The Online Gambling Industry is Not Sputtering
Are you thinking of putting up a casino gambling business? This article will try to broaden your mind about the online casino gambling industry.
This article will present the reader a statistical breakdown about the online casino gambling industry. The following data has been compiled by Simon Holliday from Global Betting and Gaming consultants firm.
One of the things Simon Holliday's research found out is the main market of casino gambling websites. The main market of casino gambling online is North America. There is nothing shocking about North America being the main market of casino gambling online. The surprising thing is that North America does not really have an overwhelming margin of difference with other countries.
North America constitutes 48% of the casino gambling online market. By 2010 North American online casino gamblers may even be reduced to 36% in a larger market.
Europe comes in at second with 28% of the casino gambling online market. By 2010 Europe's market size will grow to 33%. But the biggest market potential is the countries at Asia and the Middle East. Currently, Asia's online casino gamblers amount to 17%. By 2010 they believe Asia and Middle East market will grow to 25%.
Central and South America online casino gamblers have only a 2% share of the market pie. This number is likely to stay the same till 2010. The remaining 5% of the market is divided among Oceania and Africa.
The market of online casino gambling is pretty enormous. The online casino gambling industry was worth $7.2 billion in 2003, and around $9.4 billion by 2005. By 2010 the market for online casino gambling could balloon up to $25.1 billion.
Here is a list of online casino gambling games ranked according to their popularity: sports gambling (38%), online poker rooms (22%), online lotteries (5%) and skill casino gambling games and Bingo (2%).
Casino gambling website operators are mostly located at Europe (39%) and North America (25%). You might even get to see a casino gambling site operated at Tajikistan if you try hard to look for it.
If you do decide to operate a casino gambling website in the U.S., be aware of the rules they have against online gambling. This is because you might end up in jail before you are able to operate your website. There are only some states in the U.S. that it is legal to operate a casino gambling website in.
The numbers shown in the research only points to one thing. The online casino gambling industry is a healthy one whose growth can not be stopped.
