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Online Gambling Global Market Opportunities And Strategies To 2030, By Game Type, Device

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    Report

  • 231 Pages
  • February 2022
  • Region: Global
  • The Business Research Company
  • ID: 5553869
Online Gambling Global Market Opportunities And Strategies To 2030: COVID 19 Growth And Change provides the strategists; marketers and senior management with the critical information they need to assess the global online gambling market as it emerges from the COVID 19 shut down.



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Description:

Where is the largest and fastest growing market for online gambling? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The online gambling market global report answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider online gambling market; and compares it with other markets.

The report covers the following chapters

  • Executive Summary - The executive summary section of the report gives a brief overview and summary of the report.
  • Report Structure - This section gives the structure of the report and the information covered in the various sections.
  • Introduction - The introduction section of the report gives brief introduction about segmentation by geography, segmentation by game type and segmentation by device.
  • Market Characteristics - The market characteristics section of the report defines and explains the online gambling market. This chapter also defines and describes goods and related services covered in the report.
  • Trends And Strategies - This chapter describes the major trends shaping the global online gambling market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
  • Impact Of COVID-19 - This chapter discusses the impact of COVID-19 on the online gambling market.
  • Global Market Size And Growth - This section contains the global historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
  • Regional Analysis - This section contains the historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values and growth and market share comparison by region.
  • Segmentation - This section contains the market values (2015-2030) and analysis for different segments.
  • Regional Market Size and Growth - This section contains the region’s market size (2020), historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region. The market overview sections of the report describe the current size of the market, background information, government initiatives, regulations, regulatory bodies, associations, corporate tax structure, investments, and major companies.
  • Competitive Landscape - This section covers details on the competitive landscape of the global online gambling market, estimated market shares and company profiles for the leading players. /li>
  • Key Mergers And Acquisitions - This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
  • Market Opportunities And Strategies - This section includes recommendations based on findings of the research. This section gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
  • Conclusions And Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for online gambling companies in terms of product/service offerings, geographic expansion, marketing strategies and target groups.
  • Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Scope


Markets Covered:
  1. By Game Type: Betting; Casino; Lottery; Poker; Bingo; Others
  2. By Device: Desktop; Mobile; Others

Companies Mentioned: Flutter Entertainment plc; bet365 Group Ltd.; Entain plc; Kindred Group plc; William Hill PLC; 888 Holdings PLC

Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; online gambling indicators comparison.

Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Online Gambling Market

What is the estimated value of the Global Online Gambling Market?

The Global Online Gambling Market was estimated to be valued at $40480 million in 2015.

What is the growth rate of the Global Online Gambling Market?

The growth rate of the Global Online Gambling Market is 10.9%, with an estimated value of $192264.4 million by 2030.

What is the forecasted size of the Global Online Gambling Market?

The Global Online Gambling Market is estimated to be worth $192264.4 million by 2030.

Who are the key companies in the Global Online Gambling Market?

Key companies in the Global Online Gambling Market include Flutter Entertainment plc, bet365 Group Ltd., Entain plc, Kindred Group plc, William Hill PLC, 888 Holdings PLC, International Game Technology PLC, Betsson Ab and Betfred.

