Other Entertainment (Betting & Gaming, etc)

The global gambling market is currently worth ~$330bn having grown at a 6% CAGR since 2001; further growth is forecast over the next three years, although at a slower rate (4% CAGR). While Asia Pacific will be the fastest growing region over the next five years, most of the major markets (e.g. China, Japan, Hong Kong) will remain closed at least for the medium term and North America will continue to be the largest gambling market. Online gambling, comprising sports betting and gaming, has been growing at a faster rate than land-based forms (~4x faster), accounting for 8% total gambling yield, and strongest in the most liberalised markets, such as the UK. Over time, the online gambling product mix has shifted away from betting and towards gaming (poker, casino, bingo) although sports betting is likely to grow most rapidly in future due to product innovation (e.g in-play) and will remain a key generator of traffic. The land-based product has also evolved from being primarily reliant on OTC (over the counter) betting revenues to gaming revenues (slot-machines, etc) and, within betting, “traditional” sports (horse-racing and dogs) are losing share to football and other sports Value Partners has extensive experience of the betting and gaming sector with over fifteen years’ experience of providing corporate strategic development, with a particular focus on new products and channels. Recent clients include major global betting operators, supra-national sports organisations and regulators.