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Research and Markets: Research Report – Global Online Gambling & Betting Market 2014

The authors observe: while land-based lottery and casinos still dominate

the gambling scene, online real-money gambling and betting are growing

rapidly.

Italy has one of the most advanced regulatory arrangements regarding

online gambling in Europe. In North America and major Asian

countries online real-money games are yet awaiting progress in

regulation. Mobile gambling is expected to grow at double-digit

rates and to reach over 40% of the total online gambling market by 2018,

as the number of mobile gambling users increases by a hundred million.

- PokerStars

In North America, online gambling was legalized in three US states by

early 2014, with online gambling revenues surging to millions in the

first months of legal operation.

Global Online Gambling and Betting Market 2014 depicts the latest trends

and developments in the field. The first

regulated online gambling website in Kenya was launched in 2013. Total online gambling revenue in Italy

recently reached a high number in hundreds of millions of Euros, with

poker constituting the largest segment.

The regulatory landscape on online gambling and betting is varied. The

majority of Western European countries have some laws in place to

channel online gambling and betting.

- Betfair Group

In the largest Latin American market, Brazil, gambling and betting is

forbidden except for horse racing. In

Australia, which leads the world in terms of per person gambling, online

sports betting and gambling has been growing by over 30% annually, while

the growth of the total gambling market does not exceed 5%.

About Research and Markets

In France, online gambling and betting has been legal since 2010, but

many gamblers turn to illegal sites. As a result companies get a precise and unbiased impression of the

market situation.

Regional variations in legislation and acceptance of online gambling and

betting

- The analyses, statistical reports and forecasts are only based on

reliable sources including national and international statistical

offices, industry and trade associations, business reports, business and

company databases, journals, company registries and news portals.

The spread of online betting and gambling is forcing governments to act

to regulate. We provide you with the latest

data on international and regional markets, key industries, the top

companies, new products and the latest trends.

Europe has been a leader in adopting regulation regarding online

gambling, but as the activity spreads, new measures are being enacted.

Trends in online gambling and betting.

- 888 Holdings

- William Hill Online

- Bwin.Party

- Paddy Power

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/pwjr2j/global_online)

has announced the addition of the “Global

Online Gambling & Betting Market 2014″ report to their

offering.

Product Information:

Online gambling is only starting to emerge in Africa. Among the findings of the reports

researchers is that the online gambling and betting segment is

increasing, enhanced by the spread of smartphones and tablet computers. Progress in online betting regulation in Germany is

expected in 2014, as several operators have applied for the first online

sports betting licenses.

- The author’s international employees research and filter all sources

and translate relevant information into English. The global online gambling market has a current value

estimated at a medium double digit number in billions of Euros, with

growth expected between +7 and 10% annually in the next few years.

For more information visit http://www.researchandmarkets.com/research/pwjr2j/global_online

Research and Markets is the world’s leading source for international

market research reports and market data. In

South Africa, online gambling awaits legalization in 2014.

Online gambling and betting is spreading in the Asia-Pacific region. However, offshore gambling websites

are popular among Brazilian gamblers, who spend several hundreds of EUR

million annually on offshore sports betting sites.

- Ladbrokes

Regulation of online gambling and betting in Germany and Russia lag some

of their neighbours. This ensures that the

content of the original studies is correctly interpreted.

- These market reports inform top managers about recent market trends

and assist with strategic company decisions

Companies Mentioned

The leading online gambling and betting companies worldwide include

PokerStars, Bwin.Party, William Hill Online, each of which annually

generate online revenues of over EUR 0.5 billion.

The major trends in online gambling and betting globally are mobile and

social gambling. For example, a quarter of poker

players chose to bet on unregulated networks.

. In the USA, online gambling is legal only in three states

and in many Asian countries gambling and betting is allowed only in

casino resorts.

- The authors provide secondary market research: By using various

sources of information they ensure maximum objectivity for all obtained

data


Posted by admin on August 8th, 2016 :: Filed under Bet gambling

Gambling Addiction: How To Identify Your Child Has A Gambling Problem by Joseph McNamarra

For the first time in history, gambling is available close to home and now even inside of teenagers’ rooms. In more severe cases, adolescences commit illegal acts in order to finance gambling habits. This is no longer the issue of money when teenagers excessively monitor sports results or become overly excited at the outcome of sports events. They interpret the meaning of the word gambling as entertainment or a challenge and it is your job as a parent to teach your children the real value of gambling.

About The Author

This article was posted on September 07, 2006

Parents often feel that they know their children very well and that any visible sign indicating the smallest problem will immediately receive full attention and treatment, however, it is not always the case. These acts are usually followed by aggression and loss of control as repeated unsuccessful efforts to put their lives back on track.

When your child develops drastic changes in academic performance and spends a lot of time browsing the internet, you have every right to question his motives. Even the most caring parent not always has the ability to check whether his child prepares his homework or engages in gambling activities.

Although Joseph McNamarra writes for http://www.gambling-portal.com which is a guide to online gambling, he was shocked to find that his son suffered from adolescent gambling. If a parent listens carefully, it will not be very difficult to find little inconsistencies in child’s speech. Teenagers use money for gambling that was intended for something else or bet money they do not even have. Teenagers become hostile towards their family members and friends so they would not have to deal with their problems. Responsible parents, who keep track of banking accounts, usually know the exact amount of MP3 players or cell phones their sun or daughter have, what simplifies the “counting” process.

Gambling problems are no longer the trademark of adult addictive behavior; on the contrary, it is becoming an increasingly widespread and damaging social and health problem around adolescents. Developing a trusting relationship with your children, balancing their need for independence with your need to monitor their attitudes and behaviors related to gambling is a good start, but if you think the problem is severe, seek professional assistance.