Table of Contents

1. Online Gambling Market Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure
6. Introduction
6.1. Segmentation By Geography
6.2. Segmentation By Game Type
6.3. Segmentation By Device
7. Online Gambling Market Characteristics
7.1. Market Definition
7.2. Segmentation By Game Type
7.2.1. Betting
7.2.2. Casino
7.2.3. Lottery
7.2.4. Poker
7.2.5. Online Bingo
7.2.6. Others
7.3. Segmentation By Device
7.3.1. Desktop
7.3.2. Mobile
7.3.3. Other Devices
8. Online Gambling Market Trends And Strategies
8.1. Use Of Artificial Intelligence In Online Gambling
8.2. Blockchain In Online Gambling
8.3. Mobile Gambling
8.4. Virtual Reality/Augmented Reality To Enhance User Experience
8.5. Online Gambling Companies Sponsoring Sports Teams
8.6. Celebrity Endorsements
8.7. Freemium Models In Online Gambling
8.8. Cross Platform Gambling Games
9. Impact Of COVID-19 On The Online Gambling Market
9.1. Introduction
9.2. Impact On Major Regions
9.2.1. North America
9.2.2. Asia-Pacific
9.2.3. Europe
9.3. Impact On Sports Betting
9.4. Conclusion
10. Global Online Gambling Market Size And Growth
10.1. Market Size
10.2. Historic Market Growth, 2015 - 2020, Value ($ Million)
10.2.1. Drivers Of The Market 2015 - 2020
10.2.2. Restraints On The Market 2015 - 2020
10.3. Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
10.3.1. Drivers Of The Market 2020 - 2025
10.3.2. Restraints On The Market 2020 - 2025
11. Global Online Gambling Market Segmentation
11.1. Global Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
11.2. Global Online Gambling Market, Segmentation By Device, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
12. Online Gambling Market, Regional And Country Analysis
12.1. Global Online Gambling Market, By Region, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
12.2. Global Online Gambling Market, By Country, Historic and Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13. Asia-Pacific Online Gambling Market
13.1. Asia-Pacific Online Gambling Market Overview
13.1.1. Region Information
13.1.2. COVID-19 Impact
13.1.3. Market Information
13.1.4. Background Information
13.1.5. Government Initiatives
13.1.6. Regulations
13.1.7. Regulatory Bodies
13.1.8. Major Associations
13.1.9. Taxes Levied
13.1.10. Corporate Tax Structure
13.1.11. Investments
13.1.12. Major Companies
13.2. Asia-Pacific Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.3. Asia-Pacific Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
13.4. Asia-Pacific Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.5. Asia-Pacific Online Gambling Market: Country Analysis
13.6. China Online Gambling Market
13.7. China Online Gambling Market Overview
13.7.1. Country Information
13.7.2. Market Information
13.7.3. Background Information
13.7.4. Regulations
13.7.5. Regulatory Bodies
13.7.6. Major Associations
13.7.7. Taxes Levied
13.7.8. Corporate Tax Structure
13.7.9. Major Companies
13.8. China Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.9. China Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
13.10. China Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.11. India Online Gambling Market
13.12. India Online Gambling Market Overview
13.12.1. Country Information
13.12.2. Market Information
13.12.3. Background Information
13.12.4. Government Initiatives
13.12.5. Regulations
13.12.6. Regulatory Bodies
13.12.7. Major Associations
13.12.8. Taxes Levied
13.12.9. Corporate Tax Structure
13.12.10. Investments
13.12.11. Major Companies
13.13. India Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.14. India Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
13.15. India Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.16. Japan Online Gambling Market
13.17. Japan Online Gambling Market Overview
13.17.1. Country Information
13.17.2. Market Information
13.17.3. Background Information
13.17.4. Regulations
13.17.5. Regulatory Bodies
13.17.6. Major Associations
13.17.7. Taxes Levied
13.17.8. Corporate Tax Structure
13.17.9. Major Companies
13.18. Japan Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.19. Japan Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
13.20. Japan Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.21. Australia Online Gambling Market
