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According to the research report, “Middle East and Africa Online Gambling Market Outlook, 2028” the market is expected to add more than USD 3.71 billion 2028. The African sports betting market's steady growth can be attributed to the continent's enormous passion for sport, with football being the most popular sport on the continent. Other sports that Africans are enthusiastic about include cricket, rugby, and marathon running. African children are also big fans of European football leagues and other FIFA events. Most players place their bets on the major European leagues, such as the EPL, La Liga, Serie A, and Bundesliga, with the EPL being the most popular on the continent. Other popular European competitions include the UEFA Champions League and the UEFA Europa League. The potential of the African sports betting industry is based on the continent's young population. This generation has no qualms about placing sports bets on their smartphones. Furthermore, the high unemployment rate motivates people to gamble online for a living. Betting companies in Africa must therefore have an online or mobile-first strategy with an offer tailored to the preferences of the local population.
With the rapid increase in internet and smartphone penetration in the region, an increasing number of people have access to online gambling platforms. This has resulted in a growing customer base for online gambling companies. Some countries in the Middle East and Africa have adopted a more liberal and open-minded approach to gambling. This has resulted in a greater acceptance of online gambling among younger generations. Land-based gambling is either illegal or heavily restricted in some countries. This has created a demand for online gambling options as a viable alternative. Economic growth in the region has resulted in an increase in disposable income. As a result, more people are willing to spend money on hobbies like online gambling. Sports betting is extremely popular in the Middle East and Africa, and many online gambling companies have taken advantage of this by providing a diverse range of sports betting options.
South Africa is the biggest market of online gambling in MEA, online gambling is legal, but it is strictly regulated by the National Gambling Board (NGB) and provincial regulatory authorities. South Africa's legal online gambling market Sports betting, horse racing betting, and lotteries are the most popular forms of online gambling in South Africa. A variety of licenced operators, including both local and international brands, offer this type of online gambling. Online poker and casino games are also legal. The country's high internet penetration rate, which has increased significantly in recent years, is one of the key drivers of the South African online gambling market. Furthermore, the increasing popularity of mobile devices has made it easier for people to access online gambling services while they are on the go. As the South African economy expands, more people will have disposable income to engage in leisure activities such as online gambling. This has aided in the expansion of the country's online gambling market. South African online gambling operators are increasingly advertising their services and attracting new customers through social media platforms such as Facebook, Twitter, and Instagram. This has aided in raising consumer awareness and interest in online gambling in South Africa.
According to the report, the market is segmented into gaming type, sports betting, casinos, poker, bingo, and lottery. Among them the sports betting segment holds the maximum market in 2022 and expected to dominate the market of online gambling in Middle East and Africa. Sports betting is especially popular in the Middle East and Africa (MEA) region for a variety of reasons. Football (soccer) is a popular sport in many of the region's countries, and many people enjoy betting on their favourite teams and players. Football is, in fact, the most popular sport in the MEA region, and the excitement of the game is frequently heightened by placing bets on the outcome. Online sports betting allows people to place bets from the comfort of their own homes, eliminating the need to physically visit a betting shop or casino. This is especially appealing in countries where physical betting shops or casinos are scarce or non-existent. Many online sports betting sites provide a diverse range of markets and betting options, which can be very appealing to sports fans who enjoy analysing statistics and placing informed wagers. Some online sports betting sites, for example, allow users to wager on things like the number of yellow cards issued in a game, the number of corners taken, or the total number of goals scored. Based on device type, the market is divided into mobile devices (phones and tablets) and desktop. Among them the mobile devices segment holds the highest market share in 2022 and it is expected to dominate in the upcoming period.
