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bV1sion provides an exclusive overview of the social casino market, including market GGR forecasts, regional split and growth rates, as well as the impact of the Covid-19 lockdown with bV1sion now forecasting upside to 2020 growth expectations

Updated December 04, 2020 Average weekly wages for all industries by county Las Vegas metro area, second quarter 2020. Casino Hotels in the US industry outlook (2020-2025) poll Average industry growth 2020-2025: x.x lock Purchase this report or a membership to unlock the average company profit margin for this industry.

The first quarter of the year has been dominated by the impact of the Covid-19 outbreak. This drove an acceleration of growth towards the end of the quarter and into early Q2, although there remains risk of a slowdown towards the end of the year if there is a significant economic downturn.

Global GGR forecasts (see Chart 1 below)
We forecast the global social casino market to grow by 6.4% in 2020, although the current run-rate is significantly ahead of this, and there is upside risk to our 2020 GGR forecast of $5.7bn.

However, given the potential for a slowdown towards the end of the year as the lockdown leads to a macro-economic slowdown, our full year forecasts remain unchanged at this moment in time.

Regional GGR split (Chart 2)
With the US by far the largest individual market, North America continues to drive the lion’s share of global revenues, representing 71% of the entire market.

While forecast to grow at a slower rate than other regions, its scale means that it continues to generate the highest growth of any region in dollar terms each year.

GGR growth by region (Chart 3)
Africa has the highest growth rate of 13% year-on-year, but this is being driven from a very low base. Therefore Asia arguably has the greatest growth opportunity outside of the US.

Although the Covid-19 outbreak has seen social casino growth generally accelerate across the board, China has seen a particularly pronounced uptick, although this is likely due to the length and severity of the lockdown in the region.

Covid-19 impact (Chart 4)
Analysis of industry growth rates shows a marked increase in GGR growth in March, which then accelerated into April.

Across March as a whole, year-on-year GGR growth accelerated by c.8% compared to that seen in February, and in April this had increased to 43% incremental GGR growth versus the start of 2020.

By contrast, downloads appear to have peaked, with the big increase in downloads occurring in March when the lockdowns started in many regions.

In terms of the components of the GGR growth, analysis of data from Mobile Action shows an increase in users, compounded by an increase in user rate, with daily active users (DAUs) increasing at a faster rate than users.

This has been compounded further by an increase in average spend, with growth in daily average revenue per user (DARPU) growth also accelerating.

For 2020 as a whole, bV1sion forecasts an increase in daily average users (DAUs) of 0.9% after years of consecutive declines, and this number is likely to be revised up further if the lockdown continues.

While DARPU will continue to be the main driver of GGR growth (bV1ision forecasts DARPU growth in 2020 of 5.4%), the increase in DAUs – in part driven by an increase in the total user base – is a welcome positive for the industry.

About bV1sion
bV1sion is the social casino industry's leading market intelligence and data provide
bV1sion has a partnership with H2 Gambling Capital, which has a track record of 15 years focused on the global gambling industry; its projections have been influential in shaping legislators' and investors’ views of the gambling sector across the globe. bV1sion also has a media partnership with iGaming Business. For further information on bv1sion’s data and research please contact: [email protected]

Photo by Cristian Dina from Pexels

A New Research Published by JCMR on the Global Casinos Market (COVID 19 Version) in various regions to produce more than 200+ page reports. This study is a perfect blend of qualitative and quantifiable information highlighting key market developments, industry and competitors’ challenges in gap analysis and new opportunities and may be trending in the Global Casinos Market. Some are part of the coverage and are the core and emerging players being profiled Caesars Entertainment, Galaxy Entertainment, Las Vegas Sands, MGM Resorts, SJM Holdings, 888 Holdings, Betfair Online Casino Games, Boyd Gaming, City of Dreams Manila, Delaware Park, Dover Downs Gaming & Entertainment, Foxwoods Resort Casino, Gala Coral Group, Golden Nugget Online Casino, Harrington Gaming online, Isle of Capri Casinos, Ladbrokes, Palms Casino Resort, Penn National Gaming, Philippines Amusement and Gaming Corporation (PAGCOR), Pinnacle Entertainment, Resorts World Manila, Station Casinos, Stratosphere, Tropicana Entertainment, Trump Entertainment Resorts, William Hill, Wynn Resorts.

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KEY BENEFITS

• The Global Casinos Marketstudy offers a comprehensive overview of the current market and forecasts by 2020-2029 to help identify emerging business opportunities on which to capitalize.

• The Global Casinos Marketreport provides an in-depth review of industry dynamics in Casinos, including existing and potential developments to represent prevailing consumer pockets of investment.

