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Online Gambling Revenues Revenues likely to reach $533 billion by 2017

Thursday July 3, 2014 : NEW PREDICTIONS ON WORLD GAMBLING MARKET
 
Revenues likely to reach $533 billion by 2017.
 
The respected consultancy Global Betting and Gaming Consultants has published its latest assessment of the world gambling market, predicting that revenues are likely to grow from $451 billion in 2013 to $533 billion by 2017, with Asia, which delivered 31.9 percent of the market in 2013, increasing its share of the total pie.
 
Growth in Asian countries like the Philippines and Vietnam, underpinned by new casino resort projects, will probably boost the Asian market share to 34.4 percent, the company suggests, noting that economic problems continue to plague Europe, which saw its share of the world market drop by two percentage points between 2011 and 2012, to 27.6 percent.
 
GBGC says that online gambling accounted for 9 percent of the total market last year, and although it has seen strong growth, it will struggle to break through the ten percent level due to strong competition from Asia’s fast-growing casinos.
 
The consultancy forecasts that i-gaming will stall stubbornly at around the 9.4 percent mark of global market share between 2015 and 2017.
 
World Internet gambling reached $40 billion in 2013 and will rise to around $50 billion by 2017. Within that figure, gambling on mobile devices will contribute almost $12 billion, or 24 percent of the interactive market, by 2017.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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