Online Gambling Global Market Report 2020-30: Covid 19 Growth and Change
May 2020
200
About the Report
About the Report
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 global online gambling market is expected to grow from USD 58.9 billion in 2019 and to USD 66.7 billion in 2020 at a growth rate of 13.2%. The growth is mainly attributed to COVID 19 due to which large population is confined to home during the lockdown and have free time to participate in several free and paid leisure activities including online gambling. The market is then expected to reach USD 92.9 billion in 2023 at CAGR of 11.64%.
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.
In January 2019, MRG was acquired by one of the world's largest betting and gaming companies William Hill PLC. Following the acquisition of MRG by William Hill PLC, the MRG brands are part of the William Hill offer alongside their sports-betting & casino brand William Hill and casino brand Euregrand.
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 United States, have a much more complex gambling regulatory process. Also in countries like India, gambling is under struct control. With each individual country enacting particular 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 even how one can gamble in an online casino. 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 was 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. This will help in preventing fraud and greatly increasing the trust people having these online gambling sites. These technologies, therefore, have biggest impact on the online gambling market.
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. The significant growth can be attributed to the availability of smartphones with online gambling apps coupled with high-speed mobile Internet coverage. The users need not attend computer clubs to play video slots or bet on sports events, but can obtain access to a gambling platform at any convenient place. 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.
Products
Products
1) By Game Type: Betting; Casino; Lottery; Poker; Online Bingo; Others 2) By Device: Desktop; Mobile; Others
Companies
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; Paddy Power Betfair PLC
Table of Contents
Table of Contents
1. Executive Summary
2. Online Gambling Market Characteristics
3. Online Gambling Market Size And Growth
3.1. Global Online Gambling Historic Market, 2015-2019, USD Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Online Gambling Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Online Gambling Market Segmentation
4.1. Global Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Betting
Casino
Lottery
Poker
Online Bingo
Others
4.2. Global Online Gambling Market, Segmentation By Device, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Desktop
Mobile
Others
5. Online Gambling Market Regional And Country Analysis
5.1. Global Online Gambling Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
5.2. Global Online Gambling Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
6. Asia-Pacific Online Gambling Market
6.1. Asia-Pacific Online Gambling Market Overview
6.2. Asia-Pacific Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
7. China Online Gambling Market
7.1. China Online Gambling Market Overview
7.2. China Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion
8. India Online Gambling Market
8.1. India Online Gambling Market Overview
8.2. India Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
9. Japan Online Gambling Market
9.1. Japan Online Gambling Market Overview
9.2. Japan Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
10. Australia Online Gambling Market
10.1. Australia Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
11. Indonesia Online Gambling Market
11.1. Indonesia Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
12. South Korea Online Gambling Market
12.1. South Korea Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
13. Western Europe Online Gambling Market
13.1. Western Europe Online Gambling Market Overview
13.2. Western Europe Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
14. UK Online Gambling Market
14.1. UK Online Gambling Market Overview
14.2. UK Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
15. Germany Online Gambling Market
15.1. Germany Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
16. France Online Gambling Market
16.3. France Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
17. Eastern Europe Online Gambling Market
17.1. Eastern Europe Online Gambling Market Overview
17.2. Eastern Europe Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
18. Russia Online Gambling Market
18.1. Russia Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
19. North America Online Gambling Market
19.1. North America Online Gambling Market Overview
19.2. North America Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
20. USA Online Gambling Market
20.1. USA Online Gambling Market Overview
20.2. USA Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
21. South America Online Gambling Market
21.1. South America Online Gambling Market Overview
21.2. South America Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
22. Brazil Online Gambling Market
22.1. Brazil Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
23. Middle East Online Gambling Market
23.1. Middle East Online Gambling Market Overview
23.2. Middle East Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
24. Africa Online Gambling Market
24.1. Africa Online Gambling Market Overview
24.2. Africa Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
25. Online Gambling Market Competitive Landscape And Company Profiles
25.1. Online Gambling Market Competitive Landscape
25.2. Online Gambling Market Company Profiles
25.2.1. 888 Holdings PLC
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Bet365 Group Ltd.
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Betsson AB
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. William Hill PLC
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. GVC Holdings PLC
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Online Gambling Market
27. Online Gambling Market Trends And Strategies
28. Online Gambling Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. The Business Research Company
29.5. Copyright And Disclaimer
List of Figure
Figure 1: Global Historic Market Growth, 2015-2019, USD Billion
Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 3: Global Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 4: Global Online Gambling Market, Segmentation By Device, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 5: Global Online Gambling Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 6: Global Online Gambling Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 7: Asia-Pacific, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 8: China, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 9: India, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 10: Japan, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 11: Australia, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 12: Indonesia, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 13: South Korea, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 14: Western Europe, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 15: UK, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 16: Germany, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 17: France, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 18: Eastern Europe, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 19: Russia, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 20: North America, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 21: USA, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 22: South America, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 23: Brazil, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 24: Middle East, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 25: Africa, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 26: 888 Holdings PLC Financial Performance
Figure 27: Bet365 Group Ltd. Financial Performance
Figure 28: Betsson AB Financial Performance
Figure 29: William Hill PLC Financial Performance
Figure 30: GVC Holdings PLC Financial Performance
List of Table
Table 1: Global Historic Market Growth, 2015-2019, USD Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 3: Global Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 4: Global Online Gambling Market, Segmentation By Device, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 5: Global Online Gambling Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 6: Global Online Gambling Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 7: Asia-Pacific, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 8: China, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 9: India, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 10: Japan, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 11: Australia, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 12: Indonesia, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 13: South Korea, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 14: Western Europe, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 15: UK, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 16: Germany, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 17: France, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 18: Eastern Europe, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 19: Russia, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 20: North America, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 21: USA, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 22: South America, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 23: Brazil, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 24: Middle East, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 25: Africa, Online Gambling Market, Segmentation By Game Type , Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 26: 888 Holdings PLC Financial Performance
Table 27: Bet365 Group Ltd. Financial Performance
Table 28: Betsson AB Financial Performance
Table 29: William Hill PLC Financial Performance
Table 30: GVC Holdings PLC Financial Performance
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