InvestorsHub Logo
Followers 33
Posts 2436
Boards Moderated 0
Alias Born 06/21/2013

Re: None

Wednesday, 09/14/2016 9:44:14 PM

Wednesday, September 14, 2016 9:44:14 PM

Post# of 119915
The industry is still growing:

GOOD GROWTH IN EUROPEAN ONLINE GAMBLING MARKET
07th April, 2016 at 10:22:53
Source: http://www.azonlinecasinos.com

Global Betting and Gaming Consultants numbers make impressive reading.

The online gambling industry is alive and well and growing steadily in Europe, according to Global Betting and Gaming Consultant numbers released this week, which show that gross gaming yield rose 328% between 2005 and 2015, reaching $15.87 billion last year.

The five-year period to 2010 was particularly fruitful, with GGY up a remarkable 198% from $3.71 billion to $11.06 billion, the consultants note, although since then the rate of growth has been around 43 percent.

Projected to 2020 at the same rate, that could see a $21.88 billion a year market, GBGC suggests.

Sports betting continues to lead the market, and has increased its contribution to industry GGY from 45.6% in 2005 to 48.5% in 2015.

"know what you own and know why you own it"

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.