DUBLIN, July 16, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/jjp4m2/casino_gaming) has announced the addition of the "Casino Gaming Market in the UK 2015-2019" report to their offering.
The analysts forecast the revenue of the casino gaming market in the UK to grow at a CAGR of 4.13% over the period 2014-2019.
This report covers the present scenario and the growth prospects of the casino gaming market in the UK for the period 2015-2019. To calculate the market size, the report takes into account the revenue generated by games played in casinos. The report only includes the revenue generated through traditional land-based casinos and not online casinos. 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 that are emerging in the market.
Casino gaming has traditionally been dominated by the male population but now participants include women, children, and the older population. This change in demographics is because of the change in perception about gambling. Gambling was considered as a malpractice by a majority of people, but the rise in government involvement and rapidly changing regulations of gambling have changed people's perception. Hence, gambling is now taken as a leisure or fun activity rather than an activity into which people get lured and ultimately end up losing their wealth. In the UK, women comprise more than 50% of the gambling population.
According to the report, currently, the casino gaming market in the UK enables the players to use virtual money, which has reduced the burden and risk of carrying cash. Payment options through virtual currency and online real cash transactions through payment portals are already implemented where the winning amount can be distributed as virtual money, which can then be used to play other games or redeemed for cash. This also helps vendors in tracking the spending history of customers. Another advantage that it offers is that of scalability as it can be implemented to handle a large gambling population. This would also give vendors the opportunity to create customized marketing plans.
Further, the report states that stringent tax regulations are expected to affect the market during the forecast period.
Key Vendors
- Betfred Group
- Gala Coral Group
- Ladbrokes
- William Hill
Other Prominent Vendors
- Camelot Group
- Genting UK
- Paddy Power
- Rank Group
- Sportech
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/jjp4m2/casino_gaming
Media Contact:
Laura Wood, +353-1-481-1716, press@researchandmarkets.net
