Connect with us

Latest News

Worldwide Online Gambling Industry to 2030 – Major Players Include 888 Holdings, William Hill and Paddy Power Among Others

Published

on

Reading Time: 6 minutes

 

The “Online Gambling Global Market Report 2021: COVID-19 Growth and Change to 2030” report has been added to ResearchAndMarkets.com’s offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global online gambling market.

This report focuses on the online gambling market which is experiencing strong growth. The report gives a guide to the online gambling market which will be of significance over the next ten years and beyond, including the market’s response to the challenge of the global pandemic.

The global online gambling market is expected to grow from $64.13 billion in 2020 to $72.02 billion in 2021 at a compound annual growth rate (CAGR) of 12.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $112.09 billion in 2025 at a CAGR of 12%.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Where is the largest and fastest growing market for the online gambling? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Online Gambling market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider online gambling market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
  • The online gambling market section of the report gives context. It compares the online gambling market with other segments of the online gambling market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, online gambling indicators comparison.

Major players in the online gambling market are 888 Holdings PLC, Bet365 Group Ltd., Betsson AB, William Hill PLC, GVC Holdings PLC, Kindred Group PLC, Sky Betting & Gaming, Stars Group Inc., Ladbrokes Coral Group PLC and Paddy Power Betfair PLC.

The online gambling market comprises of revenue generated by remote gaming activities by means of the internet using desktop and mobile devices. The market includes gambling establishments developing online sports betting, casino, bingo, lotteries, and poker games, among others.

The online gambling laws vary wildly from one region to other. Most countries have their own local laws that deal with the relevant legal and regulatory issues. Countries such as the USA, have much more complex gambling regulatory process. Moreover, in countries like India, gambling is under strict control. With each individual country enacting different gambling laws, it’s tough to be familiar with them all. Nevertheless, all gambling sites should be compliant with any laws that they are subject to, to ensure gambling sites are operated lawfully, ethically, and are safe. The established and reputable licensing authorities impose a strict code of conduct on the licensees, who have to adhere to the necessary regulations if they are to maintain their licenses. The strict and varying laws across the countries are likely to challenge the market growth.

Technologies such as Blockchain, IoT and VR are changing everything in every field including online gambling. Virtual Reality and VR Headsets have gained a lot of popularity in recent years and are revolutionary addition to the world of online gambling. With VR, one can actually enter into a virtual casino and play all the games without having to travel. However, fraud and cheating were majorly concerning the users in online gambling. A lot of online casinos and online gambling sites have been accused of not being transparent and hiding their internal workings and the methods for their dealings. These concerns can be addressed using blockchain technology. With blockchain technology, everyone will be able to see exactly what is going on behind the scenes. Games such as SlotsMillion, Casino VR Poker, and The Gear that are played through VR are engaging the customers and are shaping the online gambling industry.

Increasing adoption of smartphones with improved internet accessibility is driving the online gambling market. Globally, the average use of mobile devices compared to desktop computers or laptops is significantly greater. In most countries, the mobile users account for about 80% of all users in the online gambling industry. According to the study published on the Rub90 portal, the share of gamblers preferring smartphones to participate in gambling grew by 117% between 2012 and 2018. According to the report Gambling participation in 2019: behavior, awareness and attitudes, 18% of the respondents gambled online at least once while 21% of the respondents gambled in 2019. According to Cisco company annual report, globally, the total number of Internet users is projected to grow from 3.9 billion in 2018 to 5.3 billion by 2023 at a CAGR of 6 percent, and Smartphones will grow at a 7 percent CAGR. This in turn is expected to drive online gambling market.

In January 2019, MRG (Mr Green Ltd) was acquired by one of the world’s largest betting and gaming companies William Hill PLC for $321.22 million. Following the acquisition of MRG by William Hill PLC, the MRG brands will be part of the William Hill. Mr Green Ltd., is an online gambling company.

