ALBANY, New York, July 24, 2018 — According to a new market research report published by Transparency Market Research titled “Online Gambling & Betting Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global online gambling & betting market is expected to reach a value of US$ 128.2 Bn by 2026, expanding at a CAGR of 11.8% from 2018 to 2026. Europe held the leading share of the online gambling & betting market in 2017.
Online gambling and betting refers to operators providing gambling and betting games, such as, casino, poker, sports betting, lottery, and other games to end-users through an Internet-based digital platform. This allows users to witness and engage in gambling and betting activities in real-time through their Internet-enabled electronic devices. Rise in penetration of Internet-based devices, trust on wagering through online mode of payment, and relaxation of laws have boosted the online gambling & betting market across the globe. Based on device type, the mobile segment is anticipated to expand at a significant CAGR of around 16 % during the forecast period.
Request a Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2662
Factors, such as, increase in prevalence gambling, disposable income of consumers, trust in a wagering through electronic payment mode of online gambling & betting, and growth in penetration of the Internet, along with adoption of Internet-based devices, are driving the growth of the online gambling & betting market. However, stringent regulatory laws for online gambling, insufficient facility for internet operations, and threat of cyber-attack are the major challenges faced by the online gambling & betting market. Furthermore, the online gambling & betting market faces threats from regulatory bodies implementing stringent laws and regulations in terms of social-political aspects and the availability of option to wager in traditional or offline gambling & betting. Nevertheless, integration of live streaming with online gambling and development of online gambling & betting sites with advanced technology as per requirement of end-users are likely to create new opportunities in the market.
The global online gambling & betting market report offers detailed segmentation based on gaming type, device type, and region. According to the report, based on gaming type, the sports betting segment is anticipated to expand at a significant CAGR of about 14 % during the forecast period. Casino was the second leading segment of the online gambling & betting market in terms of value in 2017. In terms of value, the sports betting and casino segments are projected to expand at a CAGR of about 14 % and 12 %, respectively, during the forecast period. The mobile segment is anticipated to expand at a CAGR of around 16% from 2018 to 2026. The desktop segment is expected to remain at a competitive growth rate with a CAGR of around 6 % during the forecast period.
Download Report TOC for in-depth analysis at https://www.transparencymarketresearch.com/report-toc/2662
Europe led the online gambling & betting market in 2017. The online gambling & betting market in Asia Pacific is anticipated to expand at a significant CAGR of around 14 % during the forecast period. Primary drivers of the online gambling & betting market in Asia Pacific are relaxation of laws, growth in participation of wagers through Internet, and availability of foreign gambling & betting sites with attractive offers. Additionally, increase in penetration of Internet-based devices and trust in using online gambling & betting sites are stimulating the market. Europe is expected to witness a significant growth during the forecast period. The online gambling & betting market in North America is anticipated to expand at a CAGR of about 12 % from 2018 to 2026.
Leading players operating in the online gambling & betting market include 888 Holdings plc, The Stars Group, Paddy Power Betfair plc. Fortuna Entertainment Group, GVC Holdings Plc., and Kindred Group, as profiled in this report.
Request for Customization Report at https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2662
The global online gambling & betting market has been segmented as below:
By Gaming Type
- Social Gaming
- Sports Betting
- Fantasy Sports
By Device Type
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
Popular Research Reports by TMR:
- Online Casino Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025:https://www.transparencymarketresearch.com/online-casino-market.html
About Transparency Market Research:
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Source: Press Releases Published on European Gaming Media Network
Legislators from Gaming States Announces 35 Expert Speakers for January 10-12 Winter Meeting in San Diego
The National Council of Legislators from Gaming States (NCLGS) announced the roster of speakers for its NCLGS Winter Meeting 2020 that takes place January 10-12, 2020, at the Marriott Marquis San Diego Marina. Registration is open for legislators and the public at http://nclgs.org/index.php/events/nclgs-winter-meeting-san-diego-2020.
“We are excited that so many highly respected experts are joining us this year in San Diego to help legislators, regulators, and industry participants understand the evolving landscape that is gaming across the United States,” said NCLGS President-elect Keith Pickard, a Nevada State Senator. “The lineup of speakers and panelists this year is unprecedented in quality and scope. I can hardly wait for this conference to start.”
The NCLGS Winter Meeting will focus on critical issues that legislative decision makers throughout the United States will confront, ranging from the rollout of sports betting to growing revenues and generating employment, to law enforcement, security and cheating at casinos. Additionally, a major policy initiative will be unveiled by American Gaming Association’s (AGA) Responsible Gambling Collaborative as a special presentation.
