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SOLID GROWTH IN THE ONLINE GAMBLING INDUSTRY

Posted 1/4/11 : Latest survey report shows an overall 12.5 percent rise in gross win
 
New numbers from the respected UK online gambling monitor H2 Gambling Capital show that despite adverse global economic conditions, gross win in the internet gambling business rose 12.5 percent year-on-year in 2010.
 
Gross win fell just short of $29.93 million, and the consultancy notes that even if the bonanza that was World Cup Football is deducted, the rise would still have been a creditable 11.5 percent.
 
Predictably, online casino and bingo sites were a major component, with bingo putting in a particularly good performance at $2.67 billion - a rise of 28.4 percent over 2009. Online casinos contributed $6.24 million, up 13.3 percent on gross win.
 
The perceived slow decay of online poker nevertheless generated a rise of 7.1 percent to $5.06 million, H2 reported, noting that the liberalised French and Italian markets had saved the day for the vertical.
 
The sector's biggest business generator at $12.06 billion was without doubt sports betting, up 10.8 percent including the World Cup Football booster.
 
H2 Gambling Capital is the industry standard supplier of data and consultancy information regarding the gambling industry, boasting a professional team with an extensive knowledge of both the interactive and land-based sectors. The company, which started operations in 2000, uses proprietary and dedicated software to monitor the business, and claims 500 international companies on its client list.
 
The number of online gambling websites has declined slightly since 2009, according to the statistical specialist, with fewer than 2 400 operational sites still active. H2 attributes this to not only weak economic conditions, but harder competition for business and industry consolidation in what it describes as a maturing market.
 
Positive regulatory changes in Europe, notably in Belgium, Denmark, Greece and Spain, would help the industry maintain double digit growth going forward, the researcher opines, noting that here could be more participation in the business by large, well-established land gambling corporates.
 
The rising appeal of mobile gambling is also flagged as an important driver of growth, with this trend is likely to continue in the years ahead.



Gambling News :

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Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

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Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

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Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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