Regulated internet gambling markets with local licences are continuing to take an ever increasing share of the world’s e-gaming revenues. Such are the findings of the latest edition of Global Betting and Gaming Consultants’ Interactive Gambling Report.
In 2012 GBGC calculates that 40.4% of the US$ 32.9 billion in global revenues for internet sport betting, casino, poker and bingo came from e-gaming firms operating under a local licence. This was an increase from the 38.0% for global revenues in 2011.
GBGC forecasts that almost 44% of global revenues for online sports betting, casino, poker, and bingo will be earned under a local e-gaming licence by 2017.
There are, of course, great variations in the percentage of locally regulated revenues between regions and online gambling activities.
For example, 50% of global sports betting revenues were earned under a local e-gaming licence in 2012. This compares with just 18% for global internet casino revenues.
Similarly, in Western Europe local licences accounted for 65% of e-gaming revenues in 2012, whereas the figure was just 35% in Eastern Europe in the same year.
GBGC calculates that the global internet gambling market was worth US$ 38.32 billion in 2012 (including state lotteries). By 2017 GBGC makes the forecast that this figure will have risen to US$ 49.64 billion.
GBGC’s Interactive Gambling Report (April 2013) is available for purchase now