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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

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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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South African expat wins AED 5m in The UAE Lottery’s Wednesday Lucky Day draw

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A 39-year-old South African expat, Branden Tekram, has won AED 5 million in The UAE Lottery’s Lucky Day draw, according to the operator. The company said the win marks “the first time the second prize has been won on a Wednesday draw since its recent introduction.”

Tekram said he discovered the result while checking email. “It’s still overwhelming and unbelievable. I don’t know how to explain it. I mean, I’m a millionaire in Dubai,he said. He added that he told his wife at home and they “sat there in disbelief.”

The winner said the family plans to take a staged approach to using the money, including funding a prototype linked to a patent application his wife is working on, and potentially moving into a villa. He also said the win could help them access additional support for their son.

The operator said it has awarded more than AED 300 million in prizes to more than 340,000 winners across its portfolio, including Lucky Day, Scratch Cards, and E-Instants. Lucky Day draws run every Wednesday and Saturday, with prizes including the AED 30 million grand prize and AED 5 million second prize. The company said all games are regulated by the General Commercial Gaming Regulatory Authority (GCGRA).

The post South African expat wins AED 5m in The UAE Lottery’s Wednesday Lucky Day draw appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Spinomenal adds Desperado Drifter Hold & Hit 3×3 to slot portfolio

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Spinomenal has released The Desperado Drifter Hold & Hit 3×3, the latest addition to its Hold & Hit portfolio.

The Western-themed slot uses a 3×3 bonus grid and features a Wild symbol (a bag of gems) that substitutes for all symbols except Bonus and Bonus Collect. Bonus coins land on reels one and three, while the Bonus Collect coin lands on reel two.

When Bonus Collect lands alongside one or more Bonus symbols, the game triggers an Instant Win Feature that collects the values and adds them directly to the player’s balance. The same symbol combination also starts the Bonus Game, with triggering symbols locked in place and three spins awarded initially.

During the Bonus Game, only Bonus and Bonus Collect symbols can appear. Spins can apply multipliers of x1, x2, x5, x7, x10 and x15, and the feature includes jackpots set at Mini (x25 total bet), Minor (x50 total bet), Major (x150 total bet) and Grand (x5,000 total bet) for filling all nine positions. The spin counter resets each time a new symbol lands.

Spinomenal CO-CEO, Omer Henya, commented: “The Desperado Drifter Hold & Hit 3×3 gives players the chance to join a high-stakes Wild West adventure. Smart visuals, nail-biting gameplay and a four-tier jackpot peaking at x5,000 make this a title that will keep players coming back for more.”

The post Spinomenal adds Desperado Drifter Hold & Hit 3×3 to slot portfolio appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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Kwiff appoints RavenTrack as primary affiliate tracking provider

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Kwiff has appointed RavenTrack as its primary affiliate tracking provider, as the sports betting operator looks to strengthen oversight and reporting across its affiliate channel.

The companies said the partnership will see Kwiff integrate RavenTrack’s platform-as-a-service tracking technology to support “greater transparency, accuracy, and efficiency” for its affiliate programme.

Kate Scowen, sales and growth manager at RavenTrack, said: “From our very first conversation, it was clear that Kwiff were looking for more than just a tracking platform, they needed a partner who could genuinely match their ambition and long-term strategic vision. We’re truly grateful that Kwiff chose RavenTrack in what was a highly competitive process, and I’m personally proud to have helped bring the partnership together.”

Jack Milner, campaign manager at Kwiff, added: “RavenTrack came highly recommended and with a strong track record within the iGaming sphere. We have enjoyed a fantastic start, working with their brilliant and incredibly helpful team and I look forward to a long and fruitful partnership together.”

Kwiff said the move supports its ongoing expansion across the UK and international markets, and that RavenTrack will provide infrastructure to manage affiliate data and optimise ROI for the channel.

The post Kwiff appoints RavenTrack as primary affiliate tracking provider appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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