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Dublin, Nov. 25, 2020 (GLOBE NEWSWIRE) -- The 'Analyzing the Global Casinos & Gambling Industry 2020' report has been added to ResearchAndMarkets.com's offering.
The global gambling industry has been severely affected by the COVID-19 pandemic. In the United States, the biggest gambling market globally, many states had to order temporary closure of the land casinos. Other countries also ordered the closure of the casinos to avoid the spread of the virus. The closure of the casinos and sportsbooks is going to have a massive impact on the industry. However, online gambling players like BetWinner have been offering their services and enjoying good fortunes even during this global health crisis. In fact, many online gambling sites have reported enjoying greater rates of engagement than ever before.
While online gambling always played an essential role in the global gambling industry, it is now expected that online gambling growth will be significantly greater than the land casino sector.
Gambling shares on the global stock markets have also witnessed a sharp decline. Due to this, several gambling companies like William Hill, VGC Holding, and The Stars Group have issued statements regarding the potential effect of the pandemic on their gambling/casino operations.
While the last decade has witnessed the shifting of the casinos and gaming center from Las Vegas and Atlantic City to Macau in China, there is no doubt that the gambling industry has taken a significant hit during the pandemic and it is likely to impact the performance of this industry in the coming decade.
Starting with an industry overview, the report analyzes the growth of the global casinos and gambling industry through an industry value analysis, a look at industry segmentation follows through categories and regions and a regulatory framework analysis. The impact of the COVID-19 pandemic on the global casinos and gambling industry is also looked at.
A Porter's Five Forces Strategy Analysis of the global casinos and gambling industry is included in the report. The Porter's analysis of the industry analyzes the industry through the bargaining power of buyers and suppliers, the competitive rivalry in the industry, threat of new entrants to the industry and the threat of substitutes to the industry.
An analysis of the major regions of the global casinos and gambling industry is carried out on the casinos and gambling industries in Asia Pacific, Europe, North America and South America. The markets in these regions are analyzed through industry statistics, industry growth analysis by value, industry segmentation and an industry forecast. Industry data is analyzed for the years 2014 to 2023.
Moving on to the analysis of the global online gambling industry, the industry is analyzed through an industry overview, industry growth analysis through value, industry revenue growth, industry segmentation, an analysis of the major products and services of the industry and an analysis of the major online gambling markets.
The major markets analyzed include Europe, France, United Kingdom and North America. The publisher also analyzes trends in the global online gambling industry, market share analysis, industry competition and a forecast for the industry till 2023.
A Porter's Five Forces Strategy Analysis of the Global Online Gambling Industry follows next. The analysis looks at the bargaining power of buyers and suppliers in the global online gambling industry, competitive rivalry in the industry and the threat of new entrants and substitutes to the industry.
An analysis of the factors impacting the global casinos and gambling industry looks at the impact of mergers and acquisitions on the industry, the impact of regulations, factors driving market demand, international trade and impact, industry costs, increasing globalization in the industry and the high barriers to industry entry.
A section is also dedicated to the growing market of online/mobile gambling versus traditional forms of gambling. A forecast of the global casinos and gambling industry till 2023 is included. The report also includes a coverage of the 10 biggest casinos in the world such as The Venetian Macao, the City of Dreams Casino, Casino Lisboa, and others.
Key Topics Covered:
A. Executive Summary
B. Industry Definition
C. Global Casinos & Gambling Industry
D. Global Casinos & Gambling Industry: Porter's Five Forces Strategy Analysis
E. Global Casinos & Gambling Industry: Analysis of Major Regions
F. Global Online Gambling Industry
G. Global Online Gambling Industry: Porter's Five Forces Strategy Analysis
H. Factors Impacting the Industry
I. Online/Mobile Gambling versus Traditional Gambling
J. Global Casinos & Gambling Industry: Analysis of Major Markets
K. Global Casinos & Gambling Industry: Future Perspective
L. Major Industry Players
M. Analysis of the 10 Biggest Casinos in the World
N. Glossary of Terms
Companies Mentioned
- ALH Group Pty Ltd
- Aristocrat Leisure Limited
- Caesars Entertainment Corporation
- Caixa Economica Federal
- Camelot Group
- China LotSynergy Holdings Limited
- CIRSA Gaming Corporation SA
- Codere S.A.
