PricewaterhouseCoopers
Many online gambling professionals, onlookers and punters like to have their say on the size of the industry. Most are in agreement that the number of people who go online to play their casino games and place sports bets is only going to increase but few have the evidence to back up these claims.
Well fortunately the folks at PriceWaterhouseCoopers (PwC) have had the foresight to put together some figures which show projected growth for the gambling market.
Overall the casino and online gambling market is expected to increase at a rate of just less than 10% per year for the next five years leaving the industry worth $182.8 billion (£116.9 million) in 2015.
Speaking specifically about online gambling, the PwC report noted that online gambling has and will continue to evolve and that the UK was the largest legal online gambling market.
David Trunkfield is the Lead Gaming Partner at PwC and he also added that he believed online casinos and land based casinos can compliment each other in the UK.
He added: "There will be more than enough room in the market for both online and physical gaming services provided each offers a compelling experience for the consumer."