• The report provides details concerning key drivers, constraints and opportunities and their effect on the Casinos report.

• Industry players’ strategic analysis and industry position in the Global Casinos Market;

• The report elaborates on the SWOT analysis and Porters Five Forces model.

• The market-study value chain review gives a good view of the positions of the stakeholders.

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Quantitative data:

• Breakdown of market data by main region & application / end-user

• By type Gambling Machines, Gaming Tables, Online Legal Casino Gaming Services

• Global Casinos MarketReport-specific sales and growth rates for applications On-line, Off-line (historical & forecast)

• Global Casinos MarketProfits by sector and growth rate (history and forecast)

• Global Casinos Marketsize and rate of growth, application and type (Past and Projected)

• Global Casinos MarketSales income, volume and growth rate Y-O-Y (base year)

Qualitative data: Includes factors affecting or influencing market dynamics and market growth. To list some names in related sections

• Industry overview

• Global Global Casinos Marketgrowth driver

• Global Global Casinos Markettrends

• Incarceration

• Global Casinos MarketOpportunity

• Market entropy ** [specially designed to emphasize market aggressiveness]

Casino Industry Growth Rate

• Fungal analysis

• Porter Five Army Model

Research Methodology:

Primary Research:

We interviewed various key sources of supply and demand in the course of the Primary Research to obtain qualitative and quantitative information related to this report. Main sources of supply include key industry members, subject matter experts from key companies, and consultants from many major firms and organizations working on the Global Casinos Market.

Secondary Research:

Secondary Research was performed to obtain crucial information about the business supply chain, the company currency system, global corporate pools, and sector segmentation, with the lowest point, regional area, and technology-oriented perspectives. Secondary data were collected and analyzed to reach the total size of the market which the first survey confirmed.

Customization Available for Following Regions & Country: North America, South & Central America, Middle East & Africa, Europe, Asia-Pacific

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The research provides answers to the following key questions:

1) Who are the key Top Key players in the Global Global Casinos Market Report?

Following are list of players: Caesars Entertainment, Galaxy Entertainment, Las Vegas Sands, MGM Resorts, SJM Holdings, 888 Holdings, Betfair Online Casino Games, Boyd Gaming, City of Dreams Manila, Delaware Park, Dover Downs Gaming & Entertainment, Foxwoods Resort Casino, Gala Coral Group, Golden Nugget Online Casino, Harrington Gaming online, Isle of Capri Casinos, Ladbrokes, Palms Casino Resort, Penn National Gaming, Philippines Amusement and Gaming Corporation (PAGCOR), Pinnacle Entertainment, Resorts World Manila, Station Casinos, Stratosphere, Tropicana Entertainment, Trump Entertainment Resorts, William Hill, Wynn Resorts.

Note: Regional Breakdown & Sectional purchase Available We provide Pie charts Best Customize Reports As per Requirements.

2) Which Are the Main Key Regions Cover in Reports?

Geographically, this report is divided into several main regions, consumption, revenue (million USD) and Global Casinos Market share and growth rate in these regions, from 2019 to 2029 (predicted), covering North America, Europe, Asia-Pacific, etc.

3) What is the projected market size & market growth rate for the 2019-2029 period Global Casinos Market industry?

** The Values marked with XX is confidential data. To know more about CAGR figures fill in your information so reach our business development executive @[email protected]

4) Can I include additional segmentation / market segmentation?

Yes. Additional granularity / market segmentation may be included depending on data availability and difficulty of survey. However, you should investigate and share detailed requirements before final confirmation to the customer.

5) What Is impact of COVID 19 on Global Global Casinos Market industry?

Before COVID 19 Global Casinos Market Market Size Was XXX Million $ & After COVID 19 Excepted to Grow At a X% & XXX Million $.

TOC for Global Global Casinos Market Research Report is:

Casino Industry Growth Rate Formula

Section 1: Global Market Review Global Casinos Market (2013–2029)

• Defining

• Description

• Classified

• Applications

• Facts

Chapter 2: Market Competition by Players/Suppliers 2013 and 2019

• Manufacturing Cost Structure

• Raw Material and Suppliers

• Manufacturing Process

Casino Industry Growth Rate Chart

• Industry Chain Structure

Chapter 3: Sales (Volume) and Revenue (Value) by Region (2013-2019)

• Sales

• Revenue and market share

Chapter 4, 5 and 6: Global Global Casinos Market by Type, Application & Players/Suppliers Profiles (2013-2019)

Continued……..

About Author:

JCMR global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

Casino Hotel Industry Growth Rate

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