LONDON- (BUSINESS WIRE)-The gambling market size is expected to post a CAGR of close to 5% during the period 2019-2023, according to the latest market research report by Technavio. Gambling is one of the most essential industries of Macao. Over 58,000 people were employed in the gaming and gambling industry, and about 98 percent of them are working in casinos. Online Gambling Market Worth $102.97 Billion by 2025 CAGR: 11.5%: Grand View Research, Inc. PR Newswire SAN FRANCISCO, Aug. 27, 2019 SAN FRANCISCO, Aug. 27, 2019 /PRNewswire/ - The global. The growth of the gambling market share in North America can be attributed to factors such as the increasing demand for offline and online gambling games, rise in the number of mobile application. This report studies the Gambling market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's.

1. Gambling Market In The Us Statistics
2. Gambling Market Statistics Today
3. Gambling Market Statistics 2020
4. Gambling Market Statistics 2019
5. Gambling Market Statistics Definition

Before we do an in depth analysis, let’s first take a look at the bigger picture here – the numbers. In this article, we are going to focus on statistics for the online gambling industry. As usual, numbers involve a point of view, so when you glance through the rundown of worldwide gambling misfortunes for players, you’re likewise taking a gander at the betting successes for administrators. In light of that, here’s a breakdown of the ten best places for betting income dependent on players.

Online Gambling Statistics

It’s intriguing that Macau bests the rundown of per-person income. Yet Chinese citizens don’t enlist on our top review of betting misfortunes. Macau’s vacationer business has taken a hit as of late. However, tourists still guarantee Macau’s place on top.

Australia appears to display exceptional numbers when it comes to losses and accumulated revenue. At the moment, Australia owns greater number of slot machines than rivaling countries and honestly, it is quite surprising as the country has a population of 22 million.

The top 3 countries with highest gambling income around the world

With regards to betting, we’re all equivalent. Regardless of the games or country that we play in, the online casino always have higher chances to win, and it also doesn’t matter if we play in classic land-based gambling clubs or on the web. Similar to a pile of gambling club chips, a few nations have ascended higher than others in the course of the most recent years.

Through a mix of the guideline, compelling advancement and innovation, the UK, Australia, and Canada have risen as betting masters since the beginning of the 2000s. Presently home to a number of big players in the business, for example, Microgaming and Playtech, the accompanying three nations are top ones regarding notoriety and, obviously, numerical data.

Since the subsidence of 2008-2009, numerous nations have gone to betting as a method for reinforcing weak economies. Some have presented new administrative bodies or opened up their gambling business. Others have continued onward with authorized on the web and mobile betting to enable players to play wager at home. Now let’s take a look at the strategies of players that top all the gambling related incomes list in 2019 and find out what is it exactly that they do which makes them stand out from the competitors.

Macau

Greatest diversions: Casino

China has an on-off attitude towards betting. The Chinese government holds regular lotteries that serve its 1 billion occupants, yet most on the web and live betting is prohibited. The huge issue China has, or possibly its administration, is how to manage Macau.

Previously a Portuguese colony, Macau is currently a home to the most significant online casino gambling businesses around the world. It goes about as a Special Administrative Region in China. And keeping in mind that it’s not administered from Beijing, it has needed to persevere some heavyweight pressure from the government to get rid of betting income.

There are 38 clubs in Macau, including real activities from worldwide players like Sands and Wynn, and Melco Crown. Generally, in Macau, net gaming income (GGR) has been on the decay for a couple of years. A clampdown on money spilling out of China to Macau has prompted numerous club battling. Another bearing for the club into ‘mass market’ diversion may see an adjustment in Macau’s fortunes. Or else, VIPs and hot shots will keep on discovering new places to bet like Australia, Singapore, and the Philippines.

