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Europe Online Gambling Market Report 2020-2025 Featuring Major Players – Bet365, 888 Holdings, GVC Holdings, Kindred Group, William Hill, and Betsson
The “Europe Online Gambling Market – Growth, Trends, and Forecast (2020-2025)” report has been added to ResearchAndMarkets.com’s offering.
The European online gambling market is projected to grow, witnessing a CAGR of 9.20% during the forecast period (2020-2025).
Growing hardware and software innovations and the rising popularity of casino and sports betting gambling, along with enhanced internet penetration, are expected to drive the growth of the European online gambling market.
The dominating players have been focusing on mergers over the past few years, primarily to increase their stake in the market and to improve profit margins. For instance, Paddy Power PLC and Bet fair PLC merged to form Paddy Power Betfair PLC.
In order to gain a competitive advantage and compete with the established players, companies are developing innovative offerings in the region. For instance, in April 2019, one of the UK’s leading casino companies, 888 Holdings, had signed up a new gaming partnership with software maker, Microgaming.
Key Market Trends
Desktop Devices Holding The Major Share
Online gaming started on desktop computers, and many online casinos still focus most of their development on making sure that players get a smooth and well-presented user-interface experience. Desktops and laptops are considered to be the most convenient devices for online gambling owing to their bigger screen size. This factor provides the gamer with the ultimate online gaming experience.
One of the major benefits of using the desktop as an option to play online casino is that the number of mobile casino games on offer is significantly fewer than desktop gaming. Moreover, some of the mobile casino games only offer a few selections of the deposit options as compared to a desktop site. However, rising penetration of smartphones, owing to its convenience, is affecting the growth and demand for the gambling market operated through desktops/laptops.
United Kingdom Leading The Market
Sports betting in the United Kingdom is provided by the private sector and is conducted within a very competitive market. Online gambling is legal and regulated in the country by the Gambling Commission, which was formed by the Gambling Act of 2005. Online poker, sports betting, casino games, bingo, and lottery-style games all fall under the purview of the Gambling Commission.
As per the data published by OfCom (The Office of Communications, United Kingdom) in 2015, 6% of the users aged between 25-34 and 45-54 years engaged themselves in online gambling at least once in every three months. The second highest age group was between 16 and 24 years, which accounted for 4%. Rizk Casino, 888 Holdings, Casumo Casino, bet365, and LeoVegas are some of the prominent players operating in the UK online gambling market.
Competitive Landscape
Bet365, 888 Holdings Plc, GVC Holdings PLC, Kindred Group PLC, William Hill PLC, and Betsson AB are some of the major players having a significant presence across Europe. nMany online gambling companies rely on third-party providers, such as Playtech, for software solutions. However, some companies choose to backward integrate with technology providers.
For instance, 888 poker heavily invested in developing its own software and online gaming technology, primarily not to rely on suppliers. Similarly, William Hill, a bookmaker company located in the United Kingdom, was focused on backward integration, and thus, acquired Grand Parade, a software development company, in 2016.
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TaDa Gaming Helps Players Go for Gold with Money Pot
TaDa Gaming is rounding up the year with pots of gold and a wealth of wins in Money Pot.
The feature loaded slot offers Scatters, Multipliers, Mystery Symbols, Jackpots and the Golden Lock & Respin feature, in a three reels, three rows, three fixed paylines release.
Traditional Yuanbao ingots bring multipliers from 0.5x to 10x depending on their colour. Mystery Symbols will spin and reveal Yuanbao, or the Mini, Minor and Major jackpots, which offer 15x, 25x and 50x the bet and can even trigger the bonus game which awards retriggerable Free Spins.
The Mystery Jackpot symbol can only reveal itself in the bonus game and nine identical symbols will trigger the Grand Jackpot for 3,000x the bet.
Caishen is both the Scatter, triggering the Golden Lock and Respin bonus game and a bonus collector. On a winning combination, he will collect and add all the Yuanbao symbols’ values to carry over to the bonus game. If there are no Yuanbao , multiplier symbols of 2x sequentially up to 20x the bet will take their place.
Money Pot also offers the TaDa Extra Bet feature. Players can choose either 1.5x bet to double the chance of triggering Golden Lock & Respin or 3x bet to quadruple the chances. Whatever they choose, the money pot is certainly on the table in this colourful and engaging release.
Sean Liu, Director of Product Management, TaDa Gaming, said: ‘As we approach Chinese New Year, we want our players to celebrate with immersive entertainment and multiple ways to win. Money Pot delivers on all fronts and, with 3,000x max win potential, it’s a great way to start the new year.’
The post TaDa Gaming Helps Players Go for Gold with Money Pot appeared first on European Gaming Industry News.
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ALT Sports Data Signs On as Latest Contributor to FeedConstruct’s Odds Aggregation Platform
FeedConstruct, a multi-award-winning provider of data feed solutions, has partnered with ALT Sports Data to integrate its specialized offerings into FeedConstruct’s innovative Odds Aggregator. This collaboration will grant operators access to a dynamic range of premier emerging and alternative sports content tailored for the evolving demands of modern bettors.
ALT Sports Data, renowned for its expertise in non-traditional and fast-growing bet-able sports, brings a fresh dimension to FeedConstruct’s platform. This partnership will enable betting operators to offer markets on some of the most engaging and content-rich properties across:
- Motorsports
- Combat Sports
- Action / Adrenaline Sports
The post ALT Sports Data Signs On as Latest Contributor to FeedConstruct’s Odds Aggregation Platform appeared first on European Gaming Industry News.
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Unleash your wild side with Potion of Madness
Play’n GO taps into the dark allure of duality with Potion of Madness, a bold, comic-book-inspired slot based on the timeless tale of Dr Jekyll and Mr Hyde.
Potion of Madness plunges players into a laboratory of chaos, where brilliant scientist Dr Jekyll and his monstrous alter ego, Mr Hyde, battle for control. This 5-reel video slot transforms with every Scatter, bringing Sticky Wilds, Re-Spins, and Free Spins into play. With its expanding reels and electrifying visuals, this slot delivers dynamic gameplay that keeps players captivated as they explore the fine line between hero and villain.
Potion of Madness builds suspense and excitement through its transformative mechanics. Dr Jekyll’s experiments unleash Wilds with every Scatter, while two Scatters trigger Re-Spins with Sticky Wilds. Three or more Scatters expand the reels to 5×6 during Free Spins, increasing paylines to 40 and boosting potential rewards with vertically expanding Wilds. Each feature ties seamlessly to the narrative, immersing players in a world of dramatic shifts and thrilling possibilities.
Fans of bold storytelling will appreciate Potion of Madness’s sharp visuals and compelling duality theme. Drawing inspiration from literary classics like Robert Louis Stevenson’s “Strange Case of Dr Jekyll and Mr Hyde,” this game mirrors the high-stakes drama of transformations. Players who enjoyed titles with evolving gameplay mechanics, such as Reactoonz, will find themselves drawn to the unpredictable and rewarding nature of this slot.
Head of Game Retention at Play’n GO, George Olekszy, said: “Potion of Madness captures the essence of thrilling unpredictability. With its dynamic features and evolving reels, players will find themselves immersed in a narrative-driven slot that offers both innovation and monstrous rewards.”
Potion of Madness promises to captivate players with its bold design and feature-rich gameplay – a must-play for those who relish narrative depth and the thrill of transformation.
The post Unleash your wild side with Potion of Madness appeared first on European Gaming Industry News.
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