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Growth Ahead For Online Gambling
GOOD GROWTH AHEAD FOR ONLINE GAMBLING, SAYS RESEARCH FIRM
Transparency Market Research forecasts market growth at a CAGR of 10.8 percent by 2024.
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
Major brands like William Hill PLC, Playtech PLC, Paddy Power Betfair PLC, Amaya, Inc., and Ladbrokes Coral Group PLC are marked as highly promising players expected to generate larger shares for themselves over the coming years, the teaser notes.
The company agrees with the widely held opinion that the global online gambling and betting market will become more consolidated after experiencing a growth in the number of mergers and acquisitions.
The nature of the market leaves very little scope for service differentiation which is currently restricting the entry for new players, it opines. Policies and regulations surrounding online gambling and betting are also highly stringent in several regions, leaving little scope of growth for new entrants.
The global online gambling and betting market is expected to reach US$96.89 billion by 2024, the researcher estimates, concluding that its value at the end of 2016 was US$42.63 billion .
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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