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US Online Gambling Market - Focused Insights 2023-2028

Publisher Arizton Advisory and Intelligence
Published Oct 11, 2023
Length 57 Pages
SKU # ARZ18249093

Description

US Online Gambling Market - Focused Insights 2023-2028


REPORT OVERVIEW

The US online gambling market will be valued at around $11.51 BN in 2022. This report provides complete information regarding the preferences of online gambling in the US. Increased per capita income, high adoption, growing interest, and growth of dual-income households constitute the basis for rising spending on online gambling worldwide. Furthermore, major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the US online gambling market to gain access to commercially launched products.

KEY HIGHLIGHTS:
  • Factors, such as the high spending power of the baby boomers and Gen X, increased adoption of smartphones, inclination toward new technology, and high urbanization drives the growth of the gambling market in the US.
  • The baby boomers and Gen X mainly drive the market. Conversely, millennials can be termed a digital generation. They are tech-savvy, and most of them are addicted to their smartphones. This segment will drive the demand for the online gambling market in the region.
  • In 2022, the US casino industry recorded growth, and consumer spending on gambling in the casinos saw an increase across the nation. The casinos in several states have felt the effect of rising competition among the casinos in different states to attract gamers and gamblers.
  • The region is expected to follow a thought leadership strategy. Players are expected to establish gambling facilities in this region and maintain offshore facilities for profit enhancement and customer base expansion.
  • The performance of the gambling industry reflects the macroeconomic factors, growth in jobs, and increased consumer confidence. The growth has not yet been evenly growing nationwide. Several states in the US with commercial casinos witnessed a growth in gross gaming revenues. Massachusetts led the way in percentage growth terms, with 2016 marking the state’s first full year as a commercial gaming jurisdiction.
LIST OF VENDORS

Key Vendors
  • Caesars Entertainment
  • Las Vegas Sands
  • MGM Resorts International
  • Wynn Resorts
  • PENN Entertainment
  • Entain
  • Flutter Entertainment
  • Kindred
  • 888 Holdings
  • BET365
Other Prominent Vendors
  • Betway
  • Genting Berhad
  • Betsson
  • Sportech
  • Tipico
  • Light & Wonder
  • IGT
  • DraftKings
  • Boyd Gaming
  • Evolution
REPORT HIGHLIGHTS

SEGMENTATION & FORECAST
  • Product (Revenue)
  • Casino
  • Lottery
  • Betting
  • Poker
  • Others
  • Platform (Revenue)
  • Desktop-Based
  • Mobile
  • Others
MARKET STRUCTURE
  • Market Dynamics
  • Competitive Landscape of US Online Gambling Market
  • Key Vendors
  • Other Prominent Vendors
APPENDIX
  • Research Methodology
  • Abbreviations
  • About Arizton

Table of Contents

57 Pages
CHAPTER – 1: US Online Gambling Market Overview
Executive Summary
Introduction
Key Findings
CHAPTER – 2: US Online Gambling Market Projected Revenue
US: Projected Revenue of US Online Gambling Market (2022-2028; $Billions)
CHAPTER – 3: US Online Gambling Market Segmentation Data
US: Projected Revenue by Product (2022-2028); (Revenue $BN)
Product Snapshot
Casino
Lottery
Betting
Poker
Others
US: Projected Revenue by Platform (2022-2028); (Revenue $BN)
Platform Snapshot
Desktop-Based
Mobile
Others
CHAPTER – 4: US Online Gambling Market Prospects & Opportunities
US Online Gambling Market Trends
US Online Gambling Market Drivers
US Online Gambling Market Constraints
CHAPTER – 5: US Online Gambling Market Industry Overview
US Online Gambling Market - Competitive Landscape
US Online Gambling Market - Key Players
US Online Gambling Market – Other Prominent Vendors
CHAPTER – 6: Appendix
Research Methodology
Abbreviations
About Arizton

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