Its booming time for online gaming in Europe

By | April 25, 2016

Europe and GamingOnline gaming in Europe is on boom. Leading gaming consultant named Global Betting and gaming consultant released a report that online gaming is growing sharply in European market.

The figures of this report are very exciting for gaming companies. According to the report, the gross gaming earning in 2015 was $15.87 Billion, which is more than 300% of 2005.Meanwhile it is expected to be $21.88 Billion in 2020.

Most popular form of gaming in the region was sports betting which contributed 48.5% of overall in 2015; it was 45.6 back in 2005. Online casinos are doing great in their area and have contributed almost 30% of whole gaming sector, which was just 23% back in 2005.

Online bingo remained almost same (9%) compared to 2005(8%), whereas the share of online poker in European market is just 14%. The casino sites doing really well in European market are William Hill, 32Red, Europa, Casino Luck, Coral and Ladbrokes. The European iGaming market has grown up and it is about $87 Billion a year.

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