Technavio Says Change in Demographics Will Expand the Gambling Market in the UK Through 2019
July 06 2015 - 11:35AM
Business Wire
Technavio has published a new report on the gambling market
in the UK, which is expected to grow at a CAGR of more than 5%
from 2015-2019.
About the Report
The new Technavio report draws attention towards remote
gambling, which is growing at the highest rate of all the segments
in the gambling market in the UK, and is estimated to grow at a
CAGR of over 13% during the forecast period.
“The main factors driving the remote gambling market are the
increasing use of the Internet and the increasing number of women
gamblers, which is considered a major revenue contributor to the
gambling market in the UK,” says Faisal Ghaus, Vice President of
Technavio.
Keeping with this theme, the report also highlights the fact
that gambling has traditionally been dominated by men. However, the
market has expanded to include participation from more women, young
people, and the older population.
“A rise in government involvement and rapidly changing
regulations have changed people's perception of gambling, and made
it accessible as a social activity for a much broader group of
people,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth
prospects of the gambling market in the UK from 2015-2019. To
calculate the market size, the report takes into account GGY
generated from betting, remote, lottery, and gaming.
Key Information Covered in the Report:
- Key Vendors:
- Petfre (Gibraltar) Ltd.
- Gala Coral Group Ltd.
- Ladbrokes plc
- William Hill plc
- Market Growth Drivers:
- Rise in Number of Gambling
Premises
- For a full detailed list, view our
report.
- Market Challenges:
- Government Taxes and Duties
- For a full detailed list, view our
report.
- Market Trends:
- Change in Demographics
- For a full detailed list, view our
report.
Technavio currently has more than 3000 market research
reports on a huge range of topics, including 50+ reports on the
gambling market:
- Global Mobile Gambling Market
2015-2019
- Casino Gaming Market in the UK
2015-2019
If you are interested in more information, please contact our
media team at media@technavio.com.
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Technavio ResearchJes EllacottUS: +1-630-333-9501UK: +44 208 123
1770Media & Marketing
Executivewww.technavio.commedia@technavio.com