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Morgan Stanley: Global Gambling Market Was $B In

According to Bloombergcasinos are the 12th largest industry on earth. The gambling industry has seen http://softwaresavvysub.info/free-slots-real-rewards-app.php rise global online gambling revenue 2014 fall of Macau, which keeps experiencing huge year-over-year declines in gambling revenue.

The former Portuguese colony is facing scrutiny from the Chinese government over what it perceives as corruption. Late last month, Morgan Stanley revised its estimates for the size of the U. Messages that harass, abuse or threaten other members; have obscene or otherwise objectionable content; have spam, commercial or advertising content or links may be removed and may result in the loss of your Card Player Account.

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Global online gambling revenue 2014

The latest publication by Hamburg -based business intelligence company yStats. Among the findings of the report are that mobile devices are increasingly being used to access gambling sites and that the growth of online gambling has led to consolidation in the companies offering gambling. The global market for online gambling is forecasted to maintain one-digit growth rates over the next four years, expected to reach a medium-high, double-digit number in billion Euros revenue. One trend in online gambling is the use of mobile devices.

Some gambling sites report increasing shares of global online gambling revenue 2014 total revenues stemming from mobile and gambling global online gambling revenue 2014 words, which are increasingly originating from phones and tablets. Another important factor is a wave of acquisition deals which has taken place in the past two years; for example, Canada -based Amaya Gaming Group acquiring the parent company of PokerStars and Full Tilt Poker.

Party registered a decline in total revenues. Europe was the largest online gambling market in the world, owing to a large number of countries with established regulations regarding this sector. This number is set to increase, as countries like the Netherlands adopt new online gambling regulations, seeking additional tax revenues. Across the UK, France and Spainbetting, in particular sports betting, was the largest segment of the online gambling market inwhile in Italy it was outperformed by casino games.

In Germanythe co-existence of separate gambling regimes in the state of Schleswig-Holstein and the rest of the country was upheld by the ECJ in In Russiaonline gambling remained illegal, but a separate regime is being formed for online betting european casino sites a self-regulatory organization and the nature of online poker was debated. In the Asia-Pacific region, some governments have gone to lengths to limit online gambling.

In Singaporeall forms of remote gambling were forbidden under new regulations inand in China and South Koreaa number of organizers of illegal online gambling websites were arrested. In Australiawhere the regime is more liberal, foreign companies are particularly attracted by the interactive betting sector.

In the USAof the three states allowing online gambling, New Jersey generated by far the largest revenues in More states are expected to adopt rules concerning online gambling as revenues continue to grow, though at a somewhat more moderate level than was forecasted a year ago. In Latin Americain both Brazil and Mexiconew bills were put forward in the legislature to regulate online gambling, but the legislation has not yet been approved.

Meanwhile, on the African continent, the government of South Africaregional leader in land-based gambling revenues, announced in early that it had no plans to legalize online gambling despite calls to do so. Key Findings The global market for online gambling is forecasted to maintain one-digit growth rates over global online gambling revenue 2014 next four years, expected to reach a medium-high, double-digit number in billion Euros revenue.

Global online gambling revenue 2014 Answered in This Report - What american casino discount book the size of the global online gambling and betting market? Source the full report: About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from global online gambling revenue 2014 publishers http: Sarah Smith Research Advisor at Reportbuyer.

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Online Gambling and Betting Market - New Research Report, 2014 - 2020

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This statistic shows the global online gambling market size from to In , the global online gaming market had a volume of billion U.S. dollars.
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