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The “Gambling Market in the UK 2018–2022” report has been added to ResearchAndMarkets.com’s offering.
The gambling market in the UK is set to grow at a CAGR of 5.16 per cent for the next four years from 2018, according to the Gambling Market in the UK 2018–2022 report published by ResearchAndMarkets.com.
The report has been prepared after an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one driver in the market is growth of the online gambling market. With the online gambling segment accounting for over 35 per cent of the gambling market in 2017, the demand for online gambling is likely to surge in the UK over the forecast period.
One trend in the market is implementation of artificial intelligence in gambling. With the emerging consumer trends and innovative technologies, vendors in the gambling market are focusing on implementing artificial intelligence (AI) in online gambling and casino gameplay. AI can replicate conventional gameplay in the virtual realm, creating an immersive and authentic gambling experience.
Further, the report states that one challenge in the market is challenges of problem gamblers. One of the biggest challenges for the global gambling market in the UK is the presence of problem gamblers. These gamblers are influenced by compulsive gambling and have the urge to gamble continuously despite harmful negative consequences.
Source: European Gaming Industry News
