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orderdocuments · 5 years
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kisan0318 · 3 years
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Casino Market Trends in 2021, Size, Share, Price Analysis and Forecast to 2027
Overview
The global casino market is likely to reach USD 476,273.7 million by 2025, registering a 7.6% CAGR during the study period, 2019–2025.
The legalization of mobile gambling is one of the key factors driving the growth of the global market. The legal status of mobile gambling varies from country to country and even from state to state within that country. Some of the key countries where mobile gambling is legal are France, Hungary, Ireland, and the US. In the US, almost all type of mobile gambling is legal; however, illegal sports betting that crosses the state borders, is prohibited under the Wire Act. Online gambling games such as poker are legal in New Jersey, Pennsylvania, and Delaware, among others. Similarly, in France, various types of games are legal for betting over the Internet, including sports betting and betting on horses; however, online casino gambling is still not legal in the country.
There are several countries that have recently legalized gambling, and it is expected that these countries, in the coming years, might legalize mobile gambling as well. For instance, in 2016, authorities in Japan passed a bill to legalize gambling in the country. The legalization of gambling is expected to attract a number of international casinos; in fact, it is expected that in the next few years, mobile gambling might also be fully legalized. Currently, the country’s laws do not specifically define the regulations for mobile gambling. Additionally, it is difficult to get a license for a website for mobile gambling. However, with most countries easing the regulations on mobile gambling, the market is expected to display significant growth.
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Market Segmentation
The casino market is segregated into different market segments based on type and regions. For a comprehensive analysis of the market, the type and regions segments are further split into smaller segments. The type segment is categorized into Blackjack, Craps, Lottery, Poker, Roulette, and Slot Machines. Furthermore, based on regions, the global market is also segmented into Asia-Pacific (China, Japan, Australia and Rest of Asia-Pacific), Europe (Germany, UK, France and Rest of Europe), North America (US, Canada and Mexico), Middle East & Africa and South America.
Increased income levels of customers will support the market growth from 2019 to 2026. As per the market research report, the global casino market is anticipated to grow at a healthy rate across all the type and regions segments. However, the presence of active threats such as security risks and legal hurdles could hamper the market growth. Business activities across information and communication technology have also been examined and studied by information and communication technology industry’s experienced analysts. The casino market research report covers findings with predictions and forecasts till 2026.
Regional Analysis
Based on regions, the global casino market is divided into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
Asia-Pacific accounted for the largest market share of 33% in 2018, with a market value of USD 96,340.6 million; the market is expected to register the highest CAGR of 9% during the forecast period. In 2018, North America was the second-largest market, valued at USD 89,832.1 million; the casino market is projected to exhibit a 6.7% CAGR.
North America is expected to be one of the largest revenue generators in the casino market during the forecast period. The region is the second-largest market in the world and has eased restrictions on gambling recently. The overall high standard of living and high disposable income across the majority of North American countries have helped the casino market grow in the region. North America, by country, has been segmented into the US, Canada, and Mexico.
Asia-Pacific has been segmented into China, India, Japan, and the rest of Asia-Pacific. This region is mostly unfavorable for casino gaming in the current legal standing. Japan and India have been trying to make changes in legislation to allow sports betting and casinos, but it largely remains a cultural and religious taboo. This has deterred the growth of the casino market in this region.
Europe has one of the most relaxed laws for gambling and was one of the first regions to regulate it. Some of the largest gambling companies operating in the market, such as Kindred Group Plc, Bet365, and 888 Holdings, have originated in Europe. The region has been segmented into the UK, Germany, France, and the rest of Europe.
The market in Middle East & Africa and South America are expected to show high growth rates during the study period due to the growing popularity of casinos and higher internet connectivity in the regions.
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Competitive Analysis
The key players of the global casino market are Microgaming (Isle of Man), Evolution Gaming (Latvia), Chetu, Inc. (US), Creatiosoft (India), Elaunch Solution Pvt. Ltd (India), Playson (Malta), Betsoft (Malta), Betsson AB (Sweden), Kindred Group PLC (UK), NetEnt AB (Sweden), Paddy Power Betfair PLC (Ireland), The 888 Group (Europort), Scientific Games (US), Ladbrokes (UK), and Addison Global Limited (UK).
Industry News
Penn National Gaming, Inc. reported today that it has reached a deal with Gaming and Leisure Properties, Inc. to buy the Hollywood Casino Perryville operations in Maryland for $31.1 million in cash, subject to customary working capital changes. Penn National will enter into a contract with GLPI for both the real estate properties connected with the Hollywood Casino Perryville facility at the same time as the deal closes, with an annual rent of nearly $7.77 million. The deal is scheduled to close in mid-2021, subject to Maryland Lottery as well as Gaming Control Commission approval and some other standard closing arrangements.
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At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Solutions, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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guerrolacruz-blog · 5 years
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coin-news-blog · 4 years
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Check out 13 Crypto/Blockchain-Related Companies from the Fintech100
New Post has been published on https://coinmakers.tech/markets/check-out-13-crypto-blockchain-related-companies-from-the-fintech100
Check out 13 Crypto/Blockchain-Related Companies from the Fintech100
Thirteen crypto and/or blockchain-related companies are on the list of the best and the most promising financial technology (finthech) companies in 2019.
