Japan’s sports betting market could more than treble its revenues, if regulation allowed it to expand beyond the current range of sports.
A summary of the situation in global gambling, based on the data included in the new edition of the Global Gambling Report.
The overall gambling sector had a difficult year in 2020, with global revenues falling by US$ 100 billion. But, in common with other e-commerce businesses, global i-gaming managed to post an increase in revenues.
Global gambling took a US$ 100 billion hit to its revenues in 2020, as a result of governments’ measures to tackle the COVID-19 pandemic.
US state and federal authorities have been looking for ways to get more COVID-19 vaccinations done. A recent Harris Poll showed that over two thirds of Americans like the idea of using incentives to get vaccinated.
It is notable how resilient the number of betting shops in the UK has been since 2004, in spite of rising costs, and the ever-increasing burden of regulation. But now the decline is quite sharp and is likely to continue when the furlough scheme ends, and life resumes to some normality.
There are now several hundred e-gaming sites which accept various cryptocurrencies as a deposit method. Two questions. 1. Why the sudden uptake, and 2. Will it last?