Casino Online Market Will Reach $66.5 Millions
Today’s casino online market growth rates suggest that in several years the market will worth more than 66.5 million dollars.
Team of analysts researched the market to find out casino online industry development trends, demand and geographical segmentation. Based on their findings, they made forecasts up to 2020. Experts used 2014 US market data as a basis to calculate their estimates. In 2014 US market was worth 35.97 million dollars. If current annual growth rate of almost 11% doesn’t change, in 2020 casino games industry will be worth 66.59 millions.
Analysts think that demand for casino games increased significantly due to widespread use of smartphones. Downloadable mobile casino online, poker and betting applications helped the market to grow.
But this market doesn’t grow evenly. Some regions experience incredible growth rates, but there are regions with almost no growth at all. Typically there are poker, casino (roulette, blackjack, slots, etc.), lottery games and sports betting at casino online. Sports betting and casino games are the highest earning divisions. Online casino games are legalized in eighty countries to date with Europe being the obvious leader. Moreover, there’ll probably be new market available – Netherlands. This country plans to make some changes to laws regulating casino online.
Asia-Pacific region, in contrast, doesn’t show any considerable growth changes. This market simply has no opportunity to grow because of numerous restrictions. Government in countries such as Singapore banned all types of casino online games so the market actually doesn’t exist. The situation in China or South Korea is similar. Africa too has no plans to legalize casino online games.
In USA there are just three states which allow playing casino games online. But other states are expected to follow their footsteps because local authorities consider taxes from licensed casino online operators as a good source of income.https://www.firstcomicsnews.com/casino-online-market-will-reach-66-5-millions/https://www.firstcomicsnews.com/wp-content/uploads/2016/12/Online-Casinos-for-Real-Money.jpghttps://www.firstcomicsnews.com/wp-content/uploads/2016/12/Online-Casinos-for-Real-Money-150x90.jpgNews