Speakers who will address these and other timely issues include:
- Gerald Aubin, Director, Rhode Island Lottery
- Joe Briggs, Staff Counsel, Public Policy Counsel, National Football League Players Association
- Jonodev O. Chaudhuri, Partner, Quarles & Brady
- William P. Coley II, Senator, Ohio
- Frank Donaghue, Vice President of Regulatory Affairs, Chief Compliance Officer, Penn National
- William Egan, Senior Lottery Associate, Spectrum Gaming Group
- Alan Feldman, Distinguished Fellow, Responsible Gaming, University of Nevada, Las Vegas – International Gaming Institute
- Jon Ford, Senator, Indiana
- Steve Geller, Principal, Geller Law Firm
- Robert Heller, CEO, Spectrum Gaming Capital
- Jamie Hummingbird, Director, Cherokee Nation Gaming Commission
- Brandt Iden, Representative, Michigan
- Robert Jacobson, Executive Director, California Council on Problem Gambling
- Susan Jensen, Executive Director, California Nations Indian Gaming Association
- Kate Lowenhar-Fisher, Member, Dickinson Wright
- John Maloney, Principal Attorney, John K. Maloney Law
- Marquest Meeks, Senior Counsel, Sports Betting & Investigations, Major League Baseball
- Cody Martinez, Chairman, Sycuan Band of the Kumeyaay Nation
- Bill Miller, President & CEO, American Gaming Association (AGA)
- Steve Norton, CEO, Norton Management
- Keith Pickard, Senator, Nevada
- Dan Reaser, Director, Fennemore Craig
- F. Douglas Reed, Senior Pari-Mutuel Associate, Spectrum Gaming Group
- Kevin Ryan, Representative, Connecticut
- May Scheve Reardon, Executive Director, Missouri Lottery
- Sue Schneider, Editor-in-Chief, Gaming Law Review
- Judith A. Shapiro, Esquire, Judith Shapiro Law
- Katherine Spilde, Professor, L. Robert Payne School of Hospitality & Tourism Management, San Diego State University
- Perry Thurston, Senator, Florida
- Dave Trujillo, Director, Washington State Gambling Commission
- Joe Verrengia, Representative, Connecticut
- Rachel Volberg, Research Professor, School of Public Health and Health Sciences, University of Massachusetts Amherst
- Keith Whyte, Executive Director, National Council on Problem Gambling
- Robert Zahradnik, Principal Officer, State and Local Fiscal Health, The Pew Charitable Trusts
- Jane Zerbi, Principal, Law Office of Jane Zerbi
Additional speakers will be added in the coming weeks.
The agenda for the three-day NCLGS Winter Meeting includes:
- Six legislative-chaired Committee sessions that will focus on tribal and commercial casinos, responsible gaming, and lotteries, as well legal, regulatory, and operational aspects related to sports betting
- Two IMGL masterclass panels conducted by the International Masters of Gaming Law focusing on the legal and regulatory trends of tribal-state gaming compacts and cutting-edge issues related to the surge of sports betting across the U.S.
- Morning Keynote Address from Robert Zahradnik of The Pew Charitable Trusts
- Luncheon Keynote Address from Bill Miller of AGA: “State of the Industry”
- Special presentation featuring the release of the “Responsible Gambling Effectiveness Principles” by AGA’s Responsible Gambling Collaborative
- General session panel examining what state and local governments can do to capture economic benefits of gaming
- Thursday evening networking reception
- Friday evening welcome reception
- Saturday afternoon offsite event
To view the agenda, register, and book rooms at the host hotel at special attendee rates by the December 11 deadline, visit http://nclgs.org/index.php/events/nclgs-winter-meeting-san-diego-2020.
For sponsorship information, contact email@example.com. Legislators and others seeking NCLGS membership information should contact Wayne Marlin at firstname.lastname@example.org.
NCLGS is the only organization of state lawmakers that meets on a regular basis to discuss issues relating to gaming. Members of NCLGS serve as chairpersons or members of state legislative committees responsible for the regulation of gaming in their state legislative houses. NCLGS does not promote or oppose gaming but is primarily concerned with the regulation and economic and social impacts of the industry. The NCLGS Foundation is the educational and research arm of NCLGS. The 501(c)(3) non-profit is a source of non-partisan data on issues of gaming legislation and regulation. Learn more about NCLGS at https://www.nclgs.org/.
Spectrum Gaming Group, which has performed advisory and consulting work for gaming operators, regulators, and legislatures in 40 U.S. states and territories and in 48 countries on six continents, serves as Executive Director of NCLGS. Discover more about Spectrum at https://www.spectrumgaming.com/.
SOURCE National Council of Legislators from Gaming States
Play’n GO Hit All the Right Notes With Black Mamba
Slot supplier Play’n GO have returned to the music world for their latest slot Black Mamba, created in partnership with the Italian hard rock band of the same name.
After the success of House of Doom, Sabaton and their most recent release, Demon, Play’n GO have once again teamed up with another band to create and unique slot based on their musical stylings.