13.22. Australia Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.23. Australia Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
13.24. Australia Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
13.25. South Korea Online Gambling Market
13.26. South Korea Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
13.27. South Korea Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
13.28. South Korea Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
14. Western Europe Online Gambling Market
14.1. Western Europe Online Gambling Market Overview
14.1.1. Region Information
14.1.2. COVID-19 Impact
14.1.3. Market Information
14.1.4. Background Information
14.1.5. Government Initiatives
14.1.6. Regulations
14.1.7. Regulatory Bodies
14.1.8. Major Associations
14.1.9. Taxes Levied
14.1.10. Corporate Tax Structure
14.1.11. Investments
14.1.12. Major Companies
14.2. Western Europe Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
14.3. Western Europe Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
14.4. Western Europe Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
14.5. Western Europe Online Gambling Market: Country Analysis
14.6. UK Online Gambling Market
14.7. UK Online Gambling Market Overview
14.7.1. Country Information
14.7.2. Market Information
14.7.3. Background Information
14.7.4. Government Initiatives
14.7.5. Regulations
14.7.6. Regulatory Bodies
14.7.7. Major Associations
14.7.8. Tax Levied
14.7.9. Corporate Tax Structure
14.7.10. Investments
14.7.11. Major Companies
14.8. UK Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
14.9. UK Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
14.10. UK Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
14.11. Germany Online Gambling Market
14.12. Germany Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
14.13. Germany Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
14.14. Germany Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
14.15. France Online Gambling Market
14.16. France Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
14.17. France Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
14.18. France Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
15. Eastern Europe Online Gambling Market
15.1. Eastern Europe Online Gambling Market Overview
15.1.1. Region Information
15.1.2. COVID-19 Impact
15.1.3. Market Information
15.1.4. Background Information
15.1.5. Regulations
15.1.6. Regulatory Bodies
15.1.7. Major Associations
15.1.8. Taxes Levied
15.1.9. Corporate Tax Structure
15.1.10. Investments
15.1.11. Major Companies
15.2. Eastern Europe Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
15.3. Eastern Europe Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
15.4. Eastern Europe Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
15.5. Eastern Europe Online Gambling Market: Country Analysis
15.6. Russia Online Gambling Market
15.7. Russia Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
15.8. Russia Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030F Value ($ Million)
15.9. Russia Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
16. North America Online Gambling Market
16.1. North America Online Gambling Market Overview
16.1.1. Region Information
16.1.2. COVID-19 Impact
16.1.3. Market Information
16.1.4. Background Information
16.1.5. Government Initiatives
16.1.6. Regulations
16.1.7. Regulatory Bodies
16.1.8. Major Associations
16.1.9. Taxes Levied
16.1.10. Corporate Tax Structure
16.1.11. Investments
16.1.12. Major Companies
16.2. North America Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
16.3. North America Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030FValue ($ Million)
16.4. North America Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
16.5. North America Online Gambling Market: Country Analysis
16.6. USA Online Gambling Market
16.7. USA Online Gambling Market Overview
16.7.1. Country Information
16.7.2. COVID-19 Impact
16.7.3. Market Information
16.7.4. Background Information
16.7.5. Government Initiatives
16.7.6. Regulations
16.7.7. Regulatory Bodies
16.7.8. Major Associations
16.7.9. Taxes Levied
16.7.10. Corporate Tax Structure
16.7.11. Investments
16.7.12. Major Companies
