Casino City's iGaming Pocket Directory - 2018 Edition
Sponsored by Sports Betting 63 Visit iGamingPocketDirectory.com for more information. Sports betting is fundamentally different from other forms of online gaming. Casino games, poker and bingo are played online. When a punter bets on a sporting event, he is wagering on a real-life event. Whether it’s betting on the NFL, the Premier League, golf or cricket, the actual gameplay happens in real life, as does the entertainment experience. Only the wager is done online. Due to varying regulations throughout the world, estimating the total value of the global sports betting market is difficult. However, the online sector continues to mature, thanks to the increased popularity of mobile wagering, in-play betting, and the proliferation of fantasy sports and betting on esports. Bet365 reported in November 2017 that it generated £2.15 billion ($2.83 billion) in revenue during its latest fiscal year, marking the first time in company history that the U.K. online sportsbook and casino operator surpassed the £2 billion milestone. Esports is already a massive industry, generating about $696 million in 2017 from media rights, merchandising, ticket sales and advertising, according to Newzoo, a market research firm. Eilers & Krejcik Gaming estimates that by 2020, esports fans around the world will wager around $23.5 billion, with operators generating $1.8 billion in revenue. If SPORTS BETTING INDUSTRY OVERVIEW
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