Gambling industry in Europe

Dec 20, 2019 / by Winer PR / In Uncategorized / Comments Off on Gambling industry in Europe

Gambling industry in Europe

The gross gambling revenue (GGR) of European countries in 2015 was highest in Italy at roughly 18 billion euros, closely followed by the uk with 17.9 billion euros. Germany, France and Spain also had a comparatively high GGR of at least 8 billion euros. The United Kingdom was top in gross profits of leading sports betting nations in Europe in 2014 with approximately 3.9 billion euros. Landbased lotteries in Europe generated estimated gross profit wins of 31 billion euros in 2015.
The online gambling market in Europe has been the biggest in comparison to the rest of the world as of 2015, with a market size of 18.11 billion U.S. dollars, followed by the Asian and Middle Eastern marketplace with 11.67 billion U.S. bucks. The European online market is estimated to grow to 24.75 billion U.S. dollars in 2018. The greatest share of internet gambling revenues in Europe came from sports betting with 37 percent, followed by online poker with 24% and internet casinos with 22 percent. The market shares of top online casinos in Italy show that Lottomatica, Sisal and Pokerstars rank at the top . The share of the total gambling market that comes from online gambling amounted to 15 percent in 2015, and is projected to reach 18% by 2020.
When it comes to the landbased casino sector in Europe, France had the highest gross gambling revenue (GGR) among casinos at Europe at 2016 at approximately 2.26 billion euros. Fantastic Britain revealed a GGR of roughly 1.17 billion euros. France was also contributing in the amount of casino visits in Europe by far, with 32.6 million visits that year. If it comes to the number of casinos in Europe, France, with 199 associated casinos, was next only to the Czech Republic, which has 218 associated casinos. But, casino employment is highest in Great Britain with 16,347 full-time workers, followed by 14,500 at France and 5,000 in Spain.