Research and Markets - US Online Gambling Market CAGR Growth of 51.71% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Real Gaming, Pala Casino, Draft Kings

DUBLIN, September 22, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Online Gambling Market in the US 2016-2020" report to their offering.

The online gambling market in the US is forecast to grow at a CAGR of 51.71% during the period 2016-2020.

Commenting on the report, an analyst from the research team said: One of the major trends in the online gambling market in the US is the business tactics adopted by vendors to attract players. Rewards such as loyalty points, discounts, and gift vouchers are no more attractive to the existing players and do not motivate prospective players. It is important that the vendors provide rewards and offers that are more personal and customized, based on the demographic and psychographic profiles of the players.

According to the report, one of the key drivers for market growth will be popularity of online gambling. Online gambling extends the reach of the gambling games because it is web-based and does not require the physical presence of the players at the venue. The popularity of computing and mobile devices, especially among the younger generation, is the main reason for the extended reach of online gambling in the US.

Mobile ads are one of the strongest mediums of advertising, which reaches the untapped group of the population that refrain from going to a casino or a bar where betting is allowed, and influence them to try online gambling. In the US, the average age of an individual visiting a casino is 45 years, whereas an average age of an online gambler is 34 years. The increasing presence of younger populatuion on the online gambling platforms will be one of the significant factors driving the growth of the market during the forecast period.

Questions Answered:

• What will the market size be in 2020 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?

Companies Mentioned:

• 888 Holdings
• Betfair Casino
• Borgata Hotel Casino & Spa
• Dover Downs Gaming & Entertainment
• BetAmerica
• Betfair Online Casino
• Delaware Park
• Draft Kings
• Fan duel
• Golden Nugget Online Casino
• Harrington Gaming online
• Pala Casino
• Real Gaming
• Resorts

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by type

PART 07: Online gambling market in US by growth potential

PART 08: Market segmentation by device

PART 09: Buying criteria

PART 10: Market attractiveness

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape

PART 17: Appendix

PART 18: About the Author

For more information about this report visit http://www.researchandmarkets.com/research/d6hzmq/online_gambling

Related Topics: Online Gambling

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