Key Topics Covered:

1. Executive Summary

2. Online Gambling Market Characteristics

3. Online Gambling Market Trends and Strategies

4. Impact of COVID-19 on Online Gambling

5. Online Gambling Market Size and Growth
5.1. Global Online Gambling Historic Market, 2015-2020, $ Billion
5.1.1. Drivers of the Market
5.1.2. Restraints on The Market
5.2. Global Online Gambling Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers of the Market
5.2.2. Restraints on the Market

6. Online Gambling Market Segmentation

7. Online Gambling Market Regional and Country Analysis
7.1. Global Online Gambling Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Online Gambling Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

8. Asia-Pacific Online Gambling Market

9. China Online Gambling Market

10. India Online Gambling Market

11. Japan Online Gambling Market

12. Australia Online Gambling Market

13. Indonesia Online Gambling Market

14. South Korea Online Gambling Market

15. Western Europe Online Gambling Market

16. UK Online Gambling Market

17. Germany Online Gambling Market

18. France Online Gambling Market

19. Eastern Europe Online Gambling Market

20. Russia Online Gambling Market

21. North America Online Gambling Market

22. USA Online Gambling Market

23. South America Online Gambling Market

24. Brazil Online Gambling Market

25. Middle East Online Gambling Market

26. Africa Online Gambling Market

27. Online Gambling Market Competitive Landscape and Company Profiles
27.1. Online Gambling Market Competitive Landscape
27.2. Online Gambling Market Company Profiles
27.2.1. 888 Holdings PLC
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Bet365 Group Ltd.
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Betsson AB
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. William Hill PLC
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. GVC Holdings PLC
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers and Acquisitions in the Online Gambling Market

29. Online Gambling Market Future Outlook and Potential Analysis

30. Appendix

Continue Reading
Advertisement

Gambling in the USA

Gaming Americas Weekly Roundup – August 11-17

Published

on

gaming-americas-weekly-roundup-–-august-11-17
Reading Time: 2 minutes

Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

AU10TIX announced the launch of a free Child Safety Age Assurance Risk and Readiness Assessment and Age Assurance Readiness Guide designed to help businesses better understand their risk and tailor their strategy to meet regulatory obligations. They support AU10TIX’s Selfie-based Age Estimation service, which delivers the industry’s most precise and unbiased age assessment in just two seconds. In the US, federal legislation such as the Children’s Online Privacy Protection Act (COPPA) requires parental consent for users under 13, while the California Consumer Privacy Act mandates age verification for websites accessed by users under 16. Additionally, 19 U.S. states now enforce mandatory age checks for adult content and gambling platforms. Similar regulations are impacting social media and online services in the UK, EU and Australia.

Caesars Entertainment has launched its third fully in-house developed proprietary online casino title: Signature American Roulette. Now live in New Jersey, the game is available across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino, bringing another standout addition to the Company’s Signature table game series. Developed by Empire Creative, Signature American Roulette reflects Caesars’ growing investment in building its own proprietary content, a cornerstone of its online casino strategy aimed at delivering a best-in-class player experience. Signature American Roulette follows the recent launches of fan-favourite Signature titles, Caesars Palace Signature Multihand Blackjack Surrender in May and Signature Blackjack Surrender in June, both also developed by Empire Creative.

Novig announced the successful close of an $18 million Series A funding round. The round was led by Forerunner, with participation from existing investors Y Combinator, NFX, Perceptive Ventures and Gaingels. Founded by Jacob Fortinsky and Kelechi Ukah, Novig is reimagining sports predictions as a transparent and fair marketplace. Unlike traditional sportsbooks, Novig allows users to trade directly with one another, rather than against the house, eliminating hidden fees, biased odds and the risk of being penalised for winning.

Partnerships

IGT announced that it has secured a multi-year sports betting technology and services agreement with Hipodromo de Agua Caliente SA de CV and Distribuidora Internacional de Equipos de Juego, S. De R.L. De C.V. that will significantly extend IGT PlaySports’ footprint to Mexico and Latin America via Corporación Caliente. Per the agreement, 42 Caliente sportsbooks in Mexico will leverage the IGT PlaySports platform and services from the Company’s Trading Advisory Services Team. Through a phased rollout, Caliente will also be able to provide select sportsbooks operators throughout Latin America access to IGT PlaySports’ technology, extending the technology’s reach to more than 100 additional venues across eight countries.

CT Interactive has announced a strategic partnership with Ondiss. Through this collaboration, CT Interactive’s top-performing titles are now integrated into the Ondiss platform, significantly expanding the company’s reach within the region’s regulated iGaming market. This integration adds value to the broad Argentine audience of Casino & Hotel Casino Magic S.A., which successfully uses the Ondiss platform. With CT Interactive’s certified and player-favourite content now available, operators on the platform are empowered to diversify their offerings and meet the increasing demand for engaging, high-quality games.

