What does the future hold for the online casino industry? - every thing that has transpired in the gambling industry this month

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31 January 2008
 

What does the future hold for the online casino industry?
7 Sep 2006
A British group of researches recently completed a study about the gambling and online casino on the internet. One of the aims of this research was to predict how the online gaming industry will look like by the year 2010.the study areas included not only the online casinos but also sectors like poker, sports betting and various types of online betting. The study had spread across eleven years reviewing more than thirty different online casino operators and online gambling web sites. As mentioned above the purpose of this study was to try and characterize the online casino industry and to give a somewhat educated projection of what the industry will look like five years for now. This report will certainly draw a lot of attention from online casino operators and help them in their decision making process.

According to the study a new kind of gamblers will dominate the online casinos by the year 2010. Those players will be more "easy-going", players who play at their spear time and forcing their schedule to much their gambling needs. This kind of players will replace the "hard core" gamblers who are currently the majority of the online casinos visitors. The graduate shift will be accompanied by more friendly user games formats. The report also states the merchandize industry around the online casinos will also increase its market share considerably among online casino consumers.

We players like to talk in numbers, so let's do. As for 2005 the total spending in the UK alone on online casinos and gambling was 660 million GBP. The study forecasts that by the year 2010 this figure will rise to 1.6 billion GBP (no, I don’t have a typing error), the numbers of players will also double and will reach 2.1 million players. Although the study was conducted in the UK and its findings and predicaments are, officially, valid only Great Britain, we can safely assume that that it is relevant to any western country which take part in the online casino industry.