SÁB 20 DE ABRIL DE 2024 - 06:16hs.
ZMR Report

Online betting market share to reach US$ 94.4bn globally by 2024

Zion Market Research has recently added a new report titled “Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024” to its research database. With complete information about the sector, it forecasts that the online betting market share will reach US$ 94.4 billionn globally by 2024. Some of the promising regions and countries mentioned are United States, Germany, France, United Kingdom and Brazil, among others.

The leading research firm Zion Market Research added a recent report on “Online Gambling & Betting Market by Game Form (Poker, Casino, Sports Betting, Bingo, Lottery, Horse Racing Betting, and Others) and by Component (Hardware, Software, and Service): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024” to its research database.

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According to the new report from  ZMR Report, some of the major online gambling and betting market players are B et365 Group Ltd.,Betfred Ltd., 888 Holdings plc, Paddy Power Betfair Plc,     GVC Holdings Plc, The Stars Group, The Betway Group, William Hill plc, Kindred Group, Rank Group, Playtech, and William Hill Plc, among others.

In relation to the most relevant markets, it is worth mentioning that we are living in times of change. With a consolidated European market for some years, the United States opened the doors to sports betting so that each state can regulate its own market. This is how, for several months now, different states have approved sports betting operation while others are in the legislative process to join this giant sector that moves billions of dollars a year.

At the same time, South America also begins to accept the inevitable with new legislations and opening options in different countries. While Colombia regulated the activity last year and already has almost 20 legal operators, Peru is initiating a similar process, Argentina has already given its approval to the activity in its two main districts (Province of Buenos Aires and City of Buenos Aires), and Brazil approved a law that authorizes sports betting and is in the process of regulating the activity.

The worldwide geological [Latin America, North America, Asia Pacific, Middle & East Africa, and Europe] analysis of the Online Gambling & Betting Market plan has furthermore been done cautiously in this report. The dynamic establishment of the overall report depends on the assessment of item circulated in various markets, limitations, general benefits made by every association, and future aspirations.

According to the report, some of the promising regions and countries are: North America (United States), Europe ( Germany, France, UK), Asia-Pacific ( China, Japan, India), Latin America ( Brazil), and The Middle East & Africa.

Regarding the report, Zion Market Research explained that the gathered data involves the information about the industry’s establishment, type and the form of products it manufactures, annual sales and revenue generation, the demand of the manufactured product in the market, marketing trends followed by the industry, and a lot more important information.