USA

Recreations: Poker, gambling clubs, sports betting, horse racing, lottery, Daily Fantasy Sports (DFS), bingo

Together with Macau, the United States of America drives the list in worldwide betting revenues, with the state of Nevada assisting with its ever-growing gambling club market. Majority of states in the US have restricted web-based betting, but many have authorized gambling clubs. Additionally, many US states hold regular lotteries.

In 2013, Delaware, New Jersey, and Nevada turned into the initial states to direct web-based gaming out of the blue. Nevada presently allows the works of online poker locales, while Delaware and New Jersey have legitimated online club and poker websites. Online sports betting, however, is banned all over.

Justifiably, Nevada drives the route with $11,123,830 in 2015 with regards to US club betting, according to the latest statistics on online gambling. On the other hand, New Jersey has suffered some bad hits. Parts of New Jersey such as Atlantic City have seen gambling clubs go fully bankrupt as its club income has dropped from $5.2 million during 2006 to $2.5 million in 2015.

New Jersey legitimized web-based betting in 2013 after the unwinding of web betting laws. The Division of Gaming Enforcement (DGE) manages legitimate web gaming in the Garden State.

Incomes have been on decline since web betting was legitimized in New Jersey. Be that as it may, in July 2016 in general web-based betting incomes rose to $16 million says the online gambling statistics report.

How it’s administered: Lotteries, sportsbooks, and gambling club are represented on a state-by-state format. Online sports betting is still restricted all over the US. However, the law is on the table for discussion with an ascent in prominence of DFS (Daily Fantasy Sports). Nevada and New Jersey have sanctioned regular online casino games, with some legitimate web-based betting. California and Florida have flourishing legitimate online poker ventures. In any case, the two states have opposed calls to authorize online poker. Pennsylvania as of late changed the two its property based and web-based betting markets.

Great Britain

Recreations: Sports betting, poker, lottery, bingo, horse racing, club, portable gaming, social gaming

One of the first betting markets and a pioneer with regards to guideline cordiality of the UK Gambling Commission, the UK has scored some fantastic income as of late. From the quantity of wagering venues to the general volume of the industry, the United Kingdom is, without a doubt, an incredible betting country.

The United Kingdom has online casino and poker and bingo rooms and a state-regulated lottery. The UK citizens are additionally permitted to bet real cash on portable and web-based betting sites.

Famous Gambling Games

Casino Games and Slots

Gambling club wagering typically involves a general “wagering” bunch that incorporates lottery and bingo. In any case, club betting had ascended to 35.1% in 2013 from 32% in 2007, according to the statistics on online gambling clubs.

As indicated by the most recent statistics on online gambling amongst the USA gambling club guests, almost half (48%) played slot games, while 16% and 6% playing blackjack and poker, respectively. Roulette represented only 5% of the prevalent play.

The development in mobile gambling and online slots has prompted some gigantic victors. Dynamic big stakes have been in charge of some groundbreaking successes, with gamblers bringing down rewards of $5-7 million in the previous couple of years.

Sports Betting

Sports betting is a billion-dollar worldwide industry. Be that as it may, the unregulated sports wagering industry in Asia implies the business, all in all, might really be worth a lot more. Illicit wagering crime groups in China and in other places have been in charge of fortunes being won and lost on games.

Controlled sports betting represented $58 billion in the worldwide market. Those numbers are set to rise over $77 billion during 2016. (Source: European Gaming and Betting Association).

Poker

Online poker has climbed since its blast in the mid-2000s. The elimination of US-confronting destinations has prompted a decrease in web traffic. Furthermore, even in regulated industries, online poker statistics are battling. The highest rewards keep on increasing, with the World Series of Poker headliner winner getting around $7-10 million. The most top online competitions draw in enough players to grant million-dollar first prizes.

Lottery

Lotteries are legitimate in numerous nations, even where customary wagering and club style betting is banned. The EGBA predicts an ascent in a lot of by and massive gaming on the web, from 2.4% in 2013 to 6% in 2018.

