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Amid the COVID-19 crisis and the looming economic recession, the Gambling market worldwide will grow by a projected US$204.7 Billion, during the analysis period
Reportlinker.com announces the release of the report “Global Gambling Industry”
An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Lottery market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.6% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$5 Billion to the region’s size over the next 7 to 8 years. In addition, over US$4.3 Billion worth of projected demand in the region will come from Rest of European markets. In Japan, the Lottery segment will reach a market size of US$5.2 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Gambling market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 10.6% over the next couple of years and add approximately US$65.4 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Gambling market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others, 1xbet (Exinvest Limited); Holdings PLC; AsianLogic Limited; Bet365 Group; bet-at-home.com AG; Betsson AB; Betway Limited; BML Group Ltd. (Casinoeuro); Caesars Interactive Entertainment, Inc.; Camelot Group; Casino Cosmopol; Casumo Services Limited; Co-Gaming Ltd. (Casinostugan); Co-Gaming Ltd. (Comeon); Folkeautomaten; Funstage Spielewebseitenbetriebsges.m.b.H; Galaxy Entertainment Group Ltd.; Genting Berhad; GVC Holdings PLC (Isle of Man); Jackpotjoy Plc; Kindred Group plc; Las Vegas Sands Corporation; LeoVegas AB; MGM Resorts International; Mobilbet; Mr Green Limited; mybet Holding SE; NorgesAutomaten; Norsk Tipping AS; OnlineCasino Deutschland AG; Osterreichische Lotterien Gesellschaft mbH (Win2day); Paddy Power Betfair; Pinnacle (Curacao); Playtech PLC (Isle of Man); Rank Group Plc; SJM Holdings Ltd.; Sportech PLC; Svenska Spel AB; The Stars Group; Vera & John; William Hill PLC; Wynn Resorts Limited
Read the full report: https://www.reportlinker.com/p05899560/?utm_source=GNW
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Latest News
ESA Gaming adds REEVO to Game Aggregator System
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ESA Gaming, the innovative games provider, has further grown its Game Aggregator System (GAS) offering with the addition of innovative casino content from REEVO, a leading online casino software provider.
Under this partnership, ESA Gamingâs aggregation platform will now feature a selection of REEVOâs acclaimed games, including the ever-popular Wolf Wild, OktoBeerFest and Moulin Reels.
REEVO began operating in 2021 with a suite of entertaining gaming experiences led by its wide portfolio of slot titles.
The partnership significantly enhances ESA Gamingâs casino aggregation offering during a time when the supplier has also signed a number of new distribution deals.
Thomas Smallwood, Chief Commercial Officer at ESA Gaming, said: âThis is a great way to kick off 2025 for our GAS offering, and adding REEVO content helps strengthens our position in a variety of markets.
âWe believe their content will be a hit with our customers, and weâre really looking forward to seeing this partnership develop over the course of the year.â
Karl Grech, Head of Business Development, at REEVO, added: âWe are delighted to partner with ESA Gaming, expanding the reach of our games to a new network of operators.
âThis integration, into the GAS platform, marks the beginning of a long and fruitful collaboration in multiple markets.â
The post ESA Gaming adds REEVO to Game Aggregator System appeared first on European Gaming Industry News.
Latest News
ICE Barcelona 2025: Alona Shevtsova on Sendsâ Vision for the Future of Gaming
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The Sends team attended the biggest and most famous gaming conference, ICE, now held in Barcelona, Spain. From the 20th to the 23rd of January, the leading gaming companies and solution providers gather for business meetings, experience sharing and networking. More than 170 countries visited, achieving the number of 55,000 visitors.
âOur team attends the ICE conference annually. Previously held in London, the financial capital and home to our head office, 2025 is the first time itâs hosted in Barcelonaâand it remains as expansive and resourceful as ever. Weâre thrilled to participate, connect with our partners, explore innovative solutions, and engage with market leaders. At Sends, we are committed to staying ahead in this dynamic industry, never missing an opportunity to gain fresh insights and experiences,â commented Alona Shevtsova, Director at Sends.
As the organisers of ICE 2025 said, after a rigorous, independent selection process, ICE and iGB Affiliate moved to Fira Barcelona Gran Via because Barcelona presents a compelling list of benefits, including improved logistics and operational efficiency. The location is close to Barcelona airport and is well connected to the public transport network, offering a world-class in-show and around-show experience.
It is worth mentioning that this February, Send will co-host its event in London for fintech companies. This is the third gathering in London to network and connect industry professionals. To get more information about the London Fintech Meetup, follow the link.
To get more details, keep in touch with Sends on social media: LinkedIn and Instagram.
The post ICE Barcelona 2025: Alona Shevtsova on Sendsâ Vision for the Future of Gaming appeared first on European Gaming Industry News.
Aquisitions/Mergers
NOVOMATIC sets milestone for international growth with planned acquisition of French Vikings Casinos Group
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NOVOMATIC AG signed an agreement to acquire the French casino group Vikings Casinos SAS, subject to certain conditions such as regulatory approvals.
With this strategic move, NOVOMATIC continues its international growth strategy in the French market and significantly expands its portfolio in one of the largest gaming regions in Europe. The Vikings Casinos Group, based in Falaise, is one of the leading French casino chains, operating more than 10 live gaming casinos throughout France, including on the CĂ´te dâAzur.
âWith the acquisition of Vikings Casinos, we are consistently pursuing our international growth strategy and strengthening our position as a leading provider in the European gaming market. With this step, we have successfully laid the foundation for further sustainable growth in Franceâ explains Stefan Krenn, Executive Board Member of NOVOMATIC AG.
âThe acquisition by NOVOMATIC opens up new opportunities for growth and further development. We are confident that the integration into such an experienced and successful company as NOVOMATIC will help us to further strengthen our position on the French market. This change will enable us to work even more efficiently and benefit from the resources and expertise of the new ownerâ emphasizes Luc Le Borgne, CEO of Vikings Casinos SAS.
The post NOVOMATIC sets milestone for international growth with planned acquisition of French Vikings Casinos Group appeared first on European Gaming Industry News.
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