Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

We provide you with the latest

data on international and regional markets, key industries, the top

companies, new products and the latest trends.

- Bwin.Party

- The author’s international employees research and filter all sources

and translate relevant information into English. Progress in online betting regulation in Germany is

expected in 2014, as several operators have applied for the first online

sports betting licenses.

The leading online gambling and betting companies worldwide include

PokerStars, Bwin.Party, William Hill Online, each of which annually

generate online revenues of over EUR 0.5 billion.

- Paddy Power

In France, online gambling and betting has been legal since 2010, but

many gamblers turn to illegal sites. However, offshore gambling websites

are popular among Brazilian gamblers, who spend several hundreds of EUR

million annually on offshore sports betting sites.

- Ladbrokes

- William Hill Online

Regulation of online gambling and betting in Germany and Russia lag some

of their neighbours. Among the findings of the reports

researchers is that the online gambling and betting segment is

increasing, enhanced by the spread of smartphones and tablet computers.

Product Information:

In the largest Latin American market, Brazil, gambling and betting is

forbidden except for horse racing. The first

regulated online gambling website in Kenya was launched in 2013. As a result companies get a precise and unbiased impression of the

market situation.

Italy has one of the most advanced regulatory arrangements regarding

online gambling in Europe. In

Australia, which leads the world in terms of per person gambling, online

sports betting and gambling has been growing by over 30% annually, while

the growth of the total gambling market does not exceed 5%.

The regulatory landscape on online gambling and betting is varied. This ensures that the

content of the original studies is correctly interpreted.

For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online

Europe has been a leader in adopting regulation regarding online

gambling, but as the activity spreads, new measures are being enacted.

In North America, online gambling was legalized in three US states by

early 2014, with online gambling revenues surging to millions in the

first months of legal operation.

Global Online Gambling and Betting Market 2014 depicts the latest trends

and developments in the field. Mobile gambling is expected to grow at double-digit

rates and to reach over 40% of the total online gambling market by 2018,

as the number of mobile gambling users increases by a hundred million.

Regional variations in legislation and acceptance of online gambling and

betting

- 888 Holdings

The spread of online betting and gambling is forcing governments to act

to regulate. The global online gambling market has a current value

estimated at a medium double digit number in billions of Euros, with

growth expected between +7 and 10% annually in the next few years.

Online gambling is only starting to emerge in Africa. Total online gambling revenue in Italy

recently reached a high number in hundreds of millions of Euros, with

poker constituting the largest segment.

Online gambling and betting is spreading in the Asia-Pacific region. In the USA, online gambling is legal only in three states

and in many Asian countries gambling and betting is allowed only in

casino resorts.

The major trends in online gambling and betting globally are mobile and

social gambling.

The authors observe: while land-based lottery and casinos still dominate

the gambling scene, online real-money gambling and betting are growing

rapidly.

- The analyses, statistical reports and forecasts are only based on

reliable sources including national and international statistical

offices, industry and trade associations, business reports, business and

company databases, journals, company registries and news portals.

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online)

has announced the addition of the “Global

Online Gambling & Betting Market 2014″ report to their

offering.

- PokerStars

Companies Mentioned

Trends in online gambling and betting.

. The

majority of Western European countries have some laws in place to

channel online gambling and betting. In North America and major Asian

countries online real-money games are yet awaiting progress in

regulation. In

South Africa, online gambling awaits legalization in 2014.

About Research and Markets

Research and Markets is the world’s leading source for international

market research reports and market data. For example, a quarter of poker

players chose to bet on unregulated networks.

- Betfair Group

- These market reports inform top managers about recent market trends

and assist with strategic company decisions

- The authors provide secondary market research: By using various

sources of information they ensure maximum objectivity for all obtained

data

Online Betting Is Booming, Despite Critics

“They thought that people wouldn’t go to theaters anymore, but they did keep going to see movies and now the video has become a whole new revenue source for the entertainment industry because it’s a different product.”

It might a legal gray area in the United States, but online gaming is still legal in many parts of Europe, Australia and the Caribbean. That’s because efforts by lawmakers to fight to outlaw the expanding Internet-based gambling industry have so far come to naught.

Despite the anti-gaming efforts, the use of gambling Web sites continues to rise, says Ed Lopez, an analyst at Cyber Dialogue, an Internet services and research firm based in New York.

