The prospects for the development of the online casino industry are more and more clear. The global online gambling market is set to expand with a compound annual growth rate of nearly 11%.
The law “On state regulation of activities related to the organization and conduct of gambling” (since January 1, 2007) states that the organization of online casinos is prohibited. Playing in online casinos is not limited and is not illegal. Meanwhile, the global scale of the development of this industry is striking in its comprehensiveness. The high level of the digital environment dictates its own rules.
The global online gambling market currently generates about $ 37 billion in revenue per year, and about 85 countries around the world have decided to legalize online gambling, according to the American Gaming Association.
According to the European Commission, online gambling revenue is about $ 15 billion a year and is growing faster than the rest of the world, says CardPlayer, a global online poker site. The continent’s online gambling industry grows 15%
Annually, Top European game innovators continue to raise the bar for online slots and other home and mobile gambling. William Hill VEGAS, a significant figure in the online casino industry, is the starting point growth of the Internet gambling market. The company provides a powerful cocktail of quality games and emotions that players experience during online sessions.
The online gambling industry is growing so rapidly that it is quite difficult to record global statistics – changes are happening literally every day. Last week, mGamingWatch noted that the 2016 Spring Championship Online Poker (SCOOP), which runs over 17 days at PokerStars, has set a new world record for the highest amount of cash rewards in online poker history.
The total prize pool of $ 90,984,283.44 over 168 tournaments broke the previous record of $ 81,222,158.66 set during SCOOP 2014 and surpassed it by almost $ 10 million. These statistics perfectly demonstrate the global reach of the online casino industry and the growing interest from consumers. similar services.
The most substantial online gambling market is in the UK. There are over 18 million online casino player accounts from the UK, all of whom wish to take part in a global tournament. This month, Vegas Mobile Casino, the leading mobile casino in the United Kingdom of Great Britain, announced the launch of new match slot games. These include: “The 100,000 Pyramid”, “Dungeons & Dragons: Crystal Caverns”, “Lil ‘Lady”, “Shamrockers: Eire to Rock” and “Western Belles”. In the near future, a large number of online games are expected to be launched, and manufacturers consider today’s realities the most successful for this area.
According to the UK Gambling Commission,From 2005 to 2009, the number of online slot games increased by 328%, while table games and poker increased their volume in the niche from 52% and 26% respectively.
The most favorable position in the online poker industry is in the UK, as there are no restrictions on players like in other European countries. UK players are free to “fight” in international tournaments, as long as the activities taking place on the online platform are not prohibited by the UK Government.
It should be noted that online casinos are not the only industry that is currently experiencing a boom. Cyber sports, spreading everywhere, is already practically on a par with football and other popular sports. The digital era opens up a lot of roads for major market players to make a profit.