Progress in online betting regulation in Germany is
expected in 2014, as several operators have applied for the first online
sports betting licenses.
DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online)
has announced the addition of the “Global
Online Gambling & Betting Market 2014″ report to their
For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online
In the largest Latin American market, Brazil, gambling and betting is
forbidden except for horse racing. In the USA, online gambling is legal only in three states
and in many Asian countries gambling and betting is allowed only in
– 888 Holdings
Europe has been a leader in adopting regulation regarding online
gambling, but as the activity spreads, new measures are being enacted.
– Betfair Group
– The author’s international employees research and filter all sources
and translate relevant information into English. In North America and major Asian
countries online real-money games are yet awaiting progress in
regulation. As a result companies get a precise and unbiased impression of the
Regional variations in legislation and acceptance of online gambling and
In North America, online gambling was legalized in three US states by
early 2014, with online gambling revenues surging to millions in the
first months of legal operation.
About Research and Markets
The major trends in online gambling and betting globally are mobile and
social gambling. Total online gambling revenue in Italy
recently reached a high number in hundreds of millions of Euros, with
poker constituting the largest segment.
Research and Markets is the world’s leading source for international
market research reports and market data. In
Australia, which leads the world in terms of per person gambling, online
sports betting and gambling has been growing by over 30% annually, while
the growth of the total gambling market does not exceed 5%.
Trends in online gambling and betting.
Italy has one of the most advanced regulatory arrangements regarding
online gambling in Europe. Among the findings of the reports
researchers is that the online gambling and betting segment is
increasing, enhanced by the spread of smartphones and tablet computers. For example, a quarter of poker
players chose to bet on unregulated networks.
The leading online gambling and betting companies worldwide include
PokerStars, Bwin.Party, William Hill Online, each of which annually
generate online revenues of over EUR 0.5 billion.
Online gambling is only starting to emerge in Africa. This ensures that the
content of the original studies is correctly interpreted.
– The authors provide secondary market research: By using various
sources of information they ensure maximum objectivity for all obtained
South Africa, online gambling awaits legalization in 2014.
– The analyses, statistical reports and forecasts are only based on
reliable sources including national and international statistical
offices, industry and trade associations, business reports, business and
company databases, journals, company registries and news portals.
Global Online Gambling and Betting Market 2014 depicts the latest trends
and developments in the field. The
majority of Western European countries have some laws in place to
channel online gambling and betting. However, offshore gambling websites
are popular among Brazilian gamblers, who spend several hundreds of EUR
million annually on offshore sports betting sites.
In France, online gambling and betting has been legal since 2010, but
many gamblers turn to illegal sites. The global online gambling market has a current value
estimated at a medium double digit number in billions of Euros, with
growth expected between +7 and 10% annually in the next few years.
Online gambling and betting is spreading in the Asia-Pacific region. Mobile gambling is expected to grow at double-digit
rates and to reach over 40% of the total online gambling market by 2018,
as the number of mobile gambling users increases by a hundred million.
The authors observe: while land-based lottery and casinos still dominate
the gambling scene, online real-money gambling and betting are growing
– These market reports inform top managers about recent market trends
and assist with strategic company decisions
– Paddy Power
The regulatory landscape on online gambling and betting is varied.
– William Hill Online
The spread of online betting and gambling is forcing governments to act
to regulate. The first
regulated online gambling website in Kenya was launched in 2013. We provide you with the latest
data on international and regional markets, key industries, the top
companies, new products and the latest trends.
Regulation of online gambling and betting in Germany and Russia lag some
of their neighbours
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