Dublin, Oct. 09, 2020 (GLOBE NEWSWIRE) -- The "Gambling - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Gambling Market to Reach $647.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Gambling estimated at US$443.2 Billion in the year 2020, is projected to reach a revised size of US$647.9 Billion by 2027, growing at a CAGR of 5.6% over the analysis period 2020-2027.
Lottery, one of the segments analyzed in the report, is projected to record a 9.9% CAGR and reach US$209.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Casino segment is readjusted to a revised 2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $119 Billion, While China is Forecast to Grow at 12.8% CAGR
The Gambling market in the U.S. is estimated at US$119 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$158.8 Billion by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 5.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Betting Segment to Record 8.5% CAGR
In the global Betting segment, USA, Canada, Japan, China and Europe will drive the 7.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$64.8 Billion in the year 2020 will reach a projected size of US$108.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$94.2 Billion by the year 2027, while Latin America will expand at a 9.7% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
1xbet (Exinvest Limited)
BML Group Ltd. (Casinoeuro)
Caesars Interactive Entertainment, Inc.
Casumo Services Limited
Co-Gaming Ltd. (Casinostugan)
Co-Gaming Ltd. (Comeon)
Galaxy Entertainment Group Ltd.
GVC Holdings PLC (Isle of Man)
Kindred Group plc
Las Vegas Sands Corporation
MGM Resorts International
Mr Green Limited
mybet Holding SE
Norsk Tipping AS
OnlineCasino Deutschland AG
Osterreichische Lotterien Gesellschaft mbH (Win2day)
Paddy Power Betfair
Playtech PLC (Isle of Man)
Rank Group Plc
SJM Holdings Ltd.
Svenska Spel AB
The Stars Group
Vera & John
William Hill PLC
Wynn Resorts Limited
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Gambling Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Gambling Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
Gambling Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019
Gambling Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Lottery (Type) World Market by Region/Country in US$ Million: 2020 to 2027
Lottery (Type) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
Lottery (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Casino (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
Casino (Type) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019
Casino (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Betting (Type) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
Betting (Type) Region Wise Breakdown of Global Historic Demand in US$ Million: 2012 to 2019
Betting (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
Land-based (Platform) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
Land-based (Platform) Market Historic Review by Region/Country in US$ Million: 2012 to 2019
Land-based (Platform) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
Online (Platform) World Market by Region/Country in US$ Million: 2020 to 2027
Online (Platform) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019
Online (Platform) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/axu064
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