Overview of the gambling market

In recent years, the global gambling market has grown rapidly. For example, according to PricewaterhouseCoopers, a consultancy corporation, average revenue growth in this segment has been 9% over seven years. By comparison, it is three times the growth of the global GDP. The same corporation estimates gaming industry revenues to be $217 billion today. PwC forecasters assure that this trend will not change until at least 2022. A number of factors will contribute to the continued rise in the popularity of gambling:

• emerging economies;
• the active development of IT technology worldwide;
• increasing the actual income of the population;
• easing of legal restrictions on gambling (in some countries).

The development of internet technology has provided users with the greatest opportunities: hundreds of millions of gamers around the world can now play poker and blackjack, roulette and slot machines from the comfort of their own homes – all they need is an internet connection. What’s more, there is no longer any connection to a classic desktop computer – using mobile devices to access the web, players can bet anywhere and anytime: standing in traffic jams, waiting in line, getting ready for bed.