Noticias de ultima
  • 12.00 ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM
  • 12.00 Thailand Entertainment Complexes: Casino Operator Proposes 5% Gaming Cap
  • 12.00 Allahabad High Court Instructs UP Government to Set Up Regulatory Panel for Online Gaming
  • 12.00 Justin Anastasi: ‘iGB L!VE represents a high energy, high impact, event where we take the pulse of the industry’  
  • 12.00 Sweden Prohibits Credit-Based Betting for Licensed Gaming Operators
  • 12.00 Gibraltar, Panama and The Philippines among others delisted from European Commission's list of high risk jurisdictions
  • 12.00 Italy's Gambling Overhaul Drives Swift Consolidation in Europe's Biggest Gaming Market
  • 12.00 EGBA announce that European Safer Gambling Week will take place from 17-23 November 2025
  • 12.00 Control Board recommends approval of IGT’s transition back to Las Vegas
  • 12.00 Comar Group Selects JCM Global Solutions for New Casino in Santiago de Compostela
Gaming

Global Online Gambling Market Size Expected To Reach $127 Billion By 2027

Thursday 23 de September 2021 / 12:57

2 minutos de lectura

(Florida).- The Global Online Gambling Market is projected to continue to grow over the next several years. Increasing adoption of smartphones and easy access to casino gaming platforms are currently driving the market. Factors such as increasing internet penetration and availability of cost-effective mobile applications for betting are also expected to contribute to market growth over the forecast period.

Global Online Gambling Market Size Expected To Reach $127 Billion By 2027

According to the American Gaming Association (AGA), as of 2018, approximately 2,800 sites are active online and offer activities including bingo, poker, and lottery. According to a report from Grand View Research, the global online gambling market size is expected to reach USD 127.3 billion by 2027, registering a CAGR of 11.5% from 2020 to 2027. The report said that the market is expected to gain traction over the forecast period. Growing popularity of betting across the globe and freemium model in online gambling are among the potential opportunities likely to unfold in the next few years.  Some of the highlights of the report were that: "The ease of sports betting using a computer or smartphone coupled with the proliferation of sports betting ads across the globe is expected to propel segment growth over the forecast period… A large number of customers are using desktops for betting as downloading and installing casino software proves to be easier on desktops. This, in turn, is expected to propel the growth of the desktop segment."    Active Companies in the markets today include Winners, Inc. (OTCPK: WNRS), Engine Media Holdings, Inc. (NASDAQ: GAME), DraftKings Inc. (NASDAQ: DKNG), Elys Game Technology, Corp.  (NASDAQ: ELYS), SharpLink Gaming Ltd. (NASDAQ: SBET).


Grand View Research added: "Europe is expected to continue its dominance over the forecast period. In U.K., online gambling is legalized owing to safe practices and stringent regulations laid down by the government… Asia Pacific is anticipated to register the highest growth rate owing to the increased adoption of smartphones, larger proportion of younger population, and legalization of online gambling in the region. The market size is largely influenced by the size of betting and pertinent outcome.  Electronic Gambling Devices (EGDs) are inexpensive to run and easily available. These devices have an in-built software that mimics the experience of a local casino. For instance, a Video Lottery Terminal (VLT) uses advancing technology and can also be customized to electronic slot machines, spinning reel slot machines, video slot machines, and electronic poker games."


Winners, Inc. (OTCPK: WNRS) BREAKING NEWS:  Winners, Inc. Subsidiary VegasWINNERS Launches State of Art Sports Gaming Advice and Information Website to Coincide with Football Season 2021 - Featuring Elite Lineup of Sports Betting Experts with more than 21 Professional Handicappers -  Winners, Inc. (OTCPK: WNRS) subsidiary VegasWINNERS Inc., which provides sports betting enthusiasts with high quality content, analysis, research, data, guidance and professional advice, unveiled today the company's new website, www.vegaswinners.com.


