • Evolution Playgroup

  • Draftkings Inc.

For more information on this report, visit https://www.researchandmarkets.com/r/qdz1zg

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