The post Gaming Americas Weekly Roundup – August 11-17 appeared first on European Gaming Industry News.

Continue Reading

Latest News

Sportradar introduces next gen Bundesliga products

Published

on

sportradar-introduces-next-gen-bundesliga-products
Reading Time: 2 minutes

 

Bundesliga International is strengthening its longstanding agreement with Sportradar Group AG (NASDAQ: SRAD) to further enhance the viewing experience, accelerate innovation through new exclusive data, and deliver next-generation digital experiences for the betting and gaming market.

Sportradar’s partnership with Bundesliga International dates back to 2005. Utilising the 3.6 million data points from every Bundesliga match, and harnessing Sportradar’s proprietary technology, a suite of engaging products has been launched ahead of the start of the 2025-26 Bundesliga season, and available to Sportradar’s global client base. These include:  

Live Player Markets: Leveraging Bundesliga tracking data and Sportradar’s advanced AI capabilities in real-time will create approximately 240 additional opportunities to bet per match.  

4Sight Streaming:  Award-winning, next generation streaming technology allows betting operators to incorporate AI-driven animated overlays and actionable insights into a live stream, enriching the Bundesliga viewing experience by increasing understanding of live match action. 

Enhanced Live Match Tracker: Powered by tracking data and computer vision which keeps fans engaged and provides in-play betting opportunities directly within the betting app.

“We are thrilled to further deepen our collaboration with Bundesliga, one of the most popular football leagues in the world,” said Patrick Mostboeck, SVP Fan Engagement at Sportradar.

“Over the course of our nearly twenty-year relationship, we’ve worked together to develop some of the most innovative and engaging football solutions for fans across the globe. And we continue to work together to power new ways to engage audiences and deliver unmatched value to the global football ecosystem.” 

With coverage of more than 150,000 matches annually across 900+ football leagues, as industry leaders Sportradar offers the industry’s deepest and most comprehensive football portfolio.

“The Bundesliga is always looking to innovate and, working with Sportradar, we lead the way when it comes to enhancing our media product for the betting and gaming industry,” said Peer Naubert, Chief Executive Officer of Bundesliga International. 

“This long-term relationship lays the foundation for creating new ideas and staying ahead of the curve, and we’re excited to see the fruits of that labour come to life with this latest launch.”

The post Sportradar introduces next gen Bundesliga products appeared first on European Gaming Industry News.

Continue Reading

Industry Awards

Vixio Announces the Finalists for the 2025 Global Regulatory Awards

Published

on

vixio-announces-the-finalists-for-the-2025-global-regulatory-awards
Reading Time: 3 minutes

 

Vixio, a leading provider of regulatory intelligence solutions, has unveiled its 2025 Global Regulatory Awards (GRAs) shortlist.

Now in their ninth year, the GRAs continue to recognise and celebrate the achievements of individuals, teams, and organisations in the gambling industry that have excelled in compliance, corporate social responsibility, and safer gambling. This year’s awards shortlist features 21 award categories, over 190 finalists and more than 100 unique organisations represented. “Congratulations to all of this year’s finalists. Achieving a place on the shortlist is no small feat, especially in our most competitive year yet. The continued growth of the GRAs reflects how seriously the industry takes compliance and the ongoing drive for excellence in this field,” stated Mike Woolfrey, CEO of VixioWoolfrey added: “Our thanks go to the judging panel for their diligent and independent evaluation, which ensures the integrity of these awards. We look forward to celebrating with so many of you in November.”

The 2025 GRA presentation will take place on November 19, 2025, at the Grand Connaught Rooms in London. Due to the event’s popularity, the remaining tables will sell out fast. Vixio strongly advises booking now to ensure you don’t miss out. You can now secure your table online in minutes using Vixio’s quick and easy booking portal. Additional information on table bookings can be found here.

The GRAs 2025 shortlist is as follows:

 

AML or MLR Professional of the Year
1 Carlos Suárez, Catena Media
2 Cecile O’Connell, LeoVegas
3 Dave Foppert, DraftKings
4 Eleni Panagiotopoulou, SOFTSWISS
5 Georgi Iliev, Delasport
8 Kate Faulkner, BoyleSports
Award for Commitment to Compliance by a Supplier
1 BETBY
2 Digitain
3 Docaposte
4 GBG
5 GeoComply
6 GeoLocs by mkodo
7 Kambi
8 OpenBet
9 Play’n GO
10 Pragmatic Solutions
11 Soft2Bet
12 Wazdan
Award for Commitment to Compliance by an Operator Sponsored by: Gaming Associates
1 Betinia
2 CampoBet
3 DraftKings
4 Genting Casinos
5 LeoVegas
6 Tipico Games
 

Chief Compliance Officer of the Year

Sponsored by: eCOGRA

1 Abby Cosgrave, LeoVegas
2 Anton Sikström, Catena Media
3 Corinne Valletta, Betsson Group
4 Ed Bedrosian, Xpoint
5 Filippo Ferri, Delasport
6 Jennifer Aguiar, DraftKings
7 Lloyd Lemmon, Pragmatic Solutions
8 Ray Dunkle, Virginia Lottery
9 Sara Cass, IFX Payments
10 Sophie Bowler, Zodia Custody
11 Steve Richardson, Scientific Games
12 Tommaso Di Chio, Bragg Gaming
Compliance Innovator of the Year
1 BetComply
2 BizAcuity Solutions
3 GeoComply
4 Mindway AI
5 OneComply
6 OpenBet
7 Rightlander
8 Sharp Vision
9 Soft2Bet
10 Xpoint
Compliance Professional of the Year
1 Andrew Poole, Light & Wonder
2 Ardie Manuel, Virginia Lottery
3 Arshak Muradyan, Digitain
4 Bill Curtis, DraftKings
5 Christopher Lottering, Pragmatic Solutions
6 Denzil Mason, Genting Casinos
7 Jeremie Kanter, Continent 8
8 Jessica Feil, OpenBet
9 Juan Jose Daruich, Daruich
10 Martin Crowe, NexaCompliance
11 Ryan Farrah, LeoVegas
12 Tatevik Grigoryan, BetConstruct
Compliance Rising Star Special Award
1 Attila Hunter, Betika
2 Birgit Strauszberger, Greentube
3 Jasmine Yasin, Delasport
4 Kate Faulkner, BoyleSports
5 Kevin Kostreci, GLI
6 Kizzie Fenner, Evoke
7 Maša Tičar, Pragmatic Solutions
8 Medisha Moodley, Games Global
9 Robert Lo Giudice, BetMGM
10 Shacke Manukyan, BetConstruct
11 Sheena Patel, DraftKings
12 Vanessa Hurt, Paysafe
Compliance Team of the Year

Sponsored by: Docaposte

1 AGS
2 BetConstruct
3 Bragg Gaming
4 Continent 8
5 Delasport
6 Digitain
7 DraftKings
8 OpenBet
9 Playtech
10 San Manuel Tribal Gaming Commission
11 Scientific Games
12 Wazdan
Head of Regulatory Affairs or Government Relations of the Year
1 Carl Brincat, LeoVegas
2 Devon Dalbock, GLI
3 Emeline d’Ollone, Catena Media
4 Emőke Péter, Worldline
5 Filippo Ferri, Delasport
6 Hartwig Gerhartinger, Paysafe
7 Michael Karloutsos, Hard Rock International
8 Travis Foley, BMM Innovation Group
Legal Team of the Year
1 Alea
2 Altenar
3 Betika
4 Betsson Group
5 Bragg Gaming
6 Catena Media
7 Kambi
8 LeoVegas
9 Light & Wonder
10 OKTO
11 Paysafe
12 Virginia Lottery
Marketing Compliance Team of the Year

Sponsored by: White Bullet

1 BetMGM
2 Better Collective
3 Catena Media
4 Gentoo Media
5 LeoVegas
Outstanding Contribution to Safer Gambling
1 AiR HUB – UNLV International Gaming Institute
2 Betting and Gaming Council
3 Casino Guru
4 EPIC Global Solutions
5 Flutter Entertainment
6 GamProtect
7 Genting Casinos

The post Vixio Announces the Finalists for the 2025 Global Regulatory Awards appeared first on European Gaming Industry News.

Continue Reading

Trending