πŸ’° Global Online Gambling Market COVID Growth Forecasts Due to Global Lockdowns

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The global online gambling market size is expected to reach USD billion by , registering a CAGR of % from to


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Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Online Gambling Type Outlook 4. Online Gambling Regional Outlook 6. Executive Summary 2. The market is further expected to gain momentum over the forecast period attributed to the rising use of digital currency and websites provided by companies for betting and gambling. Log in here. Key Topics Covered: 1. Research and Markets. Further key findings from the report suggest:. For instance, a Video Lottery Terminal VLT uses advancing technology and can also be customized to electronic slot machines, spinning reel slot machines, video slot machines, and electronic poker games. GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.{/INSERTKEYS}{/PARAGRAPH} Formats available: Original Medium Small. Email Print Friendly Share. Moreover, increasing digitalization coupled with secure digital payment options are also some factors contributing to online gambling market growth. Online Gambling Device Outlook 5. Factors such as increasing internet penetration and the availability of cost-effective mobile applications for betting are also expected to contribute to market growth over the forecast period. {PARAGRAPH}{INSERTKEYS}The global online gambling market size is expected to reach USD The market is expected to gain traction over the forecast period. Subscribe via RSS. The growing popularity of betting across the globe and freemium model in online gambling are among the potential opportunities likely to unfold in the next few years. With a Reader Account, it's easy to send email directly to the contact for this release. Online Gambling Industry Outlook 3. Subscribe via ATOM. According to the American Gaming Association AGA , as of , approximately 2, sites are active online and offer activities including bingo, poker, and lottery. Sign up today for your free Reader Account! Register Sign In. Already have an account? Methodology and Scope 2. Competitive Landscape 7. Increasing adoption of smartphones and easy access to casino gaming platforms is currently driving the market. These devices have an in-built software that mimics the experience of a local casino.