This is an exciting time in the world of online gambling. We are undoubtedly witnessing unparalleled growth coming from all sectors and with the emergence of additional territories, and advancements in technology, this could just be the beginning.
By it's very definition, online gambling relies heavily on the technology behind it. The improvements in broadband speeds have contributed to innovations such as in-play betting and live streaming. The user has never enjoyed such a wealth of possibilities and options from live casino dealers to spread betting.
Activity on mobile devices such as smart phones and tablets, will undoubtedly increase. With 4G becoming more widely available in most territories, the possibilities become vast. Expect to see much more emphasis on this sector with the introduction of a plethora of innovative features being introduced to maximise consumer revenues.
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 to 100 million.yStats.com, Mar 2014
Whilst most of the European markets continue to mature, some of the biggest global territories remain untapped. The USA, China, South Korea and Japan are currently for the most part outlawed, but it appears this will change over the coming years. With pressure on nations to increase revenues and taxes (especially following recent recessions), there are noticeable moves towards relaxing legislation.
Some individual states in the USA have recently started to develop an online arm to their gambling operations.
The US market for online casinos and poker could be worth as much as $93 billion by the year 2020.Morgan Stanley Blue Papers, 2013