Industry News
Global Online Gambling & Betting Market Set For A Rapid Growth And Anticipated To Reach $94.4 Bn Globally by 2024
Zion Market Research, The Market Research Group Announced The Analysis Report Titled “Online Gambling & Betting Market by Game Form (Poker, Casino, Sports Betting, Bingo, Lottery, Horse Racing Betting, and Others) and by Component (Hardware, Software, and Service): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024“.
The global Online Gambling & Betting Market report offers a complete data that makes it possible for the development of business in a simple and well-planned way. It also helps in the creation of leading business options. The report provides the important facts and figures including latest trends and developments in the global Online Gambling & Betting Market industry.
The report demonstrates all the important data related to the industries & markets, abilities & technology, and so on. The report highlights the current market situations. It presents brief assessment and detailed explanation of realistic data of the global Online Gambling & Betting Market.
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This report presents various new business opportunities and smart implementation in the global Online Gambling & Betting Market. It allows for the estimation of the global Online Gambling & Betting Market in a superior way. It also offers preventative and planned management of the businesses in the global Online Gambling & Betting Market.
This report demonstrates the fundamental review of the large global Online Gambling & Betting Market industry along with its application, embracing, definitions, and evaluation. It also highlights the authorized facts and figures of the global market. The requirement ratio and technology development are also covered in the global Online Gambling & Betting Market report.
The global Online Gambling & Betting Market report emphasizes factors affecting the global Online Gambling & Betting Market including demand, growth rate, capacity, market share, gross margin, export, consumption, supply, capacity utilization rate, and revenues. The report uses various methodological techniques in the analysis of the global Online Gambling & Betting Market that helps in the estimation of the potential players and demands in the market.
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This report offers detailed information bifurcated on the basis of various geographical regions. The report demonstrates key factors of the global Online Gambling & Betting Market such as product development, innovation, diverse applications, frameworks, and procedures. It highlights the profit and loss numbers, item value, production capacity, logistics, and distribution channels in the global Online Gambling & Betting Market.
The report presents major key players holding big shares of the global Online Gambling & Betting Market. It demonstrates the data in the form of graphs, figures, and tables.
Geographically, this report is segmented into several key regions, with sales, revenue, market share (%) and Growth Rate (%) of Online Gambling & Betting Market in these regions during the forecast period, covering major regions
Promising Regions & Countries Mentioned In The Online Gambling & Betting Market Report:
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
Inquiry More About This Report @ www.zionmarketresearch.com/inquiry/online-gambling-betting-market
Key assumptions considered for this report:
- Average Selling Price (ASP) has been considered to determine market values
- All values for market size considered in US Dollar (USD)
- All volumes for market size & Share
- The competitive landscape also features the SWOT analysis of the selected companies
Industry News
Vbet Wins Best Online Casino Operator 2024 at SiGMA Europe 2024
Vbet has been crowned the Best Online Casino Operator 2024 at the highly coveted SiGMA Europe event, cementing its position as a leader in the online gaming industry.
This achievement highlights Vbet’s commitment to providing an exceptional user experience by combining cutting-edge technology with a vast range of options and a secure process. The dedication to creating a responsible, enjoyable environment for players was recognised with this award, making this accolade even more significant. As Vbet continue to expand into new markets, the list of strategic partnerships grows alongside our constant drive to expand its offering. This award serves as a stepping stone on its path to reach more players and set new standards in the industry.
Arman Khachatryan, VBET’s Managing Director, said: “We are incredibly proud to receive the Best Online Casino Operator award at SiGMA Europe 2024. This recognition is a testament to the hard work, passion, and effort of our entire team. Our mission has always been to deliver the highest quality experience in the safest environment possible to our users. This award not only recognizes our dedication to this mission but also motivates us to continue expanding into new markets and territories.”
Industry News
ICE Barcelona to deliver razor-sharp focus on LatAm and evolving Brazilian Market
January’s first edition of ICE Barcelona will feature a programme of content, discussions and C-suite networking curated specifically to meet the needs of the new regulated market in Brazil and the broader opportunities which exist in Latin America.
Living up to its reputation for being the business-to-business event which is at the forefront of industry developments across both regulation and emerging technologies ICE 2025 will feature a three day program which is dedicated to all aspects of the market in Brazil including regulation, compliance and the adoption of new technologies including the use of biometric recognition in relation to age verification and consumer protection.
Announcing the program and confirming ICE Barcelona’s role as the meeting place for international decision-makers and stakeholders, Clarion Gaming Managing Director Stuart Hunter said: “ICE was recently described in trade media as being the most important gaming event on the ‘planet’ and I believe that the show will live-up to that accolade when we welcome the world industry to our new Barcelona home in January.
“Some industry events place a strong emphasis on the past but for ICE our focus is unashamedly on the future. To this end we have been working closely with colleagues and stakeholders in Latin America to ensure that ICE is on the front foot bringing together the lawmakers, regulatory bodies, thought leaders, operators, innovators and technology providers all of whom have an important role to play in developing the market infrastructure.”
He added: “The importance of LatAm will be evident from the very start of ICE Barcelona when Vicente Fox, the former President of Mexicoheadlines the World Regulatory Briefing taking place Monday 20 January when he will address the topic of ‘Regulation and Revitalisation’ and the requirements needed to balance economic growth with community protection.
“A critic of the populist movements sweeping the region, he will outline his business-centric approach to the development of Mexico, and why he favours casinos as a tax benefit to reduce Mexico’s dependence on unpredictable oil income, and for heling to grow the local tourism industry. The keynote reflects the importance of Latin America as a leading voice in the global gambling industry and represents a major coup for ICE Barcelona.”
“The following day we will be staging a seminar which will cover the very latest business-critical information on the market in Brazil which will be supplemented by sessions focussed on Latin America. On the closing day the LatAm sessions will address the key issue of responsible gambling including the ground-breaking use of biometrics which will be of huge interest to regulators and operators from throughout the world.”
He concluded: “In all of the extensive research that we undertake in order to identify the most important issues impacting the business Brazil and Latin America consistently top the list. By attending ICE Barcelona gaming industry professionals will be able to connect with the main players, learn everything they need to know about doing business in Latin America and find the right organisations to collaborate with. For anyone with an interest in Latin America and in particular the Brazilian iGaming market ICE Barcelona is undoubtedly the place to be.”
For more information on the world’s greatest gathering of gaming professionals and to register: icegaming.com
Industry News
FDJ Announces its First Bond Issue
La Française des Jeux (FDJ), one of Europe’s leading betting and gaming operators, will meet investors over the next days with a view to launching its first bond issue, subject to market conditions.
FDJ recall that, on 7 November, Moody’s assigned the Group a long-term credit rating of Baa1 – stable outlook.
With a total value of €1.5 billion, in 3 tranches with maturity of 6, 9 and 12 years, the bond issue would be used to refinance most of the €2 billion bridging loan, drawn on 7 October to finance the acquisition of Kindred shares for nearly €2.5 billion. The bonds will be listed on the Euronext regulated market in Paris.
Furthermore, FDJ is finalising a €400 million syndicated loan with top-tier French and international banks, which will be repaid over 5 years. This financing is also intended to repay the bridging loan which will be settled with Group’s cash.
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