The number of Web-based gaming site users in the United States grew to 5.2 million in the first quarter of this year, up from 3.4 million in the third quarter of 1999, according to Cyber Dialogue.

And by backing the outlawing of online gaming, the established casino industry is very shortsighted, Sinclair says. “The United States government is missing the big picture here.”

Online gaming — operated mostly by offshore, unregulated companies — has grown at an explosive rate. Instead, the association is pushing for establishing the online gaming industry as a regulated business.

“Our concern is that gaming regulations in each state will be overruled,” says Shelk.

And if Congress is not able to tie up anti-gaming legislation soon, Sen. “We believe that the efforts of legislators to limit people’s rights to gamble online and short-sighted and inappropriate, and we think there ought to be a way for responsible companies to offer online wagering as a regulated product.”

The association has strongly opposed Internet-based casinos, arguing that those running offshore gaming sites are evading state taxes, licensing requirements and regulations, all of which apply to conventional bricks-and-mortar establishments.

Anti-gaming legislation, citing the dangers of addiction, crime and consumer debt, first made its way before Congress in early 1997. “But these companies will simply open an account for consumers at an offshore bank.”

Starrs is president of Antigua-based Starnet Systems, one of a number of Internet gambling operations that have increasingly come under the scrutiny of U.S. “Other first world countries are considering changing their gaming laws to allow for online gaming so the United States could find itself out-of-sync with other countries as the market continues to grow.”

And for Starrs, whose company supplies around 40 percent of the world’s online gaming operations, even prohibitive U.S. Most online gambling sites accept payment via credit card or let you wire cash electronically.

Explosive Growth, Unchecked by Law. lawmakers who would like to put online gaming out of business.

“This is a global marketplace,” says Sinclair. The measure, H.R. 4419, is designed to stem the flow of funds to Web-based wagering sites by prohibiting the use of credit cards or other financial instruments for Internet gambling transactions. After working its way through the House at a snail’s pace, those those legislative efforts have recently become sidetracked.

Global Gamble

Lack of Jobs, Taxes Cited

Starrs remains concerned that U.S. Indeed, the global online gaming market has the potential to grow to $10 billion by 2002, according to Internet research firms Frost & Sullivan and Datamonitor.

“They think that this bill will stop people with credit using these sites,” says Sebastian Sinclair, an Internet analyst at investment bank Christiansen Capital Advisors in New York. laws won’t mean he’ll be closing up shop.

“Prohibition didn’t lower the consumption of alcohol,” says Albe Angel, head of public policy at the Interactive Gaming Council. “They are doing the same thing as the big entertainment companies like Disney tried to do when the VCR came out,” Sinclair says. Accoring to John Shelk, vice president of the American Gaming Association in Washington, D.C., the mounting legal barriers will make it difficult for casino companies to get into online gaming.

Such restrictions simply mean he’ll concentrate his efforts in the rapidly expanding overseas market for Internet gaming, in particular nations like Europe and Australia, where the regulatory environment is much more friendly.

And in the absence of such laws, say observers, Internet gambling has flourished.

Growth Amid Legislative Inaction

Ed Starrs may be a gambling man, but his latest bet has him worried.

For its part, the Interactive Gaming Council, which represents Internet-based casino companies and companies like Starrs’, likens the prohibition of Internet gaming to the prohibition of alcohol. laws to do away with gambling on the Net could harm his company, which licenses customized Internet gaming software to 60 Web-based gaming operations that derive about $2 billion from wagers placed in the United States.

Another anti-gaming bill’s prospects are also in doubt, say experts. Richard Bryan, R-Nev., recently speculated, some big Nevada casino companies might be tempted to launch their own Web-based gaming operations.

While U.S. There are now over 250 online casinos, 64 lotteries, 20 bingo games and 139 sports books in operation on the Internet, according to the National Gambling Impact Study Commission.

The trade group that represents the commercial casino entertainment industry disagrees with that assessment. 3125), a bill that prohibits gambling businesses from taking bets or wagers over the Internet, in order to toughen its language and alter its exceptions.

But he appears to have little to fret over, at least for now. legislators consider the legality of online gaming, experts say that the business is flourishing overseas.

“The gaming market is changing and the biggest area of growth is in places like Europe and Asia,” says Starrs. “This sort of business, when it comes in the form of bricks and mortar, brings in economic development in the form of jobs and taxes — Internet gaming does none of those things.”

