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Online Gambling Still Growing
Monday September 21,2015 : DIGITAL CHANNELS GAINING GROUND IN GAMBLING
Projections all point to continued growth.
Online gambling in general, and mobile gambling in particular, continues to exhibit impressive growth both in Europe and globally, according to a report on the Economic Voice blog this week.
Online channels contributed $33.8 billion to the overall global gambling industry in 2012, representing just eight percent of world gambling net revenue estimated at $417 billion, and the publication points out that growth in online activity (including mobile) has surged since then.
More recent figures from the European Commission suggest that the gambling market in the European Union is currently around Euro 84.9 billion with growth near 3 percent annually, and approximately 6.8 million online gambling punters active. Annual online revenues in 2015 are expected to top Euro 13 billion, a steady growth from 2012's Euro 10 billion, which at that time constituted 12 percent of the total European market.
The United Kingdom is widely regarded as one of the most active and developed environments in regulated gambling with an estimated growth rate of 12 percent. 2014 projections by Mintel and Deloittes analysts indicated that the UK market could reach total consumer expenditure of nearly GBP 4.4 billion by 2018, led by the popular sports betting vertical.
In this growing business, tablets and smartphones are increasingly gaining traction as betting and financial transaction technology improves, giving on-the-move punters more convenience, information, variety and immediacy than retail outlets.
The 2014 Global Online Gambling & Betting Market study predicted that mobile gambling will grow at double-digit rates and reach over 40 percent of the total online gambling market by 2018, and major company results tend to confirm that mobile channel contributions to revenues are on the rise.
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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