In the United Kingdom, the National Lottery fund-raises for charitable purposes just as allowing players to score huge rewards. Lottery prizes increased 22% somewhere in the range of 2012 and 2016, with £3.28 billion paid out in 2012 and £4.23 billion out of 2016.

Bingo

It’s assessed there are currently around 100 million online bingo players around the world, 70-80% of whom are ladies, generally matured somewhere in the range of 30 and 50. In 2015 yearly gross-gaming yield for the online bingo industry from UK clients along with £128.64 million, or 3% of the whole web-based betting piece of the pie.

In 2015, the yearly gross income for the online bingo market from United Kingdom clients was around £128.64 million or 3% of the whole web-based betting piece of the pie, says the annual statistics on online gambling.

Betting

As should be evident from the measurements, the betting business is presently flourishing. From live gambling clubs in Canada to the online economy in Spain, the quantity of players paying is unmistakably on the up.

Even though the worldwide retreat and administrative issues have made pieces of the betting business grow slower than anticipated in the course of the most recent decade, the global accounting report is still operating at a profit. Truth be told, as we head towards 2020, the approach of innovation, for example, portable gambling clubs, live seller diversions and, possibly, computer-generated reality, are taking yearly income to record levels.

Along these lines, regardless of whether you’re an administrator, a player or only somebody with a propensity for numbers, the betting business keeps on demonstrating that it’s a standout amongst the most energetic diversion economies on the planet.

The expected future trends in the worldwide gambling industry

There is no industry on the planet today that can coordinate the sheer development and drive of web-based betting. Over the globe, the event is grabbing hold, with more brands than any other time in recent memory viewing for player consideration and more individuals setting down bets accordingly.

Thinking about the present condition of world betting, everybody is currently looking to what’s to come. Be that as it may, – as most will as of now confirm – anticipating the eventual fate of the betting scene is no simple accomplishment. Making the circumstance a little brighter, we’ve separated the information to surrender you ahead on what’s to come.

Estimated value of the worldwide online casino market

What’s quickly evident is the surprising estimation of the gambling club market in 2017, with it’s anticipated esteem expected to be around $635 billion in the years to come. Drilling this detail further, it merits taking a gander at the 2 most important segments in club gaming’s development – those being the United States and the United Kingdom. In the US, experts anticipate money incomes to hit $21.14 billion, whereas in the UK betting income should hit $4 billion. These two statistics alone make up what ought to be a 5.7% development of the worldwide betting business sector before 2022

The development identified with online casino play, by and large, is gigantic, yet for all intents and purposes, the majority of this has happened in the online area. Land-based gambling club play is still concerning the downturn – separated from inside a couple of the specific regions – like it has been as of late. Considering that new online businesses continue to emerge, we can accept that online club industry will keep on predominating land-based activities.

Biggest gambling market

The biggest market for web-based betting is Europe, yet this most likely won’t seem like a shock to anybody. During 2015, the EU market was responsible for 47.6% of the €34.6 billion of worldwide internet gaming gross revenue (stakes small rewards) created. While the achievement of internet betting in Europe is entirely outstanding, what’s helping the mainland be viewed as a pioneer in betting is its dimension of advancement, mainly through the development of useful gambling club stages.

On the other hand, bearing in mind the fragile nature of EU legislative issues since Brexit, people started to ask questions about how new policies will affect betting in Europe in the upcoming years.

Highest increase rate in market share

Macau’s betting propensities have dependably been noticeable, with the measurements demonstrating that betting movement is just developing on Chinese shores. According to the newest statistics on online gambling, year-on-year month to month development in Macau gambling club income stays at an enduring 1.1%. This helps Macau to crush yearly focuses concerning gross gaming income.

