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NEAR & Gaming: A Deep Dive into OP Games

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Alongside DeFi and NFTs, Web3 gaming is proving to be one of the most vibrant and creative spaces in crypto. From play-and-earn titles to fractionalized game ownership, crypto gaming’s moment is now. And it’s evolving in real-time. 

OP Games, arguably the most successful gaming company building on NEAR right now. With Arcadia, its aptly-named community-owned arcade, a plug-and-play developer SDK, and monetization features, OP Games is revolutionizing gaming with Web3 technologies. 

In the latest installment of our 4-part series “NEAR & Gaming”, we take a deep dive into OP Games. Not only does OP Games have some lessons for developers building during a down market, they have offer up some useful ideas for onboarding Web2 users into the Web3 world, and more. 

Born in the crypto bear market of 2018

While OPGames is a major gaming platform on NEAR, its origins weren’t exactly auspicious. Growing out of the mobile gaming company Alto, OPGames emerged in the crucible of 2018’s Great Crypto Bear Market. 

Co-founders Chase Freo (CEO) and Paul Gadi (CTO) had a background in Web2 gaming and on other tech projects. A game publisher and investor, Freo grew disillusioned with the 70/30 revenue split that was standard for game publishers and designers. But it was through their work in Web2 gaming that Freo and Gadi, and one of the other original Alto founders, Gabby Dizon, came to know each other. 

“We realized we aligned in terms of how gaming would work outside of the traditional [mobile and desktop]space,” says Freo. “We also realized we were  all into blockchain and crypto, so we co-founded OP Games, which was called Alto at the time.”

Given the bear market of the period, Freo and Gadi  started building a lot of different products, especially in the NFT space. At the time, Web3 developer funds were hard to come by. Freo and Gadi watched as Dapper Labs and The Sandbox got funding, and thought these were good signs. 

While funding didn’t immediately materialize for OP Games, the pair’s work on NFTs was not in vain. Indeed, that work convinced Freo and Gadi of OP Games’ direction and, ultimately, led them to NEAR. 

“There’s a certain way game developers make money in Web2 and it’s skewed towards bigger game companies, bigger game developers, and bigger game publishers,” Freo explains. Developers gravitate toward publishers, who can distribute the game and onboard millions of players. Unless, of course, a game goes viral, like Flappy Bird—which is rare. 

“Because of this extreme reliance on publishers, the deal flows became very one-sided,” says Freo. “And that made me question if I was doing anybody a favor by being a game publisher. That changes the power structure in terms of how much a game developer earns versus how much a publisher earns, and how then how much Apple and Google earn. So there’s a lot of gatekeeping involved.”

What Freo and Gadi saw in Web3 was elegantly simple and profound: the democratization of gaming. Each player had their own wallet and developers didn’t need one million players to succeed. 

“Most players in Web3 are also paying players via NFTs, right,” Freo explains. “Obviously, there’s a lot of experimentation involved in play-to-earn, which has now evolved to play-and-earn. But we’re hopeful and we’re always thinking about newer models that will benefit people in the long run.”

Building OPGames for other games developers

During the 2018/2019 crypto downturn, OP Games received grants from a few different entities. Freo says there is a tendency to spend funds on an entire product suite. “Build the dream”, as he refers to it. But Freo and Gadi took another approach. 

“We realized very quickly that we have to be very modular in terms of what we’re building, so that we can still continuously create something, even though it’s at a much slower pace,” says Freo. “But it would allow us to create multiple things that would be useful right away in that period.”

Freo compares the  OP Games platform’s modularity to Legos: it gives developers all of the pieces they need to design and launch successful Web3 games. Early on in this slow build process, Freo and Gadi developed SDKs and APIs that game developers could use in their own slow builds. 

“We modularize how we want to build,” says Freo. “We want to make sure that each and every single one of these product lines will be as useful now as it will be in the future. And once we succeeded in building these products,  it was much easier to fundraise when the bull market was in full swing.” 

