In you are looking to jump in to an industry that will see rapid growth during the next few years then the online gambling sector is a must. Online gambling is still one of the fastest growing sectors. A report published by H2 Gambling Capital stated the size of the global online gambling market is a staggering $21 billion. The report also stated that by 2012 the market could be worth at least $30 billion. Of course at the moment online gambling is illegal in many countries. If the likes of America, China, Japan or South Korea legalized and regulated online gambling then of course the projected 2012 figures will be greatly overshadowed.
A UK National Gamers Survey Report revealed British gamblers spent 280 million playing online casual games in 2009. Similar studies carried out in other countries revealed that French players spent 220 million and Germans 440 million over the same period. There are an estimated 13.3 million Brits playing on various game portals plus 170 million was spent on mobile games in 2009.
Deutsche bank claims online gaming market penetration is expected to reach 9 percent by 2012, with global online gaming having recorded growth of 23 percent since 2001. Also of great importance is that home broadband users are expected to reach 750m by 2012 (up from 481m in 2008), coupled with rising online gaming regulation across the world, these forecasts look very achievable.
