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Global Online Gambling Market to Reign in Huge Profits till 2025 with Registering a CAGR of 13.2%
2020 was a game-changing year online gambling market, mainly due to the online gaming & gambling legalization in the US. Ballot initiatives in the U.S. presidential election from November 2020 added new states to the growing list of U.S. states where online casino betting is legalized, allowing the online gambling market to garner significant revenues. The newly elected government signaled support for opening up the online gambling industry and reducing federal restrictions.
More legal breakthroughs expected in 2021 would become a huge momentum driver in the online gambling industry. Players like Bragg Gaming Group, MGM Resorts International, Wynn Resorts, Flutter Entertainment, and Caesars Entertainment are seeing new opportunities to increase their online footprint into major gaming markets in Europe, North America, and APAC markets that could mean big things in 2021 and beyond.
This also means that online gambling markets worldwide would garner significant traction. According to Market Research Future (MRFR), the global online gambling market size is projected to grow at a 13.2% CAGR during the forecast period (2019–2025). The market was valued at USD 117.99 billion in 2018. Besides, advances in connectivity and other related technologies are expected to foster the global online gambling market size.
COVID-19 Impact
The COVID-19 outbreak has positively impacted the already booming online gambling market, increasing public interest in online gaming by almost 52%. The pandemic and subsequent lockdowns worldwide allowed people with more free time to involve in gaming and leisure activities.
Besides, safe distancing mandates are increasing the uptake of online gambling, allowing access to all the games, slots, and sport betting facilities from home comfort. With the increased uses of various cloud gaming services, the online gambling market share is witnessing a constant uptick over the past few months.
Also, increasing investments are seen by the service providers to foster R&D activities to allow slot developers and online casino sites to exploit the online gambling market opportunities, making entertaining gambling programs & games from side project to the next global sensation.
Industry Trends:
Rapid developments in Internet technologies and mobile apps are projected to increase the online gambling market size, registering a significant growth in terms of revenues and the amount of time users spend on such gambling activities. Online poker and casinos are some of the widely played games in the overall online gambling market. With the improving Internet connectivity, online gambling platforms enable gamblers to play with anyone at a time.
Online gambling platforms offer various benefits compared to traditional gambling, such as support with numerous languages and multiple currencies depending upon the gambler’s location. Also, the online gambling platforms use real money, and they’re not required to exchange chips for money, the key feature that is not available in traditional casino games. These are some of the factors significantly boosting the online gambling market growth.
On the other hand, regulatory norms such as The Information Technology Act in India that have certain provisions to ban foreign websites in the country restrict online gambling market growth. Also, in some countries, the governments have invoked the ban on playing on certain foreign betting sites, which can pose challenges to the growth of the online gambling market.
Segmentation:
The online gambling market is segmented into game type, device type, end users, and regions. The game type segment is sub-segmented into betting, casino, poker, lottery, online bingo, and others. The device type segment is sub-segmented into desktop and mobile. The end-user segment is sub-segmented into gambling enthusiasts, social exuberant, and dabbles.
Regional Segmentation:
By region, the market is bifurcated into the Americas (US, Canada, Mexico, Rest-of-North America) and South America, Europe (the UK, Germany, France, Italy, and Rest-of-Europe), Asia Pacific (China, Japan, India, South Korea, and Rest-of-the-APAC), and Rest-of-the-World.
Europe is projected to dominate the global online gambling market. The presence of a large number of online gambling service providers that offer secured gambling platforms, such as Kindred Group PLC, Bet365, and 888 Holdings, drives the growth of the market in the region.
Besides, increased demand for online gambling services and improved Internet connectivity with high reliability in this region boost the market growth. Furthermore, advanced technologies and favorable government rules and regulations across various countries influence the region’s online gambling market share.
North America is expected to acquire the second position in the global online gambling market. The market rise is predicted to be driven by the rising numbers of gamblers, and gambling platforms in the region contribute to the regional market growth. Current regulatory reforms in the United States are projected to create vast opportunities for new and established companies across the US gaming industry to move into the online space and serve a wider market of customers.
The Asia Pacific region is anticipated to emerge as a profitable market for online gambling globally. Increasing focus on improving internet connectivity and high R&D investment are the major factors projected to influence market growth in the region. Furthermore, technical expertise and the proliferation of smartphones foster the growth of the market. Online gambling platforms in emerging countries such as Indian and China are likely to boost the region’s market share during the assessment period.
Competitive Analysis:
The online gambling market is expected to witness significant product launches and implementations of several strategic approaches, such as expansion, collaboration, mergers & acquisitions, and product launches. Mature industry players are making strategic investments in research and development activities and fostering their expansion plans.
