Canada
Mexico Gambling Markets Report 2021 Featuring 1xBet, Bet365, Caliente Casino, Codere Group, Intertops, Interwetten, & Winland Group
The “Mexico Gambling Market (2020-2026): Market Forecast by Product Type (Betting, Casino, Lottery & Others (Poker, Bingo, Etc), by Channel Type (Online, Land-Based) and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
Mexico Gambling Market is anticipated to grow with a CAGR of 33% during 2020-2026.
The Mexico gambling market has been growing significantly owing to the changing lifestyles and rise in purchasing power of consumers. The increasing adoption of smartphones and rising penetration of the internet which provides easy access to online casino gaming platforms are also driving the market. The outbreak of the COVID-19 pandemic led to a decrease in market revenues in the year 2020 owing to the closing of land-based gambling platforms due to the pandemic. However, the market is expected to register growth in the forecast period.
Although COVID-19 led to a decrease in the market revenue of land-based casinos, it had a positive impact on online gambling platforms. As customers could not step out of their houses during the lockdown, many of them started using online gambling platforms as a leisure activity. Factors such as increasing internet penetration and availability of cost-effective mobile applications contributed to this trend.
Moreover, increasing digitalization coupled with secure digital payment options is also some factors contributing to the online gambling market growth. The market is further expected to gain momentum over the forecast period attributed to the rising use of digital currency and websites provided by companies for betting and gambling.
The casino segment has been dominating the market and is expected to register growth in the future. By channel type, the gambling market is segmented into online and land based. The land-based segment is dominating the market currently, but the online segment is expected to register maximum growth in the forecast period.
The Mexico gambling market report thoroughly covers the market by product type and channel type. Mexico gambling market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Historical Data and Forecast of Mexico Gambling Market Revenues, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Gambling Market Revenues, By Product Type, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Gambling Market Revenues, By Channel Type, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Online Gambling Market Revenues, By Types, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Land Based Gambling Market Revenues, By Types, for the Period 2016-2026F
- Market Opportunity Assessment by Product Type
- Market Opportunity Assessment by Channel Type
- Market Drivers and Restraints
- Market Trends
- Competitive Benchmarking
- Key Strategic Recommendations
Key Topics Covered:
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Mexico Gambling Market Overview
3.1 Mexico Gambling Market Revenues, 2016-2026F
3.2 Mexico Gambling Market-Industry Life Cycle
3.3 Mexico Gambling Market-Porter’s Five Forces
4. Mexico Gambling Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Mexico Gambling Market Trends
6. Mexico Gambling Market Overview, By Product Type
6.1 Mexico Gambling Market Revenue Share, By Product Type
6.2 Mexico Gambling Market Revenues, By Product Type, 2016-2026F
6.2.1 Mexico Gambling Market Revenues, By Betting, 2016-2026F
6.2.2 Mexico Gambling Market Revenues, By Casino, 2016-2026F
6.2.3 Mexico Gambling Market Revenues, By Lottery, 2016-2026F
6.2.4 Mexico Gambling Market Volume, By Others, 2016-2026F
7. Mexico Gambling Market Overview, By Channel Type
7.1 Mexico Gambling Market Revenue Share, By Channel Type
7.2 Mexico Gambling Market Revenues, By Channel Type, 2016-2026F
7.2.1 Mexico Gambling Market Revenues, By Online, 2016-2026F
7.2.2 Mexico Gambling Market Revenues, By Land-Based, 2016-2026F
8. Mexico Online Gambling Market Overview, By Types
8.1 Mexico Online Gambling Market Revenue Share, By Types
8.2 Mexico Online Gambling Market Revenues, By Types, 2016-2026F
8.2.1 Mexico Online Gambling Market Revenues, By Betting, 2016-2026F
8.2.2 Mexico Online Gambling Market Revenues, By Casino, 2016-2026F
8.2.3 Mexico Online Gambling Market Revenues, By Lottery, 2016-2026F
