Latin America
Mexico Gambling Markets Report 2021 Featuring 1xBet, Bet365, Caliente Casino, Codere Group, Intertops, Interwetten, & Winland Group
The “Mexico Gambling Market (2020-2026): Market Forecast by Product Type (Betting, Casino, Lottery & Others (Poker, Bingo, Etc), by Channel Type (Online, Land-Based) and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
Mexico Gambling Market is anticipated to grow with a CAGR of 33% during 2020-2026.
The Mexico gambling market has been growing significantly owing to the changing lifestyles and rise in purchasing power of consumers. The increasing adoption of smartphones and rising penetration of the internet which provides easy access to online casino gaming platforms are also driving the market. The outbreak of the COVID-19 pandemic led to a decrease in market revenues in the year 2020 owing to the closing of land-based gambling platforms due to the pandemic. However, the market is expected to register growth in the forecast period.
Although COVID-19 led to a decrease in the market revenue of land-based casinos, it had a positive impact on online gambling platforms. As customers could not step out of their houses during the lockdown, many of them started using online gambling platforms as a leisure activity. Factors such as increasing internet penetration and availability of cost-effective mobile applications contributed to this trend.
Moreover, increasing digitalization coupled with secure digital payment options is also some factors contributing to the online gambling market growth. The market is further expected to gain momentum over the forecast period attributed to the rising use of digital currency and websites provided by companies for betting and gambling.
The casino segment has been dominating the market and is expected to register growth in the future. By channel type, the gambling market is segmented into online and land based. The land-based segment is dominating the market currently, but the online segment is expected to register maximum growth in the forecast period.
The Mexico gambling market report thoroughly covers the market by product type and channel type. Mexico gambling market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Historical Data and Forecast of Mexico Gambling Market Revenues, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Gambling Market Revenues, By Product Type, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Gambling Market Revenues, By Channel Type, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Online Gambling Market Revenues, By Types, for the Period 2016-2026F
- Historical Data and Forecast of Mexico Land Based Gambling Market Revenues, By Types, for the Period 2016-2026F
- Market Opportunity Assessment by Product Type
- Market Opportunity Assessment by Channel Type
- Market Drivers and Restraints
- Market Trends
- Competitive Benchmarking
- Key Strategic Recommendations
Key Topics Covered:
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. Mexico Gambling Market Overview
3.1 Mexico Gambling Market Revenues, 2016-2026F
3.2 Mexico Gambling Market-Industry Life Cycle
3.3 Mexico Gambling Market-Porter’s Five Forces
4. Mexico Gambling Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. Mexico Gambling Market Trends
6. Mexico Gambling Market Overview, By Product Type
6.1 Mexico Gambling Market Revenue Share, By Product Type
6.2 Mexico Gambling Market Revenues, By Product Type, 2016-2026F
6.2.1 Mexico Gambling Market Revenues, By Betting, 2016-2026F
6.2.2 Mexico Gambling Market Revenues, By Casino, 2016-2026F
6.2.3 Mexico Gambling Market Revenues, By Lottery, 2016-2026F
6.2.4 Mexico Gambling Market Volume, By Others, 2016-2026F
7. Mexico Gambling Market Overview, By Channel Type
7.1 Mexico Gambling Market Revenue Share, By Channel Type
7.2 Mexico Gambling Market Revenues, By Channel Type, 2016-2026F
7.2.1 Mexico Gambling Market Revenues, By Online, 2016-2026F
7.2.2 Mexico Gambling Market Revenues, By Land-Based, 2016-2026F
8. Mexico Online Gambling Market Overview, By Types
8.1 Mexico Online Gambling Market Revenue Share, By Types
8.2 Mexico Online Gambling Market Revenues, By Types, 2016-2026F
8.2.1 Mexico Online Gambling Market Revenues, By Betting, 2016-2026F
8.2.2 Mexico Online Gambling Market Revenues, By Casino, 2016-2026F
8.2.3 Mexico Online Gambling Market Revenues, By Lottery, 2016-2026F
8.2.4 Mexico Online Gambling Market Revenues, By Others, 2016-2026F
9. Mexico Land-Based Gambling Market Overview, By Types
9.1 Mexico Land-Based Gambling Market Revenue Share, By Types
9.2 Mexico Land-Based Gambling Market Revenues, By Types, 2016-2026F
9.2.1 Mexico Land-Based Gambling Market Revenues, By Betting, 2016-2026F
9.2.2 Mexico Land-Based Gambling Market Revenues, By Casino, 2016-2026F
9.2.3 Mexico Land-Based Gambling Market Revenues, By Lottery, 2016-2026F
9.2.4 Mexico Land-Based Gambling Market Revenues, By Others, 2016-2026F
10. Mexico Gambling Market Key Performance Indicators
11 Mexico Gambling Market Opportunity Assessment
11.1 Mexico Gambling Market, Opportunity Assessment, By Product Type, 2026F
11.2 Mexico Gambling Market, Opportunity Assessment, By Channel Type, 2026F
11.3 Mexico Online Gambling Market, Opportunity Assessment, By Type, 2026F
11.4 Mexico Land-Based Gambling Market, Opportunity Assessment, By Type, 2026F
12. Mexico Gambling Market Competitive Landscape
12.1 Mexico Gambling Market Competitive Benchmarking
12.1.1 Mexico Gambling Market Competitive Benchmarking, By Technical Parameters
12.1.2 Mexico Gambling Market Competitive Benchmarking, By Operating Parameters
13. Company Profiles
- 1xBet
- Bet365
- Caliente Casino
- Codere Group
- Intertops
- Interwetten
- Winland Group
For more information about this report visit https://www.researchandmarkets.com/r/jxln8h
Latest News
Amusnet Joins GAT Caribe Cancún to Showcase Gaming Excellence
Amusnet is going to showcase its top-notch offerings across Online Casino and Live Casino verticals at GAT Caribe Cancún on November 27 at the Cancún International Center. The leading international provider’s participation reflects its focus on establishing meaningful partnerships and delivering gaming experiences tailored to LATAM audiences.