Considered in this report
- Geography: Middle East and Africa
- Historic year: 2017
- Base year: 2022
- Estimated year: 2023
- Forecast year: 2028
Aspects covered in this report
- Middle East and Africa Online Gambling market with its value and forecast along with its segments
- Various drivers and challenges
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
Countries covered in the report:
- South Africa
- Turkey
By Gaming Type:
- Sports Betting
- Casinos
- Poker
- Bingo
- Lottery
- Others
By Device Type:
- Mobile Devices (phones and tablets)
- Desktop
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Online Gambling industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.Table of Contents
1. Executive Summary2. Research Methodology
2.1. Secondary Research
2.2. Primary Data Collection
2.3. Market Formation & Validation
2.4. Report Writing, Quality Check & Delivery
3. Market Structure
3.1. Market Considerate
3.2. Assumptions
3.3. Limitations
3.4. Abbreviations
3.5. Sources
3.6. Definitions
4. Economic /Demographic Snapshot
5. Competitive Landscape
5.1. Competitive Dashboard
5.2. Business Strategies Adopted by Key Players
5.3. Key Players Market Share Insights and Analysis, 2022
5.4. Key Players Market Positioning Matrix
5.5. Consolidated SWOT Analysis of Key Players
5.6. Porter's Five Forces
6. Global Online Gambling Market Outlook
6.1. Market Size By Value
6.2. Market Size and Forecast, By Geography
6.3. Market Size and Forecast, By Game Type
6.4. Market Size and Forecast, By Device Type
7. Middle East & Africa Online Gambling Market Outlook
7.1. Market Size By Value
7.2. Market Share By Country
7.3. Market Size and Forecast By Game Type
7.4. Market Size and Forecast By Device Type
7.5. Turkey Online Gambling Market Outlook
7.5.1. Market Size By Value
7.5.2. Market Size and Forecast By Game Type
7.5.3. Market Size and Forecast By Device Type
7.6. South Africa Online Gambling Market Outlook
7.6.1. Market Size By Value
7.6.2. Market Size and Forecast By Game Type
7.6.3. Market Size and Forecast By Device Type
8. Market Dynamics
8.1. Market Drivers
8.2. Challenges
8.3. Opportunity
8.4. Restraints
8.5. Market Trends
8.6. Covid-19 Effect
8.7. Supply chain Analysis
8.8. Policy & Regulatory Framework
8.9. Industry Experts Views
9. Company Profile
9.1. Bally's Corporation
9.1.1. Company Snapshot
9.1.2. Company Overview
9.1.3. Financial Highlights
9.1.4. Geographic Insights
9.1.5. Business Segment & Performance
9.1.6. Product Portfolio
9.1.7. Key Executives
9.1.8. Strategic Moves & Developments
9.2. Entain Plc
9.3. The Stars Group
9.4. Sportech PLC
9.5. 888 Holdings Plc
9.6. Sportpesa
9.7. MGM Resorts International
9.8. Intralot S.A.
9.9. Bet365 Group Ltd
10. Annexure
10.1. FAQ`s
10.2. Notes
10.3. Related Reports
11. Disclaimer
List of Figures
Figure 1: Global Online Gambling Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Competitive Dashboard of top 5 players, 2022
Figure 5: Porter's Five Forces of Global Online Gambling Market
Figure 6: Global Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: Global Online Gambling Market Share By Region (2022)
Figure 8: Middle East & Africa Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 9: Middle East & Africa Online Gambling Market Share By Country (2022)
Figure 10: Turkey Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: South Africa Online Gambling Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
List of Tables
Table 1: Global Online Gambling Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Influencing Factors for Global Online Gambling Market, 2022
Table 3: Top 10 Counties Economic Snapshot 2020
Table 4: Economic Snapshot of Other Prominent Countries 2020
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Online Gambling Market Size and Forecast, By Geography (2017 to 2028F) (In USD Billion)
Table 7: Global Online Gambling Market Size and Forecast, By Game Type (2017 to 2028F) (In USD Billion)
Table 8: Global Online Gambling Market Size and Forecast, By Device Type (2017 to 2028F) (In USD Billion)
Table 9: Middle East & Africa Online Gambling Market Size and Forecast By Game Type (2017 to 2028F) (In USD Billion)
Table 10: Middle East & Africa Online Gambling Market Size and Forecast By Device Type (2017 to 2028F) (In USD Billion)
Table 11: Turkey Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 12: Turkey Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)
Table 13: South Africa Online Gambling Market Size and Forecast By Game Type (2017, 2022 & 2028F)
Table 14: South Africa Online Gambling Market Size and Forecast By Device Type (2017, 2022 & 2028F)