The Global Gambling Market Was Valued At $206 Billion In 2017 According To TBRC’s Latest Report


Posted August 2, 2018 by praneethtbrc

The global gambling market was valued at $206.3 billion in 2017. Asia Pacific was the largest geographic region accounting for $90.2 billion or 43.7% of the global market.

 
This industry includes establishments involved in operating gambling facilities, such as casinos, bingo halls, video gaming terminals, lotteries, and off-track betting. Bingo parlors, coin-operated gambling device concession operators, bookmakers, lottery ticket sales agents, and card rooms are also included in this industry.

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The global gambling market was valued at $206 billion in 2017. Technological advancements, growing popularity of fitness centres, introduction of virtual theme parks and development of 360-degree technology to offer people a real-life experience of the virtual world are the factors that are expected to boost the market in the forecast period.
The gambling market is segmented into casino, lotteries, sports betting and others.

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The USA was the largest country in the market, accounting for nearly two-fifth of the global gambling market. This is mainly due to the largest markets for gambling with Las Vegas being the most popular city for this. The USA was followed by China and India as the next largest countries in the market.
The major competitors in the market are William Hill, MGM Resorts, Las Vegas Sands, Paddy Power, and Betfair Entertainment. MGM Resorts International is a global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the art meetings and conference spaces.

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Categories Business , Industry , Technology
Tags casino market report , gambling global market report 2018 , lottery market report , sports betting market report
Last Updated August 2, 2018