The market size of online casinos is steadily increasing each year. According to Statista, in 2009 the sector was worth $24.73billion, and that rose to $45.86 billion last year. A report from Yahoo finance detailed how the market is projected to expand at a compound annual growth rate of 10.8% by 2024. There is a strong correlation between the booming online casino industry and the equally successful mobile market, and the two will work hand in hand to gain even more revenue this year. Even with the advent of virtual and augmented reality, wearable technology devices, and super-advanced computers, the…

The Division of Gaming Enforcement has announced that New Jersey online gambling revenue gross win increased by 28% on a month-on-month basis during January 2014. New Jersey’s online gambling industry generated a total of £9.5 million (€6.9 million) during January, a significant increase on the $7.4 million achieved in December 2013. The Borgata Hotel Casino & Spa proved to be the most successful of Atlantic City’s casinos in the online gaming market, having generated a total of $3.9 million in January. In comparison, Golden Nugget Atlantic City was the least successful with just $286,922 in online gaming revenue. In addition,…

Online gambling revenue which groups poker, casino game and betting is a fast-growing sector in the world. In 2012, the sector generated global receipts of 25 billion euro, according to the consulting firm H2 Gambling Capital; or an increase of 7.2 % compared with 2011. Online casinos generated 17% of this gross receipt, while online poker which is in continual decline presented only 13%. Always according to H2, online gambling represents 8% of receipts, on the whole sector of gambling in 2012. The European market is the main growth driver of the sector of online gambling, with a penetration rate…