Online Gambling Market in the US 2016-2020

  • ID: 3846140
  • Report
  • Region: United States
  • 64 pages
  • TechNavio
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FEATURED COMPANIES

  • 888 Holdings
  • BetAmerica
  • Betfair Casino
  • Betfair Online Casino
  • Delaware Park
  • Draft Kings
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

About Online Gambling

Online gambling refers to web-based gambling that includes casino, betting, and lottery games played on computing and mobile devices. Online gambling rules differ from country to country. In the US, the government has placed stringent regulations on online gambling, which varies from state to state. Vendors are also launching gambling apps for mobile devices to reach a larger audience.

The analysts forecast the online gambling market in the US to grow at a CAGR of 51.71% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the online gambling market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the legal online casino, betting, and lottery segments in the country.

The market is divided into the following segments based on device:

- Mobile devices
- Computing devices

The report, Online Gambling Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- 888 Holdings
- Betfair Casino
- Borgata Hotel Casino & Spa
- Dover Downs Gaming & Entertainment

Other prominent vendors
- BetAmerica
- Betfair Online Casino
- Delaware Park
- Draft Kings
- Fan duel
- Golden Nugget Online Casino
- Harrington Gaming online
- Pala Casino
- Real Gaming
- Resorts Online Casino
- TVG
- Twinspires
- Watch and Wager
- WorldWinner
- WSOP

Market drivers
- Scope for increased contribution to national economy

Market challenges
- Addiction to gambling

Market trends
- Effective marketing strategies

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • 888 Holdings
  • BetAmerica
  • Betfair Casino
  • Betfair Online Casino
  • Delaware Park
  • Draft Kings
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Customer segments
  • Base year
  • Vendor segmentation
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • US online gambling: Synopsis
  • Market overview
  • Product life cycle
  • Global online gambling market
  • Online gambling market in US
  • Share of US in global online gambling market
  • Five forces analysis
PART 06: Market segmentation by type
  • Online gambling market in US by type
  • Online casino market in US
  • Online betting market in US
PART 07: Online gambling market in US by growth potential
  • Online gambling market in US by growth potential
  • Potential online gambling market in US by type
  • Potential online casino market in US
  • Potential online betting market in US
  • Potential online lottery market in US
PART 08: Market segmentation by device
  • Online gambling market in US by device
  • Online gambling market in US by computing devices
  • Online gambling market in US by mobile devices
PART 09: Buying criteria

PART 10: Market attractiveness
  • Market attractiveness by type
  • Market attractiveness by devices
PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape
  • Competitive scenario
  • Key vendor analysis
  • Other prominent vendors
  • Online gambling providers to foreign countries
PART 17: Appendix
  • List of abbreviations
PART 18: About the Author

List of Exhibits

Exhibit 01: Legalization of online gambling in US 2015-2020
Exhibit 02: Product offerings
Exhibit 03: Overview of online gaming market in US
Exhibit 04: Product life cycle of online gambling in US
Exhibit 05: Global online gambling market 2015-2020 ($ billions)
Exhibit 06: Online gambling sites in leading countries (rank-wise)
Exhibit 07: Online gambling market in US 2015-2020 ($ billions)
Exhibit 08: Number of online gambling websites in US 2015
Exhibit 09: Share of US in global online gambling market 2015-2020
Exhibit 10: Five forces analysis
Exhibit 11: Online gambling market in US by type 2015
Exhibit 12: Online gambling market in US by type 2015-2020
Exhibit 13: Revenue comparison of online gambling market in US by type 2015-2020 ($ billions)
Exhibit 14: CAGR comparison of online gambling market in US by type 2015-2020 (revenue)
Exhibit 15: Online casino market in US 2015-2020 ($ billions)
Exhibit 16: Online betting market in US 2015-2020 ($ millions)
Exhibit 17: Online gambling market in US by growth potential 2015-2020 ($ billions)
Exhibit 18: Potential online gambling market in US by type 2015-2020
Exhibit 19: Potential online casino market in US 2015-2020 ($ billions)
Exhibit 20: Potential online betting market in US 2015-2020 ($ billions)
Exhibit 21: Potential online lottery market in US 2017-2020 ($ billions)
Exhibit 22: Revenue comparison of potential online gambling market in US by type 2015-2020 ($ billions)
Exhibit 23: CAGR comparison of potential online gambling market in US by type (revenue)
Exhibit 24: Online gambling market in US by device 2015
Exhibit 25: Online gambling market in US by device 2015-2020
Exhibit 26: Revenue comparison of online gambling market in US by platform 2015-2020 ($ billions)
Exhibit 27: CAGR comparison of global m-commerce market by platform 2015-2020 (revenue)
Exhibit 28: Online gambling market in US by computing devices 2015-2020 ($ billions)
Exhibit 29: Online gambling market in US by mobile devices 2015-2020 ($ billions)
Exhibit 30: Buying criteria
Exhibit 31: Market attractiveness by type
Exhibit 32: Market attractiveness by device
Exhibit 33: Impact of drivers
Exhibit 34: Impact of drivers and challenges
Exhibit 35: Other prominent legal vendors operating in US 2015
Exhibit 36: Online gambling providers to foreign countries 2015
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FEATURED COMPANIES

