Despite the difficult global economic environment, it foresees the rise of online gaming. It seems that economic recession creates the perfect environment for the development of gambling on the Internet at the expense of the games witnessing .
The recent report of ( GBGC) on the world market of gambling points to a hard landing for most companies of various sectors gameplay offline or land based in Europe and the United States except for Asia.
Despite the current global financial crisis, the world market of gaming will grow from 345 billion U.S. dollars in 2007 to 433 billion U.S. dollars in 2012, according to the report.
However, it will not be plain sailing for some sectors,
as the executive director of GBGC, Warwick Bartlett: “The slowdown in the U.S. will hit the pockets of Americans, and Las Vegas will suffer from this effect, the high cost of fuel and a dependency to a system of road and air. America has not invested enough in the high speed rail, or at resorts or tourist destinations “. Since half of all visitors to Las Vegas arrive by air. The rest come by car or coach.
A sample of the difficulties that are going through some operators of Las Vegas, with a few drops of revenue from 10% and 11% in table games and machines respectively .
Bartlett believes that the UK has missed an opportunity to attract the global market for gambling on their territory, where the player feels better because of the probity of operators, social responsibility and the value offered.
“ In October 2001, houses bets made a deal with the then Chancellor Gordon Brown to repatriate its online gambling sites back to the UK in return for bets being taxed on the gross profits . For five years the arrangement worked well but now the houses are losing market share to offshore operators and therefore the government should rethink its strategy. The offshore betting houses are now investing the tax savings on marketing and growing their businesses. The current “gentleman’s agreement” is not sustainable in my view . The UK is losing the opportunity to create jobs, wealth, taxes and enter a sustainable industry “ said Bartlett .
The aforementioned report also addresses the GBGC
complex legal situation in Europe
. Points to a growing market and predicts that governments should adopt the European Court of Justice leaving to interfere with the free movement of goods and services among the EU member states.
With regard to Asia, the consultancy is optimistic about the
good prospects of two mega-casinos in Singapore, ‘to’ and pointing the possibility that it is the second largest nation in gambling and on
, Japan is going to have a casino within 5 years .
In the end, the current economic downturn coupled with the rising costs of energy, cheaper connection to broadband internet and banning smoking in all premises of the game in most countries of the world, is creating a perfect climate for the growth of gambling on the Internet
.
” People left their car in the parking lot, playing bingo online or watching a game on television and bet from the comfort of your armchair “
, commented Bartlett . ” “The presence of game companies are going to find it harder to compete with the advantages of the game on the Internet, and with 30% of revenues from gaming leaving the UK to go to tax havens.”
According to another industry analyst, Tihana Jurica ,
” The game in Eastern Europe continue to grow despite the global economic slowdown. “
Even these countries, Croatia, Poland and Slovakia and the Czech Republic, has a per capita income lower than that of Western Europe, the expansion of broadband services and regulatory changes on gambling over the Internet will grow this industry in Eastern Europe.
GBGC estimates that revenues from gambling online in 2007 are between $ 4 million in Croatia and 13 million in Poland. It is expected strong growth in the online sector in the next five years with increases of 25% in Croatia, 40% in Slovakia and the Czech Republic and more than 60% in Poland .
Is also expected to gross revenues of online gaming in Poland, will reach more than $ 120 million in 2012, followed by Slovakia and the Czech Republic in more than $ 35 million and 13 million in Croatia U.S. dollars .
An example of face and cross the difficult global economic environment: Rise and fall of the game on and offline respectively. Or not, it’s just a prediction …
L. Guilot
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