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Online Gambling Market in the US 2016-2020

Online Gambling Market in the US 2016-2020

About Online Gambling

Online gambling refers to web-based gambling that includes casino, betting, and lottery games played on computing and mobile devices. Online gambling rules differ from country to country. In the US, the government has placed stringent regulations on online gambling, which varies from state to state. Vendors are also launching gambling apps for mobile devices to reach a larger audience.

Technavio’s analysts forecast the online gambling market in the US to grow at a CAGR of 51.71% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the online gambling market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the legal online casino, betting, and lottery segments in the country.

The market is divided into the following segments based on device:

  • Mobile devices
  • Computing devices
Technavio's report, Online Gambling Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • 888 Holdings
  • Betfair Casino
  • Borgata Hotel Casino & Spa
  • Dover Downs Gaming & Entertainment
Other prominent vendors
  • BetAmerica
  • Betfair Online Casino
  • Delaware Park
  • Draft Kings
  • Fan duel
  • Golden Nugget Online Casino
  • Harrington Gaming online
  • Pala Casino
  • Real Gaming
  • Resorts Online Casino
  • TVG
  • Twinspires
  • Watch and Wager
  • WorldWinner
  • WSOP
Market driver
  • Scope for increased contribution to national economy
  • For a full, detailed list, view our report
Market challenge
  • Addiction to gambling
  • For a full, detailed list, view our report
Market trend
  • Effective marketing strategies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Online Gambling Market in the US 2016-2020

Technavio recognizes the following companies as the key players in the online gambling market in the US: 888 Holdings, Betfair Casino, Borgata Hotel Casino & Spa, and Dover Downs Gaming & Entertainment.

Other Prominent Vendors in the market are: BetAmerica, Betfair Online Casino, Delaware Park, Draft Kings, Fan duel, Golden Nugget Online Casino, Harrington Gaming online, Pala Casino, Real Gaming, Resorts Online Casino, TVG, twinspires, Watch and Wager, WorldWinner, and WSOP.

Commenting on the report, an analyst from Technavio’s team said: “One of the major trends in the online gambling market in the US is the business tactics adopted by vendors to attract players. Rewards such as loyalty points, discounts, and gift vouchers are no more attractive to the existing players and do not motivate prospective players. It is important that the vendors provide rewards and offers that are more personal and customized, based on the demographic and psychographic profiles of the players.”

According to the report, one of the key drivers for market growth will be popularity of online gambling. Online gambling extends the reach of the gambling games because it is web-based and does not require the physical presence of the players at the venue. The popularity of computing and mobile devices, especially among the younger generation, is the main reason for the extended reach of online gambling in the US. Mobile ads are one of the strongest mediums of advertising, which reaches the untapped group of the population that refrain from going to a casino or a bar where betting is allowed, and influence them to try online gambling. In the US, the average age of an individual visiting a casino is 45 years, whereas an average age of an online gambler is 34 years. The increasing presence of younger populatuion on the online gambling platforms will be one of the significant factors driving the growth of the market during the forecast period.

Further, the report states that the processing of customer payments through financial institutions remains a big challenge for the vendors. Until 2011, the federal government was liberal in targeting online gaming operators approaching patrons in the US. However, the implementation of the Unlawful Internet Gaming Enforcement Act of 2006, prohibits financial institutions and credit card processors from knowingly accepting payments related to a bet or a wager in an online gambling. Moreover, online gaming transactions have become the target of a federal investigation, which the financial institutions want to avoid. Thus, the restrictions on processing credit card transactions have made customer payments difficult from the online gaming accounts of the patrons. The issue can be resolved if the financial institutions and credit card processors reconsider their policies.

Companies Mentioned

888 Holdings, Betfair Casino, Borgata Hotel Casino & Spa, Dover Downs Gaming & Entertainment, BetAmerica, Betfair Online Casino, Delaware Park, Draft Kings, Fan duel, Golden Nugget Online Casino, Harrington Gaming online, Pala Casino, Real Gaming, Resorts Online Casino, TVG, twinspires, Watch and Wager, WorldWinner, WSOP.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Legalization of online gambling in US 2015-2020
    • Customer segments
    • Base year
    • Vendor segmentation
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • US online gambling: Synopsis
    • Market overview
      • Table Overview of online gaming market in US
    • Product life cycle
      • Table Product life cycle of online gambling in US
    • Global online gambling market
      • Table Global online gambling market 2015-2020 ($ billions)
      • Table Online gambling sites in leading countries (rank-wise)
    • Online gambling market in US
      • Table Online gambling market in US 2015-2020 ($ billions)
      • Table Number of online gambling websites in US 2015
    • Share of US in global online gambling market
      • Table Share of US in global online gambling market 2015-2020
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Online gambling market in US by type
      • Table Online gambling market in US by type 2015
      • Table Online gambling market in US by type 2015-2020
      • Table Revenue comparison of online gambling market in US by type 2015-2020 ($ billions)
      • Table CAGR comparison of online gambling market in US by type 2015-2020 (revenue)
    • Online casino market in US
      • Table Online casino market in US 2015-2020 ($ billions)
    • Online betting market in US
      • Table Online betting market in US 2015-2020 ($ millions)
  • Online gambling market in US by growth potential
    • Online gambling market in US by growth potential
      • Table Online gambling market in US by growth potential 2015-2020 ($ billions)
    • Potential online gambling market in US by type
      • Table Potential online gambling market in US by type 2015-2020
    • Potential online casino market in US
      • Table Potential online casino market in US 2015-2020 ($ billions)
    • Potential online betting market in US
      • Table Potential online betting market in US 2015-2020 ($ billions)
    • Potential online lottery market in US
      • Table Potential online lottery market in US 2017-2020 ($ billions)
      • Table Revenue comparison of potential online gambling market in US by type 2015-2020 ($ billions)
      • Table CAGR comparison of potential online gambling market in US by type (revenue)
  • Market segmentation by device
    • Online gambling market in US by device
      • Table Online gambling market in US by device 2015
      • Table Online gambling market in US by device 2015-2020
      • Table Revenue comparison of online gambling market in US by platform 2015-2020 ($ billions)
      • Table CAGR comparison of global m-commerce market by platform 2015-2020 (revenue)
    • Online gambling market in US by computing devices
      • Table Online gambling market in US by computing devices 2015-2020 ($ billions)
    • Online gambling market in US by mobile devices
      • Table Online gambling market in US by mobile devices 2015-2020 ($ billions)
  • Buying criteria
    • Table Buying criteria
  • Market attractiveness
    • Market attractiveness by type
      • Table Market attractiveness by type
    • Market attractiveness by devices
      • Table Market attractiveness by device
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Other prominent vendors
      • Table Other prominent legal vendors operating in US 2015
    • Online gambling providers to foreign countries
      • Table Online gambling providers to foreign countries 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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