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The Japan online gambling market was valued at US$ 6.7 Billion in 2021.
We expect the Japan online gambling market to exhibit a CAGR of 6.95% during 2022-2027.
Various technological advancements, such as the development of virtual reality and blockchain tools, that maintain the transparency of gambling activities, with providing immersive experience to the players,?are primarily driving the Japan online gambling market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for online gambling owing to the implementation of stringent lockdown regulations across the nation, resulting in the temporary closure of physical casinos.
Based on the game type, the Japan online gambling market has been segregated into sports betting, casino, and others. Currently, sports betting, including horse racing holds the majority of the total market share.
Based on the device, the Japan online gambling market can be bifurcated into desktop, mobile, and others. Currently, desktop holds the largest market share.
On a regional level, the market has been classified into Kanto Region, Kinki Region, Central/Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, and Shikoku Region, where Kanto Region currently dominates the Japan online gambling market.
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