iGaming continues to grow in Europe
A new report revealed that online gaming in Europe grew 6.6 percent last year.
UK.- Research firm Eilers & Krejcik Gaming released a report where they establish that the online gaming industry in Europe grew 6.6 percent in 2016 to US$19.3 billion. According to the firm, regulated markets and their strong improvement helped achieve the good results.
The largest operator in Europe is still the UK-based bet365, which owns eight percent of the market share. Moreover, the company with the largest public is Paddy Power Betfair, with a seven percent. Despite of the one number rise of the online gaming in Europe, the results are quite impressive considering that countries like Poland, Portugal and Czech Republic have changed their regulations in the last few months, forcing the biggest companies to withdrawn their businesses permanently.
Eilers & Krejcik Gaming also confirmed that in the next couple of years Europe will have three or less operators active in every regulated market in the continent. Amaya remains the only operator to be present in all regulated European markets.
Furthermore, the research firm also announced earlier this year that online gaming will also grow in the United States, more specifically in New Jersey: the east state will experience a 17 growth this year. Whilst the industry was legalised back in 2013, year after year New jersey has been experiencing good results in its online gambling sector.