“We’re building the supply of games in Web3 by bringing Web2 game developers into the mix,” he adds. “And we have this tooling, like Legos, that they can use right away. It’s simplified so that it’s easy for their games to integrate or reap the benefits of a Web3 token offer.”

A look inside the OP Games feature set

After pivoting into Web3 gaming, OP Games began developing its first feature—the “Tournaments” function. This feature allowed any Javascript game to use OP Games’s JS SDK, creating a plug-and-play environment  asynchronous play.  

“Game developers could now set up their own tournaments on a daily or monthly basis, or however they wished to do it,” Freo explains. “They could set up parameters in terms of what the pot would look like, what percentage would go back to players and developers, and so on and so forth.”

OP Games next created Arcadia.fun, a Web3 game arcade where game designers could load their games using the SDK.  Currently in Alpha, Arcadia will soon get an official launch with a dedicated website. To date, there are 43 games on Arcadia, including one of OP Games own titles, Arcadeum Arena, a hybrid auto-chess player, avatar-battler. 

The team also built a Leaderboard feature that showcased the top players for any given game. After launching Tournaments, Arcadia, and Leaderboard, the team turned their attention to a player-versus-player (PvP) feature. So, instead of playing against a game’s artificial intelligence, OP Games players could play against each other. 

“Currently we’re working on NFT wagering,” says Freo. “This will allow players to wager their NFTs against each other. And we fulfill that position based on whomever wins a specific game on the Arcadia platform. On the back end there are these little feature sets that we’ve built for developers to use that they can plug into their game so that they can exist in Arcadia.”

To make this all happen, OP Games allows players to log in with their NEAR wallet. This makes it possible for the gaming platform to offer $NEAR as a buy-in and pay-out for winnings. While NEAR’s technical advantages made it the obvious choice for OP Games development, Freo and Gadi envision OP Games as ultimately blockchain agnostic. A multi-chain, Open Web gaming platform that can help onboard the masses into the larger Web3 ecosystem. 

“All of these games can be played on the web or on a mobile-optimized web,” says Freo. “That’s where we’re at at the moment. And we’re still building a few things, specifically in our marketplace, and a much bigger metagame for the platform itself,. We will be launching that game before the end of the year.”

Welcoming Web2 developers into crypto gaming

Rust and Solidity are great programming languages for Web3 development. But Freo notes that the vast majority of developers design games using Unity (C++), Javascript, Swift, and others. 

Which is why NEAR’s forthcoming Javascript SDK will be a game changer in making the NEAR ecosystem platforms like OP Games great creative centers for Web2 and Web3 developers alike. 

“A big chunk of these game developers that we’re working with are actually not crypto-native,” says Freo. “Many designers wanted to move into crypto and take advantage of the promise of Web3, but they don’t know exactly where to start.”

“Traditionally, they’re building on open source Web3 game engines that support Javascript and on Unity as well,” he adds. “I think about 80% of games are being built in Unity. “

NEAR’s Javascript SDK will help attract Web3 game developers. But, going forward, that will be only part of the work toward capitalizing on Web3’s democratizing power. To make development even easier, Freo says it’s vital to optimize game development on NEAR using Rust. 

“Within Human Guild, which I’m also part of, we’re trying to invest in a lot of infrastructure to make sure that we’re able to facilitate game development in Rust,” he says. “And on the infrastructure level, NEAR is working to make sure that there is support for all game developers.” 

The post NEAR & Gaming: A Deep Dive into OP Games appeared first on NEAR Protocol.

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The George & Melodie Rogers Foundation Gifts $1 Million to Big Brothers Big Sisters of Central California

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November 19, 2024

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Building on its legacy of giving and passion for helping others, The George & Melodie Rogers Foundation donated $1 million to Big Brothers Big Sisters of Central California, whose mission is to ignite, empower, and defend children’s potential through one-to-one mentorship.

FRESNO, Calif., Nov. 19, 2024 /PRNewswire-PRWeb/ — Building on its legacy of giving and passion for helping others, The George & Melodie Rogers Foundation donated $1 million to Big Brothers Big Sisters of Central California, whose mission is to ignite, empower, and defend children’s potential through one-to-one mentorship.

