Technavio, a market research firm estimates that, during the 2016 – 2020 period, the global online gaming market is expected to reach nearly a 11 percent growth. This growth is expected to take place in Europe, especially in the United Kingdom.
According to the data gathered by the American Gaming Association (AGA), the global online gaming market is currently worth 37 billion dollars per year – even if a total of 85 countries around the world legalized their online gambling market wholly or partly. The market in the USA is a little bit different from the rest of the group, as only a couple of states – Nevada, New Jersey and Delaware – are authorized to grant licenses and are so far just regulated for online casino games.
The lion’s share of the current revenues in gambling comes from Europe. According to the European Commission, online gambling is worth nearly 15 billion dollars a year on the continent, and the market is growing faster than the rest of the world. The online gambling market is growing by 15 percent per year on our continent, which give a positive approach by statisticians.
The healthiest European online gambling market in the United Kingdom. According to recent estimates, more than 18 million online gaming accounts opened by Brits. According to the UK’s Gambling Commission, the growth between 2015 and 2009 was of 328 percent for slots machines, while the table games and poker market grew 52 respectively 26 percent.
The United Kingdom is particularly favorable for the online poker market, because players do not rule out cross-border players, as they do in most European countries. The British poker players can measure their skills together with players from other countries, if the platform has the British government’s permission.
This isn’t the case in France, Spain and Italy, where the law does not allow players from across the borders, to play against local players, so these are much smaller markets. The question about a much simpler EU rule was raised more than once. The need to streamline the EU rules would be particularly be beneficial for online gambling market, which represents its greatest potential in mobile devices.
