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Global Betting and Gaming Consultants numbers
Thursday April 7,2016 : GOOD GROWTH IN EUROPEAN ONLINE GAMBLING MARKET
Global Betting and Gaming Consultants numbers make impressive reading.
The online gambling industry is alive and well and growing steadily in Europe, according to Global Betting and Gaming Consultant numbers released this week, which show that gross gaming yield rose 328 percent between 2005 and 2015, reaching $15.87 billion last year.
The five-year period to 2010 was particularly fruitful, with GGY up a remarkable 198 percent from $3.71 billion to $11.06 billion, the consultants note, although since then the rate of growth has been around 43 percent.
Projected to 2020 at the same rate, that could see a $21.88 billion a year market, GBGC suggests.
Sports betting continues to lead the market, and has increased its contribution to industry GGY from 45.6 percent in 2005 to 48.5 percent in 2015.
Online casino contributed 23.1 percent in 2005, and 29.2 percent ten years on, but online poker underperformed, recording a contribution of 23.2 percent in 2005, falling to just 13.4 percent last year.
Online bingo pretty much plateaued over the decade, contributing 8 percent in 2005 and 9 percent in 2015.
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Gambling News :
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.
NBA Odds: Resurgent Clippers Face Warriors in Oakland -
After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.
PokerStars.CZ has launched in the Czech Republic -
PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.
Sunbets to Sponsor Sutton United -
Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.
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