A fintech venture capital (VC) firm H2 Ventures and “big four” accounting firm KPMG published their Fintech100 annual report recently, which examines the fintech space globally to form a ‘Top 50’ and an ‘Emerging 50’ lists. They searched for the companies “that are taking advantage of technology and driving disruption within the financial services industry,” choosing the best based on a number of different data, as well as the core five factors:
Average annual capital raised
Rate of recent capital raising
Geographic diversity
Sectoral diversity
X-factor: degree of product, service and business model innovation (a subjective measure applied only to companies on the Emerging list).
The results
The report found that, overall, fewer payments and lending companies made the Fintech100, their place being taken by wealth, insurance and multi-sector companies. There’s also a significant increase in venture capital backing of fintech companies, with the listed companies raising over USD 18 billion of capital in the past 12 months and over USD 70 billion in venture capital, a 35% increase from last year’s figure. In terms of geography, the most companies this year are Asia Pacific-based, with 8 out of the 11 companies that have raised over USD 1 billion in the past 3 years coming from the Asia Pacific serving customers in China, India, as well as “rapidly emerging markets in South East Asia such as Indonesia, Vietnam and Thailand,” the report says, adding: “The smart money is rapidly flowing to fintechs focused on this region.”
Importantly for the Cryptoworld: the report highlights 13 crypto / blockchain related companies;
7 are from the Top 50 and 6 from the Emerging 50;
1 is on the top 10 companies list for 2019: JD Digits from China;
5 in the Top 50 have fell lower on the list, compared to last year;
1 (Coinbase) ranks higher compared to last year, and 1 (Bankera) got on the Top 50 from last year’s Emerging 50;
of the 12, 2 are based in the United States, 2 in China, and the rest in the UK, Japan, Korea, Singapore, Lithuania, Malta, France, Luxembourg, and the United Arab Emirates.
Let’s check out the crypto-related companies included in the Fintech 100 for 2019 and how the report describes them (or rather, praises them).
Within the leading 50
JD Digits
Rank: 3 in 2019, 2 in 2018 Based in: China Key people: Shengqiang Chen, CEO Notable investors: CICC, BOCGI, China Securities, CITIC Capital, Sequoia Capital China, China Harvest Investments, China Taiping Insurance
Originally part of JD.com, a major Chinese e-commerce company, JD Digits (formerly JD Finance) became an independently operated technology company in 2013, dedicated to connecting financial and physical industries with digital technology. With its cutting-edge technologies and expertise in big data, AI (artificial intelligence), IoT (Internet of Things) and blockchain, the company builds core digital risk management capability, user operation capability, industry know-how capability and corporate service capability based on the B2B2C model.
Robinhood
Rank: 14 in 2019, 8 in 2018 Based in: United States Key people: Baiju Bhatt, Co-Founder; Vladimir Tenev, Co-Founder; Nate Rodland, COO Notable investors: DST Global, Sequoia Capital, Iconiq Capital, Index Ventures, Tim Draper, Andreessen Horowitz, Snoop Dogg
Founded in 2013, Robinhood is a zero fee stock trading app that offers ETFs (exchange-traded funds), options and cryptocurrency trading, while enabling users with a zero commission model to transact U.S. stocks and ETFs. Users can easily access the financial markets by slimming down the investment process and removing excessive brokerage costs.
OneConnnect
Rank: 18 in 2019, 11 in 2018 Based in: China Staff: 5 Key people: Ye Wangchun, Chairman & CEO Notable investors: IDG Ventures, SBI Group
OneConnect Financial Technology, founded in 2015, has built four service platforms based on Big Data, Blockchain, Financial Cloud, Intelligent Finance and other new technologies, these being: Direct Bank Cloud, Financial Cloud for small and micro enterprises, Interbank Asset Transaction and Personal Credit Investigation. These are meant to provide solutions for small and medium-sized banks, increase revenue, reduce cost and risk and boost competitiveness. As of June 30, 2019, OneConnect had served over 600 banks and 80 insurance companies.
Revolut
Rank: 26 in 2019, 13 in 2018 Based in: United Kingdom Key people: Nik Storonsky, CEO & Co-Founder; Vlad Yatsenko, CTO & Co-Founder Notable investors: Index Ventures, Ribbit Capital, Balderton Capital, DST Global
When it was launched in July 2015 by former Credit Suisse and Deutsche Bank investment bankers, Nik Storonsky and Vlad Yatsenko, as a digital alternative to the big banks, Revolut drew in customers by allowing them to spend and transfer money abroad with the interbank exchange rate. Since then, the company has since attracted over 6 million customers in Europe with its spending overviews, budgeting controls, savings features, donations, commission-free trading and cryptocurrency exchange.
