LONDON–(BUSINESS WIRE) – Technavio announces the release of its latest report on the online gambling market. The market is segmented by Type (Lottery, Betting and Casino), Device (Desktop and Mobile), and Geography (APAC, Europe, MEA, North America and South America). The report provides an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches and market behavior in various segments.
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Online Gambling Market: Key Findings
Online gambling market value is expected to increase by $ 114.21 billion over the 2020-2024 period
36% of the market growth came from APAC in the forecast period
Depending on the type, the lottery segment offers maximum opportunities for providers in the forecast period
The online gambling market is expected to have a positive impact due to the spread of COVID-19
Online gambling market: growth drivers
“The increasing popularity of the freemium model is one of the main drivers for the growth of the market. In addition, the introduction of Bitcoin gambling will further stimulate market growth in the forecast period, ”says a senior analyst at Technavio.
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Online gambling market: main provider
888 Holdings Plc
888 Holdings Plc operates in segments such as B2C and B2B. The company offers casino, poker, bingo and sports betting.
The bet365 Group operates in segments such as sports, in-play and casino. The company offers online casino and poker games, including in-play and sports betting.
Betsson Ab operates its business through segments such as Casino, Sportbook and other products. The company offers online betting in various sports.
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