The George & Melodie Rogers Foundation’s generous donation will benefit many kids in Central California communities. This type of giving is a testament to the culture of giving and service that PrideStaff embodies and that George Rogers cultivated in our organization.

The George & Melodie Rogers Foundation is a charitable organization established to continue the legacy of George A. Rogers, the founder of PrideStaff, an industry-leading, nationally franchised commercial staffing organization. Big Brothers Big Sisters makes meaningful, professionally supported matches between adult volunteers, called “Bigs,” and children, called “Littles,” ages six through young adulthood. The organization develops positive relationships that have a direct, lasting effect on the lives of youth in local communities.

“My cousin is on the board of directors for Big Brothers Big Sisters of Central California. He talked with my Aunt Melodie about the organization’s needs,” George & Melodie Rogers Foundation CFO Casey Rogers said. “Diane from BBBSCC sent a proposal detailing their need for scholarship money and after-school programs. We were on board because we care deeply about children and investing in their future.”

In addition to a Toyota Sienna already purchased for staff use, the $1 million grant will be divided among the following:

$250,000 for scholarships that serve 20 school districts, encouraging high school students to pursue higher educationA $250,000 mini-grant to continue after-school programs in the school districtsInstalling solar panels at the Fresno location parking structurePurchasing additional vehicles for staff to travel and carry supplies

Bringing after-school programs to other cities in the Central Valley

“The George & Melodie Rogers Foundation’s generous donation will benefit many kids in Central California communities. This type of giving is a testament to the culture of giving and service that PrideStaff embodies and that George Rogers cultivated in our organization,” said PrideStaff Co-CEO Tammi Heaton. “Similar to how PrideStaff works to connect job seekers with meaningful opportunities that support community growth, the Rogers family’s contribution will help pave a successful path for future generations.”

About PrideStaff
PrideStaff was founded in the 1970s as 100% company-owned units and began staffing franchising in 1995. It operates offices in North America to serve thousands of clients and is headquartered in Central California. With 40-plus years in the staffing business, PrideStaff offers the resources and expertise of a national firm, with the spirit, dedication, and personal service of smaller, entrepreneurial firms. PrideStaff is the only nationwide commercial staffing firm in the U.S. and Canada with over $100 million in annual revenue to earn ClearlyRated’s prestigious Best of Staffing® 15-Year Diamond Award, highlighting exceptional client and talent service quality.

For more information on our services, or staffing franchise information, visit our website.

Media Contact

Bri Castro, PrideStaff, 559.432.7780, bcastro@pridestaff.com, https://www.pridestaff.com,

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Smart Windows Market to Grow by USD 3.80 Billion (2024-2028), Driven by Rising Residential Construction, with AI Redefining Market Landscape – Technavio

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global smart windows market size is estimated to grow by USD 3.80 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  12.74%  during the forecast period. Rising construction of residential houses and buildings is driving market growth, with a trend towards growing number of strategic alliances and partnerships. However, technological limitations with smart windows  poses a challenge.Key market players include Ambilight Inc., Asahi India Glass Ltd., ClearVue Technologies Ltd., Compagnie de Saint Gobain, Crystal Pacific Window and Door Systems, Diamond Glass, Gauzy Ltd., Gentex Corp., Halio Inc., Innovative Glass Corp., Nodis, Polytronix Inc., PPG Industries Inc., RavenWindow, Smart Glass India, Smart Window, Smart Windows Colorado, SmartGlass International, Stellaris Corp., and View Inc.

