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The global online gambling market size was valued at USD billion in and is expected to grow at a compound annual growth rate (CAGR) of %.


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The global online gambling market size is expected to reach USD The market is expected to gain traction over the forecast period. Research and Markets.

Formats available: Original Medium Small. Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Online Gambling Type Outlook 4. Email Print Friendly Share. Competitive Landscape 7. Online Gambling Device Outlook 5. Moreover, increasing digitalization coupled with secure digital payment options are also some factors contributing to online gambling gambling industry 2020 growth.

Further key findings from the report suggest:. Key Topics Covered: 1. Register Sign In.

Methodology and Scope 2. Subscribe via RSS. Online Read more Regional Outlook 6. The growing popularity of betting across the globe and freemium model in online gambling are among the potential opportunities likely to unfold in the next few years.

Executive Summary gambling industry 2020. Already have an account? Online Gambling Industry Outlook 3. Increasing adoption of smartphones and easy access to casino gaming platforms is currently driving the market.

With a Reader Account, it's easy to send email directly to the contact gambling industry 2020 this release. Log in here. For instance, a Video Lottery Terminal VLT uses advancing technology and can also be customized to electronic slot machines, spinning reel slot machines, video slot machines, and electronic poker games.

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe via ATOM. The market is further expected to gain momentum over the forecast period attributed to the rising use of digital currency and websites provided by companies for betting and gambling. These devices have an in-built software that mimics the experience of a local casino. According to the American Gaming Association AGA , as of , approximately 2, sites are active online and offer activities including bingo, poker, and lottery. Factors such as increasing internet penetration and the availability of cost-effective mobile applications for betting are also expected to contribute to market growth over the forecast period.