Industry Analysis & Industry Trends
The Global Sports Betting and Lotteries industry has strongly recovered from the recession, as consumers have picked up their discretionary spending. Over the five years to 2019, growth will be driven by emerging economies, as regulatory barriers are reduced and rising per capita income spurs voracious consumer demand. Efforts to stamp out illegal gambling activities will intensify as governments and gambling agencies seek to capture revenue via legal avenues. Online gambling will become a far more prominent aspect of the industry as technology improves and internet penetration and smartphone ownership rates increase... read more
The geographic distribution of industry revenue is largely based on the regulatory framework within each region. For example, sports betting is banned throughout much of the United States, which restricts the ability of operators to earn revenue.
The distribution of revenue is also influenced by per capita disposable income in each region. For this reason, Europe and North American have traditionally been the biggest source of industry revenue.
Asia, Europe and North American now each account for a similar share of industry revenue, which is drastically different from just five years ago. Asia has overtaken Europe during the past five years as the industry's biggest source of revenue and this trend is set to intensify over the next five years... read more