Gambling market in the UK to grow at a CAGR of 5.28% over the period 2014-2019

(IT-NEWSWIRE.COM, July 16, 2015 )
About Gambling
Gambling premises include betting shops for betting on activities such as horse racing, football, and others; casinos; bingo clubs; and arcades. Betting is also done on machines, which are classified as category B1, B2, B3, B4, C, and D gaming machines. Gambling has become a major commercial gaming activity with many countries legalizing it and granting permission to set up casinos and other gambling joints. In addition, gambling contributes to the GDP of a country and helps the economy.

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Technavio's analysts forecast the revenue of the gambling market in the uk to grow at a CAGR of 5.28% over the period 2014-2019.

Covered in this Report
The report covers the present scenario and the growth prospects of the gambling market in the UK for the period 2015-2019. To calculate the market size, the report takes into account the GGY generated from four market segments: betting, remote gambling, lottery, and gaming. The report considers the revenue generated by land-based gambling premises as well as from remote gambling in all the segments. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market.

Technavio's report, Gambling Market in UK 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the gambling market in the UK and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
Betfred Group
Gala Coral Group
Ladbrokes
William Hill

Other Prominent Vendors
Camelot Group
Genting UK
Paddy Power
Rank Group
Sportech

Key Market Driver
Rise in Number of Gambling Premises
For a full, detailed list, view our report

Key Market Challenge
Taxes and Duties
For a full, detailed list, view our report

Key Market Trend
Change in Demographics
For a full, detailed list, view our report

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Key Questions Answered in this Report
What will the market size be in 2019 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?

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Gambling market in the UK to grow at a CAGR of 5.28% over the period 2014-2019