Monday, February 6, 2023

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Media And Entertainment Global Betting and Gaming Market Research Report: Ken Research

Global Betting and Gaming Market Research Report: Ken Research

The global betting and gaming Market has great prospects to grow with changing government policies which remove certain restrictions from the market and allows players to participate under legal terms. The present report discusses global gaming, lottery, and betting market and gives an insight into the online gambling sector by product group and by geography. It also discusses the gaming machine market and online lottery market. In the United States, the gambling sector is very vast with growing income levels (which has reduced temporary) and rising spending capacity. Discussion of the Canadian gambling sector is also a part of the report which helps to analyze future opportunities.

With the introduction of the National Lottery in 1994, gambling became socially acceptable in the UK. Also in 2007, the Gambling Act was passed which has stimulated further demand. The global gaming market has been driven by the liberalization of gaming in the EU and Australia and the legalization of gaming in Asia. Also, privatizations supported the market.

In the United States, Casino accounts for a strong percentage in the market, of which ~% of casino revenue derives from slot machines. In 2008, despite the negative economic conditions (the Italian GDP declined 0.5% in 2008), the Italian gambling market did not show any decline; it instead increased ~% YoY, with total wagers collection of US$~bn.

The gaming the market is expected to grow at a CAGR of ~% year on year basis from 2007 2012… It is also expected bingo & casino would show the maximum growth. The online gaming sector market will grow with rising internet users worldwide.

Asia is offering many opportunities and strong potential for the gambling market. Macao is the leading gambling jurisdiction in Asia, representing more than 50% of this regional market. This market is expected to continue growing, led by increasing global recognition and the construction of new casinos. Singapore counts among the highest gross gaming revenue/GDP with a market worth US$~ billion. HongKong’s lottery market is developed than China, generated US$~ billion of revenues from July 2008 to June 2009 compared to US$~ billion in China.

Sports betting has a great influence over the betting and gambling industry in Spain, which represents US$~ million of the market, which would imply an average expenditure per inhabitant. The gambling sector in Great Britain offers substantial opportunities with a turnover of over US$~billion in 2006/07.

The report covers the global gaming and lottery industry with a detailed discussion of market and opportunities in the United States (Canada), European Union (United Kingdom, Germany, Great Britain, and Spain), Italy and Asia (China, India, Singapore, HongKong).

For More Information, Click On The Link Below:-

Global Gaming and Betting Industry

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

RELATED ARTICLES

Global Digital Signage market revenue to reach US$ 30 Mn by 2028: Ken Research

Buy Now Global Digital Signage Market By Screen Size The Global Digital Signage market is segmented by Screen Size into Below 32 inches, 32 to 52...

The Philippines Is An Emerging Southeast Asian Country With Property Classified Companies – Ken Research

Buy Now 1. The increased investment in the region, rapid population growth, and Increasing Smartphone Penetration are some of the major growth drivers in the...

Global Digital Signage market expected to record a CAGR of ~7% during the forecast period (2017-2028): Ken Research

Buy Now What Is The Size Of Global Digital Signage Industry? Global Digital Signage market is growing at a CAGR of ~% in 2017-2022 and is...

Most Popular

Global Printer Market is segmented by Printer Type, Technology, Interface, Output Type, Application, and Region: Ken Research

Buy Now Global Printer Market by Application The Global Printer market is segmented by Application into Residential, Commercial, Educational Institutions, Enterprises, Government and Others. The commercial segment...

Shortage of Labour and Government Support for the Mechanization of Farms are driving the growth of the Vietnam Agricultural Equipment Market – Ken Research

Buy Now 1. Vietnam’s Agriculture Equipment market grew at a CAGR of 3.2% during 2014-2020 and is expected to rise more in the next five...

Global Digital Signage market revenue to reach US$ 30 Mn by 2028: Ken Research

Buy Now Global Digital Signage Market By Screen Size The Global Digital Signage market is segmented by Screen Size into Below 32 inches, 32 to 52...

Global Pea Protein Market is growing at a CAGR of ~12% during the Forecast Period 2022-2028: Ken Research

Buy Now Global Pea Protein Market by Application The Global Pea Protein market is segmented by Application into meat substitutes, functional foods, bakery products, beverage, dietary...