The global online gambling market has been estimated at $32.0 billion. As impressive as that market potential is, it’s only going to get better. Analysts are expecting the market to grow by more than 50 percent and reach $46.1 billion by the start of 2016. The really important piece of information that investors should take away from this is that the growth of online gambling is outpacing the growth of the gambling industry as a whole. Since 2003, the gambling industry has grown at an average rate of 15 percent. While that is a fairly strong growth rate, online gambling has grown at an even more impressive rate of 23 percent over the same time frame.
One of the primary reasons why SeanieMac stands out as a long-term winner is because of the company’s focus on the Irish market. There are a couple reasons why this is a smart move.
First, according to the Irish Examiner, the Irish online gambling market was estimated to be $3.2 billion in 2012. It was just $1.7 billion in 2011. So in just one year, the Irish online gambling market increased by 88 percent. Expectations are that the market could reach $6.5 billion in 2015 and $9.8 billion by 2020. Due to the need for online platforms targeted to the Irish community and focused on Irish sports, SeanieMac is poised for significant growth just because of the expected industry and geographic growth.
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