Thursday, 15 February 2018

Gambling Market - Geographical Segmentation and Forecast 2018-2022


MRC has published a new research-based report on Gambling market. This comprehensive report talks about the Gambling market in terms of definition, classification, application, forecasts, estimations regarding volume and value. It also features the present scenario and prospects with financial and industrial outlook. Moreover, it includes latest trends, current events, and strategies of leading global companies including key developments, partnerships and agreements, mergers & acquisitions, investments and expansions, etc. in addition to this; it discusses the crucial aspects like drivers, restraints, opportunities and challenges that impact the market growth.
MRC recognizes the following companies as the key players in the global gambling market: 888 Holdings, Camelot Group, Galaxy Entertainment Group, INTRALOT, MGM Resorts, New York State Lottery, and Paddy Power Betfair.
Get Sample Copy of this Report @  https://marketreportscenter.com/request-sample/574430
Commenting on the report, an analyst from MRC team said: One trend in the market is introduction of Bitcoin gambling. Bitcoin is a type of cryptocurrency that allows peer-to-peer payments to take place on the Internet. With the growing popularity of bitcoins, many gambling vendors are providing gambling using bitcoins. This is due to the advantages which the cryptocurrency has over regular currency. One of the key benefits is that of cross-border transactions.
According to the report, one driver in the market is contribution towards economy. Gambling industry plays a prominent part towards the economy. For instance, the US alone accounted for 0.91% of the US GDP in 2017. The lottery market alone has a considerable potential to create job opportunities. Also, legalizing more number of the online and offline gambling will further fetch higher jobs to the seekers. Further, the industry is amongst the most diverse sector and attracts high foreign investments.
Further, the report states that one challenge in the market is high risk factors. One of the major factors hindering the growth and expansion of the gambling market is the huge risk involved in running the business, though profit margins are high. As the profit margins are high, gambling market attracts the entry of both; legal and illegal gambling business. However, high-risk factor limits the legalization and expansion of the market in different countries and sometimes in different states of the countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Gambling
To calculate the market size, the report considers the revenue generated from type of gambling such as lottery, betting, and casino. In addition, we have segmented the market based on the sale of gambling types using offline and online platforms, wherein devices such as mobile and desktop are considered under the online platform.
MRC’s analysts forecast the global gambling market to grow at a CAGR of 8.45% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global gambling market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
MRC's report, Global Gambling Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
888 Holdings
Camelot Group
Galaxy Entertainment Group
INTRALOT
MGM Resorts
New York State Lottery
Paddy Power Betfair
Market driver
Contribution towards economy
For a full, detailed list, view our report
Market challenge
High risk factors
For a full, detailed list, view our report
Market trend
Introduction of Bitcoin gambling
For a full, detailed list, view our report
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