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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.



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US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

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