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Gambling in the USA

Global Online Poker Market Size/Share Worth USD 170 Billion by 2030 at a 12% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

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Custom Market Insights has published a new research report titled “Online Poker Market Size, Trends and Insights By Device Type (Mobile, Desktop), By End-user (Gambling Enthusiasts, Dabblers, Social Exuberant), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2030” in its research database.

“According to the latest research study, the demand of global Online Poker Market size & share was valued at approximately USD 85.4 Billion in 2022 and is expected to reach USD 96.2 billion in 2023 and is expected to reach a value of around USD 170 Billion by 2030, at a compound annual growth rate (CAGR) of about 12%during the forecast period 2023 to 2030.”

CMI research report offers a 360-degree view of the Online Poker market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Online Poker market.

Online Poker Market: Overview

Online poker is incredibly popular and will only continue to grow in popularity as a result of the widespread use of smartphones, acceptance of Bitcoin and other digital currencies, and ease of access to casino websites. Aiming to promote the desired level of confidence in the online betting business, technological developments coexist with the annual expansion of online poker.

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For example, virtual reality in gaming creates a simulation of the surroundings; users can interact with them in a real way with specialized equipment such as gloves with sensors.

VR delivers a more realistic gambling experience, higher sound quality, and a realistic game design, as well as allowing players to interact with other players and dealers. Through the creation of new growth potential, VR has assisted the market in improving the gambling experience.

Growth Factors

The market is being driven by expanding internet penetration as well as a rise in the number of people using their mobile phones to play online games both at home and in public. In addition, factors including legal and cultural acceptance, simple access to internet gambling, celebrity endorsements, and corporate sponsorships are promoting industry expansion. The industry is expected to grow more as a result of the affordable mobile applications that are readily available everywhere.

Online poker games place a strong emphasis on creating informational tools that help and support players, protect the integrity of gambling, and guard against fraud. Many online gambling websites provide a free-play version of their games, which presents company growth possibilities.

Many nations have legalized gambling because it creates jobs and generates more tax money for municipal and state governments. In places where casinos play a part in tourist vacations, gambling has also had a good impact on local retail sales for the hotel industry, which has helped the business grow quickly.

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Additionally, the adoption of blockchain technology has significantly impacted market expansion. Transparency in gambling activity is ensured by the blockchain’s ability to make safe payments. Due to the speed and security of Bitcoin transactions, gambling offers a wide range of chances. Because bitcoin transactions are subject to fewer regulations, they are now widely employed in online gambling.

(A free sample of the Online Poker report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

  • Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
  • The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
  • About 220+ Pages Research Report (Including Recent Research)
  • Provide detailed chapter-by-chapter guidance on the Request
  • Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2023
  • Includes Tables and figures have been updated
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis 
  • Custom Market Insights (CMI) research methodology

(Please note that the sample of the Online Poker report has been modified to include the COVID-19 impact study prior to delivery.)

Segmental Overview

The market for Online Poker is segmented into device type and end-user. By device type, the mobile segment is anticipated to witness a tremendous CAGR during 2023­­-2030. Innovative mobile phone technologies have produced stunning smartphone gaming images, increasing access to online gambling on mobile devices. It’s convenient for gamblers to use their mobile devices to place bets. The easy availability of mobile phones at affordable rates, together with cutting-edge features like improved graphics and larger storage capacity is credited with driving the sector’s growth.  Players can enjoy a number of benefits from mobile online gambling, including loyalty points, more deposit choices, and multiplayer opportunities with players from all around the world.

Regional Overview

Europe is expected to hold the largest share of the online poker market. The majority of the growth is attributed to the legalization of online gambling in countries such as Italy, Germany, the UK, Italy, Poland, Malta, and Spain. Moreover, the high disposable income, high spending on leisure, and growing popularity of online gambling, in the region is supporting the market growth. Whereas, the Asia Pacific region is projected to witness a high CAGR during 2023-2030. The relaxation in government rules across Asian countries concerning online betting is boosting the market. Also, increasing spending the population on leisure activities is expected to fuel the market. However, the negative mental impact on players and bans in certain countries is hindering the growth of the market in the region.

Key questions answered in this report:

  • What is the Online Poker market’s size and its expected growth rate?
  • What are the primary driving factors that push the Online Poker market forward?
  • What are the Online Poker Industry’s top companies?
  • What are the different categories that the Online Poker Market caters to?
  • What will be the fastest-growing segment or region?
  • In the value chain, what role do essential players play?
  • What is the procedure for getting a free copy of the Online Poker market sample report and company profiles?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2023−2030
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
  • Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

Report Scope

Feature of the Report Details
Market Size in 2023 USD 96.2 Billion
Projected Market Size in 2030 USD 170 Billion
Market Size in 2022 USD 85.4 Billion
CAGR Growth Rate 12% CAGR
Base Year 2022
Forecast Period 2023-2030
Prominent Players Tencent, Playtika, Zynga Inc., PokerStars, Arkadium, Baazi Games, MPL, Quadrific Media Pvt Ltd., Pocket52, BLITZ POKER, Ignition, Americas Cardroom, BetOnline, Every game, True Poker, Bovada, Juicy Stakes and Others
Key Segment By Device Type, End-user, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfill your requirements for research.

