Market Overview 2022-2027:
The United States online gambling market size reached US$ 8.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 14.7 Billion by 2027, exhibiting a growth rate (CAGR) of 8.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Also known as virtual gambling, online gambling refers to betting on sports-based activities or casinos over the internet. It does not require a physical interaction of players and the sessions are conducted online via computer programs. Consequently, games such as blackjack, roulette, sports betting, slot machines and poker are gaining traction in the United States.
The key market players operating in the United States are focusing on mergers and acquisitions to expand their overall reach. These players are also launching their offerings in the potential market, which is bolstering the market growth. Besides this, the increasing utilization of electronic devices like smartphones and laptops are strengthening the growth of the market across the country. Furthermore, the outbreak of the coronavirus disease (COVID-19) has positively influenced the growth of the online gambling industry as the imposition of lockdown restrictions have surged the number of visitors to the casino and gambling websites. This, in confluence with the advent of bitcoin gambling, is anticipated to fuel the market growth in the country.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the United States online gambling market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on game type and device.
Breakup by Game Type:
- Sports Betting
- Horse Racing
- Live Casino
Breakup by Device:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
||Game Type, Device, Region
|| Northeast, Midwest, South, West
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Key Questions Answered in This Report:
- How has the United States 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 United States 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 United States online gambling market and who are the key players?
- What is the degree of competition in the industry?