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The Europe online gambling market is currently witnessing strong growth. Online gambling, also known as virtual gambling, refers to betting on casinos or sports-based activities over the internet. It does not involve physical interaction of players as all sessions are moderated by computer programs. As it offers multiple benefits, including a customizable budget, cashless transactions, accessibility through electronic devices, and real-time gambling experience, online gambling is gaining immense popularity across Europe.
The growing dependence on the internet, in confluence with the rising hardware and software innovations, represents one of the primary factors strengthening the growth of the online gambling market in Europe. Apart from this, the dominant market players are focusing on merger and acquisitions to expand their presence. Besides this, the lockdown restrictions imposed in several European countries to encourage the adoption of social distancing measures on account of the onset of coronavirus disease (COVID-19) has resulted in a sudden surge in the number of visitors to the gambling websites. This has created a favorable outlook for the online gambling market in the region. Looking forward, 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 Europe 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 Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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