Harrisburg, NC -- (SBWIRE) -- 10/20/2020 -- Gambling Global Market Report 2020-30: Covid 19 Impact and Recovery

The gambling services market consists of sales of gambling services and related goods by entities (organizations, sole traders and partnerships) that operate gambling facilities, such as casinos, bingo halls, video gaming terminals, lotteries, and off-track betting. Bingo parlors, coin-operated gambling device concession operators, bookmakers, lottery ticket sales agents, and card rooms are also included in this market. Revenues in this market include the margins made on the amounts gambled but not those amounts themselves.

Gambling market has set a new trend of game content through socialization and mobilization. Players use social networks and mobile gadgets to play which helps in cash-less transactions. This has boosted the interaction and communication among people through social games. Also new regulatory acts adopted by many countries paved favorable conditions for the growth of gambling market. For instance, Free To Play format games are a big hit, which draws more people to join online gambling industry.

The global gambling market is expected to decline from $521.6 billion in 2019 to $495.6 billion in 2020 at a compound annual growth rate (CAGR) of -5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $592.5 billion in 2023.

Top Leading Companies mentioned are

William Hill; MGM Resorts; Las Vegas Sands; Paddy Power; Betfair Entertainment

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Asia Pacific was the largest region in the global gambling market, accounting for 38% of the market in 2019. North America was the second largest region accounting for 29% of the global gambling market. Middle East was the smallest region in the global gambling market.

Markets Covered:

1) By Type: Casino; Lotteries; Sports Betting; Others - Gambling

News and Latest Development:

07 October 2020: Hundreds of Romanian hospitality workers protested Wednesday evening in the capital, Bucharest accusing the government of failing to protect their industry from the pandemic's economic fallout, even as a new lockdown kicked in..

August 21, 2020: New Scientific Literature Review Finds No Evidence of the Spread of COVID-19 Through Food Consumption or in Association with Food Packaging: The American Frozen Food Institute (AFFI), in partnership with North Carolina State University (NC State) researchers Drs. Lee-Ann Jaykus and Benjamin Chapman, conducted a scientific literature review to understand the nature of survival and persistence of SARS-CoV-2, the virus that causes COVID-19, in foods and on food contact surfaces and food packaging materials, and the potential for foodborne transmission.

Essential points covered in Global Gambling Market2020 Research are:-

What will the market size and the growth rate be in 2020?
What are the key factors driving the global Gambling market?
What are the key markets trends impacting the growth of the global Gambling market?
What are the challenges to market growth?
Who are the key vendors in the global Gambling market?
What are the market opportunities and threats faced by the vendors in the global Gambling market?
What are the key outcomes of the five forces analysis of the global Gambling market?

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This independent 300 page report guarantees you will remain better informed than your competition. With over figures examining the Gambling market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2020.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Gambling in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Furthermore, the report provides a detailed analysis of the global Gambling market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Gambling market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

Reasons for Buying this Report:

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for Gambling.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market research findings.
Benchmark performance against key competitors.
Utilize the relationships between key data sets for superior strategizing.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
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The research includes historic data from 2014 to 2020 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Gambling on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Gambling Market and assist manufacturers and Gambling organization to better grasp the development course of Gambling Market.

Note: All the reports that we list have been tracking the impact of COVID-19 . Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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