Technavio predicts changes in demographics will expand UK gambling market

6 Jul 2015

(PRESS RELEASE) -- Technavio has published a new report on the gambling market in the UK, which is expected to grow at a CAGR of more than 5 percent from 2015-2019.

About the Report

The new Technavio report draws attention towards remote gambling, which is growing at the highest rate of all the segments in the gambling market in the UK, and is estimated to grow at a CAGR of over 13 percent during the forecast period.

“The main factors driving the remote gambling market are the increasing use of the Internet and the increasing number of women gamblers, which is considered a major revenue contributor to the gambling market in the UK,” says Faisal Ghaus, Vice President of Technavio.

Keeping with this theme, the report also highlights the fact that gambling has traditionally been dominated by men. However, the market has expanded to include participation from more women, young people, and the older population.

“A rise in government involvement and rapidly changing regulations have changed people's perception of gambling, and made it accessible as a social activity for a much broader group of people,” adds Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the gambling market in the UK from 2015-2019. To calculate the market size, the report takes into account GGY generated from betting, remote, lottery, and gaming.

Key Information Covered in the Report:

Key Vendors:
—Petfre (Gibraltar) Ltd.
—Gala Coral Group Ltd.
—Ladbrokes plc
—William Hill plc

Market Growth Drivers:
—Rise in Number of Gambling Premises
—For a full detailed list, view the report.

Market Challenges:
—Government Taxes and Duties
—For a full detailed list, view the report.

Market Trends:
—Change in Demographics
—For a full detailed list, view the report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the gambling market:
—
—Casino Gaming Market in the UK 2015-2019

If you are interested in more information, please contact our media team at media@technavio.com.

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	Technavio predicts changes in demographics will expand UK gambling market 6 Jul 2015 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> (PRESS RELEASE) -- Technavio has published a new report on the gambling market in the UK, which is expected to grow at a CAGR of more than 5 percent from 2015-2019. About the Report The new Technavio report draws attention towards remote gambling, which is growing at the highest rate of all the segments in the gambling market in the UK, and is estimated to grow at a CAGR of over 13 percent during the forecast period. “The main factors driving the remote gambling market are the increasing use of the Internet and the increasing number of women gamblers, which is considered a major revenue contributor to the gambling market in the UK,” says Faisal Ghaus, Vice President of Technavio. Keeping with this theme, the report also highlights the fact that gambling has traditionally been dominated by men. However, the market has expanded to include participation from more women, young people, and the older population. “A rise in government involvement and rapidly changing regulations have changed people's perception of gambling, and made it accessible as a social activity for a much broader group of people,” adds Ghaus. Market Scope and Calculation of Market Size The new Technavio report covers the present scenario and growth prospects of the gambling market in the UK from 2015-2019. To calculate the market size, the report takes into account GGY generated from betting, remote, lottery, and gaming. Key Information Covered in the Report: Key Vendors: —Petfre (Gibraltar) Ltd. —Gala Coral Group Ltd. —Ladbrokes plc —William Hill plc Market Growth Drivers: —Rise in Number of Gambling Premises —For a full detailed list, view the report. Market Challenges: —Government Taxes and Duties —For a full detailed list, view the report. Market Trends: —Change in Demographics —For a full detailed list, view the report. Technavio currently has more than 3000 market research reports on a huge range of topics, including 50+ reports on the gambling market: — —Casino Gaming Market in the UK 2015-2019 If you are interested in more information, please contact our media team at media@technavio.com.