Canada

Mexico Gambling Markets Report 2021 Featuring 1xBet, Bet365, Caliente Casino, Codere Group, Intertops, Interwetten, & Winland Group

Published

3 years ago

May 19, 2021

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

Andrew Cochrane Chief Business Officer of GiG

GiG increases Ontario market presence, powering the launch of Casino Time

Published

1 day ago

April 18, 2024

GamingAmericas.com

gig-increases-ontario-market-presence,-powering-the-launch-of-casino-time

Gaming Innovation Group Inc. (GiG), has announced the launch of Casino Time, powered by its award winning iGaming platform and pioneering real-time rules engine LogicX, with revolutionary sportsbook, SportX soon to follow, to further extend its footprint in the regulated Canadian province of Ontario.

The launch of Casino Time carries extra significance, marking only the second time that on-demand, regulated online Bingo has been made available in Ontario. The new Bingo product vertical, launched alongside a strong Casino offering, will be boosted by GiG’s new sportsbook, SportX, as part of a planned release later this year.

GiG has focused its solutions on driving exponential growth in revenue for operators with its highly scalable iGaming platform, offering localised third party content and leading suppliers for the Ontarian market. GiGs peerless gamification layer creates an optimised and immersive casino experience tailored to regional preferences, swelling client retention and player engagement.

Canadian owned and operated, Casino Time is a joint venture amongst leading retail operators in Ontario’s Charitable Gaming sector, delivering Bingo, Slots and Live Dealer Casino Games. Promising a personalised service and community experience, Casino Time is continuing its long-standing partnership with local charities, introducing its joint fundraising model into the iGaming space for the first time.

Now coming towards the end of its second year of licensed operations, Ontario has emerged as one of the largest iGaming markets in North America, second only to New Jersey according to data supplied by Vixio. The first and as yet only Canadian province to launch a regulated market, Ontario boasts more than 1.6 million active player accounts spread over 40 plus operators, generating €1.3 billion in Gross Gaming Revenue (GGR) in its first year of trading, with this data supplied by iGaming Ontario.

Andrew Cochrane, Chief Business Officer of GiG, said: “GiG continues to set the pace with a strong cadence of brand launches in 2024, and I’m pleased that when operators are seeking platform solutions in regulated markets, GiG is leading the pack. Our partnership with Casino Time, will help deliver something new and exciting to the Ontarian market, and further helps to demonstrate the flexibility of our solutions, adapting to match the regional aspirations of our partners to deliver growth.”

D’Arcy Stuart, CEO of Casino Time, said: “We are thrilled to partner with GiG as the core technology provider of our iGaming platform. Their powerful suite of player engagement tools, as well as diverse content and regulatory integrations, underpin our ability to serve and delight our player community. Our hybrid online and offline customer network, as well as unique bingo offerings, will drive exciting opportunities as the platform and the marketplace continues to grow.”

Canada

Glitnor Group expands IBIA’s betting integrity presence in Ontario

Published

1 week ago

April 10, 2024

Adrienn Sarkany

glitnor-group-expands-ibia’s-betting-integrity-presence-in-ontario

Reading Time: 2 minutes

Glitnor Group, operating under the LCKY Group in Ontario, has joined the International Betting Integrity Association (IBIA). Glitnor Group’s luckycasino.ca brand sportsbook will feed into IBIA’s world leading betting integrity monitoring platform. The operator joins over 50 companies and 125 leading sports betting brands in IBIA and further cements the association’s position as the leading sports betting integrity monitoring body in Ontario and globally.

David Schwieler LCKY Group CEO, said: “At Glitnor Group, we’re dead serious about keeping our betting games fair and square. That’s why teaming up with IBIA is a big deal for us. We know how crucial it is to protect the spirit of sports, and we’re ready to roll up our sleeves and work closely with the IBIA to make sure sports betting stays exciting, speedy, and above all, fair.”

Khalid Ali, CEO of IBIA, said: “I am delighted to welcome Glitnor Group as IBIA’s latest member in Ontario. Glitnor and IBIA share a common goal to maintain the integrity of the sports betting marketplace and to protecting consumers and sports from match-fixing. Ensuring product integrity is paramount to our approach and we look forward to integrating Glitnor within our leading global sports betting integrity monitoring system.”

IBIA is a not-for-profit body that has no competing conflicts with the delivery of commercial services to other sectors and is run by operators for operators to protect regulated sports betting markets from match-fixing. IBIA’s global monitoring network is a highly effective anti-corruption tool, detecting and reporting suspicious activity in regulated betting markets.

Through the IBIA global monitoring network it is possible to track transactional activities linked to individual customer accounts. IBIA members have over $300bn per annum in betting turnover (handle), accounting for approximately 50% of the global commercial regulated land-based and online sports betting sector, and in excess of 50% for online alone.

IBIA recently released a report on the Availability of Sports Betting Products which highlighted Ontario as a leading regulated gambling jurisdiction, with an expected onshore channelisation for sports betting of 92% in 2024 forecast to rise to 97% in 2028. IBIA currently represents over 60% of the private sports betting operators licensed in the province. All online sports betting operators licensed in Ontario are required to be part of a betting integrity monitoring body.

IBIA’s 2023 annual integrity report detailed 184 alerts reported in the year, which represents a decrease of 101 (or 35%) on the revised 2022 figure of 285 alerts. IBIA alerts contributed to the investigations and subsequent successful sanctioning of 21 clubs, players and officials in 2023, an increase on the 15 sanctioned in 2022.

The post Glitnor Group expands IBIA’s betting integrity presence in Ontario appeared first on European Gaming Industry News.

Bragg Gaming Group

Bragg Gaming Announces Resignation of Chief Financial Officer

Published

1 week ago

April 9, 2024

GamingAmericas.com

bragg-gaming-announces-resignation-of-chief-financial-officer

Bragg Gaming Group Inc., a global B2B gaming technology and content provider, announced that Chief Financial Officer (CFO), Ronen Kannor, has notified Bragg’s board of directors (Board) that he will resign from his position to pursue other career opportunities, effective June 3, 2024. The Company confirms that the search for a replacement CFO has commenced.

Matevž Mazij, Chief Executive Officer and Chair of the Board, commented: “We thank Ronen for his dedication and commitment to Bragg over the past four years and for his unwavering service as a pivotal member of the leadership team.

“During his tenure as CFO, the Company has undergone huge positive transformation including being uplisted to the Toronto Stock Exchange, dual listed on the NASDAQ and successfully completing two acquisitions, all while reporting consecutive years of revenue, gross profit and adjusted EBITDA growth. We wish Ronen all the very best in his future endeavors.”

Ronen Kannor commented: “It has been an honor to be part of the Bragg team which has successfully navigated many challenges and continued to deliver consistent growth over the past four years. I thank the Board for their support throughout my time with Bragg, and I am now fully focused on ensuring a smooth handover to my successor.

“Special thanks goes to my finance team, who work tirelessly to deliver the positive change and financial growth that the Company continues to achieve. I wish them and all of my colleagues continued success with Bragg now and in the future.”