The world’s gambling market: facts and figures in the “Research and Markets” report

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The Worlds Gambling Market Facts and
Figures in the Research and Markets report
The marketing research agency Research and Market
s provided the report on the state and trends of
world gambling.
The report named Global Online Gambling
Market??by Type, Device, Regions??Market
Size, Demand Forecasts, Industry Trends
and Updates (20142020) was published by
Research and Markets company.
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• The document description consists of some facts
  and figures which allow drawing a conclusion
  about the gambling industry in the world
• the market was USD 35.97 billion in 2014 and is
  estimated to reach USD 66.59 billion by
  2020, at the compound annual growth rate of
  10.81
• online gambling includes activities like sports
  betting, bingo, casino, lotteries, and poker.
  Sports betting and casinos make the largest
  amount of money
• the use of mobile devices for online
  gambling purposes is increasing
• online gambling has been legalized in
  80 countries. The largest market is Europe.
  In the Asia Pacific region, the online gambling
  sector has not grown much, because
  there are countries (like Singapore, China,
  South Korea) where the online gambling is
  illegal. While in the USA, this market will grow
  due to the states of America where, as is
  expected, online gambling is going to be
  allowed some states are going to adopt
  their regulations because of perspectives of
  growth of tax revenues. In Africa, there
  are no plans to legalize online gambling yet

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• despite the growth in the online gambling
  segment, the land- based casino market is ahead
  of it
• in some regions, the development of online
  gambling industry is constrained by strict rules
  regulating the market
• the use of virtual money gives a
  possibility to play without leaving home, that
  is a powerful factor positively influencing the
  development of online games.
• The authors of the document state that the
  online gambling market has not reached the
  stage of maturity yet, but it is expected in the
  near future.
• Research and Markets is the worlds
  largest market research resource, which has
  a wide database of market research reports
  incorporating all niche and top industries.