Bills Sidetracked in Congress

But so far, legislators have remained unable to push through Congress any substantial measures to curb Web wagering.

In late June, Christian activists and conservatives pressured House Republican leaders into withdrawing the Internet Gambling Prohibition Act (H.R

Online Gambling’s Good for U.S.

The online gambling industry is merely another form of commerce where prohibition is the wrong option.

This form of gambling also encourages private sector businesses to develop network capacity and commerce. Many federal and state-level politicians want to legalize online gambling, which Congress made illegal in 2006.

. Stopping American online gambling is truly mission impossible, with a vast number of insurmountable challenges facing governments that endeavor to criminalize online gambling.

Two additional factors contribute to the inevitable failure of prohibition. Along with the inefficient use of resources caused by prohibition, there’s the danger of unintentionally increasing the criminal element.

The current prohibitionist law is really a protectionist measure designed to support specific domestic operators, such as the websites run by the horse betting industry. In addition, the technological and human capital required to locate offenders is substantial, as are the costs of prosecution and incarceration. Many of these sites were established in small nations with little or no regulatory oversight.

The Internet has revealed the potential of technology not only to dramatically increase existing gambling opportunities but also to introduce new ones. If the domestic marketplace demands online gambling, which it clearly does, it will be supplied with or without government consent. Increased competition results in a more efficient allocation of resources, as gambling providers attempt to maintain and attract new customers.

Gambling is one of the great successes of online commerce. The principal benefit of regulation to online players is the personal and legal security of funds, whereas currently players in unregulated environments have no legal recourse over matters such as suspected cheating and frozen assets.

For example, in 2009 there were 2,381 sites run by 493 companies licensed in 50 jurisdictions worldwide. With legal online gambling, competition among operators would increase to such an extent that they will be forced by the marketplace, rather than by governments, to offer a reduced house advantage.

Second, consumer demand for online gambling and the government’s demand for tax revenues will create enormous pressure for legalization in any jurisdiction, such as the U.S., that currently operates a domestic ban.

Online gambling can be regulated effectively and without excessive cost, to standards that will provide strong protections for consumers and vulnerable players. First, online technology renders prohibition futile. Not only will this increased competition result in a wider range of gambling activities, it will reduce cost to consumers. Including unlicensed sites, the total rose to 6,000. Ironically the anti-Bodog crackdown comes as the push for sensible regulation of the online gambling industry is gathering serious political momentum.

Prohibitionists appear to ignore the fact that most gambling sites, like any reputable business, rely on customer loyalty to remain profitable. As an international network, the Internet provides an instant detour around domestic prohibition.

Another major benefit of allowing online gambling is that competition will be introduced into a highly regulated marketplace dominated by licensed providers who monopolize the gaming market. As such, the Internet offers potential consumers convenient and inexpensive access to their favorite gambling sites, introducing competition into an industry once dominated by highly restrictive licensing practices.

Banning online gambling in the domestic American market simply results in the establishment of Internet gaming sites overseas. The necessity of maintaining a strong customer base would motivate legal American service providers to offer legitimate, reputable gambling sites.

Patrick Basham is a Cato Institute adjunct scholar. As other jurisdictions identify the demand for online gambling, they have supplied this service to consumers.

In 2008, the global online gambling market was valued at $20 billion annually, with 50 percent of that demand coming from the U.S.. He coauthored (with John Luik) the Democracy Institute book, Gambling: A Healthy Bet.

A great degree of surveillance is required to detect online illegality, and there are significant difficulties in locating, investigating, and prosecuting online offenders. This is especially true given service providers’ unrestrained access to overseas Internet sites in jurisdictions without online gambling restrictions.

In recent years, it’s become clear to a growing number of policymakers, including Senate Majority Leader Harry Reid, that the ban on online gambling is a failure. Federal prosecutors just dealt consumer freedom a terrible hand, shutting down the gambling website Bodog.com and indicting four company executives, including founder Calvin Ayre, for alleged illegal gambling that actually generated $100 million in customer winnings. The ill-advised indictments handed down against Calvin Ayre and his Bodog colleagues cannot alter that fact

Sports Betting

It is easy to just double up on a couple of bets to try and recoup your losses, but what if you lose those bets, too? You’re only human and you will want to chase those losses, but if you stick to your original budget and plan, it will pay off and it will all make sense at the end of the season. Go ahead and try it. locks and ‘sure things’.

