Technological innovation means that consumers can now enjoy online gaming and betting anyplace, anytime, across Europe.
As a result of this technological shift, Europe’s online gambling market is growing at about 10 percent each year, faster than online gambling, such as casinos or bookmaker stores. The economic size (or gross profit) of the European online sector is anticipated to grow from $19.6 billion in 2017 to $24.7 billion in 2020.
In 2017, the internet business needed a 20.7percent share of the EU gaming market, when compared with land-based gambling which had a 79.3% share. The online share of the market is expected to grow to 24.9percent in 2020.
The growth in online gambling is also being pushed by changing regulatory landscapes in European countries, the majority of which currently have dedicated regulation for online gambling activities.
Europe is a world leader in electronic entertainment
The European market is the largest and most competitive for online gambling. In 2017, Europe had 48.9% share of the global online gaming market and this is forecast to remain relatively stable until at least 2020. [1] With sports betting now legalised in certain US states European companies are now beginning to acquire a foothold in the US market, increasing their influence and deliver their experience to new markets.
Read more here: http://test.malmass.co.id/?p=10257