The development trends of European online gambling

The industry of online casinos and gambling in Europe is developing at the fastest pace in its history, due to the release of favorable laws on gambling and technological progress.

Traditional casino games do not lose their audience, but skills-based games are becoming increasingly popular. According to the latest data, there are more than 2 billion players in the world. And the total turnover of income from gambling is $100 billion a year.

Technical progress has updated the use of mobile applications for gambling and pushed into the background of the game for the PC. It is assumed that in 2020 revenues of this sector will amount to $65 billion. The industry has the highest growth rates in China.

In Europe, the number of players aged 33 to 44 who play gambling is increasing. The longest gambling sessions are still reserved for young people (18–24 years old), however, adults (45–64 years old) do not lag behind, spending 7.5 hours a day at gambling.

It is expected that by 2020 the income from online gambling in Europe will exceed €24.9 billion. The UK gambling market is currently one of the strongest in the world and ranks second in Europe in size and fifth in the overall standings. China leads, followed by the United States and Japan, where a large percentage of bets are illegal.

More than 30 million Britons regularly gamble. It is estimated that by 2020 more than £7 billion will be spent on gambling on the Internet, and the total income will be more than £15 billion.

Recall that, according to the report of the UK Gambling Commission (UKGC), revenues from the gambling business over the past year amounted to £ 14 billion, which is 0.7% more than the previous reporting period.

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