Online Gambling Boom Still In Its Infancy
Millions of different products are sold online every day. It is a fact that sales online increase every year and will consider doing so for the foreseeable future. I know those in the US are struggling with UIEGA but it is a completely different story in UK and Europe.
Perhaps even only 5 years ago the average British punter would visit a high street bookie to place a bet or travel to casino to play blackjack, slots or roulette. How the world has changed! Nowadays most punters will simply gamble online. Online betting exchanges offer better odds than high street bookmakers with the bonus of more features such as “in play” betting. A typical online casino offers many more games than a live casino with free money for those who sign up. Another great draw is free cash in the form of sign up and reload bonuses. Can you imagine a live casino giving you £100 free as you walk through their door? Of course not!
A new study released by Merrill Lynch has reported that the Internet gambling industry is still in its infancy with a projected peek to hit around the year 2015. At that time Merryl Lynch predicts that the market will bring in $528 billion annually worldwide. The information is based on the progression of the industry from 2001. This year the projected earnings in the industry are said to reach $24 billion, double that of 2005.
