Amid the COVID-19 crisis and the looming economic recession, the Gambling market worldwide will grow by a projected US$204.7 Billion, during the analysis period

Reportlinker.com announces the release of the report “Global Gambling Industry”

An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Lottery market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.

As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.6% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$5 Billion to the region’s size over the next 7 to 8 years. In addition, over US$4.3 Billion worth of projected demand in the region will come from Rest of European markets. In Japan, the Lottery segment will reach a market size of US$5.2 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Gambling market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world’s second largest economy will grow at 10.6% over the next couple of years and add approximately US$65.4 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Gambling market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others, 1xbet (Exinvest Limited); Holdings PLC; AsianLogic Limited; Bet365 Group; bet-at-home.com AG; Betsson AB; Betway Limited; BML Group Ltd. (Casinoeuro); Caesars Interactive Entertainment, Inc.; Camelot Group; Casino Cosmopol; Casumo Services Limited; Co-Gaming Ltd. (Casinostugan); Co-Gaming Ltd. (Comeon); Folkeautomaten; Funstage Spielewebseitenbetriebsges.m.b.H; Galaxy Entertainment Group Ltd.; Genting Berhad; GVC Holdings PLC (Isle of Man); Jackpotjoy Plc; Kindred Group plc; Las Vegas Sands Corporation; LeoVegas AB; MGM Resorts International; Mobilbet; Mr Green Limited; mybet Holding SE; NorgesAutomaten; Norsk Tipping AS; OnlineCasino Deutschland AG; Osterreichische Lotterien Gesellschaft mbH (Win2day); Paddy Power Betfair; Pinnacle (Curacao); Playtech PLC (Isle of Man); Rank Group Plc; SJM Holdings Ltd.; Sportech PLC; Svenska Spel AB; The Stars Group; Vera & John; William Hill PLC; Wynn Resorts Limited

Read the full report: https://www.reportlinker.com/p05899560/?utm_source=GNW