Gambling and betting activities
ISIC v4.0 Code: 920
About gambling and betting activities
isic code 920 covers a wide range of gambling and betting activities, including casinos, lotteries, sports betting, and online gambling platforms. This industry plays a significant role in the global economy, generating substantial revenue and employment opportunities. Gambling and betting activities are closely regulated in most countries, with governments often deriving significant tax revenue from this sector.
Production process
The key production techniques in the gambling and betting industry involve the development and operation of gaming platforms, both physical and digital. This includes the design and maintenance of casino facilities, lottery systems, sports betting platforms, and online gambling websites. Sophisticated algorithms and random number generators are used to ensure fairness and randomness in the outcomes of games and bets.
Production inputs
The main inputs required for the gambling and betting industry include gaming equipment such as slot machines, roulette tables, and betting terminals. Additionally, this industry relies on advanced software and information technology infrastructure to power online and mobile gambling platforms. Skilled personnel, including game designers, software engineers, and customer service representatives, are also essential inputs for this sector.
Production outputs
The primary outputs of the gambling and betting industry are the various games, bets, and gambling experiences offered to consumers. These outputs are consumed by 9321 Amusement and recreation activities and 9329 Other amusement and recreation activities, as well as individual consumers seeking entertainment and the possibility of financial gain.
Family tree for gambling and betting activities
graph LR A["<a href='/classifications/isic/v4/R'>R: Arts, entertainment and recreation</a>"] A --> B["<a href='/classifications/isic/v4/R/92'>92: Gambling and betting activities</a>"] B --> C["<a href='/classifications/isic/v4/R/920'>920: Gambling and betting activities</a>"] C --> D["<a href='/classifications/isic/v4/R/9200'>9200: Gambling and betting activities</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level3 class D level4 class C highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class C highlight