The Italian super band from Italy comprises of four members; Martina Cori (vocals), Alexandra Maiolo (guitar), Cecilia Nappo (bass) and Federico Maragoni (drums), all of whom feature as characters in the game, using their musical skills as part of its special features before coming together in an epic grand finale.
As always, the band themselves were very involved in the game’s creation process, making several visits to the company’s office to work with the producers and artists involved in crafting the game’s final design.
The slot includes the band’s original music, as its soundtrack is taken from their newest album Black Mamba II, which was released in October this year. This includes popular tracks such as Monsters, Natural Born Disaster and the hit single Watch Me When I Fail, which is performed during the game’s main Free Spins feature.
To celebrate the release of the game, Play’n GO are hosting an exclusive concert featuring Black Mamba and English rock band Demon. The concert will coincide with the first evening of SiGMA, November 27th.
The game is another example of the company’s creativity in the world of slots. While the musical slot theme is a popular one, Play’n GO have managed not only to approach it uniquely but also redefine the idea of what it means to create a slot of this type.
CEO Johan Törnqvist spoke on the company’s unique approach to their slot making:
“Creativity and innovation are at the heart of everything we do; we want to take this form of entertainment into new territories, and that means playing with new ideas and new concepts.
Working with the band to create the slot is an example of this; we ensure that we capture the personality and the essence of their music and fuse it with the Play’n GO spirit you get with every release. To do that successfully, that’s when you know you’ve created something special.”
Black Mamba is available to play online today.
Greentube granted G4 certification
Supplier marks Responsible Gambling Week with key accreditation
Greentube, the NOVOMATIC Interactive division, has marked Responsible Gambling Week by becoming the first Austrian supplier to receive Global Gambling Guidance Group (G4) certification, the world’s strictest international player protection standard.
The G4 award, which covers all business verticals of a gaming company, underscores Greentube’s commitment to responsible gambling and the effectiveness of its player protection measures. The certification extends across the NOVOMATIC group, recognising achievements as both an operator and supplier of terrestrial slot arcades and casinos, sports betting, as well as online gaming and technology development.
Greentube’s responsible gambling measures were tested against nearly 100 criteria by independent auditors, who analysed in-house guidelines and codes of conduct, staff training on addiction prevention, age identification and youth protection. The supplier was also tested on the information available to customers on the risks of gaming, self-limitation tools and self-blocking options as part of the voluntary process.
Its parent company, NOVOMATIC, is the only gaming technology group worldwide to have successfully undergone G4’s strict analysis on such a scale and across multiple business segments, with a total of ten top-performing subsidiaries in Austria, Germany, the UK and the Netherlands achieving the accreditation. According to G4, the vast majority of Group revenue and its 30,000 employees will be certified in the coming year as auditing of the remaining companies progresses.
Barbara Zemann, Corporate Responsibility & Sustainability Manager at Greentube, said: “Receiving G4 certification is a monumental achievement for Greentube and the wider NOVOMATIC Group. It recognises our dedication to ensuring that player protection runs through the core of the business and that our gaming technology adheres to the highest responsible gambling standards.
“We are very proud that we have adopted the ‘responsible entertainment first’ mindset effectively at every level and been independently endorsed accordingly. The accreditation sends a clear message that we are committed to not only the continuous improvement of our games and products but to help players enjoy them safely.”
The G4 certificate must be renewed annually by means of a re-certification process, with standards regularly updated to reflect the latest scientific findings.
Australian NAB Bank Offers Gambling Restriction Option In App
Game Payment Technology raise international profile at ICE London
Week 8/2020 slot games releases
Online Casino PlayJango Launches on SkillOnNet Platform
SportPesa CEO Outlines Plan to Return to Kenyan Market
Gambling Business Group deliver powerful industry insight to UK government department
Trustly recognized as the Best PISP, AISP at the Merchant Payment Ecosystem Awards (MPE Awards)
Newgioco Group Opens South America Subsidiary in Columbia
Aristocrat Leisure Limited Suspends Internal Travel in Asia
Parimatch Joins Esports Integrity Commission
Follow us on Twitter
Latest News3 months ago
Blockchain In Mobile Application Market
Latest News2 months ago
Pennsylvania Sportsbooks Score $316 Million November As Industry Turns 1
Latest News2 months ago
Zitro Shows Its Community Solidarity
Latest News2 months ago
Swedish Court Reduces Genesis and Aspire Global Penalty Fees
Latest News2 months ago
French Parliament Approves Gambling Bill
Latest News3 weeks ago
FinTech specialists aim to shape the future of money movement at ICE London
Latest News2 months ago
iGB Affiliate Awards 2020: Campeón Gaming Partners stands out with 2 nominations
Latest News2 months ago
Michigan could attract as much as $8 billion in sports bets annually, according to PlayMichigan.com analysts