“GAT Caribe Cancún allows us to demonstrate our global expertise within the sector while tailoring Amusnet’s offerings to meet the unique preferences of local players. We are proud to present Dancing Dead, a slot game inspired by the traditional Día de los Muertos celebration, which has been featured on major Mexican TV channels and programs like Viva la Vi. The expo also is a great opportunity for us to engage with key industry figures, discuss new trends, and cultivate relationships to enhance Amusnet’s impact across this dynamic region,” said Iraid Rosales, Country Manager Mexico at Amusnet.
The company will showcase a specially curated selection of its Online Casino games, including top performers like 20 Golden Coins, Diamond Plus, Candy Palace, and Extra Crown and latest releases like Dancing Dead, Vampire Bites, and the unique celebrity slot Stoichkov #8, released in Mexico in May this year.
At the event, visitors can also learn more about the company’s Type S premium slot cabinet series, which features a range of the company’s award-winning slots, including the well-known Jackpot cards bonus. The popular games are Fruits & Gold, 20 Golden Coins, and Cocktail Rush, as well as the newest titles like Stoichkov #8 and Extra Crown Classic.
GAT Caribe Cancún 2024 will gather gaming industry leaders across the Caribbean and Central America to explore digital transformation, esports, and cutting-edge gaming technology innovations. The event will feature an extensive exhibition, allowing operators to test new online games and the latest Land-based technology, helping them expand and refresh their portfolios. Highlighting the schedule, the GAT Caribe Cancun Academy will host local and multinational industry leaders for conferences, training, and forums, addressing key trends shaping the future of gaming.
Latest News
Vibra Solutions becomes Betxico platform partner in Mexico
Vibra Solutions, Latin America’s premier platform developer, powers Betxico’s sportsbook and iGaming offerings as its first major platform partner in Mexico.
The rapidly growing platform technology developer enables Betxico to offer its players one of the most advanced betting and gaming offerings in the region with full customization across any area of its site and integration with the industry’s most popular game providers from slots, crash, and table games to live casino.
The Betxico brand offers a wide range of real-money entertainment options, from sports betting to online casino games, with a responsible gaming-first approach for its customers and catering to a wide range of player preferences.
Vibra Solutions has experienced explosive growth since its launch just one year ago with multiple leading LatAm brands now powered by its advanced, flexible technology. Deliverables can range from a turnkey website with a quick turnaround, to an omnichannel custom-built solution. The goal is always the same: to provide each client with the solution and the level of response they need.
Federico Saini, CCO Vibra Gaming, said: “We’re delighted that Betxico has put their faith in us to power their offering in Mexico. This achievement is thanks to the effort and dedication of all the team here.
“This launch is a great step for Vibra Solutions and opens many doors for continued growth across Mexico and the wider region. We’re making history and setting new standards in emerging markets. If we continue to push together, with the same energy and passion then this is just the beginning!”
Patricio Garza, Director of Operations at Betxico, said: “Vibra has a reputation of delivering excellence with a specific emphasis on LatAm so we knew from the get-go they were a partner we could trust. We’re very excited to launch the new platform on the Betxico brand and to see the results of our partnership.”
Latest News
EvenBet Gaming Launches Innovative Poker Solutions with JugaMax in Paraguay
EvenBet Gaming has announced the launch of its advanced poker solutions in partnership with JugaMax, one of the largest and most respected casino operators in Paraguay. This strategic collaboration marks EvenBet’s debut in the Paraguayan iGaming market, solidifying the company’s expansion within Latin America.
The newly established partnership enables the integration of EvenBet Gaming’s poker offering on the JugaMax platform. Players will now have access to an engaging range of cash games, Sit & Go and Spins tournaments, providing opportunities for both novice and seasoned poker enthusiasts.
The collaboration with JugaMax comes at a pivotal time for the Paraguayan iGaming market, which has witnessed significant growth due to recent regulatory advancements and increasing player demand. In 2023, online casino revenues in the country rose by 14.2%, surpassing USD 23 million, with an average annual revenue per user (ARPU) of over USD 1500. Market projections indicate nearly 30% growth over the next three years, highlighting substantial opportunities for operators and suppliers.
By joining forces, EvenBet Gaming and JugaMax are poised to leverage this growth trajectory and cater to the evolving preferences of the region’s player base. This partnership not only broadens EvenBet’s presence in the Latin American market but also enriches JugaMax’s portfolio with cutting-edge poker solutions.
Manuel Jiménez, Head of LatAm Sales at EvenBet Gaming, said: “We are thrilled to partner with JugaMax and bring our innovative poker solutions to the burgeoning Paraguayan market. With JugaMax’s reputation as a leading operator, coupled with our advanced gaming technology, we are confident that this partnership will transform the online poker landscape in the country and expand our footprint in Latin America.”
Pablo Bergesio, President of JugaMax,said: “The integration of EvenBet’s poker solutions significantly enriches our offering, helping us to attract a wider audience of poker players across Latin America who appreciate exciting and innovative content. With the iGaming market in Paraguay showing promising growth, the partnership is set to play a significant role in our future success in the region, solidifying our position as a leading operator.”
This collaboration underscores EvenBet Gaming’s commitment to delivering exceptional gaming solutions and reinforces its position as a leading provider in the Latin American market.
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