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Sports Betting Market is Booming | Detailed Analysis Report on Key Players, Growth Prospects & Market Size 2018-2022: Radiant Insights, Inc.

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Sports Betting Market is Booming | Detailed Analysis Report on Key Players, Growth Prospects & Market Size 2018-2022: Radiant Insights, Inc.Reading Time: 2 minutes

 

The global Sports Betting Market is expected to rise at a significant CAGR of 8.62% during the period 2018-2022. Sports betting market is driven by significant outlay of users on online platforms for gambling and easy money practices. Virtual gaming is getting a wider attention due to rise in the number of users logging on hourly basis.

The primary audience for sports betting includes the age group of 16-23 years and the secondary audience (above 26 years of age). For the former age group, betting rooms such as rummies and lotteries exist whereas the latter age group actively deals with football, hockey, cricket, auto racing, horseracing, and dog racing. Out of the ones mentioned, horseracing and dog racing are legal in most of the countries; whereas betting on football, hockey, and cricket have limitations to operate in several countries.

However, scandals and illegal betting practices involving a huge amount of money have hindered the market growth for sports betting activities. Stringent laws by Government in several countries are expected to check the illegal market in the forecast period. Geographical segmentation for sports betting market includes North America, South America, Europe, Asia-Pacific, Middle East, and Africa. Asia-Pacific dominates the sports betting market due to presence of digital platforms, user adoption to online betting, and presence of a sizeable market in several regions of APAC. Additionally, increase in demand for online games that involve money gambling contributes significantly to the sports betting market. Horseracing is one of the prominent areas of sports betting. As compared to European and North American counterparts, the market is in its booming stages with more people actively interested in wrestling and knockout matches. Middle Eastern and African regions operate on regional levels but have a greater access to online casinos. The key players in the sports betting market include GVC holdings, Kindred Group, William Hill, Paddy Power Betfair, and 888 Holdings.

Access 114 page research report with TOC on Sports Betting Market available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-sports-betting-market-2018-2022 

  • About Sports Betting:Sports betting is a type of gambling activity that involves predicting the outcome of a sports activity and placing wagers accordingly.
  • Covered in this report:The report covers the present scenario and the growth prospects of the global sports betting market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of sports betting.
  • The market is divided into the following segments based on geography:
    • Americas
    • APAC
    • EMEA

Global Sports Betting Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

  • Key vendors:
    • 888 Holdings
    • GVC Holdings
    • Kindred Group
    • Paddy Power Betfair
    • William Hill
  • Market driver:
    • The digital revolution in sports industry
    • For a full, detailed list, view our report
  • Market trend:
    • Growing popularity of virtual sports betting
    • For a full, detailed list, view our report
  • Key questions answered in this report:
    • What will the market size be in 2022 and what will the growth rate be?
    • What are the key market trends?
    • What is driving this market?
    • What are the challenges to market growth?
    • Who are the key vendors in this market space?

 

About Radiant Insights, Inc.: 

At Radiant Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.


Source: Latest News on European Gaming Media Network

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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GGPoker Launches Exclusive Online Satellites To WSOP Circuit Bratislava

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Live poker festival hosted at Card Casino Bratislava, Slovakia from August 1 through August 12

GGPoker, the World’s Biggest Poker Room, today announces the launch of online satellite tournaments for the WSOP-C Bratislava €1M-Guaranteed Main Event. This massive tournament headlines the upcoming WSOP Circuit Bratislava poker festival, which runs from August 1 through August 12 at Card Casino Bratislava and will be the sole WSOP-C stop in Slovakia this year.

WSOP-C Gold Ring & €1,000,000 Guaranteed

The WSOP-C Bratislava Main Event features a €1,500 buy-in, and the winning player will take home a coveted WSOP Circuit gold ring in addition to the largest slice of the €1,000,000 guaranteed prize pool.

Players do not need big bankrolls to begin their journey to WSOP Circuit Bratislava. GGPoker qualifiers start at just €1, so a modest investment could win a ticket for the series’ headline event—and maybe even lead to a deep run and that prestigious ring!

