iGaming Industry Facts
iGambling means playing involving chance or placing bets online in the hope or expectation of winning money. Gambling takes many forms, from buying lottery tickets in a raffle to table games in casinos and online gambling games. Technology has always played a role in the development of igaming practices and continues to provide new market opportunities. The Internet gambling and other forms of remote gambling are revolutionizing the igaming industry. Casino igaming can be an excellent way to get complete entertainment on the one hand and a reliable source of large income on the other.
eCommerce and Online Gambling Regulation Association (eCogra) released the results of what may be spoken of as the most comprehensive and unbiased survey of the global community that's driving the estimated $4-6 billion igaming industry. Basing on the survey results we can paint an unprecedented portrait of the typical online casino player.
The survey was based on an opinion poll carried out among representatives of more than 96 countries of various occupations and different income. The number of interviewed totaled 10865 with 58% of males and 42% of females aged 18-65.
Among the basic revelations of the survey let us run through the most important for igaming business owners:
- The typical online gambler is most likely to be a mature, well-educated and solidly middle class head of household.
- The overwhelming majority of online casino players of both genders claim they gamble for entertainment during their free time using their own computers and Internet traffic.
- Men state they prefer to play Black Jack and online poker; women are more likely to choose Slots and other simple online games.
- Independently from the sexual identity, online gamblers don't consider their favorite online activity to be illegal or unethical and are highly aware of the time and money they spend online.
Another study performed by the worldwide igaming market advisor Marco Felice Baranzelli has proved that igaming industry keeps constantly growing, bringing online casino business owners cosmic profits. Baranzelli states that the worldwide igaming market's total gaming yield for 2008 hit $ 328.5 billion, maximum of US$ 309.6 billion in 2007.
Summarizing the above said, it is important to highlight that igaming industry is experiencing it's expedite rise due to the people's inherent passion to online games of chance. Start your online gaming business now and be a winner with our visually-stimulating, feature-rich and user-friendly online gambling solutions!
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