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Australia online gambling sector

A wideranging study of the Australian digital scene, including aspects of the online gambling sector in that country, has been completed by Research and Markets.com, which released an overview of its study this week.
 
"Australia - Digital Media - Online Interactive Services" contains the usual truckload of information on the subject from this seasoned research organisation and includes analyses, statistics, forecasts and trends. It provides a comprehensive insight into the progress of the Online Interactive Services market and examines the key issues and opportunities.
 
According to Research and Markets, in the next few years the global online industry is expected to be worth more than $2 trillion, and:
 
* Global P2P Internet traffic will continue to grow almost 400 percent - up from 1.6 petabytes to almost 8 petabytes per month by 2012.
 
* A record growth year for video game sales in Australia in 2008 saw the industry grow to $1.5 billion.
 
* Tabcorp Internet betting revenues top $1 billion.
 
* In 2008 the number of mobile games units purchased increased by 50 percent.
 
* Cloud computing has become a key area of focus for Internet media companies.
 
* Google's search engine market share is 62 percent in 2009.
 
Focusing on the findings regarding Australian online gambling, the study reports that it is one of the growing digital businesses with more in store for the future. In this respect it emulates a trend set by digital music, which Internet diwnloads increase by more than 30 percent, impacting sales of the more conventional sources such as CD, which continue to decline.
 
In keeping with the global online gambling industry, Australia's market continues to grow, despite regulatory restraints and the economic downturn. Online gambling operations are cheaper to operate than traditional establishments and so are better placed to weather an economic downturn, Research and Markets notes.
 
In addition, the number of Internet users around the world continues to grow, resulting in an ever-expanding customer base. Online games also remain popular and in-game advertisers are taking note, especially as there is evidence that free online games are becoming more popular in the current economic environment.
 
As speed and capacity increase, a whole new range of applications will be entering the market over the next decade. Console games have changed dramatically, with games, music and movies all merging and integrating. Growing penetration of broadband and mobile 3G networks will also promote growth in online gaming and gambling. A record growth year for video game sales in Australia in 2008 saw Australia's video game industry produce $1.5 billion in sales.
 
Report information: http://www.researchandmarkets.com/research/ce0298/australia_digita

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Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

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