16 Sponsored by Casino City’s iGaming Pocket Directory Casino Gambling’s popularity is growing due to numerous factors, such as the spread of global internet, the proliferation of computers and smartphones, as well as increased legalization in key markets like the Asian Pacific region and the U.S. The online gambling market was valued at $48.52 billion in 2018 with an expected CAGR of 11.5% from 2019 to 2025, according to a study by Grand View Research. The European Gaming and Betting Association (EGBA) said online gaming revenue across the European Union amounted to €22.2 billion, with an expected growth to €29.3 billion by 2022. In 2018, mobile devices accounted for 64.4% of the online global gambling market, with advances in technology and the industry’s embracing mobile-responsive pages encouraging users, per Adroit Research. While the EGBA cited just 43% of gambling utilized mobile devices in 2018, it expected mobile to become the primary platform in the EU by 2021. While overall popularity continues to grow, British online gaming yield experienced decline for the first time in 2018-2019, falling 0.3% to £14.36 billion as revenue dropped 0.6% to £5.3 billion in the year ending 31 March 2019. Still, casino games continued to represent the lion’s share, yielding £3.11 billion on £89.68 billion wagered and online slots responsible for £2.12 billion. And other countries like Spain continued to grow, as its online gaming sector brought in €812 million per the Dirección General de Ordenación del Juego. This represents a rise of 22.5% alongside a healthy €17.82 billion wagered overall. CASINO INDUSTRY OVERVIEW
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