As per current information dependent on the framework, appearance, and increasing spending, it could be around $53 billion by 2022. This information originates from a Morgan Stanley report titled “Macau 2022 – Power of Compounding”. In the story, the examiner states, “We figure the nature of development will be better, as more than 80 percent of the estimated benefit should originate from the mass market fragment. The 2018 opening of the Hong Kong-Zhuhai-Macau Bridge was an important foundation advancement, interfacing HK and Macau districts with the city of Zhuhai on territory China. The city’s Hengqin island likewise proceeded with its colossal advancement venture, with the point of making the whole associated district a world focus of relaxation, the travel industry, and gaming. We additionally believe that by 2022, there will be clarity around permit restoration, advancement, and framework incline.”

Fueled by stable and reliable development figures, Macau might be the central spot on the planet – barring Las Vegas – where land-based gambling club play is genuinely prospering, according to online gambling statistics.

Increasing market share of Australia

Taking a gander at the situation of worldwide betting nation by nation, the betting dimensions in the United States, United Kingdom, Japan, and China are as of now all around recorded. What won’t be so apparent is Australia’s come in the business’ development. Insights demonstrate that the ordinary misfortune per card games in Australia goes over the one in different countries, coming in at somewhat below $1,000. Singapore is second on that rundown, with the ordinary misfortune per grown-up approximately $640, says the newest online gambling statistics. With Australian citizens desiring to take part with better than standard measures of extra cash, Australia will have a task to carry out later on of online club gaming.

Closing the gap between the number of male and female gamblers

There is another primary consideration that should be tended to the outside of country-by-country advance, this showing the number of women starting on betting, as they are currently assuming a more interactive performance in net revenues than any other time in recent memory. Ladies presently represent around 40% of all betting movement in the UK, as indicated by information on the latest statistics for online gambling issued by UKGC.

Gambling Market In The Us Statistics

According to online gambling statistics, for ladies, amusements, for example, bingo have demonstrated continuously to be prevalent. However, it gives the idea that many are currently moving onto different recreations – explicitly spaces – as every year passes by.

LONDON--(BUSINESS WIRE)--The gambling market size is expected to post a CAGR of close to 5% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report

The high penetration of smartphones is one of the major reasons for market growth. The number of smartphone users is expected to cross 3.6 billion by 2023. This increase in smartphone penetration is attributed to the declining average selling price (ASP) of smartphones and developments in communication network infrastructure. Moreover, users are rapidly shifting from desktop to mobile devices for playing casino games. Smartphones are becoming one of the major platforms for online gambling as they provide ease of access to casino games and e-sports betting.

To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR32165

As per Technavio, the use of AI in online gambling will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Gambling Market: Use of AI in Online Gambling

Enterprises across various industries are implementing AI solutions to improve their business processes. Gambling operators are also incorporating AI technology into their online gambling websites to improve user experience. Land-based casino operators are using AI to analyze the risk appetite behavior of the users, find the most lucrative player, and predict the winners and losers during casino games. This helps in making the decision to provide incentives and freebies to users. Thus, the increasing use of AI is expected to drive market growth during the forecast period.

“Apart from the use of AI in online gambling, other factors such as the use of bitcoins in gambling, and the growing number of mergers and acquisitions will have a positive impact on the gambling market growth during the forecast period,” says a senior analyst at Technavio.

Register for a free trial today and gain instant access to 10,000+ market research reports.

Gambling Market Statistics Today

Gambling Market: Segmentation Analysis

This market research report segments thegambling marketby platform (offline gambling, and online gambling), type (lottery, betting, and casino), and geography (APAC, EMEA, North America, and South America).

The North American region led the market in 2018, followed by APAC, EMEA, and South America respectively. The growth of the gambling market share in North America can be attributed to factors such as the increasing demand for offline and online gambling games, rise in the number of mobile application platforms, and the increase in casinos, sports betting, online lottery, and online horse betting.

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Some of the key topics covered in the report include:

Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

• Regional comparison
• Key leading countries

Market Drivers

Gambling Market Statistics 2020

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

Gambling Market Statistics 2019

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Gambling Market Statistics Definition

If you are interested in more information, please contact our media team at media@technavio.com.