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OWN A LIVE TV CASINO By 2000 the gross gaming yield from online casinos across the globe was estimated at $500 million, and grew to an estimated $20 billion by 2008. By year 2010, it is estimated that online gambling industry will top over $24 billion in revenues. London-based Merrill Lynch analyst Andrew Burnett says that the online gambling and wagering business could generate more than $177 billion in revenues by 2015. Given the nature and the diversity of the products and the actual number of privately-owned casino sites, no market share data is currently available. But it is believed that the largest market share will originate from live dealer casino sites. The popularity of online live gambling is increasing exponentially and 2008 has seen significant growth in Europe, Asia and South America. In China and South-East Asia, there are twice as many online gamers as there are Internet shoppers. China, with its ever increasing number of internet subscribers, is predicted to overtake South Korea in 2009 and become the largest online gaming market in Asia-Pacific region. Source: H2GC |
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