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Sports betting is expected to dominate the market during the forecast period. The growing demand for online gaming and betting practices are likely to drive the demand for sports betting. Further, growing sponsorships in online sports betting are also expected to fuel this segment.
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Mobile gambling is expected to grow rapidly owing to the increasing adoption of smartphones. The youngsters are the driving force behind the surging demand for mobile-based sports betting. As per the Deloitte report on Betting and Gambling, one-third of betting and gaming users adopt smartphones for online gambling. Further, the growing cost-effectiveness of mobile applications is likely to expand mobile consumers in the market.
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Europe is a different story. The Old Continent is home to multiple highly-regulated and developed markets, with The UK, Sweden, and Denmark serving as three examples. Recently, Germany and the Netherlands modified their laws to allow online gaming, introducing country-wide self-exclusion systems simultaneously. More are also looking to do this.
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The outbreak of the coronavirus has created a vast set of restrictions on land-based gambling arenas. The restrictions on public transportation, tourism, and public gatherings, among others, have largely impacted the offline gambling industry.
Did you know that we have our own dedicated section called „King Betting”? Here, our own odds experts will give daily odds tips from the biggest and most popular sports and leagues. Not to forget our own EC special, which only deals with odds tips on football EC 2024 . Odds and tipping can be found at many casinos, and it can be done easily and complicatedly. If you are new to odds, we recommend following our daily tips.
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