United Kingdom Online Gambling Market Growth, Size, Trends, Share, Revenue and Future Outlook
United Kingdom Online Gambling Market Size- By Game Type, By Device- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2024 | Report ID: IACT2455 | Pages: 1 - 103 | Formats*: |
| Category : Information & Communications Technology | |||
United kingdom Online Gambling Market Introduction and Overview
According to SPER Market Research, the United kingdom Online Gambling Market is estimated to reach USD 13.32 billion by 2033 with a CAGR of 4.89%.
The report includes an in-depth analysis of the United kingdom Online Gambling Market, including market size and trends, product mix, distribution channels, and supplier analysis. Online gambling refers to the practice of placing bets on online casinos. The players do not need to engage physically because computer programs can regulate the session. There are many different games available for play when gambling online, including slot machines, blackjack, poker, roulette, and sports betting. Online gambling has become more and more popular in the UK because it provides a number of advantages, such as cashless transactions, accessibility via electronic devices, budgets that can be customized, and real-time gambling experiences.
Market Opportunities and Challenges
Opportunities: The high rate of smartphone and internet service usage in the UK is the main factor driving the online gambling business. Players can have an immersive gaming experience when they play online, which is typically accessed through desktop and mobile applications. The industry is expanding as a result of private companies working with outside software vendors to create user-friendly gambling interfaces. Furthermore, consumers may now effortlessly access casino gaming platforms thanks to the availability of affordable mobile applications. Additionally, a considerable section of the population in the United Kingdom has been confined to their homes as a result of the coronavirus disease (COVID-19), which has caused a shift toward a number of free and paid leisure activities, including online gambling.
Challenges: The regulatory environment and dynamics of the online gambling market in the United Kingdom are affected by a number of issues. In order to safeguard consumers and stop problem gambling, one major obstacle is the requirement for strict regulatory oversight. For regulators, maintaining equilibrium between protecting vulnerable people from excessive gambling and promoting a competitive market environment is a never-ending task. Furthermore, because technology is always changing, it becomes more difficult to effectively regulate online platforms. For example, concerns about age verification, responsible advertising, and fair play need to be addressed.
Market Competitive Landscape
The Online Gambling market is highly consolidated. Some of the market key players are 888 Holdings Plc, Allwyn UK Holding Ltd., Ballys Corp., Bet365 Group Ltd., Betfred Group, Betsson AB, Buzz Group Ltd., Caesars Entertainment Inc., Casino Del Sol, Delta Corp. Ltd., Entain Plc, Evolution AB, Fantasy Springs Resort Casino, NetBet Enterprises Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Game Type, By Device |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | 888 Holdings Plc, Allwyn UK Holding Ltd, Ballys Corp, Bet365 Group Ltd, Betfred Group, Betsson AB, Buzz Group Ltd, Caesars Entertainment Inc, Casino Del Sol, Delta Corp. Ltd, Entain Plc, Evolution AB, Fantasy Springs Resort Casino, NetBet Enterprises Ltd. |
COVID-19 Impact on United Kingdom Online Gambling Market
The COVID-19 pandemic has significantly altered consumer behaviour, regulatory priorities, and industry dynamics in the UK's online gaming market. Traditional brick-and-mortar gambling businesses faced major closures and restrictions due to lockdown measures and social distancing methods, which led to an increase in internet gaming activity. Online platforms' accessibility and ease grew in popularity among consumers looking for safe, home-based entertainment options. Due to this change in customer behaviour, online gambling businesses saw a significant surge in revenue during the epidemic, with many of them posting all-time highs.
