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Online Gambling Market to Hit $80.65 billion by 2025- Insights on Size, Share, Technological Trends, Business Opportunities, and Key Highlights: Adroit Market Research

George Miller

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Online Gambling Market to Hit $80.65 billion by 2025- Insights on Size, Share, Technological Trends, Business Opportunities, and Key Highlights: Adroit Market Research
Reading Time: 3 minutes

 

Increasing adoption of smartphones expected to drive the online gambling market at a CAGR of 9.8% during the forecast period. In 2018, Sports betting dominated the online gambling industry and Geographically Europe dominated the online gambling industry. This is due to the fact that the region considerate of large number of countries like, Germany, Italy, UK and France where online gambling is legal.

 

The global online gambling market size is estimated to reach up to USD 80.65 billion by 2025 mainly driven by rising internet penetration and growing adoption for smartphones and tablets amongst generation X and millennials. Moreover, online gaming platforms offers various forms of online gambling games such as online poker, sports betting, online bingo, online lottery and casino game. These games has brought huge switch from traditional to online gambling platform.

The report also throws light on various aspects of the online gambling industry by assessing the market using value chain analysis. The report covers several qualitative aspects of the online gambling industry in market drivers, market restraints and key industry trends. Furthermore, the report provides an in-depth assessment of the market competition with company profiles of global as well as local vendors.

Request a PDF sample @ https://www.adroitmarketresearch.com/contacts/request-sample/868

The current consumer landscape suggests that consumers are preferring online gambling over offline mode of gambling. Hence, online gaming products are expected to offer new revenue opportunities for online gaming service providers.

In product type segment, the market for casino sub-segment is estimated to grow at the CAGR 10.2% during the forecast period. This growth is primarily driven by the increase in streaming over the internet and stability of the servers, which enable the companies to offer real time experience and comfort to the players. There has been significant demand for online casino by millennials, which is expected to further drive the market.

The “Global Online Gambling Market Size 2017 by Type (Sports Betting, Casinos, Poker, Bingo and Others) by Device (Mobile and Desktop) by Region (North America, Europe, Asia Pacific, Central & South America and Africa) and Forecast 2018 to 2025” study provides an elaborative view of historic, present and forecasted market estimates. Access the full report @ https://www.adroitmarketresearch.com/industry-reports/online-gambling-market

In 2018, mobile the sub segment of the device segment dominated the global online gambling market. The segment accounted USD 26.99 billion and is expected to grow at a CAGR of 12.0% over the forecast period. The enhanced convenience offered by mobile phones which allows the gamblers access to their favorite gambling websites and app from anywhere anytime is expected to boost the market. In 2018, the mobile devices occupied a share of 64.40%. Advances in mobile phone technology and explosion of mobile gambling into the online gaming industry has made the entire gambling process easy and user friendly for those who choose smartphones over desktop or tablets.

Geographically, Asia Pacific is leading the global online gambling market driven by increasing population across the demographics, and newly developing markets such as India, Singapore, Thailand and Indonesia due to internet penetration. Europe and North America held the first and second largest market value shares respectively. Other developing markets in countries such as Brazil and Argentina are going to drive the market for South America which is the second fastest growing markets globally.

William Hill, Bet365, PP+B, Betsson, Ladbrokes, Amaya, GVC Holdings, 888 holdings, Skybetting & gaming and Unibet(Kindred Group) are the leading players present within the global online gambling market.

Major points from Table of Contents:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Online gambling Overview Market, By Type
Chapter 5. Online gambling Market Overview, By Devices
Chapter 6. Online gambling Market Overview, By Region
Chapter 7. Company Profiles

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Casino Management System Market 2018-2025: The global casino management system market is anticipated to record substantial growth over the forecast period credited to increase in need of business insights and automation, growing demand of risk management and effective security, and rising awareness over fraud-related transactions. Though, factors such as the necessity of high initial investment and rising cyber threats are anticipated to restrain the global casino management system market growth. Browse the report@ https://www.adroitmarketresearch.com/industry-reports/casino-management-system-market

Access research repository of Upcoming Reports @ https://adroitmarketresearch.com/upcoming.html

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Nolimit City partners up with pioneering brand, Fortune Legends

George Miller

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Nolimit City partners up with pioneering brand, Fortune Legends
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Fortune Legends enhances games library with Nolimit City portfolio

Paving way for a new deal announcement between emerging operator multi-brand, Mobilt Limited, and video slot specialist, Nolimit City, who announce their partnership in the event of also celebrating going live on the operator’s flagship brand, FortuneLegends.com.