For instance, recently, on Jan. 29, 2021, FOX Bet, along with Pokerstars and Stars Casino, launched its sports betting and online gambling products in Michigan following a major sports-betting app that was approved in the state earlier in January 2021.
In another instance, an online gambling company – Golden Nugget Online Gaming (GNOG), in December 2020, announced the launch of services in New Jersey and is poised for additional expansion with significant investments.
Key players involved in the online gambling market are:
- The Stars Group (Canada)
- International Game Technology PLC (US)
- Betsson AB (Sweden)
- Net Entertainment (Sweden)
- Kindred Group Plc (Malta)
- Paddy Power Betfair PLC (Ireland)
- Ladbrokes Betting & Gaming Ltd. (UK)
- 888 Holdings PLC (UK)
- Bet-at-home.com (UK)
- Betfair Group plc. (UK)
- Bwin. Party Digital Entertainment (Austria)
- William Hill Plc (UK)
- bet365 (UK)
- Scientific Games (US)
- VGC Holdings PLC (Isle of Man)
- Betway (Europe)
- Spin Inc. (US)
- Royal Panda (Europe)
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Amusnet
Amusnet Releases “Bier O’Meter Dice”
Amusnet has released Bier O’Meter Dice, a cheerful slot that captures the spirit of classic beer festivals in a colourful and entertaining format. Filled with traditional dice symbols, foaming beer glasses and celebratory flair, this 5-reel, 30 fixed paylines experience delivers a festive vibe where every spin feels like a toast to good fortune.
The reels are packed with vibrant icons reflecting the charm of beer-hall traditions and joyful gatherings. Landing three Scatter symbols unlocks the Free Spins feature, where the celebration truly begins. During Free Spins, players can encounter the Expanding Wild on the 2nd, 3rd and 4th reels, boosting winning potential and adding extra excitement to each round.
The Wild becomes even more rewarding during Free Spins thanks to the Wild & Wild Respin feature. When it lands, it can trigger up to three Respins, extending the action and creating more chances for festive rewards.
The fun continues with the signature Bier-O-Meter dispenser. By collecting Wild Biers throughout gameplay, players gradually fill the meter and earn a Lucky Bier Wheel Spin. This special feature offers the chance to win a multiplier of up to 100x, adding an extra burst of anticipation to the celebration. For those eager to jump straight into the wheel action, the Lucky Bier Wheel can also be purchased for immediate access.
With its lively theme, energetic features, and engaging mechanics, Bier O’Meter Dice brings the joy of a Bavarian festival straight to the reels. Raise a glass, spin the dice, and celebrate every win in true festive style.
Expanding Wild
The Wild symbol appears on the second, third and fourth reels and substitutes for all other symbols except for the Scatter. During the Free Spins mode, it expands on all positions of the reel and stays this way until the end of the spin.
Free Spins
If the player lands a winning combination with 3 Scatters, they can play 10 Free Spins.
Wild & Wild Respin Feature
During the Free Spins, 1, 2 or 3 Wild symbols on 2nd, 3rd and 4th reels award a Respin. If a new Wild symbol lands on the remaining reels, the player is awarded another Respin. Up to 3 Respins are possible.
Bier-O-Meter Feature
Bier-O-Meter is a bier dispenser located on the side of the slot screen. During the Main Game, only Wild symbols that are part of a winning line can fill up the Bier-O-Meter. During the Free Spins, all Wild symbols fill up the meter. When the Bier-O-Meter is full, the player is awarded 1 Lucky Bier Wheel Spin.
Lucky Bier Wheel Spin
The Lucky Bier Wheel is divided into eight sectors. Two of them award 12x total bet of the game; two of them award 15x total bet of the game; and four of them award 10x, 25x, 50x and 100x total bet of the game.
Buy Lucky Bier Wheel Spin
During the Main Game, the Buy Lucky Bier Wheel feature enables the player to buy one Spin on the Lucky Bier Wheel. The feature costs 16x the total bet of the game.
Buy Free Spins
The Buy Free Spins feature enables the player to buy 10 Free Spins. The feature costs 100x the total bet of the game.
Gamble
Play the game and multiply the winnings through the Gamble Feature.
Jackpot Cards
The Jackpot Cards bonus game is triggered at random during the gameplay to allow players to win impressive jackpots.
The post Amusnet Releases “Bier O’Meter Dice” appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
Kathryn CEO of Yeebet Live
QTech Games Joins Forces with Yeebet Live and REBEL Live to Broaden Live Casino Catalogue
Top aggregator collaborates with live-dealer experts to highlight its position as a premier one-stop destination for iGaming.
QTech Games, the top game aggregator for developing markets, has teamed up with live-casino pioneers Yeebet Live and its sibling brand REBEL Live, broadening its live-dealer selection and providing platform clients with a varied, culturally relevant collection of high-quality games.
