Legal Online Entertainment Hubs Market to Be Worth US$96.89 Billion by 2024
According to a research report released by Transparency Market Research, the overall competitive landscape of the global online entertainment hubs market is expected to become consolidated after experiencing an increase in mergers and acquisitions.
The report forecasts that the global online entertainment hubs market will reach $96.89 billion by 2024, and estimates a compound annual growth rate of 10.8% from 2016 to 2024.
The report pointed out that the nature of the online entertainment hubs market makes the space for service differentiation limited, which currently restricts the entry of new operators; and new entrants are also strictly controlled by the policies and regulations of online entertainment hubs in some regions, leaving little room for growth for the latters.
According to the report, William Hill, Playtech PLC and Paddy Power Betfair PLC are the dominant players in the online entertainment hubs market. Well-developed gaming companies such as Amaya and Ladbrokes Coral Group PLC are expected to carve a larger share in the market in the next few years.