The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
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).
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:
Breakup by Device:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at