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Published on : Oct 05, 2016

ALBANY, New York, Oct 05, 2016: The new report, titled “Global Online Gambling Market 2016-2020,” is a concise documentation of the changes that have occurred in this market over the recent past. The report thus provides a factual and statistical image of the market as it stands today. More importantly, the report derives a prediction of the future of the global online gambling market till 2020 and how the dynamics are expected to change till then.

As stated in the report, the global online gambling market is experiencing a CAGR of 9.03% within a forecast period from 2016 to 2020. This report, through an in-depth analysis of the market through multiple sources, states that the key driver augmenting the market currently is the growing amount of taxes produced from painless revenue.

However, the global online gambling market is currently facing the growing threat posed by online gaming. The growing number of online games on various media portals is creating an intensifying competition to the various gambling portals in terms of user base. Users are steadily being attracting to online gaming portals as they can provide entertainment without the user having to use real money.

The report covers key aspects of the global online gambling market in terms of its revenue. This includes the revenue produced through multiple digital media activities including casinos, lotteries, and betting.

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One of the key trends discussed in the report includes the changing nature of gambling consumers. Consumers are steadily shifting their preference from visiting gambling casinos to online gambling due to the significantly greater convenience level of having to play from one’s home, along with the growing use of digital wallet and online payment systems that make it easier to use such online services.

From a geographical point of view, the global online gambling market holds a diverse number of users across various key regions, as well as a diversity in user demographics. To help the report’s user get a clear idea of this consumer charting, the report divides the global online gambling market into the key regions of the Americas, Asia Pacific, and Europe, the Middle East and Africa. Each region is explained in terms of user statistics, both past and present, to gauge how the current trends and dynamics are going to affect these numbers.

The competitive landscape in the global online gambling market is given high priority in the report, as key players are known to have a significant effect in the control of market trends. The top players explained in the report include Unibet, Ladbrokes, Bwin, Bet-at-home, and 888 Holdings. Other prominent vendors discussed in the report include WorldWinner, Sportech, The Rank, Paddy Power, Harrington Gaming Online, FanDuel, Camelot, Betsson, BetAmerica, and TVG.

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