The 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 the online gambling industry.
THE BUSINESS RESEARCH COMPANY VALUED THE GLOBAL GAMBLING MARKET AT $207
BILLION IN 2017
Asia Pacific was the largest geographic region in the
gambling market in 2017, accounting for more than two-fifth of the market. The USA
was the largest country accounting for more than one-third of the global
gambling market.
Read report:
The chart below shows the year-on-year growth of the
global gambling market during 2017 – 2021.
According
to The Business Research Company’s Consultant, Oliver Guirdham, since 95% of the transactions in gaming are
in cash, casinos are increasingly adopting cashless methods of payment as an
alternative to cash. With cashless systems, banknotes are replaced by special
gaming tickets or cards. These gaming tickets are compatible with video poker
and slot machines that can be used to collect more customer data and to
understand the purchasing pattern of customers. Many casinos in Las Vegas are
using cashless payment systems such as ticket voucher systems and casino club
cards.
Sample report:
William Hill was the biggest player in the gambling
market, with revenues of $1.9 billion (1.6 billion GBP) in 2016.
The gambling market is segmented into Casino;
Lotteries; Sports Betting; and Others.
Casino
comprises establishments primarily engaged in operating gambling facilities
that offer table wagering games along with other gambling activities, such as
slot machines. These establishments often provide food and beverage services.
Lotteries
comprises establishments primarily engaged in operating gambling facilities
like lotteries (except casinos or casino hotels) or providing gambling
services.
Sports betting
is the term used for the betting action involved with the prediction of a
sporting event and placing a wager on the outcome of that event in order to win
money. It involves wagers being placed on football, basketball, baseball,
hockey, rugby, boxing, horse racing, car races, tennis, and more.
Others
comprises establishments primarily engaged in operating gambling facilities
(except casinos or casino hotels) or providing gambling services.
Gambling Global Market Report 2018 is a detailed report
giving a unique insight into this market. The report is priced at $4000 for an
individual user. To use across your office, the price is $6000 and $8000 if you
wish to use across a multinational company.
About The Business Research Company
The Business Research Company is a market research and
intelligence company, which excels in company, market and consumer research. It
has research professionals at its offices in the UK, India and the US as well a
network of trained researchers globally. It has specialist consultants in a
wide range of industries including manufacturing, healthcare, chemicals and
technology.
Contact
Information.
The Business Research Company
Europe: +44 207 1930 708
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Americas: +1 315 623 0293
Email: info@tbrc.info
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