Coinbase
Rank: 34 in 2019, 48 in 2018 Based in: United States Key people: Brian Armstrong, CEO & Co-Founder; Fred Ehrsam, Co-Founder Notable investors: Y Combinator, FundersClub, SV Angel, Union Square Ventures, Digital Currency Group, Andreessen Horowitz, Union Square Ventures, Reinventure Group
Via its online platform launched in 2012, Coinbase enables digital currency transactions between traders, consumers and merchants, with a mission to create "a globally accessible, open financial system." By allowing individual Bitcoin (BTC) wallets and enabling connected bank accounts, it "ensures an improved buying and selling experience," and it also offers a range of payment processing options that can manage high traffic levels on the internet.
Liquid by Quoine
Rank: 38 in 2019, 29 in 2018 Based in: Japan Key people: Mike Kayamori, Co-Founder & CEO; Mario Gomez-Lozada, Co-Founder, President & CTO Notable investors: Jafco Asia, 8 Decimal Capital
Quoine, founded in 2014, provides trading, exchange, and next-generation financial services powered by blockchain technology, currently processing annual transactions worth over USD 50 billion. It was the first global cryptocurrency exchange to be officially licensed by the Japan Financial Service Authority, while its existing trading platforms, Qryptos and Quoinex, are among the most advanced in the world. By launching Liquid, a cryptocurrency one-stop trading portal, they allow users to access a worldwide network of cryptocurrency exchanges. Liquid allows users to match trades across multiple transactions and cryptocurrencies.
Bankera
Rank: 42 in 2019, on the emerging list in 2018 Based in: Lithuania Key people: Vytautas Karalevičius, Co-Founder & CEO Notable investors: Blockshine
Launched in 2017, Bankera is developing a bank to act as the bridge between the traditional world and the blockchain technology, and will offer three core services: payments, loans and deposits and investment solutions such as exchange-traded funds, crypto-funds as well as robo-advisory solutions for wealth management. Its goal is to become a blockchain-based bank, with its high-skilled team, innovative solutions and a strong foundation – SpectroCoin, a cryptocurrency exchange and blockchain wallet.
Companies to watch in the coming years
Binance
Based in: Malta Key people: Changpeng Zhao, Founder & CEO Notable investors: Vertex Ventures, Plutus21, Black Hole Capital, Funcity Capital, Sequoia Capital, Limitless Crypto Investments
Binance is a cryptocurrency exchange platform that combines digital technology and finance. It provides access to exchange digital currency pairs on the market, while maintaining security and liquidity, and enabling a safe and efficient exchange with anyone, anytime and anywhere.
Dether
Based in: France Key people: Hamid Benyahia, Co-Founder; Mehdi Amari, Co-Founder Notable investors: /
Dether is the peer-to-peer Ethereum (ETH) network, which enables anyone in the world to buy and sell ETH using cash, and spend it at physical stores. Dether creates a worldwide ecosystem of ETH buyers, sellers and physical stores willing to trade ETH for fiat and accept it as a means of payment. No bank account is needed to buy/sell ETH, and no credit/debit card is needed to spend ETH at physical stores.
MenaChain Solutions
Based in: United Arab Emirates Key people: Çağla Gül Şenkardeş, CEO; Tolga Odoğlu, General Manager; Tuna Orbay, CTO Notable investors: Boğaziçi Ventures, Aslanoba Capital
MenaPay platform replaces cash and traditional banking tools used for transactions, with a goal of building one of the biggest cashless societies in the world and supporting digital transformation of the MENA (the Middle East and North Africa) region blockchain-based payment gateway. MenaPay platform offers a non-bank, top-up possibility and user-friendly mobile payment experience, digitalizing cash for the 80% of the unbanked adult population in the MENA region.
Moin
Based in: Korea Key people: Ilseok Suh, Founder & CEO Notable investors: BA Partners, Capstone Partners, Honest Ventures, Strong Ventures
To solve problems of the current global remittance market, Moin has developed a money transfer solution based on blockchain. Eliminating the need for SWIFT network or intermediary banks, Moin directly connects senders and receivers to make the wire process simpler, safer, faster, and more convenient with affordable rates.
Silot
Based in: Singapore Staff: 2 Key people: Andy Li, Founder & CEO; Bryan Sun, Co-Founder & CT; Villence Yu, Co-Founder & COO Notable investors: Krungsri Finnovate, Sumitomo Corporation, SBI Investment, Arbor Ventures, Eight Roads Ventures, ZhenFund
With an aim to create new standards of banking platform that empowers banks or financial institutions to launch innovative financial products for the mass market, Silot taps on AI and blockchain to provide next generation efficiency, capability and security by connecting bank’s functionalities and data silos.
Tokeny Solutions
Based in: Luxembourg Key people: Luc Falempin, Co-Founder & CEO; Daniel Coheur Co-Founder & Chief Strategy Officer; Philippe Van Hecke, COO Notable investors: Euronext
Tokeny Solutions enables mid-cap companies, investment banks, funds, asset managers and distributors to dematerialize assets on the blockchain, in order to reach a global audience, enforce compliance obligations, enable automation, and increase operational efficiency. The company delivers an institutional grade, modular end-to-end platform, allowing for the issuance, transfer and servicing management of tradable digital assets/security tokens. Tokeny Solutions has issued multiple tokenized offerings across five continents with more security offerings to come.
Source: cryptonews.com
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jqueensy-blog · 4 years
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wxkryarb-blog · 5 years
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