Connect with us
SOFTSWISS

Latest News

Global Gambling Market to Reach $1 Trillion by 2030 – New Table Games Expand the Consumer Base at Casinos

Published

on

Reading Time: 2 minutes

 

The “Gambling – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.

The global market for Gambling estimated at US$773.7 Billion in the year 2023, is projected to reach a revised size of US$1 Trillion by 2030, growing at a CAGR of 3.7% over the analysis period 2023-2030.

Lottery, one of the segments analyzed in the report, is projected to record 2.8% CAGR and reach US$411.5 Billion by the end of the analysis period. Growth in the Betting segment is estimated at 4.6% CAGR for the next 8-year period.

Key Market Trends & Drivers

  • Mobile Gambling Takes Center Stage
  • Gambling Apps Contribute to the Rising Popularity of Online Casinos
  • Online Casinos Attract Broader Demographics
  • Cyberattacks Emerge as a Key Concern for Online Casinos
  • Use of Smartwatches for Placing Bets and Improve iGaming Experience Gains Traction
  • New Table Games Expand the Consumer Base at Casinos
  • Blockchain Emerges to Change the Tide of Fortune for Gambling
  • Big Data & IoT to Transform the Gambling Industry
  • VR Based Gambling, A Game Changer for the Gambling Sport
  • 5G to Revolutionize the Gambling Industry
  • 5G Emerges With the Promise to Transform the Gaming Experience
  • Crypto Currency Based Gambling Rises in Popularity
  • Stricter Gambling Regulations Around the Globe Encourages Legal Gambling

The report features profiles of 220+ featured companies. A selection of companies in the report includes:

  • ABembli Restaurant Corporation
  • 888 Holdings
  • 32Red Plc
  • AB Svenska Spel
  • 11.lv
  • Acrismatic S.L.
  • 10Bet Limited
  • 888casino
  • Abios
  • 8 Bit Development Inc.
  • AbZorba Games
  • 21 Casino
  • 12BET
  • 8win.com
  • 32Red

Key Attributes:

Report Attribute Details
No. of Pages 438
Forecast Period 2023 – 2030
Estimated Market Value (USD) in 2023 $773.7 Billion
Forecasted Market Value (USD) by 2030 $1000 Billion
Compound Annual Growth Rate 3.7%
Regions Covered Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • Gambling – Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Gambling: An Accepted & Fundamental Part of Human Culture
  • % Share of Top Destinations for Gambling Based on Visitor Influx
  • How the Gaming & Gambling Industries Are Impacted by the Pandemic & What’s the New Normal?
  • The Gaming Industry Finds Opportunity in Crisis
  • Global Gaming Market Reset & Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
  • Gambling is One Segment of the Gaming Industry That is Experiencing Negative Impact of the COVID-19 Crisis. Here’s Why
  • The Close Relation Between Casinos & Tourism Sharpens the COVID-19 Blow on the Gambling Industry
  • Gambling: Definition, Scope & Types
  • Recent Market Activity
  • World Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • % Share Gross Gambling Yields (GGY) by Type of Gambling
  • 5G Emerges With the Promise to Transform the Gaming Experience: 5G’s Contribution to Global GDP (In US$ Trillion) for Years 2020, 2025 & 2030

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

  • United States
  • Canada
  • Japan
  • China
  • Europe
  • France
  • Germany
  • Italy
  • United Kingdom
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East
  • Iran
  • Israel
  • Saudi Arabia
  • United Arab Emirates
  • Rest of Middle East
  • Africa

IV. COMPETITION

For more information about this report visit researchandmarkets.com

 

Continue Reading
Advertisement




Stake.com
Click to comment

Asia

IN7.COM LTD 2024 Goals: Expands Indian Market and Fortifies Charitable Activities

Published

on

Reading Time: < 1 minute

IN7.COM, a highly popular gaming and online sports platform, primarily caters to the Indian market and has expanded its services to Brazil.

Bolstered by rapid growth in the online sports and gaming sectors, IN7.COM LTD plans to enlarge its local service team to over 1000 professionals by the end of 2024. This expansion encompasses a spectrum of roles, including seasoned gaming specialists such as customer support, product managers, data scientists, analysts, as well as social media and digital marketing experts, and engineers.

The objective is clear: to elevate user experience and platform performance, ensuring seamless support and service delivery while crafting captivating, visually stunning, and technologically advanced gaming experiences.

Charitable Activities:

IN7.COM LTD owns a charitable department, actively engaging with communities in need by reinvesting a portion of its profits into societal welfare.

IN7.COM’s charitable activities encompass providing vital assistance to impoverished regions and caring for stray animals. Last week, employees of the department distributed heartwarming gifts to two children’s charity homes in Africa, containing essentials such as rice, beef, pencils, books, snacks, and toys.

The department head said, “IN7.COM also plans to establish a sports charity organization in the future, aiming to offer sustainable growth opportunities for outstanding individuals, groups, or organizations dedicated to sports development.”

 

Continue Reading

Latest News

Gaming Innovation Group is contemplating a bond tap issue

Published

on

Gaming Innovation Group expands its reach in online gaming with the acquisition of Casinomeister
Reading Time: < 1 minute

 

Gaming Innovation Group Inc. (“GiG”) has mandated ABG Sundal Collier and Pareto Securities as managers to arrange a series of fixed income investor meetings commencing on 17 June 2024. GiG is contemplating to issue subsequent bonds under GiG’s existing senior secured bond framework with ISINs NO0013024018 (the “EUR-tranche”) and NO0013095687 the (“SEK-tranche) in an expected amount of EUR 15 million equivalent. Subject to, inter alia, market conditions a capital markets transaction may follow.

For further information, please contact:
Tore Formo, Group CFO, [email protected], +47 91668678

 

Continue Reading

Latest News

Ixia launches $20 million global gaming venture Fund and Studio

Published

on

Ixia launches $20 million global gaming venture Fund and Studio
Reading Time: < 1 minute

 

Ixia Capital, a venture capital fund and studio, has launched with an investment of $20 million focused on high-growth companies across gaming, esports, digital assets, and complementary technologies.

The fund has been founded by partners with deep firsthand iGaming industry experience, enabling entrepreneurs to realise innovative ideas, technologies, and transform business models into profitable companies.

Ixia Capital is a global fund with a focus in India, Africa and UAE where the mission is to accelerate development and manage risks to help ventures succeed in specialised fields. The fund is based in the Cayman Islands, while the Ixia Studio is headquartered in the USA.

Ixia Capital CEO and Venture Partner Mona Motwani, said: “It’s a proud moment for us to officially launch Ixia Capital. Our mission is partnering with driven entrepreneurs to equip them with resources, expertise, exposure and capital that allow them to build the best ideas into great companies. Through this hands-on approach, Ixia is all about accelerating ideas and mitigating risks.”

Ixia Studio, the venture studio arm of Ixia Capital, is in the process of launching six disruptive projects – FasFas Games, a Sports NFT Trading Exchange, a Gaming Loyalty Reward Platform, Sports Investment Thought Leadership Platform, and a Sports Coverage and Games Engagement App. The role of the Studio is to provide funding, resources, and operational support to help entrepreneurs build and scale companies.

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Advertisement
Stake.com
Advertisement

Trending (Top 7)

Get it on Google Play

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.