Thursday, September 26, 2013

Latest Results for the Global Online Gaming Sector



The slot developers at CasinoWebScripts report that the global internet gambling market was up 7.2 percent to 25 billion euro in comparison with the figures of 2011, online gaming accounting for 8 percent of the total gross gaming revenues raked in during last year. Furthermore, analysts are estimating that this industry will account for 11.1 percent of revenues by the beginning of 2018. European gaming and betting markets are currently the main sectors which host online gambling sites. Last year, the gaming industry in Europe represented 12.6 percent of the global market, while the United States only accounted for 4.4 percent.
Gaming insiders are saying that these figures will most probably change in the near term due to the fact that North America is currently preparing to create a federal regulatory framework to allow online poker. Even so, last year’s numbers unveiled that 10 percent of the global gaming market is covered by US residents who gamble at offshore online gambling sites, despite the industry being illegal in the majority of the American states. Recent figures revealed that the United Kingdom produced 46 percent of the worldwide gaming and betting market services and products, followed by Asia at 28 percent and North America at 17 percent.

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