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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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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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