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The Global Gambling Market is expected to grow by $260.44 bn during 2023-2027, accelerating at a CAGR of 7.1% during the forecast period

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Reportlinker.com announces the release of the report “Global Gambling Market 2023-2027”.

Our report on the gambling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing betting on e-sports, the high penetration of smartphones, and reduced stringency in government regulations.

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The gambling market is segmented as below:

By Type

  • Lottery
  • Betting
  • Casino

By Platform

  • Offline
  • Online

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa

This study identifies the introduction of bitcoin gambling as one of the prime reasons driving the gambling market growth during the next few years. Also, the use of AI in online gambling and the emergence of VR as a cure for a gambling addiction will lead to sizable demand in the market.

The analyst presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters. Our report on the gambling market covers the following areas:

  • Gambling market sizing
  • Gambling market forecast
  • Gambling market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gambling market vendors that 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. Also, the gambling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

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Central America

Continent 8 Technologies expands with strategic sales professionals focusing on South/Central American markets

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Sebastian Fernandez and Luana Monje join the global digital infrastructure provider to drive further strategic efforts in the region

Continent 8 Technologies continues to grow its global commercial team following the appointment of Sebastian Fernandez and Luana Monje as Sales Executives.

Sebastian will be based out of Buenos Aires in Argentina and joins Continent 8 from IT giant Dell Technologies, where he spent more than 12 years across several roles including a Senior Systems Engineer and most recently Account Executive.

Luana comes to Continent 8 from AWS (Amazon Web Services) where she held the role of Demand Generation Representative. Based in Sao Paulo, Brazil, she has a deep understanding of the region which has just passed legislation to legalise online sports betting and casino.

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Both Sebastian and Luana will be responsible for nurturing relationships with Continent 8’s existing Latin American customers, helping them to maximise the potential of its solutions and services from cloud hosting and connectivity to layered cybersecurity.

They will also support new customers looking to make a move in the region, particularly Brazil which is expected to generate approximately $2.6bn per year (gross gaming revenue) by 2026 according to KPMG. Continent 8 will be live in Brazil to support customers with its full suite of solutions in the coming months.

Brian Koh, Chief Commercial Officer at Continent 8 Technologies, said: “I would like to extend a very warm welcome to Sebastian and Luana who join Continent 8 at a pivotal time for the LATAM gambling market.

“Latin America is a thriving market with a lot of latent potential, something that the opening of Brazil will help to unlock. We are well positioned to help customers looking to launch into this market, and Luana will undoubtedly play a significant role in ensuring they go live with the best infrastructure and security in place.”

Sebastian Fernandez, Sales Executive at Continent 8 Technologies, added: “I’m excited to be joining the Continent 8 team and to bring over a decade of IT experience to this role. This is an incredibly exciting region with huge potential on the table, but organisations must have the right infrastructure in place if they are to maximise the opportunity. This is something that Continent 8 is renowned for, and we look forward to working with businesses across the region.”

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Luana Monje, Sales Executive at Continent 8 Technologies, added: “I couldn’t ask for a better start to the year. I look forward to sharing my AWS expertise and knowledge of the LatAm market with the team and of course our customers.”

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FC Porto and Betano Open New Sensory Room at Dragão Stadium

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FC Porto has taken a new step in making the Dragão stadium more inclusive for everyone, as last Saturday it introduced a new sensory room in partnership with Betano, the club’s main sponsor. The sensory room is called INZONE and it is addressed to neurodivergent people, individuals with difficulties in processing sensory information (System Spectrum Disorder, Autism, Sensory Processing Dysfunction, Intellectual Deficit, Mental Health Illness). INZONE is a space that aims to make the football experience more accessible, as it allows watching games in a controlled environment, which minimises sensory overload experiences.

This is FC Porto’s latest of many initiatives that promote inclusiveness in football. In the same direction, the club has introduced audio-descriptive commentary, the transmission of the club’s anthem in English sign language on the stadium screens and the application of the ColorAdd code.

Built in partnership with Betano and the School of Health of the Polytechnic Institute of Porto (Escola Superior de Saúde do Politécnico do Porto), INZONE consists of three stages. The first stage, which is the sensory room itself, provides neurodiverse fans with privacy and control over all sensory stimuli. The second stage reduces control and gradually prepares them for the third stage, INZONE’s ultimate goal, which is to enable the integration of these people and their families in the stadium stands along with the other fans.

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“It is a great honour for us at Kaizen Gaming and Betano, to launch this initiative that creates a more inclusive environment for people with sensory challenges. The new sensory room at the Dragão stadium is a significant step towards social integration and diversity. With the invaluable support of the President of FC Porto and in collaboration with the School of Health of Porto, we have created a safe and calming space. At Kaizen Gaming, we are committed to continuously supporting initiatives that promote social awareness and equality for all. We thank FC Porto for their collaboration and for the opportunity to contribute to the creation of a world that accepts and supports social inclusion,” Panos Konstantopoulos, President of Kaizen Foundation, said.

The newly founded Kaizen Foundation is a charitable organisation funded by Kaizen Gaming.

“FC Porto has been carrying out work around sustainability and, more specifically, inclusion, which I am very proud of and which has been described as being a point of reference. This is another step we are taking in partnership with Betano and the School of Health of the Polytechnic Institute of Porto, which allows us to equip the Dragão Stadium with amenities that did not exist before that make us more inclusive and prepared to welcome all Porto fans,” Jorge Nuno Pinto da Costa, President of FC Porto, said.

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Balkan's

FK Partizan Signs Sponsorship Contract with MaxBet

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FK Partizan has signed a 3-year general sponsorship contract with MaxBet company followed by official ceremony staged at Sava Centre.

In January, MaxBet became part of Flutter International, parent company of international brands and operations such as PokerStars, Sisal, Adjarabet, BetFair International or Junglee Games.

Flutter International is part of Flutter Entertainment, international sports betting and gambling company present at more than 100 international markets with more than 24,000 employees around the world and over 40 licences.

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MaxBet General Director Savo Bakmaz and FK Partizan General Director Milos Vazura addressed guests and media representatives, revealing the details of the project and underlining this is the first big sponsorship in the world of sport since MaxBet joined Flutter International in January 2024.

Moreover, there was a live auction of first Partizan shirt with the MaxBet logo, signed by Partizan players and sold for 260,000RSD.

Proceeds from the auction will be forwarded to Budi Human charity, namely little girl Helena Gavran for her hydrocephalus treatment.

The event ceremony and the introduction of the new general sponsor was attended by Milorad Vucelic, Milos Vazura, Igor Duljaj, Milorad Nikolic, Dragan Velanac, Zarko Zecevic and many other past and present FK Partizan players and personnel.

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