As per the analysis by Market Research Future Reports (MRFR), the global online gambling market size is estimated to value USD 165.3 Billion, with a CAGR of 11.30 % during the review period. However, there has been a change in the global online gambling market 2020 due to the outbreak of COVID-19. We will provide COVID-19 impact analysis with report. As per the analysis, the traffic of gambling resources has elevated by 10 to 15%. The online gambling market increased significantly in March 2020. Online gambling has resulted in being a substantial revenue-generating resource for governments. Some of the countries have decided to take advantage of the booming popularity of online gambling platforms. For example, Belarus officially announced to make online gambling legal. However, the market experienced a downfall in April due to the implementation of strict online gambling rules.
Get a Sample @ https://www.marketresearchfuture.com/sample_request/8641
Online casinos and poker are some of the most popular games in the online gambling market. With the rapid advancement in mobile apps and the Internet of Things (IoT), the online gambling market has shown a significant expansion concerning the number of users. Because of seamless internet connectivity, online gambling platforms have started functioning efficiently. This factor has assisted in augmenting the expansion of the market. Online gambling companies are spending enormously to innovate the platform.
The forefront players of the global online gambling market are The Stars Group (Canada), International Game Technology PLC (US), Betsson AB (Sweden), Net Entertainment (Sweden), Kindred Group Plc (Malta), Paddy Power Betfair PLC (Ireland), Ladbrokes Betting & Gaming Ltd.(UK), 888 Holdings PLC (UK), Bet-at-home.com (UK), Betfair Group plc. (UK), Bwin. Party Digital Entertainment (Austria), William Hill Plc (UK), bet365 (UK), Scientific Games (US), VGC Holdings PLC (Isle of Man), Betway (Europe), Spin Inc. (US), and Royal Panda (Europe).
The global online gambling market can be segregated on the basis of device type, end-user, game type, and regions.
On the basis of device type, the global online gambling market can be classified into mobile and desktop.
On the basis of end-users, the global online gambling market can be classified into social exuberant, gambling enthusiasts, and dabbles.
On the basis of game type, the global online gambling market can be classified into the casino, betting, poker, online bingo, lottery, and others.
On the basis of region, the global online gambling market can be classified into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/online-gambling-market-8641
The geographical analysis of Asia-Pacific, North America, Europe, the Middle East & Africa, and South America has been conducted. As per the analysis by the MRFR, Europe dominates the global market in terms of market share since the companies established in the region are technically advanced. Besides that, governments of the region have implemented supportive rules and regulations, which further propels the market. Additionally, the largest global online gambling companies are situated in the European region. On the other hand, the APAC region is estimated to record the highest CAGR during the forecast period. There has been sudden popularity of mobile gambling and an increase in foreign investment, which further propels the APAC market.
However, there has been a change in market dynamics due to the outbreak of COVID-19. The countries which have benefitted during the pandemic are Spain, Italy, the Philippines, the US, India, and Georgia.
The Ukrainian court has ordered internet service providers (ISPs) to block access to 59 online gambling websites based on the evidence provided by the Security Service of Ukraine (SBU).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)