Key Target Audience:
- Adult Gamblers
- Casino Enthusiasts
- Sports Fans
- Tech-Savvy Individuals
- Entertainment Seekers
- Social Gamblers
- Mobile Users
Our in-depth analysis of the United kingdom Online Gambling Market includes the following segments:
| By Game Type: |
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| By Device: |
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| By Region: |
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Key Topics Covered in the Report:
- United kingdom Online Gambling Market Size (FY’2024-FY’2033)
- Overview of United kingdom Online Gambling Market
- Segmentation of United kingdom Online Gambling Market By Game Type (Sports Betting, Casino)
- Segmentation of United kingdom Online Gambling Market By Device (Desktop, Mobile, Others)
- Expansion Analysis of United kingdom Online Gambling Market
- Problems and Obstacles in United kingdom Online Gambling Market
- Competitive Landscape in the United kingdom Online Gambling Market
- Impact of COVID-19 and Demonetization on United kingdom Online Gambling Market
- Details on Current Investment in United kingdom Online Gambling Market
- Competitive Analysis of United kingdom Online Gambling Market
- Prominent Players in the United kingdom Online Gambling Market
- SWOT Analysis of United kingdom Online Gambling Market
- United kingdom Online Gambling Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the United kingdom Online Gambling Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United kingdom Online Gambling Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United kingdom Online Gambling Market
7. United kingdom Online Gambling Market, By Game Type (USD Million)
7.1. United kingdom Online Gambling Market Value Share and Forecast, By Game Type, 2024-20337.2. Sports Betting7.2.1. Football7.2.2. Horse Racing7.2.3. E-Sports7.2.4. Others7.3. Casino7.3.1. Live Casino7.3.2. Baccarat7.3.3. Blackjack7.3.4. Poker7.3.5. Slots7.3.6. Others7.4. Others
8. United kingdom Online Gambling Market, By Device (USD Million)
8.1. United kingdom Online Gambling Market Value Share and Forecast, By Device, 2024-20338.2. Desktop8.3. Mobile8.4. Others
9. United kingdom Online Gambling Market Forecast, 2020-2033 (USD Million)
9.1. United kingdom Online Gambling Market Size and Market Share
10. United kingdom Online Gambling Market, By Game Type, 2020-2033 (USD Million)
10.1. United kingdom Online Gambling Market Size and Market Share By Game Type (2020-2026)10.2. United kingdom Online Gambling Market Size and Market Share By Game Type (2027-2033)
11. United kingdom Online Gambling Market, By Device, 2020-2033 (USD Million)
11.1. United kingdom Online Gambling Market Size and Market Share By Device (2020-2026)11.2. United kingdom Online Gambling Market Size and Market Share By Device (2027-2033)
12. United kingdom Online Gambling Market, By Region, 2020-2033 (USD Million)
12.1. United kingdom Online Gambling Market Size and Market Share By Region (2020-2026)12.2. United kingdom Online Gambling Market Size and Market Share By Region (2027-2033)12.3. Eastern Region12.4. Western Region12.5. Southern Region12.6. Northern Region
13. Company Profile
13.1. 888 Holdings Plc13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments13.2. Allwyn UK Holding Ltd.13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments13.3. Ballys Corp.13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments13.4. Bet365 Group Ltd.13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments13.5. Betfred Group13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments13.6. Betsson AB13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments13.7. Buzz Group Ltd.13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments13.8. Caesars Entertainment Inc.13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments13.9. Casino Del Sol13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments13.10. Delta Corp. Ltd.13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments13.11. Entain Plc13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments13.12. Evolution AB13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments13.13. Fantasy Springs Resort Casino13.13.1. Company details13.13.2. Financial outlook13.13.3. Product summary13.13.4. Recent developments13.14. NetBet Enterprises Ltd.13.14.1. Company details13.14.2. Financial outlook13.14.3. Product summary13.14.4. Recent developments13.15. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United Kingdom Online Gambling Market is projected to reach USD 13.32 billion by 2033, growing at a CAGR of 4.89% during the forecast period.
United Kingdom Online Gambling Market size from 2022. The Market is expected to reach USD 13.32 billion by 2033, at a CAGR of 4.89% during the forecast period.
United Kingdom Online Gambling Market CAGR of 4.89% during the forecast period.
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United Kingdom Online Gambling Market size is 13.32 billion from 2024 to 2033.
United Kingdom Online Gambling Market Segment is covered By Game Type, By Device.
The Europe is anticipated to have the highest market share in the United Kingdom Online Gambling Market.
The key players in the market include Companies Covered Altria Group Inc, Aquios Labs, BecoVape, Blu Cigs, British American Tobacco PLC, Gamucci, Imperial Brands PLC, Japan Tobacco Inc, J Well France SARL, Nicocig, Njoy, Philip Morris International Inc, Others
Furthermore, the United States of America has a thriving creative and entrepreneurial culture that fosters the growth of up-and-coming designers and companies.
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