It's challenging to provide a specific percentage breakdown of the global gambling market between online casinos and retail casinos because the market landscape continually evolves and can vary significantly by region. However, I can offer some general trends and insights:
Online Gambling Growth: Online gambling has been on the rise for several years, driven by factors such as increased internet accessibility, advancements in technology, and changing consumer preferences. The online gambling sector has seen substantial growth in revenue and market share.
Retail Casino Dominance in Certain Regions: Traditional brick-and-mortar casinos, especially in well-established gambling destinations like Las Vegas (United States), Macau (China), and certain European cities, have historically dominated the gambling industry. These regions have iconic casino resorts and attract millions of tourists annually.
Online Gambling's Share: Online gambling's share of the global market has been increasing steadily, particularly in regions where online gambling regulations are favorable. Europe, for example, has seen significant growth in online gambling.
COVID-19 Impact: The COVID-19 pandemic, which began in 2019, had a significant impact on the gambling industry. Lockdowns and restrictions led to a surge in online gambling as people turned to online platforms when physical casinos were closed or limited in operation.
Market Share Fluctuations: Market share percentages can vary widely from year to year, and the balance between online and retail gambling can shift due to factors like regulatory changes, economic conditions, and technological advancements.
Question to the players: Have your preferences for online gaming changed after COVID-19?
Have your preferences for online gaming changed after COVID-19?
Yes
No
I don't gamble
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