Tuesday October 23,2012 : INTERESTING STATS ON EUROPEAN GAMBLING
Annual growth of 15 percent predicted
The release of the European Commission's action plan for regulating the online gambling market Tuesday carried with it some interesting statistics on European internet gambling.
The Commission found that the online gambling industry has an annual growth rate of about 15 percent, with a Euro 13 billion turnover predicted for 2015.
There are an estimated 15,000 unregulated gambling websites available in the EU despite recent moves by various EU member nations to implement individual national regulatory schemes.
In 2011, the annual revenues generated by online gambling were estimated to be about Euro 9.3 billion, or around 10 percent of the overall gambling market.