Speak directly to the analyst to clarify any post sales queries you may have.
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
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
Table of Contents
Companies Mentioned
- Caesars Entertainment
- Las Vegas Sands
- MGM Resorts International
- Wynn Resorts
- PENN Entertainment
- Entain
- Flutter Entertainment
- Kindred
- 888 Holdings
- BET365
- Betway
- Genting Berhad
- Betsson
- Sportech
- Tipico
- Light & Wonder
- IGT
- DraftKings
- Boyd Gaming
- Evolution
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 57 |
| Published | October 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 11.51 Billion |
| Forecasted Market Value ( USD | $ 22.31 Billion |
| Compound Annual Growth Rate | 11.6% |
| Regions Covered | United States |
| No. of Companies Mentioned | 20 |
