Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

Mobile gambling is expected to grow at double-digit

rates and to reach over 40% of the total online gambling market by 2018,

as the number of mobile gambling users increases by a hundred million.

- Betfair Group

Europe has been a leader in adopting regulation regarding online

gambling, but as the activity spreads, new measures are being enacted.

- Bwin.Party

The regulatory landscape on online gambling and betting is varied. For example, a quarter of poker

players chose to bet on unregulated networks.

Companies Mentioned

Product Information:

- These market reports inform top managers about recent market trends

and assist with strategic company decisions

- The author’s international employees research and filter all sources

and translate relevant information into English. This ensures that the

content of the original studies is correctly interpreted.

The major trends in online gambling and betting globally are mobile and

social gambling. In

Australia, which leads the world in terms of per person gambling, online

sports betting and gambling has been growing by over 30% annually, while

the growth of the total gambling market does not exceed 5%.

The leading online gambling and betting companies worldwide include

PokerStars, Bwin.Party, William Hill Online, each of which annually

generate online revenues of over EUR 0.5 billion.

- 888 Holdings

Online gambling is only starting to emerge in Africa. As a result companies get a precise and unbiased impression of the

market situation.

- PokerStars

Italy has one of the most advanced regulatory arrangements regarding

online gambling in Europe. In the USA, online gambling is legal only in three states

and in many Asian countries gambling and betting is allowed only in

casino resorts.

- Paddy Power

Regulation of online gambling and betting in Germany and Russia lag some

of their neighbours.

The spread of online betting and gambling is forcing governments to act

to regulate. Total online gambling revenue in Italy

recently reached a high number in hundreds of millions of Euros, with

poker constituting the largest segment.

In the largest Latin American market, Brazil, gambling and betting is

forbidden except for horse racing. In

South Africa, online gambling awaits legalization in 2014.

In North America, online gambling was legalized in three US states by

early 2014, with online gambling revenues surging to millions in the

first months of legal operation.

. Among the findings of the reports

researchers is that the online gambling and betting segment is

increasing, enhanced by the spread of smartphones and tablet computers. The

majority of Western European countries have some laws in place to

channel online gambling and betting. The global online gambling market has a current value

estimated at a medium double digit number in billions of Euros, with

growth expected between +7 and 10% annually in the next few years.

Trends in online gambling and betting.

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online)

has announced the addition of the “Global

Online Gambling & Betting Market 2014″ report to their

offering.

- William Hill Online

- Ladbrokes

- The authors provide secondary market research: By using various

sources of information they ensure maximum objectivity for all obtained

data. However, offshore gambling websites

are popular among Brazilian gamblers, who spend several hundreds of EUR

million annually on offshore sports betting sites.

About Research and Markets

For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online

Global Online Gambling and Betting Market 2014 depicts the latest trends

and developments in the field. In North America and major Asian

countries online real-money games are yet awaiting progress in

regulation. We provide you with the latest

data on international and regional markets, key industries, the top

companies, new products and the latest trends.

- The analyses, statistical reports and forecasts are only based on

reliable sources including national and international statistical

offices, industry and trade associations, business reports, business and

company databases, journals, company registries and news portals.

Regional variations in legislation and acceptance of online gambling and

betting

Online gambling and betting is spreading in the Asia-Pacific region. Progress in online betting regulation in Germany is

expected in 2014, as several operators have applied for the first online

sports betting licenses.

Research and Markets is the world’s leading source for international

market research reports and market data. The first

regulated online gambling website in Kenya was launched in 2013.

The authors observe: while land-based lottery and casinos still dominate

the gambling scene, online real-money gambling and betting are growing

rapidly.

In France, online gambling and betting has been legal since 2010, but

many gamblers turn to illegal sites

General Rules for Online Sports Betting

Every popular betting website has a strong backbone of rules and you must make a habit of playing at such sites only. People think of it as a quick way of earning money and thus invest in such sites haphazardly. In any such situation, all bets are declared void and money is credited to the account of bettors. In the beginning, these sites and the returns they promise appear highly alluring. To ensure that our valuable readers do not lose money right from the day one in sports betting, here below are general guidelines one can count upon.

Change in Date, Time or Venue

The first guideline one should keep in mind in the game of online sports betting is rules play a crucial role and one cannot compromise with them at any point of time. For more details on void bets, players should read the guidelines listed on the betting website itself. Another thing that one can do initially to avoid losing money while placing bets on sports matches is playing football betting games. For people residing in Asia, Kick360 is one amongst the most sought after betting sites and you can play here with a breeze.

Game of Rules

In lieu of making more money, players are generally enticed to open multiple accounts and place bets using each of them. If you wish to learn more about Indian football game or betting on football then visit kick360.com.