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Smart Windows Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 12.74%

Market growth 2024-2028

USD 3.80 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.04

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 46%

Key countries

US, Canada, China, Japan, and UK

Key companies profiled

Ambilight Inc., Asahi India Glass Ltd., ClearVue Technologies Ltd., Compagnie de Saint Gobain, Crystal Pacific Window and Door Systems, Diamond Glass, Gauzy Ltd., Gentex Corp., Halio Inc., Innovative Glass Corp., Nodis, Polytronix Inc., PPG Industries Inc., RavenWindow, Smart Glass India, Smart Window, Smart Windows Colorado, SmartGlass International, Stellaris Corp., and View Inc

Market Driver

Smart windows, also known as glass products with advanced light and heat control, are trending in the construction sector. These translucent and transparent windows adjust to ambient conditions, saving energy costs on heating, cooling, and lighting. Motorized light screens, blinds, and curtains are popular alternatives to traditional window coverings. Energy-saving heating and lateral lighting are key benefits, reducing air conditioning usage. The automobile sector is embracing smart windows for luxury vehicles, while the industrial-scale production capacity increases. Partnership announcements and extensive marketing endeavors boost recognition and operational efficiency. Advanced materials, such as electrochromic, lower prices and offer privacy control in various sectors like conference rooms, intensive-care areas, and bathrooms. Self-dimming windows and OLED glass are the latest advancements. The transportation sector, including commercial vehicles, trains, and passenger vehicles, also benefits from smart windows. Despite market restraints like lack of awareness and high investment levels, the long-term benefits are significant. Technological advancements, such as electrochromism, vibrant applicability, and self-repairing properties, continue to drive growth. 

The global smart windows market experiences significant competition among vendors, driven by the market’s moderate fragmentation and rapidly advancing technologies. This intense competition has led to an increase in strategic partnerships. The construction industry’s growing demand for glass curtain walls further motivates market participants to form alliances, expanding their market reach and customer base. Notable mergers and acquisitions in the smart windows market include [mention specific M&A deals here]. To maintain a competitive edge, established vendors are expected to strengthen their market presence through strategic collaborations. 

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 Market Challenges

The Smart Windows Market encompasses advanced glass products with light transmission properties that respond to electricity, providing light and heat control. Buildings, particularly business, residential, and commercial, are major consumers, utilizing climate-adaptive shells to reduce energy costs. Motorized light screens, blinds, and curtains are alternatives, but smart windows offer energy-saving heating, lateral lighting, and air conditioning. The automobile sector also benefits from smart windows, with blackout smart glass and low-emissivity coatings blocking UV rays. The construction sector faces challenges like market restraints due to lack of awareness and high investment levels. However, the long-term benefits, including privacy control, operational efficiency, and cost efficiency, outweigh these hurdles. Advanced materials like electrochromic and polymer-dispersed liquid crystals are driving innovation, with vibrant applicability in various sectors. Partnership announcements and industrial-scale production capacity are increasing recognition, while lowering prices make these technologies more accessible. The transportation sector, including automotive and aerospace, is a significant market, with self-dimming windows and OLED glass leading the way. Smart windows adapt to ambient conditions, offering manual controls for energy efficiency. Technological advancements include self-repairing and thinner display panels, making them increasingly cost-effective and desirable. Despite challenges, the future of smart windows is bright, with extensive marketing endeavors and stable performance ensuring their continued usage and recognition.The smart windows market faces challenges related to the reliability and effectiveness of current technology. According to a report by the National Renewable Energy Laboratory (NREL), concerns include durability issues, material constraints, and the need for advanced control systems. The report highlights that the performance and longevity of existing smart window materials are suboptimal, potentially reducing the product’s overall lifespan. This limitation may hinder market growth and hinder widespread adoption. Additionally, the need for improved control systems adds another layer of complexity for smart window manufacturers.

