Gambling Articles
Gambling articles will help you to know everything about Gambling, online as well as offline.
Gambling means betting money or anything having material value in such an event where the outcome is uncertain. The main intention of such betting is an expectation of winning more money or material good.
Some key facts & projections
Here are some facts and projections given by renowned consultant Mr. Marco Felice Baranzelli:
Facts
- Gross gaming yield of global gaming market was USD 328.5 billion during 2007.
- Online casino market has grown rapidly worldwide since 2000. It has burgeoned from a mere $0.6 billion to $3.2 billion during 2000-2007, a compound annual growth rate of 28%.
- Among all gambling games, Poker has grown at the fastest rate. Comparing to the year 2004, market value of online Poker has increased by 107% till 2007.
Projections:
- Online gambling market will rise at the rate of 10.3% on a yearly basis till 2012.
- Offline gambling industry will increase only modestly, at a rate of 2.2% per annum.
- Online gaming revenue globally is expected to increase by 13.5% per annum during 2007-2012.
- Revenue of online casino will increase by 15% p.a. during the period 2007-2012.
Thus, we can sum up that gambling is burgeoning worldwide both online as well as offline. Become a part of this fast expanding industry to earn more and have fun.