 

Children tend to tell occasional lies to their parents when they feel stressed or try to conceal something, but when these lies become inconsistent on a daily basis, it is a symptom indicating bigger issues. In the same way that you have provided guidance on important issues in the past, you can influence your children about gambling. Unfortunately, parents are not some super heroes with special powers because in most of the cases even a healthy communication within the family is not sufficient to detect a problematic behavior on time. This is the right time and place for the parent to interfere and to do what ever it takes to discover the source of the problem in order to find appropriate tools for its treatment.

Joseph McNamarra

Missing personal belongings or inability to cover regular expenses, which later on develops into borrowing money from family members or friends for gambling purposes communicate another warning sign of gambling addiction. Our parents grew up thinking that gambling was wrong, but our children are growing up with gambling is as easy as going to McDonald’s.

Parents should acknowledge the fact that not all people who engage in gambling activities are compulsive gamblers. The following points convey some signs that your son or daughter may have a gambling problem:

Gambling Addiction: How To Identify Your Child Has A Gambling Problem

 by: Joseph McNamarra

. Since not all teenagers work after school or have the ability to work, parents convey the primary financial source of all the necessities. This article provides some useful keys to help parents in early identification of gambling compulsion.

Mood swings and intolerance characterize typical adolescent behavior due to physical and mental changes, but when gambling controls these mood swings, it destroys any acceptable lines of healthy behavior. Since, he has involved himself in helping other parents prevent this addiction in their children.

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When your child loses interest in other activities he once enjoyed and is preoccupied with gambling-related activities, this is another warning sign of adolescent gambling problem


Posted by admin on August 7th, 2016 :: Filed under Bet gambling

Online Gambling’s Good for U.S.

He coauthored (with John Luik) the Democracy Institute book, Gambling: A Healthy Bet.

Second, consumer demand for online gambling and the government’s demand for tax revenues will create enormous pressure for legalization in any jurisdiction, such as the U.S., that currently operates a domestic ban.

Online gambling can be regulated effectively and without excessive cost, to standards that will provide strong protections for consumers and vulnerable players. Many of these sites were established in small nations with little or no regulatory oversight.

Prohibitionists appear to ignore the fact that most gambling sites, like any reputable business, rely on customer loyalty to remain profitable. With legal online gambling, competition among operators would increase to such an extent that they will be forced by the marketplace, rather than by governments, to offer a reduced house advantage.

Patrick Basham is a Cato Institute adjunct scholar. As other jurisdictions identify the demand for online gambling, they have supplied this service to consumers.

Federal prosecutors just dealt consumer freedom a terrible hand, shutting down the gambling website Bodog.com and indicting four company executives, including founder Calvin Ayre, for alleged illegal gambling that actually generated $100 million in customer winnings. The online gambling industry is merely another form of commerce where prohibition is the wrong option.

The current prohibitionist law is really a protectionist measure designed to support specific domestic operators, such as the websites run by the horse betting industry. Stopping American online gambling is truly mission impossible, with a vast number of insurmountable challenges facing governments that endeavor to criminalize online gambling.

In recent years, it’s become clear to a growing number of policymakers, including Senate Majority Leader Harry Reid, that the ban on online gambling is a failure. First, online technology renders prohibition futile. This is especially true given service providers’ unrestrained access to overseas Internet sites in jurisdictions without online gambling restrictions.

Gambling is one of the great successes of online commerce. The ill-advised indictments handed down against Calvin Ayre and his Bodog colleagues cannot alter that fact. As an international network, the Internet provides an instant detour around domestic prohibition.

A great degree of surveillance is required to detect online illegality, and there are significant difficulties in locating, investigating, and prosecuting online offenders. The necessity of maintaining a strong customer base would motivate legal American service providers to offer legitimate, reputable gambling sites..

This form of gambling also encourages private sector businesses to develop network capacity and commerce. Not only will this increased competition result in a wider range of gambling activities, it will reduce cost to consumers. If the domestic marketplace demands online gambling, which it clearly does, it will be supplied with or without government consent. Ironically the anti-Bodog crackdown comes as the push for sensible regulation of the online gambling industry is gathering serious political momentum.

Another major benefit of allowing online gambling is that competition will be introduced into a highly regulated marketplace dominated by licensed providers who monopolize the gaming market. In addition, the technological and human capital required to locate offenders is substantial, as are the costs of prosecution and incarceration. Along with the inefficient use of resources caused by prohibition, there’s the danger of unintentionally increasing the criminal element.

For example, in 2009 there were 2,381 sites run by 493 companies licensed in 50 jurisdictions worldwide. As such, the Internet offers potential consumers convenient and inexpensive access to their favorite gambling sites, introducing competition into an industry once dominated by highly restrictive licensing practices.

Two additional factors contribute to the inevitable failure of prohibition. Increased competition results in a more efficient allocation of resources, as gambling providers attempt to maintain and attract new customers.

In 2008, the global online gambling market was valued at $20 billion annually, with 50 percent of that demand coming from the U.S.. The principal benefit of regulation to online players is the personal and legal security of funds, whereas currently players in unregulated environments have no legal recourse over matters such as suspected cheating and frozen assets.

Banning online gambling in the domestic American market simply results in the establishment of Internet gaming sites overseas. Many federal and state-level politicians want to legalize online gambling, which Congress made illegal in 2006.

The Internet has revealed the potential of technology not only to dramatically increase existing gambling opportunities but also to introduce new ones. Including unlicensed sites, the total rose to 6,000


Posted by admin on August 6th, 2016 :: Filed under Bet gambling