State Of Online Gaming
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Online Casino Gaming

Dublin, Nov. 25, 2020 (GLOBE NEWSWIRE) -- The 'Analyzing the Global Casinos & Gambling Industry 2020' report has been added to ResearchAndMarkets.com's offering.

13 hours ago Playtech, the world’s leading gambling technology company, today announces the signing of two new agreements to supply Norway’s national gaming operator Norsk Tipping with a range of Online Casino and Video Lottery Terminals (VLT) products. Both agreements follow two public procurement processes by Norsk Tipping. These agreements further extend the long-term strategic. This new trend is anticipated to majorly foster the industry size in forthcoming years. Various new technologies like Virtual Reality, 3D Animation, Live Table Games, and convenient as well as mobile-friendly gaming are majorly propelling the online gambling market outlook over the coming years.

The global gambling industry has been severely affected by the COVID-19 pandemic. In the United States, the biggest gambling market globally, many states had to order temporary closure of the land casinos. Other countries also ordered the closure of the casinos to avoid the spread of the virus. The closure of the casinos and sportsbooks is going to have a massive impact on the industry. However, online gambling players like BetWinner have been offering their services and enjoying good fortunes even during this global health crisis. In fact, many online gambling sites have reported enjoying greater rates of engagement than ever before.
While online gambling always played an essential role in the global gambling industry, it is now expected that online gambling growth will be significantly greater than the land casino sector.
Gambling shares on the global stock markets have also witnessed a sharp decline. Due to this, several gambling companies like William Hill, VGC Holding, and The Stars Group have issued statements regarding the potential effect of the pandemic on their gambling/casino operations.
While the last decade has witnessed the shifting of the casinos and gaming center from Las Vegas and Atlantic City to Macau in China, there is no doubt that the gambling industry has taken a significant hit during the pandemic and it is likely to impact the performance of this industry in the coming decade.
Starting with an industry overview, the report analyzes the growth of the global casinos and gambling industry through an industry value analysis, a look at industry segmentation follows through categories and regions and a regulatory framework analysis. The impact of the COVID-19 pandemic on the global casinos and gambling industry is also looked at.
A Porter's Five Forces Strategy Analysis of the global casinos and gambling industry is included in the report. The Porter's analysis of the industry analyzes the industry through the bargaining power of buyers and suppliers, the competitive rivalry in the industry, threat of new entrants to the industry and the threat of substitutes to the industry.
An analysis of the major regions of the global casinos and gambling industry is carried out on the casinos and gambling industries in Asia Pacific, Europe, North America and South America. The markets in these regions are analyzed through industry statistics, industry growth analysis by value, industry segmentation and an industry forecast. Industry data is analyzed for the years 2014 to 2023.
Moving on to the analysis of the global online gambling industry, the industry is analyzed through an industry overview, industry growth analysis through value, industry revenue growth, industry segmentation, an analysis of the major products and services of the industry and an analysis of the major online gambling markets.
The major markets analyzed include Europe, France, United Kingdom and North America. The publisher also analyzes trends in the global online gambling industry, market share analysis, industry competition and a forecast for the industry till 2023.
A Porter's Five Forces Strategy Analysis of the Global Online Gambling Industry follows next. The analysis looks at the bargaining power of buyers and suppliers in the global online gambling industry, competitive rivalry in the industry and the threat of new entrants and substitutes to the industry.
An analysis of the factors impacting the global casinos and gambling industry looks at the impact of mergers and acquisitions on the industry, the impact of regulations, factors driving market demand, international trade and impact, industry costs, increasing globalization in the industry and the high barriers to industry entry.
A section is also dedicated to the growing market of online/mobile gambling versus traditional forms of gambling. A forecast of the global casinos and gambling industry till 2023 is included. The report also includes a coverage of the 10 biggest casinos in the world such as The Venetian Macao, the City of Dreams Casino, Casino Lisboa, and others.

Key Topics Covered:

A. Executive Summary
B. Industry Definition
C. Global Casinos & Gambling Industry
D. Global Casinos & Gambling Industry: Porter's Five Forces Strategy Analysis
E. Global Casinos & Gambling Industry: Analysis of Major Regions
F. Global Online Gambling Industry
G. Global Online Gambling Industry: Porter's Five Forces Strategy Analysis
H. Factors Impacting the Industry
I. Online/Mobile Gambling versus Traditional Gambling
J. Global Casinos & Gambling Industry: Analysis of Major Markets
K. Global Casinos & Gambling Industry: Future Perspective
L. Major Industry Players
M. Analysis of the 10 Biggest Casinos in the World
N. Glossary of Terms

Companies Mentioned

ALH Group Pty Ltd
Aristocrat Leisure Limited
Caesars Entertainment Corporation
Caixa Economica Federal
Camelot Group
China LotSynergy Holdings Limited
CIRSA Gaming Corporation SA
Codere S.A.
Crown Resorts Limited
Florida State Lottery
Flutter Entertainment Plc
Gala Coral Group Limited
Galaxy Entertainment Group Limited
Gamehost Inc.
Great Canadian Gaming Corporation
Groupe FDJ
Groupe Lucien Barriere SAS
Groupe Partouche SA
GVC Holdings Plc
Kindred Group
Ladbrokes Coral Group Plc
Las Vegas Sands Corporation
Loteria Nacional Sociedad del Estado
Maruhan Corporation
MGM Resorts International
mybet Holding SE
New York State Lottery
Novamedia Holding B.V.
ODS Oddset Deutschland Sportwetten GmbH
Olympic Entertainment Group AS
Ontario Lottery and Gaming Corporation
Pari Mutuel Urbain (PMU)
Rank Group Plc
Ritzio International
Saarland-Spielbank Gmbh
SJM Holdings Limited
Tatts Group Limited/ Tabcorp Holdings Limited
Totalizator Sportowy Sp. z o.o.
William Hill Plc

For more information about this report visit https://www.researchandmarkets.com/r/lbmcic

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/ Friday, 13 April 2018 / Published in Casino Games

We all love playing online games on our phones at our free times. Along with other games, the popularity of online casino games are growing. For most of the people, the main attraction of an online casino game is the thrill of losing or winning. And playing the game for real money makes the thrill even more. According to the survey, the online market was USD 47.11 billion in 2017 and is estimated to reach USD 55.19 billion by 2019.

Current Online Casino Market & its Growth

There are a few factors for that the online casino gaming industry is growing so rapidly:

Real casino requires a huge investment of money. Casinos need to pay there 5000 to 10000 employees, who all are working throughout the year.
Casinos need to pay almost 25% of their revenues as tax.

Online Casino Gaming Industry