Although new to the scene, the team behind Mobilt are seasoned gambling experts with years of experience behind them. The new platform is set to take the industry by storm, raising high hopes to stand out amongst the big boys. Despite having just launched, the operator has made a name for itself with their unique “Vault” feature. The partnership between the two will see Nolimit’s full portfolio of high-end games present on www.fortunelegends.com, featuring iconic video slot games such as Tombstone, Thor: Hammer Time and the latest release, Pixies vs Pirates featuring new mechanics xWays® and xNudge®

This announcement marks another high-note on the eventful commercial journey for the Malta based Software Provider. A steady content stream is promised by the studio, who are increasing the stakes and have geared up to deliver more exciting games till the very end of 2019.

Malcolm Mizzi, Commercial Director at Nolimit City, stated: “We are delighted to be partnering up with yet another young and ambitious brand name out there. The team behind Fortune Legends clearly have high ambitions to succeed and we want to be part of their journey. We share the same mantra and view this as the perfect match”

Sebastian Rydhed, Head of Product at Mobilt Ltd, added: “We are thrilled to join forces with Nolimit City, an up and coming supplier with a strong portfolio of innovative casino games backed by solid mechanics. Their games are fully integrated into ‘The Vault’, our real time cashback concept which rewards players instantly on every spin.”

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Graphyte Launches Intelligent Layouts

Niji Narayan

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Graphyte Launches Intelligent Layouts
Reading Time: 1 minute

 

Personalisation platform Graphyte has launched its new product Intelligent Layouts, which enable the operators to deliver completely personalised web and app experiences for every customer.

With Intelligent Layouts, operators can automatically tailor every element of its offering to each player’s preferences, leading to an entirely unique mobile and desktop site layout for every customer.

“When we started Graphyte, our mission was to create the technology to change the one-size-fits-all model so prevalent in betting and gaming, to a one-size-fits-one model that seems so natural and obvious in other sectors like e-commerce. With Intelligent Layouts, we’ve built the capability for every operator to make the experience unique for every one of their customers,” Damien Evans, co-founder of Graphyte said.

“As an operator, you’ll know that every part of your site is tuned to the preferences of each player – all updated and managed in real time. As a player, the experience is transformed, the games and product categories you like to play (or those that you are very likely to enjoy) are always front-and-centre, and it doesn’t stop there: promotions you might have missed, new game launches and events and price boosts in sports can all be brought to the fore with Intelligent Layouts. It’s incredibly powerful and the early results we’ve seen from operator trials have been extraordinary,” Damien Evans added.

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GVC Launches Skywind Content on Ladbrokes, Coral and Gala Brands

Niji Narayan

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GVC Launches Skywind Content on Ladbrokes, Coral and Gala Brands
Reading Time: 1 minute

 

GVC has launched the gaming content of Skywind Group on its Ladbrokes, Coral and Gala brands. Earlier in the year, GVC launched the Skywind games on the bwin, PartyCasino and Sportingbet brands in selected regulated markets.

Through this expansion of the partnership, GVC’s customers will now be able to enjoy cutting edge content from Skywind’s huge portfolio of over 200 games. GVC will also integrate Skywind’s unique Bonus Coins reward, Daily, Must-Go and innovative Split jackpots among a range of other player engagement tools.

“We are delighted to extend our collaboration with Skywind who are a hugely valuable and innovative partner. Our mission is to provide our customers with nothing short of the most engaging and comprehensive portfolio of games available anywhere in the market. The launch of this exciting content is another important milestone on that journey,” Paris Anatolitis, GVC’s Marketing Director for Casino said.

“Partnering up with GVC is the natural step for us in entering regulated gambling markets around the world. In just over six months, we have managed to build a strong partnership, rolling-out our premium video slots games at bwin, PartyCasino and Sportingbet, across markets. I am excited that Ladbrokes, Gala and Coral players will now also be able enjoy the many proven engageable games we offer,” Oren Cohen Shwartz, Managing Director of Skywind said.

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