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Segment Overview 

This smart windows market report extensively covers market segmentation by  

Type 1.1 OLED glass1.2 Self-dimming window1.3 Self-repairing windowsApplication 2.1 Transportation2.2 Commercial and industrial2.3 ResidentialGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 OLED glass-  The OLED segment of the smart windows market has experienced notable growth in the last decade. OLED, or organic light emitting diode, is a type of glass that generates light when an electric current is passed through it. Smart windows incorporate OLED glass to manage the quantity of light and heat entering buildings. This technology offers enhanced control over natural light in a room, enabling adjustable transparency and opacity levels. The OLED glass segment’s popularity stems from its allure and energy efficiency, leading to substantial expansion during the forecast period. Additionally, OLED glass’s thin, adaptable, and size-versatile properties make it suitable for various applications in both residential and commercial structures. The trend towards sustainable and eco-friendly construction practices further fuels the demand for OLED glass. Consumers seeking environmentally-friendly options find smart windows appealing due to their energy savings and reduced greenhouse gas emissions. These factors are expected to boost the demand for the OLED glass segment, consequently driving the growth of the smart windows market.

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Research Analysis

Smart windows, also known as intelligent glass or dynamic glass, are advanced glass products that offer exceptional light transmission properties while providing control over heat application. These translucent and transparent glass solutions utilize electricity to adjust their light wavelengths, allowing them to regulate the amount of light and heat that enters buildings. Smart windows are increasingly popular in various sectors, including buildings with exterior walls, climate-adaptive shells, and personal property buildings. They help reduce energy costs by managing heating, cooling, lighting, and air conditioning requirements. Motorized light screens, blinds, and curtains are alternative solutions that can also provide energy savings. Smart windows are not limited to buildings; they also find applications in the automobile sector. These glass products offer benefits such as energy-saving heating, lateral lighting, and protection against UV rays. In the construction sector, they address issues like dynamic glare and light control, making them an essential component of modern, sustainable architecture.

Market Research Overview

Smart windows, also known as intelligent glass or electrochromic glass, are revolutionizing the building and automobile sectors with their unique light transmission properties. These innovative glass products offer the ability to control light and heat application through electricity, making them translucent or transparent based on ambient conditions. This technology is applicable to buildings, both exterior walls and climate-adaptive shells, and offers significant energy savings through energy-saving heating, lateral lighting, and air conditioning. The market for smart windows is vast, spanning business, residential, commercial, personal property buildings, and even the automobile sector. Advanced materials, such as electrochromic and polymer-dispersed liquid crystals, are used to create these windows, with vibrant applicability in various sectors. The use of smart windows offers numerous benefits, including privacy control, operational efficiency, and cost efficiency. However, the initial investment levels can be high, and market restraints include a lack of awareness and long-term benefits recognition. Despite this, extensive marketing endeavors and advancements in technology, such as self-dimming and self-repairing windows, are driving usage and recognition. The transportation sector, including the automobile and aerospace industries, is also adopting smart window technology, with applications ranging from luxury automobiles to commercial vehicles, trains, and passenger vehicles. The construction sector is also investing in industrial-scale production capacity to meet the growing demand for these energy-efficient and advanced materials. Smart windows offer significant control over light wavelengths, including UV rays, and can be used in various applications, such as blackout smart glass, low-emissivity coatings, and motorized light screens. They can also be used in conjunction with other energy-saving technologies, such as energy-efficient lighting and HVAC systems, to further reduce energy costs. The technology behind smart windows is based on the scientific principle of electrochromism, which involves the application of an electrical voltage to change the color of the window from clear to dark or bluish. This decrease in price and advancements in electrochromic materials have made these windows increasingly accessible to a wider audience. In conclusion, smart windows offer numerous benefits, including energy savings, privacy control, operational efficiency, and cost savings, making them a valuable investment for both commercial and residential buildings, as well as the transportation sector. With ongoing advancements in technology and increasing awareness, the market for smart windows is poised for significant growth.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeOLED GlassSelf-dimming WindowSelf-repairing WindowsApplicationTransportationCommercial And IndustrialResidentialGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Technology

Online Gambling Market to Grow by USD 181.47 Billion (2024-2028), Fueled by Digital Tech Adoption, with AI Driving Market Transformation – Technavio

