The Online Gaming Market Will Be Worth $125 Billion by 2015 |
DUBLIN, Ireland--(BUSINESS WIRE)--Dec. 21, 2005-- Research and Markets (http://www.researchandmarkets.com/reports/c1915) has announced the addition of The Online Gambling Market Research Handbook to their offering.
"The most comprehensive resource for online gambling market data available from any source."
Written by Terri C. Walker, a recognized expert in the gambling industry for ten years, The Online Gambling Market Research Handbook covers every aspect of the online gambling industry.
The handbook is designed to be a "strategic business planning resource" for executives in all segments of the online casino and gaming business. It provides information on market development strategies and competitor analysis, consumer trends and independent market data to support your business plan.
The handbook is designed to provide an expanded understanding of the online gambling industry. An analysis is provided for the major industry sectors, including current and expected market opportunities. Market data is presented for the online jurisdictions along with discussions relating to activities and opportunities.
The report provides a profile analysis of over 70 key players, and a future market outlook.
The increase in the number of online gamers continues to grow, keeping in line with the rapid escalation of people accessing the Internet. A March 2000 study of close to 30,000 Internet users by the Angus Reid Group estimates the United States represents only 39% of the estimated 275 million Internet users worldwide. By the end of 2001, approximately 52 million people globally wagered over $3 billion on Internet gaming. On average, the casinos keep about 75% of the money deposited.
According to Bear Stearns, online gaming was expected to exceed $8 billion in revenue by 2002. Datamonitor predicted online gaming worth was $6.5 billion in 2002, reaching $8.25 billion in 2003 and $11 billion in 2004. It is expected to reach $125 billion by 2015.
Datamonitor also predicted online gambling turnovers have the potential to dwarf those of other Internet services, with these turnovers tapping into an existing market valued at more than $700 billion in Europe and across the U.S. alone. |
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Source: Press Release |
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