The Mexico gambling market has been growing significantly owing to the changing lifestyles and rise in purchasing power of consumers. The increasing adoption of smartphones and rising penetration of the internet which provides easy access to online casino gaming platforms are also driving the market. The outbreak of the COVID-19 pandemic led to a decrease in market revenues in the year 2020 owing to the closing of land-based gambling platforms due to the pandemic. However, the market is expected to register growth in the forecast period.
According to this research, the Mexico Gambling Market is anticipated to grow with a CAGR of 22.9% during 2020-2026. Although COVID-19 led to a decrease in the market revenue of land-based casinos, it had a positive impact on online gambling platforms. As customers could not step out of their houses during the lockdown, many of them started using online gambling platforms as a leisure activity. Factors such as increasing internet penetration and availability of cost-effective mobile applications contributed to this trend. Moreover, increasing digitalization coupled with secure digital payment options is also some factors contributing to the online gambling market growth. The market is further expected to gain momentum over the forecast period attributed to the rising use of digital currency and websites provided by companies for betting and gambling.
By product type, the gambling market is segmented into betting, casino, lottery and others. The casino segment has been dominating the market and is expected to register growth in the future. By channel type, the gambling market is segmented into online and land based. The land-based segment is dominating the market currently, but the online segment is expected to register maximum growth in the forecast period.
The Mexico gambling market report thoroughly covers the market by product type and channel type. Mexico gambling market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Historical Data and Forecast of Mexico Gambling Market Revenues, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Gambling Market Revenues, By Product Type, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Gambling Market Revenues, By Channel Type, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Online Gambling Market Revenues, By Types, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Land Based Gambling Market Revenues, By Types, for the Period 2016-2026F
- Market Opportunity Assessment by Product Type
- Market Opportunity Assessment by Channel Type
- Market Drivers and Restraints
- Market Trends
- Competitive Benchmarking
- Key Strategic Recommendations
Markets Covered
Mexico gambling market report provides a detailed analysis of the following market segments:
By Product Types:
- Betting
- Casino
- Lottery
- Others (Poker, Bingo, etc)
By Channel Types:
- Online
- Land-based
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Mexico Gambling Market Overview
3.1 Mexico Gambling Market Revenues, 2016-2026F
3.2 Mexico Gambling Market-Industry Life Cycle
3.3 Mexico Gambling Market-Porter’s Five Forces
4. Mexico Gambling Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Mexico Gambling Market Trends
6. Mexico Gambling Market Overview, By Product Type
6.1 Mexico Gambling Market Revenue Share, By Product Type
6.2 Mexico Gambling Market Revenues, By Product Type, 2016-2026F
6.2.1 Mexico Gambling Market Revenues, By Betting, 2016-2026F
6.2.2 Mexico Gambling Market Revenues, By Casino, 2016-2026F
6.2.3 Mexico Gambling Market Revenues, By Lottery, 2016-2026F
6.2.4 Mexico Gambling Market Volume, By Others, 2016-2026F
7. Mexico Gambling Market Overview, By Channel Type
7.1 Mexico Gambling Market Revenue Share, By Channel Type
7.2 Mexico Gambling Market Revenues, By Channel Type, 2016-2026F
7.2.1 Mexico Gambling Market Revenues, By Online, 2016-2026F
7.2.2 Mexico Gambling Market Revenues, By Land-Based, 2016-2026F
8. Mexico Online Gambling Market Overview, By Types
8.1 Mexico Online Gambling Market Revenue Share, By Types
8.2 Mexico Online Gambling Market Revenues, By Types, 2016-2026F
8.2.1 Mexico Online Gambling Market Revenues, By Betting, 2016-2026F
8.2.2 Mexico Online Gambling Market Revenues, By Casino, 2016-2026F
8.2.3 Mexico Online Gambling Market Revenues, By Lottery, 2016-2026F
8.2.4 Mexico Online Gambling Market Revenues, By Others, 2016-2026F
9. Mexico Land-Based Gambling Market Overview, By Types
9.1 Mexico Land-Based Gambling Market Revenue Share, By Types
9.2 Mexico Land-Based Gambling Market Revenues, By Types, 2016-2026F
9.2.1 Mexico Land-Based Gambling Market Revenues, By Betting, 2016-2026F
9.2.2 Mexico Land-Based Gambling Market Revenues, By Casino, 2016-2026F
9.2.3 Mexico Land-Based Gambling Market Revenues, By Lottery, 2016-2026F
9.2.4 Mexico Land-Based Gambling Market Revenues, By Others, 2016-2026F
10. Mexico Gambling Market Key Performance Indicators
11 Mexico Gambling Market Opportunity Assessment
11.1 Mexico Gambling Market, Opportunity Assessment, By Product Type, 2026F
11.2 Mexico Gambling Market, Opportunity Assessment, By Channel Type, 2026F
11.3 Mexico Online Gambling Market, Opportunity Assessment, By Type, 2026F
11.4 Mexico Land-Based Gambling Market, Opportunity Assessment, By Type, 2026F
12. Mexico Gambling Market Competitive Landscape
12.1 Mexico Gambling Market Competitive Benchmarking
12.1.1 Mexico Gambling Market Competitive Benchmarking, By Technical Parameters
12.1.2 Mexico Gambling Market Competitive Benchmarking, By Operating Parameters
13. Company Profiles
13.1 Codere Group
13.2 Winland Group
13.3 Caliente Casino
13.4 Bet365
13.5 Intertops
13.6 1xBet
13.7 Interwetten
14. Key Strategic Recommendations
15. Disclaimer
List of Figures
1. Mexico Gambling Market Revenues, 2016-2026F ($ Million)
2. GDP Per Capita of Mexico 2018-2025 (US$)
3. Purchasing Power Parity of Mexico (Local Currency Unit per USD)
4. Percentage of Mexico’s population using the Internet
5. Secure Internet Servers per 1 Million People in Mexico
6. Mexico Gambling Market Revenue Share, By Product Type, 2019 & 2026F
7. Mexico Gambling Market Revenue Share, By Channel Type, 2019 & 2026F
8. Mexico Online Gambling Market Revenue Share, By Types, 2019 & 2026F
9. Mexico Land Based Gambling Market Revenue Share, By Types, 2019 & 2026F
10. Tourist Arrivals in Mexico Jan 2020 - Nov 2020 (in thousand)
11. Mexico Gambling Market Opportunity Assessment, By Product Type, 2026F
12. Mexico Gambling Market Opportunity Assessment, By Channel Type, 2026F
13. Mexico Online Gambling Market Opportunity Assessment, By Types, 2026F
14. Mexico Land-Based Gambling Market Opportunity Assessment, By Types, 2026F
List of Tables
1. Household Final Consumption Expenditure of Mexico 2017-2019
2. Mexico Gambling Market Revenues, By Product Type, 2016-2026F ($ Million)
3. Mexico Gambling Market Revenues, By Channel Type, 2016-2026F ($ Million)
4. Mexico Online Gambling Market Revenues, By Types, 2016-2026F ($ Million)
5. Mexico Land-Based Gambling Market Revenues, By Types, 2016-2026F ($ Million)
Companies Mentioned
- 1xBet
- Bet365
- Caliente Casino
- Codere Group
- Intertops
- Interwetten
- Winland Group
