Report: iGaming to Boost Global Gaming Win

A report published by H2 Gambling Capital predicts that global gaming revenue will rise by €14.8 billion this year, to €332.4 billion, fueled in part by online and mobile gaming.

Global gross gaming revenues will rise by €14.8 billion, or US.2 billion, in 2014, according to a report published by U.K.-based consultancy H2 Gambling Capital. The report predicts total gross revenue for gaming worldwide this year will be €332.4 billion, or US4.5 billion.

The consultancy predicted that the key drivers of the increase will be online and mobile gaming, with its 27 percent market share to increase to between 45 percent and 50 percent  by 2018, according to the report.

Simon Holliday, founder and director of H2 said that iGaming “remains the area with the most potential.”

“If all markets were fully regulated and developed, interactive gambling would probably account for in the region of 20 percent of global gambling today, with this rate having the potential to increase to 30 percent over the next 10 years,” he said. “The latter could represent the equivalent of a global interactive gambling gross win of as much as €115 billion.”

Holliday added that among iGaming providers, state lotteries will “grow at the fastest rate, with a number of operators yet to launch a digital offering,” and increase their share of interactive gross win from 2.3 percent in 2013 to 4 percent by 2018.