China Online Gambling Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

China Online Gambling Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The China online gambling market is currently witnessing strong growth. Online gambling refers to the activity of placing bets on casinos and other sports-based activities via the internet. The process of online gambling does not involve any physical interaction among the players as computer programs moderate the session. Online gambling includes games like sports betting, blackjack, poker, roulette, and slot machines, which can be accessed through a website or downloaded with the help of gambling software on one’s computer. Online gambling has gained immense traction in China as it is easily accessible through any smart device, involves cashless transactions, provides a real-time gambling experience, and offers a customizable budget to players.

The China online gambling market is primarily driven by the legalization of online betting in the country. The Government has implemented new laws and regulations for monitoring online poker, casinos and sports betting enterprises. The increasing access to the internet and rapid urbanization have also resulted in the growing interactions of consumers with domestic and international gambling websites and mobile applications. Moreover, the coronavirus disease (COVID-19) outbreak across the country has increased the demand for online gambling as a medium of entertainment while maintaining COVID-19 protocols like social distancing. This has also resulted in a significant shift from traditional land-based betting toward the digital world of gambling. On account of these factors, the market is expected to continue its strong growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the China online gambling market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, game type and device.

Breakup by Game Type:

Sports Betting
- Football
- Horse Racing
- E-Sports
- Others
Casino
- Live Casino
- Baccarat
- Blackjack
- Poker
- Slots
- Others
Others

Breakup by Device:

Desktop
Mobile
Others

Breakup by Region:

North and Northeast
Northwest
East
South Central
Southwest

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the China online gambling market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the China online gambling market?
What are the key regional markets?
What is the breakup of the market based on the game type?
What is the breakup of the market based on the device?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the China online gambling market and who are the key players?
What is the degree of competition in the industry?