DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Online Gambling Market - by Type, Device, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2014-2020)" report to their offering.
The global online gambling market was 35.97 billion USD in 2014 and is estimated to reach 66.59 billion USD by 2020, at a CAGR of 10.81%. The use of mobile devices for online gambling purposes is increasing. The market growth for this industry is very geography specific.
More than 80 nations have legalized online gambling and Europe has the largest online gambling market in the world, and this is just going to increase as Netherlands adopts new online gambling regulations. In Asia Pacific region, the online gambling sector has not grown much, as there has been no scope.
In countries like Singapore, the government has made all sorts of gambling illegal and thus no market as such. In China and South Korea also gambling sites working illegally were arrested.
While in the USA, three states already allow online gambling, and it is expected that more states are going to adopt similar regulations, allowing this market to grow in these regions, as the government want to benefit from the tax revenues. In Africa also similar to Asia there has been no plans for legalizing online gambling anytime soon.
- 888 Holdings
- Paddy Power
- Pala Casino
Watch and Wager
Key Topics Covered:
1. Executive Summary
2. Market Overview
3. Market Dynamics
4. By Type
5. By Device
6. By Region
7. Vendor Market Share Analysis
8. Company Profiles
9. Industry Structure
10. Industry M&As, Consolidations
11. Investment Opportunities
12. Global Online Gambling Market- Road Ahead
For more information about this report visit http://www.researchandmarkets.com/research/3275r9/global_online