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This strategy has proved particularly effective in growing the market in America, as it has for several years globally. Which games are the most popular? Early online casino gaming was built around adapting traditional casino staples, like blackjack, poker, and roulette, for online play.

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Roulette is one of the most popular casino games in the world. Everyone recognizes the name, everyone can picture the roulette wheel and table, and most people know how to play. Even those that are unsure can have a reasonable understanding – place a bet on a potential outcome, see the wheel spin, and hope the ball lands on your selection.

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Online bookmaker Letou was established long ago since 2004 and has grown very strongly. Currently on the betting market letou is the name most searched on Google.

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Canada is known for its vast landscapes and mesmerising nature, that has a tale to tell in terms of history and culture.

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As of the year 2020, we live online. As vague as it sounds, it is the bitter truth. This year brought along the pandemic and lockdowns, a deadly, fast-spreading disease that confined us within our homes. To make matters worse, it also shut down all our favorite hangout places.

LONDON--(BUSINESS WIRE)--Sep 29, 2020--

Technavio has been monitoring the casinos and gambling market and it is poised to grow by USD 82.09 bn during 2020-2024, progressing at a CAGR of over 10% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005777/en/

Technavio has announced its latest market research report titled Global Casinos and Gambling Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

• What are the major trends in the market?
  Use of technological innovation in casinos is a major trend driving the growth of the market
• At what rate is the market projected to grow?
  The year-over-year growth for 2020 is estimated at 13.90% and the incremental growth of the market is anticipated to be $ 82.09 bn.
• Who are the top players in the market?
  Boyd Gaming Corp., Caesars Entertainment Corp., Crown Resorts Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., Golden Entertainment Inc., Las Vegas Sands Corp., MGM Resorts International, SJM Holdings Ltd., and William Hill Plc, are some of the major market participants.
• What is the key market driver?
  The growing popularity of online gambling is one of the major factors driving the market.
• How big is the APAC market?
  The APAC region will contribute 50% of the market share.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Boyd Gaming Corp., Caesars Entertainment Corp., Crown Resorts Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., Golden Entertainment Inc., Las Vegas Sands Corp., MGM Resorts International, SJM Holdings Ltd., and William Hill Plc are some of the major market participants. The growing popularity of online gambling will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Casinos and Gambling Market 2020-2024: Segmentation

Casinos and Gambling Market is segmented as below:

• Platform
  • Offline
  • Online
• Geography
  • APAC
  • Europe
  • North America
  • MEA
  • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41224

Casinos and Gambling Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The casinos and gambling market report covers the following areas:

• Casinos and Gambling Market Size
• Casinos and Gambling Market Trends
• Casinos and Gambling Market Industry Analysis

This study identifies use of technological innovation in casinos as one of the prime reasons driving the Casinos and Gambling Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Casinos and Gambling Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist casinos and gambling market growth during the next five years
• Estimation of the casinos and gambling market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the casinos and gambling market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of casinos and gambling market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Platform

• Market segments
• Comparison by Platform
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Platform

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Boyd Gaming Corp.
• Caesars Entertainment Corp.
• Crown Resorts Ltd.
• Flutter Entertainment Plc
• Galaxy Entertainment Group Ltd.
• Golden Entertainment Inc.
• Las Vegas Sands Corp.
• MGM Resorts International
• SJM Holdings Ltd.
• William Hill Plc

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Growing Popularity Of Online Casinos Real Money

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Email:media@technavio.com

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KEYWORD:

INDUSTRY KEYWORD: CASINO/GAMING ENTERTAINMENT

Growing Popularity Of Online Casinos For Real

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 09/29/2020 08:00 PM/DISC: 09/29/2020 08:01 PM

Growing Popularity Of Online Casinos No Deposit

http://www.businesswire.com/news/home/20200929005777/en