Satellites From €1

GGPoker players can qualify via three stages:

  • €1 Step leading to
  • €15 Step leading to
  • €150 Final Phase Satellite

Players can buy in directly to any stage, and each €150 Final Phase Satellite guarantees at least three tickets to the €1,500 Main Event.

“The chance to qualify for the WSOP-C Bratislava Main Event for just €1 is hard to resist,” said Paul Burke, Head of PR at GGPoker. “With GGPoker’s online satellites, you can secure your seat from home and then make the trip to Bratislava for the live stages. We’re thrilled to bring this marquee tournament to Slovakia’s capital for the first time, putting world-class poker on players’ doorstep.”

Satellites are already available in the GGPoker tournament lobby, and the poker community can follow updates from the live festival on WSOP.com and Card Casino Bratislava’s social channels.

To ensure that WSOP Circuit Bratislava players enjoy the best experience possible, the festival will use the new WSOP+ application, which makes event registration, player tracking, and content sharing easier than ever before.

 

The post GGPoker Launches Exclusive Online Satellites To WSOP Circuit Bratislava appeared first on European Gaming Industry News.

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GoldenRace’s Social Crash, the feature of engagement

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GoldenRace, the leading B2B provider of award-winning Virtual Sports and betting solutions, has announced a major innovation in its Crash Games: a new in-game live chat feature designed to transform solo gaming into shared, interactive experiences.

Crash games have long been synonymous with speed, intensity and instant gratification – but they’ve traditionally lacked a social element. Now, GoldenRace is changing that with a feature that brings real-time interaction to online casinos, turning every session into a community-driven event.

“We wanted to recreate what retail betting has delivered for centuries – a truly social experience – but adapted for the online casinos,” said Martin Wachter, CEO & Founder of GoldenRace. “We’re giving operators the tools to engage more players, build stronger communities and maximise one of the industry’s fastest-growing verticals.”

Research consistently shows that social presence significantly boosts player retention, session duration and brand loyalty – especially among younger audiences who expect interactive, connected experiences.

The new functionality enables a live chat with preset messages, emoji reactions and instant cash-out sharing directly within the game interface. Every interaction is tied to a visible username, allowing players to see and respond to one another’s actions as they happen. Even with the chatbox packed, floating messages and emojis ensure no moment goes unnoticed.

From an operational perspective, the feature is seamless to integrate and manage. All settings are controlled directly from the back office, with no additional technical effort required.

The upgrade is now live across GoldenRace’s most popular Crash titles:

  • Meteoroid,
  • Fire Crash,
  • Jet Escape,
  • Boom Ball Juggle
  • Danfo Crash.

 

The post GoldenRace’s Social Crash, the feature of engagement appeared first on European Gaming Industry News.

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Vibra Mines: The Classic Minesweeper Transforms into an Explosive Game of Prizes and Strategy

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Keep clicking to uncover stars and boost your winnings… but one wrong move could blow up the game.

Vibra Gaming, the leading game and platform developer for the LatAm market, presents Vibra Mines, a modern and vibrant take on the legendary Minesweeper, where every decision can lead to huge multipliers and guaranteed excitement.

The game unfolds on a configurable grid (3×3, 5×5, 7×7, or 9×9) with hidden tiles. Players can choose how much to bet and how many bombs will be on the board decisions that directly influence the risk level and potential rewards. To win, players click on tiles to reveal stars, increasing their bet multiplier. At any moment, they can choose to cash out and walk away before a bomb is revealed.

The game also includes innovative mechanics that take the excitement to another level. By choosing the number of hidden bombs on the board, players can adjust the difficulty and boost their prize multiplier as the round progresses. Additionally, if a heart appears after triggering a bomb, the game grants an extra life, allowing the player to continue without ending the round. This unique mechanic adds an extra layer of thrill and strategy, as only one extra life can be obtained per round.

Sebastián Caden, Marketing Manager at Vibra Gaming, comments: “With Vibra Mines, we wanted to go back to basics: a simple yet captivating mechanic. It’s a game where intuition and strategy are key, and where every player can choose their own level of risk. We know it’s going to generate huge excitement among players throughout the region.”

 

The post Vibra Mines: The Classic Minesweeper Transforms into an Explosive Game of Prizes and Strategy appeared first on European Gaming Industry News.

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