Artificial Intelligence
Global Industry Statistics on Online Gambling & Betting Market Size Will Grow to USD 100 Billion by 2026: Facts & Factors
New York, NY, Jan. 06, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Online Gambling & Betting Market By Game Form Type (Poker, Casino, Sports Betting, Bingo, Lottery, and Others), By Component Analysis (software, and services) and By Device Analysis (Desktop, Mobile, And Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026”.
According to the research study, the global Online Gambling & Betting Market was estimated at USD 50 billion in 2019 and is expected to reach USD 100 billion by 2026. The global Online Gambling & Betting Market is expected to grow at a compound annual growth rate (CAGR) of 10% from 2019 to 2026.
Online gambling and betting, is generally known as internet gambling. It is gambling on different games such as casino or sports over the internet. Some of the common games in the market include poker, bingo, lotteries, roulette, slots, and keno. Online gambling and betting have perceived reflective propagation over the past 8-10 years. The easy availability of these games and the temptation of easy money are the leading factors fueling the overall online gambling and betting market growth.
Get Updated Free Sample Report of Online Gambling & Betting Market @ https://www.fnfresearch.com/sample/online-gambling-betting-market-by-game-form-type
(The free sample of this report is readily available on request). Our Free Sample Report Includes:
• 2020 Updated Report Introduction, Overview, and In-depth industry analysis
• 225+ Pages Research Report (Inclusion of Updated Research)
• Provide Chapter-wise guidance on Request
• 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends • Includes Updated List of table & figures
• Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
• Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Key Offerings: Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/online-gambling-betting-market-by-game-form-type Top Market Players
Some of the major players in the global Online Gambling & Betting market are Bet365 Group Ltd., Betfred Ltd., 888 Holdings plc., Paddy Power Betfair plc, GVC Holdings plc, Fortuna Entertainment Group, The Stars Group, The Betway Group, William Hill plc, Kindred Group, Rank Group, Hong Kong Jockey Club, and Betsson AB, and others.
To know an additional updated 2020 list of market players, request a sample report: https://www.fnfresearch.com/sample/online-gambling-betting-market-by-game-form-type
Online gambling and betting market are enormously motivated by the firm growth in the internet organization along with the strong awareness of mobile devices. The rising propagation of mobile applications has widened the opportunity for overall market growth. Thus, the constant rise observed across internet usage and online streaming & gaming is anticipated to fuel the market growth in the following years.
Based on game form, the global online gambling & betting market is divided into poker, casino, sports betting, bingo, lottery, and others. Sports betting was the largest segment of the online gambling & betting market in 2019. It is expected to register growth by a CAGR of 11% over the forecast period. Based on component type, the global online gambling & betting market is segmented into software, and services. In 2019, the software segment is anticipated to acquire a major share in the global online gambling & betting market. The service segment is expected to witness the fastest growth during the forthcoming years.
Based on device type, the global online gambling & betting market is segmented into the desktop, mobile, and others. In 2019, the desktop segment dominated the global online gambling & betting market. The mobile segment is projected to be the fastest-growing device type over the next five years attributed to increasing the adoption of mobile by consumers, especially in developing countries.
Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/online-gambling-betting-market-by-game-form-type
Online gambling and betting mean playing games by using the internet. It is gambling on casino games or sports over the internet. The online betting segment includes the sports category, such as the FIFA World Cup and European Championships. Moreover, online betting is especially popular in greyhound racing and horse racing. Online betting is the fastest-growing segment during the forecast period. Chabot, artificial intelligence, and machine learning are driving the market growth. The growing number of the female population in casinos and the convenience in the mode of payment such as cashless payment during the gaming is expected to boost online gambling & betting market growth during the forecast period.
