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Online Casino Conference Points to Growth
In Nice the European Gaming Conference proved to be quite informative for those
closely involved in the online casino industry. Some of the more interesting
topics that the panel of experts in the field spoke about were the current
amount of players at online casinos on the continental level, and also as those
percentages are slated to change as the online casino market is predicted to
grow in the not so far off future.
Currently the North American region is pulling in a hefty forty-eight percent of
the total activity n online casinos. But as the market grows that percentage
will lessen to 36% due to the larger amounts of people playing at online casinos
in general and not due to actual drops in the US' participation figures. Europe
clocks in at twenty-eight percent and will rise to thirty-three percent in
a more active online casino market in 2010. But growth is pegged to be in the
Asian and Middle Eastern areas with an eight percent jump in individuals
frequenting online casinos. the lowest numbers will remaine in the Central and
South America regions.
A partner of the Global Betting and Gaming Consultants firm, Simon Holliday,
shared some interesting insights into the projected revenues for the world of
online casinos in the coming years. Currently, online casinos are cited as being
worth $7.2 billion in the year 2003, but by 2005 it climbs to $9.4 billion, and
in 2006 an even bigger jump to $15.2 billion then soar to $25.1 billion in 2010.
Also, the predictions have the business of online casinos being much more widely
accepted, and all of the major gambling establishments most likely running their
own online casinos by the year 2020, which in the long run will only promote
growth and opportunity for the online casino industry industry as a whole.
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