NEW YORK, Sept. 20, 2022 /PRNewswire/ — The “Gambling Market in the UK Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026″ report has been added to Technavio’s offering. The potential growth difference for the gambling market size in the UK between 2021 and 2026 is USD 2.83 billion. To get the exact CAGR and the Y-O-Y growth rate, Request a FREE PDF Sample Report

Key Market Dynamics

• Market Driver: The growth of the online gambling market is driving the growth of the market. The UK dominates online platforms of gambling owing to limited restrictions. Hence, the continued growth of online gambling at the expense of conventional gambling operations will drive the gambling market in the UK during the forecast period.

• Market Challenge: The increased exposure of children to online gambling is challenging the growth of the market. Certain websites use cartoon characters to attract children and bet on games such as Jungle Book, Top Cat, Peter Pan, and Goldilocks. Hence, the government has restricted gambling ads that normalize betting among children. Moreover, there have been concerns about the presence of such ads during televised sports. Such factors may limit the market growth in the coming years.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our FREE PDF Sample Report

Market Segmentation

The gambling market in the UK is segmented by type (betting, lottery, and casino) and platform (offline and online). By platform, the offline segment will be the largest contributor to market growth during the forecast period. The brick-and-mortar forms of casinos in the UK are revolutionizing their offerings to sustain in the market, which will drive market growth during the forecast period.

View our FREE PDF Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report.

Vendor Landscape

The gambling market in the UK is fragmented. Vendors are deploying growth strategies such as technological innovations to compete in the market. The market is highly competitive, with the presence of well-established online and offline vendors. The vendors compete on the basis of product portfolio, prize money, pricing, application availability, credibility, varieties, and payment options, along with increasing technological advances. They are also investing in planning, developing, designing, acquiring new players, and expanding existing facilities. During the forecast period, the competition among vendors is expected to intensify. In addition, technological advances in terms of VR and AI will intensify the competition further among vendors. Moreover, vendors must be aware of emerging games and trends, licensing procedures and policies, and advances in technologies that could influence service lines to sustain in the competitive market. The gambling market in the UK is expected to witness rapid growth during the forecast period, with large vendors acquiring smaller online vendors.

Some Companies Mentioned

• 888 Holdings Plc

• Ballys Corp.

• Bet365 Group Ltd.

• Betfred Group Ltd.

• Betsson AB

• Caesars Entertainment Inc.

• Camelot UK Lotteries Ltd.

• Casino Del Sol

• Delta Corp Ltd.

• Entain Plc

• Evolution AB

• Fantasy Springs Resort Casino

• Flutter Entertainment Plc

• Kindred Group Plc

• NetBet Enterprises Ltd.

• Rank Group Plc

• Scientific Games Corp.

• Simba Games

• Sky Betting and Gaming

• Station Casinos LLC

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Key Topics Covered

1 Executive Summary

• 1.1 Market overview

2 Market Landscape

• 2.1 Market ecosystem

3 Market Sizing

• 3.1 Market definition

• 3.3 Market size 2021

4 Five Forces Analysis

• 4.1 Five forces summary

• 4.6 Threat of rivalry

• 4.7 Market condition

5 Market Segmentation by Platform

• 5.1 Market segments

6 Market Segmentation by Type

• 6.1 Market segments

• 6.2 Comparison by Type

7 Customer Landscape

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape

• 9.3 Landscape disruption

• 9.4 Industry risks

10 Vendor Analysis

• 10.1 Vendors covered

• 10.3 888 Holdings Plc

• 10.4 Bet365 Group Ltd.

• 10.5 Betfred Group Ltd.

• 10.6 Betsson AB

• 10.9 Entain Plc

• 10.11 Simba Games

11 Appendix

• 11.1 Scope of the report

About Us

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