Gambling market includes establishments involved in operating 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 industry.
The global gambling market was valued at $206.3 billion in 2017. Asia Pacific was the largest geographic region accounting for $90.2 billion or 43.7% of the global market. USA was the largest country accounting for $82.4 billion or 39.9% of the global gambling market.
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 companies covered are William Hill, MGM Resorts, Las Vegas Sands, Paddy Power, and Betfair Entertainment.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
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.