  • 888 Holdings
  • BetAmerica
  • Betfair Casino
  • Betfair Online Casino
  • Delaware Park
  • Draft Kings
  • MORE
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

New Report Released: - Online Gambling Market in the US 2016-2020

The author of the report recognizes the following companies as the key players in the online gambling market in the US: 888 Holdings, Betfair Casino, Borgata Hotel Casino & Spa, and Dover Downs Gaming & Entertainment.

Other Prominent Vendors in the market are: BetAmerica, Betfair Online Casino, Delaware Park, Draft Kings, Fan duel, Golden Nugget Online Casino, Harrington Gaming online, Pala Casino, Real Gaming, Resorts Online Casino, TVG, twinspires, Watch and Wager, WorldWinner, and WSOP.

Commenting on the report, an analyst from the research team said: “One of the major trends in the online gambling market in the US is the business tactics adopted by vendors to attract players. Rewards such as loyalty points, discounts, and gift vouchers are no more attractive to the existing players and do not motivate prospective players. It is important that the vendors provide rewards and offers that are more personal and customized, based on the demographic and psychographic profiles of the players.”

According to the report, one of the key drivers for market growth will be popularity of online gambling. Online gambling extends the reach of the gambling games because it is web-based and does not require the physical presence of the players at the venue. The popularity of computing and mobile devices, especially among the younger generation, is the main reason for the extended reach of online gambling in the US. Mobile ads are one of the strongest mediums of advertising, which reaches the untapped group of the population that refrain from going to a casino or a bar where betting is allowed, and influence them to try online gambling. In the US, the average age of an individual visiting a casino is 45 years, whereas an average age of an online gambler is 34 years. The increasing presence of younger populatuion on the online gambling platforms will be one of the significant factors driving the growth of the market during the forecast period.

Further, the report states that the processing of customer payments through financial institutions remains a big challenge for the vendors. Until 2011, the federal government was liberal in targeting online gaming operators approaching patrons in the US. However, the implementation of the Unlawful Internet Gaming Enforcement Act of 2006, prohibits financial institutions and credit card processors from knowingly accepting payments related to a bet or a wager in an online gambling. Moreover, online gaming transactions have become the target of a federal investigation, which the financial institutions want to avoid. Thus, the restrictions on processing credit card transactions have made customer payments difficult from the online gaming accounts of the patrons. The issue can be resolved if the financial institutions and credit card processors reconsider their policies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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1h Free Analyst Time

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- 888 Holdings
- Betfair Casino
- Borgata Hotel Casino & Spa
- Dover Downs Gaming & Entertainment
- BetAmerica
- Betfair Online Casino
- Delaware Park
- Draft Kings
- Fan duel
- Golden Nugget Online Casino
- Harrington Gaming online
- Pala Casino
- Real Gaming
- Resorts
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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