Industry News
The Global Online Gambling Market is expected to grow from USD 53,686.56 Million in 2019 to USD 95,023.13 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.98%
Reportlinker.com announces the release of the report “Online Gambling Market Research Report by Game , by Device , by Payment Mode – Global Forecast to 2025”
The Global Online Gambling Market is expected to grow from USD 53,686.56 Million in 2019 to USD 95,023.13 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.98%.
Market Segmentation & Coverage:
This research report categorizes the Online Gambling to forecast the revenues and analyze the trends in each of the following sub-markets:
“The Sports Betting is projected to witness the highest growth during the forecast period”
On the basis of Game, the Online Gambling Market is studied across Bingo, Casino/Poker, Lottery, Social Gaming, and Sports Betting. The Sports Betting commanded the largest size in the Online Gambling Market in 2019, and it is expected to grow at the fastest CAGR during the forecast period.
“The Mobile is projected to witness the highest growth during the forecast period”
On the basis of Device, the Online Gambling Market is studied across Desktop and Mobile. The Desktop commanded the largest size in the Online Gambling Market in 2019. On the other hand, the Mobile is expected to grow at the fastest CAGR during the forecast period.
“The Real Money is projected to witness the highest growth during the forecast period”
On the basis of Payment Mode, the Online Gambling Market is studied across Real Money and Virtual Money. The Real Money commanded the largest size in the Online Gambling Market in 2019, and it is expected to grow at the fastest CAGR during the forecast period.
“The Asia-Pacific is projected to witness the highest growth during the forecast period”
On the basis of Geography, the Online Gambling Market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region is studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region is studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region is studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded the largest size in the Online Gambling Market in 2019. On the other hand, the Asia-Pacific is expected to grow at the fastest CAGR during the forecast period.
Company Usability Profiles:
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Online Gambling Market including 888 Holdings PLC, Bet365 Group Ltd, BETSSON AB, Betway Group, Flutter Entertainment PLC, Fortuna Entertainment Group N.V, GVC Holdings PLC, Rhinoceros Operations Ltd, The Hong Kong Jockey Club, and The Stars Group Inc..
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Online Gambling Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Online Gambling Market?
2. What are the inhibiting factors and their impact analysis shaping the Global Online Gambling Market during the forecast period?
3. What is the competitive position if vendors in the Global Online Gambling Market?
4. How Porters Five Forces define the Global Online Gambling Market landscape?
5. What are the technology trends and regulatory frameworks in the Global Online Gambling Market?
6. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Online Gambling Market?
7. What is the competitive strategic window for opportunities in the Global Online Gambling Market?
8. What are the modes and strategic moves considered suitable for entering the Global Online Gambling Market?
Read the full report: https://www.reportlinker.com/p05881785/?utm_source=GNW
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International Game Technology PLC announced that it has achieved an environmental, social and governance (ESG) Score of 4.3 out of 5.0 from FTSE Russell, positioning IGT in the 97th percentile within the Travel and Leisure sector of FTSE Russellâs ESG Scores. This was an improvement from IGTâs previous ESG Score of 4.2 out of 5.0 in 2023, demonstrating its ongoing commitment to enhancing ESG performance.
âAs a company committed to continually elevating our sustainability practices and leadership, IGT is proud to once again achieve an improved ESG score from FTSE Russell. Through our global Sustainable Play program, we execute sustainable practices and policies throughout our company and this improved score validates our ongoing efforts,â Wendy Montgomery, SVP of Marketing, Communications and Sustainability at IGT, said.
FTSE Russellâs ESG Scores and data model allows investors to understand a companyâs exposure to, and management of, ESG issues in multiple dimensions. The ESG Scores are comprises an overall rating that breaks down into underlying pillar and theme exposures. Scores built on over 300 individual indicator assessments are applied to each companyâs unique circumstances. The ESG Scores align with the UN Sustainable Development Goals (SDGs), all of which are reflected in FTSE Russellâs ESG framework.
The post IGT Achieves Improved ESG Score from FTSE Russell appeared first on European Gaming Industry News.
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Super Group has appointed Merrick Wolman to its Board of Directors, effective from February 18, 2025.
Mr. Wolman is the Chief Executive Officer of a global finance company and has worked closely with the Super Group executive team for over two decades.
Neal Menashe, Chief Executive Officer of Super Group, said: âWe are very pleased to welcome Merrick to the board. His deep understanding of the gaming industry, alongside his wide range of experience in executive roles, will be of great value as we continue to pursue our global growth strategy and build on our successes to date.â
This appointment brings the total directors on Super Groupâs board to nine, including five independent directors.
The post Super Group Appoints Merrick Wolman to its Board of Directors appeared first on European Gaming Industry News.
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Kindred Group has reported decline in its share of revenue from high-risk players for the fourth quarter 2024 at 2.7% (Q3 2024 3.2%). The percentage of detected customers who exhibited improved behaviour after interventions showed an improvement at 92.2% (compared to 87.3% in Q3 2024). This positive trend is mainly the result of stricter measures across key markets, improved internal processes, as well as the exit from non-locally licensed markets as part of to the acquisition by La Française des Jeux (FDJ) in October 2024. This shift reflects Kindredâs broader commitment to maintaining high regulatory standards and fostering safer gambling practices.
âIt is pleasing to see the decline in high-risk revenue during the fourth quarter of last year. We know that the share fluctuates between quarters, but the long-term trend is showing a steady decline. We remain dedicated and focused on improving our systems and processes to ensure we offer our customers a safe and fun experience,â Esther Scheepers, Head of Responsible Gambling at Kindred Group, said.
âThe increased focus on responsible gambling by regulators and the industry is welcomed. From our end, we see that by combining our expertise with emerging technologies, we can further enhance detection capabilities. We are currently working on our existing detection system in combination with an additional system that will enable us to integrate more robust compliance features and optimize our overall approach to safer gambling. Furthermore, we are exploring opportunities to expand our research efforts, aiming to support data-driven discussions and looking at emerging trends in consumer protection. All these aspects are important to protect the integrity of the licence model and maintain a level playing field,â Esther Scheepers added.
The post Kindred Reports Decline in Revenue from High-risk Players for Q4 2024 appeared first on European Gaming Industry News.
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