Gambling Betting Market

In general, Gambling is betting on the outcome of a game or an event that may have an uncertain result. Usually, it comprises putting a specific amount of money on stake, in the hope of gaining more. Therefore, it is safe to say that Gambling is an activity that depends on the player?s lucky stars as well as their choice of outlet. There are many non Gamstop casinos that assist the players during the experience, highlighting that it has nothing to do with that person?s experience, skills and competences.

Today, some of the most popular gambling activities are video slots, progressive slots, online casino games and table games that include Craps, Video Poker, Roulette, Baccarat, and Blackjack. In some countries across the world, the governments tend to control or regulate the act of gambling since it is addictive in nature and has led many people to lose a large amount of money in the hope of making it big fortune through gambling.

Betting, on the other hand, is considered to be a form of gambling. More precisely, betting is all about predicting the outcome of a future event and placing a wage on that outcome. Officially, Betting is identified as an organised commercial activity between two parties ? there is one that predicts an outcome and places a bet and the other who either forfeits the bet or pays the agreed money to the player.

In other words, betting companies such as casinos invite their members to place bets and cash out the winnings according to the bets that are waged by players. Some of the most popular ways on Betting nowadays include casino games, sports, horse racing, or just any important events taking place anywhere in the world.

The statistical scope of Gambling Betting Market covers the legally regulated Gambling & Betting market, which does not include illegal.

Gambling Betting Market contains market size and forecasts of Gambling & Betting in Global, including the following market information:

Global Gambling & Betting Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Gambling & Betting market was valued at 262000 million in 2021 and is projected to reach US$ 356500 million by 2028, at a CAGR of 4.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Casino Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Gambling & Betting include Las Vegas Sands, MGM Resorts, Caesars Entertainment, Galaxy Entertainment, Wynn Resorts, Melco Resorts & Entertainment, Penn National Gaming, SJM Holdings and Boyd Gaming, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Gambling & Betting companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Gambling & Betting Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Gambling & Betting Market Segment Percentages, by Type, 2021 (%)

Casino

Sports Betting

Poker

Bingo

Lottery

Others

Global Gambling & Betting Market, by Platform, 2017-2022, 2023-2028 ($ millions)

Global Gambling & Betting Market Segment Percentages, by Platform, 2021 (%)

Online

Offline

Global Gambling & Betting Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Gambling & Betting Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Gambling & Betting revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Gambling & Betting revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Las Vegas Sands

MGM Resorts

Caesars Entertainment

Galaxy Entertainment

Wynn Resorts

Melco Resorts & Entertainment

Penn National Gaming

SJM Holdings

Boyd Gaming

Genting Group

Crown Resorts

GVC Holding

bet365

Flutter Entertainment

William Hill

Kindred Group

888 Holdings

Betsson AB

Entain plc