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Global online gambling revenue 2014 Morgan Stanley: Global Gambling Market Was $B In

Statistics and Studies from more than 18, Sources. The statistic shows the size of the global online gambling market from towith forecasted figures from to Inthe online gaming market had a volume of Online gaming industry - additional information Online gaming, or gambling, is the wagering of something of value, usually money, on the outcome of an event or game using the internet.

Online gaming includes such activities as poker, casinos where people can play traditional casino games, like roulette or blackjack, but onlinesports betting, bingo and lotteries. Of these, casino games and sports betting make up the largest share of the market. The market volume of online gaming global online gambling revenue 2014 forecasted to reach Inthe U. Despite global online gambling revenue 2014 rapid growth of online gamingland-based gambling still dwarfs the internet activity.

Land-based click at this page is split into roughly the same categories as online gaming. Perhaps the most commonly associated activity with gambling is visiting casinos. In a spring survey by Nielsen Scarborough, almost 83 million Americans admitted to having visited a casino in the past 12 months.

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Global online gambling revenue 2014

Online gambling is spreading worldwide, motivating governments to regulate Hamburg -based secondary research organization yStats. Among the findings of the yStats. The regulatory landscape on online gambling and betting is varied.

The majority of Western European countries have some laws in place to channel online gambling and betting. In North America and major Asian countries online real-money games are yet awaiting progress in regulation. In the USAonline gambling is legal only in three states and in many Global online gambling revenue 2014 countries gambling and betting is allowed only in casino resorts.

The spread of online betting and gambling is forcing governments to act to regulate. Trends in online gambling and betting. The major trends in online gambling and betting globally are mobile and social gambling. Social gambling, evolving from the desire of game developers to monetize gaming on social networks is a trend to watch. The growing acceptance of the digital currency Bitcoin is http://linkalot.info/bingo-senza-deposito-iniziale.php trend in online gambling.

The leading online global online gambling revenue 2014 and betting companies worldwide include PokerStars, Bwin. Most of these global online gambling revenue 2014 operate under the license of Gibraltarand two are registered on the Isle of Man.

Regional variations in legislation and acceptance of online gambling and betting In North Global online gambling revenue 2014online gambling was legalized in three US states by earlywith online gambling revenues surging to millions in the first months of legal operation.

New JerseyDelaware and Nevada have allowed online gambling on their territories, with more states expected to follow, while no progress in regulation was made on the federal level.

In New Jerseythe largest of the three, online casinos were legalized in November and generated almost USD 1 million in revenue during the first week of operations.

Inthe number is approaching USD 10 million per month, with almost several hundreds of thousands gambling accounts being registered. In the largest Latin American market, Brazilgambling and betting is forbidden except for horse racing. However, offshore gambling websites are popular among Brazilian gamblers, who spend several hundreds of EUR million annually on offshore sports betting sites.

This offshore betting activity will likely increase in with the Http://linkalot.info/uk-online-casino-list.php Cup taking place in the country. In Mexico and Argentina online gambling is allowed only under special license, though in Mexico offshore websites are more popular than the regulated domestic sites. As online trusted casino games gambling becomes legalized in several USA states, it is expected that Mexican casinos will partner with them to boost the market.

Argentina has the largest number of registered online gambling and betting websites in Latin America. Europe has been a leader in adopting regulation regarding online gambling, but as the activity spreads, new measures are being enacted.

The turnover of remote betting in the UK reached a medium double-digit figure in billions of Euros inas a significant single digit percent of males and a small percent of females in the UK gamble online. Laptop and desktop computers are still the leading devices used for online gambling, but the use of smartphones and tablets is increasing.

In Franceonline gambling and betting has been legal sincebut many gamblers turn to illegal sites. For example, a quarter of poker players chose to bet on unregulated networks.

Apparently, because of the high taxes paid by the French regulated sites they have global online gambling revenue 2014 budgets available to promote their services. Italy has one of the most advanced regulatory arrangements regarding online high slot wins in Europe. Total online gambling revenue in Italy recently reached a high number in hundreds paypal direct deposit millions of Euros, with poker constituting the largest segment.

Regulation of online gambling and betting in Germany and Russia lag some of global online gambling revenue 2014 neighbors. Progress in online betting regulation in Germany is expected inas global online gambling revenue 2014 operators have applied for the first online sports betting licenses. Once the licenses are obtained, the regulated segment is forecasted to generate several hundreds of millions EUR bywhile the non-regulated market in Germany legitimate us online casino still be larger with a one-digit click at this page in EUR billion in revenue.

Meanwhile, legislation is currently being prepared to legalize online betting in Russia. Betting and gambling remains restricted to special administrated zones in Russiawith online gambling being illegal.

Online gambling and betting is spreading in the Asia-Pacific region. Singapore restricts gambling generally, and the government is considering measures to also restrict online gambling, even though a third of Internet users in Singapore had gambled remotely at least once.

In Japanonly the national lottery operator has a legal online betting site. A bill to legalize casinos was submitted to the Japanese parliament inwith a decision expected early this year.

Online global online gambling revenue 2014 and betting is prohibited in Chinawith those accused of operating such sites on mainland China being prosecuted. However, gambling is allowed on the specially administrated territory of Macauwith some online gambling operators hoping online gambling would be legal there as well.

Online gambling is only starting to emerge in Africa. The first regulated online gambling website in Kenya was launched in In South Africaonline gambling awaits legalization in About our Reports - Market reports by yStats. By using various this web page of information we ensure maximum objectivity for all obtained data.

As a result companies get a precise and unbiased impression of the market situation. This ensures that the content global online gambling revenue 2014 the original studies is correctly interpreted. All data can therefore be used directly for board presentations or be individually adapted. Simply send us a request. To order this report: Join Click at this page Newswire for Journalists to access all of the free services designated to make your job easier.

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Global Online Gambling News: APCW Perspectives for 29 April, 2016

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