Never Open Multiple Accounts. But, it is really important to understand that opening multiple accounts increase the odds of losing money and thus it should be avoided completely. An advantage of doing so is you can learn the game rules and that too without putting money at stake. Doubtlessly, there are many such reputed sites over the Internet but it may take some time for newbies to locate one. But, gradually they get to know that making money with betting is not that easy and it would not be surprising if all the invested money is lost. In all, it is a win-win situation and you should not miss it at all.

If online betting had not been tempting, millions of people would not have been running after sports betting sites. Kick360 is one of those very few websites that allow players to enjoy sports betting free of cost and bestow winners with real prizes.

It is very common when sports matches are cancelled or postponed due to reasons like player injury, climatic conditions or any other unavoidable circumstances. In this type of game, players can open an account and continue playing without investing real money. It is true that slight variations are there in rules and regulations of different sites but the set of general guidelines remain same throughout the industry. Wondering what to do next?

Author’s Bio: 

The author of this article owns a chain of online sports betting and loves to share his learning with other players. Just open a single account and keep placing bets through it only. Players and especially the new ones fall prey to this trick and end up opening many accounts. By doing so, they get a clear understanding of the working of the website and can avoid monetary losses greatly.

Want to know how to avoid losing money at sports betting sites? Well, think before investing and learn the rules of the industry

Negative Effects of Gambling

It causes a decline in his/her work performance, thus hampering his career.

Gambling = Thoughtless Expenditure + Waste of Time

Compulsive gambling leads to bankruptcy

? Gamblers often exhibit mood swings and a strangely secretive behavior. Rehabilitating the gambling addicts needs money and time, and the process is not very easy. Sports betting and arbitrage betting are the other types. In the following sections of this Buzzle article, we discuss the negative effects of gambling on the individual and society.

? Over time, the practice of gambling starts becoming a habit and begins to have damaging effects at psychological, physical, and social levels. The two go hand in hand. The greed never ends and they keep betting more and more. The addiction robs a gambler of all the productive time and leads to loss of efficiency at work. The stress of risking huge amounts of money or the frustration after losing it can increase the tendency of abuse in gamblers. Thus, gambling can have a grave economic impact which is difficult to reverse.

Mental and physical health problems, financial issues, and conflicts in the family are among the common negative effects of gambling. Due to lost mental peace, they may ill-treat their spouse and children. According to the National Research Council, 10 to 17% of the children of problem gamblers have been abused and so have 25 to 50% of the partners of problems gamblers.

? Studies show that children with a sibling or parent addicted to gambling, are more likely to take to substance abuse.

Initially, one looks at gambling as a way to run away from life’s problems, or from stress, anger, and loneliness. On giving a serious consideration to the negative effects of gambling, we realize that it is best avoided.

? Gambling has proven to be addictive. To add to the so-called merry atmosphere, gamblers often smoke or drink while playing.

? Additionally, rehabilitation and public assistance systems are taxed.

? Addiction to gambling has been linked with substance abuse. This proves to be detrimental to their social and family life. The decision to gamble money is based on three parameters namely; how much to bet, the predictability of the event, and the conditions agreed upon, between the gamblers. Their debt keeps building and it may reach an amount that exceeds their capacity to repay.

? Apart from absence at work and drop in efficiency, a common observation is that gamblers tend to steal money and engage in fraudulent behavior to recover from financial losses incurred when gambling, or to get more money to bet.

? Substances of abuse are served at casinos and in pubs and clubs, thus increasing the likelihood of gamblers consuming them. Forget satisfaction or peace, it is not even refreshing in the real sense. The addiction leads people to continue with gambling irrespective of whether they earn or lose in the deal. The National Council of Problem Gambling (NCPG) describes this type of gambling behavior as problem gambling.

? The costs of treating compulsive gamblers are huge. They tend to stay away from their near ones, resulting in distrust between them and their loved ones.. Card games, coin tossing, and dice-based games are some non-casino based forms of gambling. Because of this, they land in worse situations and take the wrong decisions in life.

? Gambling at the cost of one’s job results in a decline in the quality of his professional life. A recreational activity is supposed to be refreshing and relaxing, but something like gambling is contrary to the very purpose of recreation. A study by the same university suggested that 73% of the individuals who are imprisoned are found to be problem gamblers.

Gambling refers to the betting of money on an event with an uncertain outcome, with the intent of winning additional wealth. Over time, it becomes a habit, and eventually an obsession that can’t be overcome. The addiction gets on to the gamblers to such an extent that they fail to think wisely before acting. The skill of a gambler lies in weighing the three parameters and making a decision about what amount should be staked and how much should be expected in return.

? Children of parents who are problem gamblers or gambling addicts tend to feel abandoned and angry, further increasing stress and leading to strained family relations.

? The addiction to gambling can leave one in bankruptcy. It soon becomes a habit that can’t be broken.