The live-dealer sector is seeing worldwide expansion, with Yeebet Live and REBEL Live’s engaging digital table games showcasing this development. Their collective portfolio features classics like Baccarat, Blackjack, Roulette, Dragon Tiger, and Sic Bo, as well as regionally inspired games such as Hi-Lo, Andar Bahar, and Teen Patti. Offered in 17 languages with more on the horizon, these games cater to an international audience, incorporating multi-game perspectives, multi-camera technology, engaging dealer interactions, animations, sound effects, and more than 30 side bets for each table, delivering players a genuine online casino experience.
Yeebet Live and REBEL Live have teamed up with numerous live studios globally, merging their live-casino services into one integration and a cohesive user interface. This enables players to effortlessly transition between studios without needing to familiarize themselves with a new interface, boosting engagement and delivering a fluid, uninterrupted live gaming experience.
With this collaboration, QTech Games enhances its platform by providing a cutting-edge live-casino suite adapted to the varied preferences of its partners’ players. QTech’s platform, well-known for its extensive gaming selection, native mobile apps, strong reporting and marketing tools, and round-the-clock local-language support, now incorporates the vibrant live features of Yeebet Live and REBEL Live. This partnership boosts the global presence of Yeebet Live and REBEL Live, opening up new markets, especially in Africa, Latin America, and various developing areas.
Philip Doftvik, CEO of QTech Games, said: “Yeebet Live and REBEL Live are trailblazing providers, recognised for delivering immersive live-casino experiences. Their games, ranging from global classics to culturally inspired titles, now reach a broader audience through QTech Games’ agile platform, which offers the fastest integration in the market. By consolidating multiple live studios into a single interface, they also ensure that players enjoy a seamless experience, switching between games and studios without interruption.”
Kathryn, CEO of Yeebet Live, added: “We’re excited to see Yeebet Live and REBEL Live integrated into QTech Games’ expansive platform. Our mission has always been to deliver authentic, engaging live-player experiences, and through QTech, our games can now reach new audiences across emerging markets. By unifying multiple live studios under a single interface, we provide players with a smooth, continuous experience while expanding our global footprint beyond Asia.”
The post QTech Games Joins Forces with Yeebet Live and REBEL Live to Broaden Live Casino Catalogue appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
BHA
BHA Appoints Brant Dunshea as its Chief Executive Officer
The British Horseracing Authority (BHA) has confirmed the permanent appointment of Brant Dunshea as its Chief Executive Officer.
Brant has been leading the BHA in an acting capacity since December 2024 following the departure of Julie Harrington.
He has held several senior positions at British racing’s governing and regulatory body since joining the organisation in March 2015, most recently as Chief Regulatory Officer prior to being appointed acting CEO.
The BHA board has also approved the appointment of David Jones as Interim Chair. This follows the resignation of Lord Charles Allen on Tuesday 3 March.
David assumes the role for a second time, having previously filled the position between Joe Saumarez Smith stepping down in January 2025 and Lord Allen formally joining the BHA in September of the same year.
He was appointed to the BHA Board in January 2021 as Senior Independent Director, with extensive experience of British racing and the regulation of the sport, including as a BHA steward for more than a decade.
Steps will now be taken to recruit a permanent BHA Chair.
David Jones, Interim Chair of the BHA, said: “While it is clearly regrettable that agreement could not be reached around governance reform, the sport’s leaders have recognised the need for change. I do believe this is possible, and we must all work to achieve it, in the interests of the sport and the livelihoods that depend on our industry.
“The process to recruit a permanent chair will commence shortly. My hope is that this can be achieved as quickly as possible.
“The BHA will continue to lead British racing with energy and integrity, and I am delighted that the Board has agreed to appoint Brant as the CEO.
“He has proven he is a dynamic and hugely respected leader, and I look forward to working closely with Brant, the Executive and the hard-working, dedicated team at the BHA during a significant year for the sport.”
Brant Dunshea, Chief Executive Officer of the BHA, said: “I am delighted to be appointed Chief Executive Officer of the BHA.
“It is no secret that the sport has experienced a challenging period as it faces up to the process of change at a governance level, but I want to be clear that this has not stopped the BHA and the industry making important progress to safeguard the long-term health of British racing.
“The past year has seen growth in racecourse attendances, the success of the Axe The Racing Tax campaign, major initiatives to ensure more horses are raced and retained on our shores and continued improvements in horse and human welfare.
“I know that the incredible team at the BHA shares my deep passion for our sport and is committed to securing a brighter and more sustainable future for our people and horses.
“It is a huge privilege to be given this opportunity to lead such a knowledgeable and dedicated team at a time of great opportunity for British racing.”
The post BHA Appoints Brant Dunshea as its Chief Executive Officer appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.
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