16.8. USA Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
16.9. USA Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030FValue ($ Million)
16.10. USA Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
17. South America Online Gambling Market
17.1. South America Online Gambling Market Overview
17.1.1. Region Information
17.1.2. COVID-19 Impact
17.1.3. Market Information
17.1.4. Background Information
17.1.5. Government Initiatives
17.1.6. Regulations
17.1.7. Regulatory Bodies
17.1.8. Major Associations
17.1.9. Taxes Levied
17.1.10. Corporate Tax Structure
17.1.11. Investments
17.1.12. Major Companies
17.2. South America Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
17.3. South America Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030FValue ($ Million)
17.4. South America Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
17.5. South America Online Gambling Market: Country Analysis
17.6. Brazil Online Gambling Market
17.7. Brazil Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
17.8. Brazil Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030FValue ($ Million)
17.9. Brazil Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
18. Middle East Online Gambling Market
18.1. Middle East Online Gambling Market Overview
18.1.1. Region Information
18.1.2. COVID-19 Impact
18.1.3. Market Information
18.1.4. Background Information
18.1.5. Regulations
18.1.6. Regulatory Bodies
18.1.7. Major Associations
18.1.8. Taxes Levied
18.1.9. Corporate Tax Structure
18.1.10. Investments
18.1.11. Major Companies
18.2. Middle East Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
18.3. Middle East Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030FValue ($ Million)
18.4. Middle East Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
19. Africa Online Gambling Market
19.1. Africa Online Gambling Market Overview
19.1.1. Region Information
19.1.2. COVID-19 Impact
19.1.3. Market Information
19.1.4. Background Information
19.1.5. Government Initiatives
19.1.6. Regulations
19.1.7. Regulatory Bodies
19.1.8. Major Associations
19.1.9. Taxes Levied
19.1.10. Corporate Tax Structure
19.1.11. Investments
19.1.12. Major Companies
19.2. Africa Online Gambling Market, Historic Market Growth, 2015 - 2020, Value ($ Million)
19.3. Africa Online Gambling Market, Forecast Market Growth, 2020 - 2025, 2030FValue ($ Million)
19.4. Africa Online Gambling Market, Segmentation By Game Type, Historic And Forecast, 2015 - 2020, 2025F, 2030F, Value ($ Million)
20. Online Gambling Market Competitive Landscape And Company Profiles
20.1. Company Profiles
20.2. Flutter Entertainment plc
20.2.1. Company Overview
20.2.2. Products And Services
20.2.3. Business Strategy
20.2.4. Financial Overview
20.3. bet365 Group Ltd.
20.3.1. Company Overview
20.3.2. Products And Services
20.3.3. Business Strategy
20.3.4. Financial Overview
20.4. Entain Plc
20.4.1. Company Overview
20.4.2. Products And Services
20.4.3. Business Strategy
20.4.4. Financial Overview
20.5. Kindred Group plc
20.5.1. Company Overview
20.5.2. Products And Services
20.5.3. Business Strategy
20.5.4. Financial overview
20.6. William Hill PLC
20.6.1. Company Overview
20.6.2. Products And Services
20.6.3. Business Strategy
20.6.4. Financial Overview
21. Key Mergers And Acquisitions In The Online Gambling Market
21.1. DraftKings Acquired Golden Nugget Online Gaming (GNOG)
21.2. Penn National Gaming Acquired Score Media and Gaming
21.3. Entain Acquired Unikrn
21.4. Superbet Group Acquired Napoleon Sports & Casino
21.5. Casumo Acquires CasinoSecret
21.6. William Hill Acquired CG Technology
21.7. Tusogo Sun Acquired Stake In Betcoza
21.8. Gauselmann Acquired Bede Gaming
21.9. DraftsKing Acquired SBTech
22. Online Gambling Market Future Outlook and Potential Analysis
22.1. Global Online Gambling Market In 2025 - Countries Offering Most New Opportunities
22.2. Global Online Gambling Market In 2025 - Segments Offering Most New Opportunities
22.3. Global Online Gambling Market In 2025 - Growth Strategies
22.3.1. Market Trend Based Strategies
22.3.2. Competitor Strategies
23. Appendix
23.1. Market Data Sources
23.2. Research Methodology
23.3. Currencies
23.4. Research Inquiries
23.5. About The Publisher
23.6. Copyright And Disclaimer