You could be at gunpoint or holding the gun. The effect is similar to that of having a drug or a drink, which is why gambling changes one’s mental state and mood.

? According to a research by NCPG, 76 percent of problem gamblers are likely to have a major depressive disorder.

? Similar to how an individual keeps consuming substances like drugs or alcohol to experience an altered mental state, he continues to gamble. The addiction has negative effects on one’s physical and mental health and it proves to be detrimental to one’s social, personal, and professional life. Thus, gambling practices cause a huge financial burden on the families of the affected and on the society at large.

? Gambling can lead to criminal activities. Six to eight million people in America are estimated to have a gambling problem.

? Problem gamblers and addicts tend to abuse their family members. Some go that way to forget the sorrow of losing big sums when gambling.

? People continue gambling with the greed of winning money. Their mental state can even lead to suicidal tendencies.

? An Austrian study said that around 1 in 5 suicidal patients had a gambling problem.

? The stress from gambling may lead to health issues like ulcers, stomach problems, muscle pains, headaches, and problems with sleep.

? A majority of those addicted to gambling have substance abuse disorders.

? Gambling is practiced as a means of recreation. When they lose the money they had risked, they further gamble to recover the lost amount and it becomes a vicious circle even they can’t escape from.

Games offered in casinos, table games like poker, Red Dog, and Blackjack, as also electronic games like Slot Machine and Video Poker are some of the common types of gambling. In spite of the losses incurred, they continue betting. ? Research has shown that gambling can lead to harmful behavior in people. It only leads to a thoughtless expenditure of money and valuables.

? They start borrowing money and take secret loans. It can drag you into crime, gambling isn’t fun.

? People who fall prey to gambling tend to remain away from their families and waste money on other bad practices. Betting is a mentally taxing activity, and as one goes on risking more and more money, anxiety starts building.

? As gambling leads to increased criminal activities, in a way, gamblers add to the burden on prisons and the legal system.

? According to the University of New York, in people with alcohol use disorders, the chances of developing an addiction to gambling are 23 times higher.

? According to a study by the George State University, 50% of the problem gamblers commit crime. Some take to substance abuse to supplement the high they get from winning huge sums while gambling. Addiction to gambling, coupled with substance abuse can make the gamblers physically abusive towards their family. They engage in gambling activities at the cost of their time with family and friends

Research and Markets: Global Online Gambling and Betting Market 2015

- WHG (International) Limited

- PlasmaNet

Research and Markets is the world’s leading source for international

market research reports and market data. Across the UK, France and Spain, betting, in particular

sports betting, was the largest segment of the online gambling market in

2014, while in Italy it was outperformed by casino games. Among the findings of the

report are that mobile devices are increasingly being used to access

gambling sites and that the growth of online gambling has led to

consolidation in the companies offering gambling.

Companies Mentioned

In the Asia-Pacific region, some governments have gone to lengths to

limit online gambling. The performance of the leading global companies in the

online gambling and betting segment varied last year, with William Hill

and Paddy Power showing growth rates in online net revenues of close to

+20%, while Betfair showed only moderate growth and Bwin.Party

registered a decline in total revenues.

The latest publication Global Online Gambling and Betting Market 2015,

reports that online gambling is steadily increasing globally, with

governments moving to regulate the practice. More states are expected

to adopt rules concerning online gambling as revenues continue to grow,

though at a somewhat more moderate level than was forecasted a year ago. We provide you with the latest

data on international and regional markets, key industries, the top

companies, new products and the latest trends.

The global market for online gambling is forecasted to maintain

one-digit growth rates over the next four years, expected to reach a

medium-high, double-digit number in billion Euros revenue. Meanwhile, on the African continent, the

government of South Africa, regional leader in land-based gambling

revenues, announced in early 2015 that it had no plans to legalize

online gambling despite calls to do so.

- Unibet Group

- Publishers Clearing House

- California State Lottery

Europe was the largest online gambling market in the world, owing to a

large number of countries with established regulations regarding this

sector. In Russia, online gambling remained illegal, but a separate regime

is being formed for online betting under a self-regulatory organization

and the nature of online poker was debated.

- 10bet.com Ltd

- 888 Holdings Plc

- Betsson

For more information visit http://www.researchandmarkets.com/research/2swnd3/global_online

- Bwin.Party

- Bet-at-home.com Internet Ltd.

About Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/2swnd3/global_online)

has announced the addition of the “Global

Online Gambling and Betting Market 2015″ report to their

offering.

- Inc

- Amaya (incl.

In Australia, where the regime is more liberal, foreign companies are

particularly attracted by the interactive betting sector.

In the USA, of the three states allowing online gambling, New Jersey

generated by far the largest revenues in 2014.

