Global Gambling Market 2018
Any business has a high probability of unexpected factors, however, focusing on last year's trends, sometimes it is possible to predict the future. For example, earlier we’ve mentioned that the interest in video slots and bets in the online gambling sector was increasing, while digital poker was losing ground. We offer you to consider the forecast of trends for 2018 in more details.
It is anticipated that the global online gambling market will expand rapidly, with a forecasted compound annual growth rate (CAGR) of 11.8% from 2018 to 2026. The forecasted positive growth is due.
- GLOBAL ONLINE GAMBLING MARKET SIZE TO REACH USD 74.36 BILLION BY 2023, GROWING AT A CAGR OF 9% DURING THE FORECAST PERIOD. Online Gambling Market Size, Share, Trends, Analysis Report by Product (Betting, Casino, and Lottery), Platform (Desktop and Mobile), and Geography (APAC, Europe, North America, Latin America, and Middle East & Africa), Industry Analysis Report, Regional Outlook, Growth.
- 05, 2018 — The “Online Gambling Market – Global Outlook and Forecast 2018-2023” report has been added to ResearchAndMarkets.com’s offering. The global online gambling market is anticipated to generate revenues of more than $74 billion by 2023, growing at a CAGR of approximately 10% during 2017-2023. The study considers the present scenario.
Branded Video Slots
The first digital slot game, connected with the works of popular culture, was released in 2004. It was Tomb Raider from Microgaming. The attention to video slots based on games, films, novels, etc. continues to grow.
In 2017, Playtech signed the largest deal for the gambling market with the Warner Bros studio. As a result of the agreement, Playtech received the rights to create slots based on superhero movies ‘Batman vs. Superman’ and ‘Suicide Squad’.
Global Gambling Market 2018 Calendar
It is expected that in 2018 branded video slots will have an increased popularity. Both the developers and operators think so.
Live casino
For the first time the ‘live’ casino was represented by Playtech in 2003. Since then, it has been actively developed and implemented by operators around the world. According to forecasts, in 2018 the live casino will finally appear in the portfolios of Germany’s largest gambling platforms.
VR Casino
This innovative direction has been developing since 2015. VR products still belong to the elite segment, as the roadmap is developing and available only to the owners of VR headsets. However, the technology is evolving, and more affordable headsets appear on the market. In 2018, global segment of VR casino is expected to grow.
Mobile apps
In the first half of 2017, mobile applications accounted for 35.7% of the total gambling market, which is almost 2% more than in the same period in 2016. It is predicted that the share of mobile gambling will continue to grow until 2020. Most of the top developers of video slots prudently prepare versions not only for PCs, but also for tablets and smartphones.
Global Gambling Market Size 2018
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