Increasing digitization and legalization of online betting and gambling across the globe is expected to fuel market growth. An increase in the number of internet users is driving the online gambling & betting market. In 2019, above 46% of the global population had access to the internet as compared to 43% in 2017. The number is anticipated to rise due to digitalization and legalization. Thus, the growth of the online gambling & betting market is anticipated in the near future. The increasing preference of gamblers to online payment mode owing to a growing trust in online payment options. Increasing the use of mobile phones, high internet penetration is driving market growth in various regions. Increasing investment of major players in backward integration and the software & technology in order to strengthen its presence is driving the market growth. The regulation imposed by the government can create restraints in the online gambling and betting market. Browse the full “Online Gambling & Betting Market By Game Form Type (Poker, Casino, Sports Betting, Bingo, Lottery, and Others), By Component Analysis (software, and services) and By Device Analysis (Desktop, Mobile, And Others): Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2026″ report at https://www.fnfresearch.com/online-gambling-betting-market-by-game-form-type
Europe dominated the market of online gambling & betting accounting for a 52% share of the online gambling & betting consumption globally in 2019. Europe is expected to project a huge revenue in the global online gambling & betting market, mainly due to the enormous demand originating from the Western European countries. The Asia Pacific online gambling & betting markets are projected to demonstrate a significant growth rate in the near future, due to a rise in awareness regarding gambling & betting, increased internet penetration, increase in population, and significant growth in GDP in developing countries such as India, China, etc.
Request Customized Copy of Report @ https://www.fnfresearch.com/customization/online-gambling-betting-market-by-game-form-type
(We customize your report according to your research need. Ask our sales team for report customization.)
This report segments the Online Gambling & Betting market as follows: Global Online Gambling & Betting Market: By Game Form Type Segment Analysis
Global Online Gambling & Betting Market: By Device Analysis Segmentation
Global Online Gambling & Betting Market: By Component Analysis Segment
For urgent inquiry, mail to [email protected]
About Facts & Factors (FnF Research):
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.
Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearch Follow Us Twitter: https://twitter.com/fnfresearch
Contact Us:
Facts & Factors
USA: +1-347-989-3985
Email: [email protected] Web: https://www.fnfresearch.com
Blog: http://fnfnewsblog.com
(You may enquire a report quote OR available discount offers to our sales team before purchase.)
Artificial Intelligence
CRISIL wins Model Validation Tools and Accelerators category award, other recognitions from Chartis
Recognized among top 50 financial services firms for analytics and risk tech
MUMBAI, India, June 18, 2024 /PRNewswire/ — CRISIL, a global provider of advanced analytics and risk management solutions, has won the Solution Category award for Model Validation Tools and Accelerators as part of the latest Chartis STORM 2024 report.
Published by Chartis Research, the leading provider of research and analysis on the global market for risk technology, STORM 2024 is an annual report on quantitative technologies and the computational infrastructure supporting it.
Following an extensive evaluation process, which included a risk technology survey, product demo, customer reference checks, and third-party sources of information, CRISIL won the following recognitions:
Solution category award for Model Validation Tools and AcceleratorsRanked Top 25 (#24) in QuantTech50 2024 rankingsRanked Top 25 (#24) in BuySideRisk50 2024 rankingsRanked Top 50 (#38) in RetailFinanceAnalytics50 2024 rankingsThe recognitions reflect the unparalleled value CRISIL brings to its clients through deep domain expertise, specialized analytical and technical knowledge and our global perspective.
Says Jan Larsen, President and Head, CRISIL Global Research & Risk Solutions, “CRISIL is honored by the recognition across multiple STORM50 award categories this year, including being named first place for Model Validation Tools and Accelerators. This is a great testament to the contributions of our team in giving clients and their regulators confidence in the models they use for making critical decisions.”
The core tenets of CRISIL’s value proposition include expertise across asset classes and risk stripes, analytical excellence and regulatory experience, tailored solutions focused on client delight, continuous improvement and technological innovation.
Says Ashish Vora, President, CRISIL Market Intelligence and Analytics, “This prestigious recognition underscores the global acceptance of our risk management solutions and highlights our unwavering commitment to excellence in the risk technology space. Our Credit+ technology solutions have been instrumental in offering AI-enabled advanced analytics and driving efficiency, and we are particularly proud of the exceptional client feedback we have received for these solutions. We are constantly exploring new ways to enhance customer value and are investing in cutting-edge technology and domain expertise to maintain our position at the forefront of the industry.”
