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

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The marketing research agency “Research and Markets” provided the report on the state and trends of world gambling. – PowerPoint PPT presentation

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


1
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.
2
  • 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

3
  • 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.
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