Whether you are at your local track, playing online, or just betting a group of co-workers or friends on a game, there are several factors to keep in mind.

You must have discipline, as this is the foundation you must have in order to properly and successfully manage your money and place wise wagers. Stick to your plan, but write down all the times you wanted to chase your losses through the season. Be stingy! Allow yourself only enough to equal to what you can afford to lose over the entire season. This is probably the hardest thing about being successful at wagering over a period of time. Sure, every once in a while spurge and double your bet if it is on a strong play and not what you want to be a strong play. You can see what your bankroll would have been if you chased. Ah, but now it is easy to lose your focus and forget your previous wins. Profits do speak volumes.

So, go ahead and visit your favorite online sports betting site. Typically you need to spend only 5% of that stash. With so much sports betting being done online these days and sports betting online being so accessible to everyone, money management is a must! Unless you own a bank, and even if you do, you can’t afford to throw your whole bankroll on a game and if you lose, just grab another. Example: You have an excellent winning streak, 8 wins and 1 loss. You need to limit yourself to what you can and will bet. Whoops! Now you lose 3 in a row, but you are still up 4 units. Two things do not exist in the real world…. You are now 7 units up. You lose discipline you lose your money. Just remember to stay in control of your money.

Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

This ensures that the

content of the original studies is correctly interpreted.

- Ladbrokes

Online gambling is only starting to emerge in Africa. The first

regulated online gambling website in Kenya was launched in 2013. The

majority of Western European countries have some laws in place to

channel online gambling and betting. In North America and major Asian

countries online real-money games are yet awaiting progress in

regulation. We provide you with the latest

data on international and regional markets, key industries, the top

companies, new products and the latest trends.

The major trends in online gambling and betting globally are mobile and

social gambling. For example, a quarter of poker

players chose to bet on unregulated networks.

- Betfair Group

- The author’s international employees research and filter all sources

and translate relevant information into English. In

Australia, which leads the world in terms of per person gambling, online

sports betting and gambling has been growing by over 30% annually, while

the growth of the total gambling market does not exceed 5%.

- The analyses, statistical reports and forecasts are only based on

reliable sources including national and international statistical

offices, industry and trade associations, business reports, business and

company databases, journals, company registries and news portals.

Companies Mentioned

About Research and Markets

Regional variations in legislation and acceptance of online gambling and

betting

- PokerStars

- Paddy Power

Trends in online gambling and betting.

. In the USA, online gambling is legal only in three states

and in many Asian countries gambling and betting is allowed only in

casino resorts.

- These market reports inform top managers about recent market trends

and assist with strategic company decisions

- 888 Holdings

Research and Markets is the world’s leading source for international

market research reports and market data. Total online gambling revenue in Italy

recently reached a high number in hundreds of millions of Euros, with

poker constituting the largest segment.

- Bwin.Party

For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online

The spread of online betting and gambling is forcing governments to act

to regulate. Mobile gambling is expected to grow at double-digit

rates and to reach over 40% of the total online gambling market by 2018,

as the number of mobile gambling users increases by a hundred million.

Regulation of online gambling and betting in Germany and Russia lag some

of their neighbours. The global online gambling market has a current value

estimated at a medium double digit number in billions of Euros, with

growth expected between +7 and 10% annually in the next few years.

In the largest Latin American market, Brazil, gambling and betting is

forbidden except for horse racing. – William Hill Online

Product Information:

In France, online gambling and betting has been legal since 2010, but

many gamblers turn to illegal sites. In

South Africa, online gambling awaits legalization in 2014.

Europe has been a leader in adopting regulation regarding online

gambling, but as the activity spreads, new measures are being enacted.

In North America, online gambling was legalized in three US states by

early 2014, with online gambling revenues surging to millions in the

first months of legal operation.

Global Online Gambling and Betting Market 2014 depicts the latest trends

and developments in the field.

The authors observe: while land-based lottery and casinos still dominate

the gambling scene, online real-money gambling and betting are growing

rapidly.

Italy has one of the most advanced regulatory arrangements regarding

online gambling in Europe. However, offshore gambling websites

are popular among Brazilian gamblers, who spend several hundreds of EUR

million annually on offshore sports betting sites.

The leading online gambling and betting companies worldwide include

PokerStars, Bwin.Party, William Hill Online, each of which annually

generate online revenues of over EUR 0.5 billion.

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online)

has announced the addition of the “Global

Online Gambling & Betting Market 2014″ report to their

offering.