Notable examples of CRISIL’s platforms that help demonstrate this value proposition include:
Model Infinity: A leading platform for model inventory management and model risk management. This innovative platform empowers our client to centralize all model activities, eliminates manual processes and operational risk, and provides a full audit trail of approvals for modeling assumptions and updates. Scenario Expansion Manager (SEM): A platform for clients to expand, analyze and track all regulatory and internal scenarios used for stress testing. As a centralized repository of scenarios, SEM allows institutions to eliminate redundant internal work and even provide clients the ability to share internal scenarios with one another. Credit+ ICON: The platform enables credit decision-making through its extensive financial spreading and front-end based credit risk scorecard hosting capabilities. Powered by deep domain expertise, AI-driven analytics and extensive configurability, it serves 40+ global clients across 15 countries.Credit+ Early Warning Signals: The AI-powered solution provides banks with actionable insights to monitor their credit quality, lower loan-loss contingencies and track corrective action plan.About CRISIL Market Intelligence & Analytics
About Global Research & Risk Solutions
About CRISIL Limited
Connect with us: LINKEDIN | TWITTER | YOUTUBE | FACEBOOK
CRISIL PRIVACY
Disclaimer
This press release is transmitted to you for the sole purpose of dissemination through your newspaper/ magazine/ agency. The press release may be used by you in full or in part without changing the meaning or context thereof but with due credit to CRISIL. However, CRISIL alone has the sole right of distribution of its press releases for consideration or otherwise through any media including websites, portals, etc.
CRISIL has taken due care and caution in preparing this press release. Information has been obtained by CRISIL from sources which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of information on which this press release is based and is not responsible for any errors or omissions or for the results obtained from the use of this press release. CRISIL, especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this press release.
Logo – https://mma.prnewswire.com/media/2211784/4276223/CRISIL_logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/crisil-wins-model-validation-tools-and-accelerators-category-award-other-recognitions-from-chartis-302175882.html
Artificial Intelligence
Enfuse Group acquires Truly Intelligent Business IP to further develop data capability
LONDON, June 18, 2024 /PRNewswire/ — Enfuse Group, a multi award-winning transformation consultancy, is delighted to announce the acquisition of the intellectual property from data consultancy Truly Intelligent Business (TIB).
This acquisition evolves the existing partnership between Enfuse Group and TIB, where they’ve worked together to simplify and accelerate data value for some of the world’s most recognisable brands, including The Financial Times and McDonald’s UK&I. This acquisition now fully embeds all of TIB’s powerful data value accelerators within Enfuse Group’s wider capabilities, enabling Enfuse Group to help even more organisations to be more data-driven, and less data-busy! This acquisition also sees Phil Husbands, Founder & Director of TIB move to Enfuse Group to spearhead the enhanced Enfuse Data & AI capability.
Enfuse Group’s expanded portfolio now features cutting-edge solutions that simplify data complexity, reduce costs, and maximise data return on investment. This includes 4dDX – A strategic data capability framework that quickly and easily creates powerful data strategies and ADEA (Accelerated Data Enablement Architecture) that simplifies and accelerates organisations’ ability to be more data-driven and less ‘data-busy’. Additionally, Enfuse Group has acquired a number of data accelerators that enable organisations to rapidly improve their data visibility, insights, governance, and operating models.
Josh Rubin, Chief Growth Officer at Enfuse Group commented: “This acquisition marks a significant milestone in our growth journey and the investment is a signal of intent on how we are further building our capabilities in the data, AI, and analytics space. We know from speaking to our clients how much they are struggling with the rapid growth of the data in their organisations and the need to get this under control to derive real business value. We are very excited to build on the great tools and approaches that TIB have been so successful with to-date and help further scale these to help a broader set of clients”.
Phil Husbands, Director at TIB commented “I’m delighted that our partnership with Enfuse Group has evolved to this stage, where TIB’s data accelerators can now reach more businesses and organisations, and our determined focus on ‘data-driven not data-busy’ will be boosted by the talent and expertise of the whole team at Enfuse Group”.
