2012 Stats Reveal £2 Billion (and More) Marketplace For UK Online Gambling Sector

Posted by Gambling News | Gambling Industry News,Gambling News | Thursday 28 March 2013 10:00 am

One of the reasons we say that the online gambling industry is a "mainstream" industry, is because of the size of the prize on the bottom line for operators. It is hardly surprising that the UK Government is re-visiting its taxation laws for this industry – during 2012 online gambling was worth more than £2 Billion; it is envisaged that this will grow monumentally. Her Majesty’s Customs and Excise hardly receives a share in this loot, as taxation mores are so tough that most UK operators provide these services to the UK-audience from White Listed, yet distant shores.

£2 Billion is a massive amount of money in an industry which grows, hour-by-hour, day-by-day, year-on-year. Now with mobile gambling being the new zeitgeist, Internet gaming is predicted to grow even more. Some remarkable growth percentages have been seen in this sector of the industry, especially during 2012, as more people get hooked up with a smartphone.

The leading gaming growth sector in the UK is currently real money sports-betting, and especially popular are the “in-play” wagers that can now be made from the convenience of a mobile phone. Just as an example – in the period 2011 to 2012, football betting has seen an increase of 69%. This makes it the second-most lucrative gaming market in the country, just a wee bit behind horse racing.

A recent study which revealed these result, also yielded other rather interesting results too. For example we now know that William Hill is in the lead in terms of market-share, but this does not necessarily mean they have the lions-share of the entire industry. 15% goes to William Hill, while Paddy Power, Betfair, Ladbrokes, and Bet365 each control the same at 11% each. 44% of the market is attributed to "other" operators.

Research is indicating that 29% of users who gamble online are using mobile devices, and smartphones to facilitate this form of entertainment. Searches for online gambling products from smartphones have also grown by 75%. This proves that the spirit of the times is for mobile gambling, and sport-betting is mostly what these users are looking for.

The Island of Jersey has now entered the race to become a licensee state. They are joining into the melee with territories such as the Isle of Man, Gibraltar, Malta, Alderney, and one or two other well-liked destinations. With so much attractive competition, the UK Government has a hard task ahead of them if they think they might be able to attract operators back to the fair shores of Pudding Island.

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Let’s Make Some Money Online – How About Taking a Gambling?

Posted by Gambling News | Gambling Articles | Saturday 14 July 2012 5:52 pm

There are some fabulous wealth creation ideas and schemes doing the rounds on the World Wide Web. While some are scams, most are pretty genuine, it’s just how you look at the scheme that makes the difference. We all know that knowledge is key to success, so the more we know about any wealth-creating scheme, the better informed we will be. However, if you are prepared to take a gamble, and don’t feel like working for your money, why not take a look at online gambling? There is definitely money to be made, but you must realise that luck counts!

Online gambling – that means over the Internet – is a mainstream industry today. It is regulated by authoritative bodies such as eCogra, and others. Many online gambling firms have gone the IPO route, and are listed on major stock exchanges. The London Stock exchange probably listing the lions’ share of these firms, as the UK is where the online gambling industry is also the most mature.
We find names such as William Hill, Virgin, Stan James, Victor Chandler, Betfair, Paddy Power, Gala, Mecca and Bet365 online, and we find many more too. We find websites powered by major movers and shakers in the online gaming industry; brands such as Microgaming, Playtech and Net Entertainment, and if you think we are scamming you, let’s take a look at the facts.

All three of these software brands operate massive networked slots games. This means there is loads of money going, if only you are lucky enough to win. But there are loads more ways to win when gambling online, than wagering on the slots. After all, even though the prize money is huge, and we are talking in the ‘millions’, slots are still a long…long shot!

More and more people are taking their online gambling and going mobile with it; in other words getting their gambling ‘on-the-go’. The biggest majority of gambling fans getting their thrills the mobile way are the sports-betting clique. In the UK and Ireland growth has been phenomenal.

Now fans take their favourite sports – football being only one – and get some extra pleasure by placing money on it. Online betting exchanges such as Betfair are popular too; it takes the bookie out of the equation, so, fans can decide their own odds, as well as bet against each-others’ predictive powers. Punters find being their own bookie great fun, and it adds an extra element of excitement to the game.

For now, if you are not an advanced punter, and you would like to play online slots to get a better feel for these games, let’s offer you extra incentive. On Christmas Eve 2010 at Bet 365; Tlaloo1 won £3 922 736 playing Clover Rollover. Microgaming has paid out over €320 million worth of prizes and has made something like 17 slots millionaires; including one whopping win of €6 374 434.00, which was once a world record slots win. But Net Entertainment now holds that world record with a massive online slots pay-out of over NINE MILLION EURO. So, prizes are getting better, and yes, there is big bucks to be made.

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