Gaming Numbers Grow in Europe

This week gaming analyst Global Betting and Gaming Consultants released a new study, which revealed that online gaming grew by 328% from 2005 to 2015.

The largest period of growth was between 2005 and 2010, which saw Gross Gaming Yield jumped 198% annually to $11.06 billion. In the five years since, the industry grew 43% annually on average. Currently, the online betting industry yield is $15.87 billion, and it is thought that the industry will see $21.88 billion in yield by 2020.

The numbers revealed that online casino contributed 23.1% to the yield results in 2005, but has reached 29.2% in 2015. Sportsbetting also grew, making up 45.6% of the total in 2005 and 48.5% in 2015. Bingo also grew slightly, growing from 8 to 9% from 2005 to 2015.

Online poker shrank though, falling to 13.4% last year from 23.2% in 2005.

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11 April 2016 - 10:09pm

I guess 2005 and 2010 period was the period in which big part of the Europe's population had obtain a PC's and other mobile devices which could be connected to the net and that's why it was the time of the big boom in online gambling. But this industry has so much room for a growth still yet that these numbers don't surprise me at all.