Market size
While global statistics are extremely hard to verify,
data compiled by gambling industry consultants
H2 Gambling Capital from a combination of
regulators, public/private operators and suppliers
suggests that the reported global gaming market
from licensed jurisdictions grew from US$204bn in
1999 to US$335bn in 2009, as defined by gross
gaming yield to the operator – i.e.turnover less
prizes/wins plus bonuses.
The 2009 figure comprises US$216bn from
commercial operations such as casinos, betting
shops, gaming machine arcades and regulated online
‘e-gaming’ and US$119bn from monopolies such as
lotteries and horse race betting pari-mutuels. These
figures do not however include any unregulated
gambling activity which goes unreported.
Impact of technology
While the land-based sector is long-established and
has been operated under well-defined regulation,
overall the industry has undergone dramatic change
and expansion over the past few decades. Technology
has been an important driver of this change,
for example:
It is however the internet which has had the most direct impact on the gaming sector and has opened up a new channel for gaming operators to attract players with an ever-increasing array of products.
Commercial operations:casinos, betting shops, gaming machine arcades and regulated online 'e-gaming'
Monopolies: lotteries and horse race betting pari-mutuels
Source: H2 Gambling Capital