Competitive Landscape

By examining market segments and projecting market size, the reports also aid in understanding the dynamics and organizational structure of the global Online Poker industry. The study serves as an investor’s guide thanks to its clear depiction of competitive analysis of key companies by product, price, financial condition, product portfolio, growth plans, and regional presence in the worldwide access control market.

  •  March 2022: PokerBaazi.com, India’s biggest online poker platform from the house of Baazi Games, on Monday (March 14), launched the #BaaziBillion campaign to mark the unique milestone of clocking a total of 1 billion hands on the platform and commemorate the seven-year journey of the brand in contributing to the poker economy of India.
  •  April 2023: Juicy Stakes came up with a Blackjack Quest and Almost 400 Free Spins Up For Grabs
  •  February 2023: GGPoker revealed the details of the upcoming WSOP Spring Circuit online tournament series
  •  April 2023: The company came up with online poker’s biggest PKO tournament
  •  July 2022: PokerBaazi.com has launched a new advertising campaign called ‘You Hold the Cards,’ which stars brand ambassador Shahid Kapoor.  The brand’s ‘You Hold the Cards’ campaign aims to raise awareness of poker as a skill-based sport and establish it in Poker.
  •  June 2022: PokerStars, part of Flutter Entertainment, announced today it has been granted full registration to operate in the Canadian province of Ontario, by the Alcohol and Gaming Commission of Ontario (AGCO).

(We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.)

Some of the prominent players

  • Tencent
  • Playtika
  • Zynga Inc.
  • PokerStars
  • Arkadium
  • Baazi Games
  • MPL
  • Quadrific Media Pvt Ltd.
  • Pocket52
  • BLITZ POKER
  • Ignition
  • Americas Cardroom
  • BetOnline
  • Every game
  • True Poker
  • Bovada
  • Juicy Stakes
  • Others

The global Online Poker market is segmented as follows:

By End-user

  • Gambling Enthusiasts
  • Dabblers
  • Social Exuberant
  • Teenagers
  • Adults

By Type 

  • Texas Hold’em Poker
  • Omaha
  • 7-Card Stud
  • 5-Card Draw
  • Follow The Queen

By Application 

  • Gambling
  • Entertainment

By Platform 

  • PC
  • Tablet
  • Smartphone
  • Gaming Console
  • Arcade Games

By Payment Mode 

  • Credit Cards
  • Debit Cards
  • Net Banking

Spectacular Deals

  • Comprehensive coverage
  • Maximum number of market tables and figures
  • Subscription-based option offered
  • Best price guarantee
  • Free 35% or 60 hours of customization.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantees are available.
  • Personalized market brief by author.

On the basis of Geography

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

This Online Poker Market Research/Analysis Report Contains Answers to the following Questions

  • What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Online Poker Market? What are Their Company Profile, Product Information, and Contact Information?
  • What Was the Global Market Status of the Online Poker Market? What Was the Capacity, Production Value, Cost and PROFIT of the Online Poker Market?
  • What Is the Current Market Status of the Online Poker Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Online Poker Market by Considering Applications and Types?
  • What Are Projections of the Global Online Poker Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
  • What Is Online Poker Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is the Economic Impact On Online Poker Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Online Poker Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Online Poker Industry?

Reasons to Purchase Online Poker Market Report

  • Online Poker Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
  • Online Poker Market report outlines market value (USD) data for each segment and sub-segment.
  • This report indicates the region and segment expected to witness the fastest growth and dominate the market.
  • Online Poker Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
  • The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
  • Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
  • The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
  • Online Poker Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

  • The study provides a thorough overview of the global Online Poker market. Compare your performance to that of the market as a whole.
  • Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

  • Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Online Poker market analysis.
  • The competitive environment of current and potential participants in the Online Poker market is covered in the report, as well as those companies’ strategic product development ambitions.
  • According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
  • For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

  •  Participants and stakeholders worldwide Online Poker market should find this report useful. The research will be useful to all market participants in the Online Poker industry.
  • Managers in the Online Poker sector are interested in publishing up-to-date and projected data about the worldwide Online Poker market.
  • Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Online Poker products’ market trends.
  • Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

Gambling in the USA

ComOps Accelerates Employee Experience Solutions, in Partnership with Medallia

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Utilizing Actionable Insights to Redefine the Future of Employee Experience 

ComOps, a leading customer experience (CX) and professional service solutions provider for the hospitality and casino industries, today unveiled its accelerated Employee Experience (EX) Solutions in partnership with Medallia, a pioneer in experience management. This collaboration is poised to transform employee feedback, a crucial yet frequently underestimated asset for improving a company. By harnessing employee insights, organizations can streamline operations to foster a more productive and satisfied workforce.