8.2.4 Mexico Online Gambling Market Revenues, By Others, 2016-2026F
9. Mexico Land-Based Gambling Market Overview, By Types
9.1 Mexico Land-Based Gambling Market Revenue Share, By Types
9.2 Mexico Land-Based Gambling Market Revenues, By Types, 2016-2026F
9.2.1 Mexico Land-Based Gambling Market Revenues, By Betting, 2016-2026F
9.2.2 Mexico Land-Based Gambling Market Revenues, By Casino, 2016-2026F
9.2.3 Mexico Land-Based Gambling Market Revenues, By Lottery, 2016-2026F
9.2.4 Mexico Land-Based Gambling Market Revenues, By Others, 2016-2026F
10. Mexico Gambling Market Key Performance Indicators
11 Mexico Gambling Market Opportunity Assessment
11.1 Mexico Gambling Market, Opportunity Assessment, By Product Type, 2026F
11.2 Mexico Gambling Market, Opportunity Assessment, By Channel Type, 2026F
11.3 Mexico Online Gambling Market, Opportunity Assessment, By Type, 2026F
11.4 Mexico Land-Based Gambling Market, Opportunity Assessment, By Type, 2026F
12. Mexico Gambling Market Competitive Landscape
12.1 Mexico Gambling Market Competitive Benchmarking
12.1.1 Mexico Gambling Market Competitive Benchmarking, By Technical Parameters
12.1.2 Mexico Gambling Market Competitive Benchmarking, By Operating Parameters
13. Company Profiles
- 1xBet
- Bet365
- Caliente Casino
- Codere Group
- Intertops
- Interwetten
- Winland Group
For more information about this report visit https://www.researchandmarkets.com/r/jxln8h
ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.
ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.
ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.
Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
BCLC
INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform
INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.
The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.
INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.
Relax Gaming, the iGaming aggregator and supplier of unique content, has significantly enhanced its presence in the Ontario market through an agreement with leading Canadian operator, PointsBet.
This partnership reinforces Relax Gaming’s aim to become a standout provider across North America, having already gained early success in Ontario. Relax became one of the first suppliers to deliver content to the region’s players in March 2022, debuting with over 120 games across multiple operators.
PointsBet pride themselves as one of Canada’s leading operators offering unmatched speed, ease of use, and a comprehensive array of pre-game and in-play sports betting options. This is complemented by a top-tier online casino which will now be boosted with the integration of Relax’s portfolio of slots and live dealer options.
With its authentic Canadian approach, PointsBet prioritises technology that minimises external dependencies to maintain control over its platform and has a commitment to responsible gambling best practices, ensuring a safe and secure environment for all players.
Martin Stålros, CEO at Relax Gaming, said: “Since we launched in Ontario we have enjoyed tremendous success, with our content hitting the sweet spot for the broad range of players in the Canadian province. This partnership with PointsBet will strengthen our presence in the market as the region’s leading operator integrates our rich content portfolio which will engage its player base.”
Scott Vanderwel, Chief Executive Officer at PointsBet, added: “Relax Gaming has established a strong reputation across North America and in Ontario in particular. The impressive range of content that will be integrated into our platform will increase engagement within our online platform and we are delighted to be able to provide more immersive experiences to our audiences.”
Established as one of the industry’s leading B2B suppliers, Relax Gaming was awarded GGA’s Product Launch of the Year in February 2023 for Dream Drop Jackpots. Money Train 3 names the 2023 CasinoBeats Game Developer Awards amongst its 6 Slot of the Year titles, while the brand also won the award for Skill Games Supplier at the 2023 EGR B2B Awards along with the Innovation in Mobile award at the 2023 SBC Awards.
Relax Gaming provides more than 4,000 online casino games, from its high-performing proprietary slots to a significant, varied library of content from hand-picked third-party studios via its partnership programmes.
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