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November 19, 2024

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NEW YORK, Nov. 19, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global online gambling market  size is estimated to grow by USD 181.47 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 11.96%  during the forecast period. Growing adoption of digital technologies is driving market growth, with a trend towards emergence of innovative features such as live betting, VR, and AR experiences. However, growing online data security issues  poses a challenge.Key market players include 1XBet, 888 Holdings Plc, Ballys Corp., Bet365 Group Ltd., Betfred Group, BetOnline, Betsson AB, Camelot UK Lotteries Ltd., Cherry Spelgladje AB, Churchill Downs Inc., Entain Plc, Flutter Entertainment Plc, Fortuna Entertainment Group AS, INTRALOT SA, Kindred Group Plc, MGM Resorts International, Rank Group Plc, Scientific Games LLC, Sportech Plc, Sportpesa, Super Group SGHC Ltd., The Stars Group Inc., Winamax, and Galaxy Entertainment Group Ltd..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Device (Desktop and Mobile), Product (Lottery, Betting, and Casino), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

1XBet, 888 Holdings Plc, Ballys Corp., Bet365 Group Ltd., Betfred Group, BetOnline, Betsson AB, Camelot UK Lotteries Ltd., Cherry Spelgladje AB, Churchill Downs Inc., Entain Plc, Flutter Entertainment Plc, Fortuna Entertainment Group AS, INTRALOT SA, Kindred Group Plc, MGM Resorts International, Rank Group Plc, Scientific Games LLC, Sportech Plc, Sportpesa, Super Group SGHC Ltd., The Stars Group Inc., Winamax, and Galaxy Entertainment Group Ltd.

Key Market Trends Fueling Growth

The online gambling market is experiencing significant growth, with more people turning to convenient platforms for casino gambling, sports betting, and poker. Land-based casinos face increasing competition from digital alternatives, with slots being a popular choice for online gamblers. Companies like Kindred, Betway, and Entain PLC lead the way in product innovations, utilizing artificial intelligence (AI) and virtual reality (VR) for enhanced user experiences. Great Britain’s Gambling Commission regulates the industry, focusing on responsible gambling and addressing concerns related to mental health, such as pathological gambling, chronic stress, and hypertension. Payment options, including Neteller and blockchain, ensure seamless transactions. Major sports events, like the FIFA World Cup and European Championships, attract millions of viewers, driving sponsorships and partnerships with organizations like the Argentine Football Association and OpenSports. Mobile gambling, through smartphones, is a major trend, with Gaming Realms’ Slingo games, like Rainbow Riches and Lobstermania, being popular choices. The market continues to evolve, with telecommunications regulatory authorities monitoring trends and addressing concerns, such as gambling bans and streaming content. Companies like Betsson AB and Groupe Partouche are also investing in digital gambling, targeting internet users in Iowa and other regions. Overall, the online gambling market is a dynamic and innovative industry, driven by consumer demand and technological advancements. 

The online gambling market has experienced significant growth due to innovative features like live betting, Virtual Reality (VR), and Augmented Reality (AR). Live betting, or in-play betting, lets users place wagers on sports events and games in real-time, providing a dynamic and interactive betting experience. VR and AR technologies offer gaming environments, enhancing user engagement. These advancements are transforming the industry, catering to modern online gamblers’ evolving preferences. Live betting has gained popularity, allowing responsive wagering based on the game’s progression. Overall, these features are revolutionizing the online gambling industry, making it more technologically advanced and engaging. 