The partnership with Medallia enables ComOps to integrate Medallia’s advanced experience management platform into its suite of services, providing clients with unparalleled insights into employee satisfaction and engagement. Drawing on ComOps’ strong foundation in EX, the program includes a suite of services from implementation to program management to advisory services. Notably, the EX surveys feature a transparent, tiered structure based on the number of employees, ensuring flexibility and scalability for organizations of all sizes.

“We are thrilled to partner with Medallia to bring these innovative solutions to our clients,” said Robert Levine, CEO of ComOps. “Our combined expertise will allow us to deliver actionable insights that drive meaningful change, improve employee engagement, and boost operational efficiency. When you realize that less than half of organizations quickly take action based on employee feedback, this presents an enormous opportunity to build employee trust and foster innovation.”

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George Polyard, Vice President of Customer Experience at ComOps, added, “Emphasizing Employee Experience has been shown to boost employee satisfaction, reduce turnover, and improve retention rates. Additionally, research indicates that satisfied employees are more inclined to deliver superior service, an essential factor for industries heavily dependent on customer service.”

The new Employee Experience Solutions by ComOps are designed to address the unique challenges faced by various industries, including hospitality, healthcare, and commercial operations. By leveraging Medallia’s powerful analytics and ComOps’ strategic expertise, organizations can expect to see notable improvements in employee retention, productivity, and overall workplace satisfaction.

ComOps is officially unveiling the Employee Experience Solutions at the Hospitality Industry Technology Exposition and Conference (HITEC), the world’s largest, longest-running hospitality technology event, June 24-27, 2024. Attendees can stop by ComOps at Booth #817 for more information.

 

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Gambling in the USA

Red Rake Gaming Partners with DraftKings in the U.S.

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Red Rake Gaming Partners with DraftKings in the U.S.

 

Red Rake Gaming, a prominent developer of high-quality online casino content, is excited to announce a new strategic partnership with DraftKings, a leading name in the U.S. sports betting and online gaming industry.

This landmark agreement will see Red Rake Gaming’s innovative and engaging casino games integrated into DraftKings’ platform, offering their extensive player base access to a rich selection of top-performing titles.

The partnership will initially focus on key states, including New Jersey and Pennsylvania including Ontario in Canada, where Red Rake Gaming aims to establish a strong presence and contribute to the vibrant online gaming markets. This collaboration is a significant step in Red Rake Gaming’s broader North American expansion strategy, highlighting its commitment to delivering exceptional gaming experiences to American and Canadian players.

“We are thrilled to partner with DraftKings, a true leader in the U.S. online gaming sector,” said Nick Barr, Managing Director of Red Rake Gaming Malta. “DraftKings’ extensive reach and dedicated player base provide a fantastic platform for us to showcase our innovative games. We are confident that our diverse range of content will resonate well with DraftKings’ players and enhance their gaming experience.”

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This collaboration with DraftKings is one of several strategic alliances that Red Rake Gaming has planned as part of its entry into the U.S. markets of New Jersey, Pennsylvania, and Michigan. By partnering with leading operators in these states, Red Rake Gaming aims to replicate its European success and deliver its captivating gaming experiences to a new audience.

Players across these states can anticipate an influx of engaging and innovative games, characterized by Red Rake Gaming’s trademark high-quality graphics, unique game mechanics, and player-centric features. As Red Rake Gaming continues to expand its footprint in the U.S., it remains committed to pushing the boundaries of online casino gaming and setting new standards in player entertainment.

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Gambling in the USA

BetMGM Ranked #16 on Fortune Media and Great Place To Work’s 2024 Fortune Best Workplaces in Metro New York

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BetMGM announced that Great Place To Work and Fortune magazine have recognized the operator as one of this year’s Best Workplaces in New York. The leading sports betting and iGaming operator landed at No.16 and secured the spot on the prestigious list by surpassing rigorous benchmarks, establishing itself as one of the best workplaces among companies headquartered in the New York region. About 92% of employees surveyed said that BetMGM is a great place to work, 35% points higher than the average U.S. company.

“Landing on this prestigious list is a reflection of BetMGM’s ongoing commitment to fostering a great work environment. I am honored to lead an organization filled with dedicated and talented employees who have created a place where people feel welcomed and supported,” Adam Greenblatt, CEO of BetMGM, said.

To determine the Fortune Best Workplaces in New York List, Great Place To Work collected nearly 140,000 confidential survey responses from employees at eligible companies. Via the Trust Index Survey, employees shared honest feedback about their experience by responding to 60 statements about the employee experience and answering two open-ended questions. To be eligible for the list, companies must be Great Place To Work Certified and headquartered in the New York region.

Some other figures from the survey revealed that 96% of BetMGM employees were made to feel welcome when they joined the company and 94% of employees surveyed are proud to tell others that they work at BetMGM.

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“Congratulations to the Best Workplaces in New York. As the business landscape is disrupted — from AI, global conflict, and market pressure — companies who have built a reservoir of trust with their employees will be more resilient and, ultimately, more successful,” Michael C. Bush, CEO of Great Place To Work, said.

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