- The authors provide secondary market research: By using various

sources of information they ensure maximum objectivity for all obtained

data. As a result companies get a precise and unbiased impression of the

market situation.

The regulatory landscape on online gambling and betting is varied. Progress in online betting regulation in Germany is

expected in 2014, as several operators have applied for the first online

sports betting licenses.

Online gambling and betting is spreading in the Asia-Pacific region. Among the findings of the reports

researchers is that the online gambling and betting segment is

increasing, enhanced by the spread of smartphones and tablet computers

Online Gambling’s Good for U.S.

Many of these sites were established in small nations with little or no regulatory oversight.

Patrick Basham is a Cato Institute adjunct scholar. The ill-advised indictments handed down against Calvin Ayre and his Bodog colleagues cannot alter that fact. If the domestic marketplace demands online gambling, which it clearly does, it will be supplied with or without government consent. The necessity of maintaining a strong customer base would motivate legal American service providers to offer legitimate, reputable gambling sites.

Federal prosecutors just dealt consumer freedom a terrible hand, shutting down the gambling website Bodog.com and indicting four company executives, including founder Calvin Ayre, for alleged illegal gambling that actually generated $100 million in customer winnings. Many federal and state-level politicians want to legalize online gambling, which Congress made illegal in 2006.

Banning online gambling in the domestic American market simply results in the establishment of Internet gaming sites overseas. With legal online gambling, competition among operators would increase to such an extent that they will be forced by the marketplace, rather than by governments, to offer a reduced house advantage.

The current prohibitionist law is really a protectionist measure designed to support specific domestic operators, such as the websites run by the horse betting industry. Increased competition results in a more efficient allocation of resources, as gambling providers attempt to maintain and attract new customers.

This form of gambling also encourages private sector businesses to develop network capacity and commerce. First, online technology renders prohibition futile. As other jurisdictions identify the demand for online gambling, they have supplied this service to consumers.

The Internet has revealed the potential of technology not only to dramatically increase existing gambling opportunities but also to introduce new ones. As an international network, the Internet provides an instant detour around domestic prohibition.

Another major benefit of allowing online gambling is that competition will be introduced into a highly regulated marketplace dominated by licensed providers who monopolize the gaming market. Ironically the anti-Bodog crackdown comes as the push for sensible regulation of the online gambling industry is gathering serious political momentum.. This is especially true given service providers’ unrestrained access to overseas Internet sites in jurisdictions without online gambling restrictions.

For example, in 2009 there were 2,381 sites run by 493 companies licensed in 50 jurisdictions worldwide. As such, the Internet offers potential consumers convenient and inexpensive access to their favorite gambling sites, introducing competition into an industry once dominated by highly restrictive licensing practices.

Two additional factors contribute to the inevitable failure of prohibition.

Second, consumer demand for online gambling and the government’s demand for tax revenues will create enormous pressure for legalization in any jurisdiction, such as the U.S., that currently operates a domestic ban.

Online gambling can be regulated effectively and without excessive cost, to standards that will provide strong protections for consumers and vulnerable players. The online gambling industry is merely another form of commerce where prohibition is the wrong option.

In recent years, it’s become clear to a growing number of policymakers, including Senate Majority Leader Harry Reid, that the ban on online gambling is a failure. In addition, the technological and human capital required to locate offenders is substantial, as are the costs of prosecution and incarceration. Stopping American online gambling is truly mission impossible, with a vast number of insurmountable challenges facing governments that endeavor to criminalize online gambling.

Prohibitionists appear to ignore the fact that most gambling sites, like any reputable business, rely on customer loyalty to remain profitable. Along with the inefficient use of resources caused by prohibition, there’s the danger of unintentionally increasing the criminal element.

Gambling is one of the great successes of online commerce. The principal benefit of regulation to online players is the personal and legal security of funds, whereas currently players in unregulated environments have no legal recourse over matters such as suspected cheating and frozen assets.

In 2008, the global online gambling market was valued at $20 billion annually, with 50 percent of that demand coming from the U.S.. He coauthored (with John Luik) the Democracy Institute book, Gambling: A Healthy Bet.

A great degree of surveillance is required to detect online illegality, and there are significant difficulties in locating, investigating, and prosecuting online offenders. Not only will this increased competition result in a wider range of gambling activities, it will reduce cost to consumers. Including unlicensed sites, the total rose to 6,000