- Crown Resorts Limited
- Florida State Lottery
- Flutter Entertainment Plc
- Gala Coral Group Limited
- Galaxy Entertainment Group Limited
- Gamehost Inc.
- Great Canadian Gaming Corporation
- Groupe FDJ
- Groupe Lucien Barriere SAS
- Groupe Partouche SA
- GVC Holdings Plc
- Kindred Group
- Ladbrokes Coral Group Plc
- Las Vegas Sands Corporation
- Loteria Nacional Sociedad del Estado
- Maruhan Corporation
- MGM Resorts International
- mybet Holding SE
- New York State Lottery
- Novamedia Holding B.V.
- ODS Oddset Deutschland Sportwetten GmbH
- Olympic Entertainment Group AS
- Ontario Lottery and Gaming Corporation
- Pari Mutuel Urbain (PMU)
- Rank Group Plc
- Ritzio International
- Saarland-Spielbank Gmbh
- SJM Holdings Limited
- Tatts Group Limited/ Tabcorp Holdings Limited
- Totalizator Sportowy Sp. z o.o.
- William Hill Plc
For more information about this report visit https://www.researchandmarkets.com/r/lbmcic
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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It’s not uncommon for casinos to offer bonuses other than the welcome bonus. Many times, casinos will provide some deposit bonus or free spins throughout the week, and seasonal or holiday-themed bonuses. Bonuses change regularly and frequently. We do our best to ensure that our reviews are current, but it never hurts to click on the casino link on our page to get more details. Always check rules or restrictions placed on the promotions. Be sure to check how many deposits or amounts that must be made for bonus eligibility. For full details, check the fine print on the casino’s promotions page.
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There are about a dozen different casino software developers with respectful reputations and products, and the majority of the time casinos will have games by several different developers. This section gives players examples of what kinds of graphics to expect in the casino. Microgaming, Net Ent, BetSoft, Playtech and Realtime Gaming are some of the most well-known in online casinos. More specifically, the casinos that have made our top ten list feature games from at least one of these developers. Just like some players tend to play the same games over and over, some others stick to playing games by a particular software developer.
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Nothing is more frustrating than having a problem with something and not being able to get any help to resolve the issue. The Customer Service and Support section of the reviews rate how easy it is to get a hold of a representative, the representative’s experience, knowledge, and ability to resolve the problem, as well as the different ways in which gamers can reach the customer service and support department. Some of these casinos may also have other ways to provide support through an FAQ section. More and more casinos that have mobile versions of their app are now offering a more mobile-friendly way to get in touch with customer service such as through an app like Skype or WhatsApp, or through iMessage when using Apple devices.
Deposit Options
It is important to review what kinds of payment methods the casino accepts when making deposits. We will list all major credit cards that are accepted at the online casinos in our reviews. As well as any other forms of payments, like bank and wire transfers, various e-wallets, and Bitcoins, to name a few. In most cases, deposits will be immediately available in a player’s account. Additionally, look out for any additional fees that may be charged for making a withdraw. Most casinos have a minimum and maximum depositing amount per payment type.
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The information for withdrawals from an account will be similar to the deposit section. Bank and wire transfers tend to take the longest period, as well as a physical check if that is an option from that casino. Again, know the minimum and maximum withdrawal amounts allowed per casino before depositing into an account. One thing players should pay attention to is which methods accept both deposits and withdrawals; specifically, the way players are considering to use the deposit. Sometimes, players may have to use separate methods, which could extend how long it takes to have access to funds or include additional fees.
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Trust
Casinos are frequently evaluated for fairness and trust to ensure fair play for all gamers. Methods such as auditing and Random Number Generators, are used on a periodic basis at all online casinos. Players can also get a little bit of insight as to how players feel regarding the trustworthiness of that casino, regarding how it pays out and about how regularly various games payout.
Company License
All casinos should have a gambling license on file with the country where established. This information should be accessible to all visitors, along with any other required permits or licenses. A casino’s name, location and brand’s parent company, should always be listed clearly on the casino website.
Casino reviews are an integral part of the decision-making process when choosing a new online casino. While players can always go to the casino itself and look at all the different things it provides for its players, we feel it is more beneficial to give players an insider’s view rather than taking the word of the casino itself.
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