The website now features new functionality and expert advice from an unparalleled lineup of over 21 professional handicappers. The site was built to keep up with the explosive growth of the online sports betting industry and has been designed using feedback directly from both amateur and serious professional sports bettors.


Wayne Allyn Root, VegasWINNERS CEO stated, "Sports gambling revenues are exploding and setting records every month. Over half the states in America now have legalized sports gambling, with many more to come. But all these millions of new amateur sports bettors need quality research, analysis, information, stats and winning point spread advice. That's what we provide. We do the homework for sports bettors. 45 million Americans say they will bet on the NFL this season. That's our audience. This site was designed for them."


The new website features weekly Krush House video content co-hosted by Frank Nicotero, former NFL quarterback, ESPN NFL analyst Sean Salisbury and Wayne Allyn Root who is known as "The King of Vegas sports gambling" and "America's oddsmaker". It also includes daily sports handicapping selections from the expert handicappers and showcases categories such as: The Best Picks, Free Picks, Yesterday Results, The Leader Board and more.


"We are so excited to offer the revamped website to all our sports fans and there are both premium and free sections. We're partnered with bookmakers and registered in states that sports betting is legal. Now betting on your favorite game has never been made easier," said Root.


Some of the handicappers who will provide their expertise include TV and radio veterans Larry NessChip ChirimbesAl McMordie, and Ross Benjamin.


Chip Chirimbes, VegasWinners Handicapper stated "We've been picking games for over 20 years and have been right more time than we've been wrong when it comes to picking the winner. There has been such an explosion in online sports betting and sports fans now more than ever need our guidance and VegasWINNERS makes it's really simple to find all the best information all in one place."


VegasWINNERS is celebrating the launch of its new website by providing coupons to first-time registrants, and substantial discounts on long-term subscriptions. More information is available on www.vegaswinners.com. Recently, VegasWINNERS announced a new loyalty rewards and cryptocurrency launchthat includes a points system and cryptocurrency redemption marketplace. Points are earned based upon interaction on the VegasWINNERS and Krush House websites, or other websites based upon predefined actions and rewards. They can then be converted to Krush Coin, a tokenized currency using the blockchain network.



The online gambling sector is expanding at a rapid pace. According to a Research & Markets report, the industry should reach $92.9 billion by 2023, growing at an annual compound rate of 11.6%. Projections say that rising technologies such as IoT, Blockchain, and VR will drive the industry forward and that North America will keep pace with the rest of the world, as its market should grow at a rate of 14.78% until 2025.

Categoría:Gaming

Tags: Sin tags

País: United States

Event

SBC Summit Americas 2025

13 de May 2025

ProntoPaga Drives the Fintech Revolution with SmartPIX and SmartRouting in LATAM

(Fort Lauderdale, SoloAzar Exclusive).- Evans Concha, CTO and Founder of Pronto Paga, shared the main innovations launched this year and how they impact the regional fintech industry. With a firm commitment to new technologies and cybersecurity, the company is positioning itself as a leader in the sector. Discover how it is redefining the future of digital payments in this article.

Friday 13 Jun 2025 / 12:00

Pay4Fun consolidates its position as a 100% Pix Payment Gateway and expands its reach in LatAm

(Fort Lauderdale, SoloAzar Exclusive).- Pay4Fun strengthens its position as a 100% Pix payment gateway with direct integration with the Central Bank, guaranteeing maximum security and efficiency in transactions. At SBC Summit Americas, Leonardo Baptista highlights the role of networking and innovation in an environment where technology and regulation are key. Discover how Pay4Fun is shaping the future of digital payments.

Thursday 12 Jun 2025 / 12:00

Air Dice Revolutionizes iGaming with Nord Legends and Player Protection Technology

(Fort Lauderdale, SoloAzar Exclusive).- Air Dice presented its innovative Nord Legends line at SBC Summit Americas, combining Norse mythology with advanced game mechanics. The company is committed to AI and gamification to enhance the user experience. Read more about Air Dice's strategic focus and global growth in this interview with Rocio Moitino, Director for Latin America.

Wednesday 11 Jun 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST