The Business Research Company’s gambling global market report, covers the year-on-year growth of the global Gambling market historic and forecast growth. It also includes chapters on the Gambling market trends, geographical analysis, and competitive landscape.
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The global gambling market size is expected to increase by 2021, significantly growing at a CAGR of around 7% during the forecast period.
Gambling Market Trends:
The gambling services market consists of sales of gambling services and related goods by entities (organizations, sole traders and partnerships) that operate gambling facilities, such as casinos, bingo halls, video gaming terminals, lotteries, and off-track betting. Bingo parlors, coin-operated gambling device concession operators, bookmakers, lottery ticket sales agents, and card rooms are also included in this market. Revenues in this market include the margins made on the amounts gambled but not those amounts themselves.
Gambling market has set a new trend of game content through socialization and mobilization. Players use social networks and mobile gadgets to play which helps in cash-less transactions. This has boosted the interaction and communication among people through social games. Also new regulatory acts adopted by many countries paved favorable conditions for the growth of gambling market. For instance, Free To Play format games are a big hit, which draws more people to join online gambling industry.
The global Gambling market is primarily driven by rise in disposable income, growing population, increased global economic activity, and rise in disposable income growing tourism.
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The global Gambling market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With the increase in tourism and decreased government interventions in recent years, the global Gambling market is expected to increase in potential and scope. TBRC’s report also covers the Gambling drivers and restraints in the market.
The global Gambling market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global Gambling market report are William Hill, MGM Resorts, Las Vegas Sands, Paddy Power, Betfair Entertainment.
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