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Market Challenges

The online gambling market is experiencing significant growth, with land-based casinos facing increasing competition from digital platforms. Casino gambling, slots, poker, and sports betting are popular online activities in Great Britain and beyond. Companies like Kindred, Betway, and Entain PLC lead the way, utilizing artificial intelligence (AI) for personalized user experiences and convenient payment options through platforms like OpenSports, Neteller, and SA20. However, challenges persist, including mental health concerns related to pathological gambling, chronic stress, and hypertension. Regulatory bodies like the Telecommunications Regulatory Authority are implementing sponsorships and payment options restrictions. Product innovations, such as virtual reality (VR) and augmented reality (AR), are transforming the industry, with Bet365, Betsson AB, and Gaming Realms at the forefront. Major sporting events, like the FIFA World Cup and European Championships, drive significant traffic to online casinos and sports betting sites. Films and television programs also contribute to the market’s growth. Mobile gambling, enabled by smartphones, is increasingly popular, with Iowa’s Casino Queen Marquette and other land-based casinos exploring digital opportunities. Internet technology and digital gambling continue to expand, reaching more internet users every day.The global online gambling market faces challenges in terms of security and credibility. Many gambling websites lack dispute resolution system and transparency in cash prize payouts, which undermines the trust of consumers. Additionally, the absence of fair and responsible gaming standards reduces the market’s credibility and discourages potential users from engaging. Furthermore, online gambling platforms are vulnerable to cyber attacks and scams, adding to the concerns of both operators and consumers. These issues hinder the market’s growth and expansion.

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Segment Overview 

This online gambling market report extensively covers market segmentation by

Device 1.1 Desktop1.2 MobileProduct 2.1 Lottery2.2 Betting2.3 CasinoGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Desktop-  The desktop segment holds a substantial share in the global online gambling market, providing a convenient platform for users to enjoy various forms of betting and gaming. Desktop devices, including personal computers and laptops, offer advanced capabilities and expansive interfaces for accessing virtual casinos, sports betting platforms, poker rooms, and other online gambling services. Notable online casinos like 888 Casino and Betway provide feature-rich desktop platforms with a diverse range of games, such as slots, roulette, and blackjack, along with live dealer options. Desktop devices’ enhanced processing capabilities are crucial for high-stakes activities like live sports betting, where real-time data and video feeds are essential for informed decisions. The desktop segment caters to users seeking a comprehensive gambling experience, offering expansive lobbies, advanced graphics, and interactive interfaces. Desktop-specific promotions and loyalty programs incentivize continued engagement from users, providing exclusive bonuses, specialized tournaments, and targeted rewards based on desktop-specific gameplay metrics. These advantages position the desktop segment for growth in the global online gambling market.

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Research Analysis

The online gambling market has experienced significant growth in recent years, with many consumers turning to the convenience and accessibility of playing casino games, slots, and poker from the comfort of their own homes. In countries like Great Britain, the popularity of online gambling continues to rise. The market includes various platforms offering various games, such as OpenSports for sports betting and Betway for casino and poker. Virtual Reality (VR) technology is also making waves in the industry, with companies like Bet365 and Entain PLC experimenting with gaming experiences. Payment options like Neteller have simplified transactions, while sponsorships with organizations like the Argentine Football Association and FIFA World Cup add credibility. Films have also played a role in popularizing online gambling, showcasing the excitement and potential winnings. Regardless, responsible gambling practices are essential to ensure a safe and enjoyable experience for all players.

Market Research Overview

Online gambling has seen significant growth in recent years, with land-based casinos facing increasing competition from the digital world. Casino gambling, including slots, poker, and sports betting, has become more accessible than ever before, thanks to advancements in technology. Great Britain is a major market for online gambling, with companies like Kindred, GAME, and Betway leading the charge. Artificial Intelligence (AI) and user experience are key focus areas, ensuring convenient payment options and personalized experiences for players. Virtual and augmented reality are also transforming the industry, with Bet365 and Flutter Entertainment PLC at the forefront. However, concerns around mental health, pathological gambling, and chronic stress remain, with sponsorships and gambling bans a contentious issue. Blockchain and online payment solutions like Neteller are revolutionizing transactions, while product innovations from Betsson AB, Gaming Realms, and others continue to push the boundaries. The FIFA World Cup, European Championships, and major sports leagues like the Argentine Football Association and SA20 are popular betting events, while films and television programs add to the entertainment value. Mobile gambling, fueled by smartphones, is a growing trend, with Iowa’s Casino Queen Marquette and other land-based casinos exploring digital opportunities. Internet technology and digital gambling continue to attract internet users in their millions, making it an exciting and dynamic industry to watch.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeviceDesktopMobileProductLotteryBettingCasinoGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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