In Latin America, in both Brazil and Mexico, new bills were put forward

in the legislature to regulate online gambling, but the legislation has

not yet been approved. In Germany,

the co-existence of separate gambling regimes in the state of

Schleswig-Holstein and the rest of the country was upheld by the ECJ in

2014. Some gambling sites report

increasing shares of their total revenues stemming from mobile and

gambling search words, which are increasingly originating from phones

and tablets. One trend in

online gambling is the use of mobile devices. In Singapore, all forms of remote gambling were

forbidden under new regulations in 2015, and in China and South Korea, a

number of organizers of illegal online gambling websites were arrested. This number is set to increase, as countries like the

Netherlands adopt new online gambling regulations, seeking additional

tax revenues. Rational Group)

- Ladbrokers Betting & Gaming Ltd.

- Playtech

- Betfair Entertainment Ltd.

- Paddy Power Plc

- Net Entertainment

. Another important factor is a wave of acquisition deals

which has taken place in the past two years; for example, Canada-based

Amaya Gaming Group acquiring the parent company of PokerStars and Full

Tilt Poker

Online Gambling’s Good for U.S.

He coauthored (with John Luik) the Democracy Institute book, Gambling: A Healthy Bet.

For example, in 2009 there were 2,381 sites run by 493 companies licensed in 50 jurisdictions worldwide. Many federal and state-level politicians want to legalize online gambling, which Congress made illegal in 2006.

Suggest a correction

Banning online gambling in the domestic American market simply results in the establishment of Internet gaming sites overseas. Stopping American online gambling is truly mission impossible, with a vast number of insurmountable challenges facing governments that endeavor to criminalize online gambling.

# # #

Federal prosecutors just dealt consumer freedom a terrible hand, shutting down the gambling website Bodog.com and indicting four company executives, including founder Calvin Ayre, for alleged illegal gambling that actually generated $100 million in customer winnings. First, online technology renders prohibition futile. As an international network, the Internet provides an instant detour around domestic prohibition.

Patrick Basham is a Cato Institute adjunct scholar. With legal online gambling, competition among operators would increase to such an extent that they will be forced by the marketplace, rather than by governments, to offer a reduced house advantage.

The current prohibitionist law is really a protectionist measure designed to support specific domestic operators, such as the websites run by the horse betting industry.

A great degree of surveillance is required to detect online illegality, and there are significant difficulties in locating, investigating, and prosecuting online offenders. Many of these sites were established in small nations with little or no regulatory oversight.

Prohibitionists appear to ignore the fact that most gambling sites, like any reputable business, rely on customer loyalty to remain profitable. This is especially true given service providers’ unrestrained access to overseas Internet sites in jurisdictions without online gambling restrictions.

Another major benefit of allowing online gambling is that competition will be introduced into a highly regulated marketplace dominated by licensed providers who monopolize the gaming market. As such, the Internet offers potential consumers convenient and inexpensive access to their favorite gambling sites, introducing competition into an industry once dominated by highly restrictive licensing practices.

Online gambling can be regulated effectively and without excessive cost, to standards that will provide strong protections for consumers and vulnerable players. Ironically the anti-Bodog crackdown comes as the push for sensible regulation of the online gambling industry is gathering serious political momentum.

In recent years, it’s become clear to a growing number of policymakers, including Senate Majority Leader Harry Reid, that the ban on online gambling is a failure. Along with the inefficient use of resources caused by prohibition, there’s the danger of unintentionally increasing the criminal element.

Gambling is one of the great successes of online commerce. The online gambling industry is merely another form of commerce where prohibition is the wrong option.

Two additional factors contribute to the inevitable failure of prohibition. As other jurisdictions identify the demand for online gambling, they have supplied this service to consumers.

In 2008, the global online gambling market was valued at $20 billion annually, with 50 percent of that demand coming from the U.S.. Not only will this increased competition result in a wider range of gambling activities, it will reduce cost to consumers. Increased competition results in a more efficient allocation of resources, as gambling providers attempt to maintain and attract new customers.

. The principal benefit of regulation to online players is the personal and legal security of funds, whereas currently players in unregulated environments have no legal recourse over matters such as suspected cheating and frozen assets.

This form of gambling also encourages private sector businesses to develop network capacity and commerce. If the domestic marketplace demands online gambling, which it clearly does, it will be supplied with or without government consent. In addition, the technological and human capital required to locate offenders is substantial, as are the costs of prosecution and incarceration. The necessity of maintaining a strong customer base would motivate legal American service providers to offer legitimate, reputable gambling sites.

Second, consumer demand for online gambling and the government’s demand for tax revenues will create enormous pressure for legalization in any jurisdiction, such as the U.S., that currently operates a domestic ban.

The Internet has revealed the potential of technology not only to dramatically increase existing gambling opportunities but also to introduce new ones. Including unlicensed sites, the total rose to 6,000. The ill-advised indictments handed down against Calvin Ayre and his Bodog colleagues cannot alter that fact