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According to information released by Global Betting and Gaming Consultant online gaming in Europe are growing up.
Gross gaming income level has amounted $15.87 billion for 2015 and in fact from 2005 to 2015 the industry has seen growth of 328 percent. Over the past five years from 2010 to 2015, the industry has grown very much, its growth rate is 198 percent. With such growth rates, 2020 would bring a profit from gambling of $21.880 billion.
Sports betting remains the most popular form of online gambling. The contribution to the iGaming revenues from this sector increased from 45.6 percent in 2005 to 48.5 percent in 2015.
Online bingo has remained stable, having showed the 8% growth in 2005 and 9% growth in 2015.
However, online poker is losing its ground. This year, it has made just 13.4% of the total online gaming.
All the online figures are given from the European iGaming market which is estimated as $87 billion US dollars.
European growth has initiated a strong global growing of iGaming which has an increase with total rate of 11 percent for total gross gaming yield around $37 billion a year. At the moment, 85 countries have legalized gambling in the Internet.
The forecasts from the companies of reputable agencies such as Moody`s state think that steady growth will be continuing for at least the next few years. Analysts note that expanding markets offer the stability of the operators who work at a higher cost markets. Currently, 85 states have legalized gambling in the Internet.