The global online gambling & betting market is expected to register significantly high growth in the forecoming years. Major factors driving growth of the global online gambling & betting markets is increasing penetration of smart phone and internet. Further, other factors such as rising urbanization & disposable incomes, integration of live streaming with online gambling, and development of online gambling & betting sites with advanced technology as per the requirement are driving the growth of the global online gambling & betting market.
The global online gambling & betting market report has been segmented on the basis of gaming type, device type, and region.
On the basis of type, the global online gambling & betting market has been segmented into poker, casino, social gaming, lottery, bingo, sports betting, and fantasy sports.
On the basis of device type, the global online gambling & betting market has been segmented into desktop, mobile, and tab.
On the basis of region, the global online gambling & betting markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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In 2018, Europe is expected to dominate the global online gambling & betting market, presence of major player offering online gambling & betting and increasing demand for online gaming platform in this region. In contrast, Asia Pacific is expected to register highest CAGR during the forecasted period, due to availability of foreign gambling & betting sites with attractive offers and growing trust in using online gambling & betting sites across the countries in this region.
Key players operating in the global online gambling & betting market includes, The Stars Group, Fortuna Entertainment Group, Paddy Power Betfair plc., GVC Holdings Plc., Kindred Group, Interactive Entertainment AG, Betsson Group, Ladbrokes Coral Group Plc., William Hill Plc., and Playtech Plc.