About Enfuse Group
Enfuse Group is a UK headquartered transformation consultancy who work with clients across both private and public sectors shaping and delivering their biggest transformations. Enfuse Group were recognised in the Financial Times Leading Consultancies across three categories, as well as being named Best New Consultancy in 2023 by the Management Consultancies Association (MCA).www.enfusegroup.com
To learn more about these Data Accelerators or for any enquiries, please contact [email protected]
View original content:https://www.prnewswire.co.uk/news-releases/enfuse-group-acquires-truly-intelligent-business-ip-to-further-develop-data-capability-302175816.html
Artificial Intelligence
SURFLINE AND ENDLESS SURF PARTNER TO ADVANCE THE WAVEPOOL MOVEMENT
New partnership combines Surfline’s industry-leading camera and relive technology with Endless Surf’s world-class waves.
HUNTINGTON BEACH, Calif., June 18, 2024 /PRNewswire/ — Surfline and Endless Surf announced a new strategic partnership, which will deliver transformational benefits for surfer progression and unlock significant revenue opportunities for wave parks globally.
Surfline, the leading arbiter of good waves globally, has identified Endless Surf as a future standard bearer in wave technology and is designating participating surf parks powered by Endless Surf as Surfline ‘Premier Parks’. Premier Parks will have access to Surfline’s industry-leading camera infrastructure which will enable them to provide live streaming and relive video experiences to their customers. Premier Parks will benefit not only from Surfline’s technology, but also Surfline’s reach, powerful marketing platform and global audience of millions of surfers, allowing Premier Parks to drive bookings and find new customers.
Surfline is also on the eve of launching their AI-based camera technology, which will further establish them as the place where every surfer’s life lives. This experience will launch at key spots in ocean environments during summer 2024 and select wave pools shortly after. Endless Surf parks around the world will be able to leverage this same technology to offer customers video clips during and after visits to participating parks.
“We are thrilled to partner with Endless Surf,” said Ross Garrett, CEO of Surfline. “By pairing our camera technology with Endless Surf’s next-generation wave technology, we will create incredible new experiences and accelerate innovation for pool and ocean surfers.”
Paul Chutter, President of Endless Surf, notes how natural of a fit this partnership is, saying, “This partnership is strategically significant for both of us. The Premier Parks offering enhances the Endless Surf experience for both our customers building surf venues and the end-user that will surf, and now relive, our world-class waves. We’re proud to partner with a likeminded company to continue shaping the future of surfing beyond the ocean.”
Both companies are excited to build on their histories of innovation and delivering authentic value to surfers. This new alliance will further boost the surf park business model, as it unlocks significant revenue opportunities for participating venues. Stay tuned for more as Surfline launches its AI-based technology this summer, and as over a dozen Endless Surf projects in development progress globally.
To learn more about these companies visit Surfline.com and EndlessSurf.com
Photo – https://mma.prnewswire.com/media/2441254/ES_Surfline_Graphic_1_2__3.jpg
View original content:https://www.prnewswire.co.uk/news-releases/surfline-and-endless-surf-partner-to-advance-the-wavepool-movement-302175129.html
-
Artificial Intelligence4 days ago
Borderless AI & Cohere team up to build a custom-trained AI model for HR professionals, taking on Deel and Remote.com
-
Uncategorized6 days ago
AI Could Transform UK’s Public Finances as Labour Touts Gains
-
Artificial Intelligence4 days ago
LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™
-
Artificial Intelligence4 days ago
Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services
-
Uncategorized4 days ago
Dan’s the man: Why Chinese women are looking to ChatGPT for love
-
Artificial Intelligence6 days ago
ThreatQuotient is positioned as the Leader in the 2024 SPARK Matrix™ for Digital Threat Intelligence Management by Quadrant Knowledge Solutions for Third Consecutive Year
-
Uncategorized4 days ago
Meta to use Instagram and Facebook posts from as far back as 2007 to train artificial intelligence tools
-
Artificial Intelligence4 days ago
Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup