NEW YORK, May 30, 2023 /PRNewswire/ — The gambling market size is set to grow by USD 260.44 billion between 2022 and 2027 and register a CAGR of 7.1%, according to Technavio’s latest market research report. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 888 Holdings plc, Bet365 Group Ltd., Betsson AB, Caesars Entertainment Inc., Camelot UK Lotteries Ltd., Crown Resorts Ltd., Entain Plc, EquiLottery LLC, Flutter Entertainment Plc, Freaks 4U Gaming GmbH, Galaxy Entertainment Group Ltd., Gateway Casinos and Entertainment Ltd., International Game Technology plc, INTRALOT SA, Kindred Group Plc, Las Vegas Sands Corp., MGM Resorts International, New York State Gaming Commission, SkyCity Entertainment Group, and The Betway Group are some of the major market participants. The increasing betting on e-sports, the high penetration of smartphones, and the reduced stringency in government regulations will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Gambling Market 2023-2027: Segmentation

• Type

• Geography

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Gambling Market 2023-2027: Vendor Analysis and Scope

To help businesses improve their market position, the gambling market provides a detailed analysis of around 15+ vendors operating in the market. Some of these vendors include 888 Holdings plc, Bet365 Group Ltd., Betsson AB, Caesars Entertainment Inc., Camelot UK Lotteries Ltd., Crown Resorts Ltd., Entain Plc, EquiLottery LLC, Flutter Entertainment Plc, Freaks 4U Gaming GmbH, Galaxy Entertainment Group Ltd., Gateway Casinos and Entertainment Ltd., International Game Technology plc, INTRALOT SA, Kindred Group Plc, Las Vegas Sands Corp., MGM Resorts International, New York State Gaming Commission, SkyCity Entertainment Group, and The Betway Group.

888.com- The company offers Gambling games such as XL retro series, Triple thread and multiple mode of gaming with friends.

bet365.com- The company offers gambling such as roulette, baccarat, blackjack and spin a win.

betssonab.com- The company offers gambling such as casino, poker, bingo and scratch cards.

The report also covers the following areas:

Market Drivers

• Increasing betting on e-sports

• High penetration of smartphones

• Reduced stringency in government regulations

Market Trends

• Introduction of Bitcoin gambling

• Use of AI in online gambling

• The emergence of VR as a cure for gambling addiction

Market Challenges

• Security and credibility issues associated with online gambling

• Ban on gambling in many countries

• Ban on gambling advertisements

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Gambling Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027

• Detailed information on factors that will assist gambling market growth during the next five years

• Estimation of the gambling market size and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the gambling market

• Analysis of the market’s competitive landscape and detailed information on vendors

• Comprehensive details of factors that will challenge the growth of gambling market vendors

Related Reports:

Online Gambling Market– The online gambling market is estimated to grow at a CAGR of 11.03% between 2022 and 2027. The size of the market is forecast to increase by USD 150.5 billion.

Casinos and Gambling Market- The casinos and gambling market is estimated to grow at a CAGR of 8.13% between 2022 and 2027. The size of the market is forecast to increase by USD 90.22 billion.

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 2022

4 Historic Market Size

5 Five Forces Analysis

• 5.1 Five forces summary

• 5.6 Threat of rivalry

• 5.7 Market condition

6 Market Segmentation by Type

• 6.1 Market segments

• 6.2 Comparison by Type

7 Market Segmentation by Platform

• 7.1 Market segments

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape

• 11.4 Industry risks

12 Vendor Analysis

• 12.1 Vendors covered

• 12.3 888 Holdings plc

• 12.4 Bet365 Group Ltd.

• 12.5 Betsson AB

• 12.8 Entain Plc

• 12.9 EquiLottery LLC

• 12.15 INTRALOT SA

• 12.16 Kindred Group Plc

13 Appendix

• 13.1 Scope of the report

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