Executive Summary

This report describes and explains the online gambling market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.

The online gambling market reached a value of nearly $76,792.7 million in 2020, having increased at a compound annual growth rate (CAGR) of 13.7% since 2015. The market is expected to grow from $76,792.7 million in 2020 to $127,451.4 million in 2025 at a rate of 10.7%. The market is then expected to grow at a CAGR of 8.6% from 2025 and reach $192,264.4 million in 2030.

Growth in the historic period resulted from strong economic growth in emerging markets, growing adoption of smartphones with improved internet accessibility, increasing popularity of digital payments and rise in disposable income.

Going forward, increasing gamer involvement during the covid-19 pandemic, increasing consumer acceptance for fintech, technically advanced platforms, legalization of gambling and changing consumer gambling habits will drive the growth. Factors that could hinder the growth of the online gambling market in the future include global recession, regulatory restrictions to curb gambling addiction, demographic changes and security challenges

The online gambling market is segmented by game type into betting, casino, lottery, poker, online bingo, and others. The betting market was the largest segment of the online gambling market segmented by game type, accounting for 46.7% of the total in 2020. Going forward, the lottery segment is expected to be the fastest growing segment in the online gambling market segmented by game type, at a CAGR of 16.8% during 2020-2025.

The online gambling market is also segmented by device into desktop, mobile and other devices. The desktop market was the largest segment of the online gambling market segmented by device, accounting for 57.9% of the total in 2020. Going forward, the mobile segment is expected to be the fastest growing segment in the online gambling market segmented by device, at a CAGR of 17.4% during 2020-2025.

Asia Pacific was the largest region in the online gambling market, accounting for 31.9% of the total in 2020. It was followed by Western Europe, and then the other regions. Going forward, the fastest-growing regions in the online gambling market will be Western Europe, and, Asia Pacific where growth will be at CAGRs of 10.83% and 10.81% respectively. These will be followed by South America, and Middle East, where the markets are expected to grow at CAGRs of 10.7% and 10.5% respectively.

The nationwide lockdowns and social distancing restrictions imposed because of the outbreak of COVID-19 forced brick and mortar gambling places to remain shut due to which the online gambling platforms gained a lot of traction. There has been a spike in the number of users of online gambling platforms during the pandemic. People were forced to sit at home during the lockdown, and this increased internet traffic on all fronts. More people frequently visited gambling websites and thousands of new users registered every day. Several online-gambling platforms increased their marketing and promotional activities in the form of extra tournaments and bonuses to attract more players. For instance, BetMGM, Borgata Online, Hard Rock, Golden Nugget and many others have increased their bonuses in the form of registration and reload bonuses, loyalty programs and free spins to reward the loyalty of the existing users, and to attract new users.

The online gambling market is fairly fragmented, with a large number of players. The top ten competitors in the market made up to 23.15% of the total market in 2020. The key players in the market are focusing on continuous product innovations, mergers & acquisition to expand its market presence and to gain competitive edge in the market. Flutter Entertainment plc was the largest competitor with 6.06% of the market, followed by bet365 Group Ltd. with 4.80%, Entain plc with 4.66%, Kindred Group plc with 1.96%, William Hill PLC with 1.55%, 888 Holdings PLC with 1.06%, International Game Technology PLC with 1.03%, Betsson Ab with 0.96%, DraftKings Inc. with 0.61% and Betfred with 0.46%.

The top opportunities in the online gambling market segmented by game type will arise in the betting segment, which will gain $21,415.9 million of global annual sales by 2025. The top opportunities in segment by device will arise in the mobile segment, which will gain $35,462.1 million of global annual sales by 2025. The online gambling market size will gain the most in the USA at $8,453.8 million.

Market-trend-based strategies for the online gambling market include investing in AI technology to enhance user experience, integrating cryptocurrency as a payment mode, building mobile apps, investing in AR and VR technology, sponsoring sports events with large viewership, tie-up with celebrities and influencers, offer free access to games with certain main features and offer cross platform support for games.

Player-adopted strategies in the online gambling market include strategic acquisitions of emerging & established companies, new product launches, expanding business through collaborations, focusing on emerging and fast-growing geographies.

To take advantage of the opportunities, the publisher recommends online gambling companies to focus on artificial intelligence in online gambling, invest in blockchain, focus on virtual reality/augmented reality to enhance user experience, invest in mobile gambling, expand in markets legalizing gambling, expand operations in emerging markets, competitive pricing, conduct loyalty programs, leverage social media, sponsoring sports teams, and Increase their involvement with celebrities.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Flutter Entertainment plc
  • bet365 Group Ltd.
  • Entain plc
  • Kindred Group plc
  • William Hill PLC
  • 888 Holdings PLC
  • International Game Technology PLC
  • Betsson Ab
  • DraftKings Inc.
  • Betfred

Methodology

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